If you are a heavy user, it could be even three times its original price.

Buying a car is the second biggest buying decision after a home. While it’s okay to occasionally binge, over-stretching your car budget can cause financial angst and jeopardise long-term financial plans. Spend only what you can truly afford. How do you do that?

Market watchdog Sebi recently came out with new guidelines for liquid funds. The newly introduced norms could potentially change the portfolio orientation of liquid funds.