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Akshata Kamath

Akshata Kamath

Content Writer

akshata.kamath@aajtak.com

Akshata Kamath is a Digital Storyteller at DailyO. She loves to simplify finance, business, healing and history.

By Akshata Kamath

Your Bikaji and Haldiram snacks may now come with star-rated warning labels. The details

The Food Safety and Standards Authority of India (FSSAI) is considering enforcing all packaged foods manufacturers to print warning labels on the front of all snacks and sweet packages with a star rating.

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Prepping for IELTS? You can soon re-take a single module instead of all four

From March 2023, students appearing for the IELTS exam will have the option of re-taking one module of IELTS instead of all four, if they do not get the desired score on the first attempt. This will help those students who scored well in most modules but missed out on one module due to some problem or the other.

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If you ever used a Rotomac pen, here's a Rs 4,500-crore scam you should know about

Rotomac Global, the famous pen manufacturing company that was under the CBI and ED scanner in 2018 for defrauding about 7 banks of Rs 3695 crore, is again booked for defrauding Indian Overseas Bank of Rs 750 crore.

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Why did Paytm shares sink by 10% in hours today?

Paytm's share prices have been declining since the last one year. But the news that promoter SoftBank is selling 4.5% stake out of its 17.5% in Paytm led to its share prices sinking by 10% in a matter of hours on Thursday (November 17).

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How the FTX crypto crash will affect the world

The impact of the FTX crash is not just limited to the investors who invested in these companies. It is also set to affect the crypto industry, the regulations industry, the philanthropist entities, and a shift of money into government-backed treasury bills. This is also set to trigger more crashes in share prices of other related companies (just like it happens in a recession) and reduce trust in 'experts'.

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Journalism graduates regret their degree the most, while Computer Science folks love theirs the most

Zip Recruiter conducted a study to understand the college degrees that most students were happy about and the degree that was most regretted in terms of return on their investment. They found that students who studied journalism, sociology and liberal arts regretted their decision the most; while the students who opted for computer science and criminology were happy about their graduating subject because of the money they made in their jobs.

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SpiceJet losses are soaring. Blame air incidents, rising expenses, pandemic

Indian budget airline SpiceJet has reported losses of Rs 838 crore in the July-September quarter of 2022 even though its revenues increased substantially in the same quarter.

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Mahindra & Mahindra has grown by 54% in last 1 year. Here's how

Brokerage firms are betting on Mahindra & Mahindra as the stock one should look out for. This is because Mahindra has been growing consistently over the years, has witnessed double digit growth in the last few years, has created fabulous cars and tractors for customers, and has worked on reducing costs and increasing margins.

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Taylor Swift, Adele and Bruce Springsteen concerts are all getting super expensive

Fans are spending a lot more for concerts in the US thanks to a higher base price, higher fees levied by the show's promoters, and a new dynamic pricing model that is binding your cost to the time you book your ticket.

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If you invest in mutual funds, here's how your income is taxed

When you receive interest income and capital gains from your mutual fund investments, it will be taxed at different rates depending on where it comes from.

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Financial decisions you wish you had taken in your 20s (but better late than never)

If you are in your 20s, here's some financial advice you will get from those who have crossed the benchmark: Save money from a young age even if its little, invest your time and money in essential skills, avoid debt, learn to say 'NO', repay your credit card bills on time, and focus more on learning than earning.

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What is Zomato Pay? How is it different from Zomato Pro?

Zomato may have created multiple membership plans and features to grow the company with interesting revenue models and entice more customers. But now that Zomato has launched a new feature called Zomato Pay, here's how its different from Zomato Pro.

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Tata Motors is de-listing ADRs from New York Stock Exchange. But what are ADRs?

Tata Motors recently announced its plans to delist its American Depository Receipts Shares (ADS) from the New York Stock Exchange (NYSE) from January 2023. Once the ADRs have been delisted from the NYSE, there would be no over-the-counter market trading of the ADRs in the United States.

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10 Indian stocks you need to keep an eye on for the next 12-18 months

If you are planning on investing money in the Indian stock market in November 2022 for a long-term, here are 10 stocks the experts have recommend.

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5 Indian stocks you need to keep an eye on for the next 3 months

If you are planning on investing money in the stock market in November 2022 for a short term, here are five stocks that experts have recommend.

