03/04/2016

ShouldyoubuyacarintheageofUberandOla?TheEconomicTimes
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Shouldyoubuyacarintheageof
UberandOla?
ByRijuDave,ETBureau | 9Nov,2015,11.49AMIST

LetuscomparethetotalcostofowningaRs
4.78lakhcar(MarutiSuzukiSwiftLXi,petrol,
manual)inDelhi,andhiringUberorOlacabs
overaperiodofthreeyears.

Giventhecheapandreadyavailability

FORSALE

oflowcostcabs,doesitmakesense
tobuyyourowncar?EThelpsyou
takethedecision.

Costofownership:
Costofcar:Rs4.78lakh(exshowroom)

Loancost(Interestrate:9.55%loanterm:3years)DownpaymentRs47,800
+DownpaymentRs47,800+LoaninterestRs66,232
Annualaverageinsurancecost:Rs12,000TotalinsurancecostRs36,000(3
years)
Registration/taxes:Rs72,000(3years)
Annualmaintenancecost:Rs15,000TotalmaintenancecostRs45,000(3
years)
Runningcostmonthlydistancecovered:1,000kmPetrolcost:Rs60.7/lt
Mileage:18km/ltMonthlyrunningcostRs3,368.85TotalrunningcostRs1.21
lakh(3years)
Parking/miscellaneouscharges:Rs50,000(3years)
Totalcostofowningin3yearsRs8.68lakhTotalcostofowningin3yearsRs
13lakh(withchauffeur@Rs12,000amonth)
Minuscarresalevalueafter3yearsRs2.5lakh
Home

Wealth

Tax
Netcost:

Save Invest Insure Spend Borrow Earn Plan RealEstate MutualFunds PersonalFinanceNews More

Rs6.18lakhRs10.5lakh(withchauffeur@Rs12,000amonth)

MoreFromSpend
Shouldyoubuyacarinthe
ageofUberandOla?

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ShouldyoubuyacarintheageofUberandOla?TheEconomicTimes
ageofUberandOla?

FORHIRE
Costofhiring

62

62

Assumptions:Dailytotaldistancecovered:33.3kmDailytrips:2Timetakenin
eachtrip:45minutesTolls,taxandsurgepricingnotincluded.
UberGo

Areyousmart&savvyenough
toshopinthefinanciale
marketplace?
Allyouneedtoknowabout4K
displayresolution

6smartthingstoknowabout
lossofcreditcards

Comments

ChargesforridesBasefare:Rs40,Perminute:Rs1,Perkm:Rs7
CostofhiringUberGo:Rs80+Rs90+Rs230=Rs400perday

Topofyourmind:Shouldyou
increaseyourcreditlimiton
creditcard?

Totalcost:Rs4.32lakh(3years)

Howcoloursaffectyourbuying
decisions

Yousave:Rs1.86lakh,withoutchauffeurin3years(Rs6.18lakhRs4.32
lakh)Rs6.18lakh,withchauffeurin3years(Rs10.5lakhRs4.32lakh)

SBItonowputcreditcardsinto
yourmobile

OlaMini

Lookingtobuyacar?Getone
nowatprebudgetprices

ChargesforridesBasefare:Rs100,Perminute:Rs1,Perkm:Rs8
Costofhiringolamini:Rs200+Rs80+Rs202=Rs482perday
Totalcost:Rs5.2lakh(3years)
Yousave:Rs98000,withoutchauffeurin3years(Rs6.18lakhRs5.2lakh)
Rs5.3lakh,withchauffeurin3years(Rs10.5lakhRs5.2lakh)

ETWealthanalysis
ItisclearfromtheabovecalculationthathiringanUberorOlawillbelighteron
yourpocket,thoughthesavingsarelesserforselfdrivencars.So,weighthe
benefitsanddrawbacksofowningacar(seeWhatmoneycan'tbuy...)before
takingadecision.

The7bestnotebooksforthose
onthego

Howcreditcardsaredifferent
fromdebitcards

Hereare10homedelivery
appstohelpyousavetime

Expensivegiftsmaynotbe
enoughtowinherhearton
Valentine'sDay
5smartthingstoknowabout
semiclosedewallets

Whatmoneycan'tbuy...
Ifyouownacar
Senseofownership:Nothingquitecomparestothefeelingofbuyingand
caringforyourowncar.

