credit card payments: Can’t manage your credit card payments? Seek help before it’s too late [ad_1] Arnav Pandya, Founder, Moneyeduschool, says a lot of credit card expenses are on the spot or on the spur of the moment expenses where people do not even think about it when they are making the spend. The credit card is like a convenience, ...
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IPL | IPL flavoured Portfolio: IPL-flavoured portfolio: Smallcase manager Divam Sharma reveals his playing XI stocks
IPL | IPL flavoured Portfolio: IPL-flavoured portfolio: Smallcase manager Divam Sharma reveals his playing XI stocks [ad_1] With the IPL season in full swing, investors can’t help but draw analogies with cricket and Dalal Street. As part of a special series, we reached out to money managers to know how they pick their pinch hitters, whether they like specialists or ...
Read More »rbi: RBI imposes over Rs 1.73-cr fine on HSBC for wrong credit card data
rbi: RBI imposes over Rs 1.73-cr fine on HSBC for wrong credit card data [ad_1] The Reserve Bank of India (RBI) has imposed a penalty of Rs 1,73,75,000 on The Hongkong and Shanghai Banking Corporation Limited (HSBC Ltd) for the contravention of certain rules under Credit Information Companies Rules, 2006 (CIC Rules). This action is based on the deficiencies in ...
Read More »What moved consumer inflation in March 2023, where is it headed?
What moved consumer inflation in March 2023, where is it headed? [ad_1] Consumer inflation fell to a 15-month low in Mar 2023. CPI combined was below market expectations, supported by base effect and soft food prices. Reported inflation was 5.66% y-o-y compared to expectations of 5.8%. Comparing y-o-y inflation rates for Feb and Mar 2023, 59% of 290 sub-components of ...
Read More »nps: ‘NPS has generated competitive returns’
nps: ‘NPS has generated competitive returns’ [ad_1] (This story originally appeared in on May 06, 2023) Deepak Mohanty, an old RBI hand, has taken over as the chairman of the Pension Fund Regulatory and Development Authority (PFRDA). He outlines his plan as the new pension regulator, including fresh options for subscribers to earn higher returns, while maintaining that an individual ...
Read More »Proposal for 5-day work week for banks: No banking on Saturdays if notified
Proposal for 5-day work week for banks: No banking on Saturdays if notified [ad_1] Bank employees may soon work a five-day week i.e., Monday to Friday. The United Forum of Bank Employees and the Indian Banks’ Association (IBA) have made headway in their negotiations, with the association agreeing in principle to a five-day workweek in exchange for longer hours, according ...
Read More »EPS pension: Higher EPS pension: Labour ministry clarifies how it will compute pension on higher wages
EPS pension: Higher EPS pension: Labour ministry clarifies how it will compute pension on higher wages [ad_1] The labour ministry, on Wednesday, clarified that it would draw 1.16 % additional contribution from within the overall 12% of the contribution of the employers into the provident fund while computing the pension on higher wages, thus complying with the Supreme Court directive ...
Read More »Premature redemption of SGB: Check premature redemption price for Series I of Sovereign Gold Bonds 2018-19
Premature redemption of SGB: Check premature redemption price for Series I of Sovereign Gold Bonds 2018-19 [ad_1] The premature redemption of the Sovereign Gold Bond (SGB) Scheme Series I of SGB 2018-19), falls on May 04, 2023. The Reserve Bank of India allows premature redemption of Gold Bond after the fifth year from the date of issue of such Gold ...
Read More »Extend deadline, says PSU representative on EPF board
Extend deadline, says PSU representative on EPF board [ad_1] (This story originally appeared in on Apr 29, 2023) NEW DELHI: Atul Sobti, a representative of public sector enterprises on the EPFO’s Central Board of Trustees, has written to central provident fund commissioner Neelam Shami Rao, asking the pension fund manager to extend the last date of online joint option form ...
Read More »higher eps pension: Will EPFO extend deadline to apply for higher pension from EPS?
higher eps pension: Will EPFO extend deadline to apply for higher pension from EPS? [ad_1] The last date to apply for higher pension from the Employees’ Pension Scheme (EPS) is May 3, 2023. This deadline was extended by the Employees’ Provident Fund Organisation (EPFO) by two months from the earlier deadline of March 3, 2023. The extended deadline provided more ...
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