Expenses don’t become a burden if they have been planned. A separate festival fund in which you put away a small amount every month will allow you to spend freely without borrowing or dipping into the savings for other critical goals.
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Cummins India reported a 23% rise in second-quarter profit as lower expenses helped offset slowing engine demand. The Indian unit of U.S. engine maker Cummins reported a consolidated profit of 3.29 billion rupees, up from 2.67 billion rupees last year. Total expenses fell 5.1% on lower cost of raw materials. Income from operations marginally dipped 1.8% due to weaker demand for newly launched and more expensive power generator sets made to meet revised emissions guidelines.
