Midcap cos: An independent board will be rewarded by market

Midcap cos: An independent board will be rewarded by market

The midcap stocks on an average have run-up by over 30% in the last 3 years, almost double the rate of large-cap stocks. At the current valuation, the market is not just pricing in next year’s earnings growth, but an earnings growth cycle for the next 3 to 5 years. Valuations of some of these … Read more

Porting your health insurance policy? Here are few tips to avoid claim rejection in future

Porting your health insurance policy? Here are few tips to avoid claim rejection in future

There has been a rise in health insurance policy portability in recent times, and it can be attributed to a variety of factors, including the hikes in premiums. Many policyholders are looking for more affordable options, especially if they face steep increase in premium in their current plans. Insurers offering premium discounts attract customers seeking … Read more

I’m 37 and am investing Rs 17K monthly in LIC Jeevan Umang. I am thinking of starting an SIP in a small-cap fund. Is this the right time to invest in mutual funds?

I’m 37 and am investing Rs 17K monthly in LIC Jeevan Umang. I am thinking of starting an SIP in a small-cap fund. Is this the right time to invest in mutual funds?

I am a 37-year-old professional. I started my MF investments 4 years ago. Currently, my portfolio has Rs 3,000 in the UTI Nifty 50 Index fund and 2K in the Mirae Asset emerging blue chip fund.   The goal is wealth creation in another 7 years. Other than this I have been investing Rs 17,000 per … Read more

Here’s why insurers ask for educational background when selling term life insurance policies

Here’s why insurers ask for educational background when selling term life insurance policies

When you buy a term life insurance policy online, you may be surprised that your insurer is interested in your educational background. This may seem unusual or even invasive, but there are valid reasons why insurance providers consider this information necessary.  Pricing structures, called premium rates, are ultimately determined based on the probability and cost … Read more

India's insurance sector saw 25% rise in surrenders and withdrawals from life insurance policies in 2023

India's insurance sector saw 25% rise in surrenders and withdrawals from life insurance policies in 2023

The year 2022-23 has seen a surge in the surrenders and withdrawals of life insurance policies. It has increased by 25.62 per cent to Rs 1.98 lakh crore compared to Rs 1.29 lakh crore in 2021-2022. The jump has been attributed to several factors ranging from rise in inflation and issues related to mis-selling of … Read more

Will home buying affordability rise to a three-year high in 2024? Here's what experts say

Will home buying affordability rise to a three-year high in 2024? Here's what experts say

In the ever-changing landscape of real estate, the potential for acquiring a home may reach a better level, compared with the last three years, by 2024. Looking at market dynamics, price, affordability, and economic indicators, analysts say the prospect of homeownership appears increasingly within reach for many in the coming year. Let us further explore … Read more

Azad Engineering IPO allotment to be finalised Tuesday. Here’s how you can check status

Azad Engineering IPO allotment to be finalised Tuesday. Here’s how you can check status

The share allotment of Azad Engineering IPO is expected to be finalised on December 26. Investors received shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check … Read more

Employer-sponsored health insurance costs are expected to rise by 11% in 2024: Report

Employer-sponsored health insurance costs are expected to rise by 11% in 2024: Report

According to a new report by leading health consultancy Mercer Marsh Benefits, a part of Marsh McLennan, non-communicable diseases such as cardiovascular diseases and cancer are currently the leading causes of medical claims in India.   It also expects employer-sponsored health insurance costs in India are expected to rise by 11% in 2024—up from 9.6% … Read more

You may not have to pay high surrender charges on your insurance policy from next year; here is what Irdai proposes

You may not have to pay high surrender charges on your insurance policy from next year; here is what Irdai proposes

Abandoning life insurance policies midway through the term often results in a significant financial setback due to the high surrender costs associated with the early years of the policy. Recognising this, the Insurance Regulatory and Development Authority of India (Irdai) has proposed measures to increase the surrender value of non-linked policies in an exposure draft … Read more