Finance Archives - Tech India Today https://www.techindiatoday.com/category/finance/ Transform Your Business into Digital Technology Thu, 22 Dec 2022 15:12:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.4 https://www.techindiatoday.com/wp-content/uploads/2019/08/TIT-Favicon.png Finance Archives - Tech India Today https://www.techindiatoday.com/category/finance/ 32 32 The UAE: Its Today Economic Situation https://www.techindiatoday.com/uae-economic-situation/ https://www.techindiatoday.com/uae-economic-situation/#respond Sat, 31 Jul 2021 19:28:24 +0000 https://www.techindiatoday.com/?p=4755 It is not news that the countries of the Persian Gulf view the oil sector as one of the main...

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It is not news that the countries of the Persian Gulf view the oil sector as one of the main sources of income for their economies. The shocks of 1973 and 1979 had dire consequences for non-oil developing countries and those already set. However, exporters of this fossil fuel experienced a large surplus on their current account balances.

The oil business has brought wealth, influence, and attention to a large part of the states of the Arabian peninsula. Qatar, the United Arab Emirates (UAE), and Saudi Arabia are highly relevant in their voluminous oil reserves and their effective exploitation.

However, we must zoom in on our lens and ask ourselves: “Have all the countries of the Arabian Peninsula managed this sector and the wealth it provides the same?” The answer is overwhelming: 

Economic Situation of UAE

Oil is a fossil fuel that runs out no matter how abundant it may be in each State. Such shortages have led the Gulf monarchies to seek alternative plans to diversify their economies.

For this reason, today, practically all the States in this region are launching alternative economic programs in search of new sectors that allow them to reduce dependence on the oil sector.

UAE could be taken as a good reference of “know-how” in this regard. This country comprises seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al Khaima, Sarja, and Um el Kaiwain.

An emir governs each, and the emir of Abu Dhabi is also the one who acts as the country’s president. The State has the fifth largest oil reserves on the planet discovered to date, and the hydrocarbon sector accounts for 30% of its GDP.

It is the fourth-largest exporter of crude oil, representing 20% of the surplus in its current account balance. Despite being such an important activity, it does not enjoy the same relevance throughout the national territory since only Dubai and Abu Dhabi concentrate on the large oil reserves.

In some countries, such as China, significant restrictions are placed on foreign investment in certain sectors.

The Chinese government decides which foreign companies can invest and which cannot, being quite jealous of those economic activities that sustain the country’s progress.

Applying the Unholy Trinity of Robert Mundell, UAE allows freedom of capital movements, simply with certain controls on direct investment, specifically on real state transactions and for credit and investment institutions.

The capital movements are applied to many sectors with strengthening in the management sector, such as HRMS software in UAE.

This characteristic and a conventional Peg exchange rate regime place it far from an independent monetary policy. Taking Rodri’s Unholy Trinity as an optics, the UAE is in a golden straitjacket as it moves within globalization and the Nation-State framework.

Due to the above, this country is in a favorable situation to make its economic transition to other sectors: the freedom of capital movements facilitates foreign investment in the country, and international actors capable of forging this change towards new ones participate in its future.

For example, when the Vice President of the State, H.H. Sheikh Mohammed bin Rashid Al Maktoum presented the UAE Vision 2021 plan to diversify the sectors that gave surpluses in their balance of payments, this served as an incentive for several hotel chains to open new establishments in the country. This openness has made Dubai one of the summits of tourism in Asia.

The plan was indeed presented in that year, but the Public Administration had previously been preparing this gigantic sector shift. Compared to Saudi Arabia, the UAE’s diversification has not come late.

For the first, in 2019, oil accounted for 80% of the country’s exports, almost 70% of the State’s income, and more than 40% of GDP. Even though the Saudi economy owes its surplus to the oil sector more than the UAE to its own, Saudi Arabia took longer to present its diversification plan.

And referring to the present, their attempts at diversification seem not to be going well due to a lack of investors, who consider that Saudi institutions are obeying the will of their monarch and not the legal certainty they find in other neighboring countries such as the UAE. In monetary terms, the Emirati dirham is pegged to the US dollar, bringing confidence to its stakeholders.

Practically all the oil-exporting countries of the Persian Gulf have opted for this type of exchange, as has also been the case of Oman and Qatar. All this, however, does not imply the dollarization of its economy.

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Saving vs. Investing – More Similarities Than You Think! https://www.techindiatoday.com/saving-vs-investing/ https://www.techindiatoday.com/saving-vs-investing/#respond Mon, 14 Jun 2021 21:01:56 +0000 https://www.techindiatoday.com/?p=4727 Personal finance management is one of the most critical aspects of your life, and you should always be aware of...

