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Time of India
4 hours ago
- Automotive
- Time of India
Bengaluru founder says EMIs and home loans aren't mistakes—but emotional wealth, if you follow these 3 money rules
In a world where personal finance advice often sounds like cold, hard math—don't buy cars, avoid EMIs, skip that home loan—Shyam Achuthan, founder based in Bengaluru, is here to remind us that money decisions aren't always about logic. Sometimes, they're about life . In a thought-provoking post on LinkedIn, he argues that we're not spreadsheets—we're humans, driven by emotions, aspirations, and the desire for meaning in what we own. Take homeownership, for example. For someone who's spent their life shifting from one rental to another, buying a house isn't just a financial move. It's an emotional milestone. It's the comfort of waking up in your own space, the pride of seeing your name on the nameplate, and the peace of finally feeling rooted. This, Achuthan says, is emotional wealth—and it's as real as any number in your bank account. Explore courses from Top Institutes in Please select course: Select a Course Category Operations Management others Others healthcare Leadership Degree PGDM Project Management Management Product Management MCA MBA Public Policy Artificial Intelligence Cybersecurity Healthcare Finance Data Science Design Thinking CXO Data Analytics Data Science Digital Marketing Technology Skills you'll gain: Quality Management & Lean Six Sigma Analytical Tools Supply Chain Management & Strategies Service Operations Management Duration: 10 Months IIM Lucknow IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics Starts on Jan 27, 2024 Get Details The same goes for buying a car , not as a luxury flex, but as a gateway to freedom. The ability to visit your parents without scrambling for a bus, to drop your child off at school when it rains, or to take a long drive just to clear your head. Sure, it comes with a price tag—but the return is joy, convenience, and peace of mind. And those can't be measured in rupees. But what's his financial hack for this? Still, Achuthan is no stranger to smart financial planning . He suggests practical hacks, too—like opting for a used car that's just 2–3 years old. Since cars lose the most value in their first few years, this allows you to dodge heavy depreciation while still enjoying a modern ride. Smart moves don't need to cancel out meaningful ones. You Might Also Like: Bengaluru start-up founder explains how some middle-class people are silently building big wealth, without you even noticing The key, according to him, is balance. If you choose happiness, you must also choose responsibility. Want that new iPhone on a ₹10K EMI ? Then promise yourself to generate ₹10K more income next month. Start a side hustle, use your skills, take freelance gigs—build your hustle to match your spending. He even recommends a test run before taking on any big financial commitment. For a few months, set aside the equivalent of the EMI you'll owe. If your lifestyle isn't strained, you're ready. If it hurts too much, you've saved yourself from regret. That's financial foresight, not recklessness. Ultimately, Achuthan believes money isn't just about saving—it's about designing a meaningful life. If a decision pushes you to level up and adds purpose, it's not a mistake. It's a mission. He urges people to align their spending with their values—and then align their hustle with that spending. Buy the house. Get the car. Gift yourself the phone. But let each choice fuel a smarter, stronger version of you. Because, in the end, the wealthiest person isn't the one who spent the least. It's the one who lived fully, loved deeply, and figured out how to fund the journey.
Time of India
4 hours ago
- Automotive
- Time of India
Rust in peace? Delhi's old car worries shift from pollution to protection, shows survey
As Delhi's roads brace for sweeping restrictions on older vehicles, a surprising new trend is emerging—not in exhaust fumes, but in public sentiment. A consumer survey by Park+ Research Labs has revealed that for Delhiites, it's no longer just the black smoke that's troubling. It's the growing fear that outdated vehicles may be putting lives at risk. The survey, conducted across 10,000 car owners in the Delhi-NCR region, suggests that India's regulatory focus on pollution may be overlooking a critical threat: road safety. And the concern isn't just abstract—it's personal. Explore courses from Top Institutes in Please select course: Select a Course Category Operations Management Public Policy Artificial Intelligence Cybersecurity Finance Data Science Product Management MBA PGDM Technology Digital Marketing Project Management Management Others others healthcare CXO Data Science Data Analytics Design Thinking MCA Degree Leadership Skills you'll gain: Quality Management & Lean Six Sigma Analytical Tools Supply Chain Management & Strategies Service Operations Management Duration: 10 Months IIM Lucknow IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics Starts on Jan 27, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Discover the upgrades that set the New Koda 2 Pro apart Ooni Pizza Ovens Learn More Undo Safety first, emissions second The findings show a marked shift in what people consider the bigger problem with ageing cars. Though by a slim majority—54% of respondents—believe 15-year-old vehicles are simply unsafe to drive, not because of their carbon footprint, but because they lack essential safety features like airbags, ABS brakes, and driver-assist technologies like ADAS. Live Events On the other hand, when asked what mattered more in an older car, 46% pointed to emissions control. This subtle but significant divide indicates that many Delhiites see outdated vehicles as ticking time bombs on wheels. Risk on the Roads The concerns are well-founded. The report notes global studies that show that vehicles older than a decade pose higher crash and fatality risks. For example: Teens driving cars over 15 years old face a 31% higher crash-death risk. Even vehicles between 6–15 years old come with a 19% higher crash fatality rate. Drivers of older vehicles are more likely to be involved in a crash (30% vs. 25% for newer cars). Older cars often lack lifesaving features like automatic emergency braking, blind-spot monitoring, and lane-keeping assist. Ban or not to ban? Delhi's current policy—banning fuel supply to petrol vehicles over 15 years old and diesel vehicles over 10—remains a polarising topic. The Park+ survey found an even 50-50 split on whether the policy is the right approach. Half support the ban as necessary for environmental and public health reasons; the other half argue it's too blunt an instrument and misses more pressing safety concerns. Instead of blanket bans, many respondents favoured more nuanced solutions: 29% support mandatory annual safety inspections for older vehicles. 28% advocate for stricter enforcement of PUCC norms. 27% want improved public transport systems to reduce private vehicle dependency. Interestingly, the public's perception of pollution sources is also shifting. Only 25% of respondents blamed vehicles as the primary cause of Delhi's toxic air. In contrast, a larger share pointed to illegal industries (33%), stubble burning (26%), and unauthorized construction (15%) as the real culprits.
