A revised approach to household saving suggests allocating 15% of income, 10% for essentials and emergencies, and 5% for lifestyle upgrades, to better manage life’s inevitable costs without compromising long-term financial health. Many households underestimate how quickly ordinary life can…
The Indian government has intensified its anti-fraud measures within the Ayushman Bharat scheme, de-empanelling over 2,300 hospitals and deploying AI technology to prevent fraudulent claims, as the scheme continues to expand rapidly amidst ongoing enforcement action. India’s Ayushman Bharat-प्रधान Mantri…
Cybercriminals are increasingly exploiting AI technology and social engineering tactics to trick smartphone users into installing remote-access software, enabling them to steal personal data and funds with alarming speed and sophistication. Scammers are increasingly targeting smartphones with a simple but…
The Financial Supervisory Service cautions investors about the dangers of overseas real estate public offering funds, highlighting recent disputes and structural risks that could erode returns and lead to significant losses. The Financial Supervisory Service has urged investors to treat…
To celebrate International Cat Day, GoInsuran is offering motorists a chance to win a gold wafer coin collection and enjoy instant savings and flexible payment options on renewals, highlighting its strategy to turn vehicle renewals into engaging marketing events. GoInsuran…
PTT cautions customers against increasingly sophisticated fake messages mimicking official communications, amid a global rise in SMS and email scams targeting personal and banking data. PTT has warned customers about a surge in fake messages that appear to come from…
Although borrowing can support long-term goals, understanding the full costs and managing repayments carefully is vital to prevent debt from becoming a financial burden. Experts emphasise the importance of comparing offers beyond headline rates, creating realistic repayment plans, and maintaining…
As India’s elderly population surges, more retirees aspire to work for purpose and income, yet obstacles such as tax implications, digital illiteracy, and job availability hinder their efforts, highlighting a evolving landscape in post-retirement employment. For many Indians, retirement is…
The Ladki Bahin scheme in Maharashtra has provided women with financial control and political support, but recent verification efforts have cut nearly 38% of beneficiaries, raising questions over fiscal management and programme effectiveness. Until recently, Nirmala Bawaskar had never held…
Rising mortgage application and account takeover frauds in the UK signal a growing threat to the property sector, with experts urging enhanced identity verification methods amid increasingly sophisticated criminal tactics. Rising mortgage fraud across every reported category is emerging as…
The Indian government reassures that the Unified Payments Interface will stay free for consumers, even as it considers introducing nominal charges for certain merchant transactions, amid legislative changes to ensure sustainable growth of the digital payments ecosystem. India’s government has…
India’s securities regulator, SEBI, deploys advanced AI systems like Project SUDARSAN to detect and curb misleading social media finance content, signalling a major shift in investor protection efforts amid rising social media influence. India’s market regulator is leaning more heavily…