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Personal finance management is one of the most critical aspects of your life, and you should always be aware of the amount of savings you currently have. What is the reason for this? Because it’s easy to overspend or even underspend, or because you’re saving so much that you don’t have time to enjoy the money you’ve saved.

For you to avoid swinging from one extreme to the other, it’s best to devise a financial strategy that fits your lifestyle and income. Because it’s a complex subject, many people avoid discussing it or swiftly sparks family feuds. It’s a private matter.

You must confront what society refers to as “success.” Today, we’ll cover all you need to know about investing as part of your money-saving strategy (investment in your future, objectives, and so on), as well as saving as a logical step that follows investing.

In the end, these two are different but complementary things. It is the key to how you can make your financial situation better.

1. Money personality

Money personality Saving vs Investing

Your connection with money and how you deal with it can fall into one of five categories. You could be a large spender, a saver, a shopper, or a debtor. How to Worry Less About Money, by John Armstrong, is a fast read that might help you understand your upbringing about money and the personality you created.

The book explains your financial relationships and how you compensate for what you witnessed from your parents as a youngster or for something you never had, but everyone else did.

It doesn’t have to be material; it might take the form of overpaying to compensate for your dissatisfaction with your current life or claiming that you’ll be happy once you’re wealthy.

We’re not suggesting that money can’t make you happy; however, are millions necessary for you, or is your marriage crumbling because you won’t communicate to your partner enough? You’ll be able to create your strategy and make money work for you once you get genuine with yourself.

2. Investing is the same as saving.

Stock investing has grown in popularity throughout the years, particularly during the epidemic. Consider the stock investment in the same way that you would an apartment that you would rent later.

You’ll get rent money every month, but you won’t have to buy a new apartment every month, which is why it’s termed passive income. Fortunately, investing has never been easier than it is now, thanks to technological advancements. We recommend that you do some study in your chosen field.

Perhaps you’d like to invest in Tesla, or maybe you’re more interested in oil. Despite a drop in consumption, oil remains a vital market asset, and you can rarely go wrong with such a bet. This is why experts stress that after you open a trading account and begin studying and receiving assistance from your Forex broker.

You’ll learn how much patience, analytics, and understanding of the global economy are required to build up and make stock investing your secondary source of income.

This is always beneficial and necessary. It is critical to begin carefully, not to overextend yourself, but to recognize that you must learn and that you cannot go wrong with even a tiny investment. Please continue to educate yourself, find creative solutions, and good luck!

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How Does a Final Expense Policy Cover the Funeral Costs https://www.techindiatoday.com/final-expense-policy-cover-funeral-costs/ https://www.techindiatoday.com/final-expense-policy-cover-funeral-costs/#respond Sun, 14 Feb 2021 20:21:15 +0000 https://www.techindiatoday.com/?p=4541 The cost of a funeral isn’t cheap. Although the price may differ from state to state, the average number is...

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The cost of a funeral isn’t cheap. Although the price may differ from state to state, the average number is between $7,000 and $9,000, with the median being $7,360. If you’re planning for your funeral ahead of time, then it’s a smart choice to make.

If you’re not familiar with how the final expense policy works, read on. You’ll learn how the policies offered by final expense insurance companies work to cover your funeral costs.

1. What Does A Final Expense Policy Cover?

What Does A Final Expense Policy Cover

Final expense insurance works as a whole life insurance policy with a small death benefit. This essentially means that the policy remains active as long as you’re alive. The benefits come into play only after your death. In most cases, it’s one of your family members, who receive the lump sum amount. They can use these funds to cover your funeral expenses.

The funeral expenses can be anything from transportation cost to casket to flowers. It depends on how you wish to organize your final rites. The total cost will also determine the monthly premiums.

The way the policy works is simple. Once you sign up for the term plan, you start paying monthly premiums till the maturity date. After you’ve spent all the premiums, you’re now covered for life. No matter when you die, your heirs/beneficiaries will get the financial benefit without obligation.

While life insurance packages offer the same benefit, the main differentiating point is there’s little to no eligibility criteria for final expense policies. Even if you’re suffering from a chronic disease, most insurers will accept you as a policyholder, albeit at a higher rate. But even after this, the policy remains more affordable than life insurance.

2. What is Included in the Funeral Cost?

The insurance company doesn’t plan your funeral cost. It’s you, the policyholder, who determines the price and the company covers the cost.

Planning for your funeral can be complicated. If not planned properly, the cost can quickly go above $10,000.

