India marks its independence by showcasing rapid advancements in indigenous digital technologies like UPI, FASTag, DigiLocker, ONDC, and NavIC, reshaping daily transactions and commerce for millions. India’s Independence Day is as much about digital self-reliance as it is about political…
India has announced a reduction in export levies on petrol, diesel, and aviation turbine fuel following improvements in refining conditions and product supply, with the adjustments taking immediate effect and focusing on exports only. India has lowered the export levy…
The Reserve Bank of India is set to introduce new draft rules that aim to make loan pricing more consistent and transparent, potentially reducing disparities for existing and new borrowers and improving fairness in lending practices. India’s central bank is…
As UPI’s transaction volumes soar, industry and policymakers debate whether higher-value payments should have merchant discount rates, weighing infrastructure costs against the platform’s vital economic benefits. The debate over whether higher-value Unified Payments Interface transactions should attract a merchant discount…
The Telangana State Consumer Disputes Redressal Commission has ordered Tata AIA Life Insurance to pay a ₹1 crore death benefit after ruling that the insurer failed to prove deliberate non-disclosure by the deceased, challenging insurer practices around material facts in…
Senior citizens in India continue to favour five-year fixed deposits as a safe investment option, with rates varying across banks but offering stable returns amid changing market conditions. Senior citizens in India looking for a safer place to park savings…
Many EPF members mistakenly believe the year-end balance directly reflects the interest earned at the annual rate; in reality, interest is calculated monthly on updated balances, affecting how much members actually earn. EPF members often assume the provident fund rate…
As India celebrates Independence Day, experts emphasise the importance of regularly reviewing mutual fund holdings, discerning temporary underperformance from structural issues, and avoiding behavioural biases that can impair long-term returns. India’s Independence Day is often a moment for reflection, and…
Careful budgeting and diverse financing options are key as homeowners navigate the complexities of funding major home renovation projects amidst rising costs and unexpected surprises. Large renovation projects can improve a home’s comfort and value, but the money side can…
As household budgets tighten, experts advocate for not only emergency funds to weather unforeseen crises but also allocated splurge accounts to preserve life’s pleasures, illustrating a balanced approach to financial well-being. A broken refrigerator is the sort of inconvenience that…
