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Monday, February 27, 2017

Traditional life insurance plans offer poor returns and low risk cover, best to avoid them

THE ECONOMIC TIMES
Tue, Feb 28, 2017 | 06:33 AM IST

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WHAT'S HOT #sukanya samriddhi yojana calculator, #critical illness,#taking a personal loan,#tax saving,#the how to of investing
Traditional life insurance plans offer poor returns and low risk cover, best to avoid them
ET Wealth looked under the hood of 10 such traditional plans and found that the average return in them was barely 4.8 per cent.
Should you accept a buyback offer for your shares? Here's how to evaluate
While buybacks could be an effective option for companies, as they are not taxed on the repurchase of their shares, you need to understand your tax liability.
Why credit risk in debt MFs is higher than interest rate risk
Credit risk is a risk of loss of capital, whereas interest rate risk is a volatility risk. Investors should not go after higher yields by reducing credit quality.
From our Partners
Rise of direct plans of mutual funds
Ever since the Securities and Exchange Board of India (SEBI) introduced the game-changing alternative of direct plans in mutual funds there has been a significant rise in the portfolios switching to and investing in this option.
From our Partners
Get a Home Loan at 4%* at Ananta by Omkar, Goregoan East
Are you prepared for a poor salary increment?
The slowdown in funding to companies for expansion and demonetisation is expected to impact the profitability and hence, employee appraisals.
Did Union Budget 2017 help in job creation?
Most professionals feel the focus on education and skill development will help resolve the problem of unemployment. However, results will be gradual.
Should you reverse mortgage your home in wake of fall in interest rates? Find out
It is, in a way, a mirror image of home loans, where an individual takes a lump sum loan and repays it through instalments.
Invest in few simple products, avoid complicating portfolio to achieve financial goals
When it comes to savings products, simplicity is not just a useful characteristic, it is absolutely mandatory.
From our Partners
Why term insurance is important to cover all home loan risks
It's important to cover home loan liability and not let the burden fall on family members in case of an eventuality. Here's a look at all the major risks and how to cover them effectively.
From our Partners
Union Budget 2017 - Impact on Real Estate in India
For his Budget 2017-18 announcements, Arun Jaitley, the Finance Minister, has been given a big thumbs-up by the Indian real estate sector.

Financial Calculators

Tax Impact Calculator
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This tax calculator will let you know how your tax liability changes post-Budget 2016. Just input your personal income details and know how much tax would now be payable.
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Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy.
5 stocks that destroyed Rs 1,78,427 crore over last 10 years

Among the most popular stocks a decade ago, these today rank among the biggest destroyers of shareholder wealth.

Why you should not include parents in medical insurance floater policies

The premium for family floater is based on the age of the oldest member. Hence, including elderly parents in the floater plan will mean paying a higher premium.

Nuggets of wisdom from legends to help you in your career

From discipline in daily routine to extreme training, among many other things, a successful leader leads by setting an example.

What should be the duration of a term insurance plan?

The duration of term plan solely depends on when you see yourself accomplishing your major financial goals. If it is 10 years, you require a term plan for 10 years only.

Financial products need to be simpler to enable quick decision making

People perceive fine print to be complex. Fluency is high when a product has a simple name in contrast with the long technical names of most financial products.

MF Portfolio Doctor: Gadiyar should cut risk by shifting to large cap funds for medium term goal

Portfolio Doctor will help you analyse the performance of your mutual funds and their suitability for your financial goals.

Four steps to join the National Pension Scheme

One need not be a government employee to join the NPS. Any Indian citizen between 18 and 60 years can become its subscriber.

Smart things to know about why health cover claims get rejected

The health insurance policy is renewable provided you pay the premium within 15 days of expiry date after which it lapses.

Tax Optimizer: Why salaried Verma should get employer to stop HRA to save tax

Taxspanner estimates that Sujeet Verma can reduce his tax by more than 50 per cent if his salary structure is tweaked a bit.

HDFC Capital Builder Fund: Healthy long-term track record

With a 10-year return of 13.98%, this fund has outperformed both the category average (11.69%) and the benchmark return (8.66%).

Stock pick of the week: Why Kajaria Ceramics is a long term growth story

Excessive correction in the counter, increasing market share, bright sectoral prospects, and reducing debt have made Kajaria analysts' top pick.

Family Finance: Starting to save early, high surplus to help Bengaluru-based Kumars meet goals

Here's why salaried Saurav Kumar and Slagha Sreyans, 31, won't face any difficulty in meeting their long list of goals.

H1-B visa issue to get resolved soon: John Praveen, Pramerica International Investments

US equity markets will see a spike in inflows due to Trump's policies, says John Praveen, MD & Chief Investment Strategist, Pramerica International Investments.

Alternative investment returns monitor: For week ending February 22, 2017

Here's a weekly tracker of returns from alternative investment avenues such as Diamond, Precious Metals, Wine and Coin.

