RBI Targets Polymer Banknotes Rollout By Early 2027-28 After Pilot Run
The Reserve Bank of India is testing polymer banknotes through a pilot project and aims to introduce them from the beginning of the next financial year
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MV Electrosystems Shares Make Strong Debut, Railway Equipment Maker's Stock Lists With Over 22% Premium
Following its highly anticipated market debut, shares of MV Electrosystems will now trade alongside several established peers in the competitive Indian electrical and railway equipment sector.
Juniper Green Energy Shares List At 9% Premium, IPO Investors Make Rs 1,320 Per Lot
Juniper Green Energy shares debuted at up to a 9 per cent premium over the IPO price, giving retail investors a listing gain of Rs 1,320 per lot
Taxpayers can still file a belated return, but late fees, interest, and the loss of certain tax benefits may apply. Here’s what you need to know about the fees, interest and tax consequences
PGIM Mutual Fund Suspends Fresh Inflows Into Three Schemes - Here's What Investors Need To Know
In the notice, the mutual fund house mentioned that the temporary halt affects PGIM India Global Equity Opportunities FoF, PGIM India Emerging Markets Equity FoF and the PGIM India Global Select Real Estate Securities FoF
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Following its highly anticipated market debut, shares of MV Electrosystems will now trade alongside several established peers in the competitive Indian electrical and railway equipment sector.
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Calculate & Plan your future with ICICI Prudential Life's retirement calculator
AIF lock-in periods are designed to give fund managers time to build value and exit investments strategically. Here's how hard and soft lock-ins work, why they matter, and what investors should check before investing.
With insurance penetration still at just 3.70 per cent, Irdai’s latest reforms aim to make insurance more accessible, affordable, and trusted across India while accelerating the 'Insurance for All by 2047' vision.
The tax department is comparing returns with financial and third-party records to identify false deductions, unreported income, and other discrepancies before initiating further action
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Crises In The Making
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
The Best Health Insurance Strategy For Seniors
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
The Financial Burden Of Health Issues
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).
Is Ayushman Bharat Yojana A Complete Solution In Itself?
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
We Need To Move From Products To Solutions For Seniors, Says Vibha Padalkar
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
The government has taken various technological measures to streamline the CPGRAMS grievance redressal over the last few years. While the complaints have increased over the years due to the online mode to lodge a complaint, the time period has reduced, too
