Unit linked insurance plans, though, a best selling product may not be actually best suited for you, says financial expert Amar Pandit.
India is failing to take advantage of its important ally, Japan as much as it should, notes Mihir S Sharma.
Even under the RTI response, all public sectors banks have washed their hands of any responsibility.
Priya Nair tells you how you can use technology to invest better and maximise returns.
Or, what will the Indian policy process allow it to be, says Ajit Balakrishnan.
'The world does not care about the tension on our border.' 'India has to emerge as a strong economic power.' 'Respect comes when the world sees a country with a direction and leadership that has a vision,' points out Ramesh Menon.
Amritsar-born entrepreneur John Nath Kapoor was arrested by the FBI for bribing doctors to over-prescribe a powerful opioid to patients.
The legendary investor never fails to amaze. Here's Buffett as you have never seen before.
While two-wheeler sales are down 15 per cent year-on-year, passenger vehicles sales are lower by 5-7 per cent.
Denouncing India's attempts to get Indian diplomat Devyani Khobragade full diplomatic immunity, United States law enforcement officials warn that it will set a terrible precedent. Rediff.com's Aziz Haniffa reports from Washington, DC.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Pakistan would want to take full advantage of the situation to direct Taliban trained terrorists into the Kashmir Valley, alert Lieutenant General Ashok Joshi (retd) and Colonel Anil A Athale (retd).
Third time lucky is an apt phrase to describe the remarkable rise of Joe Biden, a veteran in US politics for around five decades, from being one of the youngest senators in history to the oldest American president-to-be.
The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action.
The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
Cost is not the only factor that one should look at. It's best to keep investment and insurance apart
In the last few years, unit-linked insurance plans (Ulips) have quietly become one of the largest players in the Indian stock market. With a total investment estimated at Rs 1.5 lakh crore to Rs 2 lakh crore, they are almost close to the investment made by equity mutual funds.
Tata AIG India Life Insurance has tied up with Fanklin Templeton Investments to introduce a new plan InvestAssure, a unit linked insurance plan to provide security cover with the opportunity to get high returns on insurance premium.
The Insurance Regulatory and Development Authority (Irda) has stuck to its guns on returns from unit-linked pension plans. Despite several representations from the industry, the regulator has decided that insurers will have to provide guaranteed returns of 4.5 per cent on gross premiums until March 11, 2011.
Thanks to Budget 2018, seniors can invest more and also save more.
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
Indian tax laws offer start-ups ways to save taxes.
The Securities and Exchange Board of India (Sebi) has decided against filing a joint application before a court to resolve its dispute with the Insurance Regulatory and Development Authority over unit-linked insurance plans.
About 9 per cent of those surveyed said they had been physically harassed or assaulted, while 13 per cent said they were denied basic needs, another 13 per cent quoted mental torture and 20 per cent elders surveyed cited restrictions on their social life. Misbehaviour and ill-treatment were cited by 37 per cent while 8 per cent cited other forms of harassment.
Oil accounts for about a third of India's total imports and higher dollar prices combined with a rupee near all-time lows have increased its cost.
India has got the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland, marking a key milestone in the government's fight against black money allegedly stashed abroad.
According to official statistics, half of India's GDP comes from as many as 420 million workers in the unorganised sector including street vendors, rickshaw pullers, construction workers, rag pickers, agricultural workers, among others. This massive workforce remains outside the purview of the formal banking and insurance industries.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
BBPS allows you to pay electricity, telephone, water supply, gas and DTH bills. Its scope will be expanded to include other payments like school and university fees, government taxes, insurance premiums, mutual fund investments, even credit card bills.
The move is likely to help 4.59 lakh housing units across the country.
The stock was the worst hit among Sensex and Nifty components.
Belying all expectations, the Trinamool Congress registreted a landslide victory in West Bengal assembly elections, overcoming the might of the Bharatiya Janata Party after a bitter campaign that had turned into a virtual duel between Chief Minister Mamata Banerjee and Prime Minister Narendra Modi.
Golden girl Kangana Ranaut.
India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.
Surat-based company in talks with banks, insurance cos, manufacturing cos etc for their iris scanner machine.
The Congress president alleged that the surgical strike was made public as the BJP was fighting elections in Uttar Pradesh.
Standard Chartered Bank is setting up an international banking unit primarily to look after Indian company requirements. The bank is looking for a $2-billion loan book in the first five years of business.
News of all that's transpired on and off the football field
United States President Barack Obama will have a tight schedule during his three-day visit starting January 25, as he will hold talks with top leadership in New Delhi on ways to make progress on key issues like defence and civil nuclear agreement and attend the Republic Day celebrations as the chief guest, among other engagements.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances