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INCOME INEQUALITY AND CAR OWNERSHIP
Automatic for the people: Rising incomes reshape India's car marketAs incomes rise and family earnings change, India's automotive market is poised for a notable shift. In the coming decade, middle-income ho...- India proposes extending tax breaks for contract manufacturing in a boost for AppleIndia has proposed extending tax exemptions until 2041 for foreign companies supplying machinery and components to contract manufacturers, ...
- Where to buy a second-hand car in India: Online platforms vs local dealers vs classifiedsBuying a used car in India involves three main channels. Online platforms offer convenience and reduced risk for buyers. Local dealerships ...
- ‘The more you spend, the more you earn’: Financial advisor warns against dumping money in SIPs and shares his father’s controversial money adviceFinancial advisor Prem Soni shared his father’s unconventional money advice: “The more you spend, the more you earn.” He argues that extrem...
- Hrithik Roshan's monthly rent from one Mumbai property is higher than many people's yearly incomeHrithik Roshan has made another major real estate deal that showcases how his investments continue to generate impressive returns outside o...
- 'Buy land before buying a car': Financial advisor shares Gujarati family money rules for building wealthFinancial advisor Prem Soni shared 10 Gujarati family money rules focused on building long-term wealth rather than appearing rich. He advis...
- PV sales grow 33% in July at 4.7 lakh, Maruti, Hyundai log record salesPassenger vehicle dispatches saw a significant 33 percent increase in July. Maruti Suzuki and Hyundai led this growth with record domestic ...
- Can housing societies deny common facilities to smaller flats because of lower maintenance fees? Know what the law saysCan a housing society stop access to common facilities by residents of smaller flats on the ground of smaller maintenance? Know what the la...
- Lavish wedding, Rs 15 lakh loan and zero savings: CA warns about a financial trap his friend will face for 5 yearsCA Nitin Kaushik highlighted the financial risks of funding a lavish wedding with debt after a close friend took a Rs 15 lakh loan despite ...
- Earning Rs 20 lakh to Rs 30 lakh in Bengaluru or Gurgaon? CA warns why your savings still look small and shares the wealth-building formulaCA Nitin Kaushik warns that earning Rs 20 lakh to Rs 30 lakh in Bengaluru or Gurgaon does not guarantee strong savings. He says lifestyle i...
- IRDAI tightens ownership norms, eases capital infusionIRDAI has tightened oversight on insurer ownership changes and eased capital raising. Investors now need prior approval for shareholding ch...
- In 1903, a woman inventor faced delays as the driver was forced to get out of the car to clean off windshield due to the snow and she created the first-ever windshield wiper: How Mary Anderson changed the world?In 1903, a woman inventor faced delays as the driver was forced to get out of the car to clean off windshield due to snow and she created t...
- No, we can't keep being like this onlyIn India, casual corruption has become a normalized part of everyday life, often embraced as a clever workaround known as 'jugaad.' This ac...
- CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY t...
- CarTrade Tech partners Spinny to expand used-car marketplace across CarWale, OLX IndiaCarTrade Tech and Spinny have formed a strategic partnership. This collaboration aims to improve the used car buying and selling experience...
- Number of billionaires grows 4-fold in five years to 576 in AY'26: Income tax return dataFive hundred seventy-six individuals reported over Rs 100 crore income in 2025-26. This figure shows a fourfold increase from the previous ...
- Why compact SUVs continue to dominate Bengaluru's used car marketBengaluru buyers favor compact SUVs due to city roads and monsoon conditions. These vehicles maintain their value better than sedans in the...
- Patagonia founder Yvon Chouinard slept on dirt floors, lived on $1 a day, ate dented cat food. And then gave away his $3 billion company.Patagonia founder Yvon Chouinard once survived by sleeping on dirt floors, living on just $1 a day, and eating dented cat food. After build...
- Premium car buyers drive EV, hybrid shift as high-margin segment goes electricElectrified vehicles are now nearly half of new premium car registrations. This significant shift reflects changing buyer preferences in In...
- Your salary isn't wealth. It's just survival until your money starts earning for you, says CACA Nitin Kaushik says a salary alone does not create wealth. In a post on X, he explained that spending most of your income on lifestyle ex...
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