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Pay off loan only if EMI is a drag on monthly cash flow or if fund is lying idle

DNMUM434999 | 4/16/2019 | Author : Jharna Agarwal | WC :649

While there is an impulse to pay off loans with unexpected bonuses, etc, it may not always be the best option
personal finance

Today, many are able to upgrade their lifestyles at a much faster pace. People become proud owners of their own homes and cars and manage to travel the world frequently. All this has been made possible with the easy availability of loans which enables them to afford these luxuries much sooner, compared to a couple of decades back. But once the joy of building asset or the period of consumption wears off, then one realises the extent of liability. Especially when EMI starts and reduces the monthly cash flow of the household.
At such point of time, when there is a spurt in cash flow by way of some unexpected business profits, bonuses and salary hikes, our first impulse is to pay off the loans and reduce the liability. But that may n
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Reliance says main KG-D6 gas fields in ‘late life stage’
DNMUM439650 | 7/22/2019 12:00:00 AM | Author : DNA Money Correspondent | WC :462

Mumbai: To reverse the decline in production of natural gas fields in KG-D6 block in Bay of Bengal, Reliance Industries (RIL) said it is likely to start production at the three new sets of discoveries in the block by mid-2020.
The production decl
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Air India asked to freeze appointments, promotions
DNMUM439651 | 7/22/2019 12:00:00 AM | Author : DNA Money Correspondent | WC :486

Mumbai: Even as the process for disinvestment of national carrier Air India is already set in motion, the government has asked the airline management to start new flights only if it is extremely necessary after due diligence of commercial interest. <
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‘Many iron ore mines will be auctioned in Mar 2020’
DNMUM439652 | 7/22/2019 12:00:00 AM | Author : Swati Khandelwal | WC :905

Sandeep Kumar, managing director, Tata Metaliks, speaks about the quarterly performance of the company, impact of iron ore prices on the margins and availability of coking coal during an interview with Swati Khandelwal.

Tata Metaliks has post
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Look at claims settlement ratio while buying term insurance plan
DNMUM439658 | 7/22/2019 12:00:00 AM | Author : Abeer Ray | WC :1019

Though an increasing number of people are now realising the value of term insurance, a major percentage of the Indian population continues to be ignorant about the new term insurance plans sold by both public and private players in the market. This,
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