BACKTOTOP

Convenience:There'snohassleofbookingandwaitingforthecab.Ataxi
can'tmatchtheinstantaccesstoyourowncar.
Holidays&emergencies:Random,weekendroadtoursorarushtriptothe
doctoraredefinitelyeasierwithyourowncar.
Safety:Withcasesofmisconductbydrivers,it'ssafer,especiallyforwomen,to
driveontheirown.
Ifyouhireacar

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ShouldyoubuyacarintheageofUberandOla?TheEconomicTimes

Ifyouhireacar
Betteruseoftime:Ifyoudon'thaveachauffeurdrivencar,thecabcanhelp
yousavetimebycatchinguponyourofficemailsandcalls.
Longcommute:Inmetros,wheretrafficsnarlscanbeanightmare,it'sbestnot
tobebehindthewheel,especiallyduringpeakhours.
Navigation:Ifyoursenseofdirectionismarginal,itiseasiertoleavethe
complicatedroutestothedriver,particularlyinmetros.
READMORE: Uber|Ola|ETWealth|car

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Productionhousesin
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alsoactsasacontraceptive inNewYorksoldfor$
300,000atauction

Areyousmart&savvyenoughtoshop
inthefinancialemarketplace?
ByChandralekhaMukerji ,ETBureau | 30Mar,2016,11.41AMIST

BENGALURU:Thefinancialonlinemarketplace
isbooming.Youarenotjustbeingsold
productslikeinsurance,mutualfunds,credit
cardsandloansbutalsoservicesliketaxfiling,
creditscorefixing,managingyourbudgetand
fullfledgedfinancialplanningincludingthe
inheritanceplanwithaneWillmailedtoyour
Remember,unlikeanAmazonora

inbox.

Flipkartpurchase,neithercanthese
financialproductsbereturnednorwill

0
Comments

yougetarefundifyoulosemoney.

Thesolemottoofalltheseonlinefirmsisto
makeyouasmarterinvestorsaveremptorthe

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Comments

ShouldyoubuyacarintheageofUberandOla?TheEconomicTimes

makeyouasmarterinvestorsaveremptorthe
taglinekeepschangingaccordingtowhattheir
businessis.Thepillarsonwhichthetradestandsisalsoprettymuchthesame.
Theymaybesellingabunchofproductsorasingletypeofinvestmentbutthe
servicesofferedareusuallyfree,easytouse,helpyoutakequickdecisions
andclosethedealonthegofromanywhere,typicallyusingtheirnewly
launchedapp.However,decisions,especiallyconcerningmoney,shouldnot
betakeninahurry.Thereisanarrayofproductsanditmaybeeasytoshop
butyouneedtomakesureyoudon'tgetstuckwithsomethingthatyoudon't
needoriswrongforyou.

