Neil Borate (@ActusDei) / X

Neil Borate

42.2K posts

Neil Borate

@ActusDei

Editor-in-chief at thefynprint (Previously Personal Finance Editor, Mint)

Mumbai/Pune, India

linkedin.com/in/neil-borate…

Joined April 2009

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Neil Borate
@ActusDei
May 7
Personal Finance at its core is simple: 1) Emergency Fund 2) Health & Term Insurance 3) Equity for compounding 4) Diversification across countries & assets. After 10 years in financial journalism, I co-founded thefynprint. We give you: 1) A concierge service on financial
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Neil Borate
@ActusDei
Oct 28, 2025
Landed in Mumbai in T2 & took the Aqua line all the way to Churchgate. Uber showed an eye-popping Rs 1,100 fare! Metro carried me for Rs 70 in AC comfort. That too with my Pune metro NCMC card. India works, sometimes! Beautifully.
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Neil Borate
@ActusDei
Dec 21, 2024
The two Indias we simultaneously live in
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Neil Borate
@ActusDei
Nov 14, 2024
My Sri Lanka Trip in brief. Cost was ₹1.5 lakh for 11 days. Some of it in luxurious hotels, half the price of Indian ones. Some of it in Airbnbs. Took trains & buses, where possible More than the money, look at the beauty of the island in the thread livemint.com/money/personal…
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Neil Borate
@ActusDei
Oct 9, 2024
Prabhakar S, a coffee stall owner at IIM Bangalore got a credit of 999 crore in his account due to an error by his bank (Central Bank of India). He didn't know this had happened so didn't withdraw anything. The bank debited the money in a few days and froze his account - for no
₹999 crore shock: IIMB coffee vendor's account frozen after bank error | Today News
From livemint.com
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Neil Borate
@ActusDei
Jun 10, 2025
Japan has become a hot favourite among well-heeled Indian travellers. Today @mihir_patki shares his itinerary & budget for Japan. He went with his wife & 10-yr old daughter on a 12-day trip. Total cost was ₹5.5 lakh livemint.com/money/personal…
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Neil Borate
@ActusDei
Apr 1, 2025
Mumbai Uber cab driver told me his life's economics today 1) About 10 trips a day 2) 3-3.5k gross 3) 30% Uber cut, 2-2.5k net. 4) 500 fuel, 500 as rent 5) 1-1.5k as net income per day 6) Works for Everest which owns 18k cabs. 7) Everest pays for repairs 8) Wants own cab
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Neil Borate
@ActusDei
Oct 19, 2025
How can a city have a promenade with hawkers & crowds & yet be spotless? This is Galle face in Colombo. If they can do it, why can't Mumbai?
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Neil Borate
@ActusDei
Jun 4, 2025
One of my favourite stays in Mumbai. Sea Green (South) on Marine Drive. Rs 6.3k (breakfast included) Expensive but huge rooms & old world charm.
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Neil Borate
@ActusDei
Oct 14, 2025
EPFO meeting yesterday has announced some alarming provisions: 1) Full withdrawal in case of unemployment will happen after 12 months vs 2 months currently 2) Full withdrawal of pension after 36 months rather than 2 months currently 3) 25% of your EPF, kept in EPF always!
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Neil Borate
@ActusDei
Jul 23, 2024
Here is a summary of capital gains tax changes made today. Compiled by @jashkriplani and me
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Neil Borate
@ActusDei
Nov 4, 2024
Hotels in Colombo are cheap for Indians. Probably due to the Sri Lankan rupee depreciation against our rupee & my off peak travel timing. I booked this one (Granbell) for INR 6.8k per night. It was absolutely worth it. A 5-star in Mumbai will normally cost > 12k with tax
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Neil Borate
@ActusDei
Nov 22, 2022
Working in the US means more salary but also more expenses. How does it compare with India? Today @SatyaSontanam looks at this. If you apply purchasing power parity, $ 1 lakh salary per year is equal to Rs 23 lakh in India, not 80 lakh. See prices of few common items from Numbeo
Neil Borate
@ActusDei
Jun 24, 2025
Sharing this from a Reddit post. I couldn't stop laughing! This is the sad reality though.
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