Customer comes to the fore front of all banks today. With more and more services introduced to enhance customer experience in everyday banking and with frequent technological upgrades, the running costs of banks are hiking at a rocket pace. And it is quite natural for banks to pass a share of these to their customer… Read More »
With online retailers like Amazon, Flipkart and Snapdeal making all the news, local retailers are worried about of losing customers and gradually deteriorating figures. The fall out between local retailers and online e-commerce websites which had been brewing for a long time eventually came to a showdown after local retailers officially complained to the government… Read More »
A popular Television advertisement of a private bank with the slogan ‘six is great than four’ may not have faded from public memory but the USP of high interest rates could well be a thing of the past. Few private banks that were attracting users with high interest rates for savings account are slowly on… Read More »
The blossoming of credit card industry has made it possible for banks and credit card companies to come up with dedicated card schemes for its customers. Travel centric credit cards are one such popular travel oriented credit card scheme where banks or credit card companies collaborate with various airlines and hotels to offer discounts of… Read More »
The government of India made two important energy related decisions as they finally mustered enough courage to bite the bullet on delinking diesel prices. In the second significant decision, the government has decided to increase the price for natural gas which is likely to impact the retail inflation in the coming weeks. Inflation has been… Read More »
The festive season has come a few days in advance for the vast majority of the Indian population as the government is working on a proposal to amend the Payments of Bonus Act of 1965. The new proposal when confirmed would effectively mean a large number of employees would be eligible for an annual bonus… Read More »
Our aspirations are different at different stages of life. However, saving for the sunset years of one’s life should be a top priority for everyone. During different stages of our life we have different financial status, responsibilities, challenges as well as goals. Our approach for retirement saving at various stages of our life will be… Read More »
Gone are the days when you could issue a cheque with least regard to the balance in your account or other details like your signature etc. Dishonor of cheques issued by a payer is offence under the law. Among many reasons under which, a cheque could be dishonored like mismatch in signature, or date… Read More »
Are you planning to join a gymnasium to lose that stubborn fat? Or, indulging weekend relaxation at a premium spa is part of your routine? There are chances for a price hike, as most gymnasiums, health clubs, spas and hotels are likely to increase their costs to counter the imposition of luxury tax by the… Read More »
In what can be termed as a festive season bonanza, the petroleum ministry has decided to cut petrol prices by 54 paisa per liter excluding duties. Softening of crude oil prices in the international market meant that difference between retail prices and imported costs were getting lower leading to a final decision on price cut… Read More »