Economy News
Aviation fuel has an increase of 3.3%; commercial LPG rates will increase by ₹62
The percentage of commercial LPG used in hotels and restaurants has been increased by ₹62 per 19 kg cylinder. | Photo credit: PTI The price of aviation fuel, or ATF, was increased by 3.3% on Friday (November 1, 2024) and the percentage of commercial LPG used in hotels and restaurants increased by ₹62 per 19…
Investing in tax-free government bonds: what you need to know
I want to invest in government bonds. Are they tax-free? What plans are available for tax-free interest? I want to invest for 7 -10 years. The Indian government has not issued new tax-free bonds for quite some time, but you can buy some of the tax-free government bonds issued in the past on the stock…
AI in the GenAI family attracts the OGs, CFO News, ETCFO
Venture capitalists and private equity firms aren’t the only ones betting on the GenAI race. Indian family offices also want a piece of this growth story and are quietly supporting AI startups in India and abroad. Between 2021 and September 2024, Indian family offices invested nearly $570 million in AI-focused companies, with such allocations increasing…
Do the DINK and SINK families need succession planning?
The traditional system of joint families has broken down into nuclear families. Now the concept of nuclear family structure is also changing. Being childfree is a conscious choice, and there is an increase in the number of DINKs (dual income, no children) and SINKs (single income, no children), with variations such as DINKWADs, SINKWADs, DINKWACs,…
The World Bank approves $391 million for Assam and Tripura to boost healthcare and economic opportunities
The World Bank on Monday approved $391 million in financing to improve access to quality healthcare services and economic opportunities for people in Assam and Tripura.The Assam State Secondary Healthcare Initiative for Service Delivery Transformation (ASSIST) Project, for which US$251 million has been approved, will improve access to quality secondary healthcare services in Assam and…
Muhurat Trading: Can you invest today during the auspicious hour without a demat account?
Those planning to invest during the Muhurat trade today are looking forward to adding value stocks to their portfolio for a long-term investment. Muhurat trading refers to a special trading session that takes place on the evening of Diwali. This trading session typically lasts an hour and is considered auspicious. It is believed that trading…
Mahindra, Kia, Toyota Kirloskar Motor stay away from the slow lane, ETCFO
New Delhi: Only three of India’s 15 passenger car makers posted sales growth in the first half of this fiscal year, underscoring persistently weak consumer confidence and sluggish demand in the world’s third-largest auto market. Mahindra & Mahindra (M&M), Toyota Kirloskar Motor and Kia India reported higher sales, while others, including the top three –…