Category: Money
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What are NOSTRO and VOSTRO Accounts?
The “Nostro” and “Vostro” are financial terms used to describe the same bank account. Such accounts are opened up to ease the financial exchange and trades between two countries. By opening this account we can eliminate the middle currency (dominating currency) which is dominating the world. For example, If India wants to trade with Russia […]
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What determines the price of crypto? Tips you should know before investing
You’ve undoubtedly heard of cryptocurrencies, the digital coins everyone is talking about and trying to get the hang of. However, if you’ve only recently started looking into crypto, you may be unsure what it is and does exactly. It is a tradable asset sold and bought in a market context like stock and securities. The […]
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5 tips for SMEs exploring trade finance options
Getting a small business off the ground or even gaining some momentum as a medium-sized business are both equally challenging enterprises. This is mainly due to tight financial scenarios with very little room for mistakes and downtime. In order to grow SMEs into big self-sustaining businesses, it is vitally important to create a robust financing […]
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What are index funds? Explained
Index means indices. Indices refer to a measurement of the price performance of a group of shares from an exchange. For example, NSE’s Nifty 50 contains the top 50 companies in India, and BSE’s Sensex contains the top 30 companies in India. Similarly, there are indexes based on the category of business like – Nifty […]
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Is a business loan a good idea? What you need to know
It is common knowledge that one must invest money if they want to create more. This saying is especially applicable to businesses. In the case of a business, the infusion of an adequate amount of capital facilitates growth, profitability, and longevity.
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5 promotional items that are actually useful for office workers
Distribution of promotional products is a great way to get more brand recognition and remind consumers and potential clients what you can do. The right item promotes customer retention and loyalty, generates leads, boosts your brand visibility, and helps you stand out among competitors. Choosing the right promotional products is essential. If it isn’t practical, […]
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How to start investing in art?
There are plenty of good reasons major corporations like Deutsche Bank, UBS, and JP Morgan Chase have a curator who works on their private art collection. For example, the UBS art collection includes 35,000 pieces, which means around one piece of art for every two employees. The reasons major banks and other corporations are bringing […]
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How to choose an investment platform?
Your work should bring a well-deserved income. But not only work can serve as a source of your income. You can make your money operate for you. This mechanism is called passive income. You invest in stocks and receive dividends. Also read: Do all stocks pay dividends? The procedure of investing money in stocks for […]
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Passive income ideas that’ll make you rich
You can make money doing almost nothing. But all you have to do is make some investments that earn themselves and pay you back some handsome returns timely for the lifetime. Here are 8 passive income ideas, I have listed ideas for large as well as small investments so that every budget individual can begin. […]
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Looking for the best savings schemes? Here’s how it looks!
Looking for the best investment options? Read this to know about the best saving schemes available in India
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What happens if you overpay your credit card bill? Is it bad or beneficial?
Most of new credit card holders think that overpaying the credit card balance may improve their credibility and credit scores, but that’s not true at all. Instead, it does nothing extra benefit to credit score. It is true that credit card payment history also counted towards the calculation of credit score, but more things are […]
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Get amazing deals and discounts of airline and hotel credit cards
There are many benefits of airline and hotel credit cards. First, you will be able to take the advantage of airline and lounge discounts. You can find a lot of different offers in the market. The good thing about these credit cards is that they will provide you with the best deals when you book […]