Personal Finance

After stories involving builders like DLF and the Vatika group in tussles with consumers over delays and refunds, it is time to look at consumer rights in the home building business.

Insurance forms a vital part in your financial planning goal as it addresses the critical aspect of security for your family. As a concept you should have it in order to financially secure the life of your dependents after you.

Most of the life goals are common to individuals -owning a house, a car, child’s education and marriage and retirement planning. However, individuals have their own income streams and needs and desires to be fulfilled and it pays to think through the issues.

Most investors find it hard to understand why share prices are tumbling in an economy that is nowhere near recession. Across the country, investor wealth has reduced by Rs 37 trillion because of the sharp fall in share prices from their January peak. Here’s a closer look.

As a storm of rumours – that the global financial meltdown had caused a liquidity crunch in India’s largest private bank – raged around ICICI Bank, it sent an SMS to depositors on Saturday, assuring them that their money was secure.

The Reserve Bank of India (RBI) has issued guidelines paving the way for subscribers of mobile-banking services to send and receive up to Rs 5000 a day through their phones. The guidelines also allow customers to carry out transactions of up to Rs 10,000 on purchases of goods or services through their mobiles.