The fraud case involving a Citibank employee should be an eye-opener for HNIs and all innocent investors. For high net worth individuals (HNIs), who hire wealth managers to take investment decisions on […]
How to create wealth in long-term
Let`s look at some of the key principles one must keep in mind in order to meet life`s financial goals in a systematic manner : 1. Start early and invest regularly 2. […]
Financial Planning for Child’s Future & Education
Investment in Child’s Future and Education is a wise financial decision. There are several Child Insurance plans available in the market. Although I do believe that ..Investment + Insurance = Worst Combination. […]
Get Rich :.: Do Nothing
Sometime ago markets were falling and people were talking about selling everything and doom. Now once again markets are rising and the same people who told you to sell everything a few […]
Can interest deduction be claimed even if possession of house is not taken?
No, its not possible to claim interest , but principal amount upto Rs 1,00,000 can be claimed as deduction u/s 80C of the I T Act. Pre-EMI Interest The bank may disburse […]
What is the difference between nomination and assignment?
Nomination is an authorization to receive the claim arising out of policy in the event of the death of the life assured, it does not give the nominee an absolute right over […]
Investment Tips for Young Professionals
Lean How to handle money Young age is good for investment. Because you have a long future to fulfill your financial goals. Most of the investors are investing for their retirement, Marriage […]
High returns + Assured returns–Buyer Beware!!
In the movie “Phir Hera Pheri”, the film’s hero Akshay Kumar meets Bipasha Basu, who promises to double his money in 14 days. It is indeed a mouth-watering proposition if it were […]
ICICI Bank, HDFC withdraw teaser home loan scheme
Private sector lenders ICICI Bank and HDFC Ltd today discontinued with teaser home loans — under which customers get credit at concessional rates for the first few years — in a move […]
LIC settles claims worth of Rs 53,954 crores
Life Insurance Corporation of India (LIC) has settled over 2.11 lakh claims during the 2009-10 fiscal amounting over Rs 53,954 crore. LIC chairman T.S. Vijayan said at least 97.47% total maturity claims […]
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