UK graduate vacancies have fallen sharply, increasing competition and raising concerns for international graduates entering the job market there after graduation or higher studies
MSCI-linked flows could trigger sharp moves at the close as India’s new auction system faces its first major test
Stock Market This Week: US Fed rate bets, India’s growth data, and the US jobs report will drive market sentiment this week
In early trade, Gold Futures with October 5 expiry fell 1.69 per cent to trade at Rs 1,53,640 per 10 grams, while Silver Futures with September 4 expiry also fell 1.77 per cent to trade at Rs 2,32,501 per kilogram
Augmont Enterprises’ shares made their debut on August 31 with gains of 22 per cent over the upper end of the price band
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The proceedings dropped by Sebi in its latest order originated from a show cause notice (SCN) issued in October 2024. The notice was issued following a probe into share transactions between Max Financial, Max Life, and Axis Bank between the financial year 2009 to 2022
Calculate & Plan your future with ICICI Prudential Life's retirement calculator
One way of understanding risk-and-return metrics of a mutual fund scheme is by using metrics which are called the “Greeks”. Even though these metrics sound academic and math-heavy, retail investors can also understand and use them to make more informed investing decisions
An Ahmedabad police inspector lost Rs 5.4 lakh after scammers used genuine-looking policy details, refund promises and repeated payment demands to gain her trust and confidence
In one such instance, a practising chartered accountant based in Nagpur found his household under the Income Tax Department’s scanner. The I-T Dept conducted a search operation at the CA’s residence in July 2016 and found over two kilograms of jewellery, which was valued at roughly Rs 90 lakh at the time of the investigation
India is in the midst of a major flux, and faces challenges at two opposite ends of the generation spectrum. The first is shrinking job opportunities for the youth and the second is the estimated boom in senior citizen population
Health insurance is the first defence against medical expenses in old age. Though high premiums and exclusions are a challenge for seniors, opting for certain combinations and making small adjustments can sweeten the deal. But never trade off comprehensive coverage for lower premiums
In India, most senior citizens are dependent on their family or other for maintenance as the large part of the population does not access any form of pension (see High Dependency Among Seniors). At the same time, many of them suffer from chronic diseases, whose treatment can be costly and unaffordable for the dependent segment (see Threat Of Chronic Diseases). Lack of health insurance and non-hospitalisation expenses (which are, typically not covered by standard health policies) are resulting in high out-of-pocket expenditure and contributing to high indebtedness (see Lack Of Cover Leads To Indebtedness).
The Ayushman Bharat Yojana provides a cover of Rs 5 lakh to those above 70 years, irrespective of their health condition and socio-economic background, but that solves only part of the affordability problem
Vibha Padalkar, MD and CEO of HDFC Life Insurance, talks about why insurance penetration is still low in India, why seniors end up buying the wrong insurance product, the innovations we can expect in the future and how frequent regulatory changes can deter the flow of foreign money in the industry. Edited excerpts from an interview with Nidhi Sinha, Editor, Outlook Money
A Bihar widow sought an extension of her family pension under a 2005 policy, but the Patna High Court ruled that it could not apply to her case
