Rupee gains sharply against US dollar as MSCI rejig spurs flows The rupee strengthened sharply against the US dollar on Wednesday as the semi-annual rebalancing of the MSCI India index propelled inflows and as some foreign banks sold the greenback on behalf of overseas firms looking to invest here, dealers said. Strength in the Chinese yuan also ...

Will you benefit by opting for higher pension from EPS after Supreme Court ruling? [ad_1] The festive season brought in good tidings for members of the Employees’ Pension Scheme (EPS) with the Supreme Court providing a four-month window for members to avail an option of making higher contributions to the scheme. Background For EPS members, out of the 12% (of ...

RBI’s modified digital lending norms to come in effect from Dec 1 The Reserve Bank’s modified guidelines on digital lending that seek to protect customers from exorbitant interest rates by certain entities and also check unethical loan recovery practices will come into effect from Thursday. Under the new norms, all loan disbursals and repayments are required to ...

How to fund your trip abroad amid soaring inflation? [ad_1] If your social media feed has been full of friends posting their vacation selfies, be assured that you are not alone. Indians have travelled extensively this year as expenditure on travel and hospitality shot up by 165% annually, according to data from payment solutions provider PayU. The trend is likely ...

5 banks offering best 2-year FD interest rates [ad_1] 5 banks offering best 2-year FD interest rates [ad_2]

Rupee gains 34 paise to close at 81.38 against dollar amid weak greenback The rupee appreciated 34 paise to close at 81.38 (provisional) against the US dollar on Wednesday as a weak greenback in the overseas market and a rally in domestic equities boosted investor sentiment. At the interbank foreign exchange market, the local unit opened at ...

SBI eKYC: How to update KYC online [ad_1] [ad_2]

How new interbank forex card from BookMyForex cuts charges to the lowest [ad_1] Any foreign travel has traditionally involved a good amount cost being incurred on just foreign currency conversion be it hard currency, traveler’s cheque, forex card or international debit or credit card. Whether it is occasional traveler or frequent traveler, the forex conversion cost always weighed heavily on ...

NIFTY at a record new high: What are the critical equity market numbers indicating? [ad_1] NIFTY scaling a new high is a moment to celebrate for all equity investors, however, it is also the time to review your investment portfolio on where it stands and does it need some realignment. To make the next move right, equity investors need to ...

What to do if your NPS account becomes inactive [ad_1] Individuals can open pension accounts online under NPS by selecting Aadhaar based, or by providing PAN, KYC based details. A subscriber must pay a minimum initial contribution of Rs. 500 for Tier I and Rs. 1000 for Tier II at the time of registration, followed by a yearly contribution based ...