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Expedite completion certificate handover, says Greater Noida authority

Expedite completion certificate handover, says Greater Noida authority

Finance
GREATER NOIDA: The Greater Noida Industrial Development Authority (GNIDA) n Friday said it has directed a 10-member team of officials to expedite completion certificates for 28 group housing projects in the city. The aim of the team is to expedite issuance of completion for 13,000 residential units and hand over the units to buyers by Diwali this year. According to GNIDA officials, the team consists of officials from different departments in the Authority and are being led by Janardan, additional CEO, GNIDA. "First we will take up four builder projects of the 28. We expect the report of inspections of these housing units, which total to about 2,600, by next week," said Debashish Panda, CEO, GNIDA, adding, "The remaning 24 projects will be addressed subsequently." The CEO also said th...
If you have student loan debt, you might also need life insurance

If you have student loan debt, you might also need life insurance

Finance
Taking out a life insurance policy as a new college graduate may not be top of mind, but it's worth exploring if you have student loans. Some of that debt can live on, even if you die."That's not something that college-age students and their parents tend to think about," said Betsy Mayotte, director of consumer outreach and compliance for American Student Assistance, a nonprofit focused on higher education financing.Four in 10 student borrowers now owe at least $ 20,000 at graduation, double the share from a decade ago, according to a new report from the Consumer Financial Protection Bureau. Over the same period, the number of those owing at least $ 50,000 has more than tripled, from 5 percent to 16 percent of borrowers.If a relative or friend has co-signed on a student loan for you, and y...
RBI announces new Rs 50 currency note, here's how it looks like

RBI announces new Rs 50 currency note, here's how it looks like

Finance
The Reserve Bank of India (RBI) will soon issue Rs 50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Governor Urjit R. Patel, the central bank said in a press release issued today. The new note has a motif of Hampi with Chariot on the reverse, depicting the country's cultural heritage. The base colour of the note is fluorescent blue. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. Dimension of the banknote will be 66 mm x 135 mm. RBI had said in December last year that it would issue new currency notes of Rs 50 and Rs 20. All the Rs 50 banknotes issued by RBI in the earlier series will continue to be legal tender. The image and salient features of 50 denomination banknote in ...
Percentage of college graduates owing $20,000 in student loan debt doubles in 10 years

Percentage of college graduates owing $20,000 in student loan debt doubles in 10 years

Finance
As college costs rise and incomes fail to keep pace, the problem of student loan debt has become exponentially worse.Now, nearly half of student loan borrowers owe at least $ 20,000 when they graduate, double the share a decade ago, according to a recent report by the Consumer Financial Protection Bureau. Meanwhile, the percentage of borrowers who owe $ 50,000 or more has tripled over the same time period.More from College Game Plan:The first steps to repaying your student debtThree ways to avoid the financial death spiral of defaulting on your student loansThis student debt strategy can save you more than $ 18,600Fewer are also paying down their debt within five years, the report said."People are taking on more student debt later in life, and having a tougher time paying it back," CFPB di...
Should I invest my emergency savings in the stock market?

Should I invest my emergency savings in the stock market?

Finance
Money guide for MillennialsHow much of your emergency savings should be held in a savings account instead of the stock market or other account that has higher returns with various risks?-- Mary There's no question you should always have some money tucked away for emergencies. Most financial advisers recommend keeping three to six months' worth of expenses for emergencies, but where's the best place to keep the money? Experts usually recommend a plain-vanilla savings account.But in a low interest environment, it can be frustrating to watch your money earning nothing. Here are some ways you can get a better return on your money without taking on too much risk. Online savings accounts If you're a super saver, you may not be satisfied with the .01% interest your local bank offers you. Instead...