Remember,unlikeanAmazonoraFlipkartpurchase,neithercanthese
financialproductsbereturnednorwillyougetarefundifyoulosemoney.Don't
lettheswankyeinterfaceimpressyousomuchthatyouforgettoaskthebasic
questions.
WHOISSELLING?
Thisquestionisasimportantonlineasoffline,ifnotmore.Offline,amutualfund
brokerwilltellyouupfrontthatheisabroker.Online,hemayhaveaniceapp
whichispromotedasa`tool'tohelpyoubuyunitseasily.Therefore,itis
mandatorytoknowhowtheyareearningtheirmoneyandwhattheirbusiness
modelis,especiallywhenyouhearthewordfree.
Theymaycallthemselvesanonlineaggregatororanappthatmanagesyour
moneyorhelpyoubuythebestproduct,remembertheycannotbesellingyou
productsunlesstheyarelicensed.Forinstance,onlineinsuranceaggregators
whotellyouthattheyhelpyoucompareproductsandthereforesavemoney
areactuallyinsurancebrokerswithacoolwebsite.
Agreedtheymayoffermoreproductsthananaverageofflineagent,butthe
underlyingprincipleisthesametheyearncommissionsbysellingyoua
product.Theproductslistedonthetopareusuallythatgetsthemhigher
commissions.Also,likeinabrickandmortarshop,oftentheeshopstoohave
topshelfdealswithcompanies.
ISITREALLYAGOODDEAL?
Unlikeretailecommercesitessellingelectronicsandapparels,thereisno
`discountwar'amongthefinancialeCommsites.
However,manyofthemtrytodistinguishthemselvesbyclaimingtoprovide
qualityadvicetoinvestors,whichyoushouldbewaryof.Theremaynotbea
productbiasbasedonearnings.Theymayhaveafeebasedrecommendation
model,however,therecommendationsmademightbeextremelyskewed,or
worse,flawed.Ifthefinancialwebsitehasatieupwithonlyfourcompanies
sellingaparticulartypeofproduct,howgoodcantheirrecommendationsbe?It
isthereforeimportanttoknowonwhatbasisarethesuggestionsarebeing
made,analysethequalityoftheirdataandmethodsbeingused.
Moreover,willtheyberesponsibleforawrongrecommendation?Iftheyclaim
tohelpyoumanageyourportfolio,checkifthesiteprovidesexit
recommendationsandportfoliorebalancingservices.
KNOWWHATYOUWANT
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Sincetherearemanyoptions,thechancesofgettingconfusedishigher.The
storewillbesellingaparticularproductfordifferentsizes.Unlessyouknow
yours,evenifyougetafantasticproductatagreatprice,itwouldbeabadbuy
.Also,therewillhardlybeanyhumaninterventionintheprocess.Therefore,
theneedforathoroughresearchandgreatersuretyishigherwhenmakinga
purchaseonline.
DOTHEYNEEDSOMANYDETAILS?
Thinkbeforeyoushareyourdata.Doesasitesellinginsuranceneedyour
homeloandetails?Maybetheywillspamyouwithhomeloaninsurancepolicy
mailslater.Asiteshouldnotbeaskingfortoomanydetailsunlessyoushow
interestinbuying.Thattoo,onlydetailsthatarerelevanttothepurchase.Do
notsharedetailsunlessyouaresureaboutthedatasecuritysystems.
READMORE: shop|

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ShouldyoubuyacarintheageofUberandOla?TheEconomicTimes

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Allyouneedtoknowabout4Kdisplay
resolution
ByKaranBajaj ,ETBureau | 28Mar,2016,08.00AMIST

4Kisslowlyandsteadilymovingbeyondjust
televisions.Youhaveprojectors,monitors,
laptopsandevenphoneswith4Kdisplay
availablenow.Butwhatis4Kanddoyouneed
tobotheraboutitrightnow?ETWealth
explainsthetechnologyandwhatitmeansfor
thecommonuser.
4Kisslowlyandsteadilymoving

Whatis4K?

beyondjusttelevisions.ETWealth

2
Comments

Inbasicterms,4kdenotesthenewdisplay
resolutionusedforconsumerelectronics.In
meansforthecommonuser.
technicalterms,4Kor4096x2160(or3840x
2160forTVs)pixelsisfourtimestheresolution
andfourtimesthenumberofpixelsascomparedtofullHD(1920x1080
pixels).Theserefertothenumberofpixelslaidouthorizontallyvsvertically
1920pixelsacrossfromlefttorightand1080pixelsfromtoptobottom.
Multiplyingthesenumberswillgiveyouthetotalnumberofpixelsonthepanel
thatarebeingusedtogenerateanimage.Whenyoulookat4kinthesame
numberformat,simplemultiplicationwillshowyouthat4096x2160isoverfour
timesthenumberofpixelsascomparedto1920x1080.Also,whilefullHD
roughlytranslatesinto2.1megapixels,4Ktranslatesintoto8.3megapixels
roughly,meaningsharperimages.
explainsthetechnologyandwhatit

DoIneedit?
Thisisdebatable.Ifyouhavethecashtospare,whynot?4KTVshavegotten
cheaperovertheyearsandthenewgenerationofgameconsoles,USBmedia
players,BluRayplayersandevensettopboxeswith4Ksupportareavailable
now.4KisthenextlogicalstepupfromfullHDandwewillalleventuallyshiftto
4KjustasstandarddefinitionsetsarenowararitycomparedtoHD,HDwill
becomerarecomparedto4Kinthenext3to5years.Soifyouareplanningto
purchaseanewTVrightnow,itwillbebetterifyouspentabitmoreandchose
a4kTVoverafullHDone.
Iscontentavailable?
Rightnow,real4Kcontentishardtocomeby.However,4Kcontentsettop
boxesareavailablethatbroadcastdirectly(limitedchannelsupportcurrently)to
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boxesareavailablethatbroadcastdirectly(limitedchannelsupportcurrently)to
yourhome.Gamingconsoles(XboxOne,PlayStation4)alreadyhave4k
supportand4KBluRayplayersaswellasdiscsareavailable.Plus,consumer
smartphonesforaslowas`10,000nowsupport4kvideorecordingwhichyou
canthentransferandenjoyinfullresolutionona4kTV.Thisisinadditionto
DSLRandpointandshootcamerasthatalsodo4kvideorecordingnow.In
short,4Kwillbeeverywhereit'sonlyamatteroftime.

