India’s pension system is getting better at helping people save for retirement. But for older informal workers with little pension income, reverse mortgages could turn home equity into a financial lifeline.
A property dispute over 79 square yards of land in Ludhiana between two sisters is grabbing people’s attention. The matter went to the Supreme Court after the Punjab and Haryana High Court ordered in favour of the older sister. The issue allegedly stems from a six-room house which is owned by a widow who adopted…
With investors increasingly relying on AI (artificial intelligence) for everything from portfolio management to mutual fund selection, financial advisors frequently get asked, “Why pay a financial advisor when AI can do it for free?” But a quick test of these chatbots revealed a glaring problem, said Mrin Agarwal, financial educator and chief executive of Finsafe…
When equity markets deliver strong returns, it can be easy for investors to start treating those gains as a new baseline. But history suggests that very high returns are not what investors experience most often. In an X post, Niranjan Avasthi, President at Edelweiss Asset Management, highlighted the importance of keeping return expectations realistic. “When…
Your first crore can feel like a distant dream. But once your investment grows, the next crore can arrive much faster. A simple example shows how this happens. Example 1: Lump sum investment Suppose you invest ₹30 lakh as a lump sum for 30 years. This means investing the entire amountat the beginning. You add…
You have a job, and you often toy with the idea of forming a startup. Well, starting a business starts with questions about ideas, customers and company registration. But another question deserves attention first: Can you afford a startup? Rajshree Jhawar, QPFP®️ of ArthaSarathi, advises founders to prepare their finances first. Your business needs money,…
Shares of KEI Industries rallied 6.77% to Rs 5,363.20 during Tuesday’s trading session after the company reported a robust performance for the first quarter of FY27, driven by strong demand in its wires and cables business, improved operating efficiency, and margin expansion. The company posted a 40% year-on-year (YoY) growth in consolidated net profit, which…