Business & Market News

Vijaya and Deepak Tyagi are saving for their kids’ goals and retirement. Portfolio Doctor assesses the health of the fund portfolio and recommends that they take a loan for children’s education but keep retirement savings intact. from Wealth-Economic Times https://ift.tt/2za61Wm https://ift.tt/3g0Dz9Z

Here is the weekly tracker of returns from Sensex, 10-year government bond and US dollar-INR. Find out how different types of investments fared. from Wealth-Economic Times https://ift.tt/2LzocHK https://ift.tt/2TgfX7B

Writing is a skill. You are the craftsman continuously improving upon your current level of mastery and thus increasing your professional effectiveness and income. Here's how you can constantly upgrade your writing skills for professional success. from Wealth-Economic Times https://ift.tt/3bGUkUu https://ift.tt/3fUSSkG

When a single claim does not cross the threshold limit of your regular health insurance plan but multiple claims together do, a super-top health cover becomes ideal. It takes into account the total amount of the claims and hence is useful. from Wealth-Economic Times https://ift.tt/2WG2CI7 https://ift.tt/3fVTpCR

To apply for claim online, an EPF account holder should satisfy three conditions. Also as per amended EPF rules, members can now withdraw from their EPF accounts to tackle covid-led financial distress. from Wealth-Economic Times https://ift.tt/366jeM8 https://ift.tt/2Xajeqa

It is never too late to start building an emergency fund. The covid crisis too has bolstered the need for and reiterated its importance in the financial planning journey. Lay down rules that will help you create and manage the fund appropriately. from Wealth-Economic Times https://ift.tt/3bFYBrh https://ift.tt/2WGpR4x

The problem with retiring in the middle of an economic crisis is that the value of your investments shrink. What looked like a comfortable corpus is now a fairly diminished bundle of wealth. These 10 simple points will tell you why you should treat this period as a pause. from Wealth-Economic Times https://ift.tt/3690c7E https://ift.tt/2LEkLiV

Investors are displaying maturity by distinguishing between categories based on risk and have started shifting money to safe categories. Net inflow into liquid and overnight funds were Rs 68,848 crore and Rs 2,603 crore respectively. from Wealth-Economic Times https://ift.tt/2Lz0MlV https://ift.tt/2X74o3W

What’s the right way to protect the gains that you may have already made in equity funds? It’s time you explored the Systematic Withdrawal Plan (SWP) option. You should have started a monthly SWP of roughly 1/12th of the value. from Wealth-Economic Times https://ift.tt/3cJZK2u https://ift.tt/2WDd5DX

Every insurance product has an ideal customer profile and segment to which it is pitched. The problem occurs when there is no synergy between the product and target group. This is when people’s interest drops and they stop buying these products. from Wealth-Economic Times https://ift.tt/36aplza https://ift.tt/2LI4RE9

With Arogya, there is a high degree of clarity since the features, as well as terms, are standardised and remain the same across insurers. So one doesn’t need to compare for the best plan. One can buy it depending on the premium that suits them. from Wealth-Economic Times https://ift.tt/3cHuqkQ https://ift.tt/3cI7eCS

Indian banks are facing a jump in coronavirus-related defaults on credit card dues, personal and vehicle loans. from Wealth-Economic Times https://ift.tt/363ewyJ https://ift.tt/2X3gbA6

An appointment letter would provide a sort of documentary evidence and would help them claim their rights and benefits due to employees. An employer would be required to mention details such as salary, working hours etc. in the appointment letter. from Wealth-Economic Times https://ift.tt/3dT4EKJ https://ift.tt/2WxOsZr

The lower rates will come into effect from May 14 and include deductions on dividend, interest, professional fees and brokerage. from Wealth-Economic Times https://ift.tt/2LqoiBB https://ift.tt/2xZvq4A

If the employers' saving on PF contribution is not added to the employees' salary it would mean a net loss for the employee to that extent. This is after the government has announced a reduction in PF dues for the next three months. from Wealth-Economic Times https://ift.tt/2Wuhj0J https://ift.tt/35XKuMz

WhatsApp on Wednesday assured the Supreme Court that it would not launch its payment gateway, WhatsApp Pay, before getting the approval of the Reserve Bank of India. from Wealth-Economic Times https://ift.tt/2zAWJTg https://ift.tt/2Lstsgc

PF revision will benefit 43 million provident fund subscribers across EPFO and exempted establishments and 650,000 employers. It will not cover public sector enterprises and state public sector undertakings. from Wealth-Economic Times https://ift.tt/2LqMvHR https://ift.tt/2yKX9GQ