FAMILY FINANCE

There is a green methanol production capacity of 153,000 tons in operation at the moment around the world, which also includes demonstration plants that might not be be selling volumes commercially.

Differences have cropped up over the very nature of a transaction when a family moves money to a self-managed family investment fund (FIF) it sets up in the financial centre in Gandhinagar: Is it 'overseas direct investment' (ODI)? Or, should it be categorised as 'overseas portfolio investment' (OPI)?

These ancient teachings offer timeless principles that not only shaped the Indian subcontinent but also hold the power to guide us through the complexities of wealth management.

Worried you will be laid off? Here are eight financial tips to help you survive a job crisis.

Torrent Pharma has stated that it does not have any information to disclose under listing regulations, in response to reports about the company's talks to acquire a stake in Cipla. While the company did not deny the developments, it mentioned that it does not comment on speculative reports without verified data. Torrent Pharma is reportedly making efforts to secure financing for the acquisition.

In several cases, such as Himachal Pradesh and other states, contractual workers were absorbed as full-time government employees much later during their service and did not see full accumulation from NPS at the time of exit, government sources told TOI.

The communique, which did not reveal the terms of the agreement, said this will also bring to a close legal challenges including that mounted by family scion Valli Arunachalam following the death of her father and group patriarch MV Murugappan in 2017.

In this story, we bring out the common missteps and mistakes that clients make while engaging with planners. We hope it will help you unlock the true potential of your relationship with your adviser.

The family members of the Murugappa family have agreed to settle disputes and differences in order to "maintain overall harmony within the family". As part of the family arrangement, all legal proceedings between family members will be withdrawn, and no listed company in the Murugappa Group will be a party to the agreement. The family arrangement comes after Valli Arunachalam, a scion of the group, had moved the National Company Law Appellate Tribunal alleging oppression and seeking representation on the holding company, Ambadi Investments.

The Burman family, which owns a controlling stake in FMCG major Dabur, already owns more than 14% stake in Religare Enterprises through various entities. The news was reported by ETNow.

It is very important for newlyweds to think and plan practically even though they are at an exciting and new stage in their lives. A budget shared equally and investing the surplus in equity will be a good start.

To stop or continue working after having children is a personal choice, but here are some things to consider while taking the decision.

Minister of State for Finance Pankaj Chaudhary in a reply to the Rajya Sabha provided details of the number of Hindu Undivided Families (HUF) availing tax benefits (in the form of deduction under Chapter VIA of the Income-tax Act) during the last five years.

The Hinduja family is reportedly exploring raising up to $1bn to fund its acquisition of Reliance Capital, for which it is the preferred bidder. The financing timeline could take between three and six months, depending on legal issues and court approvals for the acquisition, and the final list of financiers could change, sources said.

There are occasions that call for an unlikely outflow of funds, but it may be better to allow such leaks to preserve your sanity or relationships.

The most documented peril in early retirement is the underestimation of one’s finances. Many think of the old formula of 4% drawdown as a safe bet. However, underestimation might hit the expenses. Inflation will make that number grow bigger every year.

We are not saying that numbers and calculations are not important. Indeed, a well-laid financial plan based on calculations gives a solid foundation. However, you shouldn’t let math dictate your personal finances. It is a misconception that financial planning is all about numbers.

In its representation to the PMO, finance ministry, commerce ministry and the ministry of health and family welfare, FAIFA has made a case that the recommendation of the World Health Organisation (WHO) is unscientific and there are no benefits of other crops replacing tobacco cultivation.

We should talk about simplifying life as one ages. It is tough dealing with the consequences of a lifetime of earning and saving when the person who made these decisions is no more. That is a life stage process that deserves attention.

Start by asking yourself a few basic questions. The answers will help you decide how you should spend that money.

Many young earners have focussed on building an emergency fund or a saving stash that would see them through a period of being between jobs. What they have is not a corpus, but a saved surplus.

Money is needed for meeting our expenses, financial goals and securing material comforts. But it cannot make us happy or give us a high. Like they say, money can buy a bed, not sleep.

High income and an early start to investments will help Mumbai-based Bajajs to meet all their goals.