Insurance

Transforming innovators growth platform: Path to escaping middle-income trap

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Despite boasting a thriving ecosystem of new-age technology companies (NATCs) across diverse sectors such as technology, renewable energy, and artificial intelligence, many face significant challenges in accessing domestic capital markets, which limits their potential to scale and compete globally. Reflecting on report’s findings, reminds us of Sebi’s 2019 redesigning of institutional trading platform into the … Read more

5 common mistakes to avoid while choosing a term insurance policy | Mint

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You need to choose the right term insurance policy to provide for your family. Still, it is important to ensure that you don’t make avoidable errors such as: inadequate coverage, hazy policy terms, higher premiums, vague add ons etc. Also Read | How to Choose the Best Term Insurance Plan This should be kept in … Read more

SBI and IDFC First Bank credit card users: Major changes coming April 1, 2025—What you need to know | Mint

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As the new financial year sets in, a series of changes are going to take place for the credit card consumers in India, in particular the State Bank of India (SBI) and IDFC First Bank card consumers. Now, on and from April 1, 2025, important changes are going to strike reward points, free cover insurance, … Read more

How Gold ETFs hold an edge over physical gold for diversification

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Given the current gold prices and the average consumption over the past five years, India is expected to consume gold worth approximately $70 billion in 2025. While concerns over the widening current account deficit (CAD) persist, they often overshadow the broader perspective. Gold continues to provide a buffer for Indian households during economic turbulence and … Read more

The foundation of successful investing isn’t intelligence. It’s patience.

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All three possessed exceptional analytical skills and a deep understanding of value investing principles. Yet most people have only heard of the first two. Buffett once said when markets crashed nearly 70% in 1973-74, Guerin, who had borrowed heavily to invest in equity, faced devastating margin calls. This forced him to sell his Berkshire Hathaway … Read more

How cyber insurance protects you against financial frauds

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However, while this offers a lot of convenience, an invisible threat also looms: cyber fraud. This threat often catches even the smartest and tech-savvy individuals off-guard. Take the case of Ananya Sharma, a 32-year-old IT professional from Bengaluru. She received a text about an urgent electricity bill payment to avoid disconnection. Trusting its authenticity, she … Read more

What are riders in health insurance? Types, benefits, and how they work | Mint

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With health insurance premiums seeing a sharp increase due to the rising cost of medical inflation, you should consider purchasing riders, which are offered as an ‘add-on option’ in your policy. Health insurance riders can provide you with decent coverage at lower costs. A health insurance rider, which is the extra benefit or coverage that … Read more

How your low credit score could be driving up your car insurance premiums | Mint

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In India, where car ownership is now becoming the norm, it is helpful to know about the variables that influence car insurance premiums in order to be able to manage your finances in the best possible way. While everyone knows about variables such as the make of the vehicle, age of the vehicle and driving … Read more

IndianOil RBL Bank XTRA Credit Card offers 8.5% valueback: Should you take it? | Mint

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For many individuals, fuel expenses like petrol, diesel, etc., form a decent percentage of their overall monthly expenses. However, most credit cards don’t give reward points on fuel transactions. Infact, many credit cards charge a 1% surcharge on fuel transactions. In such a scenario, co-branded fuel credit cards assume a lot of significance. One such … Read more

8 smart tips to keep your personal loan from becoming a debt burden | Mint

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If you stare at a financial crisis and need funds urgently – you will invariably have a temptation to raise a loan. Now with a range of fintech platforms offering loans aplenty, it is highly unlikely not to opt for a personal loan. Most unsecured loans charge a higher rate of interest, thus putting a lot … Read more