Personal Finance Articles

 In the corporate world, employees are often disgruntled, disappointed in the work environment and seek a change of job. There are many factors which are responsible for reasons to switch your jobs. It could be a low salary , lack of growth in your present job, negative working environment , lack of leadership, excessive work load, fear of being sacked, or may be poor working relationships. The other factors that trigger the urge in you for a change of job is overbearing attitude of your boss and higher management, or you have reached a saturation point in your present job and feel there is absolutely no chance of appraisal. These days with innovative technology and a dynamic mode of governance, some companies tend to stick to old age customs and traditions are reluctant to change and this  [...] 

The present generation can aptly be termed as the technological generation and our era is rightly known as the digital era. Major honchos like Google and Microsoft have added fuel to the fire. It would be interesting to know that all these companies had a humble origin and have gradually risen in stature. Often your first business venture may end in a disaster while there may be a couple of people who are able to dig out the secret formula to running a successful business. Let us read five basic techniques which will pave the way for a successful start up. Proper and detailed planning: your business plan needs to be practical and realistic. You need to jot down the minutest details and anticipate the approximate profit and loss. You also need to have a fall back revenue lasting around a year. Do  [...] 

For a growth of any organisation, it is imperative that the work force is drawn from different cultures, states, regions, gender. Organisations excel when there is adversity of talent, as different thought processes brings in new innovative technology, creative implementation and execution methods, fresh approach to management, lateral thinking at its peak. Intermingling of diverse work force brings an impressive change in the organisation and ensures that the talent an all parts of the country are tapped and used to the maximum potential. Thinking and wired differently by the diverse work force has given positive results to the organisations and at times the profit margins and gains have multiplied by about 50% and targets are achieved at a faster pace. Many corporate houses have started adopting  [...] 

After a long wait of 3 years and countless hassles and set-backs, the Reserve bank has finally allowed private and public sector companies to open banks in India for the general public. The companies who plan to open banks will have to apply for bank licences and will have to follow and adhere to strict guidelines and banking ethics. To safeguard the interest of the bank customers and public in general, the Reserve bank is very clear that will have to limit their holdings in the bank below 40% within 3 years from the date of commencement. The RBI guidelines clearly stipulate that companies will have to infuse a minimum capital of Rs.500 crore and will have to get all the necessary clearances from the enforcement authorities and RBI has the powers to seek all the relevant information regarding  [...] 

It seems like in many industries today, the current economic reality as well as the outlook as rather dire. However, one industry that seems to be defying this trend is that of gaming. Much evidence exists to support the assertion that this sector is experiencing phenomenal growth within the Asia-Pacific region. Australians have a deep love of gambling. In fact, in comparison to world countries, more Australians gamble than the adult citizens of any other nation. Within the country, poker is king with 60% of all revenue coming from this game and sites like OnlineCasinoAustralia.com.au are very popular. Not only do Aussies love their gambling but their love of sports has helped to prod along the sports betting sector, which is also seeing growth. In fact, over 3% growth is expected to happen  [...] 

Internet is today’s one and the most used network channel.  Through Internet you can connect anywhere across the world for any purpose.  This is all possible due to fast growing technology, the web-based technology.  Experts in this technology develop web sites for organizations, companies, etc. This technology is called web designing.  This technology has made business very simple, “at the click of mouse.”  The entire portal of a particular organization or a business entity can be found on company’s website.  The websites have a name with an extension like.com, .org, co.in, etc.  Apart from this, various portals are available that help you to connect various parties with each other.  For example, a portal called indiamart.com, through which a seller can find buyers  [...] 

A new change has been initiated in the vehicle insurance policy. Soon it will be possible for you to buy a long term insurance policy for your two wheeler vehicles and save you the hassles and problems of renewing your vehicle insurance on expiry. This move will bring a change in the attitude of agents who shy away from renewing the vehicle insurance policy as it is not lucrative enough and hence the vehicle owners lose interest in renewing their vehicle insurance policy. The General Insurance Council, the body that regulates vehicle insurance has initiated this step to issue vehicle insurance policies for a period of ten years replicating the concept used by the road tax, which is charged for life time. Vehicle insurance can be done online but it is very difficult for those who live in rural  [...] 

It is easy to take a credit card, but it very difficult to maintain your credit card, as there are terms and conditions to be followed, and failure to follow the regulations may put you in a legal litigation, your credit value will be in doubts and you may be declared as a defaulter. If a credit card holder for some reason disputes or delays the payments on his card, he is declared as defaulter and his name appears in the list of people with bad credit rating and is not eligible for loans or credit cards from any bank. This information is shared with all the banks, even though different banks have different terms and conditions for its credit card holders. When you apply for a credit card and sign the relevant forms you must carefully scrutinize the details in fine print and you must check  [...] 

When we think of investing in precious metals we always think of gold and silver, however in the past few years, platinum is the metal, which is being considered as effective tool of investment and can fetch you high returns in the long run. As the prices of the gold have skyrocketed, platinum is the most preferred investment option today. The platinum- a white metal, being scarce in the world, the price of this metal is bound to multiply in the long run and make it a very viable investment. The low volatility in the prices of platinum in comparison to gold has also been one of the main factors that have triggered a massive demand for platinum. It has been researched that when the European economy is revived, the demand of the platinum will be at all time high and the prices even surpass gold  [...] 

Whenever there is a transaction which involves a tangible asset, generally there is a trend of the buyer giving some earnest money to the seller before he is able to arrange the full payment of the asset he wishes to buy. Earnest money is a confirmation and seal to the transaction, and the rules of the arrangements are not very complicated. If the buyer decides to back out then the earnest money given by him to the seller has to be forfeited. However if the seller decides to back out, he will have to give back double the amount which was paid by the buyer well within the stipulated time frame which is set by both the buyer as well as the seller. To ensure that both the players are fair in their dealings, there is an intermediary involved. This intermediary is known to both the parties. Generally  [...]