In his post, Kamath mentioned that he recently saw the OTT show ‘Pyramid Scheme’. Notably, pyramid schemes refer to illegal and unsustainable businesses where participants make money by recruiting new members as opposed to selling goods or offering services
Bitcoin falls below USD 60,000, hitting a 21-month low as multiple factors continue to weigh on the broader cryptocurrency market
Advit Jewels' shares’ grey market premium (GMP) is hinting at a strong listing for the stock. The initial public offering (IPO) of the Jaipur-based jewellery company saw decent demand, reflecting strong investor interest
Knack Packaging’s Rs 439.5 crore IPO will open on July 1. The packaging solutions company has delivered steady earnings growth and strong export revenues, but investors should weigh its expansion plans and customer concentration risks before applying
A small group of large investors continue to dominate trading on Dalal Street despite an expanding base of market participation
Knack Packaging’s Rs 439.5 crore IPO will open on July 1. The packaging solutions company has delivered steady earnings growth and strong export revenues, but investors should weigh its expansion plans and customer concentration risks before applying
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
A policy that lapses soon after purchase can leave the customer without adequate protection and may also indicate that the product was either unsuitable or not properly explained at the point of sale. This matters more in life insurance, where policyholders may have to keep paying premiums for several years
A scrutiny notice can arise for several reasons. One of the most common is a mismatch between the income reported in the return and the information available with the tax department
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.
Insurance leaves gaps. A SIP-built emergency corpus covers deductibles, recovery and income loss, so a health shock never becomes a permanent wealth setback.
Tariffs, debt and shaky growth are back, so knowing the cycle tells you what wins
Stop guessing which segment leads next and let one strategy move across the whole market
PMS, AIFs open doors beyond regular funds for investors who understand the trade-offs
Investors who pause during a downturn usually miss the recovery, and that’s where the real gains hide
SIFs are a new product class, and this one goes long on winners, short on losers
West Bengal’s 20 percentage point Dearness Allowance hike will raise DA and DR to 38 per cent, offering significant financial relief to state employees and pensioners
