Data from Kotak Mahindra Bank reveals a sharp rise in young Indian homebuyers aged 25 to 30, signalling a shift in ownership perceptions and an earlier market entry driven by changing priorities, higher education, and income growth. Gen Z is…
India Post’s popular Monthly Income Scheme permits multiple accounts for depositors, but total investment limits remain unchanged, reshaping saver strategies for low-risk, steady-income options. India Post’s Monthly Income Scheme continues to draw savers who want a low-risk place for lump…
A new focus on mutual financial understanding aims to bolster resilience in marriage, highlighting the importance of transparency, preparation, and shared planning amid life changes. A recent book-club discussion sparked by Belle Burden’s “Strangers: A Memoir of Marriage” has tapped…
A growing trend of using new credit to service existing loans during the festive season risks trapping households in a cycle of debt, according to recent data. With many households already near income limits, additional borrowing could exacerbate financial hardships,…
Amid ongoing economic pressures, traditional personal finance advice emphasizing budgeting, emergency savings, debt discipline, and early retirement planning remains vital for household financial resilience. In an era of stubborn prices and tight household budgets, the most durable personal finance advice…
While traditional banks offer stable returns on fixed deposits in India, smaller lenders are increasingly providing higher interest rates, prompting investors to weigh safety against yields amid evolving market conditions. For many Indian savers, bank fixed deposits remain the simplest…
A survey reveals that 60% of households are now repaying EMIs that match or surpass their monthly income, prompting concerns over long-term financial stability and rising loan-related complaints. A survey of borrowers has found that many households are already stretched…
Businesses must ensure that employee accident insurance policies align with actual work routines and locations to provide meaningful protection, moving beyond the traditional office-based scope to cover on-duty and 24×7 risks effectively. For businesses with field staff, delivery riders or…
Effective budgeting in retirement involves tracking income and expenses closely, building flexibility, and embracing frugality, enabling retirees to enjoy life without financial strain despite rising costs. Retirement on a fixed income does not have to feel restrictive. Done well, a…
With mortgage rates nearing 7% amid inflation and geopolitical tensions, prospective homebuyers are adopting ‘rate-proofing’ strategies to navigate unpredictable borrowing costs and safeguard their purchasing power in the evolving autumn market. Homebuyers heading into the autumn market are confronting a…
A recent ruling by Andhra Pradesh’s consumer commission has set a precedent by requiring insurers to demonstrate material falsehoods before denying claims, emphasising the need for stronger proof in insurance disputes. A consumer commission in Andhra Pradesh has ordered an…
As retirement approaches, Indian savers are turning to government-backed options like SCSS, PPF, and NPS to secure steady income, with recent updates making these schemes more adaptable to diverse needs. Retirement can bring freedom, but it also removes the monthly…