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News Digest: Uphaar case: Gopal Ansal moves SC for relief

THE TIMES OF INDIA
Tuesday, February 28, 2017
Today's Headlines

Uphaar case: Gopal Ansal moves SC for relief
Real estate tycoon Gopal Ansal moved the Supreme Court on Monday seeking parity in sentence with elder brother Sushil Ansal in the Uphaar fire tragedy case, that is he does not want to undergo the remaining part of his one year sentence.

Man 'eyeing' US envoy post says he's target of fake news
Chicago-based Indian American businessman Shalabh Kumar, who’s reportedly in the running to become the next US envoy to India, has denounced “fake news” as being behind recent reports targeting him in the US media.

Govt may shut down 7 lakh shell companies in war on black cash
Many of these firms had carried out high-value transactions and deposited huge amounts of cash in banks following demonetisation of high-value currency notes.

More India News»

'Note ban affected auto sales in north and west'
Withdrawal of old 500 and 1,000 rupee notes affected automobile sales in north and west India but the sales in southern region were not, said a Kotak Institutional Equities report. According to the report, passenger vehicle demand was less impacted than that of two-wheelers and commercial vehicles.

Railways partners with India Post in parcel business
The Railways will now provide space to postal department and private players to ferry their parcels in the guard's compartment of some selected trains. Railways, which earns about Rs 2000 crore a year from parcel buisness, aims to attract more parcel with the increased e-commerce activities.

RIL stock gains 5%, m-cap tops Rs 4 lakh crore
Reliance Industries Limited is the second company after TCS to cross Rs 4 lakh crore market cap mark. TCS market valuation stands at Rs 4,90,419.81 crore. The stock was the top gainer among the bluechips on both Sensex and Nifty.

More Business News»

Soon, a database of all zoo animals across the country
The Central Zoo Authority (CZA), an autonomous body under the Union ministry of environment and forests, is soon going to initiate a project to tag all zoo animals to prepare a comprehensive database of animals in all Indian zoos.

Czech zoo welcomes baby Indian rhinoceros

Tiger, leopard found dead near Bhopal

More Environment News»

4 N Korean spies involved in Kim killing: Seoul
South Korea's intelligence service says four North Korean government spies were involved in the killing of North Korean ruler Kim Jong Un's estranged half brother. It also said that the involvement of the North Korean spies is evidence that the Pyongyang government was behind Kim Jong Nam's death.

Donald Trump: Different strokes

Air strike kills key Afghan Taliban commander
An air strike has killed an Afghan Taliban commander who twice oversaw the capture of a strategic northern city, officials said, in a major blow to the insurgent group. He had led the insurgents to mount several attacks in Kunduz since 2011.

More World News»

'Sarkar 3' poster: Amitabh Bachchan, Yami Gautam, Manoj Bajpayee steal the show
The poster of Ram Gopal Varma’s much awaited drama ‘Sarkar 3’ is out and is indeed intense and intriguing.

Rani Mukerji confirms comeback with 'Hichki'
She took everyone by storm with her power-packed performance as the policewoman in 'Mardaani', and then took time off for motherhood. Now, actress Rani Mukerji is returning to the big screen with 'Hichki', which she says is built on a positive response.

Video Alert: The most fashion-forward looks from the 89th Academy Awards
It was a night of glamour and high fashion at the 89th Academy Awards, with Hollywood’s biggest and brightest stars in attendance. With more than 50 shades of red, green and grey on the red carpet, the Oscar night was a fashion gala to reckon with.

More Entertainment News»

NASA may send robotic spacecraft to Sun next year

IIT Kharagpur Scientists Develop Security Technology for IoTs

Intelligent teenagers 'twice as likely to smoke cannabis'

More Science News»

'Indecision' Review System: India get 17 out of 55 calls right
He may have been a vocal advocate of Decision Review System but Kohli's dismal success ratio indicates that calling for referrals is not exactly his 'calling card'. The five-match England series against India was start of India using DRS -- something they had strong reservations during Dhoni's era.

ISSF WC: Jitu-Heena pair wins mixed event for 10m air pistol
In an event where coordination plays a key role, Jitu Rai teamed up with Heena Sidhu to finish ahead of Japan's Yukari Konishi and Tomoyuki Matsuda 5-3. Slovenia's Naphaswan Yangpaiboon and Kevin Venta were placed third.

Kohli named captain of the year at ESPNcricinfo Awards
Winners were selected by an independent jury including former cricket greats, ESPNcricinfo's senior editors, comprising Ian Chappell, Mahela Jayawardene, Ramiz Raja, Isa Guha, Sambit Bal, Courtney Walsh, Mark Butcher and Simon Taufel among others.

More Sports News»

How Indian IT companies are reworking their business models
IT companies are reworking every part of their business -- from how to win deals to how to cut costs with the help of outside consultants -- as they look to weather the perfect storm created by automation, protectionism in their major markets, and investors seeking bigger payouts.

Reliance Jio Happy New Year Offer: Vodafone not giving up the fight
Vodafone today told the Delhi High Court that it would amend its plea to challenge the two TRAI orders giving a clean chit to the free offers of Reliance JIO (RJIO).

