Planning for Retirement: I am considering investing Rs 50,000 through SIPs over the next 15 years to build my retirement savings. Currently, my expenses are below Rs 30,000 as children are settled in their respective jobs and don’t wish to get married so soon. Taking into account inflation and post-retirement expenses, I am curious to … Read more
The upcoming financial year 2025-26, which commences on April 1, 2025, is poised to enhance the disposable income of numerous taxpayers nationwide, courtesy of recent policy changes. Finance Minister Nirmala Sitharaman introduced a Budget that is favourable to the middle class, introducing a range of tax benefits aimed at increasing the funds available to ordinary … Read more
I am seeking guidance on financial planning for my parents, specifically my father, who is 57 years old and nearing retirement. He has dedicated himself to hard work throughout his career, and I am eager to ensure that he can experience a relaxing and fulfilling retirement. Current Assets and Investments: Land owned by my parents … Read more
I’m 38 years old and hold a senior manager position at a mid-sized company. While I have a group term life insurance plan provided by my employer, I’m unsure whether the coverage is adequate to meet my family’s financial needs. How can I assess if the sum assured is sufficient? Additionally, is there an option … Read more
The Central government may increase Dearness Allowance (DA) and Dearness Relief (DR) for its employees and pensioners next week before Holi. This increment will benefit more than 1.2 crore central government employees and pensioners. The government conducts reviews of the dearness allowance twice a year, in January and July. The DA increase, typically finalized in … Read more
Renowned businessman and author Robert Kiyosaki has once again voiced his bullish stance on silver, calling it the best investment opportunity at the moment in his recent post on social media platform X, suggesting that while gold may surge past $3,000, silver is the asset to watch for explosive gains. “When gold goes through $3,000 … Read more
For the past 5 years since the onset of COVID-19, I have actively invested in SIPs and have been pleased with the growth, especially in the post-Covid era. However, in recent months, the profits have shown a decline. Despite my concerns, my financial advisor reassures me that it is a favorable time to continue investing … Read more
Retiring early at 45 or 50 may sound ideal, but financial expert Gurmeet Chadha, CIO at Complete Circle, warns that most people underestimate the financial risks. “With life expectancy increasing, u will have to depend on your portfolio for 30 years plus n keep catching up with inflation,” he cautioned in a post on X. … Read more
“There was an expectation that third quarter will be slightly better than first half. In the first half, if you remember, Nifty has shown a growth of about 3.5% on a year-on-year basis,” says Harsha Upadhyaya, CIO-Equity, Kotak AMC.First up, give us a sense of how quarter three has shaped up overall. What are you … Read more
Union Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Budget session of Parliament, in New Delhi, Thursday, Feb. 13, 2025. | Photo Credit: PTI Food prices are expected to be under control in the coming year, going by advance estimates of crop output, but the government will keep monitoring prices and act … Read more