A personal loan is dependant on the credit profile of the individual borrower, if you already have other loans active, you may or may not be able to get a personal loan.

Conserving cash is the basic tenet of financial management.

Relevant business structure attracts a certain tax liability and it is important to consider the tax implications before finalizing the formation.

Unlike the PPIs that are available now, the new instrument can only be used for making retail payments. You cannot use it to transfer funds to other PPIs, make credit card payments and so on.

The way you buy gold changed from January 15 as hallmarking has now become mandatory. There are four components that you should look for on the hallmarked gold jewellery to ensure the purity of gold. Here is a look at each of them in detail.

If you are using a Windows computer with a standard hard drive, sooner or later the computer will become sluggish. One way out is to tweak Windows to perform better with your existing hardware.

You can take your mobile photography to the next level if you have the right accessories. ET Wealth tells you about five must-have add-ons to get creative with mobile photography. Some of them can be purchased from prices starting as low as Rs 199.

Your computer, smartphones might be holding videos, photos and audio in various folders, and you would not even know that it's there. Hence, ET Wealth tells you the following methods on how to clean up your devices for more efficiency.

The RBI announced a host of measures today aimed at increasing liquidity in the economy.

Due to lockdown in the country, we are more dependent on the Internet, which also means that we are more susceptible to tracking by websites and apps for our data. Here are 5 simple steps you can take to protect your personal information.

Unique Identification Authority of India has permitted Common Service Centres to offer Aadhaar update services.

The stock market, bond market and other financial markets are feeling the negative effect of coronavirus. ET wealth presents a quiz to help you assess your risk appetite in the current market scenario.

Any investment decision during this period should be made factoring in the short-term goals of an individual.

Applying this to financial markets helps investors to determine their chances of success in a fixed number of attempts (or trials). Another application of binomial distribution is to find out the probability of a company reporting positive growth in the EPS.

The looming uncertainty caused by coronavirus without a doubt requires cutting down on expenses. You need to start exercising monetary prudence and caution. However, don’t try to cut corners in these five expenses even at such a time.

Stores of value are worthwhile only if they can step up and be useful when we need them. Not if they also lose value, freeze up, or get locked when you must access them. In other words, you should be able to liquidate your assets without difficulty should the need arise.

Liquidating assets to pay off debts is recommended only if you find it difficult to pay EMIs.

No investment portfolio would have escaped the impact of coronavirus and the consequent financial troubles. Analyze the strengths, weaknesses, opportunities and threats in your financial plan in the following quiz and find out where you stand and what you need to do.

We can do a lot without spending money, and money well spent can do a lot. Let your money help you and those around you live better. Rather than lying meaninglessly in expired bonds, unaccessed PPF accounts, unused vases and unworn dresses.

Incomes of many people, especially those who are self-employed, have been impacted due to the lockdown. To help you through these tough times, here is how you can cut down on current expenses so that your future goals are not at risk.

In India, the total number of jobs likely to be impacted is 136 million, as per the NSS.

Categories like essentials, at-home entertainment, health and insurance continue to show greater resiliency.

Events such as losses, layoffs, unpaid leaves and salary cuts also affect us mentally, particularly in case of business shutdown. Layoffs or unpaid leaves for a long time can leave us extremely demotivated. This is where our self-belief matters the most; our belief in our self, our attitude and our capabilities.

You should explore the `pause your SIP’ option offered by mutual funds before finalising to stop your mutual fund investments through SIPs.

It is important that your correct bank account with IFSC is linked to your Universal Account Number (UAN) to receive the credit of EPF funds timely.

The global economy is already in recession. Travel and tourism, restaurants, movie theatres and scores of other businesses have suddenly come to a standstill.

Investors and advisors alike have been very unkind to this Thirteen Lakh Crore category of Mutual Funds, because of one of its sub categories: Credit Risk Funds, managed by Franklin Templeton Mutual Fund.

Many individuals have become extremely careful about their personal finance in the wake of Covid-19 pandemic and mounting concerns about possible job and pay cuts. Many of them have suddenly turned enthusiastic investors.

Credit risk funds have always been vulnerable to its investments of up to 65% (and more) in the lower-rated instruments. To earn higher returns than the rest of the debt categories, the fund manager buys high-yielding, low credit quality bonds.

For complete protection from rising medical costs, one needs both indemnity as well as defined-benefit type of health plans.

Take a marathon for instance; while one runner may have a calculative approach, another might count on his unmatched stamina to run for miles together without stopping - but both could be champions in the same sport, just that their approach is different.

To talk about investments in parlance with football; an investment without a goal is like a game of football with one - it'll basically have no meaning.

Olympic Games typically end with the marathon run. It is considered to be a very important event that tests the resolve of the athletes.

The two primary forms of growth of a mutual fund scheme is either the growth of the Net Asset Value (NAV) or if the fund regularly declares dividends.

A multi-cap mutual fund scheme or a diversified equity mutual fund scheme typically invests in stocks across market capitalizations, sectors and styles of investment.

Gymnastics is a great combination of strength, balance, flexibility and grace.

Equities are true blue wealth creators in the long term - this is probably the most preached mantra, but seldom practiced!

An alternate option, in this case are Equity Linked Saving Schemes (ELSS) or tax-planning mutual funds as they are popularly known.

Spurred by the insurance regulator to come up with Covid-specific products, several such plans have flooded the market in the past month or so from players such as Star Health & Allied Insurance, Bharti AXA Health Insurance, etc.

The policy does not stay in force unless renewed. This means any claim filed during the grace period is not considered by the insurer for the settlement. It is advisable to renew the policy before the renewal date is missed or the grace period starts

You may now get the option from your insurer to pay your health insurance premiums on a monthly, quarterly or half-yearly basis in addition to the current option of paying premiums on an annual basis amid coronavirus outbreak.

Notably, Bharti AXA General Insurance’s proposal for a usage-based motor insurance product was shortlisted by the Insurance Regulatory and Development Authority of India for its regulatory sandbox project.

Psychology says your identity is the way you define your uniqueness through your past, present and future.

An athlete is a master of the science behind his sport. Which muscles to exercise, the right skills, the impact of diet and which medicines are allowed. Figure out the science behind the interview and selection process of the company.

If the economy tanks into a recession, you and everyone else are at risk of losing his job. Finding a new job in a recession will be a massive challenge and hence you need a battle plan.

The ongoing all-India lockdown could be lifted after 21 days or get extended. If the latter happens, the economy will get worse and firms may have to shut shop. Here's how you can achieve career growth even in a lockdown, as you preprare for things to swing either way.

As the country is under Coronavirus lockdown, you can use this opportunity to learn some important skills and accelerate your career growth. Here are the eight skills you can learn.

Skill stacking is the most efficient way to multiply your earning ability. Not everyone has the time, ability and resources to single-mindedly pursue one skill to perfection. However, there is a faster way.

If the company is planning lay-offs, start circulating your resume and talking to people in the industry without discussing it with colleagues. It is also a good idea to build a contingency fund to help you sail through in case you don’t find a job immediately.