Time of India
6 hours ago
- Business
- Time of India
SBI Life Q1FY26 results preview: APE may grow up to 8% YoY, VNB could surge up to 17%
SBI Life Insurance Company is set to announce its Q1 earnings on Thursday, July 24. The public sector insurer is expected to report a 2%–8% year-on-year growth in Annual Premium Equivalent ( APE ), which is likely to fall in the range of Rs 3,720 crore to Rs 3,936 crore. The Value of New Business ( VNB ) is projected to rise 2% to 17%, according to estimates from four brokerages , placing it between Rs 993 crore and Rs 1,133 crore. However, margins are expected to take a hit, both year-on-year and sequentially. Explore courses from Top Institutes in Please select course: Select a Course Category CXO healthcare Technology PGDM Degree Data Science MCA Digital Marketing Project Management Public Policy Management Leadership Artificial Intelligence Product Management Data Analytics Others Cybersecurity Healthcare Design Thinking Operations Management MBA Data Science others Finance Skills you'll gain: Operations Strategy for Business Excellence Organizational Transformation Corporate Communication & Crisis Management Capstone Project Presentation Duration: 11 Months IIM Lucknow Chief Operations Officer Programme Starts on Jun 30, 2024 Get Details Skills you'll gain: Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Duration: 40 Weeks Indian School of Business ISB Chief Digital Officer Starts on Jun 30, 2024 Get Details Skills you'll gain: Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Duration: 10 Months IIM Kozhikode IIMK Chief Marketing and Growth Officer Starts on Apr 7, 2024 Get Details Skills you'll gain: Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Duration: 10 Months IIM Kozhikode IIMK Chief Marketing and Growth Officer Starts on Apr 7, 2024 Get Details Skills you'll gain: Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Duration: 24 Weeks Indian School of Business ISB Chief Technology Officer Starts on Jun 28, 2024 Get Details Estimates from Axis Securities, YES Securities, Nuvama Institutional Equities, and PhillipCapital have been considered for this analysis. Brokerages suggest that investors should closely watch VNB margin trends, growth commentary, and any changes in product mix. Here's what each brokerage forecasts: Axis Securities Axis expects Gross Premium Earned to rise 13.8% YoY to Rs 17,723 crore, but fall 26.2% QoQ. New Business Premium (NBP) is estimated at Rs 7,953 crore, up 13.1% YoY but down 14.7% QoQ. The APE is projected at Rs 3,936 crore, up 8.1% YoY and down 27.8% QoQ. The VNB is seen at Rs 1,132 crore, a 16.7% YoY increase but 31.8% QoQ drop. VNB margin is estimated at 28.8%, expanding 195 bps YoY, but narrowing 175 bps QoQ. Axis expects SBI Life to maintain its cost leadership. Monitorables include VNB margin outlook, growth commentary, and changes in product mix. YES Securities YES Securities forecasts an APE of Rs 3,913 crore, an 8% YoY increase but a 28% QoQ decline. NBP is expected at Rs 8,044 crore, showing 14% YoY growth, but falling 14% QoQ—indicating seasonal moderation. VNB is likely to be Rs 1,133 crore, up 17% YoY but down 32% QoQ. The brokerage notes a VNB margin contraction of 150 bps QoQ, based on observed product mix shifts and weak growth trends in April and May 2025. Nuvama Institutional Equities Nuvama pegs APE at Rs 3,720 crore, up just 2% YoY, but sharply down 32% QoQ. VNB is estimated at Rs 993 crore, reflecting the same 2% YoY growth and a steep 40% QoQ drop. VNB margin is expected to remain flat YoY at 27%, but fall 12% sequentially. The brokerage says management commentary on growth and bank-channel distribution will be key to monitor. PhillipCapital PhillipCapital expects PAT of Rs 582 crore, up 12% YoY but sharply down 28% QoQ. Revenue is seen at Rs 3,858 crore, a 6% YoY rise but 29% lower QoQ. EBITDA is projected at Rs 6,465 crore, up 21% YoY, but down 23% QoQ. VNB is likely at Rs 1,020 crore, up 5% YoY, yet down 39% QoQ. VNB margin is pegged at 26.4%, indicating relative stability in profitability per policy. The brokerage expects APE to grow 6% YoY, driven by modest individual business growth. It expects VNB growth in line with APE, with flat margins YoY as a lower share of ULIP gets offset by a higher mix of group business.
