Social media is more than just updating your status, sharing pictures and gossiping with your friends, relatives and followers. Social media platforms are the next big thing in business and even money transactions. The most recent and revolutionary addition to the social media platforms is the instant money transfers between friends and followers as banks… Read More »
The Reserve Bank of India has issued new guidelines for ATM usage charges for residents living in six metropolitan cities while using ATMs of different bank located in non metro centers. If you are one of those using ATMs frequently for cash withdrawal or checking of balance or statement enquiries make sure you know the… 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 India, bling is the only king. The women want more of it in their jewellery, the wise advise saving it for the bad times and rich offer it to god so that they can stock up more. The truth is we just can’t do without gold. Despite the government begging them not to, Indians… Read More »
When Nikita lost her husband to death, it was not only the grief of the unexpected mishap that shook her, but the huge debt trap of their home loan as well. Being a conventional house wife, Nikita has very little idea about Amit’s investments. This can be a common situation with not just conventional families,… Read More »
United Bank of India recently declared Kingfisher Airlines and three of its directors including Dr. Vijay Mallya as willful defaulters. With rising number of default on business loans, the Reserve Bank of India had earlier issued a circular giving freedom to banks to declare all directors of a defaulting firm as willful defaulters especially in… 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 »
\t is festival time and that time of the year when employers give out bonuses to their employees, popularly termed as festival bonus. While the name of the bonus indicates that it is given out during festival season and therefore can be used to fund expensive purchases, one must remember that spending on luxuries unnecessarily… Read More »
A credit card is preferred not only because of the ease and convenience associated with it, but also because one can earn reward points on its use. These reward points can be redeemed to get attractive products for free or at a lower price. Till a few years back, encashing credit card points was only… Read More »
Sometimes it’s okay to listen to your dad’s advice on savings. He did get it right. Of course stock markets then were opaque establishments, inflation would rarely throw home budgets into a fit, mutual funds were unknown and the friendly neighbourhood uncle who would turn up at your home every year for a cheque… Read More »