Page 554 - Personal Finance

To earn higher interest income, you have to take some measured risks

For fixed-income investors, this is undoubtedly good news, as interest rates will go up. Banks like State Bank of India, ICICI Bank, HDFC Bank and others are slowing raising deposit rates

Tipping Point: Exchange-traded fund based on the S&P BSE 500 index

The interesting point about this is that it allows to simplify your equity investments to the extreme

Hotspot: From anonymity to IT-ITeS hub, story of Gachibowli

Over the past five years, Gachibowli has added around 10,900 housing units. Around 32 per cent of the current supply was added in 2016 itself

Readers' Corner: Life Insuracnce

To purchase a term policy, you will first have to undertake medical tests as required by the insurance company. Such tests are mostly mandatory for a person opting for a term insurance cover

Can builders forfeit the amount in case of cancellation of the booking?

The State Commission upheld the builder's contention and dismissed Anand's complaint on the ground that he had failed to pay instalments on time

UPI 2.0 helping merchants; to allow Aadhaar-based biometric transaction

Users will be able to set mandates for recurring payments and transact using Aadhaar-based biometric authentication

Here's why Rera implementation remains work in progress across states

In many states such as Karnataka, Tamil Nadu, Telangana and Uttar Pradesh, the definition of an ongoing project has been diluted

Insurers can deny health insurance claims in case of incorrect disclosure

If you contract a disease few years after buying the policy, it is not mandatory to disclose it. But, if you want to increase the sum assured, then premiums could go up sharply

Why disclosing pre-existing diseases to your health insurers pays

It helps the insurer to understand the nature of risk it is taking and minimises the possibility of claim rejection

As cos offer different interest rates, diversify across NCDs to lower risk

There will be 4-5 more NCD issues in May and June. Spread your investments among companies with high credit rating

Buying a house jointly? Define ownership proportionately

Ensure this at the time of registration so that you don't face problems on taxation front

A reclassified fund must serve your objective, says Axis Mutual Fund MD

Understand how the risk-return profile and investment style of your fund have changed and see if it still fits in your portfolio

IT and pharma start to catch up

A falling rupee will improve valuations of these sectors

NPS funds: Restrict investment to Rs 50,000 for tax benefits, say experts

But taxation at maturity and compulsory annuities are dampers

Has LTCG tipped the balance in favour of Ulips?

In a toss-up between mutual funds and Ulips, the latter seems to be gaining the edge

Insurers reward customers for good behaviour, offer differential pricing

Insurers are offering differential pricing, based on buying behaviour only at Policybazaar.com

Move fixed deposits only if the rate difference is high. Here's why

With banks signalling a rise in rates, it is good news for the depositor

Realty check: Current rates and unit sizes in Rs 5 mn - 10 mn price range

If you are looking at buying real estate, an idea about prevailing rates would come in handy.

Readers' Corner: Financial planning

Savings last longer if you do two things: save more by spending less while you work, and invest smartly so you can earn a better return

Tipping Point: Why are employers looking at candidates' credit reports?

One reason is that the Employers believe that a poor credit report reflects a lack of discipline and inability to manage his personal affairs properly