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EPFO settles 56.79 lakh COVID-19 advance claims
The amount of disbursals under COVID-19 claims to subscribers is a sizeable amount of over one fifth of the total disbursement during the period by the EPFO.
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Invest in NPS for comfortable retirement
If you also want to start saving for retirement but wondering where to start, then, National Pension System is one of the right ways to start your journey.
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Follow these steps to to achieve your financial goals
Warren Buffett once famously said: “Someone’s sitting in the shade today because someone planted a tree a long time ago”. Building wealth is a long process with obstacles along the way and sometimes they are unavoidable. The key lies in financial planning. You need to have a financial plan to invest in your future and […]
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RERA Act: Seven things homebuyers should know
Are you still waiting for the possession of your home your builder promised? Is the builder not paying you interest on the delayed possession of the property? Is the quality of construction not good? To address such issues, the central government passed The Real Estate Regulation and Amendment Act (RERA) in 2016, which became effective […]
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PFC’s Rs 5000 crore bond issue subscribed 94 pc on first day
New Delhi, Jan 15 (PTI): State-run Power Finance Corporation’s Rs 5,000 crore taxable non-convertible debentures issue was subscribed 94 per cent on the first day on Friday and is likely to close on Monday, a source said. Power Finance Corporation (PFC) has planned to raise Rs 10,000 crore through NCDs in two tranches. The first […]
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Supreme Court to decide on distribution of money to Templeton unitholders after hearing objections to e-voting
New Delhi: The Supreme Court has said it would decide on distribution of money to Franklin Templeton unitholders after hearing the submissions objecting to the e-voting process for winding up the mutual fund’s six schemes. A bench headed by S A Nazeer granted three days for filing of objections to the e-voting on winding up […]
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Mutual fund AUM rises 17% in 2020 on the back of debt and equity funds
Mumbai: A massive rally in the equity markets since May bringing in heavy inflows into equity ETFs and open-ended debt funds has helped mutual fund AUM grow 17 per cent to top the Rs 31-lakh-crore-mark in 2020, which is 1 percentage point lower than 2019, according to a report. During the year, the 44-player industry […]
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All you want to know about Sovereign Gold Bonds
Sovereign Gold Bonds (SGBs) are government securities denominated in grams of gold and are substitute for holding physical gold. The best part about gold bonds is that apart from the market prices, you also earn 2.5% interest, which is payable semi-annually on the initial value of investment. It is not a very old scheme as […]
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All you want to know about Corona Kavach and Corona Rakshak health insurance policies
Do you know that the basic health insurance policy does not cover PPE or home treatment cost if the person infected with coronavirus. It is for this reason the Insurance Regulatory and Development Authority of India mandated all insurance companies to come up with standalone policies. Here is a lowdown on what Covid-specific policies cover: […]
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Should I surrender my insurance policy?
Consider all the pros and cons before surrendering an insurance policy