Depending on your preference, you can expect to pay the following cost:

  • Caskets – $2,500
  • Funeral home service fees – $2,000
  • Vault – $1,400
  • Embalming – $725
  • Funeral staff cost for the ceremony – $500
  • Staff cost for viewing – $450
  • Hearse – $350
  • Transportation cost – $200
  • Printing charges – $150

The above costs are average costs and vary from location to location. You can use the resources offered by FTC to calculate your total funeral cost better.

3. Pre-Need Funeral Expense

When planning for your funeral, you’ll find two options. One is the final expense insurance policy, which is already discussed above, and the other is a pre-need funeral expense policy. This section explains this policy in brief.

Unlike final expense policies, pre-need funeral packages are designed to fund your funeral, even before the need arises. It covers the regular cost like funeral home service fees, merchandise cost, burial service cost, among others. Depending on the particular policy, it may also protect against cost inflation.

But the main difference is the funds go directly to the burial services rather than the beneficiary. If you die, the funds will be transferred directly to an assignee, typically to the funeral home.

They utilize the money to carry out everything from transportation to performing rites to casketing. Your family members won’t have to spend a dime on your funeral.

So when you’re buying a pre-need funeral policy, you’re essentially working directly with the funeral service provider.

When buying a final expense policy, you should read through the agreements and terms and conditions. Most final expense insurance companies are transparent, but some don’t disclose the complication. Thus, they can be misleading, which will create more trouble for your family members once you die. Therefore, only work with trusted agents and companies.

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How Amateur Radio Keeps Individuals Connected during the Coronavirus-Induced Lockdowns? https://www.techindiatoday.com/amateur-radio/ https://www.techindiatoday.com/amateur-radio/#respond Mon, 04 Jan 2021 22:33:51 +0000 https://www.techindiatoday.com/?p=4364 For those expecting 2021 to be a lockdown-free year, coronavirus might still have quite a few riddles up its sleeve....

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For those expecting 2021 to be a lockdown-free year, coronavirus might still have quite a few riddles up its sleeve. Then again, the damages to life and finances are expected to be significantly less if the new virus finds you locked indoors.

But lockdowns, if and when announced, can be glaringly frustrating as it strips individuals of their free will to move around. This is where Amateur Radio can show up as a go-to resource for staying connected with your friends, peers, and other members of an otherwise close-knit community.

1. Lockdowns and the Resurgence of Amateur Radio

Amateur Radio Keeps Individuals Connected during Lockdown

As inferred by the RSGB, the first set of lockdowns imposed in 2020 saw several individuals taking up Amateur Radio as a revisited hobby. While some were seen clearing the dust off the older radio equipment, quite a few hobbyists were seen placing orders from digital suppliers such as the Walcott Radio Online Shop.

For example, the massive breakdown of communication systems in the United Kingdom started during the first day of the viral outbreak. Panic took over as people rushed to escape the confines of their homes and offices.

While the government tried to control the situation, it was the amateur radio operators who, instead, found themselves doing most of the communicating with other stations in and around London. They were more reliable in relaying messages due to their individualistic and non-corporate nature.

With this resurgence in Amateur Radio, hobbyists are now acquiring equipment that was once considered redundant. Modern digital signal-processing radios have made it easier for these hobbyists to connect with other operators at a distance without the need for cables and multiple antennae.

The Walcott Radio Online Shop reportedly observed a surge in orders for accessories such as RTL-SDR receivers, which can be attached on top of a Raspberry Pi computer board and be used to receive radio transmissions.

Regardless of the avenues, the inclination toward Amateur Radio started setting precedents for a well-connected community.

2. How does Amateur Radio connect Individuals?

The concept thrives on wireless communication standards that allow individuals to communicate with others in the same spectrum. Most importantly, hobbyists can tap into the designated frequencies to get acquainted with others, as a part of a massive social network.

However, the lockdowns didn’t just help people whet their Amateur radio skills, but RSGB saw a 300 percent surge in the number of licensing inquiries. Besides, there was a massive demand for procuring call signs— a series of numbers and letters that radio operators use to converse with select individuals.

It wouldn’t be wrong to state that Amateur radio is ideal when social distancing is peak. While some might still prefer phone and video calls, lack of network bandwidth comes forth as a significant issue in specific remote locations. This is where Amateur Radio comes along as a virtual lifesaver.

To sum it up, Amateur Radio puts science into play by allowing it to coexist alongside the digital world.