Whyupgrade?
WhenfullHDfirstarrivedandyousawactual,fullHDcontentonafullHD
television,thedifferencewasinstantlyrecognizablecomparedtoSDcontent.
Thelevelofdetailwaswhatcatchestheattention.However,onalargeTV,46
inchesorlarger,it'sreallyeasytoseeindividualpixelswiththenakedeyeifyou
standclosetothescreen.AsTVscreenbecamelarger,it'sonlynaturalthatthe
totalnumberofpixelsusedtogenerateanimagegrewinnumbertoo.Moving
thepaneltothenexthigherresolutionof4K(3840x2160pixels)ensuresa
higherpixeldensityandsharpenseverythingup.Withreal4Kcontent,itisthe
samekindoffeelingthatcameasmovingfromstandardtohighdefinition.
CanIupscalefullHDcontentto4K?
4Ktelevisionavailabletodayautomaticallyupscaleallthecontentyouplayon
it.SoanyfullHDoreven720pHDcontentwilllookbettercomparedto
standarddefinitioncontentwhenupscaled.IfforsomereasonyourTVdoesnot
havetheupscalecapabilities,youcanchoosetogetanA/Vreceiverthat
supports4kupscaling.ThereareoptionsavailablefrombrandslikeOnkyo,
YamahaandDenonwithbuiltin4Kupscalingviadedicatedhardwareand
imageprocessingalgorithms.Whileitwillnotmatchthesharpnessofactual4k
footage,upscaledfullHDcontentplayedviathesereceivers,willlookbetteron
a4KTV.

READMORE: tv|Gamingconsoles|fullHD|ETWealth|displayresolution|4K

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ShouldyoubuyacarintheageofUberandOla?TheEconomicTimes
smartphonenextyear

6smartthingstoknowaboutlossof
creditcards
28Mar,2016,08.00AMIST

1.Issuingbankshaveinsuranceplanstocover
creditcardlossessothatthecustomerdoesnot
haveanyliability.
2.Ifacardislost,thecustomerhastoreport
thelosstothebankbycallingthecallcentreor
servicecentre.

1
Comments

Transactionmadeonthecardafterthe
customerhasnotifiedthebank,willnot

3.ThecustomermustthenfileanFIRata
policestationasarecordofthelossbeing
reported.

bechargedtothecustomer.

4.Afollowupapplicationismadetothebank
withacopyoftheFIR,seekingcancellationofthecard.
5.Anytransactionmadeonthecardafterthecustomerhasnotifiedthebank,
willnotbechargedtothecustomer.
6.Typically,ATMandonlinetransactionsthatrequireaPINforcompletionare
notcoveredundertheschemeofzeroliabilitytothecardholder
(ThecontentonthispageiscourtesyCentreforInvestmentEducationand
Learning(CIEL).ContributionsbyGirijaGadre,ArtiBhargavaandLabdhi
Mehta.)
READMORE: PIN|ETWealth|Creditcard|CIEL|ATM

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PolicesummonsPratyusha
Banerjee'sboyfriend,
quizzeshimforclues

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Topofyourmind:Shouldyouincrease
yourcreditlimitoncreditcard?
23Mar,2016,11.19AMIST

