Page 624 - Personal Finance

Borrowers will need to wait 3-6 months for rates to come down

Banks feel that significant transmission of rate cuts will start after one or two quarters

Taking loans to repay card dues is not smart

Use credit cards with discretion and try to generate a net monthly surplus to avoid falling into a debt trap

Get money's worth from your distributor

Now that you can view the annual commission you pay to the distributor, make sure they truly earn the fee

Buy property in resale market to eliminate risk of delay

Read the investor-developer agreement carefully before signing the cheque

For moderate Pre-paid users, Rs 999 recharge hits the sweet spot

Risky to bet on IPOs in rising markets

History suggests that new issue pricing in bull markets is aggressive and investors should exercise caution

Counter-cyclical calls by funds

Many fund managers are betting on higher tourism flow and manufacturing in mid-cap space

Work towards achieving financial bliss

Couples need to sit down together, develop financial goals, and work systematically towards achieving them

Leo Puri won't seek extension as Amfi chairman

Amfi's board is likely to meet on October 7 for electing the new chairman

EPF exposure to equities doubled

Investment to be raised to Rs 13,000 cr without CBT nod

Interest rates on small savings schemes cut marginally

PPF will fetch an interest rate of eight per cent in the third quarter of the current FY, against 8.1 per cent in the previous quarter

Funds wary of equity schemes' growing size

Gains may moderate in the backdrop of three previous years of high returns, say fund managers

Do you have enough health cover?

You need to revise the sum insured periodically to keep pace with medical inflation

EPFO to invest Rs 13,000 cr in ETFs in FY'17: Labour Minister Dattatreya

It has raised the limit of investments in FY17 to 10 per cent of investible income from 5 per cent in FY16

Sector funds: You can take the lump sum route

While SIPs work for all kinds of schemes, this route can maximise returns in certain sector funds

Stay financially fit after 60

After retirement, the pressure on finances increases in the absence of regular income. Here are a few suggestions to ensure a smooth post-retirement life

Go only for finished flats till May 2017

After coming into effect, the Real Estate Regulation Act will ensure that developers are unable to take home buyers for a ride

Vanagaram, Chennai: Driven by IT, ITeS workforce

Readers' Corner: Life Insurance

Amitabh Chaudhry, managing director & chief executive officer, HDFC Life, answers your questions

How online privacy is linked to your pocket

Avoid using real personal data and make a separate e-mail address for free apps and services