Curated By: Business Desk Last Updated: October 17, 2023, 11:44 IST Due to the absence of a metric system, all currencies were of equal value. India was under British rule at the time and the rupee held a higher value compared to the dollar because the pound sterling was stronger than the dollar. If we…
Curated By: Business Desk Last Updated: October 05, 2023, 13:10 IST Both schemes have their advantages and disadvantages. The National Pension Scheme was introduced by PFRDA or the Pension Fund Regulatory and Development Authority, in 2004, after the OPS (Old Pension Scheme) was discontinued. Pension is a crucial lifeline for senior citizens, providing them the…
Curated By: Business Desk Last Updated: September 27, 2023, 13:46 IST UPI transactions were 151 million in January 2018. The Person 2 Merchant (P2M) transactions in India amounted to 57.5 per cent of all the UPI transactions in June 2023. Worldline, a global leader in payment services has released its Digital Payments Report for H1…
Curated By: Business Desk Last Updated: September 26, 2023, 12:38 IST Under NSDL, 3.3 crore accounts are registered and under CDSL, the number is 9.3 crore. An analysis was carried out by Motilal Oswal Financial Services according to which, this surge was incredibly higher than the average of 21 lakh additions monthly. People are getting…
Curated By: Business Desk Last Updated: September 22, 2023, 12:51 IST These loans are offered according to your every need. It is important to be knowledgeable about the various types of loans a bank offers to its customers. Loans often become a necessity at some point in life, and knowing the various types of loans…
Curated By: Business Desk Last Updated: September 11, 2023, 12:22 IST SIP is an investment route offered by Mutual Funds. If you invest in Systematic Investment Plans (SIPs) regularly, it will turn into a huge amount in the long run. Proper planning and investment can turn even a small amount of money into a lump…
This comes after India had almost touched the 10-billion mark in July as well, clocking 9.96 billion transactions through UPI. (Representational image: X) Till August 30, a total of 10.24 billion transactions were done digitally through UPI in the month with one day’s tally still to be added. This is a nearly 52% year-on-year growth…
Goud said the party did not charge anything during the last assembly polls. (Representative Image: PTI) Goud said though the sub-committee recommended Rs 25,000 (for the general category), the party’s top leadership fixed Rs 50,000 as the fee The Telangana Congress will start accepting applications from candidates planning to contest the state Assembly elections, which…
Curated By: Business Desk Last Updated: August 17, 2023, 13:16 IST The dream of owning a car or a house often involves availing loans and repaying them through equated monthly instalments (EMIs). While standard EMI plans come with long tenures, there’s a beneficial option to expedite loan repayment – the step-up EMI. This innovative feature…
Curated By: Business Desk Last Updated: August 17, 2023, 12:46 IST Every bank offers its account holders essential tools for financial transactions, including a passbook, ATM card, and cheque book. The latter holds significant importance as it facilitates major payments while maintaining a transaction record. A cheque acts as a bridge between individuals and their…