With the Modi government set to present its second full budget for the third term in power, the middle and lower-income groups across India are hopeful for key reforms that could alleviate their financial burdens. The anticipated reforms in Budget 2025 include tax relief measures, simplification of income tax laws, and a focus on financial literacy, insurance, and retirement savings. Key Expectations from Budget 2025 Insurance Sector Reforms:

Retirement Planning: More Than Just Accumulating Wealth Retirement isn’t just about saving money, but ensuring it lasts through the years, considering inflation, medical expenses, and market fluctuations. A 2024 survey revealed that 68% of Indians aged 45-60 feel financially unprepared for retirement. The key to a secure retirement lies in managing investments wisely. The Reality of Retirement in India A large number of retirees

For many young people, managing bills and budgets can leave very little room for savings, but even small investments in tax-free schemes can significantly contribute to building a secure financial future. These investments act as a foundation for a solid tax strategy, offering benefits under the old tax regime with annual investment limits. Section 80C Under Section 80C of the Income Tax Act, you can invest in options like the Public Provident

As India prepares for the Union Budget of 2025-26, the finance ministry has highlighted the need for flexibility in fiscal policy, given the ongoing global economic and geopolitical challenges. While the fiscal deficit for FY26 is expected to be below 4.5% of GDP, there are concerns over the ability to accurately project receipts and expenditures in the current uncertain environment. The global situation has worsened, with escalating conflicts, further complicating fiscal planning.

The Indian rupee weakened by 10 paise to a record low of 85.12 against the US dollar on Monday, marking a significant decline in its value. The domestic currency opened at 84.85, according to Bloomberg data, and had closed at 85.02 on Friday. This continued depreciation comes amid rising global pressures, including an increase in Brent crude prices, which rose 0.41% to $73.24 per barrel. The rise in crude prices was partly driven by easing concerns about a potential US government shutdown and

Kerala Chief Minister Pinarayi Vijayan has criticized the Union Government for delaying financial assistance to Wayanad, which was severely affected by landslides in July. Nearly 400 people were killed in the disaster, and despite 100 days passing since Prime Minister Narendra Modi’s visit to the affected villages, the state has not received any financial aid for rehabilitation. The Centre has been swift in helping other disaster-hit states, but Kerala’s requests for aid have been

In this scenario, a wife from Arizona is questioning whether her husband's decision to not have a will is truly without consequence, given that their assets are limited to bank and brokerage accounts with transfer-on-death (TOD) beneficiaries and that they do not have children or significant real estate holdings. While it is true that accounts with designated TOD beneficiaries pass directly to the surviving spouse without going through probate, the wife is concerned about potential issues

The Indian Rupee has depreciated to a record low of 84.61 against the US Dollar, marking a fresh setback for the currency. This comes after former US President Donald Trump's threat to impose a 100% tariff on BRICS nations if they fail to continue using the US Dollar. Trump's demand for a commitment from BRICS countries not to create a new currency or back alternatives to the dollar has put additional pressure on global markets, including the Indian Rupee. Along with this geopolitical

The Adani Group reported a record financial performance in the first half of the ongoing financial year and for the trailing twelve months, driven by its growing businesses in infrastructure, energy, and renewables. The group's net exposure to Indian banks stands at $11 billion, with equity now accounting for 63% of its total debt. This marks a reduction in the conglomerate's reliance on debt. The strong growth in the first half was fueled by Adani Enterprises' solar and

As part of its commitment to the NDA coalition's promises made prior to the elections, the central government is actively working to halt the disinvestment process of the Rashtriya Ispat Nigam Limited (RINL), commonly known as the Visakhapatnam Steel Plant. Under the leadership of Chief Minister Chandrababu Naidu, there are ongoing efforts to ensure the plant remains operational amid concerns over financial viability and raw material shortages. Recent reports indicate that the B

The ongoing property disputes between YS Jagan Mohan Reddy and his sister YS Sharmila have taken another dramatic turn. In a recent statement, Jagan claimed to have provided approximately ₹200 crore to Sharmila over the past decade, emphasizing that this was done out of "sisterly love and affection." While this assertion may initially appear to be an attempt to bolster Jagan's public image by showcasing his support for Sharmila, it has also drawn significant scrutiny

US stocks experienced a lower opening on Friday as investors took a moment to reassess following a robust rally spurred by the Federal Reserve's significant interest rate cut earlier this week. The Dow Jones Industrial Average fell by 120 points, or 0.3%, landing at 41,906.55. Meanwhile, the tech-heavy Nasdaq Composite decreased by 0.2%, settling at 17,950.7. The S&P 500 also saw a dip, declining by as much as 0.26% to 5,698.93. Despite the overall market downturn, nine of t

Studying abroad can significantly enhance career prospects, offering students access to world-class education, diverse cultural experiences, and valuable global networks. For those who meticulously plan their academic journey, attending top-ranked universities overseas can lead to exceptional job opportunities. However, the high cost of foreign education can be daunting. Students often turn to scholarships or education loans to fund their studies. In India, various banks provide edu

The Financial Times has unveiled its 2024 global rankings for Masters in Management (MiM) programs, with the University of St. Gallen maintaining its lead for the 13th time. This prestigious position underscores the Swiss institution's consistent excellence in business education. HEC Paris follows in second place, while Insead, making a notable debut in third, stands out for its top ranking in alumni international work mobility. Edhec Business School and Shanghai Jiao Tong University'

Chandrababu Naidu's reinstatement as Chief Minister of Andhra Pradesh has reignited hopes for the state's financial revival after a challenging five-year period under YS Jagan Mohan Reddy. The previous administration faced severe criticism for its poor financial management, including excessive borrowing and a lack of transparency, which plunged the state into a significant debt crisis. With Naidu back in power, there is a strong focus on correcting these issues and steering Andhra Pra

In recent months, significant financial irregularities under YS Jagan Mohan Reddy's administration have come to light, sparking widespread controversy. The latest revelation involves a staggering expenditure of Rs 3.62 crores by the Chief Minister's Office (CMO) on Egg Puffs for its staff over the past five years. This translates to an average annual expenditure of 72 lakhs, with the CMO allegedly consuming 993 Egg Puffs daily, amounting to a total of 18 lakhs Egg Puffs over the perio

Event design and production play a crucial role in creating immersive and unforgettable experiences for attendees. Beyond logistical considerations, the creative elements of event planning—including theme development, décor design, lighting, audiovisual production, stage management, and overall event aesthetics—set the tone

Event logistics and operations are the backbone of successful event planning, encompassing a wide range of considerations and tasks that are essential for executing a seamless and memorable event. From transportation and accommodations to catering, technical setup, staffing, and contingency planning, effective management of logistics and operations is key to ensuring that everything runs smoothly on the day of the event. Here's a closer look at the key components

Selecting the right venue is one of the most critical decisions in event planning, as it sets the stage for the overall experience and success of the event. From intimate gatherings to large-scale conferences, the venue plays a pivotal role in shaping the ambiance, logistics, and guest experience. Here's a closer look at the process of ve

Marketing and promotion play crucial roles in the success of any event, helping to generate excitement, drive attendance, and maximize engagement. In today's digital age, event planners have a multitude of tools and strategies at their disposal to effectively market and promote their events. Here are some key strategies to consider: