Changing your car? Neither your insurer nor your car salesman will tell you about the No Claims Bonus. Here is what you need to know

Every new development in India involves an expensive learning process. Consumers trying to transfer a legitimate No Claims Bonus (NCB) from an old car to a new one are learning this the hard way. A chance discussion on a consumer group made me realise that...

Plus a few other aspects of grooming

Women’s hair-dressing has been around for ages. Now men’s hair-dressing has also ‘come of age’. Many in the corporate world go to expensive hair-dressers, and have their hair ‘coiffured’. There is the ‘standing up’ hair look and the ‘pasted down’ look and many others. The question is: are these hair-dos appropriate for the corporate environment and in...

How to deal with rising interest rates on home loans? For one, don’t panic and shift to a fixed-rate loan

The five-year borrowing frenzy  - when home loan rates at under 7% were at their lowest ever - has decisively ended. It is now trauma time. After seven interest rate hikes in less than two years (a 4% increase), middle class borrowers are realising the full horror of floating rate loans...