Author: Naresh Saini
Naresh Saini
Naresh Saini, a graduate with over 10 years of experience in the insurance and investment sectors, specializes in covering topics related to insurance, investments, and government schemes. His expertise and passion for the financial industry allow him to provide valuable insights, helping readers make informed decisions. Naresh is committed to delivering clear and engaging content in these fields.
The Pradhan Mantri Mudra Yojana (PMMY) just took a significant step to encourage entrepreneurship in India. The loan limit under this scheme, originally capped at Rs 10 lakh, has now been doubled to Rs 20 lakh. This increase aims to support small business owners, startup founders, and entrepreneurs in expanding their businesses. With the updated limits, a wider range of small and medium-sized enterprises (SMEs) will be eligible for funding, helping them grow in an economy that increasingly values innovation and entrepreneurship. What Is the Mudra Yojana Launched in 2015, the Mudra Yojana is a flagship scheme designed to offer…
Sovereign Gold Bonds (SGBs) have become a favored choice among Indian investors looking to invest in gold. Issued by the Reserve Bank of India (RBI), these bonds come with the added advantage of a fixed interest rate and are considered safer compared to other gold investment products. However, with the current pause on new SGB issues, investors are turning to the secondary market, where older SGBs are trading at a premium of 5-10%. The question is—should you buy Sovereign Gold Bonds at a premium? Here’s what you need to know before making that decision. Why Are Sovereign Gold Bonds Trading…
If your credit score has taken a hit recently, don’t worry—it’s not the end of the road. There are simple steps that can help you get back on track. Many people face credit score issues, often due to unexpected financial troubles. This is quite common, but it’s important to fix it quickly, as a bad credit score can create problems in the future, like difficulty in getting loans or even credit cards. The good news? You can improve your credit score with a few easy actions. Be Smart About Credit Card Usage One of the main reasons credit scores get…