Why business expectations are so tepid despite recovery in Indian economy

The government cannot let the recovery in the Indian economy take its own sweet time, not with the elections less than a year away. Photo: Mint The Nikkei India Composite PMI Output index, a gauge of private sector economic activity in both the manufacturing and services sectors, came in at a strong 54.2 for July, up from 52.6 in June. A reading above 50 denotes expansion, while one below 50 indicates contraction from the previous month. As Chart 1 shows, the composite PMI (Purchasing Managers’ Index) is at its highest level…

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Family finance: Why Pune-based Agarwals are on the right track to achieving their money goals

Sahil Agarwal, an IT consultant, stays with his homemaker wife and one-year-old child, in Pune. He stays on rent, even though he has his own house, which provides a rental income of Rs 12,000 a month. Combined with Agarwal’s monthly salary of Rs 91,000, his total income comes to Rs 1.03 lakh. The household expenses amount to Rs 57,000, insurance premium accounts for Rs 4,583, and Rs 25,000 is put into investments. This leaves Agarwal with a surplus of Rs 16,417. His portfolio comprises a house worth Rs 70 lakh, cash of…

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How fintech companies are bringing the magic of the digital frontier into finance

From Kashmir to Kanyakumari, and Gujarat to Assam, fintechs, the new and trendy financial companies, have become darlings of investment angels. The odds of the fabulous and trendy fintechs beating banks are narrowing by the day. The fintech threat to the banking industry is no longer a headline. It is close to an accord. China is one of the clearest examples: Tencent and Ant Financial absorbed huge chunks of the payments market which was overwhelmed with big banks and their spaghetti-like Information Technology infrastructure. But fintechs are a new league…

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Little globetrotters: Here’s why luxury destinations are wooing the kids

During a six-month backpacking tour of Southeast Asia, Maximo and Sebastian Tuscano pit-stopped for four nights at the Andaman, a 178-room Luxury Collection resort on a lush bay in Langkawi, Malaysia. They marvelled at the fauna in the surrounding rainforest—the flying lemurs, dusky leaf monkeys, more than 300 species of butterflies—and swam in the lagoon-style swimming pool. They hunted hermit crabs, helped a marine biologist feed specimens at an on-site coral nursery, and participated in pirate-themed games and crafts. In all, it was the perfect way for Maximo and Sebastian,…

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Where should you travel in May? Here are some ideas.

  No. 3: Memphis, 90.5: There’s more to Memphis than Graceland and barbecue, and visitors are catching on. Demand for alternative accommodations is growing, and low prices make Memphis a great investment.(Photo: Getty Images/iStockphoto) CONNECTTWEETLINKEDINCOMMENTEMAILMORE May is perfect time to travel. Spring break is pretty much over, the weather is pleasant in many parts of the USA and abroad, and prices are affordable because the kids are in school and many families are grounded. Alisa Cohen founder of the Luxe Traveler Club, says shoulder season is a lucrative time to…

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Toyota Yaris: What the first reviews are saying about the Honda City challenger

Toyota Kirloskar Motor (TKM) is merely days away from launching its first-ever C2-segmenter in India. Dubbed as the Yaris, the upcoming Toyota sedan is basically a Honda City-Hyundai Verna-Maruti Ciaz adversary that will aim to attract everyone with its long list of features, mini-Corolla Altis looks, and of course, the high brand recognition that Toyota enjoys. So, will it be really easy for the Yaris to outclass its rather formidable rivals? Here’s what some of India’s motoring publications have said about the Yaris in their test drive review reports. Autocar…

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The Cube in Australia is a trippy food and wine destination. Here are 5 reasons to visit

In a world exploding with culinary trails and extraordinary food experiences, it is hard to imagine what can captivate discerning travellers and foodies. And yet, as the calendar flipped over to 2018, d’Arenberg vineyard in Mclaren Vale, South Australia unveiled the Cube. An idea, which was born in the mind of the eccentric chief winemaker Chester Osborn 14 years ago, finally found form in the shape and is touted to be the ultimate food and wine destination. The Cube is for travellers who have a thing for exquisite food and…

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Maruti Ciaz modified! Here are some of the latest head-turners

Maruti Ciaz has become one of the best-selling cars in the market and gives tough time to the well-established players like Honda City and Hyundai Verna in India. While the Ciaz is available in many different countries, the Thailand market has a few extreme body kits of the Ciaz. Indians are also not far behind when it comes to modifying the Ciaz. Here are top five new modified Ciaz from India. Type X This is one of the most radical-looking Maruti Ciaz cars in the Indian market. The modification job gives the…

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How Cello Pens, Mirinda and Bournvita are helping students beat exam stress

Mondelez International-owned malt drink brand Bournvita is running ‘Look beyond marks’ campaign under which it has executed an on-ground activation called ‘Clearance Sale’. Photo: Pradeep Gaur/Mint New Delhi: Brands across categories have launched advertising campaigns to connect with young students and sensitise parents about exam related stress. While several brands in categories like malt based drinks, stationery and beverages have rolled out television and digital campaigns highlighting the mounting examination pressure on students, only a few are taking baby steps in providing solutions to beat the stress. Cello Pens, for instance,…

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Pooja Bhatt Is Having A Better January Than We Are. Because, Goa

What every January needs – a peaceful vacay Pooja Bhatt and her friend are having a blast in Goa (Image Credit: Poojab1972) For the lot of us, January means shaking off the holiday merriment, getting started on our resolutions and getting back to the grind. But that isn’t the case for Pooja Bhatt. The popular Bollywood actress and film-maker brought 2018 in with a new look – hot pink hair – and then, set off to spend the next few days of the new year in none other than scenic Goa. It’s safe…

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