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Financial Planning: Malhar Majumder
I am 52, and have recently sold my business, the proceeds from which I want to invest. My children are in their final years of school. So, my priority is to plan for their future . I also have two commercial properties, which I have not let out. I have two life insurance policies, for which I pay Rs 72,000 annually. Please help. Estimate the annual cash outflow for your children’s education and

Irda likely to strengthen insurance ombudsmen

Insurance ombudsmen may soon be allowed to deal with the grievances of individual consumers involving claims higher than the Rs 20 lakh permitted at present. The scope may also be increased to

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Honesty is the best policy

Tata Salt is taking its positioning as ‘desh ka namak’ a step forward, emphasising the role of mothers in nation-building by inculcating values of honesty in their children. In this

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ICICI Pru Life to use multiple CEOs to drive profitability

ICICI Prudential Life Insurance has created a new formula to drive profitability and growth in the organisation, an integrated geographic structure. This change from a vertical structure to a

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Covering life, health is not all

What comes to your mind first when you hear the term 'insurance'? Most would say Life Insurance Corporation. Some others are aware only about cover against the risk of death or life insurance and

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Spain's Bankia asks for $24B in state aid
Spain's troubled bank, Bankia, has asked the Spanish government for €19 billion ($23.8 billion) in financial support just as a leading credit rating agency downgraded it to junk status.

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