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5 Things We Can Learn From the Buffet’s Investment Strategy With Coca-cola https://www.techindiatoday.com/buffets-investment-strategy-with-coca-cola/ https://www.techindiatoday.com/buffets-investment-strategy-with-coca-cola/#respond Sat, 28 Nov 2020 15:52:19 +0000 https://www.techindiatoday.com/?p=4191 Warren Buffett is widely known as one of the greatest investors that ever lived. According to The Motley Fool, he...

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Warren Buffett is widely known as one of the greatest investors that ever lived. According to The Motley Fool, he is currently valued at around $78.9 billion.

He invested 1 billion into Coca-Cola in 1988 after the massive financial crash of 1987 at approximately $2.45 per share. This was at a time of widespread panic and record low market-confidence.

According to Business Insider, Buffett’s investment in Coca-Cola is now worth $22 billion.
Many traders and investors look to emulate these strategies to replicate their success. You can take your trading to the next level by using a free stock API.

Warren Buffett’s strategy follows simple yet effective tactics, applied consistently. Here are the top 5 things we can learn from his investment strategy with Coca-Cola.

1. Buy When There Is “Blood In The Streets.”

Warren is an individual who understands the importance of investing in good companies at great prices. At a time when most traders would have been in a state of panic, Warren Buffett was able to hold his cool and execute his plans.

We attempt to be afraid when others are greedy & to be greedy only when others are fearful.
– Warren Buffett

Warren is an individual who understands the importance of investing

This is the difference between an average investor and an expert one. His strategy of buying when there is ”blood in the streets” has proved extremely profitable for him. He has been able to profit.

Warren Buffett believed that the stock could turn around due to the market bottom. His foresight and courage to invest at a time of crisis are respected by traders all around the world.

Buffett strongly believes in ‘going against the herd,’ meaning doing the opposite of what everyone else is doing. His contrarian approach to investing is widely appreciated because of the stellar results he has been able to achieve.

2. Look For A Good Risk-To-Reward Ratio

The bottom is considered to be when sellers are exhausted, and there is more potential profit to the upside considering an excellent risk-to-reward ratio., The fact that Warren Buffett believed in the stock at a time when it was at its lowest is commendable.

According to The Compound Investor, Warren Buffett’s investment in Coca-Cola has brought the company more than 7 billion in dividends alone since 1995. At this time, Coca-Cola remains Berkshire Hathaway’s 3rd biggest holding. It’s no surprise, considering its incredible profit return and track record.

Buffett bought Coca-Cola at a time when there were little risk and more potential reward to the upside. This was one of the keys to his great success as an investor.

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3. Identify The Right Stocks

Those who identify high-value stocks, purchase them at the right time, and hold for the long term can expect to see significant returns on their investments. When investing for the long-term, a great strategy is to buy a stock that performs well confidently, pays a dividend, and is currently undervalued.

Stocks that have a fair market share and substantial revenue figures are safer investments while start-ups are riskier because of the lower success rates.

It’s essential to identify which stock market strategy suits you best because every trader has a different style of trading. Some prefer to go all-in on riskier companies that have higher profit potential.

Warren Buffett prefers to invest in safer market choices that offer slower yet sustained growth and expansion. Preferably, a company that is already well known and established in the market, with proven sales and performance records with scope for more growth would be an excellent choice.

When deciding to invest, it’s a great idea to find Alpaca API. A trading API is a great tool that will allow you to connect with your broker to automate your trading and potentially enjoy great returns.

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4. Invest When Value Exceeds Price

According to Warren Buffett, the best time to buy a stock is when it is undervalued and offered for a low price.

Price is what you pay. Value is what you get.
– Warren Buffett

Markets go through cycles of booms & busts, resulting in market fluctuations between buyers and sellers. Buyers continue to buy until the stock is overvalued, which begins a process of selling until the value oscillates around fair market value.

During this time, traders go through a range of emotions between euphoria and despair. Only the most strong and mentally stable traders can manage the stress and anxiety that comes with investing in the stock market or trading online.

The most risk-averse time to enter a position is when it looks to be oversold beyond usual market volatility. This is the safest point to invest in because it’s most likely to result in profit realization.

5. Invest For The Long-Term

One of the most important lessons we can learn from Warren Buffett’s investment strategy is to buy undervalued stocks when prices are low and hold for the long term.

Someone’s sitting in the shade today because someone planted a tree a long time ago.
– Warren Buffett

Patience is a vital part of investing and reaping extraordinary returns. Over the long term, steady gains can lead to a formidable portfolio. It’s important to identify companies that will continue on an upward trajectory over a long time and buy them when the price is low.

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Investing in stock marketing is not a get-rich-quick scheme. Buffett has proved that patience and perseverance are two of the most critical personality traits required to be successful in the stock market.

