If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the 13th part of this series, ET Wealth explains how an exchange-traded fund differs from a regular mutual fund.
Your financial goals may be at risk if you have not taken sufficient protection against unforeseen events.
"Term plans should be the first choice for anyone to start the journey of life insurance coverage. These plans provide substantial coverage at an affordable price. By focusing on protection, consumers can secure their financial future without compromising affordability," says Amit Jhingran, SBI Life Insurance.
For investors, there’s no external enforcer of rules, so it comes down to self-discipline. There may be situations where deviating from the basic tenets of sound investing could have led to better returns. However, these exceptions are few and far between and can typically only be identified with certainty in hindsight. So it’s much better to regard these guidelines as sacrosanct.
Switching from a regular job to private practice is a major financial decision. Rodriguez must assess her risk tolerance and ensure that her financial position is strong enough to make this move.
The NPS-related grievances could include transaction issues, such as delay in contribution and incorrect deduction; maintenance issues with respect to PRAN (Permanent Retirement Account Number); and service complaints.
ETFs are available for various asset classes like equity, debt and commodities.
The opportunity to get out of the house and engage in another economic activity enables learning and staying updated. Research shows that the seniors who continue to work after retirement are more technologically savvy, can travel independently, protect themselves from scams and frauds, and remain resourceful about how to get things done.
You need some time-tested techniques to break out of your slump and boost your success rate. The four areas that can unlock your potential are motivation, energy, organisational skills and productivity. Here’s an eight-point action plan to get going.
Mold-Tek Packaging is benefitting from the growing packaging industry and rapid urbanisation.
If, instead of foreign holidays, you prefer to travel within India, here’s a series to help you plan the best vacations in each of the 28 states and 8 Union Territories. We highlight tourist attractions, culinary choices, modes of travel, and the costs involved. In the 24th part of the series, ET Wealth takes you to Uttarakhand.
Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.
The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.
The companies that maintain healthy revenue growth and margins can generate market-beating returns.
As the festive season kicks in, the demand for gig work riders employed by quick commerce platforms may grow by as much as 40% on peak demand days from the current level of about three to four lakh riders, industry executives told ET. Ecommerce and food delivery platforms may hire about 20% more gig riders.
Tata Digital has launched a new employee stock option plan (Esop) for the top deck under chief executive Naveen Tahilyani amid significant turnover in the company's senior leadership. It is following new-age companies like Flipkart and Razorpay that employ Esops as a retention tool and a wealth-creating method for employees.
Krishna Janmashtami was celebrated across India on August 26, 2024, commemorating the birth of Lord Krishna. Devotees engaged in fasting, singing, and reenacting Krishna's life. The puja muhurat in the NCR was between 12:01 AM and 12:45 AM on August 27th. Lord Krishna’s birth, life, and his role in the Mahabharata were remembered. Devotees shared messages and quotes from the Bhagavad Gita, reflecting Krishna’s teachings and divine deeds. Festivities included breaking the fast with a feast known as 'Bhog', dedicated to Lord Krishna.
Uber is reviving its high-end Uber Black service in India, starting with a phased rollout in Mumbai, as the company focuses on upgrading its services to cater to the premium segment. The launch is anticipated to take place within the next few weeks.
In response to the RBI's increasing focus on financial sector stability, banks are bulking up their technology capabilities by expanding their tech teams and increasing IT investments. This comes amid the growing importance of cybersecurity and the need to adopt AI-driven services, which are becoming essential components of the banking industry.
Volkswagen-Rivian, Volkswagen-Xpeng, Honda-Nissan and Volvo AB-Daimler Truck are some of the deals that went through in 2024 to develop software and vehicle architecture. These partnerships are likely to hurt Indian IT firms' business, and likely to pull down the total tech spending.
Temasek, Singapore's sovereign wealth fund, is in advanced talks to lead a $100-150 million investment in Rebel Foods, the parent company of brands such as Faasos and Behrouz Biryani, sources said. Started in 2011 by Jaydeep Barman and Kallol Banerjee, the company plans to go public in the coming 1-2 years.
Currently, an FPI or an investor group can hold only up to 10% equity in a listed company. More than 10% is allowed through FDI. The fungibility would allow individuals the freedom to freely manage investments. Even portfolio investors can pick up more than 10% stake in a company. Foreign investment is classified under different buckets and faces different regulations, said the official cited above.
As a core investment company that borrows funds from banks and markets to invest in group companies, Tata Sons was classified by the RBI as an NBFC-Upper Layer (NBFC-UL) in September 2022. Under RBI regulations, an NBFC-UL must be listed within three years of such a categorisation. But with the promoter risk profile reducing drastically following the debt repayment, Tata Sons is no longer required to list its stock, having offered to surrender its certificate of registration to the central bank.
Global CEOs, ministers and startup founders will address the world's most pressing issues - worldwide turmoil, the climate crisis, demographic shifts, economic instability and the transformative impact of artificial intelligence (AI) - under the theme of Leadership for Global Prosperity. Ministers S Jaishankar (external affairs), Ashwini Vaishnaw (railways, information & broadcasting, electronics & information technology) and Gajendra Singh Shekhawat (tourism) will share insights on how their... Читать дальше...