Personal Finance Archives

SSY, NSC, EPF, PPF, ELSS: A look at 5 savings schemes for salaried individuals; check out each scheme’s features and benefits

DainikNews Live Admin5 months ago04 mins

Every individual wants to save money for retirement, emergencies, their child’s education, and other purposes, but often gets confused about choosing the right investment schemes. Well, there are many investment options for them, but which one is suitable is difficult to decide. These schemes range from traditional savings schemes to low-risk investment and market-linked products….

Make your retirement money work for you: How an SWP can generate a steady monthly income

DainikNews Live Admin5 months ago07 mins

For people who have just retired or are a few years from retirement, handling finances and having a steady income in addition to pension is a major concern. A Systematic Withdrawal Plan (SWP) is an efficient solution in such situations. This plan permits retirees to invest a lump sum amount in a mutual fund and withdraw a…

Earn up to Rs 9,250 every month with Post Office MIS Scheme: Know how it works and delivers steady profits

DainikNews Live Admin5 months ago07 mins

Emergencies can come unexpectedly, whether it’s a surprise medical crisis, a child’s school fee burden, or an unexpected loan repayment. Your side earnings and savings can act as a pillar of strength, providing a cushion against life’s uncertainties. So, what’s the best way to get a steady and secure monthly income without taking risks? Here,…

UPI Reserve Pay launched to help users manage spending, expands payments to smart devices

DainikNews Live Admin5 months ago03 mins

The NPCI has rolled out UPI Reserve Pay, a new feature designed to help users manage spending, alongside several innovations enabling payments through smart devices. Reported by Zee Business sources, these initiatives also include AI-driven dispute resolution and biometric authentication, offering a more convenient and secure payment experience. How Reserve Pay works? Reserve Pay lets…

Latest 1-year FD Rate: Here is what senior citizens and general public can get on Rs 5 lakh deposit from banks like SBI, PNB and ICICI Bank

DainikNews Live Admin5 months ago06 mins

In today’s time, saving your money and helping it grow is one of the best financial decisions you can make, as these will give you long term benefits, it doesn’t matter whether you are a senior citizen or part of the general public. Although, senior citizens mostly trust fixed deposits (FD) as it gives them…

KVP: This small savings scheme doubles your money in 9.5 years—Interest, minimum investment, other key details

DainikNews Live Admin5 months ago09 mins

With the prices rising everyday, whether in terms of education, health check ups, buying assets or even normal grocery item. It has become more important for people to start saving, even if it is in small amounts. Savings acts like a cushion during emergencies and also useful for other goals like children’s education, medical expenses…

Latest FD Rates For Senior Citizens: Depositors can get up to 7.10% interest rate from PSU banks in 1-year FD; check out calculations on Rs 5,00,000 investment

DainikNews Live Admin5 months ago04 mins

Senior citizens prefer doing fixed deposits (FDs) over any other investment plans. This is because of a few reasons, like they get better interest rates than savings accounts, their money is safe, they don’t need to worry about markets, get income tax benefits, among others. They also get payouts on a monthly or quarterly basis…

10 Heads of Raavana: Financial lessons you can draw from Dussehra

DainikNews Live Admin5 months ago02 mins

What if the legendary demon king Raavana — described in the epic Ramayana — could actually reveal timeless lessons about money and business? Take a moment to think about it. It is a tale of circumstance, ambition, strategic planning and eventual triumph. Scholars often emphasise that Raavana’s downfall stemmed from the mistakes he kept repeating….

Aadhaar Update Gets Costlier: What’s free, what’s new and how much you pay in October 2025?

DainikNews Live Admin5 months ago05 mins

UIDAI New Rules 2025: The Unique Identification Authority of India (UIDAI) has announced a revision in charges for Aadhaar enrolment and update services. The new rates took effect on October 1, 2025, and will remain in force until September 30, 2028. The authority has also notified charges for the next three-year cycle, October 1, 2028,…

PFRDA seeks public feedback on new proposals to strengthen Nation Pension System

DainikNews Live Admin5 months ago03 mins

The Pension Fund and Regulatory Authority (PFRDA) has recently released an elaborative consultation paper with a heading “Enhancing the National Pension System: Proposals for Flexible, Assured and Predictable Pension Schemes”. PFRDA offers the stakeholders across various sectors to provide opinion on proposed reforms which is focused at powering the National Pension System (NPS). Yesterday, the…