A recent Tata AIG survey reveals a growing awareness among Indian employees about the importance of supplementary health coverage, yet a significant portion remains unprotected due to confusion and procrastination, risking financial stress amid job transitions and emergencies. A new…
Growing congestion at Singapore and Colombo ports is causing delays, higher costs, and uncertainty for Indian exporters, exposing vulnerabilities in regional supply chains ahead of peak shipping season. Congestion at Singapore and Colombo is tightening pressure on Indian exporters, with…
Recent tax reforms have significantly reduced the long-term benefits of indexation for debt mutual funds, prompting industry calls for relief ahead of the FY 2026-27 budget to safeguard conservative investors’ returns. Indexation, which adjusts an investment’s purchase price for inflation,…
As the government considers introducing merchant fees for India’s dominant UPI payment system, experts warn of possible impacts on small transactions and the system’s widespread adoption, raising questions on funding and policy direction. Finance Minister Nirmala Sitharaman has tried to…
Changes introduced in the 2023 and 2024 budgets have hampered tax advantages for debt mutual fund investors in India, prompting industry calls for the reintroduction of indexation to boost competitiveness and attract conservative investors. Debt mutual funds in India once…
While offering quick access to cash, credit card cash advances come with steep fees, high interest rates, and security concerns, urging consumers to use them sparingly and with caution. Some credit cards allow cardholders to withdraw cash against their credit…
The Telecom Regulatory Authority of India has expanded its anti-fraud measures by creating a dedicated 1601 numbering range for utility, courier, and logistics calls, simplifying caller identification and reducing impersonation scams. India’s telecoms regulator has broadened its anti-fraud push by…
As the new school year begins, families face an rising wave of AI-enhanced online scams targeting students and parents, prompting urgent safety advice from the Better Business Bureau. The Better Business Bureau’s Greater Columbia and Charleston office is warning families…
A user lost ₹2,000 after trusting an Instagram promotion, highlighting a growing pattern of influencer-linked fraud prompting regulatory scrutiny and law enforcement action. An Instagram reel promising easy money cost one user ₹2,000 after he trusted an online promotion from…
Recent changes to India’s tax rules for debt mutual funds and conservative hybrid funds, effective from April 2023, now emphasise fund classification over holding period, altering investor expectations on long-term benefits. India’s tax rules for debt mutual funds and conservative…
