The most pervasive, yet financially hazardous, career advice given to young professionals is to “follow your passion, and the money will follow”. It sounds inspiring on a poster, but in an Indian economy defined by intense competition, rising costs and limited state-sponsored social security, turning an unproven passion into your primary source of income is a high-stakes gamble, especially for a middle-class household.
Patanjali Foods, ICICI Prudential AMC, IREDA, NMDC and Oil India saw the highest net selling by mutual funds among midcap stocks in June, according to a Motilal Oswal Financial Services report.
Cardiac treatment can quickly turn into a significant financial burden, particularly when a patient requires an advanced procedure or emergency surgery. Yet, having health insurance does not necessarily mean that the entire hospital bill will be covered. Policyholders need to look beyond the overall sum insured and understand whether their policy specifically covers advanced cardiac…
While a consistent monthly paycheck manages routine bills and lifestyle choices, true financial security hinges on handling sudden income disruptions or major emergencies. In a LinkedIn post, certified financial planner Vijay Maheshwari highlights three non-negotiable foundations for working professionals: an emergency buffer, comprehensive medical cover, and systematic mutual fund investments. Each serves a distinct purpose—offering…
Gold and silver prices: The price of the yellow metal in India’s retail market rose on Tuesday, 25 August, amid ongoing uncertainty over the US-Iran conflict in the Middle East. The Trump administration on Monday announced a plan to isolate Iran’s economy by threatening to impose secondary sanctions on the ‘enablers’ keeping the Islamic Republic…
Kolkata: Gold loan non-performing assets (NPAs) for non-banking financial companies (NBFCs) are likely to rise with the lenders making a structural shift from bullet payments to monthly installment schemes, while the overall market is projected to grow over 30% in the next two years to Rs 30 lakh crore by March 2028, analysts with ICRA…
New Delhi: ITC on Friday reported a 27% fall in standalone first quarter net profit from a year earlier, as record taxation on cigarettes weighed on the conglomerate’s core cash cow and the West Asia crisis hurt its agri-business exports. The Kolkata-based company posted a net profit of ₹3,578.82 crore for the quarter ended June….