Finance

The benefits of taking an education loan and the need to strike a balance

A student loan would obviate the need to disturb your own investment portfolio and help preserve your financial goals, including retirement plans. Photo: ThinkStock Education is expensive, be it in India or overseas. However, as a parent, you are always in a quandary whether to tap into your savings or avail an education loan. In India, good quality higher education ... Read More »

AYE Finance raises Rs 147 crore via fresh round of equity funding

CapitalG’s access to Google expertise in scaling businesses using analytics and technology will strongly supplement our approach. Non-banking financial company AYE FinanceNSE -0.08 % has raised Rs 147 crore (USD 21.5 million) in a series C equity funding from CaptialG and existing investors to fund its business growth. Apart from CaptialG (formerly Google Capital), the existing investors SAIF Partners and LGT have infused equity in this ... Read More »

Family Finance: Why Dave has to stagger some goals for now

Bharuch-based Daves will have to wait for a rise in income to be able to invest for all the crucial goals Hardik Dave stays in Bharuch, Gujarat, with his homemaker wife and three-year-old child. He brings in a monthly salary of Rs 86,500 and stays in rented accommodation. After considering household expenses of Rs 38,700, child’s education expense of Rs ... Read More »

Venmo COO discuss cryptocurrencies and the future of finance

[The stream is slated to start at 11:00 a.m. ET. Please refresh the page if you do not see a player above at that time.] Michael Vaughan, COO of PayPal’s mobile payment service company Venmo, Karen Finerman, CEO and founder of Metropolitan Capital, and Founder and CEO of BKCM Brian Kelly will discuss the future of finance and cryptocurrencies at the Wharton ... Read More »

Will govt NPS hike equity investment from 15% to 50%?

As of now, private NPS allows up to 50% investment in equities directly and 75% through life-cycle based strategy; the equity limit will move up to 75% even under the direct or active choice, as per a recent board decision. Photo: iStock While the private sector National Pension System (NPS) is set to increase the equity investment limit in the ... Read More »

6 customer-friendly changes the new insurance regulator should make

Photo: Indranil Bhoumik/Mint The insurance industry, in its liberalised avatar, is young. Where large international insurers are over a 100 years old, we have been in existence for just 18. If business is a race, then these 18 years are just a start off the block. But what a start it has been. Between 2000 and 2005, the basic regulatory ... Read More »

Term of the day: Insurance persistency ratio

Photo: Indranil Bhoumik/Mint In life insurance, persistency ratio is an important metric to track as persistency is a key driver of profitability for an insurer. In insurance parlance, policy retention is known as “persistency” and “persistency ratio” measures how long customers stay with their policies, by looking at the number of policy renewals year after year. The ratio is measured ... Read More »

Best Directories With Forex Companies

What is a forex brokers directory? A forex directory is a website that contains lists of outstanding forex traders, forex trading brokers, and forex trading tools that are beneficial to forex traders. These forex directories are organized in a specific order and are commonly made up of names, addresses, contact phones and any pertinent details of such individuals or organizations ... Read More »

Having too many funds, and some of them laggards

In April-May 2017, Mint had surveyed 19 financial advisers to know some of the biggest mistakes investors make (read them at bit.ly/2p2Va8U and bit.ly/2qxzhgG). Over the next few weeks, we will talk to more advisers about these mistakes (read about them at: www.livemint.com/investor-mistakes). Vinod Jain, principal adviser, Jain Investment Planner Pvt. Ltd, a Mumbai-based distributor of financial products, talks about his experiences. Mutual funds by the ... Read More »

Key money lessons for Rahul Dravid

Former Indian cricketer Rahul Dravid. Photo: Reuters LATEST NEWS » Why there’s a need to revive Tamil Nadu’s federalism advocacy Exfinity Venture Partners invests $2 million in US-based AgShift France’s Nicolas Sarkozy told he is suspected of taking Gaddafi election money Railways nod for Rs493 crore project to ease traffic mess in Bengaluru AAP govt’s sops for using environment-friendly fuel ... Read More »