6 Things on Which People Overspend the Most
It is quite common that we overspend more on the things which we don’t need than on the things we
Read moreMonth: March 2012
Third Party Motor Premiums Will Rise From April 1
IRDA, the insurance regulator has notified new rates for motor third-party premium. The rates will go up from 5% to
Read moreCVC Reconstitutes Advisory Board to Check Fraud
The Central Vigilance Commission (CVC) has reconstituted an advisory board to help the CBI in searching cases related to bank,
Read moreSBI Allows its Existing Home Loan Buyers to Switch to Floating Rates
The State Bank of India (SBI) decided to let its existing home loan buyers to switch over to the new
Read moreGold Jewellers Extended Strike Till 31st March
Recently, on March 16th, the Finance Minister while announcing the budget proposed that excise duty of 1% on unbranded precious
Read moreSavings Addiction – Are You One of Those Spending More Trying to Save Money?
Savings addiction is a rapidly growing concern mostly seen in urban areas. There are people who overspend money on items that are on discount or sale. They become addicted to this purchasing behaviour and buy things they don’t actually need or use
Read moreWhy People Become Spendthrift?
Spendthrift is a person careless with his money. He spends money carelessly to get instant gratification and is not worried of how his bills or debt will be paid in future. This uncontrolled spending behavior has an underlying psychological or emotional motivation. Know why people become spendthrifts in this article
Read moreCommon Bad Attitudes Towards Money
Today, we can see many people who have messed up with their personal finance and leading a stressful life. If you carefully observe, you can see some common attitudes among them towards personal finance. Know what these attitudes are and overcome them to set your financial life right
Read moreInvestment in ELSS Better than PPF, NSC: CRISIL
Recently a report from Credit Rating and Information Services of India Ltd (CRISIL) stated that investment in an Equity-linked Savings
Read moreAvoid Difference in Rates on Similar Term Deposits: RBI to Banks
The Reserve Bank of India (RBI) asked banks to avoid sharply difference in rates on deposits with similar maturities. RBI
Read moreUnion Budget 2012-13: Highlights
The Finance Minister of India, on 16th March announced the Union-Budget 2012-13 in Lok-Sabha. For the financial year 2012, the
Read moreRBI Imposes Norms on Non-Banking Finance Companies Lending Against Gold
The Reserve Bank of India (RBI) on 21st March, tightened rules for lending against gold by Non-Banking Finance Companies (NBFCs),
Read moreRealtors Unhappy With RBI’s Decision to Keep Policy Rates Unchanged
On 15th March, real-estate developers were very disappointed with RBI’s decision to keep key policy rates unchanged. These realtors sought
Read moreMutual Funds Increased By 2% to Rs.6.75 Trillion in Feb: Crisil
The Indian Mutual Fund Industry’s assets increased to Rs.6.75 trillion by the end of February from Rs.659 trillion in January,
Read moreEPF Rate Cut From 9.5% to 8.25%, Deepest Rate Cut in Decade
Government on 15th March has slashed interest rates on Employee Provident Fund (EPF) deposits to 8.25% from 9.5% for 2011-12
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