Finance - Magadha Times

How Can Financial Firms Benefit From Global Sanction List Screening?

22Feb

By magadhatimesNo Comments

Finance

How Can Financial Firms Benefit From Global Sanction List Screening?

What are sanctions? What is global sanctions list screening? How come complying to Anti-Money Laundering regulatory compliance benefits the firms too? Why are financial firms mandated to comply with Sanctions and Anti-Money Laundering (AML) compliance? In this blog, we will try to explore and learn to answer these questions. Why Are Sanctions Used As Foreign Policy Instrument Today? In the twenty-first century, combat strategy has shifted to arenas that were once thought unimaginable. Countries today do not declare conventional wars against one another. The economic and cyber arenas are now the new battlegrounds. Given the ever-changing geopolitical landscape, countries are now using sanctions as a strategic foreign policy tool to influence the behavior of target entities.&nbs...

Unlocking Today’s Gold Rate In India: A Comprehensive Overview

24Jan

By magadhatimesNo Comments

Finance

Unlocking Today’s Gold Rate In India: A Comprehensive Overview

Gold holds a revered position in India, extending beyond its monetary value to cultural, religious, and social significance. Renowned as a symbol of wealth and prosperity, gold plays a pivotal role in various aspects of Indian life. Culturally, gold is an integral part of weddings and festivals. From intricate gold jewellery worn by brides to gold coins offered during religious ceremonies, it symbolizes purity, opulence, and blessings. As an investment, gold is a preferred choice for many Indians. It provides a hedge against inflation and economic uncertainties. Today gold rate in India for 10 grams of 24K gold is Rs. 64,370. The affinity for gold extends to the rural population, where it serves as a form of savings. Gold is often bought during agricultural harvests and sold duri...

AML Check: An Ultimate Guide For Identity Assessment

19Dec

By magadhatimesNo Comments

Finance

AML Check: An Ultimate Guide For Identity Assessment

Is your corporation subject to money-laundering? Then, the businesses are required to spend money on anti-money laundering checks for the evaluation and verification of an applicant’s identification. AML checks offer institutions with advanced compliance measures for potentially high-risk clients by providing trust by the aid of assuring the financial transactions are secure and appropriate. When it comes to identification evaluation, these checks are considered to be the golden standards. Businesses can speedily perceive the authenticity of customers. This permits them to assess the dangers. This article will take a look at AML Checks by understanding their advantages, and the way they perform in today’s market. Anti Money Laundering- AML Check AML Check or anti-money l...

How is Punjab Shining in Terms of Gold Rate Trends?

18Dec

By Arnav ChandravanshiNo Comments

Finance

How is Punjab Shining in Terms of Gold Rate Trends?

``Punjab is a state in northern India renowned for its agricultural contributions to the nation's economy. The state also has a vibrant gold market, with traditional jewellery forms such as Kundan, Polki, and Jadau being popular among the people. This article explores the gold rate trends in Punjab, with a specific focus on the gold price today in Ludhiana. Gold Rate in Punjab The gold rate in Punjab is subject to various factors, including global market trends, currency exchange rates, inflation, and demand and supply dynamics. The exact gold rate may vary depending on the city, jeweller, and quality of gold. It is noteworthy here that the gold rate in Punjab may differ compared to other cities in India. To stay updated with the latest gold rates, individuals can use online plat...

Effortless Financial Planning with a Handy Home Loan Calculator

15Dec

By Arnav ChandravanshiNo Comments

Finance

Effortless Financial Planning with a Handy Home Loan Calculator

A home loan calculator is a simple online tool that helps home buyers to plan their housing loan efficiently. Additionally, using an online home loan EMI calculator is simple and free of cost and provides users with instant accurate results. Here are some ways in which an online EMI calculator helps borrowers in planning finances. Use of home loan calculator during financial planning Following are some of the notable uses of a home loan calculator, helping potential borrowers in strategic planning of their finances: Determining the appropriate loan amount: Using this online calculator, home buyers can determine the amount that they should apply for, based on their repayment capability. Planning schedule for comfortable repayment: With an online EMI calculato...

