Two years ago, when Rajneesh Ramanujan (name changed) took a home loan to buy a two bedroom flat in Malad, he was in perfect health and spirit. Things were going well until he started experiencing a recurrent chest pain. One day, he came home early from work as he was feeling uneasy. That very night, [...]
Investing
Individual and companies need to know the currency rates of different countries to make investments to buy different goods. Generally, every company that exports require to be paid in the currency of their own country or in the dollars because they are accepted all countries of the world. Typically, the foreign exchange market is the [...]
Litigation funding has been available in the UK for many years. Today, commercial litigation funding is one of the biggest third party funding areas. This is because; while there is increased risk in investing in such cases, the return on investment for companies can be well-worth it. Commercial legal battles can be drawn out and [...]
This is one of the queries I recently got at one of my workshops. Obviously this did not have a straight answer and hence I told him I shall revert by email later. By instinct I felt it is very much possible. I sat down and wrote this: Yes it is very much possible and [...]
What CIBIL is all about? Being India’s first and leading Credit Information Company, CIBIL – Credit Information Bureau (India) ltd collects and maintains records of individuals’ payment pertaining to loan and credit cards. These records are submitted to us by various member banks and other lenders, on a monthly basis. We then use this information [...]
Last year in March IRDA had announced that it plans to launch Health Insurance Portability in India and rolled out the operations from October 2011. Just like changing a telecom service providers now you can change your health insurer. I came across an excellent infographic prepared by The Wealth Wisher on the same. It speaks about how [...]
Well surprising isn’t it? A blogger spreading out news has caused Adani Group a huge intraday fall on the exchange last week. This all happened earlier last week on Tuesday when the rumour of Adani’s arrest in the missing state NCP leader Jayanti Gohil case caused panic among the among stock brokers across country. This resulted in crash [...]
We have earlier written a bit about forex and how does forex trading work. A simple definition for Forex trading is “The forex Market is a network of buyers and sellers operating without a centralized exchange where one currency is transferred for another currency between participants at agreed upon prices.” Check out the Infographic for more insights: [...]
With gold currently selling at about $1600 per ounce, down from its high of $1921 in September, 2011, a good question to ask is, where is the price headed now? Do you buy now in anticipation of higher prices next year, or wait until the price comes down further before you make your purchase? Supply [...]
