Outlook Money Magazine - May 2024

In this issue

Delayed Claims Chip Off EPF Popularity? What You Can Do - Of late, there has been an increase in the number of EPF claim rejections, We tell you the reasons for such
rejections and the steps you can take to deal with them.

INVESTING - THE GOLD RUSH: The precious metal has been on an upward rally for the last couple of years due to geopolitical conflicts, bulk buying by central banks, and hope of rate cuts. The key, therefore, is to invest in a staggered manner.

SPECIAL Q&A - ‘PEOPLE ARE NORMAL. THEY ARE SOMETIMES IGNORANT’: Meir Statman, the Glenn Klimek Professor of Finance, Leavey School of Business, Santa Clara
University, talks about howfi nance and life well-being are inextricably intertwined.

DELAYED CLAIMS CHIP OFF EPF POPULARITY? WHAT YOU CAN DO

The Employees' Provident Fund remains the most popular retirement saving tool for the majority of Indians. Of late, there has been an increase in the number of claim rejections, putting investors in a quandary. We tell you what can lead to such rejections and what you can do to deal with or avoid such a situation

10+ mins

THE PETER LYNCH GUIDE TO PICKING STOCKS

Investor, fund manager and a best-selling author, all rolled into one - that's Peter Lynch. His books provide nuggets of practical approach to stock investing. We demystify his investing style to help you implement it when picking stocks. We also have some picks based on his strategy that you may consider

7 mins

'People Are Normal. They Are Sometimes Ignorant But They Are Not Stupid'

Meir Statman, the Glenn Klimek Professor of Finance, Leavey School of Business, Santa Clara University, California, is the second generation of behavioural finance experts who refused to label people as \"irrational\" and instead called them \"normal\". In his latest book, A Wealth of Well-Being: A Holistic Approach to Behavioral Finance, he expands the circle of finance to include life well-being and shows how they are inextricably intertwined. As part of an interview series, 'Wealth Wizards: Money Maestros in conversation with Nidhi Sinha, Editor, Outlook Money', Statman spoke about his research, and explained concepts through anecdotes that can help you take balanced decisions. Edited excerpts:

10+ mins

HOW TO MAKE SENSE OF THE GOLD RUSH?

The precious metal has been on an upward rally for the last couple of years due to factors as diverse as geopolitical conflicts, bulk buying by central banks, and hope of rate cuts, of late. The key, therefore, is to invest in gold in a staggered manner

5 mins

Small And Mid Cap Rally: Be Wary

You may include small- and mid-caps in your portfolio for diversification, but understand that they may not replicate last year's returns and are relatively more volatile

4 mins

3 THINGS TO CHECK BEFORE YOU EXIT YOUR POLICY

If you think that the insurance policy you bought doesn't quite align with your goals, you may surrender it. But that comes at a cost. Here's why you should do the calculations

4 mins

The Future Of Credit Card Usage

Credit card usage is increasing in India, but it's prudent to manage credit wisely

2 mins

Master Your Own Money Choices

Instead of judging others, have clarity about what you want from your money, where you want to spend it and how you want to feel about it

4 mins

Here's How To Install A Solar Panel

It is the season of solar panel subsidy announcements. Right after the Centre launched the PM Surya Ghar Muft Bijli Yojana to offer subsidies to 10 million households to set up rooftop solar systems, the Delhi government has announced an extra capital subsidy of ₹2,000 per kilowatt (kW) to Delhi residents for rooftop solar panel installation. Both governments have caps on subsidies. Some other states, too, offer incentives on the use of solar rooftop panels.

2 mins

FROM SAVINGS TO SECURITY: HOW INDIANS ARE PREPARING FOR THEIR SUNSET YEARS

The Outlook Money - Toluna Retirement Survey conducted in December-end 2023 threw light on how Indians plan and save for retirement. A growing number of Indians now understand the necessity of retirement planning, and want to enjoy their retirement years with kith and kin

4 mins

STRATEGIES TO HELP YOU STAY ABROAD AFTER STUDIES

More Indians are now going abroad for higher studies with plans to stay and work. But living costs, the lack of job opportunities and the burden of education loans could often pose a problem. Assess the opportunities and be practical before making such a decision

7 mins

Liquidity Coverage Ratio Framework

At the recent monetary policy committee meeting in April 2024, Reserve Bank of India (RBI) Governor Shaktikanta Das proposed changes in the liquidity coverage ratio (LCR) framework to successfully meet liquidity risk.

1 min

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Outlook Money Magazine Description:

Outlook Money is a monthly business magazine published by The Outlook Group in India. The magazine is known for its in-depth coverage of the Indian economy, as well as its insights from leading experts in the field. It covers a wide range of topics related to business, including:

* Economic news and analysis: Outlook Money covers the latest economic news and trends from India and around the world. The magazine also provides in-depth analysis of the Indian economy, as well as its impact on businesses and individuals.
* Industry news and trends: Outlook Money also covers the latest news and trends from different industries, such as technology, finance, healthcare, and manufacturing. This coverage helps readers to stay informed about the latest developments in their respective industries.
* Corporate news and profiles: Outlook Money also features corporate news and profiles of leading companies in India. These profiles provide readers with insights into the strategies and operations of these companies.
* Personal finance: Outlook Money also features articles on personal finance, such as investing, saving, and retirement planning. These articles help readers to make informed financial decisions.

Outlook Money is a valuable resource for anyone who is interested in business in India. It is a must-read for anyone who is looking to stay informed about the latest economic and business trends in the country, or who is looking for insights from leading experts in the field.