Conclusion

Innovative and industry-disrupting stocks may carry more profit potential but also come with added risk. Safer bets may offer slower returns but take the lower risk.

When looking for the right stock to buy, weigh in your options by considering a company’s current performance, growth potential, and market position. Warren Buffett has taught us many great lessons through his incredible investment returns on Coca-Cola.

His ability to hold a healthy, contrarian approach and go against the herd is what has set him apart from the regular crowd. As illustrated above, there are many lessons we can learn from this great oracle of investing that are still applicable today.

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Pros & Cons You Must Know Before Investing in Tech Stocks https://www.techindiatoday.com/investing-in-tech-stocks/ https://www.techindiatoday.com/investing-in-tech-stocks/#respond Tue, 15 Sep 2020 19:24:43 +0000 https://www.techindiatoday.com/?p=3781 Investment in the stock market has gained enormous popularity since the ’90s. The stock market has provided investors with a...

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Investment in the stock market has gained enormous popularity since the ’90s. The stock market has provided investors with a great return over the years. That said, investing in the stock market involves risks because of its highly volatile nature.

However, the rewards are worth it. And one of the most lucrative types of stock to invest in is tech stocks. So, what should you consider if you want to buy RKT shares or any other similar types of stocks? Let us discuss some of the pros and cons of investing in tech stocks.

1. What are Tech Stocks?

Whenever we hear tech, we assume it is money centered, right? But, tech stocks are mainly technology-based. Tech stock IPOs are the top-grossing stocks in the market these days.

IPO means Initial Public Offering stock, which is up for sale to institutional investors. This is the process of a private company going public by selling its stocks to the mass people.

What are Tech Stocks

In early 2000, these tech stocks created a boom in the stock market as they promised to offer a rapid return in a short time.

Plenty of investment researches like the Empire Financial Research and other newsletters have also pitched in to help investors make the right choices.

One of the recent studies is Brownstone research by Jeff Brown. However, his investigations are skeptical, and if you want to know more about it, you can check out StocksReviewed’s Brownstone Research article.

Getting back to the topic on hand, below, we will talk about some pros and cons of investing in Tech Stocks.

2. Pros Of Investing In Tech Stocks

Tech stocks are a great way to generate profit if your target is a short-term investment. The below-mentioned advantages can help you invest in tech stocks-

a) Idea Generates Money

Technology solely depends on concepts. Thus, the opportunity for technologies to dominate the world is always imperative.

Think of Amazon. Amazon started only as a platform for online bookselling.

Where are they now? Today, they reign in all possible sectors.

Just like Amazon, tech stocks have a substantial possibility of returning a handsome profit. Unlike other stores available on the market, tech IPO will always have a demand.

The world is becoming digitized fast, so technologies will always be a good investment. You can hold up money for the long haul because of the tech markets’ slightly volatile nature. That’s why investing in tech stocks is a safe play.

b) Rapid Growth With Substantial Profit

Tech IPOs have rapid growth. Unlike other stocks, it generates handsome revenue within a short period. Because the lifestyle of people worldwide has become more digitized, technology is always going to play a vital role in it.

So, if you want to invest in a stock that will give you a handsome return in no time, tech stocks are the go-to option for you.

Let’s talk about the ZOOM app to shed some light on my point. During this pandemic, the ZOOM stock saw a massive upward trajectory compared to last year.

As many people are using this app these days, their values have gone up very high. It’s the actual picture of the tech stocks. If you are smart enough to test which stocks to invest in, you will make a profit.

c) Existence Stability

Because of higher demand, advancement in technologies is proceeding at a quick pace.

Look around you. What do you see? Of rising in the morning to going to bed at night, you are always on your phone. You are using tech every day. As for some people, the demand is only growing.
As tech products will always be in the center. So, why not have a piece of the pie, while you have the opportunity?

If you can carefully analyze which tech IPO to invest in, generating revenue will only be a child’s play.

3. Cons Of Investing In Tech Stocks

The stock market is unpredictable in a lot of ways. Tech stocks being volatile also increases a chance for a loss. The following cons can help you make the right decision:

a) Difficult To Understand

Tech IPOs can be difficult to understand sometimes. One quick tip for you is if you do not know enough about a product, avoid investing in it.

Before falling for the fancy advertisements of various tech products, ask yourself some questions. How popular is this tech? Would you use it? How is their position in the business? Who are their competitors? Is their management trustworthy?

