How to choose credit card you need?
Credit cards are one of the best payment methods today. They are an effective tool to manage daily cash requirements and build a credit history for beginners. There are plenty…
How to use credit card efficiently and effectively?
Today, credit cards are one of the most popular payment methods. The young generation use credit cards for nearly all their spends. While credit card is a very useful tool,…
10 reasons to use a credit card everyday
Ravi went out shopping on a Saturday afternoon. He went to a store and bought himself formal clothes. He swiped his credit card and the payment was done in a…
RuPay: Credit cards made for India
RuPay is a card payment network of India. It is widely accepted at ATM's, PoS devices and e-commerce websites across India. The name has been coined from the combination of…
Unified Payments Interface (UPI): A comprehensive guide
What is UPI?Unique Features of UPIParticipants in a UPI transactionHow UPI works?Benefits of UPI What is UPI? UPI means 'Unified Payments Interface'. It is a smartphone payment system which enables…
Credit Cards: A comprehensive guide
Credit cards are rectangular cards made of plastic or metal which are issued by a bank or a financial institution. These enable the card holder to pay from borrowed funds…
What is margin money & margin trading?
When an investor trades shares, financial instruments with money borrowed from the broker, the investor has to maintain or deposit a certain amount as 'security' or 'collateral' with the broker.…
Futures & Options: Meaning, Examples, Types & Differences
Futures and Options are both derivative instruments. Investors can use these instruments to speculate or to hedge risks. Both these instruments derive their value from the underlying index, security or…
What is a Dividend?
Steps in Dividend Payment ProcessImportant Dividend DatesTypes of DividendTaxation of Dividends in India When a company shares it's profits or earnings with it's shareholders or owners, it is called 'dividend'.…
Bank NIFTY: Everything you need to know
Bank NIFTY is the National Stock Exchange's (NSE) index of banking stocks. It represents stocks of 12 of the most liquid and largest capitalized banks in India, trading on the…
What is NIFTY 50?
NIFTY 50 is a benchmark stock market index in India. It represents the average of the 50 largest Indian companies listed on the National Stock Exchange (NSE). NIFTY 50 index…
What is Stop Loss?
A stop loss is used to limit the traders loss on a particular security position. Simply explained, a stop loss is a method used to limit losses. Let us understand…