Is Rs 1 crore enough to retire? Here are 3 investment plans to make savings last during retirement

Is Rs 1 crore enough to retire? Here are 3 investment plans to make savings last during retirement

One of the biggest challenges that retirees face is how to make their retirement savings last a lifetime. Even if one has saved diligently throughout one’s working life and accumulated a sizeable nest egg, it may not be able to...
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‘NBFC/HFC lending to real estate players down 48 per cent in FY’19 at Rs 27,000 cr’

‘NBFC/HFC lending to real estate players down 48 per cent in FY’19 at Rs 27,000 cr’

New Delhi: Lending to real estate developers by non-banking finance companies and housing financeNSE -1.35 % firms (HFCs) fell by almost half to about Rs 27,000 crore because of liquidity crisis triggered by IL&FS default in September last, according t...
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L&T Finance Holdings Q1 profit up 2% at Rs 549 cr

L&T Finance Holdings Q1 profit up 2% at Rs 549 cr

L&T Finance Holdings (LTFH) July 19 reported an increase of 2 per cent in consolidated net profit at Rs 549 crore for the quarter ended June 30, 2019. The company’s net profit during April-June quarter of 2018-19 stood at Rs 538 crore. Total...
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81 lakh homes sanctioned under PMAY (Urban); investment of Rs 5 lakh crore: Hardeep Puri

81 lakh homes sanctioned under PMAY (Urban); investment of Rs 5 lakh crore: Hardeep Puri

Around Rs 5 lakh crore will be invested to build more than 81 lakh houses under the Pradhan Mantri Awas Yojana (Urban), Housing and Urban Affairs Minister Hardeep Puri said. He added that the handover of the one crore houses sanctioned...
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GMR Infra surges 9% as its airport biz gets investment proposal of Rs 8,000 cr

GMR Infra surges 9% as its airport biz gets investment proposal of Rs 8,000 cr

Shares of GMR Infrastructure (GIL) rose 9 percent in the early trade on Wednesday on proposed investment from Tata Group, GIC and SSG Capital worth Rs 8,000 crore. The company announced a proposed investment by Tata Group, an affiliate of GIC, Singapore’s....
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Buy Shriram City Union Finance; target of Rs 2000: Motilal Oswal

Buy Shriram City Union Finance; target of Rs 2000: Motilal Oswal

Motilal Oswal’s research report on Shriram City Union Finance Shriram City Union Finance’s (SCUF) PAT increased 2% YoY to INR2.6b in 3QFY19 – a 10% beat – largely driven by provision write-back of INR161m. On a PPoP basis, there was a...
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