As the baby-boom generation ages, more adults are stepping into the role of financial caregiver for parents, prompting a shift in family dynamics and early planning to avoid crises and disputes over assets. As the baby-boom generation grows older, more…
A review of Indian households shows that the final expenses of childbirth often surpass hospital estimates, influenced by insurance coverage, hospital selection, and neonatal care needs, highlighting the complexities faced by parents in managing maternity costs. For families expecting a…
Effective negotiation hinges on thorough preparation, understanding your leverage, and strategic timing, whether tackling bills, debt, or salary discussions. Experts emphasise that knowing your numbers and approaching conversations with clarity can lead to more favourable outcomes. Negotiation is often less…
While holding three credit cards with a Rs 5 lakh limit may seem advantageous, experts highlight that responsible utilisation and timely payments are the key drivers of a strong credit score, not just the number of cards or total credit…
The Indian Cyber Crime Coordination Centre has launched two online mechanisms to help victims recover stolen funds and challenge account freezes, yet issues of accountability and delays persist amid widespread usage across Mumbai and beyond. For cyber-fraud victims in India,…
Financial experts advise ₹1 lakh salary earners to stick to a conservative EMI range of ₹35,000 to ₹40,000 to avoid overextending and ensure financial stability, prompting a shift towards more prudent home loan strategies amid rising borrowing capacities. Buying a…
While virtual card numbers can reduce credential exposure during online transactions, they are primarily a containment tool rather than a comprehensive security solution. Their effectiveness varies depending on issuer features and merchant acceptance. Virtual card numbers are designed to keep…
Experts emphasise the importance of separating personal and business finances, establishing emergency reserves, and reviewing spending habits early in one’s career to secure a more stable financial future. For many people in their earning years, the focus is on advancing…
A 73-year-old man from Indore lost over Rs 3.34 lakh after his misplaced mobile phone was used to illegally access his bank account via a UPI app, highlighting growing threats linked to lost smartphones and digital banking vulnerabilities. A 73-year-old…
A collaborative workshop in Keyi Panyor district promotes vital skills in money management and digital security, highlighting recent developments in cyber threats and banking practices. A workshop in Keyi Panyor district brought together finance and cyber safety in one setting,…
With income varying sharply month to month, self-employed families are adopting a conservative approach, focusing on baseline earnings, separating accounts, and maintaining buffers, to build financial resilience amid irregular paychecks. For self-employed families, money rarely follows a neat monthly rhythm.…
India is contemplating a shift to usage-based motor insurance tied to digital driving behaviour data, aiming to reward safer drivers and curb the country’s high road accident fatalities, alongside plans for a new FASTag portability scheme. India is weighing a…
