Backed by the government and offering quarterly compounding at 6.7%, India Post’s recurring deposit scheme remains a low-risk, straightforward savings option for households planning medium-term financial goals. For savers looking for a low-risk route, the Post Office recurring deposit has…
The National Payments Corporation of India (NPCI) has launched UPI AutoPay with plans for interoperability, aiming to simplify and expand recurring digital payments by allowing seamless movement of mandates across apps, potentially transforming the landscape of automatic transactions in India.…
A recent study reveals that anchor investors in India are exiting IPOs much sooner than intended, prompting calls for stricter lock-in rules to restore confidence and improve the signalling role of anchor investors. India’s anchor investor system was meant to…
Advait Energy Transitions is rapidly advancing into the green energy sector, with plans for a large-scale manufacturing facility and a booming order book, positioning itself as a key player in India’s green hydrogen market growth. Advait Energy Transitions is moving…
India’s Ministry of Home Affairs has issued an alert about malicious apps disguised as adult-content platforms that are being promoted via social media ads, risking phone security and financial theft. India’s Ministry of Home Affairs has warned Android users about…
A 53-year-old man from Mysuru fell victim to a sophisticated online matrimonial scam, losing over Rs. 13 lakh after being manipulated through fake profiles and emotional pressure, highlighting a worrying rise in cyber fraud schemes across India. A 53-year-old man…
Indian shares ended lower on August 31, with declines across green energy, power, and technology sectors, amid subdued global cues and sector-specific volatility. Indian shares finished lower on August 31 as selling spread across green energy, power and technology-linked counters,…
India’s banking sector ended August with a significant cash surplus of about Rs 5.05 lakh crore, driven by foreign currency deposit inflows and government expenditures, prompting RBI to use monetary tools to manage liquidity levels. India’s banking system ended August…
India’s GST e-invoicing system enforces stricter compliance deadlines and enhanced security measures for businesses with turnovers exceeding ₹10 crore, reflecting a push towards automation and fraud prevention in tax processes. E-invoicing under India’s GST system remains a hard requirement for…
A comprehensive approach to choosing health insurance involves evaluating total costs, coverage details, and claim processes, rather than just premiums, to ensure genuine value and protection. Choosing a health insurance plan on premium alone can be misleading. A lower monthly…
