Finance

As compared to RBI’s Rs 2.69 lakh crore surplus in FY25, most other leading central banks have reported big losses While the Reserve Bank of India (RBI) is not focused on generating profits, its operations naturally create profits. Central banks of other top economies also follow a similar approach, although overall profits or losses may vary. In FY25, the Reserve …

In today’s fast-paced work environment, where financial stress is a common concern, employers are increasingly turning to financial wellness programs to support their employees. These programs offer a range of benefits aimed at empowering salaried individuals to manage their finances effectively. Let’s delve into the key components and advantages of implementing such initiatives: ● Financial Education and Training: Workshops, seminars, …

Whether you’re a business owner or about to head to college, it’s never too late or too early to start taking control of your financial future.  This requires you to be strategic with spending your money and consider investment and saving options.  Here are five personal finance strategies you can implement to take control of your finances to help you …

In today’s fast-paced world, managing personal finances can be challenging. Unexpected expenses, emergencies, or unplanned purchases may arise, requiring additional funds. When faced with such circumstances, small loans and credit cards can be viable solutions. However, before diving into either option, it’s essential to understand their characteristics, advantages, and disadvantages. So, are you in need of some extra funds to …

If you are finding it difficult to pay your essential bills, please do note that you are not alone. As per a report published by the Federal Reserve, around 1/4th of adults in the United States are facing issues with clearing their bills. Either some bills are left unpaid or only partial payment is made. Not paying bills can further …

With United States debt at an all-time high, economists are sounding the alarm bells. Estimates indicate that the US could default by as soon as June 01. The US Dollar being the global reserve currency, the impact will be felt across the globe. The US debt default is a situation where the debt ceiling has been breached. If the debt …

Payday loans are a great help when it comes to meeting cash crunch situations. However, due to their high rate of interest and short repayment period, many people are unable to repay their payday loan. Depending on the state, the cost of a payday loan can be as high as annual percentage rate (APR) of up to 400 percent. In …

Need to buy something, but don’t have funds? We all face such situations from time to time and it can be quite frustrating. But many of us don’t realize that there are quite a few ways to raise cash fast. Of course, you can borrow from family and friends. But apart from that, there are various other ways to make …

The value of your home equity will remain an unusable asset unless you take steps to unlock it. As you continue to pay your mortgage installments, the home equity value continues to rise. Value of home equity may also increase if there is a rise in property prices in your area. Rather than let it sit idle, you can make …

Today, paying rent is a significant expense for individuals living away from their hometowns. Additionally, finding the ideal financial tool to pay rent on time can be difficult, as nobody has the time to take out cash every month with their busy lives. If you can relate to this, a credit card may help. Rent payments using credit cards are …