Time of India
6 hours ago
- Entertainment
- Time of India
‘His hair looks like …' Archana Puran Singh reveals what Shah Rukh Khan said when he first saw her son Aryamann
Veteran actress Archana Puran Singh recently shared a hilarious anecdote about superstar Shah Rukh Khan. Reminiscing about the first time the 'Pathan' star had met her sons Aryamann and Ayushmaan at his son Aryan's birthday bash during a chat with Ajay Devgn, she recalled how the superstar, known for his wry humour, had taken one look at Aryamann and remarked that his hair closely resembled his. 'See, his hair looks exactly like mine,' he stated. To add insult to injury, Hrithik Roshan also chimed in, saying that Ayushmaan's eyes are similar to his. Explore courses from Top Institutes in Please select course: Select a Course Category Others Project Management Product Management Management Digital Marketing Operations Management Public Policy MBA Artificial Intelligence Design Thinking CXO Technology healthcare Leadership others Data Science PGDM Cybersecurity Finance Data Science MCA Data Analytics Healthcare Degree Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details Recalling the incident, Singh said that fortunately, both of her sons closely resembled her husband, actor Parmeet Sethi, so he had no cause to worry. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Secure Your Child's Future with Strong English Fluency Planet Spark Learn More Undo When Aryamann looked back on his childhood, he remembered a time when he visited Devgn's residence, accompanied by his friend Danish. Even at that young age, the experience left a strong impression on him. He fondly described how he was welcomed warmly, and the superstar made him feel like a member of the family. During that visit, they ended up watching a horror film together, which became a lasting memory. Aryamann went on to talk about how fascinating Ajay's home was, calling it one of the most impressive places he had ever seen. According to him, the house was packed with high-tech features—automatic curtains, remote-controlled doors, and other smart systems that added to its appeal. He said he had a great time there and thoroughly enjoyed every moment spent in such a modern and exciting environment. Reflecting on their closely knit family, Archana revealed that, contrary to public perception, her husband, Parmeet, is stricter with her sons. 'Everyone I know thinks that I'm the stricter parent. However, that's not the case, and my sons would agree with that. I'm more of a chill mom, and Parmeet is the strict one between the two of us," she revealed in the interview. Archana revealed that her family shares a deep bond and loves spending quality time together, especially on vacations. She went on to express how emotionally attached she is to her sons, admitting that she finds it difficult to go even a single day without seeing them. Archana added that although it's uncommon for her sons to be away for long periods, whenever they are gone for more than a day, she struggles with their absence because she simply can't bear being apart from them.
Time of India
10 hours ago
- Business
- Time of India
TSC India IPO opens for subscription: Check GMP, price band and other details
TSC India , a travel management company with a strong B2B and corporate focus, will open its maiden public offer today aiming to raise Rs 25.89 crore. The issue is a fresh equity sale of 36.98 lakh shares. The IPO is being offered in the price band of Rs 68 to Rs 70 per share and will close on July 25. Ahead of the issue opening, the GMP is Rs 0. The company has set a minimum application size of 2,000 shares. For retail investors, the minimum bid size is 4,000 shares or Rs 2.8 lakh. Explore courses from Top Institutes in Please select course: Select a Course Category Operations Management others MCA Technology Artificial Intelligence Data Analytics PGDM Others Healthcare Product Management Public Policy Project Management Finance Data Science Cybersecurity CXO Management Design Thinking Data Science Digital Marketing Leadership MBA Degree healthcare Skills you'll gain: Quality Management & Lean Six Sigma Analytical Tools Supply Chain Management & Strategies Service Operations Management Duration: 10 Months IIM Lucknow IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics Starts on Jan 27, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World The IPO is being managed by Expert Global Consultants, with Bigshare Services acting as the registrar. TSC India's shares are expected to list on the NSE SME platform on July 30, with allotment and refund processing likely by July 28 and July 29 respectively. TSC India operates in the corporate travel and B2B air-ticketing segment, offering end-to-end travel solutions including bookings, itinerary management, pricing negotiations, analytics, and 24x7 emergency support. Live Events The company has a strong regional footprint with offices in cities such as Jalandhar, Chandigarh etc., As of June 30, 2024, the company catered to over 2,100 clients and averaged 12,000 bookings per month. Its operational model combines technology integration via Global Distribution Systems (GDS) and personalised consulting, promising quick confirmations, real-time updates, and transparent pricing for its clients. TSC India has shown steady financial growth. For FY25, the company posted a revenue of Rs 26.32 crore, up 28% from Rs 20.59 crore in FY24. Profit after tax stood at Rs 4.93 crore, a marginal improvement from Rs 4.72 crore last year. Promoters Ashish, Puja Mittal, Vinay Gupta, held 90.74% of the pre-issue capital. Post-listing, the shareholding will dilute, although final numbers are yet to be disclosed.