ByHiralThanawala

2
Comments

DevendraKumarspendsalmostRs40,000on
hiscreditcardeverymonth.Thoughhealso
paysofftheentirebillontime,thehighcredit
utilisationofalmost80%(hiscreditcardlimitis
Rs50,000)isaredflagforlenders.Itimplies
thatheisattheriskofmaxingouthiscardlimit
andcouldhavetroublerepayingthedue
amount.Creditbureaustakethecredit
Creditbureaustakethecredit
utilisationratiointoaccount:higherthe utilisationratiointoaccountwhencalculatingan
ratio,lowerthescore.
individual'screditscore.Ahighcreditutilisation
ratiomeansalowerscore."Acreditutilisation
ratioof2030%ispreferable.Incasetheratioishigher,theapplicantisseenas
credithungry,"saysNaveenKukreja,managingdirector,Paisabazaar.com."It
ispossiblethatbankswouldchargeahigherinterestonloanstosuch
individualsbecausetheyareseenasriskycustomers,"addsAdityaAgarwal,
Founder,Wealthy.in.Now,ifKumar'scard'screditlimitisincreased,hiscredit
utilisationratiowouldcomedown.Forinstance,ifthecreditlimitwasRs1.5
lakhinsteadofRs50,000,Kumar'screditutilisationratioforspendingRs
40,000amonthwouldbe27%.Mostbanksrevisethecreditlimitfromtimeto
timebasedontheuser'srepaymenthistory,transactions,outstandingloans
andriseinincome.Acardholdercanalsorequesttheissuingbankforahikein
creditlimit.Thereisusuallynoadditionalcostinvolved,thoughanincrease
throughacardupgrademayattractcharges.
THEBENEFITS
Bettercreditscore
Alowercreditutilisationratioimprovesthecardholder'screditscore,making
himalessriskycustomerintheeyesofthelender.Ahighercreditlimitcanalso
beusedasabargainingtooltogetabiggerloanfromtheissuingbank.
Helpfulinemergencies
Acreditcardwithabiglimitcomesinhandyduringemergencieslikeasudden
hospitalisationwherelargepaymentshavetobemadeupfront.
Morebuyingpower
Acardwithahigherlimitmakesbigpurchases,likewhitegoodsforthehome,
easytomake.
THEDEMERITS
EncouragesrecklessspendingItisabadideaforcompulsiveshopperswho
caneasilythrowtheirbudgetofftrackbyrecklesslybuyingwiththeircredit

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caneasilythrowtheirbudgetofftrackbyrecklesslybuyingwiththeircredit
cards.Thisagainhasanegativeimpactonthecreditscore.

Securityrisk
Ifthesafetyofthecardiscompromised,thedamagescanbehigh.Tomitigate
theriskoffraud,usersshouldsetupalertswherebythebankinformsthem
whenatransactionthatdoesnotmatchtheirusualspendingpatternisnoticed.
Highinterestoutgo
Astheincreasedcreditlimitcanalsomeangreaterspending,thechancesof
thecardholderbeingunabletorepaytheamountinfullinamonthalso
increases.Thistranslatestohighinterestoutgo.
Anotherwayofincreasingone'screditlimitisbyoptingformultiplecreditcards.
However,therearepitfallsheretoo.SaysAdhilShettyofBankbazar.com:"You
willspendmoreandthereisahighchanceofdefaultifyoucannotmanage
paymentsandcreditperiodwell.Thiswillnegativelyimpactyourcreditscore."
Shettysaysasinglecreditcardwithahigherlimitisabettersolution.Youwill
alsosaveonannualfeesofmultiplecards.

READMORE: loans|creditutilisationratio|creditscore.|Creditcard|creditbureaus

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Howcoloursaffectyourbuying
decisions

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ByRijuDave,ETBureau | 21Mar,2016,08.00AMIST

Studiesshowthatcoloursinfluence6080%ofpurchasedecisionsandthisis
thereasonshopsandretailerspicktheircoloursaftermuchdeliberation.Riju
Davetellsyoutheimpactofninecoloursonyourspending.

3
Comments

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READMORE: investments|financialdecisions|ETWealth|colours|Buyingdecisions

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SBItonowputcreditcardsintoyour
mobile
ByPratikBhakta,ETBureau | 14Mar,2016,02.11PMIST

MUMBAI:SBICards,oneofIndia'sleading
creditcardissuers,isgearinguptointroduce
paymentsthroughmobilephones,amovethat
willheatupcompetitioninthemobilewallet
servicessegment.
Thepaymentsolutionsproviderplanstomake
Itplanstomakeitscreditcardssitin
theuser'smobilephoneandfacilitate

itscreditcardssitintheuser'smobilephone
andfacilitatepaymentsthroughthehostcard

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theuser'smobilephoneandfacilitate

andfacilitatepaymentsthroughthehostcard

paymentsthroughthehostcard

emulationtechnology(HCE),whichneither
requiresswipingnorreadinganembedded

emulationtechnology.

