With poverty and unemployment still at alarming levels in India, the government of India, in collaboration with the Ministry of Rural Development, launched the Deen Dayal Upadhyaya Antyodaya Yojana in an attempt to make Indian citizens self-sufficient by providing them...

The Government of India recently gave the start-up sector a much-needed boost by introducing the Credit Guarantee Scheme for Startups. The scheme is part of the Startup India action plan. It would allow firms to borrow money without putting up...

The Government of India (GoI) established the Credit Guarantee Scheme for MSE Micro and Small Enterprises (CGS). The aim is to provide collateral-free credit to the micro and small business sector. Existing and new businesses are also eligible for coverage...

Retirement plans help you in being financially independent post your retirement. Once you retire the fixed and regular flow of money stops. Without any savings and investments it will be difficult to manage your necessities and lifestyle. Moreover, with the...

What is a Pension? A Pension provides a monthly income to the people during their retirement years. It helps the retired individuals in earning a regular income while being financially stable. A better pension plan helps individuals in the following...

The working capital turnover ratio is an accounting ratio that determines how effectively a business utilises its working capital to generate revenue. It is also an activity ratio. Working capital is the operating capital that a company utilizes in its...

What is Nifty? The Nifty meaning in stock market is a derivation from the mix of two words, i.e. “National Stock Exchange” and “fifty”. It is an abbreviation of the National Stock Exchange Fifty. It is a collection of top...

The India VIX is a volatility index. It is based on the NIFTY index option prices. The best bid and ask quotes of the out-of-the-money near- and mid-month NIFTY option contracts are used to calculate the India VIX. It shows...