Page 317 - Personal Finance

Rail infra to power: Investment trends likely to play a vital role in 2024

Highlights of investment trends in various economic sectors of India that are predicted to play a vital role in the markets of 2024

Allocate 20-30% to long-duration debt funds, enter with 6 to 8 years period

Even when investing solely for capital gains, stay flexible and extend investment horizon if required

Financial risk, reward, goal: Here's the right way to book profit

Don't try to excessively time the market or exit an investment because others have done so, say experts

You can now tokenise your debit/credit card via mobile and internet banking

RBI has also allowed CoFT through card issuing banks or institutions to provide cardholders with an additional choice to tokenise their cards for multiple merchant sites through a single process.

Premium, terms, returns of various retirement plans explained in table

Policybazaar table lists pension offers of various financial companies

Formal, casual, always classy: Blazers suit all your style needs

It is a myth that the blazer is meant for the office and that it only comes in dark or grey

Higher EPS pension: Revised FAQs on arrears, increased contribution

FAQs clarify that higher pension application will not be rejected even where such permission is not obtained by the employee

Non-linked insurance plan: Surrender or stay? Do the math before deciding

The new norms contained in IRDAI's exposure draft, if implemented, will make surrendering less painful

Insurance: Term plans see 10% surge among self-employed, 41% opt for ULIP

Within the demographic of term insurance buyers, self-employed males dominate with 89 per cent representation, while females constitute a comparatively smaller share, standing at 11 per cent.

Axis Bank users can now enjoy benefits of the American Express Network

On reaching annual spends of Rs.2.5 lakh, the annual fee for the next year is reversed.

Rs 4,000 discount on flights: Cathay partners with Axis Bank for travel rewards

Exclusive discounts, bonus miles, and more await Cathay members

Explained: How H1-B domestic visa renewal will benefit Indian techies

Working professionals would not have to travel back to India for a visa appointment to get their visa renewed. H-1B holders will be able to renew their visas by mailing them to the US state department

Pre-empt disputes between nominee, legal heirs by drafting a will

A nominee's job is only to hold a deceased's asset temporarily until the legal heirs claim it

H-1B holders can renew visas without leaving the US from January 2024

An estimated 75 per cent of the H-1B visa granted in a year are known to go to workers from India, hired by some of the largest US tech giant such as Amazon, Microsoft, Google and Facebook.

1 in 3 Indians grapples with stress, 35% battle diabetes, high BP, hypertension

Gen Z & Millennials have claimed to be suffering trom higher proportion of Anxiety. Lack of Stamina, Obesity etc. are ailments that higher % o Gen Z have claimed to be suffering.

Top 10 global New Year's Eve destinations as per Agoda's AI tech

Agoda used ChatGPT 4.0 to identify the list of travel destinations, and Midjourney AI to generate an image depicting multiple scenic New Years' Eve destinations from around the world.

Potential rate cuts by US Fed in 2024 to drive next rally in gold

Be prepared for volatility in first half; use corrections to build a 10-15 per cent allocation

Demat account holders can furnish nomination declarations by Jan 1, 2024

The Securities and Exchange Board of India (Sebi) stated that those who fail to do so will not be able to transact in stocks

Sovereign Gold Bond scheme 2023-24 tranche III: All your FAQs answered here

Sovereign Gold Bond interest rate: These bonds bear interest at the rate of 2.50% per annum on the amount of initial investment. Interest is credited semi-annually to the bank account of the investor

Best time to book FDs is from now to 6 months but stay away from floating FDs

Many banks try to sell floating-rate FDs at marginally higher interest rates. These FDs are best avoided because the yield will be much less