Comments

chip.
"Thefutureofcardsisdigitalandfreeofplastic,andthroughthisnew
technology,cardscansitinone'smobileandpaymentswillbemadedirectly
throughthephone,"saidVijayJasuja,CEO,SBICards.
WorldlineePaymentServices,aFrenchpaymentscompanywhichworkswith
almostallmajorbanksinIndia,inbothmerchantacquisitionaswellas
paymentsbusiness,isintheprocessofintroducingthistechnologyherewhich
isalreadyliveinsomeofthebanksinEurope.
ItwillinstallHCE,whichwouldallowPOSdevicestointeractwithvirtualcredit
ordebitcards.
"ThistechnologycanbeintroducedthroughtheexistingPOSinfrastructurein
India.POSmachinesneedtobeupdatedsothattheycanacceptallkindsof
digitalpaymentsthroughmobilephones,andweareintheprocessofrolling
outsuchPOSterminals,"saidDeepakChandnani,CEO,SouthAsia,Worldline.
Jasujaexplainedthatthemassrolloutofthistechnologywouldrequiresome
timeastherolloutofcontactlesscardterminalshasstartedonlyrecently.The
increasingpopularityofalwaysonlinesmartdevicesandtheapplicationofnear
fieldcommunication(NFC)technologyhave,toagreatextent,helpedthe
realisationofHCE.
TheReserveBankofIndiainaconceptnoterecentlynotedthatthenumberof
POSterminalsinthecountrywasstagnantat12,36,933,whilethenumberof
creditcardsincirculationwas22.88million.
ChandnanibelievesthatwithmassrolloutofdebitcardsthroughtheJanDhan
schemeanddirectbenefittransfer,therewouldbeahugedemandfor
terminalisationacrossmerchantoutletsandinnovativesolutionslikethesewill
giveapushtodigitalpayments.
"Therewouldbenorestrictionsontheamountthatcanbespentthroughcards
andthatisoneofthepointswhichwouldgiveahugebenefittocardsfor
expansionoftheirbusinessandmoremerchantacquisition,"saidJasuja.

READMORE: VijayJasuja|SBIcards|SBI|mobile|creditcards

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03/04/2016

ShouldyoubuyacarintheageofUberandOla?TheEconomicTimes

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Lookingtobuyacar?Getonenowat
prebudgetprices
ByKetanThakkar,ETBureau | 14Mar,2016,10.52AMIST

MUMBAI:Youhavehalfamonthmoretobuy
yourdreamcaratprebudgetprices,asmost
automakershavedecidedtostayawayfrom
passingonthenewlyimposedinfrastructure
andluxurycessonexistingstocks.Thismeans
abenefitofRs2,000onasmallhatchbacktoa
fewlakhrupeesonluxurycarsforbuyersuntil
Manufacturersexpecttheofferstohelp
driveupMarchretailsalesindouble

thestocklastsortheendofMarch,whichever
isearlier.

digits,buttheyareunsureaboutthe

followingmonths.

Comments

Forautomakers,thisoffersanopportunityto

RELATEDCOMPANIES

EXPAND

clearinventoryof22.5lakh
vehicleslyingintheirstockyards

suzuki

andwithdealersbeforethenew
fiscalyearbegins.Manufacturers

MarutiSuzuki

expecttheofferstohelpdriveup
Marchretailsalesindouble
digits,buttheyareunsureabout

thefollowingmonths.Thesecarsandutilityvehicleswereproducedbeforethe
governmentannouncedthe14%infracessonvehiclesintheBudgetunveiled
onFebruary29,industryexecutivessaid.VehiclescostingmorethanRs10
lakhfaceanextra1%luxurytax.
Mostoftheautomakersannouncedpricehikesimmediatelyafterthebudget
announcement.However,somelikeMahindra&Mahindradecidedtoabsorb
theinfracessinentireMarch.
ThelikesofMarutiSuzuki,HondaandToyotahaveinformedtheirdealersto
extendtheprebudgetstocktocustomersatprebudgetprice,whichwillleadto
abenefitofRs2,000toRs80,000forbuyersofthesebrands.Thecompanies
arealsoadvertisingtheoffersastheyaimtoclosethefinancialyearona
respectableinventory.
JnaneswarSen,seniorvicepresidentofsalesandmarketingatHondaCars
India,saidthecompany'sdealershavestockofpreinfracessvehicleswhich
areavailableforashortperiod.
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03/04/2016

