The FIRE movement gains momentum as higher housing and living costs, along with longer working lives, prompt more people to rethink traditional retirement, with strategies ranging from minimalist lifestyles to career breaks. The FIRE movement, short for Financial Independence, Retire…
The Reserve Bank of India has unveiled new draft regulations requiring borrower consent for benchmark changes and aiming to standardise floating-rate loan protocols, potentially offering greater borrower safeguard and transparency. The Reserve Bank of India has proposed a fresh set…
A new perspective on managing household finances highlights the importance of transparency and shared responsibility over traditional notions of independence, challenging couples to adopt more balanced approaches to money management. The idea of being “financially independent” in marriage is often…
The National Pension System (NPS) stands out as a comprehensive retirement scheme, providing tax relief at multiple stages, contribution, growth, and withdrawal, making it a strategic choice for long-term investors seeking flexibility and tax efficiency. National Pension System, or NPS,…
EbixCash and MSRTC have surpassed a key milestone in their contactless fare scheme, with more than 1 crore NCMC registrations and 66 lakh activations, signalling a strong shift towards digital ticketing in Maharashtra’s transit system. EbixCash and the Maharashtra State…
PhonePe is redesigning its products and infrastructure around artificial intelligence, focusing on natural language understanding and privacy to redefine digital payment experiences and streamline merchant onboarding. PhonePe is betting that the next stage of digital payments will be shaped less…
Paramotor Digital Technology Ltd has announced a co-branded partnership with NSDL Payments Bank to issue secure prepaid cards across India, boosting its consumer and corporate spend management platforms amid preparations for a potential stock market listing. Paramotor Digital Technology Ltd…
Shares in Voltas declined over 6 per cent on Monday despite posting a 51.3 per cent rise in quarterly profit, as brokerages diverged in their outlooks on the company’s growth and margin strategies amid strong demand and capacity expansion. Voltas…
Sky Gold & Diamonds Ltd has been added to the MSCI India Domestic Small Cap Index, signalling increased investor confidence as the jewellery firm leverages operational improvements and strategic growth initiatives amid rising market visibility. Sky Gold & Diamonds Ltd…
Nippon India Mutual Fund has introduced a new Income Plus Arbitrage Omni Fund of Fund, combining arbitrage strategies with debt investments to target steadier, tax-efficient returns for long-term investors amid evolving market dynamics. Nippon India Mutual Fund has opened a…
