IRDAI extends window for feedback on proposed insurance distribution reforms — check new deadline
IRDAI extends window for feedback on proposed insurance distribution reforms — check new deadline
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Axis Credit Card rules change next week: These new charges and reward rules take effect from this date
Axis Bank has announced a series of changes to its credit card terms and conditions, which will come into force on 28 August 2026, affecting charges on certain international transactions, late payment fees, reward benefits and the adjustment of partial payments. Using an Axis Credit Card? New rules take effect August 28 One of the…
Protect policyholders’ life savings: BJP MP writes to PM Modi, moots backup plan for insurer bankruptcy
Bharatiya Janata Party (BJP) Rajya Sabha MP Ajeet Madhavrao Gopchade has urged Prime Minister Narendra Modi to introduce a statutory protection mechanism for individual insurance policyholders in case a life insurance company becomes financially distressed, insolvent or bankrupt. In a letter dated September 25, 2026, Gopchade proposed establishing a dedicated policyholders’ protection framework, with separate…
George Goodman’s investing wisdom: Why sometimes the best move is to do nothing
In an age of instant trading, algorithm-driven investing and constant market updates, legendary market commentator George Goodman believed that one of the hardest, and often most rewarding decisions an investor can make is to simply sit tight. Writing under the pen name Adam Smith in his classic 1968 book ‘The Money Game‘, Goodman argued that…
The EPF reform gives employers a chance to rethink retirement architecture
The recent EPF reform has brought renewed attention to an aspect of the Employees’ Provident Fund that had long been overlooked. While the statutory mandatory contribution has always been linked to the prescribed wage ceiling of ₹15,000 ( ₹1,800 per month), many organisations continued contributing a flat 12% of higher wages for both employers and…
Sebi plans to ease many SME IPO rules, lower application amount
Mumbai:The capital-markets regulator on Wednesday proposed an overhaul of rules governing initial share sales by small and medium enterprises (SMEs). The proposals include halving the minimum application amount, scrapping compulsory market making, and easing underwriting needs to help reduce the cost of raising capital. The Securities and Exchange Board of India (Sebi) has proposed lowering…
Senior Citizen Savings Scheme: Can you invest ₹50 lakh in SCSS? Here’s what investors need to know
Have you retired with a tidy ₹50 lakh corpus? Do you plan to park these funds in a completely safe, government-backed and high-paying investment scheme? Your first instinct might be the Senior Citizen Savings Scheme (SCSS). This popular scheme offers one of the most lucrative interest rates for senior citizens. But can it actually accommodate…
