Author: Naresh Saini

Diwali is the time when many of us focus on cleaning our homes to welcome good luck and positivity. But have you ever thought of doing the same for your financial portfolio? Like a home, your portfolio can also benefit from a thorough clean-up and reorganization to ensure it’s ready for growth in the coming year. Over time, investments can start lagging, and an unbalanced portfolio can even increase financial risks. Here are ten practical tips to help you refresh your investments this Diwali and optimize them for better returns. 1. Cut Out Underperforming Investments A good first step is…

The National Pension System (NPS), a government-backed retirement savings scheme, has become increasingly popular among investors looking to grow their funds with high returns. Over the past year, NPS Tier I equity plans have provided impressive returns, with some plans yielding as much as 38% on lump sum investments. Additionally, these funds, managed by the Pension Fund Regulatory and Development Authority (PFRDA), offer various benefits like tax savings and the security of expert fund management. Let’s explore why NPS Tier I equity plans could be an essential part of your long-term financial planning. Understanding NPS and Its Benefits The NPS…

With gold prices reaching record highs, many people are considering investments in gold. However, instead of buying physical gold in the form of jewellery or coins, there are more secure, flexible options to consider: Sovereign Gold Bonds (SGBs) and Gold Exchange-Traded Funds (ETFs). These alternatives provide a modern, risk-reduced approach to owning gold and offer advantages that traditional gold jewellery cannot match. What Are Sovereign Gold Bonds (SGBs)? Sovereign Gold Bonds are government-issued securities representing gold value in grams. Managed by the Reserve Bank of India (RBI), SGBs offer a way to invest in gold without the hassle of physical…

Diwali brings joy, but it also raises concerns about accidents and damages—especially to cars. If your vehicle gets damaged by firecrackers, you might wonder whether insurance covers such damage. Here’s what you need to know about car insurance policies, claim procedures, and reasons your claim could be denied. Types of Car Insurance Policies In India, three types of car insurance policies are available: Firecracker damage is covered under standalone and comprehensive policies, but third-party insurance won’t provide any compensation. How to File an Insurance Claim for Firecracker Damage If your car gets damaged due to firecrackers, follow these steps to…

In a recent move to support legal professionals, the Jharkhand Government has introduced a comprehensive health and accident insurance scheme worth Rs 5 lakh for advocates across the state. Following this decision, the Advocate Welfare Trustee Committee has started distributing forms to district bar associations to enable members to apply for this benefit. This initiative covers 15,000 members of the Trustee Committee, with an increasing number of advocates now taking membership to avail of this valuable coverage. The committee’s Chair, Advocate General Rajeev Ranjan, has been actively promoting the program, encouraging advocates to enroll in the scheme. Expanding Support for…

As Diwali 2025 approaches, gold has become a popular topic among investors, with some analysts predicting a surge that could see gold prices crossing Rs 1 lakh per 10 grams by next year’s festive season. In India, where gold symbolizes prosperity, many people consider it a secure, reliable investment. The recent rise in gold prices has only fueled this belief, with data from the Indian Bullion and Jewelers Association (IBJA) showing an increase from Rs 60,282 per 10 grams last Diwali to the current Rs 78,577. This substantial jump of over 30% has left many wondering if now is the…

As Dhanteras approaches, many Indians look forward to buying precious metals like gold and silver. These metals are more than just investments; they hold cultural significance and are believed to bring good luck and prosperity. However, choosing between gold and silver can be tricky, especially if you’re looking to make a wise investment or find something meaningful within your budget. Here’s a simplified guide to help you decide which metal might be the best choice for you this Dhanteras. Why Gold Remains Popular and Valuable Gold has always been considered a symbol of wealth and status in India. It’s not…

The Employees’ Provident Fund (EPF) is a simple yet effective way to build a secure financial future. Managed by the Employees’ Provident Fund Organization (EPFO), it deducts a fixed amount from your salary every month and adds interest on the deposited amount. If you maintain regular contributions without unnecessary withdrawals, your savings can grow into a huge corpus by retirement. With just a Rs 25,000 monthly basic salary and dearness allowance (DA), you can accumulate over Rs 2 crore by the time you retire. Stress-Free Retirement Planning with EPF For a comfortable retirement, financial experts suggest having at least Rs…

As inflation continues to affect every corner of life, discussions about money, salaries, and living expenses have become more heated than ever. One such debate that has caught the attention of social media is whether an annual salary of Rs. 25 lakh is enough for a nuclear family to live comfortably in India. A comment by investor Saurav Dutta sparked this conversation, with people weighing in from all sides. The Social Media Post That Started It All The post in question was shared by Saurav Dutta on X (formerly Twitter). He claimed that even with an annual salary of Rs.…

Diwali is just around the corner, and everyone is busy preparing their shopping lists. From festive clothes to home decorations, the list can quickly get out of hand. But don’t worry! With a few smart strategies, you can avoid overspending and enjoy the festival without stressing about your budget. Here are five easy tips to make sure your Diwali shopping doesn’t break the bank. 1. Plan Your Budget Before Shopping The first and most important step to keep your Diwali shopping under control is to create a budget. Sit down with your family and list all the essentials. Prioritize the…