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Month : January 2018

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  • The current Bitcoin rally in India – What you need to know

    Jan 29, 2018 0 comment(s) Categories: Tips for financial freedom
    The current Bitcoin rally in India - What you need to know

    Bitcoin, are actually not coins but a kind of alternative currency that only exists in the digital domain. It is protected with layers of encryption and are mined digitally only. Bitcons are freely transferred from one user to another without an intermediary as it’s an open source software. Therefore, it means that no person, or company, or country owns this network. Since our current government is hell bent in a cashless economy, digital cryptocurrency has made its presence felt in India. Right after the demonitization drive by the current government, Bitcoin exchanges in India have witnessed a rise in the user base by upto 250 percent. Where can you purchase these?  Bitcoins are mined using exclusive programs running on any individual’s computer that works to decrypt the algorithm,

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  • Basics of personal finance

    Jan 29, 2018 0 comment(s) Categories: Super rich lifestyle
    Basics of personal finance

    Financial planning is essential; whether you are a student struggling with student loans or the CEO of a high-profile company. Financial planning covers an extensive array of money topics including budgeting, everyday expenditure, debt, saving, retirement, and insurance among others. Here’s what you need to know about Financial Planning 101: Budgeting: This is one of the most vital basics of personal finance. At the very fundamental level of personal finance, you're dealing with a budget; you make money to spend that amount. Of course, not everyone makes a detailed weekly or monthly budget. Sometimes it is just the amount that needs to be spent for the week scribbled on a scrap of paper and stuck to the fridge. Creating a budget will make you realize how much

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  • Soon banks may be able to wipe out your cash

    Jan 29, 2018 0 comment(s) Categories: Tips for financial freedom
    Soon banks may be able to wipe out your cash

    One of the bills among an entire lot of banking reforms is to endorse the new law which frames the rules for the judgment of failing banks. All these details were leaked to social media which made worry ripple across banks in the country. This bill was approved by the Central Government in the month of June 2017. If the Indian government does go ahead with the passing of this bill, the Resolution Corporation, which is the proposed rescuing body, is the shoe-in for a large amount of “bail-in” power. This corporation can summon these “bail-in” conditions for saving a bank or a financial institution which is on the threshold of collapse. The corporation will be established under the Financial Resolution and Deposit Insurance Bill. Used to save

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  • Infrastructure

    Jan 29, 2018 0 comment(s) Categories: Risk avoidance made simple
    Infrastructure

    The infrastructure sector is a major driving force for the Indian economy. This division is decidedly in charge of boosting the country’s overall expansion and enjoys powerful focus from the Government for setting off reforms that would make sure time-bound formation of world-class infrastructure in the country. This sector includes power and electricity, bridges, dams, roads as well as metropolitan infrastructure development. In the fiscal year of 2016, India progressed nineteen spaces to now rank number thirty-five in the World Bank’s Logistics Performance Index. This place was out of one hundred and sixty countries in total. Foreign Direct Investment According to DIPP (Department of Industrial Policy and Promotion), the amount of Foreign Direct Investment received for the years 2000-17 was worth an approximate 25 billion US dollars.

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