One way of understanding risk-and-return metrics of a mutual fund scheme is by using metrics which are called the “Greeks”. Even though these metrics sound academic and math-heavy, retail investors can also understand and use them to make more informed investing decisions
Rising incomes, better connectivity, infrastructure-led development and evolving buyer preferences are reshaping the real estate potential of India’s Tier II cities.
Private hospitals in Haryana will suspend Ayushman Bharat Yojana-related services for one day on September 1, 2026, to protest the delayed clearance of their payments, which has pushed them into a critical financial situation
Priority Jewels' initial public offering comprises entirely a fresh issue of 4.57 million shares aggregating up to Rs 91.50 crore
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The proceedings dropped by Sebi in its latest order originated from a show cause notice (SCN) issued in October 2024. The notice was issued following a probe into share transactions between Max Financial, Max Life, and Axis Bank between the financial year 2009 to 2022
Calculate & Plan your future with ICICI Prudential Life's retirement calculator
One way of understanding risk-and-return metrics of a mutual fund scheme is by using metrics which are called the “Greeks”. Even though these metrics sound academic and math-heavy, retail investors can also understand and use them to make more informed investing decisions
A child insurance plan can combine protection and savings, but parents should first assess their life insurance needs, financial goals and whether buying insurance and investing separately offers greater flexibility.
Gifts between siblings are generally tax-free, but the rules differ for non-relatives, while any income earned after investing the gifted money can still be taxed
India is in the midst of a major flux, and faces challenges at two opposite ends of the generation spectrum. The first is shrinking job opportunities for the youth and the second is the estimated boom in senior citizen population
Health insurance is the first defence against medical expenses in old age. Though high premiums and exclusions are a challenge for seniors, opting for certain combinations and making small adjustments can sweeten the deal. But never trade off comprehensive coverage for lower premiums
In India, most senior citizens are dependent on their family or other for maintenance as the large part of the population does not access any form of pension (see High Dependency Among Seniors). At the same time, many of them suffer from chronic diseases, whose treatment can be costly and unaffordable for the dependent segment (see Threat Of Chronic Diseases). Lack of health insurance and non-hospitalisation expenses (which are, typically not covered by standard health policies) are resulting in high out-of-pocket expenditure and contributing to high indebtedness (see Lack Of Cover Leads To Indebtedness).
The Ayushman Bharat Yojana provides a cover of Rs 5 lakh to those above 70 years, irrespective of their health condition and socio-economic background, but that solves only part of the affordability problem
Vibha Padalkar, MD and CEO of HDFC Life Insurance, talks about why insurance penetration is still low in India, why seniors end up buying the wrong insurance product, the innovations we can expect in the future and how frequent regulatory changes can deter the flow of foreign money in the industry. Edited excerpts from an interview with Nidhi Sinha, Editor, Outlook Money
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