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Be Careful In The Festive Season – Adopt Budget To Avoid Debts

There is always a bliss in the air and a rush of the commuters on road in the festive season as each seek to find the best items to buy for one’s family. With the enthusiasm and the merry making in the festive season you always tend to spend more than you had assumed and as a result you end …

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Difference Between Fortnightly And Monthly Loan Repayments

Today we all have plenty of need but limited resources so most of the time people take loan to fulfill there needs. Once we take loan, the term Loan Repayment comes into picture, loan repayment means paying the money back to the organization from where we took loan. There are different ways to repay loan amount back, Fortnightly and Monthly …

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Indian Budget 2011 Highlights

Finance Minister has started presenting his sixth Budget in the Lok Sabha. The Highlights of the federal budget 2011 are follows:- Highlights Service tax to cover hotel accommodation above Rs 1,000 per day, A/C restaurants serving liquor. Air-conditioned hospitals with more than 25 beds come under service tax regime. More services to will come into service tax net. Ship owners …

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What Is Option (In Finance)?

In finance, an option is a derivative financial instrument that establishes a contract between two parties to buy or sell an asset at a set price before a given date. The option depends on some other assets for its value as it gets value from the stock or the index. For this reason, options are also called derivatives. Options are …

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What is Pegging(Peg) In Finance?

Pegging is a method which is used to fix the values relative to assets of stable value to increase market stability. It is most commonly done in Foreign Exchange for currency pegging in which a government fixes the exchange rate of its own currency to the currency of another country which is viewed as reliable and highly stable. Most countries …

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