If yourself package gets satisfactory answers to all these questions, then invest. It is of the utmost necessity to research the stocks before making any investment. But getting answers to all these questions is the hard part.

b) The Company’s Performance In The Market

Before investing in tech stocks, inquire how they are making money? If it’s a startup tech IPO, they may not make revenues immediately.

New tech companies are giving away IPOs every other day, and it is hard to analyze all of them. It is also hard to predict their future.

Think of Facebook. At first, they had to face sharp declines too. So, it would be best if you were skeptical.

However, if you do a beginner in the stock market, invest in the established tech stocks as the chances of loss are less.

c) Increased Number Of Scammers

Many new tech companies are emerging every day that turn out to be fake or do not show considerable potential.

Because of the increased popularity of tech stocks, there is also a rise in fake investment gurus. They claim to have inside information about a particular store and excite it up.

Once an increasing number of people start investing in it, the price goes up, that is when the scammers sell their buy RKT shares, and suddenly the price plummets dramatically. This is also known as the Pump & Dump method.

4. Tech’s Future In The Coming Days

Tech stocks will always have an unarguable demand. As long as the world keeps becoming digitalized, technology will keep dominating. That said, it comes to the point of deciding wisely. Tech stocks offer both profits & losses at the same time.

It would be best if you were up to date with the technologies of the modern world. It would be best if you gleaned the info of outdated techs too like Facebook has become a revolutionary boon, whereas We Chat lost its value.

5. Final Thoughts

You have to take a few risks if you want to invest in tech stocks. But by being skeptical, you can reduce your chances of losses. There are advantages and disadvantages to practically every type of store. But tech stocks hold immense growth potential.

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Nifty share prices today https://www.techindiatoday.com/nifty-share-prices/ https://www.techindiatoday.com/nifty-share-prices/#respond Mon, 03 Aug 2020 18:39:35 +0000 https://www.techindiatoday.com/?p=3500 Nifty 50 is India’s most trusted market index, the National Stock Exchange’s official benchmark index. Prices and the economy of...

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Nifty 50 is India’s most trusted market index, the National Stock Exchange’s official benchmark index. Prices and the economy of 13 different sectors are influenced by Nifty 50, including I.T., Energy, Automobiles, Pharmaceuticals, Metals, Finance, Banks, Oil, Media, Entertainment, and many more.

Nifty 50 gets its name from National and Fifty, representing the NSE and the Top 50 actively traded stocks and how their value is doing. It is an indicator of how an entire country’s economy is, based on the prices of these shares.

1. List of Nifty 50 Stocks with their weightage

Many well-known companies that most of us know and some others form Nifty 50. It is dependent on these companies, and Nifty share prices fluctuate along with changes in these stocks.

a) List of Nifty 50 stocks and their weightage

Sr.No. Company Name Sector Weightage
1 HDFC Bank Ltd. Banks 10.75%
2 Reliance Petroleum Products 8.82%
3 HDFC Finance 8.07%
4 Infosys Limited Software 6.66%
5 ICICI Bank Ltd. Banks 6.06%
6 ITC Ltd. Consumer Non-Durables 5.13%
7 TCS Software 5.12%
8 Kotak Mahindra Bank Limited Banks 4.49%
9 L&T Construction Project 3.79%
10 Axis Bank Ltd. Banks 3.04%
11 SBI Banks 2.82%
12 HUL Consumer Non Durables 2.73%
13 Bajaj Finance Ltd. Finance 1.71%
14 Indusind Bank Ltd Banks 1.69%
15 Maruti Suzuki India Limited Auto 1.61%
16 Asian Paints Limited Consumer Non-Durables 1.52%
17 Bharti Airtel Ltd. Telecom – Services 1.42%
18 HCL Technologies Ltd. Software 1.24%
19 NTPC Limited Power 1.22%
20 Mahindra & Mahindra Ltd. Auto 1.13%
21 Power Grid Corporation Power 1.10%
22 Sun Pharmaceutical Pharmaceuticals 1.04%
23 UltraTech Cement Limited Cement 1.00%
24 ONGC Oil 0.97%
25 Titan Company Ltd. Consumer Durables 0.97%
26 Bajaj Finserv Ltd Finance 0.95%
27 Wipro Ltd. Software 0.92%
28 Tech Mahindra Ltd. Software 0.89%
29 Coal India Ltd. Minerals/Mining 0.81%
30 Indian Oil Corporation Ltd. Petroleum Products 0.75%
31 Bajaj Auto Limited Auto 0.72%
32 Tata Steel Ltd. Ferrous Metals 0.72%
33 UPL Ltd. Pesticides 0.72%
34 Dr Reddys Laboratories Ltd. Pharmaceuticals 0.69%
35 Grasim Industries Ltd Cement 0.69%
36 Britannia Industries Ltd. Consumer Non Durables 0.68%
37 Hero MotoCorp Ltd. Auto 0.68%
38 Adani Ports Transportation 0.66%
39 Vedanta Ltd. Non – Ferrous Metals 0.62%
40 BPCL Petroleum Products 0.61%
41 Hindalco Non – Ferrous Metals 0.61%
42 Cipla Pharmaceuticals 0.58%
43 Tata Motors Auto 0.54%
44 GAIL (India) Gas 0.53%
45 JSW Steel Ferrous Metals 0.53%
46 Eicher Motors Auto 0.50%
47 Zee Entertainment Media & Entertainment 0.48%
48 Bharti Infratel Telecom – Equipment & Accessories 0.46%
49 Indiabulls Housing Finance 0.39%
50 Yes Bank Ltd. Banks 0.37%

