The RBI may have sold some of its gold reserves and increased its foreign currency holdings as uncertainty in global markets rose, according to a report by Bloomberg Economics. Read on for more details
Commission rules may look like an internal matter between insurers and distributors, but they have a direct bearing on policyholders
Sebi has proposed allowing road-sector InvITs to exclude certain debt-funded major maintenance costs from distributable cash flow calculations in order to help them maintain higher cash distributions to investors
Sebi has introduced electronic gold receipts (EGRs) as a means to mobilise gold into a standardised asset with a regulated, exchange-traded framework
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UPRERA has advised homebuyers not to rush property purchases based on ‘limited stock’ claims, highlighting that over 115,000 units remain available across Uttar Pradesh for buyers
Calculate & Plan your future with ICICI Prudential Life's retirement calculator
For depositors, there is no real shift in how TDS on bank interest will be applied. The threshold-based system continues, and banks will deduct tax only when interest exceeds the prescribed limits
The moratorium rule does not protect a policyholder who has deliberately hidden serious health information. If someone knew about a major illness and chose not to disclose it while buying the policy, the insurer can still investigate and reject the claim, even after five years
A non-speculative business loss from F&O can be set off against most other income heads in the same year, barring salary
We need to acquire cockroach-like qualities of being adaptable and resilient to be able to conquer our fear of market volatility and its effects on our portfolios
A list of top-rated mutual funds in terms of performance
While it is advisable to stay invested in volatile markets and not give in to panic selling, it’s also important to keep an eye on how your portfolio of funds is faring
The difference between those who earn well and those who become wealthy is not necessarily intelligence, access, or even opportunity, it is behavioural errors and incorrect choices. Fixing those can be a sure shot way to achieve the crorepati goal
The broking industry is now in a price-war phase, but cost is no longer the key differentiator. The choice will depend on how you plan to use a broking platform
SIFs are the new kid on the block. Kundan Kishore, deputy editor, Outlook Money spoke to Kailash Kulkarni, CEO, HSBC MF, to understand the nuances of these emerging investment strategies. Here are the edited excerpts from the interaction.
PFRDA has proposed a Retirement Income Scheme, RIS Steady, under NPS. The scheme allows regular payouts through two withdrawal options. We explain how it works and what you can expect
Retirement planning solutions must reach the middle- and lower-income groups, for whom the crisis is most acute
For years, personal finance conversations have focused on how much to build. But less attention has been given to what that number is meant to do once it is reached
The stock market always pushes you to act irrationally. The key, however, is to not let your emotions get the better of you and force you to turn your paper losses into actual losses
The need to indulge in fun activities is real for some individuals. The key is to balance out these wants-turned-needs by budgeting smartly and becoming a conscious spender
Electronic gold receipts are dematerialised securities backed by physical gold, which is verified for purity, and stored in vaults approved by the Securities and Exchange Board of India (Sebi). EGRs allows investors to buy and trade gold in smaller quantities, making participation easier. They also differ from ETFs as investors can withdraw physical gold against their EGRs from any of the different locations of the three Sebi-registered vault managers.
The Supreme Court has ruled that casual employees are also entitled to a pension like that of a temporary worker, under the CCS (Temporary Service) Rules, 1965
