It is often said that the most important part about financial planning is “one must start early”. By “early”, we mean as early as 18 years of age. That’s correct, despite an 18-year-old typically not working and living on pocket money to meet expenses, this is the age experts suggest that teenagers should start managing money more efficiently.In this episode of Managing Money with Moneycontrol, Sakshi Batra talks to Tarun Birani, Founder of TBNG Capital to find out how an 18-year-old can not only save money, but can grow it for a successful future.Watch the video for more.Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has created a strategy which makes it possible... in just a short few years. You can know his secrets in his FREE video series airing between 12th to 17th December. You can reserve your free seat … [Read more...] about Managing Money with Moneycontrol | Here’s how an 18-year-old should start investing
How do hard money lenders work
Rajasthan Chief Minister Ashok Gehlot here on Saturday took a swipe at corruption in politics, saying the entire game "revolved around black money". The chief minister said it was useless to talk of ending corruption until the flow of black money to political parties was not stopped.Alleging that electoral bonds were a "big scandal", Gehlot also urged the Supreme Court to take suo moto cognizance of the matter."Today, I have got a chance to say that entire game of politics is based on black money…be it bond, cheque or cash. Talking about eliminating corruption is useless until black money funding of political parties is stopped," Gehlot said during the inauguration of the newly constructed Rajasthan High Court premises.Close He made these remarks in the presence of President Ram Nath Kovind, Chief Justice of India S A Bobde, Union Law Minister Ravi Shankar Prasad and several Supreme Court and high court judges. related news Policy | Electoral bonds promote what they … [Read more...] about Useless to talk of ending corruption as black money flows to parties: Gehlot
The Centre may tie up concessional loans from Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA) for state governments as it looks to set the house in order in the clean energy sector, according to a report in Mint.The loans would be sanctioned to states at cost plus a nominal fee to clear dues worth Rs 67,237 crore owed to power generation companies (gencos) till August-end.Moneycontrol could not independently verify the report.Close To receive loans, states need to give an undertaking that future payments to renewable energy (RE) generators would be on time. The amounts sanctioned would have to be strictly used for payments to RE generators on a first in first out basis, the report said. related news RBI issues final norms for 'on-tap' licensing of Small Finance Banks Here is why the govt advisory on oxytocin is drawing flak from IMA States will also be required to either offer a … [Read more...] about Cheaper loans likely for discoms to clear green energy dues: Report
K RaveendranThe Narendra Modi government has allowed itself to be damned for its electoral bond scheme. The much-fancied scheme has ended up doing whatever it was meant to prevent. Details of the murky manner in which the government evolved and implemented the scheme show why it is so.Electoral bonds were supposed to check the use of black money in funding elections and it was argued that without institutionalised funding, corporate and other interested parties would pay political parties with questionable cash, often by round-tripping and siphoning off money from their businesses.Close In practice, however, the scheme has opened the floodgates to unlimited corporate donations and anonymous financing. Instead of making election funding transparent, the bonds have put a veil of secrecy over donations, at the same time enabling the government to know who has paid whom. This makes the scheme a perfect quid pro quo mechanism for vested interests to please the ruling establishment and … [Read more...] about Policy | Electoral bonds promote what they are supposed to prevent
You’re in the home stretch. You have an offer on the table from a potential employer (or even your current employer) and you are at a three-way crossroads between accepting an offer, declining, or submitting a counteroffer. Anxiety builds, doubt may creep in, and palms get sweaty. “Just don’t blow it” comes to mind flashing like a giant neon sign. advertisement advertisement Breathe. Keep calm. Don’t panic. Negotiating a salary or compensation package is a stress you can manage. It’s like an intricate dance learned over time: take one step forward, two steps to the side, spin, then come together. Keep in mind, however, negotiations are no spin on the Dancing With the Stars ballroom floor—no extravagant or wild displays, no improv. Simply stick to the steps. To teach us the negotiation dance, we turned to Deepak Malhotra, the Eli Goldston Professor of Business Administration at Harvard Business School and the author of Negotiating the … [Read more...] about You received a salary counteroffer. Now what?