This dilemma stems from the intersection of insurance laws and succession laws, creating a legal gray area. The Insurance Laws (Amendment) Act, 2015, introduced the concept of a “beneficial nominee,” granting immediate family members—spouse, children, or parents—full rights to the policy proceeds. However, succession laws treat a nominee as merely a custodian, requiring them to … Read more
Not being in the pink of financial health could prompt you to take out a personal loan. And if your financial situation is bad, you may get tempted to take out a personal loan in a jiffy. Although it is not recommended to borrow money without exercising due caution, but if you cannot help doing … Read more
Are you planning to apply for a credit card but worried about its prohibitively high annual fees? If that is the case – you should bear in mind that there are a slew of cards which do not levy any annual fee at all. Here, we list out five of these credit cards which do … Read more
Many credit card users do not get any reward points when paying bills directly. However, there is a hack to maximize rewards. “Most credit cards do not offer rewards on utility bill payments, but by leveraging accelerated reward portals, you can earn significantly higher points,” Sumanta Mandal, a credit card-savvy user and founder of TechnoFino … Read more
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
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
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
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
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
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