Five factors to review before renewing your insurance policy

June 13, 2019

Most non-life insurance policies−be it health, personal accident, auto or home−are contracts renewable yearly. Barring a few two- and three-year covers introduced by non-life insurers, most policy holders receive yearly renewal notices for the payment of their premiums to retain their insurance covers. With the advent of technology, it has become a hassle-free act in most […]

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Vary equity exposure according to specific financial goals

June 7, 2019

  People set themselves different financial goals. And financial goals have their own risk profiles that are based on the type of the target, its time horizon and the risk profile of the investor himself. So how should you as an investor go about deciding the equity exposure for different goals? In other words, what […]

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NRIs should consider Indian equities to beat global slowdown

June 4, 2019

 A stronger-than-expected election verdict in favour of the incumbent government, coupled with a sharp fall in oil prices has had many NRIs(non-resident Indians)  wondering how they could participate in the opportunity provided by Modi 2.0. A global growth slowdown, triggered by the US-China trade wars has also made investors look at India as a possible […]

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DHFL stops fixed deposit withdrawals; should you avoid all company FDs?

May 28, 2019

Dewan Housing Finance Corporation Ltd (DHFL) on May 21 announced that it had stopped accepting fresh inflows in fixed deposits (FDs). It also stopped renewals and put premature withdrawals from existing fixed deposits on hold. However, it allowed withdrawals in case of medical emergencies. The DHFL management said that it took these measures to manage […]

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Bajaj Electricals Q4 jumps two fold to Rs 28.54 crore

May 22, 2019

Bajaj Electricals Ltd on May 22 reported over twofold jump in its standalone net profit to Rs 28.54 crore for the March 2019 quarter helped by improvement in margins in the consumer durable segment. The company had reported a net profit of Rs 7.31 crore in the January-March quarter a year ago due to a […]

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What Supreme Court’s judgement on applicability of PF contributions means

March 20, 2019

Parizad Sirwalla The Supreme Court (SC) on February 28, 2019, delivered a judgement (disposing off multiple appeals) on whether the special allowances paid by an establishment to their employees would form part of basic wages and consequently attract Provident Fund (PF) contributions. Although there have been past rulings by the SC on this subject, this […]

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Should you invest in small finance bank FDs to earn higher rates

March 12, 2019

Bank fixed deposits are the most popular investment choices among retail investors, as they offer guaranteed returns. While investing in this secured financial instrument, the first thing the depositors look for is the higher interest rate being offered on their deposit. However, higher interest rates may come with certain risk factors. Small finance banks often […]

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Should you opt for bank locker insurance by IFFCO Tokio GIC?

March 9, 2019

We fear that our jewellery and valuables may not be safe at home and so we put them in our bank lockers. But what are the chances of your bank locker being broken into? Barely negligible, but it did happen a little over a year ago.  And where there is risk- even a minute one- trust […]

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SBI home loan: 2 days left to avail home loans at ZERO processing fee from State Bank of India

March 1, 2019

New Delhi: State Bank of India (SBI), India’s banking giant, offers the facility of regular home loan, home loan balance transfer, home loan for Non-Resident Indians (NRIs), home loan, flexipay home loan, privilege home loan. According to State Bank of India, SBI home loan in 2019 includes the options for the purchase of ready built property, purchase […]

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Be cautious of over leveraging while using multiple credit cards: Yes Bank

February 26, 2019

According to TransUnion September 2018 quarter report, Indians have 3.69 crore credit card accounts (up by 31.7% in the same quarter a year ago), outstanding balance of Rs 84,400 crore (up by 35.8% for the same quarter a year ago) and the average balance per credit card holder was Rs 46,000 (up by 8.1% for […]

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