2. Advantages of trading Nifty share prices

Investors and traders are more comfortable trading in Nifty than in stocks due to some of the clear benefits:

Diversified risk – The index comprises 50 stocks in different sectors, which means buying shares in Nifty will put a smaller chance, seeing how your investments are diversified. One particular stock will not affect Nifty in its entirety.

Manipulation – There is no scope to manipulate stocks in this index, seeing how it moves according to the collective movement of the 50 stocks.

Liquidity – It is probably India’s most liquid market amidst all secondary markets. Traders especially appreciate the cash and can easily attain any quantity with minimum slippages.

Minimum Margin – While individual stocks require over 20-25% margins, Nifty only needs 3-5%, making the difference quite stark.

Not Highly Volatile – Nifty 50 index can assure some controlled or predictable shifts in prices, whereas it is impossible with regular stocks. Stocks see 20-25% movement in one day, whereas the highest fall in a day for Nifty 50 was 3.69%.

Does not need Fundamental Analysis – For studying and trading stocks, most people study both fundamental and technical analytics to understand their investment and the merit in that investment. Nifty50 index, however, does not expect these from you, as one can quickly analyze it.

Nifty 50 is India’s best stock index and was ranked 4th in the world in 2015. Stock trades become quite comfortable with Nifty, and understanding Nifty Share prices can give you enough edge to start trading. Find a professional to guide you through the first few trading steps to ensure you don’t make terrible investments.

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PayPal Invoice – How to Send an Invoice on PayPal?. PayPal Invoice Fee Calculator https://www.techindiatoday.com/paypal-invoice/ https://www.techindiatoday.com/paypal-invoice/#respond Fri, 15 May 2020 19:16:48 +0000 https://www.techindiatoday.com/?p=3153 PayPal is a secure payment gateway with a free PayPal account. By using PayPal, we can create and send an...

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PayPal is a secure payment gateway with a free PayPal account. By using PayPal, we can create and send an online invoice for free. PayPal is secure for customers to pay you.

PayPal supports online money transfers services. It is an electronic money transfer system. It is a security software for handheld devices & systems. PayPal mobile app is available on the Android play store and iOS app store.

It is a payment gateway system which is used to settle financial transactions through electronic money transfers system. PayPal is used in 200+ countries around the world. Set up a secure payment gateway with a free PayPal account.

Log in to PayPal account

PayPal invoice helps your business look more professional. It is an easy and secure way to pay to your customers. PayPal account It can easily track and follow up on outstanding payments and its services.

In this article, we will show you how to send a PayPal invoicing to your customers via PayPal.

1. How to Send a PayPal Invoice

Before sending a PayPal invoice, you should need a PayPal account and your customer’s email address (PayPal email address). Follow the below steps to create a PayPal invoice.

1. Log in to PayPal account

2. In PayPal dashboard menu >> Choose the “tools” and select the “Invoicing” option in the “tools” dropdown.

PayPal dashboard menu

3. Here we can create invoices and manage PayPal invoices (Draft, Scheduled, Unpaid, Paid), please check the screenshot below.

Manage Paypal invoicing

4. Add your “business logo” here and “edit” and enter your business information

business logo and edit business info

5. Here we can “create invoice” and fill the customer’s details Likewise,

create invoicing and fill the customer details

  • Bill to: customer email address or name (customers details)
  • Service item name and details in the description section
  • Mention the quantity and Price
  • Discount and Shipping details
  • Note to the recipient and terms & conditions

6. After fill, the customer details check the three options Likewise,

  • Preview
  • Send
  • Save as draft

Press the “Preview” button; we can see the invoice preview.
Press the “Send” button; we can send the invoice.
Press the “Save as Draft” button; we can save the invoice as a draft.

