A Gorakhpur man fell victim to a Facebook-based scam after believing a false story about airport luggage detention, resulting in a loss of over Rs 15 lakh, with police now probing the case. A man in Gorakhpur has alleged that…
A wave of innovative financial tools and services is empowering seafarers to attain true financial freedom, shifting focus from visible wealth to sustainable options and long-term stability. For many seafarers, financial freedom is less about displaying wealth than about gaining…
Guidelines emphasise prompt notification, complete evidence, and organised records as key to avoiding delays in car insurance claims, with recent advice offering practical strategies for policyholders to expedite settlements. Prompt reporting, careful record-keeping and clear follow-up remain the best ways…
Despite easing deposit rates, savers can still secure attractive yields on short-term certificates of deposit, with Synchrony Bank leading offers at 4.15% APY for a 14-month term amid ongoing rate fluctuations. Deposit rates are easing, but savers can still find…
India’s domestic semiconductor industry is gaining momentum with new plants operational and significant government investments, signalling a strategic move towards technological self-reliance and economic resilience, as the country aims to build a comprehensive chip ecosystem over the next decade. India’s…
The Indian tax authorities specify that speculative trading must be reported separately from regular business income and exclude such activities from presumptive taxation, affecting low-turnover traders with losses. In India’s ITR-3, speculative trading is meant to be reported separately from…
The Delhi bench of the Income Tax Appellate Tribunal has clarified that interest paid under section 28 of the Land Acquisition Act cannot be taxed separately as income when the land in question is classified as rural agricultural and outside…
The Reserve Bank of India has introduced new rules in 2026, removing prepayment charges on floating-rate personal loans for eligible borrowers, offering greater financial flexibility and transparency. A year-end bonus or a windfall from a successful investment often prompts one…
India’s central bank has suggested connecting the digital currency systems of BRICS nations, aiming to streamline cross-border transactions and enhance economic resilience amid dollar reliance and US sanctions. India’s central bank has proposed linking the digital currency systems of BRICS…
OmniCard reports rapid growth of its configurable business fintech platform, supporting over 22 lakh cards and serving more than 1,000 enterprises to replace fragmented spend tools with a unified system for payments and expense management. OmniCard says its business fintech…
