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How Educational Inflation can harm your child's future - (A)

What is the first thing that comes to mind when inflation rises? Fruit and vegetable prices? Maybe fuel costs too. While discussions about the cost of lemons, tomatoes, and potatoes have been all the rage, there are other areas where inflation has consistently affected over time. The cost of education is one of those areas …

Crypto Investors - How to Avoid the Carpet Pull - (A)

Blockchain technology brought together the security of cryptography and the accessibility of the Internet and promised to revolutionize the way the world conducts financial transactions. Central banks and other intermediaries such as banks would not be necessary, and the information would be stored securely, preventing other users from adding, deleting or modifying it. Still, the …

Simplify term life insurance claims for your family while you're away - (A)

Term life insurance is a crucial step in ensuring the financial well-being of your family members when they can’t trust you. If the worst were to happen, it would be an emotionally frightening time for his family. However, the complaint procedure should be started as soon as possible. It is true that the claim process …

Four financial products every women should invest in - (A)

It is common for women to assume that their income is secondary or meant to be spent/used on expenses/EMI. But what they forget is that this will not leave them with much money or assets in their name. This is not an ideal situation. With limited resources, women must focus on a few key financial …

It's a mistake to withdraw your body from the employee provident fund - (A)

Are you planning a career change? Why not withdraw the savings accumulated in the EPF accounts of your employees? Withdrawing from the EPF is a relatively simple process, involving filling out a form with your personal information and giving it to your human resources colleague to complete. After a few weeks, you will receive a …

Why it pays to invest in quality stocks instead of cryptocurrencies - (A)

Vihaan, a clothing store owner in Hubballi, wanted to buy a luxury bungalow. However, he lacked the money to fulfill his dream. Impressed by the crazy profits that his friends were making with cryptocurrencies, he also decided to invest in this new digital asset to reach his goal faster. However, one morning he woke up …

LIC has over Rs 21,000 crore in unclaimed funds - (A)

Around Rs, 21,539 crore in unclaimed amount was in Life Insurance Corporation of India (LIC) at the end of September 2021, according to draft registration documents filed on Sunday. In FY21, the unclaimed amount was Rs 18,495.32 crore as compared to Rs 16,052.65 crore in FY 2020. In FY 2019, this amount was Rs 13,843, …

EPFO adds 14.12 lakh subscribers in February, up 14% on year - (A)

Pension fund EPFO said on Wednesday that it added 14.12 lakh subscribers in February 2022, up 14% from the 12.37 lakh subscribers in the same month a year ago. “Preliminary EPFO payroll data released today shows that EPFO added 14.12 lakh net subscribers in February 2022,” the Department of Labor said in a statement. Data …

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