You are here: Home >> English News & Features >> BUSINESS & ECONOMY

Pay off loan only if EMI is a drag on monthly cash flow or if fund is lying idle

DNMUM434999 | 4/16/2019 | Author : Jharna Agarwal | WC :649

While there is an impulse to pay off loans with unexpected bonuses, etc, it may not always be the best option
personal finance

Today, many are able to upgrade their lifestyles at a much faster pace. People become proud owners of their own homes and cars and manage to travel the world frequently. All this has been made possible with the easy availability of loans which enables them to afford these luxuries much sooner, compared to a couple of decades back. But once the joy of building asset or the period of consumption wears off, then one realises the extent of liability. Especially when EMI starts and reduces the monthly cash flow of the household.
At such point of time, when there is a spurt in cash flow by way of some unexpected business profits, bonuses and salary hikes, our first impulse is to pay off the loans and reduce the liability. But that may n
Read full story

Copyright restricted. Under license from   
Add To Lightbox
Calculate Price


Game of brands
DNMUM435485 | 4/26/2019 12:00:00 AM | Author : Sutrishna Ghosh | WC :801

Dany and Jon are finally in Winterfell, Queen Cersei has rolled the dice for the throne, Arya is definitely on to something, and [spoiler alert] Sir Jamie has come face to face with Bran Stark, bringing life to full circle! Just in case you haven’t n
Add To LightboxCalculate Price

Masstige: How to win both Raja and Praja
DNMUM435486 | 4/26/2019 12:00:00 AM | Author : Mahul Brahma | WC :646

The essential point of differentiation of a luxury brand is the exclusivity that it offers. While this exclusivity subtly opens its doors to moolah, unfortunately, it does not necessarily keep counters ringing for all.
Thus, as a survival strateg
Add To LightboxCalculate Price

‘We see a very good EV opportunity’
DNMUM435488 | 4/26/2019 12:00:00 AM | Author : Swati Khandelwal | WC :526

The company is focussing on auto engineering and sees a good opportunity in electric vehicles going forward, says Vinit Teredesai, chief financial officer (CFO), KPIT Technologies. In an interview with Swati Khandelwal, he also said that slowdow
Add To LightboxCalculate Price

Sensex falls 324 pts on F & O expiry day
DNMUM435496 | 4/26/2019 12:00:00 AM | Author : DNA Money Correspondent | WC :354

Mumbai: Domestic market turned volatile on the F&O expiry day on Thursday after Brent crude rose above $75 per barrel for the first time in 2019 in the wake of tightening sanctions on Iran.
The key benchmark indices ended lower after being dragge
Add To LightboxCalculate Price