Saikat Neogi

Health Insurance may become more consumer friendly: IRDAI panel calls for removing these exclusions

The working group has recommended that waiting period for conditions such as hypertension, diabetes, cardiac should not be for more than 30 days.

health insurance, health sector, irdai News

Flexible and customer friendly norms for life insurance: Irdai proposes structural changes in linked, non-linked policies

After five years, the insurance regulator is in the process of reviewing the structure of linked and non-linked life insurance products. It has put out a draft paper which, among other things, proposes to make the minimum dea

Insurance News

Dhanteras investment: Go for Gold ETFs and SGBs

Investment in gold is a useful diversification tool and a good hedge against inflation. For many investors, the metal is an essential store of value for financial emergencies.

Money News

Decisions based on short-term movement of stocks cause pain: Jiju Vidyadharan, Crisil Research

Investors in equity-oriented mutual funds should not get flustered by volatility in the asset class over the short term, and remain invested over the long term (7-10 years) to derive optimum returns, says Jiju Vidyadharan, se

Money News

How to earn higher long-term returns with Equity Linked Savings Scheme

At a time when assets under management of mutual funds declined 12.5% to Rs 22 lakh crore at September-end due to massive outflows from liquid funds and income schemes, equity and equity-linked savings schemes (ELSS) saw an i

Money News

Planning to invest this festive season? Here’s why gold bonds are a good option

The price of the Sovereign Gold Bond is fixed on the basis of simple average of closing price of gold for the last three working days of the week preceding the subscription period.

Markets News

How to leverage election year market crash and gain on averaging opportunities

Lok Sabha elections due next year, it is more important to hold on to stocks, buy more on dips and continue with SIPs.

Markets News

Policyholders, your insurance company will be better regulated, here’s what IRDAI has planned

The benefit of adopting a risk-based supervisory framework will be a structured approach to help assess various risks, both internal and external.

Insurance News

Currency devaluation: Know how the falling rupee impacts your finances

The rupee has depreciated over 15% against the US dollar since January this year because of rising crude prices, slowing flow of funds from foreign institutional investors and increase in the US Dollar index.

rupee, finances, US dollar, US Dollar index, home currency, foreign education News

Aadhar verdict: eKYC curbed; instant loan approvals, MF and insurance sales online take a hit

With the Supreme Court scrapping the mandatory linking of Aadhaar with bank accounts and ruling that private companies can no longer insist on Aadhaar-based authentication, fintech companies find themselves in a spot.

Money News

Income Tax: These three tax deductions that can be reversed

There are tax deductions for long-term investments. If, however, you invest only for the short-term, your tax liability increases.

tax, income tax News

Motor insurance: Here is how you can get Rs 15 lakh personal accident cover on buying car insurance

Buyers of new cars and two-wheelers will also now have to mandatorily purchase third-party insurance cover upfront for at least three and five years.

Insurance News

Interest rate bonanza! New, latest rates for PPF, FDs, small savings; here’s what risk-averse investors should do

Risk-averse investors can look at investing in these instruments with the government raising interest rates for small savings schemes.

Money News

Giving credit to one who cannot repay will create misery for all, says head of capital markets of Home Credit BV

Home Credit India, a non-banking financial company, focuses on small-ticket loans for purchase of mobile phones, home appliances, etc., primarily to people with little or no credit history.

Markets News

National Pension System: PFRDA caps equity mutual funds investment by NPS

The PFRDA guideline on 5% cap on equity mutual fund investment by pension funds will be applicable to all NPS schemes—central and state governments, private sector, NPS Lite and Atal Pension Yojana.

Markets News

Mutual funds: Stick to SIPs even if market remains volatile

While market volatility remains the most important risk in equity investment either directly or through mutual funds, one should look at equity investments for the long term

Mutual funds, Debt mutual funds, net asset value, ELSS, GST dislocation, Bajaj Capital, BSE-30 Index, Nifty-50 Index stocks News

Home Credit India likely to turn profitable in FY19

On the back of strong growth in retail consumer finance, simpler lending procedures and rapid expansion of its network, Home Credit India, a part of Czech Republic-based consumer finance provider Home Credit BV, which started

Markets News

IRDAI recommends that individuals be allowed to shift from being insurance agents to insurance service providers

An Irdai panel has suggested that list of products to be sold via an insurance marketing firm should include group insurance products and combi-products

money, insurance setor News

Stock markets: How long-term investors can navigate volatile markets

Investors should not react too much to price movements when the markets are volatile as it will harm their portfolios in the long-run.

stock, stock markets News

National Pension System: NPS goes subscriber-friendly with new PoP norms

In order to expand the reach of National Pension System (NPS) and encourage independent and effective distribution channels, the pension fund regulator has notified new norms for Point of Presence.

nps, pop News

Your medical insurance plan will now cover mental illness, similar to those offered for treatment of physical illness

The insurance regulator has directed insurance companies offering health insurance to cover treatment for mental illness.

Money News

Tax planning: Four tips for selecting tax-savings investments

For tax-savings related investments, look at the tenure, returns offered and the taxability of the returns.

Money News

Explained: How technology can help make buying insurance easier

From purchasing a policy to raising a claim to assessing risks more accurately, technologies such as Artificial Intelligence, Internet of Things and wearables can make it easier for both customers and insurers

insurance, life insurance premium,  Artificial Intelligence, Internet of Things, pre fixed health metric News

Two months, two rate hikes: FDs, small savings to become attractive post RBI rate hike

Given the hike in repo rate, if you are looking at locking money in bank deposits for a longer tenure, it makes sense to do it now.

Banking & Finance News

Understand the power of compounding – Why starting early is the key to building wealth

Early investors always gain from the power of compounding. Investing in a systematic investment plan in equity mutual fund, PPF or NPS at an early stage can help the investor to accumulate a large corpus just by the power of

Money News

Borrowings: How to get a loan against property

Public and private sector banks and even housing finance companies offer loans against property, usually providing around 60% of the value of the property as loan.

Money News

Top three ways to reduce your home loan burden

Most banks have increased the interest rate for home loan for both new and existing borrowers.

Money News
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