For Maibam Nirbuala Devi, financial literacy came too late. Together with her family, she invested ₹48 lakh in a local scheme promising 5% monthly returns—only to find out it was a Ponzi scam. “In channels around here, the ads were about the schemes I invested in,” said Devi, who now faces mounting family tensions over … Read more
The city of Melbourne glues the stories together. A story about a father and son, a woman trying to make a place for herself in a strange land, a dancer who needs to discover freedom by freeing her own limitations, a young man trying to make himself heard in the deep gulf of silence between … Read more
Five IITs, including Indian Institute of Technology (IIT) Delhi, Bombay, Madras, Kharagpur, and the Indian School of Mines in Dhanbad, have featured among the top 50 institutions in the QS World University Rankings by Subject 2025. ISM Dhanbad, which has been given the status of an IIT, has been awarded the highest rank for an … Read more
Credit card distribution growth and spending in India continues to rise, reaching ₹1.84 lakh crore in January 2025, according to data provided by Asit C. Mehta Investment Intermediates. Hence, in this kind of an environment managing credit card expenses effectively is crucial to avoid financial strain later on. For the same proper education, knowledge sharing … Read more
Personal loans are becoming increasingly popular in India as they are easily available and convenient. Prominent lending institutions such as: HDFC Bank, ICICI Bank, Kotak Bank, Bajaj Finance, CreditAccess Grameen among others are rapidly scaling up loan distribution services. Also Read | 10-minute personal loans: Fast money or a fast track to debt? Due to … Read more
I am 38 years old, earning ₹1.80 lakh per month, with monthly expenses of ₹1 lakh. My current investments include ₹8,000 in NPS, ₹6,000 in VPF, ₹18,000 in EPF, and ₹50,000 per month in equity mutual funds. My accumulated savings stand at ₹7 lakh in NPS Tier 1, ₹15 lakh in PPF, ₹14 lakh in … Read more
As the travel segment grows, the competition in the travel credit card category is picking up. Some banks have rolled out travel-centric credit cards. Earlier, we had the American Express Platinum Travel Credit Card and the Axis Bank Atlas Credit Card in the travel category. Now, HSBC Bank has also joined with the TravelOne Credit … Read more
According to data from the Swiss Re Institute, total insurance premium collections are projected to grow by 7.1% over the next five years (2024–2028). This growth rate significantly surpasses the global average of 2.4%, the 5.1% growth in emerging markets, and the 1.7% average in advanced markets. Over the next decade (2024–2034), total premiums are … Read more
Q. Me and my wife have been investing in Nifty 50 tracking mutual funds for the past 8 years. We now intend to diversify by investing in Nifty100 Quality 30 index-tracking mutual funds. Can you tell us the pros and cons of investing in index mutual funds tracking the Nifty100 Quality 30 index? Additionally, please … Read more
When buying health insurance in India, it is good to know what the riders are so that your policy becomes more efficient and personalised as per your needs, aspirations and expectations. Also Read | Health insurance EMI: Key risks and considerations you should be aware of There are extra benefits tagged on to your basic … Read more