IndianOil RBL Bank XTRA Credit Card offers 8.5% valueback: Should you take it? | Mint

For many individuals, fuel expenses like petrol, diesel, etc., form a decent percentage of their overall monthly expenses. However, most credit cards don’t give reward points on fuel transactions. Infact, many credit cards charge a 1% surcharge on fuel transactions. In such a scenario, co-branded fuel credit cards assume a lot of significance. One such … Read more

Investing in China: The how and why of it

Over the past 10 years, the Shanghai SE Composite Index rose just 2.5%. However, the Chinese government’s stimulus measures to boost domestic consumption and DeepSeek’s AI model lifted the sentiment. China’s benchmark index has delivered 12.55% returns over the past one year compared with a 1.8% rise in the Nifty 50 during the period in … Read more

Gen Z Is Taking ‘Micro-Retirement.’ Don’t Laugh.

(Bloomberg Opinion) — Gen Z has been in the workforce just long enough to want out. Well, at least temporarily. The concept of a micro-retirement has started to trend (again) on social media, which makes it seem as if an entire generation of twenty-somethings wants to take an adult gap year. Is this a rebranding … Read more

The state where Ponzi schemes thrive, but mutual funds barely exist

For Maibam Nirbuala Devi, financial literacy came too late. Together with her family, she invested ₹48 lakh in a local scheme promising 5% monthly returns—only to find out it was a Ponzi scam. “In channels around here, the ads were about the schemes I invested in,” said Devi, who now faces mounting family tensions over … Read more

My Melbourne: How four immigrant tales teach powerful money lessons | Mint

The city of Melbourne glues the stories together. A story about a father and son, a woman trying to make a place for herself in a strange land, a dancer who needs to discover freedom by freeing her own limitations, a young man trying to make himself heard in the deep gulf of silence between … Read more

QS World University Rankings: 5 IITs feature among top 50 institutes by subject, ISM Dhanbad shines; check details | Mint

Five IITs, including Indian Institute of Technology (IIT) Delhi, Bombay, Madras, Kharagpur, and the Indian School of Mines in Dhanbad, have featured among the top 50 institutions in the QS World University Rankings by Subject 2025. ISM Dhanbad, which has been given the status of an IIT, has been awarded the highest rank for an … Read more

Stay debt-free: Top 5 ways to control credit card expenses | Mint

Credit card distribution growth and spending in India continues to rise, reaching ₹1.84 lakh crore in January 2025, according to data provided by Asit C. Mehta Investment Intermediates. Hence, in this kind of an environment managing credit card expenses effectively is crucial to avoid financial strain later on. For the same proper education, knowledge sharing … Read more

What is a prepayment penalty on a personal loan and how does it affect you? | Mint

Personal loans are becoming increasingly popular in India as they are easily available and convenient. Prominent lending institutions such as: HDFC Bank, ICICI Bank, Kotak Bank, Bajaj Finance, CreditAccess Grameen among others are rapidly scaling up loan distribution services. Also Read | 10-minute personal loans: Fast money or a fast track to debt? Due to … Read more

Will ₹6 crore be enough for retirement? How to plan for a secure future | Mint

I am 38 years old, earning ₹1.80 lakh per month, with monthly expenses of ₹1 lakh. My current investments include ₹8,000 in NPS, ₹6,000 in VPF, ₹18,000 in EPF, and ₹50,000 per month in equity mutual funds. My accumulated savings stand at ₹7 lakh in NPS Tier 1, ₹15 lakh in PPF, ₹14 lakh in … Read more

HSBC Bank launches TravelOne Credit Card: Should travel geeks consider it? | Mint

As the travel segment grows, the competition in the travel credit card category is picking up. Some banks have rolled out travel-centric credit cards. Earlier, we had the American Express Platinum Travel Credit Card and the Axis Bank Atlas Credit Card in the travel category. Now, HSBC Bank has also joined with the TravelOne Credit … Read more