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Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
The report is based on a survey of over 800 salaried and self-employed women across 10 cities in India.
While there has been a steady increase in the number of fund managers as compared with the 428 seen last year, the number of women fund managers has been static.
With a joining fee of Rs 2,000, this card offers many benefits like free lounge access, cashback, and discounts on EaseMyTrip bookings. Recently, AU Bank also introduced the ixigo AU Bank Credit Card
Some of the popular investment options are fixed deposits and recurring deposits. These are one of the most common types of investment for retired individuals.
The study revealed that providing financial security for family is the top life goal, with 71 per cent women prioritizing it.
Multi-Bagger stocks mean the stocks that provide returns that are several times the amount invested in them.
For senior citizens in India, a combination of SCSS, PMVVY, POMIS, FDs, and carefully selected mutual funds can form a robust investment strategy.
Deposit mobilization by banks continued to remain skewed in the 1-3-year bucket and it continues to rise consistently.
These FDs do not allow you to withdraw your deposit before the maturity date, which is not the case for callable FDs unless a court order is issued in the event of death or bankruptcy.
The NPS is used not only to build a sizable retirement kitty but also to reduce your taxable income by an additional Rs 50,000.
Some platforms or merchants are levying a convenience or transaction fee for UPI transactions
HUF has its own PAN card, and separate returns are filed, ensuring its independence from individual tax liabilities.
According to an analysis by Fisdom, schemes like HDFC Small Cap, Axis Small Cap Fund, HSBBC Small Cap Fund, DSP Small Cap fund and Franklin India Smaller Cos Fund carry a relatively higher risk
Watch was the most preferred investment by Indian UHNWIs, followed by Art and Classic Cars. Globally, super rich cited Art as the preferred luxury investment, followed by watches and classic cars.
Nearly 14 per cent of their residential portfolio is allocated outside India.
You must buy only a term insurance plan. The premium that you pay is eligible for tax benefit under Section 80C
Malta holds first place in the 2024 Global Citizenship Program Index as it has done for nine consecutive years
An ELSS fund is an equity-oriented scheme with a mandatory lock-in period of three years. In recent years, many taxpayers have turned to ELSS schemes to avail of tax benefits.
Fraudulent trading platforms are offering resident Indians trading opportunities on par with foreign funds, which is not possible under the current rule
Kotak Institutional Equities expects the market to remain largely range-bound this year.