The shift towards guaranteed-return products from Ulips reflects the risk aversion of investors hurt by last year’s steep decline in share values
Apart from providing protection, a whole life policy offers you the benefit to withdraw some part of the amount or take loan against the policy depending on your requirements during different stages of life
You may invest Rs25,000 in mutual funds and the remaining Rs25,000 in fixed deposits
In a press release, the subsidiary of the Punjab National Bank stated that interest on loans amounting to Rs20 lakh was reduced by 1.5% to 1.75%
LIC Housing Finance Ltd said it has reduced interest rates by 75 bps, effective from 1 January
In March 1997, according to RBI data, 75.4% of outstanding credit by scheduled commercial banks was lent out at interest rates of 15% and above
A hugely under-insured population ensures tremendous growth potential for the life insurance industry, making it an attractive career option
It would be better to stay invested; rather, add some more units to your kitty to average out your investments
Not many consumers are in the mood to make big-ticket purchases, given the precarious economic situation
One way to gauge how much NPAs will rise is to consider what happened the last time we had a downturn
Gold has the potential to do well and can deliver decent returns over the next three years.
The policy aims at attracting quality investments, increasing employment opportunities in the state, develpoing special investment regions, encouraging public private partnership model, setting up of mega projects and core infrstructure projects, said minister of state for industry Saurabh Patel, who released the policy in Ahmedabad. The first objective of the policy is to attract investments in the areas of SIRs, PPP projects, mega projects, innovative projects etc.
In an hour-long chat on rediff.com on Wednesday, market expert Pranav Sanghavi offered some valuable tips.
The government on Friday increased the foreign institutional investment limit to $15 billion from $6 billion in domestic corporate bonds, a move that will provide a boost to foreign inflows into the country.
A proper mix of cover that gets tax advantage is essential to ensure that there is adequate insurance. But first, you need to identify the needs. And they will keep on changing, according to your age, dependents and other factors: Medical insurance premiums up to Rs 15,000 come under Section 80D. And life insurance premiums up to Rs l00,000 get benefits under Section 80C.
HCL, MindTree in the fray. The company is reportedly in talks with Delhi-based HCL Technologies and Bangalore-based MindTree. HCL, with whom discussions are on for a cash-less merger, seems to be the front-runner, investment banking sources said.
In a filing to the stock exchanges, Satyam said that the technology research firm had in its December 18, 2008, report asked organisations to adopt the software major's innovative business strategies. However, the latest Forrester report on December 31, said that its software business associates need to review dependence on Satyam Computer to safeguard themselves in case the IT major is sold.
In an hour-long chat on rediff.com on Wednesday, market expert Pranav Sanghavi offered some valuable tips.
Omar Abdullah is likely to constitute a state-level Investment Promotion Board that will work towards easing complex bureaucratic procedures to attract the private sector to Jammu and Kashmir.
In an hour-long chat on rediff financial planning expert Vicky Mehta offered some valuable tips on financial planning.
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