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Kunal

Kunal
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Kunal is an ex-banker with a (largely self-proclaimed) flair for writing. He is an associate member of the Institute of Chartered Accountants of India and an MBA from Narsee Monjee Institute of Management Studies (NMIMS), Mumbai.

Seventh Pay Commission – what you need to know

7th Pay Commission
On June 28th, the Union Cabinet approved the recommendations of the Seventh Pay Commission. The Pay Commission, whose duty is to revise the pay structure of Government employees and pensioners across India, has recommended an overall hike of 23.5% in salaries. Considering the rise in inflation and the fact that Government employees are (at least in theory) engaged in work...

All you need to know about Child Insurance Plans

Child insurance
As parents, we want to not only provide the best for our children in the present, but also to ensure their continued well-being for the future. As the cost of education rises, parents of even new-born children need to plan for expenses that are 15 – 20 years in the future. Not only that, a parent must be aware...

How to arrange funds for studying abroad

Arranging Funds for studying
Studying abroad has never been easy. Apart from qualifying for the stringent requirements of an overseas education and the cultural adjustment needed to live in a foreign country, students have to find a way to pay for the course and cost of living. Given the unfavourable exchange rate (which has only gotten worse in recent years), an aspiring student...

7 ways of making money transfers to suit your banking needs

Money transfer banking
We live in a world of technological innovation. From how we interact with our friends to how we find a doctor, from how we do our shopping to how we learn, it has pervaded all aspects of our lives. So it should be no surprise that the Banking industry has not been far behind. The Reserve Bank of India has...

Why is NSG membership important for India?

NSG
If you have been following the political news at all in the last week of June, you would be aware of India’s failure to secure admission to the NSG, or ‘Nuclear Suppliers Group’. Between the demonization of China and the crowing of those who see in this only a diplomatic failure, an understanding of what the NSG is and...

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