7. Please check all the filled invoice details press the “send” button the PayPal invoice will be sent. PayPal will notify your customer info through email.

2. PayPal invoice template example

PayPal is a good choice for Digital and online marketing merchants and vendors. Here we can generate a free professional PayPal invoice template. Without PayPal business account, we can download the invoice in pdf and print formats.

The invoice template is used as free to create and send invoices. You can only pay when you get paid online. Customers view PayPal details and securely pays with a credit card, debit card, PayPal, or PayPal Credit.

Please check it out the invoice template example in the below screenshot.

PayPal invoicing template

3. PayPal Invoicing Fee

PayPal charges 2.9% + $0.30 fee per domestic transactions. If you want to know more about PayPal’s fee details Low, flat-rate merchant fees, Online Invoicing Fees, Micropayment Fees, Standard Transaction Fees, etc.

4. PayPal Invoice Fee Calculator and PayPal Currency Converter

Bonsai is a PayPal Invoice Fee Calculator online web application. Here we can calculate the PayPal fees. The amounts are calculated based on the USA PayPal fees of 2.9% + $0.30 per invoice.

PayPal Currency Converter

5. Features of PayPal invoicing

As per PayPal, 78% of invoices are paid within one day of sending the PayPal invoice. PayPal Business mobile app is used to create and send invoices, track unpaid balances, send reminders, to your mobile phone.

  • Save invoice templates
  • Reminders for unpaid invoices
  • Get PayPal invoice notifications
  • Create scheduled Invoices
  • Create custom billing apps with the PayPal Invoicing APIs

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Use Your Smartphone to Get the Latest Financial News Updates https://www.techindiatoday.com/use-your-smartphone-to-get-financial-updates/ https://www.techindiatoday.com/use-your-smartphone-to-get-financial-updates/#respond Thu, 12 Mar 2020 20:51:19 +0000 https://www.techindiatoday.com/?p=3022 The financial industry is constantly fluctuating, which can make it challenging to get the latest news reports. When you depend...

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The financial industry is constantly fluctuating, which can make it challenging to get the latest news reports. When you depend on the most current stock market updates and money news, you must have a reliable source to depend on.

To do this, you can use some of the most trusted apps in the industry on your smartphone device. These apps can provide you with market updates and the most current headlines so that you will always be informed of the latest changes.

1. Download Stock Market Apps for Breaking Market News and Updates

The property exchange can be one of the most random parts of the corporate world. The fact that it is ever-changing and could come crashing down with little warning makes it the hottest topic when it comes to financial news. And surprising to most, Wall Street is only a small part of it.

If you want to find out everything you can about the latest financial news, you will need to have access to all the current stock values in real-time.

There are apps available for both Android and Apple devices that offer many great insider tips from stock exchange experts.

These apps can provide you with several advantages, such as helping you keep up with the current trends, show patterns of changes to the stock market landscape, and provide you with helpful investing tips.

These tools can be especially useful for beginners and help prevent them from losing everything they have on the stock market in a short amount of time. Stay informed and plan for your financial future by downloading a few useful apps that can help you along the way.

Great Apps for Financial News

Use Your Smartphone to Get the Latest Financial News Updates

2. Get the Full Story About the Global Stock Market with World News Resources

The business world is not located on one single continent, but instead, it spans across many countries throughout the globe. Many factors contribute to the state of the world’s finances, and they are not always associated with major corporations.

Changes in government and political behavior are just a couple of things that can have an impact on the financial world and business news.

To get the big picture of what’s going with the world’s economic outlook, it’s essential to depend on a resource that focuses on many aspects of the business world instead of just a few.

Several apps provide insight into this complex world. These programs can prove to be very useful to upcoming entrepreneurs and future investors.

3. Discuss Financial Topics with the Experts by Checking Out Online Forums

One of the best things you can do when getting started with investing in the stock market, is communicate with experts. The more advice you can get from reliable people who have years of experience with the stock market, the better off you will be.

You can read how-to books and check out countless blogs on the subject, but getting information directly from people who have already experienced the highs and lows of Wall Street will provide you with the most insight into the financial world.

Some apps can help you connect with financial advisers and others who are knowledgeable of the industry. Use these apps to build up your network and work toward growing your investments for the future.

Financial tools that keep you up to date on current changes with the stock market can be extremely beneficial. By downloading smartphone apps for your iPhone or Android device, you can stay informed on everything that’s going on currently in the financial world as it happens.

These tools are not only useful for the financial experts in the industry, but they can also be very resourceful for those who are just getting started with trading and investing.

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