I have a 40-year-old specially-abled brother. He has no source of income. Can I open a PPF account in his name? Can I also save some money for him and buy insurance policies that might help in his old age?Jayant R. Pai CFP and Head - Products, PPFAS Mutual Fund replies: A PPF account can be opened in his name, with your assistance. If he is unable to sign the form, you will require a Power of Attorney, authorising you to act on his behalf. The same procedure will apply in case of other investments too. You could make him a nominee in a few of your investments. This will help him in case you pre-decease him. You can buy a life insurance policy for your brother only if you have an 'insurable interest' in it. You must prove that the loss of your brother's life will affect you financially. You can make him a nominee for a new / existing non-term policy so that he can receive the maturity proceeds or the death benefit in due course I am 44 and have a 6-year old daughter. I plan to work … [Read more...] about Can I buy insurance, open a PPF account in the name of my 40-year-old specially-abled brother?
16 year old deadlift world record
Built in 1930, the bridge was designed to connect the two hills near Lonawala, while the Britishers were laying railway lines between Bombay and Poona, as the two cities were known back then. Trains coming from Pune (Poona) would halt on the bridge and the engine would be taken to the other end of the train and then it will go down to Karjat reversing its direction, and the same process was followed when the train came from Mumbai (Bombay). And that is how it got the name 'Reversing Bridge'. However, much later, after Independence, the makers of Amrutanjan, the pain relief balm, put up a big hoarding on the side of the bridge, to promote its product which soon became a landmark, giving it the unofficial, yet more popular name - the Amrutanjan Bridge. … [Read more...] about 190-Year-Old Amrutanjan Bridge On Mumbai-Pune Expressway Demolished
Related Story China's iQiyi Streams Blockbuster 'Ne Zha' Across South East Asia Coming off the current frame, The Lion King, which held No. 1 in nearly all of its markets abroad, is now the No. 5 release of the year globally. A 45% dip from such a strong debut last weekend suggests the movie is not frontloaded. It will get to the $1B mark early this week, and should soon be joined by Toy Story 4 which is at $917.9M global through Sunday after a slight 28% drop overseas and with some markets increasing from the previous session. … [Read more...] about Cat & Mouse: ‘The Lion King’s $963M WW Through Sunday Pushes Disney To Record $7.67B Global B.O.; 1st Studio To Pass $5B Overseas – International Box Office
Mohammad Javad Larijani, secretary general of Iran's High Council for Human Rights, responded by saying his country had made great progress in the past four years. … [Read more...] about British-Iranian Woman Gets One Year in Jail for Volleyball Protest
While the species has recently been upgraded from threatened to endangered on the IUCN Red List, the scientists believe that their work will help efforts at conservation. … [Read more...] about Whale sharks: Atomic tests solve age puzzle of world’s largest fish