Car insurance: Why should you opt for ‘Pay as You Drive’ cover?

Have you ever thought of the financial burden your vehicle insurance incurs regardless of the vehicle’s usage? What if you take your car out of the garage only once a week for a short drive. Effectively, less car usage means lower possibility of collision and therefore, leads to fewer insurance claims.  This should, ideally, incentivise the … Read more

GPT Healthcare IPO: Here’s what GMP, subscription status signal ahead of listing

GPT Healthcare IPO: The initial public offering (IPO) of hospitals chains and healthcare services provider GPT Healthcare was concluded on February 26. GPT Healthcare IPO received decent investors’ response during the bidding period from February 22 to February 26 and the issue was oversubscribed heavily. As the IPO allotment of GPT Healthcare has been finalised, … Read more

Just got married? Here are 5 ways to help you manage money effectively with your spouse

More often than not, it is money that defines and determines the course of relationships. This is very true for young married couples. Hence, they must get their priorities right, set their common goals and have clear demarcation lines of who takes care of what.  Get your finances right For a newly married couple, the … Read more

Insurance: Why should you buy term plan with return of premium?

Term insurance plans are usually meant to provide financial security to the policyholder’s dependents and kin in the unfortunate scenario of policyholder’s demise. Some subscribers, however, don’t subscribe to the idea of a vanilla term insurance  plan since there is no provision of return of their investment.  Consequently, some policyholders opt for the ULIP (Unit … Read more

JK Cement’s focus on expansion will bolster volumes but keep debt elevated

Investors in JK Cement Ltd are sitting on handsome gains, with its shares having rallied 62% over the past year due to a combination of factors that could boost its earnings performance. Amid heightened competition, timely capacity additions and strategic regional diversification have boosted JK Cement’s prospects, and grey cement volume growth has been good. … Read more

Investing tips for the sandwich generation: Dos and Don’ts

Experts guide these strained souls on how to manage their finances to care for their parents, support their kids and tide over for themselves too. “Generation S or the Sandwich Generation is perhaps living in the most precarious of financial conditions; as they are encumbered with taking care of their ageing parents, and children. Another … Read more

What do IRDAI’s draft regulations on insurance policies mean for policyholders?

The document, named “Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests and Allied Matters of Insurers) Regulations, 2024″, brings together eight separate regulations into a unified and comprehensive framework. Extended free-look period The free-look period for reviewing policies will be extended to 30 days from the date of receiving the policy document, … Read more

Lok Sabha elections: Nifty 50 rallied 4 out of 5 times after results, Bank Nifty outperformed

As India gears up for the general election 2024, the sentiment on Dalal Street also turns cautious. The outcome of the election will be a pivotal event and is likely to have a significant influence on the Indian stock market as it holds immense sway over investor sentiment, shaping expectations and policy trajectories. The equity … Read more