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What is renters' insurance in India?

Just like home buyers who protect their homes from haphazard events with insurance, apartment renters can use a similar concept to protect their homes. Here's what renters' insurance covers, excludes and the companies that help you protect your rented apartments from damage.

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What is the 50/30/20 budgeting rule?

The traditional 50/30/20 budgeting rule asks you to spend 50% of your income on necessities, 30% on yourself, and 20% on savings. But if it doesn't work out for you, you can play around with your budget and make it work for you.

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What percentage of your income should go to mortgage?

Though your mortgage costs will depend on your income levels, circumstances, financial goals, and current debts, the general rule is that you should not spend more than 25-28% of your income on your mortgage, and your mortgage should not be more than 36% of your debt.

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Saving money or paying off your debt, what is more important?

You need to have an emergency savings fund to take care of random expenses that pop out of the thin air. Once that is taken care of, pay off your debts because otherwise they eat away your income and delay your process of becoming debt free and your ability to be wealthy.

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6 financial skills that can improve your money situation

If you are an adult who wants his/her financial life to be better with every passing day, you should at least know how to research a business, read annual reports, and find good quality stocks. Your older self will also thank your younger self for learning skills like budgeting, computing taxes and using an excel sheet.

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Buying a health insurance? Check if it has these 7 features

If you are buying a health insurance policy, look for things like restrictions on rooms and room rent, disease-wise limitations, pre and post hospitalisation care, and a low waiting period. Also ensure that your daycare treatments are covered along with free health checkups, alternative medicine treatments and bonus in case there is no claim.

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How the US Fed interest rate hikes trigger global interest hikes, housing market collapses and recession

After hiking interest rates multiple times in 2022 to control inflation, the US Federal Reserve ordered another massive interest rate hike and brought interest rates to 4%. This will further influence the stock market, the housing market, and the job markets, bring a recession, and even lead the Indian and UK central banks to raise their interest rates.

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Money concepts you must know before you turn 30

If you know how to save, how to calculate your net worth, and how to trade in the stock market to increase your financial wealth, you could financially function well as an adult. Add to this your knowledge and execution of concepts like the power of compounding, inflation, and insurance, and you need not worry about turning old.

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Ashamed of your spending habits? Here's how you can break the cycle

Consistently spending over your budget or buying a liability that you are not mentally ready for can be quite cruel on your mental health over a period of time. Though bad money decisions can suck you into the vicious cycle of guilt and shame, you can break the shame cycle by accepting responsibility, talking to someone you trust, making a revised plan and taking small aligned actions.

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Your neighbourhood Bhujia guys Bikaji Foods is launching a Rs 881 crore IPO

India's popular Bhujia maker Bikaji Foods' is set to conduct its IPO process between November 3 and November 7, 2022, to raise about Rs 881 crore. Here's more about the IPO, its famous marketing campaign with Amitabh Bachchan and what Bikaji's financials look like.

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Awkward money conversations you must have when dating someone

Talking about money when you are dating can get awkward and tense. But when you try to understand the fears and reasons behind your partner's behaviours, actions, and beliefs, especially their values, their goals, and future plans with playful and inquisitive conversations, being financially well-off as a couple is a real and achievable goal.

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Start writing your monthly expenses down. It is better than crying over your bank statement

When you write down your expenses in a notebook or a piece of paper, you benefit in three important ways: you make it a personal process, you enhance your motor memory (ie remember things better), and you feel more in control of your finances.

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New SEBI rules to make vetting IPOs easier: What you need to know

New SEBI rules will mandate IPO issuing companies to disclose data about price per share and funds raised before the IPO to help investors make better investment decisions. The companies also get a concession: their Draft Red Herring Prospectus (DRHP) on SEBI's website will now be private and confidential, unlike earlier when DRHPs were public.

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Fusion Micro Finance IPO to raise Rs 600 crore. Here are the details

Fusion Micro Finance is set to conduct its IPO process between November 2 and November 4, 2022, to raise about Rs 600 crore through a fresh issue and also sell about 1.4 crore of existing shares.

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Elon Musk took loans to buy Twitter. Here's why it makes sense

Though businessmen might be rich and have a lot of cash lying around, they might still prefer taking loans to buy a business. That is because getting a loan is quick and efficient, gives you tax deductions and allows you to invest your working capital elsewhere.

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