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2 in 5 Indians yet to start retirement planning, 61% worry savings will deplete in 10 years: Survey [ad_1] The overall retirement preparedness has improved since last year, with the index rising from 44 to 47. ET Wealth analyses the third edition of the Max Life Insurance survey. Source: India Retirement Index Study 3.0. The survey was conducted by Max ...

Punjab & Sind Bank plans to raise Rs 250 crore via QIP in third quarter State-owned Punjab & Sind Bank plans to raise Rs 250 crore through share sale to institutional investors in the third quarter of the current fiscal. “The bank has got approvals for capital raising of Rs 250 crore via Qualified Institutional Placement (QIP) in the next ...

Financial Freedom: Eight steps you can take this Independence Day to achieve financial freedom [ad_1] Everybody speaks about financial freedom nowadays, but is it possible to achieve it? To find it out, you first have to understand what it is. In its truest sense, financial independence is all about reaching a stage where you have enough money to take care ...

Is it a bank holiday today in Maharashtra for Parsi New Year? [ad_1] Banks are closed in Maharashtra on August 16 on the occasion of Parsi New Year (Shahenshahi), according to the RBI bank holiday list. The Indian forex and money markets are also closed. Money market trading will resume on Thursday, August 17.In Maharashtra, banks will work only for ...

Dependence on cheap Russian crude oil will fall sharply: Hardeep Puri India’s consumption of Russian crude has soared since President Vladimir Putin’s invasion of Ukraine in February last year, ousting Saudi Arabia and Iraq from the top spots

Deposit Boom With ₹2,000 Notes May Not Last: Bankers [ad_1] (This story originally appeared in on Aug 16, 2023) MUMBAI: Currency with the public has dropped by Rs 1.56 lakh crore to nearly Rs 32.2 lakh crore as on July 28 from Rs 33.7 lakh crore on May 19. The decline has been due to RBI’s move to withdraw Rs ...

Irdai approves modification on withdrawn life insurance products The alterations are introduced to give additional benefits and flexibility to existing policyholders, ensuring they are not adversely impacted

Children from void, voidable marriages are legitimate, can claim rights in parents’ properties: SC [ad_1] The Supreme Court on Friday held that children born out of “void or voidable” marriages are legitimate and can claim rights in parents’ properties under the Hindu Succession law. According to the Hindu law, the man and woman in a void marriage do not have ...

Only 30 days left! Exchange Rs 2,000 banknotes by Sept 30; check details The Reserve Bank of India (RBI) has set a maximum of Rs 20,000 on the amount that can be exchanged for a single Rs 2,000 note till September 20

83-yr-old Woman, Not Liable To File Tax Returns, Wins Case Against Fine [ad_1] (This story originally appeared in on Aug 18, 2023) MUMBAI: An 83-year-old widow, who was not liable to file her IT return, has obtained a favourable order from the income-tax appellate tribunal (ITAT), Delhi bench. The tax tribunal set aside the penalty imposed on her for not ...