Simple interest is the interest amount calculated on the principal amount of the liability or loan or the original contribution to a savings account. It is unlike compound interest which requires interest on interest. It shows that the account holder should pay interest on the principal amount that he has taken. Who gives loans on
Bank of England Slams Bitcoin, Praises Stablecoins, and CBDCs Like many other central banks around the world, the Bank of England are still thinking about developing its own digital currency. The Bank of England’s governor today slammed Bitcoin as a substandard method of payment but reiterated the bank’s interest in central bank digital currencies (CBDC) and stablecoins. Despite the interest
Even before the latest Saudi-instigated oil war crashed oil prices, Oman had a budget breakeven price per barrel of Brent of over US$85, with a senior legal source in Abu Dhabi focusing on the oil industry spoken to by OilPrice.com at that time stating that the Sultanate needed at least US$7 billion very quickly to avoid extremely
Are you overwhelmed by the thousands of cryptocurrencies in the world? Are you wondering which can back you hundreds of times that you paid? Nothing to worry about. We have got your back. Here we came up with the list of top 10 cryptocurrencies to invest in the year 2022 based on the total value
What is financial planning? Financial planning refers to the step-by-step procedure to meet the life goals of one individual. It is required by every person in each step of their life to guide them in the journey of their life, control their income, expenses, and investment, manage their money, and achieve the desired goals. In
Cryptocurrency has become the buzzword today and everyone is acquainted with the term very well. But are you one of those who don’t have enough idea about cryptocurrency and want to learn more about it? Then, you are at the right place. Here in this article, we will discuss all the necessary information about cryptocurrency from the
The evolution of technology has changed a lot over the years. In a world where everyone is connected digitally, we witnessed a drastic change in digital currencies and modes of payment. Right from google pay to phone pay, Paytm, and various other forms of digital payments have made our lives easier. Cryptocurrency has become a global
From December 1, the price of every matchbox will be increased’s 2 from the present Re 1. This is in view of a rise in the production budget, triggered by an increase in the price of raw materials. Matchbox buyers will get more matchsticks into a matchbox when they buy it at an updated price
India is one of the fastest-growing developed countries. If we ask ourselves about the reason, we get an answer. Only government isn’t responsible for making this country develop. But, as a citizen of India, we’ve also many responsibilities that we ignore.The main motto of writing this blog is not to degrade the Indians but to
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