India is set to give the central government broader authority over which digital payment methods are exempt from charges, coinciding with the international rollout of UPI in multiple countries and deeper regulatory oversight of electronic currencies. India is moving to…
Reported banking fraud cases in Jammu and Kashmir have declined sharply over three years, yet the total amount lost has surged, highlighting a shift towards fewer but more costly incidents, according to Union finance ministry data. Banking and financial fraud…
A modest monthly SIP of Rs 5,000 can grow significantly over decades, highlighting the crucial role of time in wealth accumulation through mutual fund investments, according to FinCalC blog. A monthly SIP of Rs 5,000 may look modest, but over…
Achieving a ₹50,000 monthly pension through the Indian National Pension System depends heavily on the age of investment start and contribution size, with early initiation and increased savings making a significant difference. Planning for a monthly pension of ₹50,000 under…
A recent ruling by a Delhi consumer commission highlights how inaccuracies in interest calculation can significantly increase the repayment burden for homebuyers, prompting calls for vigilant record-keeping and active dispute resolution. A Delhi consumer commission has ordered a bank to…
The Employees’ Provident Fund Organisation has launched comprehensive reforms to make withdrawals faster and digital services more user-friendly, while tightening rules on accessing full balances, signalling a shift towards a more structured retirement system. The Employees’ Provident Fund Organisation has…
India’s payments landscape is experiencing a decisive shift towards digital, with UPI QR codes and online card transactions soaring, while traditional cash-based infrastructure declines, reshaping the country’s financial ecosystem. India’s payments landscape is tilting decisively towards software, with Unified Payments…
The Rajya Sabha passed legislation updating banking evidence laws and clarifying UPI fee frameworks, sparking controversy and protests during a fractious monsoon session. Parliament’s monsoon session remained fractious on Monday as the Rajya Sabha passed two bills amid Opposition protests,…
The widespread use of India’s UPI system has brought to light the complex economics of its zero-fee structure, with growing transaction volumes challenging its sustainability and revealing layered costs for merchants and providers alike. The uproar around Unified Payments Interface…
According to financial experts, sustainable wealth is less about high earnings and more about disciplined savings, strategic investing, and prudent spending habits that support long-term growth. A high salary can make life easier, but it does not automatically turn into…
Arizona Financial highlights practical steps for new adults to manage money wisely, from direct deposits to vigilant security practices, fostering long-term financial stability. Turning 18 can feel like a quick step into independence, but the financial side of adulthood is…
The Democrat-Herald introduces a comprehensive mobile app offering personalised local news, sports, opinion, obituaries, entertainment and politics, expanding its reach beyond print with a premium ad-free tier and tailored user experience. The Democrat-Herald is pitching its mobile app as a…
