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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 ... Read More »

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 ... Read More »

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 ... Read More »

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 ... Read More »