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To make vehicle insurance policies accessible and affordable, ACKO, one of the leading general insurance providers, has collaborated with Bajaj Finance to extend various car and bike insurance policies. This partnership aims to reduce the time required to purchase a motor insurance policy with an online and transparent process. Read along to know more about the features and types of ACKO car insurance and two-wheeler insurance policies. Types of two-and four-wheeler insurance policies offered by ACKO Following are the types of two- and four-wheeler insurance policies that ACKO insurance will offer through Bajaj Finance – A.  Third-party insurance The third-party two-wheeler or four-wheeler insurance policy extended by ACKO provides coverage against loss or damage caused to third-party property or individuals. According to the Motor Vehicles Act of India, it is essential to have a third-party insurance policy to make vehicles road legal in India. B. Comprehensive … [Read more...] about ‘Bajaj Finance partners with ACKO General Insurance to offer motor insurance policies

Share to Twitter Share to Linkedin Today Warren Buffett and Charlie Munger held court at the 2022 Berkshire Hathaway BRK.B BRK.A shareholder meeting. I’ve attended the event twice in Omaha. This year I watched on my iPad from a Starbucks SBUX in Ocean City, Maryland. Watching it live in Omaha is better. Yet as always, Buffett and Munger imparted their wisdom as only they can. Here are seven things I learned. 1. Berkshire Earnings Declined 53%, But Not Really The headline number for Q1 2022 was a decline of earnings from $11.71 billion last year to $5.46 billion this year. Dig a bit deeper into the numbers, however, and you realize why Warren Buffett has criticized an accounting rule that requires Berkshire to report unrealized investment gains and losses on its statement of operations. Berkshire’s operating earnings increased year over year. In Q1 2021 the company’s operations earned $7.018 billion (after tax). In the first three … [Read more...] about 8 Things I Learned From The 2022 Berkshire Hathaway Meeting

Share to Twitter Share to Linkedin Student loan debt in 2022 is now more than $1.7 trillion. The latest student loan debt statistics for 2022 show that there are 45 million borrowers who collectively owe approximately $1.7 trillion in student loan debt. Student loan debt is now the second-highest consumer debt category — second only to mortgage debt and higher than debt for both credit cards and auto loans. The Covid-19 pandemic has significantly impacted student loans. In March 2020, Congress responded with historic student loan relief, including pausing federal student loan payments. Both President Donald Trump and President Joe Biden extended the student loan payment pause multiple times. Biden paused federal student loan payments through August 31, 2022. Student loan cancellation has become the hot topic with student loans. For years, progressives in Congress have lobbied Biden to cancel up to $50,000 of student loans. The president has called on … [Read more...] about Student Loan Debt Statistics In 2022: A Record $1.7 Trillion

By Sheriff Jim Wilson, Shooting Illustrated Image Caption: Ruger ’s PC Carbine is just one of the many options available for those who choose the PCC lifestyle. Accepting Glock magazines and with a variety of options for attaching accessories, the PC Carbine makes a lot of sense for defense. Students of firearm history know the concept of pistol-caliber carbines is not a new one. They really first became a hot item back in 1873, when Winchester introduced the Model 1873 carbine and rifle. Coincidentally, that is the same year Colt unveiled the Single Action Army revolver. In short order, Winchester offered the Model 73 in .44-40 WCF, .38-40 WCF and .32-20 WCF chamberings. Colt responded by chambering its big revolver in the same calibers. Surprisingly, in those days the Winchester was not chambered in .45 Colt; that only occurred in more modern times. Marlin and other companies soon got on the bandwagon, too, offering carbines that were compatible with Colt, Smith & … [Read more...] about How Pistol Caliber Carbines Can Fit In Your Defensive Plan

Share to Twitter Share to Linkedin So goes California, and so typically goes the country. And the North American automotive industry along with it. That's possibly the case with California and its battle over data. There is no question the automotive manufacturers want data from hundreds of sensors for a multitude of reasons ranging from warranty reduction, repair prognostics, machine learning of safety-related systems and, yes, advertising revenue. As the former CEO of Ford, Mark Fields, announced to the world in 2016 , "As our vehicles become part of the Internet of things and as consumers give permission to us to collect that data, we'll also become an information company. Our differentiator will be how we use that data to satisfy our customers in ways that they never thought possible in their lives." In fact, it's projected by 2023 that worldwide sales of connected vehicles will surpass 76 million units (70% globally, 90% in the United States) with … [Read more...] about Privacy Battle Over Connected Cars Takes An Interesting Turn In California

