Page 718 - Personal Finance

Limited option for insuring your newborn's health

Most insurers prefer to cover babies who are at least 3 months old. An easier way for would-be parents is to buy a health plan with maternity and baby cover or include the baby in group health covers

Betting on crude oil drop

Investors could look at financials of non-PSU refiners, rather than relying on state-run actors

Dangers to physical documents

While most investments are available in demat form, there are some for which documents or certificates are issued. Protect them from damage or theft

SBI, Axis cut deposit rates; HDFC Bank may cut loan rate by March

Move comes within days of Guv Rajan saying there had been a fall in rates in the money markets for many reasons

SBI cuts deposit rates by 0.25%

Move comes after HDFC Bank, ICICI Bank cut deposit rates this week

Delayed advance tax attracts 1% interest every month

Its non-payment will be considered a default

ICICI Bank, HDFC Bank cut retail term-deposit rates

ICICI Bank reduces rate by 25 bps, HDFC Bank by 25-50 bps on select maturities

Debt funds: Do exit loads benefit investors?

A higher charge works in favour of long-term investors

Tax-free the new mantra as bond yields fall

Individuals would do better to stick to income funds that have invested in 10-yr G-secs

Payment banks will make life far easier and at lower costs

Retail and telecom firms looking to set these up, paying utility bills at a supermarket will be possible

Beware of get-rich-quick tips

You might be bombarded with SMS advice, WhatsApp messages and online fast-money schemes. Here's why you should avoid them

40 years ago...And now: LIC - From Big Daddy to Big Brother

As a government-owned behemoth, Life Insurance Corporation managed to stay ahead of the competition when the sector was thrown open - but only with some painful changes

Case study

Realty check

Mutual Fund: Nimesh Shah

Bank liable for fraudulent ATM withdrawal

A rate cut would be against odds, but likelihood is rising

A rapid fall in crude oil prices has meant the RBI is a year ahead of its inflation-targeting schedule

Make your will watertight

Registering it, making a video recording and removing ambiguities in drafting can help reduce chances of it being contested

Spare a thought for lifestyle inflation

Standard of living can push up expenses more than inflation. Factor it in while planning your savings

Are you investing in equities for the first time? If yes, try out a balanced fund

It is a good way to play the stocks defensively, say experts. They can protect you more than equity funds