Author: Naresh Saini

In the world of finance, most people try to chase short-term profits, buying and selling based on news, trends, and emotions. But smart investors know one important secret — the biggest returns come to those who stay invested with patience and consistency. You don’t have to be a market expert to grow your wealth. You just need to invest regularly, stay committed, and give your money time to work for you. Let’s understand why staying invested is more powerful than timing the market and how it helps build real financial freedom over the long term. Power of Compounding: Small Steps,…

The recent tragic crash of Air India’s Boeing 787 Dreamliner near Ahmedabad may become the costliest aviation insurance case in Indian history. As per early estimates, the total insurance claim may go over $120 million (Rs.1000 crore), making it a record-breaking claim in the Indian aviation sector. This crash involved Air India flight AI-171, which had 241 people on board, including many high-profile international passengers. Sadly, all passengers and crew members lost their lives, along with several people on the ground. Aircraft Loss and Passenger Compensation Will Push Claim Higher Breakdown of Estimated Payout: In this case, the entire aircraft…

The Central Government has introduced a new pension plan for its employees, known as the Unified Pension Scheme (UPS). This comes as an alternative to the National Pension System (NPS). While the NPS has already in use for years, the UPS brings a mix of fixed pension benefits, family support, partial withdrawals, and most importantly, inflation protection through Dearness Relief (DR). Employees under the central government now have to decide whether they want to continue with NPS or shift to UPS. This choice must be made before the end of June 2025. The government implemented the UPS scheme officially from…

A lot of salaried people see some amount being deducted from their salary every month in the name of NPS but don’t know exactly where it goes or how to check the balance. If you also wonder how to see your NPS (National Pension System) account details, then you are not alone. NPS is a government pension scheme created to help you save for your old age. The money deducted every month from your salary is deposited in your NPS account, which earns returns over time based on the market. The good part is, this money builds up slowly and…

LIC has launched a special initiative called the Bima Sakhi Yojana, made especially for Indian women. This scheme helps them become financially independent by training them as Life Insurance Corporation (LIC) agents. Women get a fixed monthly stipend and also earn a commission on each policy they sell. Through Bima Sakhi, women can acquire new skills, earn a monthly income, and support their families. The scheme also helps LIC increase awareness about insurance in villages and small towns. Why LIC Started Bima Sakhi Scheme This scheme is not just about selling policies. LIC wants to connect with women in rural…

Many people feel unsure about starting investments at the age of 40. Some even think it’s too late. But that’s not true. In your 40s, your earnings are usually at their peak, and with steady planning, you can still create a solid retirement fund. The key is to take wise steps and avoid risky moves. If you’re beginning your investment journey now, follow these important points to make the most of your money and time. Stay Away from High-Risk Moves, Focus on Balance At 40, your goal should be safety with some growth. Don’t put all your money in risky…

Central government employees have an important retirement-related decision to make before 30 June 2025. The government has allowed them to choose between two pension options — the existing National Pension System (NPS) and the newly proposed Unified Pension Scheme (UPS). While both schemes aim to support financial security after retirement, they differ in terms of structure, benefits, risk, and flexibility. Before employees make a choice, it is crucial to understand how these two schemes work and which one fits their retirement needs better. Guaranteed Pension in UPS Offers Predictable Retirement Income One of the biggest benefits of the Unified Pension…

In today’s fast-paced work culture, the idea of retiring early is becoming more popular among young Indians. Many professionals in their 20s already dream of saying goodbye to the 9-to-5 grind by the time they turn 45 or 50. But the real question is – how many of them are preparing for it financially? According to a recent report by Grant Thornton Bharat, 43% of Indian professionals aged 25 or younger wish to retire between the ages of 45 and 55. This shows a strong desire for financial independence at an early age. However, the same report highlights a major…

Despite increasing incomes and awareness about financial planning, most Indians still rely heavily on traditional government-backed schemes like EPF, NPS, and Gratuity for their retirement. A recent survey by Grant Thornton India paints a worrying picture — many individuals have high hopes for their retirement income, but very few are investing enough to reach that goal. Most Working Indians Depend Only on Traditional Retirement Schemes Grant Thornton’s survey revealed that about 83% of Indians depend on EPF (Employees’ Provident Fund), Gratuity, and NPS (National Pension System) as their main retirement savings tools. While these schemes offer safe and reliable returns,…

The Uttar Pradesh government has started a fresh verification process for ration cards across the state. Officials are checking and removing the names of people who no longer qualify, such as those who have passed away or submitted incorrect details earlier. The government has decided to cancel these ineligible ration cards and issue new ones only to truly deserving citizens. To make sure subsidised food reaches the right people, the Food and Civil Supplies Department is now working district by district. The goal is clear—to give food benefits to the poor and needy, especially as the government is currently providing…