Senior citizens in India get higher interest rates, tax concessions and discounts on travel and utilities—but with retirement largely self-funded, building a sufficient corpus remains crucial.
The Employees’ Pension Scheme (EPS) is designed not only to provide a pension after retirement but also to offer financial protection to an EPF subscriber’s family members. The scheme includes provisions for spouses, children, nominees, and even dependent parents, subject to specified conditions. Here are five important family benefits available under the EPS Scheme: 1….
For many mutual fund investors, adding another scheme to their portfolio feels like a simple way to spread risk. But owning a larger number of funds does not necessarily mean owning a more diversified portfolio. In fact, investors can hold several schemes while remaining heavily exposed to the same stocks, sectors or market-cap segments. Experts…
A finance commentator known as Seb’s FIRE Journey has sparked debate online. He questioned assumptions that early retirement would prove boring. His post quickly attracted thousands of views and numerous replies. He compared this to a typical corporate life. He added a gruelling commute home to this. “You think early retirement will be boring? Try…
ET Intelligence Group: Vedanta and Vedanta Aluminium Metal have staged a strong financial performance in their first quarter after demerger, helped by buoyant commodity prices. The two companies are stepping up investments to drive future growth, with combined capital expenditure of nearly ₹12,000 crore planned for FY27. They currently trade at lower valuations compared with…
Mukesh Ambani-owned Reliance Industries and Jio Financial Services have announced dates for their June-quarter earnings, setting up two key results from the Reliance group next week. Reliance Industries said its board will meet on Friday, July 17, 2026, to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30,…
On average, income plus arbitrage funds gained 5.7% over the last year through 11 August, according to Value Research. In comparison, money market debt funds are up 6.22% on average, short-duration debt funds are up 5.33%, while corporate debt funds are up 5.43% over the period. Arbitrage funds, which are relatively lower risk hybrid funds,…