Paper money was invented as a financial instrument in exchange for goods and services around the 7th century in China. Since then various instruments of expenditure, lending, and investment of money have come into being. Bank deposits, equity shares, mutual funds, debt instruments, pension funds, chit funds and so on. An average citizen approaches the […]
Month: February 2020
Annual Budget FY2020-21: How Small Investors Can Secure and Grow Their Financial Holdings
The enormous annual budgetary exercise by Government of India has begun for the Financial Year 2020-21. India is the fastest-growing trillion-dollar economy in the world and the fifth-largest overall, with a nominal GDP of $2.94 trillion. So our budget planning is a vast and complicated exercise involving several stakeholders – government, industries, bankers, investors, borrowers, […]