An emergency fund implies creating a kitty that is easily accessible in case of a health-related emergency such as hospitalisation, dental procedure, etc. or any other contingency such as a job loss. The amount allocated towards emergencies should be sufficient to tide over a cash crunch and deal with contingencies. It’s advisable to allocate about 3-6 months’ salary/ income for emergencies. If you are single, you could allocate a lower amount (three month’s income); if you are married, you must allocate a higher amount (six months’ income if married without children; 12 months’ income if married with children). Invest your contingency funds in liquid investments (which can be easily and quickly encashed when an emergency arises). Suitable investment avenues are savings account, flexi fixed deposits, liquid mutual funds, etc. Investing these amounts would ensure that they earn some returns till they are needed. … [Read more...] about 3 critical steps to take before you start investing
Ill gotten gains auction
In a new report, the World Health Organization estimates that 7 million souls perished prematurely in 2012 as result of the diseases caused by indoor and outdoor air pollution. That’s one-in-eight of all fatalities that year. The vast majority–more than 5 million–were in Southeast Asia (which includes Indonesia) and the Western Pacific (China and the Philippines). Almost all the deaths occurred in lower- and middle- income countries. … [Read more...] about 1 in 8 Deaths Globally Are Linked To Air Pollution
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Buy Container Corporation of India; target of Rs 468: Prabhudas Lilladher
While Microsoft did not reveal which specific Apple policies are preventing xCloud from launching on iOS, Google has faced similar roadblocks to distributing its Stadia game streaming game service to the more than one billion users of Apple's iPhone and iPad. … [Read more...] about xCloud, Stadia… Why is Apple barring major gaming services from its App Store?
At the interbank forex market, the local unit opened at 74.83 against the US dollar, then gained further ground and finally settled at 74.78, up 12 paise over its previous close of 74.90 against the American currency. … [Read more...] about Indian rupee settles 12 paise higher at 74.78 against US dollar