The government is nudging away from mutual funds that have done the right thing by Indian investors. Towards what? Ulips!
Hindustan TimesMarketsNarendra ModiPersonal FinanceFebruary 2, 2018by Monika Halan0Union budget 2018: A budget for Bharat, but middle class Indians sulk
Though finance minister Arun Jaitley’s budget has significant schemes in healthcare and the standard deduction for salaried class, the only middle class cohort to truly benefit is the senior citizen. There were few happy faces in India after the Budget speech got over, except for the senior citizens. Since we don’t have representatives of...
Expense AccountInvestmentsMoneyPersonal FinanceJanuary 29, 2018by Monika Halan0Revival and risk are the twin messages of the Eco Survey 2018
The eco survey 2018 is saying two things. One, the economy is reviving. Two, there are risks ahead. Both show up in rising stock prices and falling bond prices.
Expense AccountFinancial LiteracyMintMoneyMoney BoxPersonal FinanceJanuary 23, 2018by Monika Halan0Women fly higher when in charge of their money
How to manage money is a second order problem for women, the first one is to overcome the social and family bias against it.
Expense AccountFinancial LiteracyInvestmentsMutual FundsPersonal FinanceJanuary 9, 2018by Monika Halan0Sebi’s 3rd consultation paper is work-in-progress
We need new road rules when the traffic volume and complexity changes. Financial markets are similar. India needs to distinguish between adviser and agent for mutual funds, insurance, pensions and other financial products.
Expense AccountFinancial LiteracyInvestmentsMoney BoxPersonal FinanceJanuary 1, 2018by Monika Halan0Your money in 2018
A look in the rear view mirror to predict what lies ahead for your money in 2018
Expense AccountHindustan TimesMoney BoxPersonal FinanceUncategorizedDecember 19, 2017by Monika Halan0FRDI Bill’s bail-in clause: Two options for the government
RBI has been a poor regulator of retail customers. We are safer post FRDI than today. But given the fear, bail-in can be removed below a certain threshold. Or hard code consent in the Act.
Expense AccountPersonal FinanceDecember 12, 2017by Monika Halan0FRDI Bill is not going to hike the risk to your deposits
The FRDI Bill is about putting a process in place for financial firms as an early warning system. The government does not want to eat your deposits.
Financial LiteracyHindustan TimesMarketsPersonal FinanceRegulationDecember 12, 2017by Monika Halan0FRDI bill: Don’t worry, your fixed deposits are safe and banks cannot use them without your consent
Your deposits will be insured, just as they are today and there is an additional protection for depositors because the bail-in can be invoked, and your deposits be lost, only if you have given your consent to the bank when you signed the deposit forms. Bank deposits are the one true friend of a...
Financial LiteracyInvestmentsMoney BoxMutual FundsPersonal FinanceNovember 14, 2017by Monika Halan0Move over NPS, ETFs will eat your lunch
NPS lost the battle to a bureaucratic tinkering with product structure and costs. ETFs have come of age.