Midwest IPO fully subscribed
IPO, News

Midwest IPO Fully Subscribed in 3 Hours: Issue Details, Dates, GMP, What to Watch

What happened Midwest opened its ₹451 crore book-built issue today with a price band of ₹1,014–₹1,065 per share and quickly crossed 100% subscription within the first trading session window, driven by strong non-institutional and retail demand prints visible by late morning to early afternoon. The company had mobilised ₹135 crore from anchor investors a day

impact of inflation on savings
Finance

The Impact of Inflation on Your Savings: Real Returns, Risks, and How to Fight Back

How inflation reduces savings value Inflation increases prices over time, so cash parked at low rates loses buying power; the gap between savings yields and inflation is the “inflation drag,” which compounds into large losses over years. Real return is the inflation‑adjusted gain: Real Return = (1+Nominal)÷(1+Inflation)−1(1+Nominal)÷(1+Inflation)−1; subtracting inflation is a rough shortcut, but the exact

what to know about insurance deductibles
Finance

What to Know About Insurance Deductibles: Health, Auto, and Home

Deductible basics A deductible is the initial amount paid by the policyholder on a covered claim; after this threshold, the insurer pays according to policy terms, and premiums typically fall as deductibles rise because risk‑sharing increases. Health deductibles generally reset annually, while auto and home deductibles apply per claim and are subtracted from the settlement

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