Updated Trends: It has now become common to borrow money and repay it with easy installments. Such a practice has become a very common commercial transaction, but still it is always important to pay back the debt as soon as possible. Here are some reasons why a loan must be paid back as soon as possible. 1. Can borrow more – After you have repaid...

Updated Trends: The International Monetary Fund has accepted the fact of failing to predict the Ireland financial crisis, and it could have taken some strong steps before the announcement of the €85 billion bailout package for the country. “The deputy director of IMF’s European wing, Ajai Chopra, has stated There is no question that we...

Updated Trends: The US Dollar Has Fallen Once Again To A Fifteen Year Low Against The Rising Yen The US Dollar has once again fallen to a new fifteen year low against the rising Japanese yen. The dollar fell by more than 1% against the yen to 80.41 yen, after Japan made a fresh sell off of its currency on Monday. The strong rise in the Yen came after...

Updated Trends: Gold Rates In India Inch Closer To Rs.19000 As Festive Season Buying Increases Gold rates in India are slowly inching towards Rs.19,000, thanks to the festive season in South India as Gold purchase and sales have boosted tremendously. The precious metal gained another five rupees and ended at Rs. 18990. Silver on the other hand lost...

Updated Trends: The IMF Has Foreseen Growth in The World’s Economy For most of the developing and developed nations in the world, the International Monetary Fund has projected that there will be a strong growth rate in the World Economy this year, which will be growing faster than expected. But it can’t be accurate that the growth would...