The recent Securities and Exchange Board of India (Sebi) warning of a potential bubble in several small-cap stocks had taken some gains off a market that the regulator believed was getting overheated. Retail investors who had looked at the substantial returns in some small-cap funds and stocks over the past year and had rushed in...
The Insurance Regulatory and Development Authority of India (IRDAI) has announced the final set of surrender charges in non-linked or linked life insurance products — traditional endowment policies. These charges are going to be effective from April 1, 2024. The move is in favour of the life insurance companies in India. According to the latest regulations set by...
The interim Budget 2024 has few policy announcements. Given the coming elections, a work-in-progress budget is better than a freebie laden one. he average middle-class person has two expectations from the budget. One, to get a lower tax burden and two, to see proposals that lead to lower inflation. In Budget 2024, being an interim...
Investing in the stock market for the long term is safe and rewarding, says Monika Halan, a prominent personal finance writer and television personality. In a conversation with businessline, at the HinduLitForLife event here today, Monika took the hypothetical case of “the unluckiest investor” to illustrate her point. Read More
Mis-selling of policies through banking channels is resorted to more by private sector insurers. Both RBI and IRDAI must step up to protect investors A December 12, 2023, Insurance Regulatory and Development Authority of India (IRDAI) draft has caused a 3-6 per cent fall in the stock prices of major listed life insurance firms in...
The year 2024 is likely to see a continuation of the trend of volatility, uncertainty, confusion and ambiguity — the VUCA world seems to be here to stay. General elections in two of the world’s largest democracies, India and the United States (US), two ongoing wars, a global financial sector that some say is teetering...
The IRDAI has taken a baby step to potentially reduce the costs for a policyholder when she surrenders the policy earlier than the maturity period The insurance regulator’s December 12 draft on product regulations has led the life insurance industry, which had an annual premium collection of almost ₹7 lakh crore in the financial year 2021-22 to go...
Hello! My blog hopes to empower you on your money journey. Each week I will decode, demystify and mark a trend that has to do with your money life. The format is one explainer and three questions answered. Write to me at mailme@monikahalan.com with questions you would like answered or things you want explained. Or...
Hello! My blog hopes to empower you on your money journey. Each week I will decode, demystify and mark a trend that has to do with your money life. The format is one explainer and three questions answered. Write to me at mailme@monikahalan.com with questions you would like answered or things you want explained. Or...
Data released by the Income Tax Department last week had some points of headline news, but hidden in the pdfs were stats that, when analysed, show the growth roar of the Indian middle class. The headline numbers map the rise in income tax returns which have more than doubled starting financial year 2011-12 and ending...