Financial planning: How much is enough to retire early looking at current inflation, domestic and global economic scenario?

Financial planning: How much is enough to retire early looking at current inflation, domestic and global economic scenario?

In our traditional society, 60 years used to be considered the standard retirement age. However, in recent times, an increasing number of individuals are challenging this age limit by opting for early retirement. Many experts advocate for the pursuit of financial independence, known as FIRE (Financial Independence, Retire Early), with the goal of retiring much … Read more

Waaree Energies shares surge 80% over issue price post 12% gains today

Waaree Energies shares surge 80% over issue price post 12% gains today

Waaree Energies‘ shares zoomed 12% in today’s intraday session to a new record high of Rs 2,718, marking the fourth consecutive day of gains with strong trading activity. Following a strong debut at a premium of Rs 1,047 or 70%, the stock has surged over 80% from its issue price of Rs 1,503 per share. … Read more

What would be your take-home pension under UPS, NPS in Rs 25k-Rs 1L salary brackets. Check calculations

What would be your take-home pension under UPS, NPS in Rs 25k-Rs 1L salary brackets. Check calculations

With the introduction of the Unified Pension System, it is essential to understand how it measures up against the existing National Pension Scheme (NPS) and the traditional Old Pension System (OPS). NPS involves investing a portion of the funds in the equity market, making it a relatively market-linked pension scheme. On the other hand, UPS, … Read more

How to plan a Rs 8 crore mutual fund portfolio for retirement with Rs 50,000 monthly SIP. Expert tips

How to plan a Rs 8 crore mutual fund portfolio for retirement with Rs 50,000 monthly SIP. Expert tips

I want to invest monthly Rs 50,000 in the mutual fund for my retirement. I want a corpus of Rs 8 crore. I can invest another 19 years. Suggest me how I can prepare my portfolio and advice accordingly on which I can invest.  Shivansh Dandona: Head – Investment Management, FinEdge says a rough calculation … Read more

Bank fixed deposits most favourite form of investment for low, high income groups, mutual funds catching up: Survey

Bank fixed deposits most favourite form of investment for low, high income groups, mutual funds catching up: Survey

The Moneyview Savings Index 2024, which was conducted during the financial year ended March 2024, showed that 72% of the respondents earning over Rs 50,000 monthly salary have higher savings compared to just 51% of those earning less than that. It stated lower-income groups often opt for safer options like savings accounts even though interest … Read more

MF Query: How to invest Rs 20 lakh at age 65? Should one go for dividend plan or SWP?

MF Query: How to invest Rs 20 lakh at age 65? Should one go for dividend plan or SWP?

Investing at the age of 65 requires a thoughtful approach to ensure financial stability and consistent returns. Swapan Giri, ET Mutual Funds reader, a senior citizen looking to invest Rs 20 lakh, sought expert advice on the best investment strategy for his situation. ET Mutual Funds spoke to Aditya Agarwala, Co-founder, Head of Research and … Read more

RBI governor-headed FSDC-SC resolves to remain vigilant against external vulnerabilities

RBI governor-headed FSDC-SC resolves to remain vigilant against external vulnerabilities

RBI Governor Shaktikanta Das-headed Sub-Committee of the Financial Stability and Development Council (FSDC-SC) on Monday resolved to remain vigilant against any build-up in vulnerabilities in the financial system as well as in the broader economy amid uncertain global environment. With a view to strengthening and institutionalising the mechanism for maintaining financial stability, enhancing inter-regulatory coordination … Read more

Ukraine-Russia tension, crude oil pose challenge to India’s financial stability: FM Nirmala Sitharaman

Ukraine-Russia tension, crude oil pose challenge to India’s financial stability: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said on Tuesday rising crude oil prices amid escalating Ukraine-Russia tensions pose threat to India’s financial stability and the government is closely monitoring the situation. Talking to media persons after the Financial Stability and Development Council (FSDC) meeting here, Sitharaman said the situation is worrisome and India has called for a … Read more

China says it will crack down on bitcoin mining, trading activities

China says it will crack down on bitcoin mining, trading activities

China will crack down on bitcoin mining and trading activities in its bid to fend off financial risks, the Financial Stability and Development Committee said on Friday. The country will fiercely crackdown on illegal activities in the securities market, and maintain the stability of stock, bond and forex markets, the committee said in a meeting … Read more

A pandemic financial guide for millennials: NYT

A pandemic financial guide for millennials: NYT

By Sara Aridi Several months into the coronavirus crisis, millions of Americans are still suffering from the economic fallout. Younger people are in an especially tough spot. Millennials, or those in their mid-20s to late-30s, have accumulated considerably less wealth than previous generations had at similar stages in life, and many older millennials suffered during … Read more