How to Manage Two Wheeler Loan Interest Rates: Expert Tips

15Dec

By Arnav ChandravanshiNo Comments

Finance

How to Manage Two Wheeler Loan Interest Rates: Expert Tips

Owning a two-wheeler has become a necessity for many, particularly for people in urban and suburban areas. However, the process of owning a two-wheeler through a loan can be difficult, especially when it comes to understanding the factors affecting the two-wheeler interest rate. The interest rate on your two wheeler loan can significantly influence the total cost of your purchase. Let’s look at the factors lenders consider when determining the interest rate on a two-wheeler loan. Factors that Determine Two-Wheeler Loan Interest Rate A Good Credit Score is Related to Better Rates Your creditworthiness plays an important role in the interest rate offered on your loan. A high CIBIL score, ideally above 700, indicates responsible credit behaviour and can get you a lower interest ...

How to Calculate FD Maturity Amount with an Online Calculator?

14Dec

By Arnav ChandravanshiNo Comments

Finance

How to Calculate FD Maturity Amount with an Online Calculator?

In today's dynamic financial landscape, Fixed Deposit accounts, often referred to as FDs, have emerged as a favoured choice for individuals seeking a secure and reliable investment option. With a focus on stability and guaranteed returns, FDs offer peace of mind to investors. In addition, these digital tools have revolutionised how investors approach their financial planning by providing a means to accurately calculate the maturity amount of their FDs. Join us as we explore the remarkable benefits of online FD calculators and how they contribute to enhanced financial planning. Understanding How an FD Calculator Works It is an online tool used to estimate the maturity amount of your FD at the end of its tenure. You can gain insights into your prospective return on investment by input...

Top 5 Bike Financing Options with the Lowest Interest Rates

7Dec

By Arnav ChandravanshiNo Comments

Finance

Top 5 Bike Financing Options with the Lowest Interest Rates

Owning a bike is a dream for many people. Furthermore, it saves a lot on transportation costs as well. If you intend to buy a new bike but don't have enough funds to pay for it outright, bike financing is a great option. However, finding the right one with the lowest interest rates can be daunting. In order to ease this process and help you with your search, here is a list of the top 5 options for lower bike finance interest rates. 1. Credit Card Using a Credit Card to finance your bike purchase can be a convenient option, especially if you already have a Credit Card with a low bike finance interest rates. Many Credit Cards offer introductory 0% APR promotions, allowing you to finance your bike purchase without paying any interest for a certain period. However, paying off your Cr...

Diwali: Radiating the Festival of Lights with Joy and Renewal

29Nov

By Arnav ChandravanshiNo Comments

Finance

Diwali: Radiating the Festival of Lights with Joy and Renewal

Diwali, also known as Deepavali, is one of the most vibrant and widely celebrated festivals in India. Known as the Festival of Lights, Diwali holds a special place in the hearts of millions, transcending religious and cultural boundaries. Symbolizing the triumph of light over darkness and good over evil, Diwali is a time for joyous celebrations, religious rituals, and the coming together of families and communities. Historical and Cultural Significance Diwali's roots can be traced back to ancient India, with various mythological and historical narratives associated with its celebration. For Hindus, Diwali marks the return of Lord Rama to Ayodhya after defeating the demon king Ravana. Sikhs commemorate the release of Guru Hargobind Ji from imprisonment, while Jains celebrate the spir...

Get an Emergency Loan in Minutes with Instant Personal Loan Apps

15Nov

By Arnav ChandravanshiNo Comments

Finance

Get an Emergency Loan in Minutes with Instant Personal Loan Apps

An instant personal loan app is an ultimate solution to fund your emergency expenses. You can opt for this attractive loan option for any purpose you want without pledging any collateral. Additionally, with today's technology, you can disburse a paperless Personal Loan on the same day. So, continue reading to learn how to easily tackle your urgent financial needs by signing up with some loan apps. Personal Loan Application Process for The Top Apps There are just a few steps that you must follow to get the loan, such as: Open the app and select the loan you wish to apply for. Then register for the Personal Loan application. Fill in all the required bank and personal details along with the documents. Wait a few seconds for the lender to verify your eligibil...