Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Why do we need a cure here for peculiarly Western diseases when we don't have those diseases, and which the West itself is not trying to cure, asks Debashis Basu.
How to buy n Unit Linked Insurance Plan? Well, read on. . .
The old ULIP lacked both and individuals did not have an inkling about either even after taking the ULIP.
As protectionism grows from the United States to Australia, Sanjay Kumar Singh draws up a comprehensive financial checklist for those shifting to India.
The Insurance Regulatory and Development Authority has clarified that only the premium collected for providing health cover in the case of unit-linked health insurance policies will be eligible for tax benefits.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
Evaluate recurring investment products and do the numbers before making any investments.
However, policyholders will have to stay invested for the entire period of the scheme to get these benefits.
'If you are looking to fulfil imminent long-term commitments, the new online Ulips are the right product for you,' notes Santosh Agarwal/Policybazaar.com.
Biden's proposal also sets aside USD 20 billion for a national vaccination programme and USD 50 billion to scale up coronavirus testing.
In order to push more long-term products, insurers are trying to push long-term unit-liked plans by giving incentives to agents who sell Ulips with higher tenure.
Saving tax through Ulips will lead to mixing of insurance with investment.
With the Securities and Exchange Board of India abolishing the entry load on mutual funds, sector experts believe distributors are likely to aggressively push high-commission insurance products. The quashing, applicable from August 1, will bring down their commission to less than half of what they earn right now. The result is likely to be aggressive selling of, for one, unit-linked insurance plans (Ulips).
India's economy could prove to be the "most resilient" in the subregion of South and South-West Asia over the long term, according to a report by the UN, which says a positive but lower economic growth post COVID-19 pandemic and the country's large market will continue to attract investments. The report titled 'Foreign Direct Investment Trends And Outlook In Asia And The Pacific 2020/2021', and compiled by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), stated that inward FDI flows to South and South-West Asia slightly decreased by 2 per cent in 2019, from $67 billion in 2018 to $66 billion in 2019. The growth, however, was mainly driven by India, which accounted for 77 per cent of the total inflows to the subregion and received $51 billion in 2019, up 20 per cent from the previous year.
The labour ministry has made public a list of 60 officers -- essentially labour commissioners in 20 regions across the country -- along with their e-mail address and contact numbers. They will deal with distress calls from workers who are working under the 'central sphere'.
You bought a unit linked insurance plan, ULIP, from your agent thinking that it is the best insurance product. However, when you see your ULIP statement you are more than confused. Here's some help to decipher your ULIP statement.
There is little doubt that the policy offers some interesting features, but these do not come for free, policy holders have to pay for the same by way of higher premiums.
The GIFT City management is in talks with Hong Kong, London, and Singapore arbitration centres
Highest NAV guarantee products accounted for a fifth of Ulip sales after pension plan sales dried up following the stringent norms on Ulips from September 2010.
Tax liability insurance is a key negotiation tool used by companies and advisers when a potential tax exposure has been identified and neither party is willing to bear the risk.
The sector faces many challenges and calls for prompt corrective action.
Positive return guarantee but with conservative bias; rider to check insurer hopping by customers.
The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
As stock markets boom again insurance companies are pitching hard to sell ULIPs. 5 important points to consider before buying them.
Amritsar-born entrepreneur John Nath Kapoor was arrested by the FBI for bribing doctors to over-prescribe a powerful opioid to patients.
Pharma, insurance and consumer goods companies try to tap the business opportunity
Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.
Combination of term plans and mutual funds will provide the same benefits.
The 12-year loan will part finance the proposed expansion of RIL's petrochemical plants and setting up of new gasification unit and refinery off-gas cracker over the next 2-3 years.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Trump was in contact with multiple lawmakers who have since gone into self-imposed quarantine.
These products do not suit everyone even though they are flexible and facilitate investments in debt and equities.
The move is likely to help 4.59 lakh housing units across the country.
Tax planning will help you pay less income tax. Something everyone wants. But smart tax planning will help you boost your portfolio.
If your children live abroad, rely more on financial assets as they are easier to liquidate and move across borders.
