Personal Finance

Recently, in September 2018, Life Insurance Corporation of India (LIC) launched a new pension policy named ‘Jeevan Shanti’ and it has been gaining popularity ever since. Can it deliver on the promises that are mentioned on the illustrations that have been floating around? Or is it just...
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UPDATED on 10 November 2018 at 1550 to include response from CapitaWorld and SIDBI-led consortium   The Diwali gift from prime minister Narendra Modi to the micro, small and medium enterprises (MSME) sector, may well turn out to be a privacy and security nightmare for small businesses...
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When financial planners and relationship managers present an investment scheme or plan, they emphasise mainly the wealth generation aspect of the product, enough to make their clients drool.   What they often hide, or ignore, is an important component—inflation. Money inflation is an...
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Following strong protest and criticism, Satya Pal Malik, governor of Jammu & Kashmir, has cancelled the state employees' group mediclaim health insurance scheme, a contract of which was awarded to Reliance General Health Insurance Company Ltd. The insurer however claimed that it had not...
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The Insurance Regulatory and Development Authority of India (IRDAI) has asked Life Insurance Corporation of India (LIC) to submit a comprehensive response on 'serious' allegations made by Moneylife Foundation in a memorandum on how the Jeevan Saral policy has rampantly mis-sold with the claim...
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