As international travel rebounds, travellers are urged to scrutinise their insurance policies more carefully, especially with the rise of Cancel For Any Reason (CFAR) options that still leave gaps in coverage. Experts advise early purchases and thorough comparisons to avoid…
The Indian government plans to introduce a behaviour-based insurance system, offering discounts to responsible drivers and penalties for offenders, in a bid to improve road safety and accountability. Union Road Transport Minister Nitin Gadkari said on Monday that India will…
India’s gold loan market is experiencing rapid growth, with households increasingly borrowing against gold for quick access to funds, driven by rising gold prices and shifting consumer preferences. Gold loans are gaining momentum in India as households increasingly choose to…
Policyholders must carefully read the fine print of term insurance policies, as claims can be delayed, reduced, or denied due to specific exclusions, undisclosed risks, or misrepresentations, impacting family benefits. Term insurance is often presented as a straightforward way to…
Police investigate a low-tech ATM scam in Nagpur where two men used a plastic strip to trap cash and cheat 41 customers out of Rs 1.52 lakh, highlighting the ongoing vulnerability of cash machines to simple tampering techniques. Police in…
A woman in Himachal Pradesh becomes the latest victim of a growing trend of ‘digital arrest’ frauds, highlighting the persistent danger of impersonation scams that continue to deceive even with increased public awareness and law enforcement efforts. A woman from…
Fraudsters are exploiting caller ID manipulation and AI voice imitation to deceive consumers into revealing bank details, leading experts to urge cautious verification through trusted channels amid rising scam tactics. Scammers are finding that they do not need to breach…
Experts recommend starting with modest savings of $1,000 and building up to three to six months of essential expenses to safeguard against life’s financial shocks, with strategic saving and account management key to resilience. An emergency fund is the simplest…
The Allahabad High Court has clarified that a bank cannot automatically treat a widow’s independently held funds as liable for her late husband’s debt, emphasising lawful recovery procedures and the distinction between legal heirs and co-borrowers. The Allahabad High Court…
A well-structured travel money strategy based on destination and itinerary details can streamline your first day abroad, avoiding stress over cash, card fees, and payment methods. A well-planned travel money strategy can make the first day of a trip noticeably…
South Korea’s financial regulator has issued warnings to borrowers about the complexities of securing lower loan rates and the importance of understanding repayment terms, amid varying lender conditions and potential rate changes upon renewal. Bank customers may assume that moving…
While both frugality and cheapness involve saving money, the key difference lies in value judgment. Frugal individuals seek long-term benefits, avoiding choices that may cost more in the end, unlike cheap shoppers who prioritise immediate savings often at a future…
