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HSBC, ICICI Pru, SBI qualify to manage provident fund
1 hour 26 min ago

Leading private financial players HSBC and ICICI Prudential along with
country's largest bank SBI have been shortlisted to manage about Rs 25,000
crore in provident fund of about four crore employees annually.
Monitor your financial health
1 hour 26 min ago

Natty, well-travelled, social-Ashok has a great lifestyle, but not very
great savings. A medical epiphany makes him take a critical look at his
financial health, and he decides to change his lifestyle for the sake of his
family and future.
Indians still prefer to transact in cash
1 hour 26 min ago

Even as electronic modes of settlement are becoming popular, cash still
dominates bulk of transactions made in India. Cautious about loans | Myths
about insurance
EPFO shortlists 7 private fund houses to manage its corpus
1 hour 26 min ago

The Employees Provident Fund Organisation (EPFO) has shortlisted seven
private sector firms to manage its corpus of Rs 2,40,000 crore.
EPFO shortlists seven asset management firms
1 hour 26 min ago

Amid strong opposition from trade unions, the Employees Provident Fund
Organisation (EPFO) has shortlisted seven private sector firms to manage its
large corpus of Rs 2,40,000 crore.
Panel to identify opportunities in insurance, pension sector
1 hour 26 min ago

The Institute of Chartered Accountants of India (ICAI) has set up a
committee to identify the opportunities in Insurance and Pension sector.
EPFO should invest in market instruments for better returns
1 hour 26 min ago

Finance Minister P Chidambaram has sought to suggest that the Employees'
Provident Fund Organisation (EPFO) may invest funds in high yielding
instruments.
Kotak Securities launches AutoInvest
1 hour 26 min ago

Kotak Securities has launched AutoInvest and its gold profile AutoInvest,
where an investor can invest in gold exchange traded funds too.
How to retire in comfort
1 hour 26 min ago

A couple after retirement want to ensure they have enough funds to maintain
their high standard of living and meet future needs.
Rising rates spell good news for PFs
1 hour 26 min ago

The reason being that they are able to pocket returns in excess of the
mandatory 8.5% that the EPFO offers by investing in short-term securities
during a rising interest-rate scenario.
Financially secure single mother
1 hour 26 min ago

A courageous single mother of two, widowed young, heaves a sigh of relief to
learn that she is financially secure.
Equity derivative structured products: Best of both worlds
1 hour 26 min ago

Equity derivative structured products can minimise risk and protect capital.
Some even guarantee returns.
Higher returns on FDs
1 hour 26 min ago

RBI has hiked interest rates in a bid to stem inflation. Unfortunately, it
means we will pay more for loans and get lower returns on stocks. But
returns on fixed deposits will be higher.
Repo rate hike likely to hit small savings schemes hard
1 hour 26 min ago

Investments in small savings schemes, which have already slowed down, are
expected to be badly hit, as bank deposit rates rise, following the hike in
interest rates signalled by the Reserve Bank of India on Tuesday.
Most Indians worried over retirement, but few plan for it
1 hour 26 min ago

Almost 70% of Indians are worried about outliving their retirement money,
yet only two out of 10 full-time workers opt for a retirement plan, other
than what is mandated by law.
70% Indians worry about outliving retirement funds: MetLife
1 hour 26 min ago

More than eight out of 10 Indians have done no retirement planning
independent of any mandatory government plans. Re-evaluating insurance needs
Beware of financial planners with fake credentials
1 hour 26 min ago

A lot of agents, financial distributors and banks try and call themselves
financial planners.
Negotiating the potholes in the path to riches
1 hour 26 min ago

The liberalised financial landscape has forced investors to embrace risk.
Here are some tips on arriving safely.
Provident fund trustees to press for 12 pc interest
1 hour 26 min ago

Provident fund trustees will press for increasing the interest rates on PF
to at least 12 per cent to prevent value erosion of deposits in the wake of
soaring inflation.
80% working Indians do not opt for retirement plans: MetLife
1 hour 26 min ago

Despite worrying about a comfortable old age life, almost 80 per cent of the
working Indians do not opt for any kind of retirement saving plans other
than what is mandated by law, say the MetLife surveys.



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