ShouldyoubuyacarintheageofUberandOla?TheEconomicTimes

Accordingtoindustrysources,oftheinventoryofprecessvehicleslyingeither
atcompanystockyardsoratdealerships,3040%hasalreadyexhaustedinthe
first10daysofthismonthandtheofftakeishealthy.
Attheluxuryendofthemarket,VolvoAutoIndiahasdecidedtoincrease
vehiclepricesby35%startingApril1andwillbeofferingallitsvehiclesatpre
budgetpricesuntilthen.Afterpostingmorethan25%growthinJanuaryand
February,Volvodoesn'twantthebudgethiketoimpactthesalesthismonth.
VolvoAutoIndiaMDTomvonBonsdorffsaidcustomerscangetabenefitofRs
75,000toRs2.45lakhinMarchinitsportfolio."Wehavesaidwewillincrease
pricesby35%asof1stofApril,soMarchshouldbeagoodsalesmonthfor
us.WehadstrongdemandinJanuaryandFebruaryandweexpectitto
continueinMarch,"saidBonsdorff.
India'spassengervehiclemarkethasseenregularupsanddownsintaxesin
thepast67yearsand,usually,whicheverdirectionthedutiesgo,thebenefits
ortaxispassedonimmediatelyButnow,themarketenvironmentisdifferent.
"Itisnotaneasymarket,thecostofacquiringcustomersisonlyrising.The
companiesareleftwithnochoicebuttousescenarioslikethesetodraw
customersintotheshowrooms,"saidaseniorexecutiveataleadingcarmaker.
"TheofftakefromshowroomwillbegoodinMarch,butfollowingmonthsare
likelytobetough,"hesaid.
IndustrybodySIAMhasalreadycutFY16growthrateestimateonthe
passengervehiclemarket,butishopefulofadoubledigitexpansioninthenew
yearstartingApril.

READMORE: suzuki|MarutiSuzuki|Honda|Cess|car

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ShouldyoubuyacarintheageofUberandOla?TheEconomicTimes

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The7bestnotebooksforthoseonthe
go
ByKaranBajaj ,ETBureau | 14Mar,2016,08.00AMIST

Bulkynotebooksarepasse.Thanksto
advancementintechnology,sleekand
lightweightmodelsareeasytofindtoday.ET
tellsyouwhatisworthcheckingoutinthe
market.
APPLEMACBOOKAIR:Rs73,900Onwards
The7bestnotebooksforthoseonthe
go

2
Comments

Availablein11.6and13.3inchdisplaysize,the
MacbookAirisamongstthefirstnotebooksthat
provedslimandlightweightcanalsobe
powerful.YougetIntelcorei5processor,4GB

RAMandoptionof128or256GBSSDstorage.Duetoitsslimprofileyouget
onlytwoUSB3.0portsalongwithaThunderboltport.Thegoodthingisthatit
managestodeliveruptoninehoursofbatterylifeonasinglecharge.
ASUSUX305:Rs52,470
Weighingjust1.2kg,thisisoneofthecheapestnotebookswithSSDstorage.
Youget13.3inchfullHDdisplayalongwith3USB3.0ports,HDMIportandfull
sizekeyboard.InsideisaIntelCoreMprocessorwith4GBRAM,256GBSSD
anda6cellbatterywithabackupof8hours.Ifbatteryfallsbelow5%,the
notebooktakesabackupofyourwork.
HPENVY13:Rs77,490Onwards
Withasleekallmetalbody,theHPEnvy13weighsjust1.36kgandthatiswith
a13.3inchfullHDdisplay.YougetthreeUSB3.0portsandHDMIport.
HardwareincludeschoiceofIntelcorei5ori7processor,4/8GBRAMand
256GBSSD.HPclaimsthatthe3cellbatteryoffersupto10hoursofbackup.
Thereisalsoanintegratedfingerprintscannerforaddedsecurity.
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03/04/2016

