National Australia Bank (NAB) last week cut fixed and variable mortgage interest rates on selected home loans. Other banks that also shifted their rates last week included AMP, Teachers Mutual Bank and Adelaide Bank. NAB’s Base Variable Home Loan Special saw its interest rate reduced by 20 basis points to 3.79% p.a. (comparison […]
Joydeep Sen The Interim Budget presented by the interim Finance Minister, in the interim of the quarter was the interim event of the current government’s final months in power. The debt market, as usual, obsessed over the fiscal deficit numbers for the current financial year i.e. 2018-19 and the projected […]
With changing times, gender roles have changed with most women in leading roles traditionally relegated to men. While women today are sharing the same responsibilities as a man, they shy away from taking independent financial decisions despite sharing the same fiscal obligations and risk. Women today are leading their male […]
Mahavir Chopra Two is always better than one, without any doubt! Insurance policies contribute to the dual benefit of meeting your long-term financial objectives and also act as a tax saver! Let’s know how… Knock! Knock! The email from the HR department about submitting your investment proofs for saving tax […]
The moment you log on to an insurance company’s website, you somehow get lost in a maze of products and their technical features. In a bid to simplify the process, the insurance regulator has proposed a mandatory standard health product that will have same features across insurers. The real need […]
Abhishek Bondia At 49, Subhash suffered a major heart attack. His arteries had over 90 percent blockage. He underwent a bypass heart surgery and then recovered fully. This was a huge shock for the extended family. A teetotaler, vegetarian, and non-smoker, Subhash was free from major vices loosely associated with heart […]
Systematic Investment Plans (SIPs) are emerging as one of the most favoured modes of investing in mutual funds. However, while it is easy to save money on a monthly basis in banks, it is not easy to choose your systematic investment plan to make investment periodically. Questions such as when […]
Millennials are keen to have a spectacular wedding for themselves but don’t generally look at its impact on their financials and future goals. We have one such instance of 26-year-old Nikunj Soni, an Ahmedabad resident who took a loan for his wedding in January 2017 from a nationalised bank. He […]
The year 2018 saw a wide variety of insurance plans as well as innovative services being launched in the Indian market. These not just included policies with lifelong coverage but also insurance records on blockchain. Moneycontrol gives you a lowdown on the top five innovations in the insurance market: Title insurance After […]
Have you thought of taking home insurance? Just like insuring other valuables, one should also not neglect insuring one’s home. However, it is often not in the priority list for most people. But if one buys the cover, it acts as an important backup in case things go wrong in […]
Monsoon is one of the seasons which is eagerly awaited in India. It gives a huge respite from summer heat. However, monsoon also brings along various challenges especially when it comes to driving your vehicle during this season. “Every year, due to the heavy floods in some or other […]
