Mis-selling of policies through banking channels is resorted to more by private sector insurers. Both RBI and IRDAI must step up to protect investors A December 12, 2023, Insurance Regulatory and Development Authority of India (IRDAI) draft has caused a 3-6 per cent fall in the stock prices of major listed life insurance firms in...
The year 2024 is likely to see a continuation of the trend of volatility, uncertainty, confusion and ambiguity — the VUCA world seems to be here to stay. General elections in two of the world’s largest democracies, India and the United States (US), two ongoing wars, a global financial sector that some say is teetering...
The IRDAI has taken a baby step to potentially reduce the costs for a policyholder when she surrenders the policy earlier than the maturity period The insurance regulator’s December 12 draft on product regulations has led the life insurance industry, which had an annual premium collection of almost ₹7 lakh crore in the financial year 2021-22 to go...
Hello! My blog hopes to empower you on your money journey. Each week I will decode, demystify and mark a trend that has to do with your money life. The format is one explainer and three questions answered. Write to me at mailme@monikahalan.com with questions you would like answered or things you want explained. Or...
Hello! My blog hopes to empower you on your money journey. Each week I will decode, demystify and mark a trend that has to do with your money life. The format is one explainer and three questions answered. Write to me at mailme@monikahalan.com with questions you would like answered or things you want explained. Or...
Data released by the Income Tax Department last week had some points of headline news, but hidden in the pdfs were stats that, when analysed, show the growth roar of the Indian middle class. The headline numbers map the rise in income tax returns which have more than doubled starting financial year 2011-12 and ending...
Sharjah International Book Fair 2023 | Event | News Monika Halan, a revered Indian personal finance writer, speaker, and TV personality, will be gracing the Sharjah International Book Fair 2023. Her participation in this prestigious event is a testament to her expert insights in money management and investment strategies. Monika Halan’s expertise empowers individuals...
In praise of growth that lifts all the boats | Hindustan Times | Article There is no evidence that suggest that India’s economic growth has furthered inequality. The argument that India’s growth is at the cost of equality is heard across the world in the plush rooms of the elite. It is also heard...
Money Wrinkles Must not Mar your Old Age | Hindustan Times | Article Elderly individuals in India, with substantial property holdings, are vulnerable to scams, family disputes, and financial exploitation. To protect themselves, they should maintain open communication with family and communities, opt for conservative financial strategies, and beware of fraudulent schemes. Read...
Super book Review | Business Standard | Let’s Talk Mutual Funds Read here