A monthly in-hand salary of Rs 1 lakh may seem sufficient, but rising lifestyle expenses often overshadow income, risking debt accumulation. Experts highlight methods to optimise savings and prevent lifestyle inflation from derailing financial health. A monthly in-hand salary of…
New research reveals that hands-on, repeated use of formal financial accounts boosts trust, savings, and resilience among underserved workers, challenging the focus on access alone in financial inclusion efforts. Financial inclusion is often discussed as a question of access, but…
Practical changes to financing, driving habits, and maintenance can help households reduce the often-overlooked expenses associated with owning a vehicle, freeing up cash for other priorities. Car ownership can quietly drain a household budget, with the true bill stretching well…
Small, deliberate adjustments in spending, organisation, and habits can significantly improve daily life’s ease and peace of mind, focusing on value rather than cost-cutting. Comfort, in the financial sense, is less about owning more and more about reducing friction. The…
Retiring with a mortgage is no longer unusual, with homeowners needing to carefully evaluate whether housing expenses comfortably fit within retirement income, considering options like refinancing, downsizing, or delaying retirement. Retiring with a mortgage is no longer unusual, and it…
The Reserve Bank of India has unveiled a streamlined framework to facilitate the settlement of bank deposits after a customer’s death, including measures to address unclaimed accounts and prevent legal issues surrounding access to funds. A family death often leaves…
Unity Small Finance Bank has increased its 501-day fixed deposit rates, making it one of the more attractive options for savers seeking fixed returns, especially seniors who can earn over 8%. The revised rates, effective from June 11, 2026, strengthen…
In India, the maximum affordable home loan for a ₹50,000 salary hinges on household debt capacity, with lenders adjusting eligibility based on existing obligations, credit scores, and preferred loan tenures, shaping a nuanced borrowing landscape. For a salaried borrower earning…
India’s Post Office Time Deposit scheme remains a popular low-risk saving option, with interest compounded quarterly to enhance returns, alongside flexible tenures and tax benefits for longer investments. Post Office Time Deposit, better known as the post office fixed deposit,…
Stallion India Fluorochemicals reports a sharp rise in profit driven by higher margins and expansion into new markets including helium and low-GWP refrigerants, signalling a strategic shift towards higher-value and environmentally friendly products. Stallion India Fluorochemicals has started the current…
