A monthly systematic investment plan of Rs 20,000, compounded at 12% annually over 21 years, can potentially grow into a corpus of over Rs 2 crore, highlighting the power of disciplined investing and long-term horizon, according to Zee Business. A…
As students start university, the most valuable lesson may be how to manage their finances effectively, helping them avoid debt and make the most of their funds. Parents sending children off to university are usually focused on practicalities such as…
Punjab National Bank has inked a three-year agreement with GYFTR Limited to create a branded digital platform offering lifestyle benefits and merchant tie-ups for select credit cardholders, enhancing customer engagement and digital experience. Punjab National Bank has signed a three-year…
Paytm is launching Cash Flow Guardian, an AI-driven tool designed to help small firms anticipate cash shortages and plan accordingly by analysing payment data and transaction patterns, marking a shift towards proactive liquidity management within payment platforms. Paytm is pitching…
New insights suggest that retirees need tailored emergency reserves based on individual expenses and risks, rather than standard guidelines, to safeguard their financial stability in later life. Retirement does not end the need for cash on hand; it changes what…
Whether it’s marriage, divorce, a new job or family shifts, staying on top of your financial plan through regular reviews ensures it adapts to your evolving circumstances and goals, preventing costly mistakes. A financial plan is not something to write…
Data shows a rise in household deposits below Rp100 million, with savers exploring alternative investment options like money market funds and government bonds amid growing safety concerns and market improvements. Indonesia’s savers appear to be keeping more cash in banks,…
A broader perspective on prosperity highlights the importance of purpose, relationships, health, and time over material possessions, emphasising that true wealth enables a life worth living. Money is often treated as the destination, but that is a narrow way to…
While small finance banks in India are offering up to 9% on fixed deposits, savers must weigh higher returns against safety, tenure, and deposit insurance limits in a competitive market where large banks lag behind in interest rates. A comparison…
Authorities in Taiwan issue warnings about a rising Instagram scam where fraudsters pose as friends to steal phone verification codes, leading to unauthorised charges on mobile bills, predominantly affecting students. Taiwanese police are warning students and parents about a fast-growing…
A Pune couple’s achievement of building a ₹11.5 crore net worth by age 38 and aiming for early retirement highlights a growing trend among Indian professionals redefining work and wealth, influenced by diverse portfolios and personalised financial security strategies. A…
Despite decades of contributions, private-sector employees under the Employees’ Pension Scheme often receive modest monthly pensions due to salary caps and pension calculations, even with additional service weightage for long service. For private-sector employees covered by the Employees’ Pension Scheme,…
