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Showing posts from October, 2024

The Ultimate Financial Guide for Indian Students: Earn, Save & Invest

Being a student in India in 2025 is a unique experience. You are balancing the pressure of academic performance with the allure of a digital lifestyle. But amidst lectures, assignments, and campus fests, there is one critical subject that most curriculums miss: Financial Literacy . Many young adults graduate with a degree but zero knowledge about how money works. They realize too late that the basics of personal finance for students are not just about saving coins in a piggy bank—it is about strategic wealth creation. Whether you are living in a hostel on a strict budget or navigating your first paid internship, understanding money management is a survival skill that will set you apart from your peers. From saving pocket money to smart investing: Your complete roadmap to financial independence starts here. This comprehensive, well-researched guide will walk yo...

Measuring Business’ Profitability Without Seeing Net Profit | EBIT and EBITDA

Measuring Business’ Profitability Without Seeing Net Profit Earnings before interest, taxes, depreciation and amortization (EBITDA) and earnings before interest and taxes (EBIT) . EBIT , EBITDA, and operating profit are forms of profit showing the core performance of a company before considering interest, taxes, and writing off depreciation and amortization ( in the case of EBITDA ). [Image of EBIT vs EBITDA calculation formula infographic] Where is it shown? There are 3 financial statements: Profit & Loss Statement Balance Sheet Cash Flow Statement It is shown in the Profit & Loss Statement. Calculation Example REVENUE RS. 20,000,000 COST OF GOODS SOLD RS 4,000,000 GROSS PROFIT RS 16,000,000 MARKETING RS 2,000,000 ...

Securing Your Wealth: Understanding Sovereign Gold Bonds (SGBs) Benefits

Securing Your Wealth: Understanding Sovereign Gold Bonds (SGBs) Benefits Sovereign Gold Bonds (SGBs) is a government-backed security which was launched in November 2015 by the Indian government under the gold monetization scheme . The government issues sovereign gold bonds twice a year at the current price of 24 karat gold to collect money for the capital expenditure required for the development and growth of the nation. All About The Returns Of Sovereign Gold Bonds (SGBs) *The value of the SGBs fluctuates with fluctuation in the world gold price and can be redeemed at that price after the lock-in period. *The government gives 2.5% p.a interest on the principal amount invested in sub twice a year. *As per Livemint , Average returns yielded by SGB over 8 years has been 13.7%p. a comprising the 2.5 interest given by the government. Advantages Of Sovereign Gold Bonds (SGBs) 1) No design and making charges which is usually in the case of investing in physical gold. 2) No Impurities ...