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Municipal debt bonds are fixed-income financial instruments which are issued by local-level bodies and the municipal corporations of cities. These bonds use the money invested by investors to undertake the development of municipal infrastructure projects
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
The price of a single share does not tell you whether a stock is cheap or expensive. Investors need to look beyond the headline price and assess the company's size, earnings, valuation and growth prospects
Filing your return before the deadline does not close the tax file. Differences in income, tax credits, or capital gains can still invite scrutiny
The new system will allow taxpayers to apply digitally for lower or nil TDS certificates, using information already available with the tax department
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
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This Independence Day, safeguard your family from estate-related disputes by updating and aligning your nominations with the beneficiaries you have named in your Will


















































