The new buzzword in the market is E Rupee. It refers to as Central Bank Digital Currency (CBDC) of India. E Rupee is the digital version of rupee which is regulated by Reserve Bank of India (RBI) Let us understand what is it and how it works. What is E Rupee? It is nothing but … Read more
As we discuss capital market, quite often we hear about debt market as well. Though equity market is more prominent, debt market is lesser known among retail investors. It is also known as bond market or fixed income market. In recent time debt market is getting significant attention due to various reasons. What is debt … Read more
Digital currency is the new word we getting to hear in recent time. Earlier we heard about cryptocurrency, now it is digital currency. Let us understand what is digital currency and how it works. What is digital currency? It is nothing but physical currency we currently use in a digital form. It is created with … Read more
We are so used to it, we never question what is money. It has long history and interesting facts around it. It is inevitable in modern day life. We all work for and towards it. Therefore, it is important to know what is money. History of money Before its invention, people used to barter for … Read more
Money laundering means using illegal money for a legal purpose. Money earned through banned activities like drug trafficking, terrorism, gold smuggling etc are illegal money. If money earned by such means is used for setting up business, buying property, travelling etc. will amount to money laundering. It is an offence. It is a criminal act. … Read more
Kaun Banega Crorepati is a question we all carry in our heart. We all wish goods things in life. It requires lot of money to fulfill these wishes. So we dream to become a crorepati (millionaire) oneday. Thereby fulfil all the wishes. Many of us actual make it to it. Many fail. A crorepati means … Read more