The theme for this year’s World Environment Day is “Time for nature”. This view of the UN shows that we have reached the tipping point regarding the way we view Mother Nature. It is the moment to act! In line with the theme, I am happy to share empirical statistics to showcase the Indian government’s work on environment conservation under ... Read More »
Cholamandalam Investment and Finance Co Ltd (CIFCL) on Wednesday reported a 85 per cent decline in net profit to Rs 43 crore in the fourth quarter ended March, due to higher provision of Rs 504 crore related to the COVID-19 pandemic and the possible macroeconomic threats. The diversified financial services company had reported a net profit of Rs 292 crore ... Read More »
Everything takes more time if you are poor. The essentials of daily life, getting groceries and doing the laundry and getting to and from work, take planning and time that most of us scarcely consider when the groceries are being delivered, the washer is down the hall, and getting to work means jumping in our car. For students of modest financial means, ... Read More »
Many small finance banks offer 8-9% on fixed deposits of one to three years compared with an average of 6-6.5% that large public and private sector banks give. The returns for seniors (typically, 50 basis points higher) in small finance bank FDs are even better than what the Senior Citizen Savings Scheme offers (8.6%). In Budget 2020, the finance minister increased the ... Read More »
No other country carries within it the diversity that India does. This trite-but-true dictum extends even to taxation, with different states having markedly different rates of prosperity. Karnataka, for example, has a per capita income that is almost five times that of Bihar. Expectedly, the manner in which India distributes the tax revenue it raises between the Union government and ... Read More »
Diwali in India has traditionally been associated with buying and gifting. Be it gold, real estate, food hampers, automobiles, or simply mobiles, gadgets, and other accessories, it is the season to splurge. Aiding buyers in this process are tens of hundreds of brands, online shopping platforms, credit/debit card companies, and mobile wallets with their hourly, daily, and weekly deals. You might be spoilt ... Read More »
Like it or not, another school year is right around the corner. Supply lists are out and, as curriculum is more and more digitized, good tech is just as much of a part of a child’s back-to-school gear out as a backpack, pencils and notebooks. But what do you send them back to school with? Do they require a laptop? ... Read More »
Finance minister Nirmala Sitharaman It takes a lot of courage to speak in a House of Parliament where the Opposition benches are empty. That is precisely what the Finance Minister, Ms Nirmala Sitharaman, did on July 23, 2019, in the Rajya Sabha! She piloted her maiden Finance Bill, the Rajya Sabha (minus the Opposition) ‘considered and returned’ the Bill, and all ... Read More »
YSWeekender caught up with Naveen Tewari, Co-Founder and CEO of India’s first homegrown startup unicorn, InMobi – a global technology company that provides enterprise platforms for marketers. We found out what his number one secret to productivity is, checked out the art that adorns the walls in his home and also discovered his love for gadgets. Walking into his den, Naveen says “predicting ... Read More »
ThinkGeek recently announced it will shut down its site on July 2 and move its business to parent company GameStop, though its 40 physical stores will remain open. To kick off the move, ThinkGeek is offering a 50% off site-wide sale — as long as you apply the promo code MOVINGDAY at checkout. See it now: ThinkGeek Moving Day sale ThinkGeek said all sales are ... Read More »
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