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ANNUITY PLAN
First-ever full toll suspension: Expressway develops defects weeks after opening; NHAI bans concessionaire for 3 years, seeks Rs 42 lakh daily compensationNHAI PNC Infratech Ban: Following the inauguration of the Kanpur-Lucknow Expressway, significant defects were reported, prompting the Natio...- He trusted Canara Bank for 31 Years, then was sold a life insurance plan that pays at age 93; IRDAI orders Rs 4 lakh refund and ₹1 crore fine for mis-sellingIRDAI has imposed a ₹1 crore penalty on Canara HSBC Life Insurance Company over the sale of a deferred annuity policy to an 88-year-old cus...
- Is senior living worth the cost? Financial trade-offs seniors and families need to consider before making the moveAs families shrink and longevity rises, senior living offers independence, companionship and security. But the comfort comes at a real cost.
- Sumadhura Group to invest Rs 17,000 crore in developing 45 million sq ft in four yearsSumadhura Group plans a Rs 17,000 crore investment for 45 million sq. ft. development. This includes 35 million sq. ft. of residential proj...
- ₹1 crore penalty on Canara HSBC Life Insurance Company over mis-selling of a deferred annuity policy to an 88-year-old senior citizenAn 88-year-old was sold a deferred annuity policy despite age restrictions, leading to a Rs 1 crore penalty for Canara HSBC Life. IRDAI fou...
- Global Fintech Fest 2026: PFRDA plans inflation-linked bonds to offer inflation-protected pension returnsIndia's pension regulator is developing innovative bond issuances for inflation-protected returns. Guidelines for these new products are ex...
- After two-year slowdown, national highway project awards fast-trackedNational Highways Authority of India is accelerating project awards for the upcoming fiscal year. Seventy-two percent of identified project...
- Railway stocks: Over 2 years of correction; time to relook without bias? 7 stocks with downside to upside potential of -28% to 32%A sector-wide correction usually does one job. It takes the froth off and leaves the good businesses standing where they should be. The two...
- EPF vs NPS: Rs 10,000/monthly investment in each; where you may get a higher retirement corpus?The National Pension System (NPS) and the Employee Provident Fund (EPF) both serve unique purposes for retirement planning. The ultimate fi...
- NPS retirement income: 5 types of annuity; which one is right for you?
- The UK pension pot question: Why 2026-27 is the year to decideStarting April 2027, UK pension pots will be subject to inheritance tax, prompting a reevaluation of legacy planning strategies. For Indian...
- National Highway builders bat for BOT annuity model to avoid zero-bid scenarioThe National Highways Builders Federation said the current BOT (toll) model exposes private developers to an unacceptably high level of ris...
- In 1787, William Smith began mapping England as a surveyor’s assistant; 28 years later, his travels produced the first geological map of an entire country, only for him to land in debtors’ prisonIn 1787, William Smith began mapping England as a surveyor’s assistant. Twenty-eight years later, his endless travels produced the world’s ...
- Cabinet clears Rs 13,041 crore rail & road projects; Howrah-Chennai line to be quadrupledThe Union Cabinet approved five infrastructure projects totaling Rs 13,041 crore. Four railway projects will enhance capacity on key easter...
- Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...
- NPS choices for NRIs explained: Can NRIs invest in Tier II NPS accounts? Check rules and investment optionsFor Non-Resident Indians, establishing a retirement corpus back home is simplified with the National Pension System. NRIs can open a Tier-I...
- Road ministry revises model concession agreement for BOT projectsSome of the key provisions introduced in the revised model concession agreement (MCA) include the buyback option, revenue support to conces...
- LIC weighing plans to invest in health insurance, fintech: R Doraiswamy, CEO, LICLIC said the government’s ₹31,552-crore offer for sale reflects investor confidence and helped achieve 10% public shareholding. The insurer...
- DLF Q1 Results: Profit rises 4% to Rs 794 crore; revenue declines 46%DLF Ltd has recorded a modest profit growth of four percent in the June quarter, though total income suffered a notable drop, affecting its...
- NHAI to bid out 54 highway projects worth Rs 1.80 lakh cr in FY27National Highways Authority of India plans to bid out 54 projects this fiscal year. These projects will cover 2,442 kilometers with a capit...
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