Author: Sp0m
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Satyam Computer Systems’ 2008-09 Scam – Simplified
How did the son of a farmer and his relatives pull this scam off for so many years, ruining everything he had built, especially the name of his company Satyam, which in Sanksrit means ‘Truth’ On January 7th, 2009, the chairman of the fourth largest IT company of India, B. Ramalinga Raju, confessed to the Securities…
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Ripple (XRP): A detailed review of Ripple – functionality, tech, pros and cons
Modern cryptocurrencies are intriguing not only as a means of payment but also for their technology, which allows them to be used in a variety of areas of human existence. Ripple, which ranks third after Bitcoin and Ethereum, is one of the most promising and technically appealing cryptocurrencies. In this article, we will discuss what…
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REITs – All You Need to Know
REITs are increasingly becoming popular options for investors who want to add real estate to their portfolio. Read more about this in the article below: A Real Estate Investment Trust (REITs) is a trust or a corporation that owns and operates real estate income-producing assets. It can own a range of diversified commercial real estate…
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RBI Retail Direct Scheme
This article talks about all the things you need to know about RBI Retail Direct Scheme. Before the introduction of this scheme, if retail investors wanted to invest in government securities one option was through debt mutual funds. Under this option, the choice of securities to be bought or sold was not of the investor…
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Provident Fund
All you need to know about provident fund in India Any salaried employee will have a monthly payment of more than ₹ 15,000 with several deductions listed on their payslip. One of them is for the provident fund. It is a government-managed, mandatory retirement savings scheme in Singapore, India and other developing nations. The funds…
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Proof of Work Vs Proof of Stake
This article talks about the two consensus mechanisms used by cryptocurrencies namely Proof of Work and Proof of Stake and the difference between them. Though many people in India and other parts of the world are getting increasingly interested in cryptocurrencies, they may not have knowledge about the technical aspect of it. It is crucial…
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Pros and cons of investing in startups
Startup investing is not easy. It could be one of the most stressful prospects because of the rates of failure of startups. In a previous article, we have spoken about the historic week for the Indian startup ecosystem that saw the rise of six new unicorns in just four days. We have seen these companies make…
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Prepay Home Loan Vs. Invest Money
This article talks about the trade-off between prepaying your home loan and investing money elsewhere. Buying a house requires a huge capital outlay. Most people find it difficult to purchase a property outrightly, and thus they finance their property purchase through borrowings. Homebuyers save money on rent by shifting into their own houses and there…
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Pradhan Mantri Suraksha Bima Yojana (PMSBY)
This article talks about the features, coverage, registration procedure, and everything else you need to know about the Pradhan Mantri Suraksha Bima Yojana (PMSBY). The government of India keeps coming up with welfare schemes for different sections of society. Accidental Insurance is important for the lower-income groups as their families depend solely on the income…
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PPF vs. EPF vs. VPF
This article talks about various types of provident funds available for retirement planning. It also presents a comparative study between them. Retirement planning is something that people should start from an early age. There are so many investment options to prepare yourself for retirement such as mutual funds, National Pension Scheme (NPS), Post Office Schemes,…