Share to Twitter Share to Linkedin Our theme of EV Supplier stocks has underperformed this year, declining by about 20% year-to-date, compared to the S&P 500 which is down by about 16% over the same period. The decline comes as investors rotate out of futuristic themes and higher multiple stocks, amid rising interest rates and tighter monetary policy by the U.S. Federal Reserve. That being said, demand for electric vehicles has remained robust, driven by surging gasoline prices (up by around 25% year-to-date) and continued government support. For perspective, sales of plug-in electric vehicles in the U.S. rose by almost 60% year-over-year in Q1 2022 to around 160,000 units, compared to the broader auto market which contracted by about 18% year-over-year due to supply chain constraints. Now the near-term outlook for EV supplier stocks could be mixed. While we expect EV demand to hold up, there are concerns that the U.S. could be headed for a recession, … [Read more...] about EV Demand Is Surging. Why Are Suppliers Underperforming?

Share to Twitter Share to Linkedin Certain predators can’t see their prey if the prey holds still. It’s the same with some investors. Stocks that do nothing for a while may vanish from investors’ consciousness. But stagnant stocks can sometimes be good buys. Hence, my Do Nothing Club. It’s an annual compilation of stocks whose price is little changed during the past year, and also the past month, but that I think may spring to life. I first conceived the Do Nothing Club on a lazy spring day in 1999. I’ve written 18 columns about it since then; today’s will be the 19 th . The average one-year gain on my Do-Nothing picks has been 13.1%, compared to 9.1% for the Standard & Poor’s Total Return Index. Bear in mind that my column results are hypothetical and shouldn’t be confused with results I obtain for clients. Also, past performance doesn’t predict the future. On a one-year basis, 15 of my 18 previous lists have been profitable, and … [Read more...] about Micron, MetLife And 3 Other Passive Stocks That May Spring To Life

These days, corporations make public proclamations after just about every significant news event. After George Floyd was murdered, tech companies, including Microsoft and Apple, made pledges of $3.8 billion to diversify their hiring practices and better support Black workers. Airbnb, Google, and others rushed to announce matching donations to support relief efforts when Russia invaded Ukraine this February. And back in 2013, hundreds of companies , among them Starbucks and Facebook (now Meta), urged the Supreme Court to overturn the Defense of Marriage Act. advertisement advertisement This is part of a series of articles on the business case for abortion access. See the full package here. So why is it that, even amid the mounting pace of state legislation and recent Supreme Court leak , companies have had so little to say about abortion? Starting in March, in anticipation of the Court’s final decision this summer, … [Read more...] about Why corporate America is afraid to talk about abortion

Share to Twitter Share to Linkedin Key News Asian equities were largely higher following the US market’s rip higher on Friday though China was off and several markets were closed for Vesak Day, one of the most sacred days for Buddhists. China’s April economic release was an expected dud due to Shanghai’s lockdown. Retail sales were driven lower by fall in -22.7% fall in restaurant sales though online retail sales have rebounded year-to-date as of the end of April. Hong Kong internet stocks had a mixed night in response as Meituan fell -2.45%, Tencent fell -1.24, Alibaba HK gained +2.92%, Kuaishou gained +0.81%, and JD.com HK gained +0.2%. JP Morgan’s analyst team upgraded many Chinese internet stocks following their March 15 th “uninvestable” downgrade that marked the low. Tencent had a small net outflow from Mainland investors via Southbound Stock Connect while Meituan had another small net buy. Earnings season for China internet names kicks … [Read more...] about No Surprise In April Data As Lockdowns Weigh On Economic Activity

China's Covid containment measures, especially in the world's largest port city of Shanghai, have influenced Thailand's supply chain security and could cast a shadow on local manufacturers' decisions in the medium term. How have China's port lockdowns affected Thailand's supply chain security? Nomura Securities said 40 cities in China are under full or partial lockdowns, or have implemented district-based controls. This means restrictions on mobility for businesses as well as local residents. Shanghai's port is one of the busiest in the world, with S&P Global Market Intelligence reporting there has been an increase in wait times in recent months for bulk cargo ships at anchor waiting to enter Chinese ports. The number of ships waiting has increased to 600-700 from 500 in early March, or about 20% to 40% more than two months ago. Mana Nimitvanich, first vice-president at Krungthai Bank on the Business Risk & Macro Research Team, said China's zero-Covid policy has … [Read more...] about Is Thai supply chain anchored to China?