A consumer commission has directed United India Insurance Company to pay ₹70 lakh to a BMW owner whose car was gutted in a fire after a tyre puncture left him stranded on a Maharashtra highway.
The new phone gets noticed at work. The expensive dinner looks lovely on Instagram. The bigger car earns compliments from neighbours. But once the attention fades, the payments and expectations remain. Looking rich can become a habit that shapes everyday decisions. You start choosing things for their impression, rather than their usefulness or enjoyment. The…
On 29 June 2026, the government announced a major labour reform. The Ministry of Labour and Employment announced the Employees’ Provident Funds Scheme, 2026, which replaces the earlier Employees’ Provident Funds Scheme, 1952. In this article, we will examine the important provisions of the new Act. Contribution The employee’s and employer’s contributions will be at…
Buying a car is a major expense but many buyers don’t realise they may be entitled to an income tax refund on the purchase. If the vehicle’s value exceeds the prescribed limit, the dealer collects 1% TCS (tax collected at source) at the time of sale. This is not a extra charge but rather tax…
Asian stocks rose as pressure from the bond market eased after the US Treasury unveiled plans to buy back longer-dated debt to curb borrowing costs. Treasuries held their gains, while the dollar steadied after falling to a three-month low. MSCI’s Asia Pacific equities gauge climbed 0.8%, led by shares in South Korea, which jumped over…
ET Intelligence Group: The stock of KPIT Technologies has fallen by 24% over the past three months compared with a 4% gain in the BSE Infotech index. The sharp underperformance by the mid-tier IT exporter can be attributed to weakness in demand from global automotive sector. The company offers software solutions in areas including autonomous…
Aman, a 30-year-old with a high-salary corporate job, wants ₹10 crore. He hopes to reach this target within the next 15 years. Assuming mutual fund returns average 12% annually, the maths reveals interesting possibilities. Under a flat SIP approach, Aman would need substantial monthly investments. Starting at age 30, he’d invest for a full 15…