EXPENSE PLANNING
Jio, Airtel Tariff Hikes: Users can still avoid increased prices. Here's how
Reliance Jio and Airtel will raise tariffs from July 3, 2024, to boost Average Revenue per User (ARPU), impacting millions of subscribers. Prepaid users can avoid hikes by recharging before July 3. Adjustments range from 12% to 25% for Jio and 11% to 21% for Airtel. Postpaid users will see immediate changes in their billing cycles.
What is the difference between deductible, co-payment in a health insurance policy
If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the fifth part of this series, ET Wealth explains the difference between deductible and co-payment.
Is your child’s foreign education a crucial goal?
Consider these factors before you start saving for this expensive goal lest you risk your other goals or the child’s future.
Big fat Indian wedding: At Rs 10 lakh cr, expenses second only to food & grocery
The Indian wedding industry, worth around Rs 10 lakh crore (USD 130 billion), is second only to food and grocery. Hosting 8-10 million weddings annually, India leads globally. Weddings significantly impact multiple sectors, driving growth in jewelry, apparel, catering, and more. Despite economic classes, spending on weddings often exceeds education costs.
Is a market-linked pension plan right for you? Vivek Jain explains
Vivek Jain, Head of Investments, Policybazaar.com says that in retirement planning, it's vital to consider both market-linked and guaranteed pension plans, allocating funds based on age and risk tolerance. Including a spouse in joint life coverage and leaving a legacy for nominees are key aspects of securing a stable financial future.
VRL Logistics outlook: Should you buy this stock? Know why analysts are bullish on this stock
VRL Logistics: Analysts are confident about VRL Logistics due to its aggressive expansion and investment plans, and the promising outlook of the logistics industry. The buoyant prospects of logistics industry will continue to support the company’s growth. The company has multiple differentiators to sustain its growth momentum. An Emkay May 2024 report states that its business model will help reap benefits of operating leverage due to owned assets and branch expansion plans.
- Go To Page 1
Tips to save money when you have a low income
When income is low, the ability to save is also limited. For savers like Nitin, tax-saving instruments under Section 80C may be the primary way to accumulate savings.
How to deploy Rs 2 crore inheritance to meet child education expenses & retirement goals
If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts.
Heatwaves affect people with disabilities more, Lancet study finds
The study, published in The Lancet Planetary Health journal, found that this section of society was at twice the risk of hospitalisation compared to the general population, especially due to mental and respiratory diseases. The researchers found a fourfold increase in emergency admissions and seven times higher medical costs in people with disabilities.
Travel Insurance: What you need to know before you plan your next international trip
Travel insurance provides coverage for travel risks, including medical support, flight cancellations, and emergency evacuation. It is not always mandatory but advisable for international travel. Policies include trip-wise insurance and group travel insurance.
I received Rs 70 lakh after retirement. Where should I invest this amount for good return?
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
Motilal Oswal Mutual Fund launches quant fund
Motilal Oswal Mutual Fund launches Motilal Oswal Quant Fund, an open-ended equity scheme managed by Ajay Khandelwal and Rakesh Shetty. NFO is open for subscription until June 5, benchmarked against Nifty 200 Index TR, offering regular and direct plans with growth and IDCW options.
That AC or fridge you were planning to buy just got more expensive
Consumers in Kolkata will experience 2-5% price hikes on electrical goods due to factors like high inflation rates in copper and aluminium, freight cost increases, Red Sea crisis, and rupee depreciation.
Cosmos Bank to raise tech spends in FY25 to 9 pc of operating expenses
Cosmos Bank is aiming to increase spends on technology to up to 9 per cent of its operating expenses in 2024-25, from the present 7 per cent, a top company official said on Tuesday. The cooperative bank, which was impacted by a cyber attack in the recent past, has been spending 6-7 per cent of the operating expenses, or 10-12 per cent of profits in technology, its Chairman Milind Kale told reporters.
Top features of personal loans and the factors to consider before getting one
All you need to know about personal loans and what you should keep in mind before opting for one.
JM Mutual Fund launches smallcap fund
JM Mutual Fund has introduced JM Small Cap Fund, an open-ended equity scheme primarily focusing on small-cap stocks. The new fund offer (NFO) of this scheme is currently open for subscription and will conclude on June 10.
Maternity insurance: 5 things to know
Maternity Insurance is a type of health insurance policy that offers coverage for all pregnancy-related expenses.
