Changes in tax policies significantly impact the net returns of Indian mutual fund investors, highlighting the importance of holding periods and strategic planning amidst evolving regulations. What investors ultimately keep is often a different figure from the headline return. In…
Investigations reveal a sprawling cyber-fraud operation involving a social media influencer, with links to Hong Kong and China, as authorities trace the flow of Rs 10.74 crore stolen from an elderly victim through thousands of bank accounts and cryptocurrencies. Pune…
While often used interchangeably, pre-qualification and pre-approval for credit cards differ in initiation and strength of signals, affecting how consumers should approach new credit offers. People who shop for credit cards often see two familiar labels: “pre-qualified” and “pre-approved”. They…
As cash becomes less common, experts suggest practical, ongoing lessons about earning, saving, spending, and responsible digital money use to build children’s confidence and understanding of personal finance well before independence. Helping children build money skills early is becoming more…
The Pension Fund Regulatory and Development Authority in India is testing a new scheme allowing NPS subscribers to withdraw a portion of their savings for medical expenses, marking a potential shift in how retirement funds could support healthcare needs during…
Australia’s financial watchdog reveals a surge in sophisticated investment scams leveraging AI, deepfakes, and fake celebrity endorsements, with thousands of sites taken down amid rising threats to investors. Australia’s corporate watchdog has warned that scammers are increasingly using artificial intelligence…
An evolving approach to self-employed mortgage applications now emphasises thorough income verification and business stability, with lenders scrutinising evidence beyond headline profits to better assess borrowing capacity for sole traders, partners, and contractors. A self-employed mortgage review is less about…
A dispute between India’s health insurers and hospital groups over admission guidelines and cashless facilities risks disrupting patient care, amid fears of overreach and claims rejections, as industry tensions intensify. India’s health insurers and hospital groups are once again clashing…
Despite the celebration of Nag Panchami on August 17, most bank branches across India will stay open, with regional holidays affecting select states. The upcoming week features minimal closures, primarily on August 19 in Tripura and the weekends, according to…
A case of compulsive options trading highlights the damaging effects on families, revealing the psychological pull of fast-paced trading and the importance of combined financial and professional interventions to break the cycle of debt and secrecy. What begins as a…
India’s ubiquitous UPI system, handling billions of transactions daily, sparks debate over sustainable funding as government subsidies struggle to cover rising operational costs. India’s Unified Payments Interface has become so routine that many users scarcely notice it. A scan of…
India’s ongoing debate over imposing MDR charges on transactions above ₹2,000 is re-emerging as policymakers evaluate the financial sustainability of its free-to-use UPI system, with the number ₹2,000 serving as a key reference point for future reforms. India’s debate over…
