Program-based budgeting is the approach to budgeting, where the focus of budgeting shifts from line-item expenditures to specific programs and their outcomes. Such a budgeting approach enables organizations-especially government agencies-to... Read More
Author: Finxl
Duration is a measure of a bond's sensitivity to interest rate changes, reflecting the average time it takes for the bond's cash flows, including coupon payments, to be repaid. In... Read More
The traditional finance theory has been based on the assumption that an investor is a rational being who takes decisions based on full information to maximize his utility. This classical... Read More
Program-based budgeting is the approach to budgeting, where the focus of budgeting shifts from line-item expenditures to specific programs and their outcomes. Such a budgeting approach enables organizations-especially government agencies-to... Read More
The most vital activity that fixed-income securities undertake pertains to maturity management in the interest rate-risk process for both investors and portfolio managers. There are different types of measuring tools... Read More
The four primary market structures include perfect competition, monopolistic competition, monopoly, and oligopoly. All of them describe different variations of competitive environments with varying levels of control in a market;... Read More
Real estate has been a great investment area for a long time; however, the huge entry costs for holding properties in absolute ownership make it an unattainable opportunity for most... Read More
The National Pension Scheme is a wonderful way to save for the elderly in India to secure their future with low-cost, tax-efficient contributions. Therefore, NPS is a very effective retirement... Read More
Investment analysis is an essential process of analyzing potential investments and ascertaining their feasibility based on profitability, risk, and possible sustainment in the long term. It is useful for investors... Read More
Investment banking is a segment of banking that helps organisations to raise capital and provide financial consultancy services to them. The role of investment banking has become increasingly pivotal as... Read More