ShouldyoubuyacarintheageofUberandOla?TheEconomicTimes

LENOVOTHINKPADX250:Rs82,620
TheXseriesofdevicesintheThinkpadrangehavealwaysbeenultraportable
businessmachinesandtheX250isoneofthemostpowerfuloptionsinthe
range.Weighing1.6kg,thenotebookhasa12.5inchdisplay(1366x768
pixels)andispoweredbyanIntelCorei5processor,4GBRAMwith1TBhard
drive.YougetaUSB3.0,USB2.0,Ethernetandminidisplayport.Batterylifeis
claimedatoverninehours.
DELLXPS:13Rs76,990Onwards
Boastinga13.3inchfullHDdisplaywithsuperslimbezels,thenewXPS13
fromDellisonegorgeousnotebook.Itweighsjust1.3kgandDellclaimsittobe
thesmallest13.3inchlaptop.Hardwareincludes6thgenerationIntelCore
i3/i5/i7processor,4/8GBRAMand128/256GBSSDstorage.Therearetwo
USB3.0ports,ThunderboltandSDcardslot.Thetopofthelinemodelhas
touchscreendisplay.
U4170:Rs41,590Onwards
Thisisoneofthefewnotebooksweighingunder1.7kgwitha14inchfullHD
display.YoucangetitinoptionsofCorei3/i5/i7processorbutallvariantscome
with4GBofRAM,1TBofstorageand8GBSSDstoragefortheoperating
system.Batterylifeisuptosixhoursandportsinclude2xUSB3.0,HDMIand
ahybridpower/USB2.0port.ThebaselevelmodelhasIntelgraphicswhilethe
highermodelscomewithdedicatedNvidiacard.
HPPROBOOK440G3:Rs50,000Onwards
AvailableinoptionsofIntelCorei3/i5/i7processor,thisisanotherlightweight
notebookwitha14inchdisplaywhichisjustunder1.7kginweight.Theentry
levelmodelcomeswith4GBRAMand500GBharddrivewhereasthemore
expensivevariantscangoupto16GBRAMand256GBSSDstorage.Youget
dualUSB3.0ports,oneUSB2.0port,HDMI,VGAandEthernetportalongwith
aSDcardreader.
MicrosoftSurfacePro4:Rs89,990Onwards
Whilethishybriddevicedoesnotfallintothetypicalnotebooksegment,westill
thinkitdeservesamentionduetoitsfantasticdesignandperformance.It
featuresa12.3inchtouchscreenwitharesolutionof2736x1824pixelsand
runsWindows10.InsidetheslimchassisisaIntelCorei5processor,4GB
RAMand128GBSSDalongwithbatterylifeofclosetosevenhours.Allofthis
isinapackagethatweighslessthan800grams.Keepinmindthatyoushould
gettheTypeCoverforRs12,490.

READMORE: Thunderboltport|notebooks|HDMIport|HDdisplay|harddrive

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ShouldyoubuyacarintheageofUberandOla?TheEconomicTimes

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dinnerforCenturionCard
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Howcreditcardsaredifferentfrom
debitcards
22Feb,2016,08.55AMIST

1.Creditcardisaloanfromthebanktoyou.It
isaborrowingthatwillbecomedueafterthe
billingperiod.Ontheotherhand,debitcardslet
youaccessyourownfunds.
2.Whenyoumakeanonlinepaymentwithyour
debitcard,thetransactionisprotectedby
multiplelayersofsecurity,includingverification
withaonetimepassword.Secureyourcredit

3
Comments

Thewayacreditcardworksisdifferent

cardsimilarlywithyourbank,beforeusingit

fromthewayadebitcard.Here'sfew

online.

majordifferencesintheirusageand
working.

3.Whenyouuseyourcreditcardonline,you
havetimetodisputeawrongcharge,blocka

cardformisuse,ortaketheissueupwiththebank.Ifyouuseadebitcard,
moneymovesimmediatelyoutofyouraccountandyouareinapositionof
recoveryofyourfunds.
4.Debitcardusagemaybelimitedbyadailyamountallowedonyourcard,and
nottheamountavailableinyouraccount.Youcanmodifythisamounttothe
maximumpermissibleone.Acreditcardlimitissetforapaymentcycle,and
canbeusedfreely.
READMORE: paymentcycle|ETWealth|debitcard|Creditcard|CIEL

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