West Bengal DA Hike: State Employees To Get 38 Per Cent Hike From October 1
West Bengal has notified higher DA and DR for employees and pensioners, along with revised rates for those still covered by older pay structures
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Ardee Industries IPO Allotment Status: Step-by-Step Guide To Check Share Allocation Status On KFin Technologies, BSE, And NSE
The subscription window for Ardee Industries’ initial public offering closed on August 7. Investors are now awaiting the finalisation of the basis of allotment, as the company gears up for its upcoming stock market debut later this week
Filing ITR Under Section 44AD? Here’s What You Still Need To Disclose
Presumptive taxation makes return filing easier for small businesses, but it does not remove the need to explain other income or unusual credits in bank accounts
MahaRERA grants a blanket four-month extension to registered housing projects amid West Asia conflict-related construction disruptions
Dhoot Transmission IPO Opens For Bidding, Check Latest GMP, Subscription Status, Price Band
Dhoot Transmission IPO GMP: Dhoot Transmission’s Rs 3,066.89 crore IPO opens today; check GMP, subscription details and key dates
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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.
New car buyers will need four-year third-party cover and new two-wheeler buyers six-year cover, as the Supreme Court tightens rules to curb uninsured vehicles on Indian roads
The July 31 deadline is over, but some taxpayers still have until August 31, 2026, to file their income-tax return under the revised filing calendar
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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
India’s strong economic growth, rising corporate earnings and long-term equity performance can support a 12-15 per cent return assumption, but reaching Rs 5 crore by 50 ultimately depends on starting early, stepping up investments, and staying disciplined through market cycles
