The Andhra Pradesh government has announced the revival of an additional pension benefit for nearly four lakh pensioners, with implementation scheduled for January 2027, including increased pension quantum for seniors and a broader relief package for state employees and retirees.…
The Indian government’s decision to increase the Employees’ Provident Fund Organisation wage ceiling from Rs 15,000 to Rs 25,000 aims to extend pension coverage and potentially boost life insurance benefits for over 51 lakh workers, with the maximum insurance sum…
A new study reveals that urban Indians are significantly underfunded for retirement, with shifting attitudes and planning gaps highlighting the need for smarter savings strategies amid changing expectations. Urban Indians are still far short of the retirement savings they say…
The Supreme Court has mandated the Reserve Bank of India to ensure banques and NBFCs adhere strictly to lawful and transparent recovery procedures, restricting forceful vehicle seizures without proper notice and legal safeguards. The Supreme Court has told the Reserve…
Home loan rates in India hover near multi-year lows in mid-September, with public sector banks offering competitive rates around 7%, while private lenders’ rates vary based on borrower profile and loan size. Home loan costs in India remained near multi-year…
Despite record-breaking growth in digital transactions, India’s reserve currency in circulation continues to expand, highlighting the ongoing coexistence of cash and digital payments in the country’s diverse economy. India’s cash economy is still expanding even as digital payments set fresh…
As India’s digital transaction landscape expands, an increasing number of bank accounts are being suddenly frozen amid cybercrime probes. Experts highlight the importance of clear procedures and documentation for account holders to navigate and challenge restrictions swiftly during investigations. India’s…
As living expenses climb, refinancing a car loan offers a potential lifeline, if borrowers carefully navigate eligibility, rates, and timing to optimise their financial relief. A car loan that felt manageable two years ago can become a strain once rents,…
The Allahabad High Court has directed SBI to return ₹19.90 lakh to Neha Mishra, ruling the bank’s seizure of her fixed deposit for her late husband’s loan was unlawful, and awarded her compensation, highlighting the importance of protecting customer assets…
Many consumers overlook small monthly recurring charges that silently add up. Experts recommend regular review and management of subscriptions to prevent wasted spending and maintain financial clarity. Many cardholders lose track of small recurring charges that quietly renew each month,…
A Pune-based pharmaceutical executive aims to retire in his 40s with Rs 10 crore by steadfastly investing over 13 years through SIPs, debt-free finances, and disciplined spending, exemplifying the FIRE movement’s growing appeal in India. Shubh Patil’s story is the…
While savings accounts offer liquidity and convenience, fixed deposits in India provide significantly higher returns for those willing to lock in their money, prompting savers to reconsider their investment strategies amid rising inflation. When a household or young salaried earner…
