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HDFC Life Q1 results: Profit after tax surges to Rs 478 crore, AUM crosses Rs 3 lakh crore
HDFC Life's Q1FY25 results saw 31% YoY growth in individual APE, total assets at Rs 3,10,244 crore, Rs 478 crore PAT, 18% VNB growth, Rs 3,722 crore bonus to shareholders, and 13.9 million lives covered. India's insurance penetration is low compared to the US Thailand and Singapore, necessitating the need for insurance penetration, especially since India's insurable population will hit 1 billion by 2035.
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2 mins read
AMFI Data: Debt funds see major outflows, thematic cap funds attract Rs 22,351.69 crores in June 2024
Liquid funds saw the maximum outflows of Rs 80,354.03 crores. This is generally attributable to in…
3 mins read
Our 2 kids co-sleep with us. We never turn them away.
Our two kids co-sleep with us. They start the night in their rooms, but always end up in our bed. W…
Bethaney Phillips
3 mins read
Decoding Form 16: How do you file your taxes if you don't get Form 16?
While you can still download Form-16, there's another, manual way to figure out your tax liability.…
4 mins read
Budget 2024: Here's what India's elderlies want
If any amount you receive from NPS is reinvested in the annuity plan, it remains tax-exempt. Howeve…
3 mins read
Budget 2024: Increase standard deduction, exemptions and more, an aam aadmi's wishlist
Note that unless you specifically opt for the old regime, the new tax regime is considered as your …
3 mins read
My adult daughter still lives at home with us. She saves money on rent, and we get to see her more — a win-win.
While attending college, my adult daughter is living at home. My wife and I get to spend more time …
Noah Berlatsky
2 mins read
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
3 mins read
ITR filing: Documents you need to file your income tax return
If you've paid premiums for a life or health insurance policy during the year, or invested in ELSS…
4 mins read
I was a single mom on a budget. I couldn't afford summer camp for my son, but I still made sure he enjoyed his time off school.
I was a single mom on a budget and got creative while my son was on summer break. I made sure he go…
Ashley Archambault
2 mins read
Dogs, coconuts and monkeys: Insure your vehicles from their mayhem right now!
Digit Insurance, backed by Virat Kohli, reported paying out Rs 1.68 crore in claims for over 1,500 …
2 mins read
Flexibility, salary key jobseeker parameters for new roles in India: Report
Indian workers expect higher salaries to offset their living expenses, in addition to feeling value…
2 mins read
People say you'll regret not having kids. I don't, but I wish I had done something special to honor my decision.
I don't regret my decision to be child-free. But I wish my husband and I had done something special…
Louisa Rogers
3 mins read
My husband was 40 and thought he didn't have the energy for another baby. But when I ended up pregnant, he was thrilled.
My husband didn't think he wanted another baby. Then, I learned I was pregnant. He was thrilled. Be…
Melissa Noble
4 mins read
My husband was a stay-at-home dad for a year. I learned about the double standards that exist for working dads and moms.
My husband was a stay-at-home dad for a year while I was the breadwinner. Here are the lessons we l…
MaryLou Costa
3 mins read
Here’s how your life insurance plans are set to change
IRDA has brought forth many changes for life insurance products, in a bid to make them more custome…
4 mins read
I'm an only child who was raised by my grandmother. My childhood was lonely, but I'm still choosing to be child-free.
I'm an only child and my grandmother raised me. Childhood was lonely, but I choose to be child-free…
Marissa Higgins
3 mins read
Our child has 2 households. Here's how we navigate the differences in rules.
We have different rules for our child than my partner's ex. Here's how we navigate coparenting with…
Cassie Parks
4 mins read
I'm much older than my 2 siblings. I helped raise them, and now, I don't want kids.
I helped raise my younger siblings, and I love them dearly. But it also showed me I don't want to h…
Hayley Folk
3 mins read
Blue skies, bold investments: Pleasant weather drives investors to buy more high-risk stocks, study finds
Imagine waking up to a sunlit morning, where the sky is painted with vibrant hues of blue and the a…
3 mins read
I only speak to my kids in Spanish. When they started talking, they were already bilingual.
I'm from Argentina and live in the US. I only speak to my kids in Spanish and they are bilingual at…
Conz Preti
4 mins read
I was a millionaire by 30 and retired at 36. I outsource many parenting tasks I don't enjoy, but you don't have to be rich to do the same.
Christine Landis is a parent and a millionaire. She outsources parenting tasks to save time and ene…
Kelly Burch
1 min read
Sebi launches Saa₹thi 2.0 mobile app on personal finance for investors
The app includes financial calculators and has modules that introduce and explain KYC procedures, m…