Diving into the world of investments brings us to a gleaming opportunity that marries the old-world charm of gold with the sleekness of digital investment platforms. Enter Sovereign Gold Bonds (SGBs) on Groww, a beacon for those looking to sprinkle their portfolios with the sparkle of gold, minus the hassle of its physical possession. This…

In a significant development for India’s burgeoning fintech landscape, three prominent players – Zoho, Juspay, and Decentro – have secured the coveted approval from the Reserve Bank of India (RBI) to operate as payment aggregators (PAs). This landmark decision marks a pivotal moment for these companies, enabling them to play a crucial role in facilitating…

Manju Agarwal, an independent director at Paytm Payments Bank Limited (PPBL), recently tendered her resignation from the board, effective February 1, 2024. This development comes amidst significant regulatory actions taken by the Reserve Bank of India (RBI) against PPBL. Let’s delve into the reasons behind Manju Agarwal’s resignation and the regulatory challenges faced by PPBL….

In the rapidly evolving landscape of digital transactions, ensuring the security of payments is paramount. One of the common methods used for authentication is the One-time password (OTP) sent via SMS. However, with the Reserve Bank of India (RBI) proposing a new framework, the authentication process for digital payments is set to undergo significant changes….

LIC Mutual Fund Asset Management Limited has recently marked a significant leadership transition with the appointment of Ravi Kumar Jha as its new Managing Director and Chief Executive Officer, effective from January 31, 2024. Jha, a seasoned professional with a comprehensive career spanning over three decades, brings a wealth of experience and insights into his…

In the intricate dance of monetary policy and economic indicators, the Reserve Bank of India’s (RBI) decisions hold significant sway over investment strategies, especially for fixed deposit (FD) investors. The RBI’s Monetary Policy Committee (MPC) meeting in February 2024 has been a focal point for such investors, given the implications of the central bank’s stance…

As we roll into February, the clock ticks steadily towards that annual milestone every taxpayer faces: filing the Income Tax Return (ITR). It’s a period marked by decisions, calculations, and the inevitable question: “Am I making the most of my tax-saving options?” For many, this season brings a particular dilemma to the forefront—the choice between…

Selecting the right hotel credit card can turn every trip you take into a more rewarding experience. With 2024 presenting a variety of credit card options offering lucrative hotel perks, it’s essential to weigh your choices carefully. Whether you’re a frequent traveler looking to enhance your hotel stays with room upgrades and complimentary nights or…

The National Pension System (NPS) is a popular retirement savings scheme in India, offering tax benefits and long-term investment opportunities. As of February 2024, significant changes have been introduced to the rules governing partial withdrawals from NPS accounts. Understanding these changes is crucial for individuals planning their retirement and managing their financial goals effectively. Also…

Imagine walking down a busy street in India, where every person you pass has a unique story to tell. Now, imagine that amidst this lively scene, there’s a big buzz about something special. Well, here it is – in the year 2023-24, more than 2.16 lakh people in our country earned over ₹1 crore in…