At the time of opening a fixed deposit (FD), it is advisable to compare the interest rates offered by different banks. Importantly, some banks have started to slash their rates in the wake of RBI cutting benchmark repo rate after nearly five-year hiatus. Even a tiny difference – say of 50 basis points– can lead … Read more
Her first brush with the stock market wasn’t smooth due to the Harshad Mehta scam. She and her husband, Sandeep Shaligram (60), suffered massive losses in the infamous Harshad Mehta scam. “The Harshad Mehta boom motivated a lot of young couples like us to invest in stocks, but the scam and the subsequent crash in … Read more
A personal loan is quite different from other variants of loans. Unlike other loans such as a house loan or a car loan, a personal loan is an unsecured loan. Rate of interest charged on personal loan is usually higher than that of other loans and it does not require a collateral from the borrower. Key … Read more
It may be quite disappointing for credit card users to reach the airport terminal only to be turned away at the last minute. Sometimes, it is the wrong terminal while on other occasions, you have run out of maximum limits. There could be an occasion that the facility was meant for primary card holders and the … Read more
While these numbers signal progress, the question remains—are women truly building wealth, or are these just the first steps toward financial independence? Many Indian women still face two major roadblocks to wealth creation—saving enough and making tough investment decisions. Juggling multiple responsibilities often makes it challenging for women to save effectively. However, just like any … Read more
Usually when a personal loan is disbursed, the loan seeker is free to use the money for anything s/he wishes to. Unlike home loan repayment, personal loan borrowers are not given any income tax benefit. However, this rule is subject to certain exceptions. One can claim income tax benefits on interest paid when the personal loan proceeds … Read more
The Embassy of Romania is now accepting applications from Indian students for scholarships to pursue Bachelor’s, Master’s, and PhD programs in Romania for the 2025-26 academic year. Also Read: Ceremonies mark full membership of Bulgaria and Romania in Europe’s Schengen travel zone These scholarships offer financial support for all fields of study, excluding Medicine, Dental … Read more
Credit card spends earn you a good number of reward points, especially if it is in low-risk consumption categories such as grocery, utility bills, apparel, restaurant, supermarkets, telecom and entertainment. But can you use the reward points to make direct payments at merchant outlets and e-commerce platforms? Several leading card issuing banks have their own … Read more
The Odisha government has revealed a new colour code for the buildings of all government schools, including PM SHRI schools across the state, according to an official statement. The Odisha School Education Programme Authority (OSEPA) has instructed all Collectors-cum-Chairman to implement the uniform colour code in all government schools. Under the BJD government, all government … Read more
The Employees’ Provident Fund Organization (EPFO) has revised the rules for updating the profile of the members. With the recent revision, EPF members can update their Aadhaar-linked Universal Account Numbers (UAN) with personal details without the need to upload documents. EPF members can update their profiles with personal information such as name, date of birth, … Read more