The investment rate rose 39.8 per cent in FY11, but since then, it has been on a downslide, primarily due to the difficulties faced in project implementation and stagnation in capacity utilisation of the manufacturing sector
Bonds are less risky investments and are capable of giving stable returns. However, investors must carefully analyse tax rules before deciding on one.
Due to the weightage given to capital expenditure in recent budgets, the GCF to gross output ratio for public administration ratio reached a new height in 2021-22
Investing in health insurance early in life has multiple benefits, such as lower premiums, as insurers consider them less risky than older people with potentially preexisting health conditions.
After the Reserve Bank of India hiked the repo rate, many banks have increased the interest rates on recurring deposits. Here’s a comparison of some of the RD schemes, their rates, and tenures
Many banks have raised their fixed deposit rates. Here is a comparison between the government’s Senior Citizens’ Savings Scheme and senior citizens’ bank fixed deposits in terms of deposit rates, liquidity and other...
HDFC Life Smart Pension Plus offers guaranteed regular income with various return and payment options for individual and joint policies
EPFO's unified members' portal currently states that the option of higher pensions is available until May 3, 2023
The Mahila Samman Savings Certificate is another initiative from the government to ensure women’s safety and welfare.
Heightened risks due to Covid is likely to boost demand for life insurance, according to the government’s Economic Survey 2022-23
The government has increased the interest rates for Senior Citizen Savings Scheme (SCSS) from 7.6 per cent to 8 per cent for the last quarter of FY2022-23; it...
The non-linked, non-participating life insurance plan offers options of flexible premium paying terms and guaranteed additions that are attached at the end of...
At around 7.5 per cent to eight per cent interest rates, it seems to be the most favourable rate scenario for senior citizens across fixed deposits and small...
The Reserve Bank of India (RBI) has amended bank locker rules, which will take effect on January 1, 2023. Know the changes in regulations for locker...
A greater number of women are saving and investing in mutual funds as well as new-age digital assets such as cryptocurrency as compared to men. They are also...
A senior citizen has three investable options in the low-to-medium risk category post-retirement but they must carefully scrutinise them for suitability.
ICICI Pru Sukh Samruddhi scheme offers customers several features, including a tax-free guaranteed income and lump sum on maturity.
Most of India suffers from financial insecurity. Here are five steps by which you can sort out your finances and get out of financial insecurity
Aegon Life Insurance’s iGuarantee Max Savings Plan offers guaranteed tax-free returns along with a life cover of at least 11 times the annualised premium
As many older people live well beyond their 80s in the country, it's critical to consider the risks that retirees should avoid for a stress-free life.
By Ajay Kumar Jain, Director, Swaraj Finpro Private Limited
There are different kinds of financial negative influences or forces that could harm your wealth. You must be aware of those and stay away from them. This...
Senior Citizen Savings Scheme (SCSS) provides a continuous flow of income to account holders during their retirement.
With the RBI cancelling the licenses of co-operative banks, of late, the latest being Laxmi Co-Operative Bank, you would be genuinely worried about the safety...
Having a budget and planning in advance can help you manage your finances smartly during the festive season