World's most-successful investor reveals why he is betting big on Apple
Warren Buffett says he's investing heavily in Apple, believing that once consumers begin using the company's products they aren't likely to stop.

More Technology News»

Despite opposition Stephen's decides to seek autonomous status
Amid protests by students and teachers, the Governing Body of the prestigious St Stephen's College on Saturday decided to go ahead with the proposal seeking autonomy for the institution.

Makarand Paranjape emerges as front runner for top post at IIAS

We want to promote innovation: Javadekar

More Education News»

Woman takes ex-girlfriend to court for posting her nude photo online

Ferry between Nariman Point & Borivli may start by October

Commuters run into 16-hour nightmare on Harbour line

More Mumbai News»

'I too will take bullet for my country,' Gurmehar tweets

Gurmehar Kaur moves Delhi Women's Commission over rape threats
Delhi Commission of Women extended security to Lady Shri Ram College student Gurmehar Kaur after she received rape threats for having spoken out against ABVP in the aftermath of violence at Ramjas College last week. Kaur registered a complaint with DCW in this regard on Monday.

Attendance at Ramjas thin
Classes resumed at Ramjas College on Monday amid heavy police presence even as a feeling of anxiety hung in the air.The number of students who attended classes was, however, much lower than usual.

More Delhi News»

Standalone pre-schools to come under government lens
The government on Monday indicated that preschools will be brought under the Karnataka Education Act, 1983, and schools teaching toddlers must register with the block education officer. A draft proposal proposes stiff penalties for schools which flout rules.

Class X student stabbed to death outside school in Bengaluru
A 15-year-old boy was stabbed to death out side his scho ol campus in Yelahanka, North Benga luru, on Mon day afterno on. A traffic policeman found N Harsha Raj lying on the ground with a chest injury near the railway bridge, about 200 metres from Yelahanka police station, around 3pm.

Act of self-defence may not get legal cover

More Bangalore News»

Third braveheart saved Alok by bandaging wound with his shirt

This evil act will only strengthen our community, says Olathe mayor

Tight security at airport as coffin arrives, govt gives healing touch

More Hyderabad News»

When heritage has no market value

HC exempts minority students from Tamil exam

Now, access FIRs at the click of a mouse

More Chennai News»

Friend goes missing, friendship grows stronger

Tale of Mahatma and his poet friend to be retold on stage

CS exams: Nine Amdavadis in top 25

More Ahmedabad News»

Yuvraj: This buffalo is worth Rs 9.25 crore
His daily diet consists of 20 litres of milk, 10 kg fruits especially apple, turnip, 5 kg green fodder and 5 kg dry straw . His routine also includes a five-km walk daily.

Will Muslim voters be ready to make small losses for bigger gains in polls?
At a chai shop near Faizabad junction, discussions on the elections veer towards the Muslim vote. Barring cab driver Azam, nobody wants to hazard a guess on whether it's getting divided between the SP-Congress alliance and the BSP.

Age no deterrent, man casts vote at 105 years
Hundred-and-five-year old Ram Sajeevan Singh cast his vote at Gandhi Inter College polling booth at Sherdeeh in Phoolpur during the fourth phase of the Assembly elections in Allahabad on Thursday.

More Allahabad News»

Bhubaneswar school with 406 kids bordering wildlife sanctuary has no boundary wall
Parents send their kids to school and feel safe till s/he remains in school.

IIMC's Odisha alumni meet held at Dhenkanal campus
The Odisha Chapter of IIMC Alumni Association (IIMCAA) organised its annual alumni meet on Sunday. The event 'IFFCO Connections 2017' took place at IIMC's Dhenkanal Campus and saw huge participation by students and alumni alike.

Govt-aided college teachers threaten to boycott plus two exam

More Bhubaneswar News»

Interstate gang that broke into eight houses in one night busted
The detection of crime branch (DCB) busted an inter-state gang of burglars on Monday and arrested one person from Bhopal.

Raids on illegal 'investment advisers' across MP

No ragging, NRI girl too sensitive: MANIT

More Bhopal News»

Punjabi varsity holds 2-day folk festival

CZA to start conservation program of 26 critically endangered animals
Member secretary of Central Zoo Authority (CZA), DN Singh said that CZA is going to initiate conservation measures for 26 critically endangered species which include snow leopard, musk deer, red panda, rhinoceros in zoos across the country; also in the works is marking of all zoo animals to prepare a comprehensive database animals in all Indian zoos. This, officials said, will be a path-breaking initiative that will help in cross-breeding, treatment of diseases and conservation of animals at global level.

Punjabis find a new Abdali

More Chandigarh News»

Here, a day at home is no less than a spa dayTata Housing
Save Tax on Your Premium u/s 80DReligare Health Insurance
Baroda Home Loans @ 8.35% pa, Low EMI of Rs 759 per LacBank of Baroda
Transforming into a leading global prospectUNSW Australia
Debt funds, good investments in volatile mktCANARA ROBECO

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