The NRI guilt trap: why high salaries abroad don't always create wealth
Many NRIs earn in dollars but struggle to build wealth as family obligations, emotional guilt and social expectations drain savings and delay financial independence.
Many NRIs earn in dollars but struggle to build wealth as family obligations, emotional guilt and social expectations drain savings and delay financial independence.
Shares of Hindustan Copper dropped around 3% on Thursday, with the stock overall losing around 6% in three sessions as the government concluded its offer for sale in the metals major, which saw strong investor interest. Hindustan Copper shares fell to Rs 541.20 apiece on Thursday. The company on Monday had announced that the government…
If you think the biggest risk to your retirement corpus is whether it will withstand inflation, you may be in for a surprise. While most investors assume that a random figure, say ₹1 crore, is enough to sustain them after they retire, they often tend to overlook the amount’s longevity. India’s life expectancy has increased…
Should you top up your existing SIP or start a new one? A ₹25,000/month SIP with a 10% annual top-up can grow to ₹84.35 lakh in 10 years, vs ₹56.01 lakh without one. Experts say the right choice depends on diversification, risk profile and fund performance.
A small merchant discount rate (MDR) on select Unified Payments Interface (UPI) transactions is unlikely to have a major impact on transaction volumes, Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Wednesday after the October monetary policy review. Asked whether the introduction of MDR from 15 October could lead to a fall in…
Listed real estate firm Anant Raj Ltd will de-merge the data centre business and cloud operations under one entity before carving them out into Ashok Cloud Pvt Limited, a dedicated digital infrastructure and cloud services company that will be listed independently. Anant Raj Limited currently operates 28 MW of IT load across its campuses in…
Are you looking to renew your health insurance policy? Do you know that when renewing your health insurance policy, it is vital to recheck several fundamentals of your policy to ensure you are adequately protected, that the policy still adds meaningful value to your life, and that it provides the health protection you need? This…