While most individuals focus on retirement corpus creation, financial planners say one should have a systematic withdrawal plan aided by annuities and inflation to ensure income security throughout life.
Seven banks, including Karnataka Bank, Karur Vysya Bank, IDFC First Bank, Kotak Mahindra Bank, AU Small Finance Bank (SFB), Equitas SFB, and Unity SFB, revised their fixed deposit (FD) rates during the week ended on June 13, 2026
Many Indians underestimate retirement needs, ignoring inflation and healthcare costs, while relying too much on traditional savings, such as EPF, thereby putting long-term financial freedom at risk
Higher taxes on bonds are likely to have a stronger negative effect on prices than similar changes for equities, Chief Economic Adviser V. Anantha Nageswaran has said. The net return to investors falls in a more predictable way for bonds when taxed are raised, putting downward pressure on its prices
Savings were not used for survival, but kept as financial security, after income levels consistently surpassed salary over several months before she quit her job
The PFRDA has launched the ‘StAR NPS’ platform to streamline the onboarding process and make it completely digital. It will effectively bring the settlement cycle to T+1
The Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) covers more than 1,900 procedures for treatment. However, the funds allocated for cancer treatment under the scheme are less than required. The FinCan study suggests that including early diagnosis of the disease under the scheme could reduce fund requirements and save more lives
