During the current fiscal, the economy is estimated to grow at a rate of 7.3%, making it a consecutive third time the country has recorded GDP growth greater than 7%.
Another interesting trend that emerged was the closing gap between the total AUM of large-cap funds, which stood at Rs 2,99,733.71 crores, and mid-cap funds, which was a resounding Rs 2,90,293.81 crores
Notably, Paytm is expected to comply with the orders, and expects a worse-case impact of anywhere between Rs 300-500 crores in EBTIDA.
FIRE means achieving enough financial sufficiency to retire from your full-time employment while still being in your 40s. In essence, it means you have to begin saving and investing very early on, so that a 9-5 job doesn't remain your sole income source.
Recent data from IRDAI suggests that awareness regarding insurance has steeply risen among people aged between 26-35.
The only schemes which witnessed inflows amidst the deb segment were short duration funds (Rs 595.20 crores), long duration funds (Rs 272.29 crores), corporate bond funds (Rs 188.46 crores) and gilt funds with 10-year constant duration (Rs 53.61 crores)
Due to rising inflation, it may be difficult for senior citizens to survive only on pension income. There are some measures through which you can arrange regular income. What are these options?
Your hospital bills can be taken care of by your health insurance policy. In case of death, a lump sum will be paid to your chosen nominee by your life insurer.
Despite the many government welfare schemes available for domestic helps. they remain largely unaware, and hence, unable to benefit from it
Insurance regulator IRDAI recently released a consultation paper, where it has proposed raising the surrender value of traditional life insurance policies