DSIJ Mindshare

The risk tolerance level of one individual can be quite different from another. This is because there are several factors including person’s income level, age, financial behaviour, emotional quotient, cultural background that determine risk appetite. 

At times, there is a direct correlation between crude oil prices and market movement, but at other times, there is inverse correlation between the two, while many a time, there is no correlation between the movements of crude oil prices and the stock markets.

In India, third party motor insurance cover is mandatory as it provides protection against any liability arising out of damage caused by your vehicle to the life, limb, vehicle and property of the third party. But since the third party cover does not offer any kind of protection against damage caused to your vehicle or any bodily injury sustained by you in the accident, the third party cover can be inadequate. 

Every individual has various kinds of goals in life. A person with a family of four consisting of spouse, son, daughter and oneself will also have many goals to achieve both personal as well as for family. 

The core retail inflation is on an upward trend due to the rising fuel price scenario. The retail CPI inflation (consumer price index) stood at 4.87 per cent for the month of May, touching a 5-month high mark.