Category: Finance
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Attention Paytm, Google Pay, PhonePe Users: 3 Biggest Changes You Should Know (RBI Norms)
Nowadays the use of mobile wallets is pretty common. For the unaware, it is a digital wallet into which we can deposit money using our credit/debit cards and make payments. Changes In Mobile Wallets Basically, it is a prepaid electronic account that comes under the category of Prepaid Payment Instruments (PPIs). It can be used…
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Fertiliser Subsidy For Farmers Increased To 140%! Farmers Will Buy Fertilizers At Old Rate
The prices of phosphoric acid, ammonia and other items necessary for making fertilizers have spurred up in the international markets. This has resulted in a 60%-70% hike for a single bag of Di-Ammonium Phosphate (fertiliser). However, the Prime Minister’s Office has announced on Wednesday that the Central Government will be covering up for this increase…
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These Finance Apps Can Rob Your Bank Account Instantly! How To Stay Safe From Frauds?
According to a report published by Trak.in December 2020, the increased shift towards online and cloud based home-stations and offices, amid the ongoing Covid-19 pandemic has raised phishing and fraudulent cyber-crime activities by a whopping 242%, compared to the same period in 2019. Furthermore, about 330 crore attacks were made on Remote Desktop Protocols in…
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What is the Difference Between Custodian and Depository?
When you begin to take your investment seriously, you should be familiar with all financial terms and concepts in order to make sound decisions. Understanding the topic thoroughly will help you make the right decision and determine which is best for you. When you first start investing in the stock market, you will come across…
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4 SIPs To Invest Based On High Ratings
With markets having seen a stellar rally in the last 1-year, it may just be the right time to be circumspect before investing. Putting a large corpus is not advisable as the Nifty and Sensex are trading at significantly higher p/e multiples than past averages. It is therefore advisable to look for Systematic Investment Plans…
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Why This Bank FD Is Now The Best For Investors?
Banks have dropped their interest rates alarmingly in the last few weeks. In fact, some NBFCs like Bajaj Finance which were offering decent interest rates have also reduced their interest rates. At the moment, it’s very difficult to get good interest rates. However, IndusInd Bank, is still offering a pretty decent interest rate and it…
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Send Money From US To India Using Google Pay! Money Transfer From 200+ Countries Will Start
Google Pay has announced international money transfer agreements with remittance firms Wise and Western Union Co for users of its U.S. payments app, according to the companies said on Tuesday. Google Pay users in the US can now send money to app users in India and Singapore. It also plans to extend to the 80…
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3 Large Cap Mutual Fund Schemes With Returns Of 50%
Largecap Funds generally tend to give returns based on movement of the indices, not precisely though. The Sensex and the Nifty have given whopping returns in the last 1 year and benchmark indices have followed with almost similar returns. Don’t read too much into returns of mutual funds over the last 1 -year. The simple…
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2,118 Branches Of 10 Govt Banks Closed Down Or Merged In Last 365 Days
In the massive consolidation drive of August 2019, ten public sector banks were merged into four, bringing down the total count from 27 to 12. It has been reported that nearly 2,118 branches of the ten PSBs have either been completely merged with other bank branches or shut down in the last fiscal year. This…
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50 Lakh Central Govt Employees Will Get 28% More DA, Salary In July: Find Out Why?
More than 50 lakh central government employees and more than 65 lakh pensioners will be receiving a hike of up to 28% in their Dearness Allowance, as revealed by the newest updates about the 7th pay commission. Read on to find out all the details about this hike in the DA for government employees and…