Jubilant FoodWorks Q4 Results: Profit jumps on steady demand
Jubilant FoodWorks reported a more-than-seven fold jump in quarterly profit on Wednesday as the Domino's Pizza's Indian franchisee booked an one-time gain and also benefited from steady demand.
IRDAI relaxes procedural norms on expense of management, share transfer
IRDAI introduces new Master Circular, streamlining application procedures, ESOPs compliance, share transfers, and specifying timelines for prior approval and amalgamation guidelines. Reporting for capital forms and lock-in periods clarified.
6 Travel expenses for which you can use a personal loan
Personal loans from IDFC FIRST Bank, specifically FIRSTmoney, help cover travel expenses without draining savings. FIRSTmoney's digital loans offer flexible fund access for stress-free travel planning.
Starting your own business? Take these financial precautions before quitting your job
He has worked for 25 years and has held senior management positions in large companies. He holds a large portfolio of assets, including real estate, equity, mutual funds and bonds. He is fairly confident that his business idea will scale up. His two children are currently pursuing their graduation.
Delhivery Q4 net loss narrows to Rs 68 crore
In a separate statement, the company's MD and CEO Sahil Barua said, "FY24 has been a crucial year for us where we delivered consistent service levels, significantly improved profitability, completed a large portion of our planned long-term capital investments and achieved material working capital improvement".
Suzuki predicts India market to expand 2% in FY25, Maruti to outpace industry growth
India is a bright spot for the Japanese auto giant, accounting for as much as 89% of the incremental volume of 168,000 units sold by Suzuki globally in the last fiscal year. While sales fell in several key markets, the Indian subsidiary posted a 9% increase in volume at 1.79 million units in fiscal 2024.
Zomato sees Esop costs rising on grant of stock options to Blinkit leadership
Costs incurred under the Esops head are non-cash expenses, and will rise in the ongoing fiscal “on account of grant of Esops to the Blinkit leadership team and senior employees,” the management said in a post-earnings call.
Vodafone Idea cash Ebitda seen growing 32% CAGR during FY24-28
Analysts predict Vodafone Idea's cash EBITDA to grow at a 32% compounded annual rate from FY24-28, aided by customer additions and average revenue per user (ARPU) growth driven by potential tariff increases. Following a targeted fundraise of Rs 45,000 crore, Vi is expected to achieve around 3.3% and 10% compounded annual growth in customer additions and ARPU respectively over FY24-28. However, caution is advised as Vi may need to provide about Rs 22,000 crore in bank guarantees to the government post the completion of the payment moratorium on regulatory payouts in September 2025.
This banking stock gave 22% returns last year; is Equitas Small Finance Bank stock a good buy now?
Equitas Small Finance Bank’s 2022-23 annual report expects a Rs.22 lakh crore market for small business lending, backed by residential property. A recent Centrum Broking report states that the company is poised to double its AUM within the next three years, supported by its improving deposit franchise and distinct client segments. Its comfortable valuations at 1.4 times based on 2025-26 P/ABV (price to adjusted book value) presents an appealing opportunity for entry, adds the Centrum report. Should you invest in Equitas Small Finance Bank now?
Health insurance for your ageing parents is now possible as IRDAI scraps age limit
The Insurance Regulatory and Development Authority of India (IRDAI) has eliminated the age limit of 65 years for purchasing health insurance policies, aiming to broaden the market and offer comprehensive coverage. This change, effective from April 1, makes health insurance more inclusive and accessible to individuals of all ages. Insurers are now required to offer policies to all age groups and cover pre-existing medical conditions.
Save on GST up to 13% of wedding cost by planning wisely: Here's how
GST on wedding expenses: Indians are famous for their grand, lavish weddings. Expenses made on wedding such as decor, hiring a venue, catering etc. are all impacted by Goods and Services Tax. However, knowing the tax rules can help you save GST on wedding expenses accordingly. Read on to know the rules and save money on your wedding.
Direct vs regular mutual funds: Which one is better?
According to Chirag Muni, Executive Director, Anand Rathi Wealth, direct mutual funds have a lower expense ratio compared to regular ones. Managed portfolios involve strategic decisions to generate alpha. Investment advisors help with financial planning, asset allocation, and fund selection to optimize returns and increase the probability of better returns.
Load More
