Gifting a systematic investment plan for Raksha Bandhan involves navigating complex rules around third-party funding, KYC requirements, and tax implications, making the act more intricate than simply transferring money. Gifting a systematic investment plan, or SIP, can be a thoughtful…
A new NITI Aayog report warns that West Bengal’s rising liabilities, stagnant revenue mobilisation, and limited industrial base threaten its long-term fiscal health, prompting calls for urgent reforms and better debt management. West Bengal’s finances are under heavy strain, with…
Industry leaders in Kathmandu advocate for a comprehensive digital payments framework linking payments, identity verification, and document exchange to facilitate scalable cross-border commerce between India and Nepal. Industry leaders meeting in Kathmandu have called for a broader India-Nepal digital payments…
A Mumbai consumer commission has rejected a Rs 1 lakh claim by Rahul Gopichand Patil, ruling that his brother does not qualify as a beneficiary under the state’s farmers’ accidental insurance scheme, highlighting ongoing eligibility and verification issues in agricultural…
Vodafone Idea’s chairman Kumar Mangalam Birla highlights the company’s improved financial outlook following a significant reduction in AGR dues and announces plans for network expansion and capital expenditure. Vodafone Idea’s chairman Kumar Mangalam Birla said the government’s reassessment of adjusted…
S&P Global Ratings has reaffirmed India’s sovereign credit rating at BBB with a stable outlook, citing ongoing economic resilience and policy continuity, while highlighting fiscal pressures and the importance of infrastructure investment. S&P Global Ratings has kept India’s sovereign credit…
Banks across India are adopting video-based customer identification to facilitate quick, branch-free savings account openings, marking a shift towards fully digital onboarding amid evolving KYC regulations. Opening a savings account online in India can now be a largely branch-free exercise,…
As average retiree spending nears $60,000 annually, financial experts emphasise the importance of flexible budgets that account for rising healthcare and utility expenses, highlighting the unpredictable nature of post-retirement finances. ChatGPT can produce a neat retirement budget, but real life…
Dbs Bank India plans strategic expansion into small and medium enterprise lending, wealth management, and technology integration, focusing on quality over quantity amidst recent solid growth and improved asset quality. Rajat Verma says DBS Bank India plans to grow across…
India’s expanding reliance on quality-control orders by the Bureau of Indian Standards raises concerns over supply chain disruptions, increasing costs, and the challenges faced by small and medium enterprises amidst ongoing certification regulations and policy tensions. India’s standards regime is…
