Make sure you have a good portfolio in India, which can help absorb the shock of any sudden changes in foreign markets, before investing overseas. Your investments should be spread across different asset classes like PF, PPF, FD, real estate, gold, mutual funds, stocks, etc. Without a good asset allocation in your own country’s economy, foreign investments should not be considered. These investments are highly suitable for HNI investors who can invest up to 5-10% of their money abroad. … [Read more...] about Should you invest in international funds?
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This, despite the standard COVID product making it mandatory to cover co-morbidities – pre-existing ailments – if they necessitate treatment alongside COVID-19. “Co-morbidities can increase the treatment costs by a certain margin, but will not change the whole paradigm. It will not involve, say, chemotherapy or kidney transplant, which can be expensive procedures. Besides, these are limited-period, single-risk policies,” says Sanjay Datta, Head, Underwriting, Claims and Reinsurance, ICICI Lombard. … [Read more...] about Standard COVID-19 health covers with lower premiums from today
A two-percentage point lower contribution is unlikely to make a significant difference to employees, particularly those who have not faced a pay cut. It does, however, mean substantial savings for employers since they do not have to restore this amount in the future. “Employees should continue to contribute to their PF at 12 per cent. While the marginally lower contribution over three months is unlikely to make a difference for most, for those who have just started out and have 30 years or more to go before they retire, even the four-percentage drop could make some dent,” says Amol Joshi, Founder, PlanRupee Investment Services. The employer’s contribution to employees’ pension scheme (EPS) – 8.33 per cent of basic, subject to maximum pensionable salary of Rs 15,000 – will remain unchanged. … [Read more...] about Lower PF contribution of 10 percent is not mandatory, EPFO clarifies
Former senior Congressman from Madhya Pradesh and Bharatiya Janata Party (BJP) leader Jyotiraditya Scindia on July 12 took a swipe at his former party and the developments in Rajasthan in a tweet, stating that "talent and capability find "little credence" there. … [Read more...] about Rajasthan political crisis: Jyotiraditya Scindia tweets on Sachin Pilot, says ‘talent and capability find little credence in Congress’
"The guidelines have not stated that the exams have to be conducted right away, the exams have to be concluded by September end. States can devise a calendar whenever it is feasible to conduct exams in this timeline. Also, the exams can be conducted either online, offline or in blended mode. Totally doing away with exams is not a feasible situation. The UGC guidelines are binding in nature," a senior HRD Ministry official said. … [Read more...] about COVID-19: 6 states against conducting university exams, HRD says student evaluation crucial