Financial independence is a goal that many aspire to, yet few fully understand what it entails. At its core, financial independence means having enough personal wealth to live without having to work actively for basic necessities. This state of financial freedom allows individuals to make choices about how they want to spend their time and…
New Delhi, Oct 4 (IANS) Despite geo-political uncertainties, the investors’ confidence remained intact in India’s growth story as the country’s foreign exchange reserves surpassed $700 billion for the first time, reaching $704.89 billion in the week ending September 27, the Reserve Bank of India (RBI) data showed on Friday. The forex surged $12.59 billion, which…
Credit card users can enhance reward points by purchasing gift vouchers instead of swiping cards directly. Platforms like HDFC SmartBuy and American Express Reward Multiplier offer up to 10X points across various brands, providing instant discounts and maximizing rewards during the festive season. Most people use credit cards for online transactions or in-store purchases, earning…
Prof Ram Singh, director of the Delhi School of Economics; economist Saugata Bhattacharya; and the Institute for Studies in Industrial Development’s director and chief executive, Dr Nagesh Kumar, as members of the Monetary Policy Committee (MPC). These are the members are appointed for a tenure of four years, by the government on Tuesday. The new members…
The world economy is a complex system that encompasses all economic activities across nations, involving production, consumption, and trade. Here are some key aspects to understand: 1. Global Interdependence 2. Trade and Investment 3. Economic Indicators 4. Emerging Markets 5. Technological Impact 6. Financial Systems 7. Challenges and Risks 8. Global Supply Chains 9. Currency…
