Personal Finance - Angel One - Page 183

Cryptocurrencies are all the rage these days. In the last one and a half years, they have witnessed a meteoric rise and have given mind-boggling returns to the holders of these virtual currencies. However, they have delivered a fair share of volatility shocks to their investors as well. Many have commented that these digital currencies are …

Overview The past few years have witnessed a sharp hike in interest surrounding cryptocurrencies ranging from Bitcoin and Ethereum to the more modest Dogecoin which coincidently began as a joke. This article seeks to shed light on what cryptocurrency is and provides a brief overview of all that it entails. What is Cryptocurrency? Also referred …

2020 was a year full of uncertainties. The economy witnessed a paradigm shift with respect to consumer behaviour, digital collaboration, business policies, and more. While the world persevered against the disruptions of the COVID-19 pandemic, it brought about some changes that are here to stay. Stepping up to the challenge of financially making it through …

Are you familiar with SIPs? Every passing month adds the same amount to your investments – and yet, the end result looks very different from what your monthly contribution is, isn’t that right? This is the power of habit – and habits are very similar to SIPs, except one point of difference. Habits are a …

2020 was a roller-coaster ride for a lot of people. But businesses, this year was unlike any they had experienced before. With the demand and supply of products taking twists and turns, and lockdowns extending for weeks and months – doing business in 2020 surely was a difficult task. And so were investments.  However, first …

Most good investors tend to revisit and revise their portfolios at the end of the year. However, some don’t, and they continue to leverage the performance of their existing portfolios as they wade into the new year. However, 2020 was an unusual year in more than one way. We will talk about that shortly – …

Introduction: When you go into a bank as a customer, your bank representative is the one who helps you every step of the way, providing you with the financial products or solutions that are the best fit for you. However, when it comes to understanding where their financial interests lie, it is important to be …

Portfolio administration is one of the most important tasks involved with making investments into any market or on any type of security. Portfolio administration is usually performed by a portfolio administrator, on behalf of an investor client. Portfolio administration involves the processes involved in ensuring that a high return on investment (ROI) is achieved, and …

Even as a bill that proposes to ban private cryptocurrencies is being planned, the Finance Minister’s recent comments about being open to experiments in the world of cryptocurrency have given rise to fresh discussions on the issue. It has also given new hope to stakeholders of the crypto world in India. The proposed bill, called …

Non-resident Indians who seek to invest in India will from now on be treated along the same lines as Indian residents who invest domestically, according to new rules issued by the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry. The department also noted that such NRI investments …