Credit cards have evolved far beyond their initial form as plastic cards. They are now integral financial tools that can significantly boost your financial management and lifestyle. Understanding and knowing these key benefits before applying will help you choose the correct credit card designed for your needs. Below are five key benefits of using credit…
Starting August 1, private sector lender ICICI Bank will start charging payment aggregators (PAs) a fee for handling Unified Payments Interface (UPI) transactions that these PAs facilitate on merchant platforms, reported Business Standard. For the unversed, PAs act as intermediaries between banks and merchants as they simplify the payment process by pooling funds and settling…
For Indian investors, policymakers, and fintech participants, this could mark the beginning of a major transformation in the way capital flows, and digital money is used, and financial services are structured. The act provides a comprehensive framework for regulating US dollar-backed stablecoins. It mandates that these tokens be fully backed by liquid dollar-denominated assets, enforces…
Personal loans offer flexible, unsecured financing for various purposes, including urgent medical needs, debt consolidation, and wedding expenses. However, many misconceptions remain. Let’s clear up some misconceptions, clarify the facts, and give you confidence in your borrowing decision. Debunking the most common personal loan myths Myth 1: Personal loans are only for emergencies Many borrowers…
UPI Rule Change from 1 August, 2025: A set of new UPI rules have kicked in from today, 1 August 2025, as per mandates set by the National Payments Corporation of India (NPCI). The UPI rule changes from today have been implemented to improve how the online payment system works. The new UPI rules from…
UPI Rule Change From Today: The National Payments Corporation of India (NPCI) is implementing a few UPI rule changes from 1 August, Friday, to improve how the system works. If you are someone who uses the UPI services frequently, then you must know about these online payment system changes. (This is a developing story. Check…
Tata Consultancy Services Ltd’s decision to cut roughly 12,200 jobs this fiscal year, largely impacting mid- and senior-level staff, is sending shockwaves through India’s IT sector. As the nation’s largest IT services firm undertakes its biggest-ever lay-off in the company’s history, driven by a shift to “future-ready” skills and aggressive AI adoption — job loss…
A few months later your wife receives a notice from the Income Tax Department for not disclosing high-value transactions and not filing an income tax return (ITR). This comes as a surprise because your wife doesn’t pay income tax. So what happened? Well, if you conduct a high-value foreign transaction it doesn’t matter that you…
I paid my premium on time, so why did I still have to pay ₹50,000 from my pocket during hospitalization? No one told me about the deductible clause. Is this fair? -Name withheld on request This is a very valid concern and one that many policyholders face, especially during the first health insurance claim. It…
Picture this absurdity: You’re standing at a crossroads where one path leads through a well-lit, regulated street with clear signposts, while the other meanders through uncharted territory with minimal oversight. Conventional wisdom would suggest taking the first route. Yet when it comes to overseas investments, Indian regulators have made the safer, more regulated path artificially…
