People are now buying life insurance for protection, and the increase in surrender value is unlikely to impact the persistency ratio, Mahesh Balasubramanian tells Riju Mehta.
The people who feel more secure about their incomes tend to spend more; people with secure levels of wealth may see a switch to need-based spending, and spend less; people with ostentatious lifestyles may struggle in debt, unable to curb spending; and people scarred by creditors may remain debt-free. Research indicates that money personalities of people tend to remain the same or, at best, change gradually.
The key lesson about money is understanding that it’s a limited resource with an opportunity cost. Siddharth Sharma should focus on managing his monthly allowance wisely.
Mahila Samman Savings Certificate offers a safe and secure investment option at 7.5% interest rate, compounded quarterly, for a tenure of two years.
A small market movement against the position can result in substantial losses, higher than the initial margin.
While awareness about the National Pension System (NPS) has increased, investors are not drawn to this retirement scheme, according to the findings of the IRIS 4.0 study by Max Life Insurance.
There hasn’t been an official announcement for the 2024-25 series of SGBs so far. Over the past two years, only four tranches have been released. Further issuances are likely to be few and far between, if not abandoned altogether. So what is a suitable alternative for investors looking to bet on gold now?
What is wealth, really? What do we mean when we say the economy is growing? These questions go beyond mere numbers and statistics, touching upon the fundamental nature of value and human progress. When we say someone has created wealth, we mean they have brought something into existence that enhances our ability to live, work or enjoy life.
All 13 stocks of the BSE Power index delivered positive returns with 11 stocks outperforming the BSE 500 index. The returns are calculated between 29 December 2023 and 25 October 2024 closing values. Despite the remarkable rally, there is scope for further upside during the festive season and winter months. Recent reports from Nomura, Motilal Oswal, JM Financial and IBEF are positive on the growth prospects of the sector. Read on to find out where to invest
You might have some poor quality stocks that enhance the portfolio risk. Underperforming mutual funds might be dragging down the overall returns. You need to identify these unwanted elements and realign the portfolio to match your risk tolerance. This will not only help improve returns, but also ensure that you achieve your financial goals with ease. Let’s start the exercise with a simple question: How many stocks and mutual funds do you have in your portfolio?
ICICI PRU LARGE & MID CAP: Earlier known as the ICICI Prudential Top 100, this fund was repositioned as the large- and mid-cap offering a few years ago. The fund manager adopts a counter-cyclical approach by remaining underweight in sectors to which the larger market holds an elevated exposure. Should you buy ICICI Pru Large & Midcap fund now?
Captagon is bringing in billions for Syria’s Assad regime and Iran-backed militias including Hezbollah—and it’s triggering a health crisis.
A man thought he was suffering from a particularly bad case of indigestion, but when he finally went to see a doctor, he discovered that the truth was something much worse
The Greenwich Registrars & Data Solutions has said that digitisation could strengthen activities in the probate industry. The Managing Director of Greenwich Registrars & Data Solutions, Obiageli Chiki-Ijegbulem, said that in a statement made available to The PUNCH on Sunday. She explained that for too long, the process of asset recovery, transmission, and estate management
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The Senate Committee on Banking, Insurance and other Financial Institutions has urged the Nigeria Deposit Insurance Corporation to get the maximum value from the assets of the failed Heritage Bank to settle its stakeholders. The call was made on Saturday in Lagos by the Chairman of the committee, Senator Adetokunbo Abiru, at the Stakeholders Retreat
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The African Diaspora Network Japan has referenced Nigeria as a prime location to bolster economic relations between Japan and Africa. It advocated that Japanese companies tap into the African market through the African Continental Free Trade Area. At the 2024 Osaka-Africa Business Forum in Japan and followed by The PUNCH virtually, with the theme, ‘Let’s
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Operators in the built environment have estimated that Nigeria loses about N36tn annually due to untitled lands. The cost of land registration varies depending on the location. However, the average registration fee for a plot of land in Nigeria, depending on the state and Local Government was pegged at N1m by operators, which was used
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The Federal Government through the National Sugar Development Council has revealed that the out-grower scheme under the Nigeria Sugar Master Plan pays about 535 farmers across the country over N1bn annually. It disclosed this in a report on the Nigerian Sugar Industry put together by the NSDC, stating the achievements of the sugar master plan.
Читать дальше...The Edmonton Blues Festival announced they will be taking a pause in 2025 due to high operating costs and the loss of their usual location.
As the first woman to lead an independent Pacific Island nation in modern times, Hilda Heine has become a symbol of gender equality and women’s empowerment across the Pacific.
Prosecutors called Stephen Matthews "one of the most prolific serial rapists in the history of the state of Colorado"
The warming climate in polar regions may significantly disrupt ocean circulation patterns, a new study indicates. Scientists discovered that in the distant past, growing inflows of freshwater from melting Arctic sea-ice into the Nordic Seas likely significantly affected ocean circulation, sending temperatures plummeting across northern Europe.
New research has revealed that species that are more social live longer and produce offspring for a greater time-span. This is the first study on this topic which spans the animal kingdom, from jellyfish to humans.
Aside from the victory, Mahomes enacted revenge on the Raiders after they mocked the three-time Super Bowl MPV during preseason camp with a Kermit the Frog reference.
An updated statement of claims alleges that former chair Ita Buttrose and outgoing managing director David Anderson were key decision-makers in Antoinette Lattouf’s sacking.