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inheritance: Should you leave an inheritance for kids? 4 points to consider [ad_1] According to an old Indian adage, it’s pointless for parents to accumulate wealth for their children. This is because if the kids grow up to be discerning adults, they will earn a good living on their own, and if they turn out to be worthless, they will ...

Rupee ends beyond 81 against dollar for the first time; lags EM peers The rupee witnessed a sharp 64-paise decline against the US dollar on Monday to hit a fresh low, as unabated strengthening of the greenback wreaked havoc on the financial markets across the globe. The local currency ended at 81.63 versus the dollar against the ...

investment: How investors end up earning lesser than the investments they make [ad_1] A few days back, there was this news that an Axis Mutual Fund study has found that investors earn lower returns than the funds they invest in. At first, this must sound illogical to anyone who understands the maths of any investing. However, a closer reading shows ...

Social media, work from home improve physical, mental wellness [ad_1] The country’s Wellness Index has risen to 72 after falling to 66 in 2020, though it is still less than the pre-Covid level of 78 in 2019, as per an ICICI Lombard study. The survey was conducted by Kantar among 2,011 consumers in the age group 18-50 years in 19 ...

Samsung forays into finance, launches credit card with Axis Bank and Visa South Korean electronics maker Samsung, in partnership with Axis Bank, launched Visa-powered Credit Card in India. The card will allow customers to avail of a 10 per cent cashback across all Samsung products and services throughout the year. It will be over and above the existing Samsung ...

ICICI Bank hikes FD interest rate by 25 bps on these tenures [ad_1] ICICI Bank has hiked fixed deposit (FD) interest rates for amounts below Rs 2 crore on select tenors by up to 25 basis points. The new rates are effective from September 26, 2022. ICICI Bank will now offer interest rates between 2.75 percent and 6.10 percent for ...

Rupee closes at new low against US dollar amid risk-off mood The Indian rupee marked its record low close for a fourth straight session on Monday as the British pound’s weakness propped up the dollar index further in a risk averse environment. The partially convertible rupee slid 0.8% to 81.6225 per dollar, having touched a new low of 81.6526 during ...

UIDAI Aadhaar Guidelines: UIDAI issues Do’s and Dont’s for using Aadhaar [ad_1] Aadhaar serves as a reliable source for online and offline identification verification. In order to verify and authenticate their identity credentials, individuals can utilise their Aadhaar numbers, either electronically or through offline verification. Individuals in India, use Aadhaar for any government services such as banking services, telecom services. ...

South Korean assets turn Asia’s biggest losers on global recession angst Fears of a global recession are hitting South Korean assets hard from stocks to its currency as investors flee the export-reliant nation. The Kospi index tumbled 3% on Monday to its lowest close in more than two years, leading declines in Asia. The won, by far ...

Kotak Mahindra Bank revises FD interest rates: Check latest rates [ad_1] Kotak Mahindra Bank has revised interest rates on fixed deposits under Rs 2 crores. The new rates are effective from September 26, 2022, according to the bank’s official website. Kotak Mahindra Bank FD tenure ranges between 7 days and 10 years and earn interest rates in the range of ...