'The people let off by the NBFCs have little bargaining power and willingly settle for a 20% to 25% cut in their existing salaries when hunting for new jobs.'
Managing your own money is empowering. And if you haven't started yet, now is the perfect time!
Long-term investors should not reduce or stop their equity mutual funds through SIPs.
'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'
'The government's projections for 2019-2020 will be disappointing big time.'
If new goals have emerged, this is the time to make fresh investments.
Novices should enter markets via SIPs of equity mutual funds.
Current stock market volatility is making investors wary. There is no clear direction as to how markets will pan out over the next couple of months. In such times, a staggered approach to investing can be a good option.
You can still save money, says Samkit Maniar
'They should decide their allocation based on their risk appetite and age, and not valuations.'
Irdai's push will make insurance cheaper for consumers and enable a consolidated view of all policies.
Sooner the investors shift, the better it is as a majority of equity funds have single-digit returns since January 31.
Salil Dhawan reveals the MFs that have not only performed well in the past but have a promising outlook for the future too.
Retail investors have matured and have moved away from investing in only in-vogue products, says the managing director and chief executive officer of ICICI Prudential AMC.
Focus on large-caps and ensure that the portfolio is balanced.
Now insurance companies will train agents not only to get new business but retain existing customers.
Former Arsenal manager and world governing body FIFA's current chief of global football development, Arsene Wenger will play a role in Indian football's grassroots programmes and talent development.
Over the past 25 years the MF industry has come a long way. Geographic reach has increased, many more customers have been added, more channels have been opened up and the product basket is full.
One category which stands out is fixed maturity plans due to its tax benefits, notes Prateek Mehta, CEO and company-co-founder, Upwardly.in.
Do you have parents who have turned 60? You may want to forward Sarbajeet K Sen's suggestions to them.
From the date you put in your papers, the employer will promptly freeze your salary payouts and you will get everything along with the full and final settlement.
UTI Mutual Fund has launched UTI-FAMILY (that allows investors to buy mutual fund units in their name, but the returns go straight to a parent's bank account.
To make money, invest in both good and bad times; otherwise the entire exercise is futile, experts tell Joydeep Ghosh & Sanjay Singh
Every financial plan needs to be tweaked periodically.
With stock prices at elevated levels, investors must cut valuation risks in their portfolio
It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.
In the last few months, the 10-year G-Sec has been gyrating sharply and has crossed the 9-per cent-yield mark four times.
>You can buy a life insurance policy for someone else only if you have an insurable interest or expect financial loss from that person's death, points out Tarun Chugh, MD and CEO, Bajaj Allianz Life Insurance, answering insurance questions.
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
It should cover mandatory expenses, insurance premiums and loan installments for six months to a year.
'You have to be a total anti-national bozo to shut down the Nokia plant in Sriperumbudur, which was the first large manufacturing plant for mobile phones in India.' 'Why was the unit shut down? Because of somebody's ego.'
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
'We are in the middle of an unprecedented SIP revolution.' 'Monthly inflow through SIPs will be Rs 15,000 crore to Rs 20,000 crore soon.' 'Traditional avenues of Indian savings like bank fixed deposits, gold or real estate are no longer attractive to invest.'
For a while, it seemed the markets were going on a free fall.
After the rationalisation and categorisation of mutual fund schemes undertaken by the Sebi in October 2017, overnight funds have emerged as a distinct category.
Filing your tax returns may seem like a lot of paperwork, but it is swift and smooth once you start with a clear plan, says Anil Rego.
Criticised for lack of planning, the National Rifle Association of India (NRAI) decided to accept the recommendations of Abhinav Bindra-led review committee, which looked into Indian shooters' flop show in Rio Olympics, in 'toto' and said it will form a separate panel to ensure the implementation of the suggestions.
'Apart from providing you with the ability to withstand escalating medical expenses, a dedicated financial plan for health will also ensure financial independence in old age,' advises Arun Thukral, MD & CEO, Axis Securities.
Railway Minister Suresh Prabhu presented the Railway Budget in the Parliament on Thursday.
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