Download App app-link

knowledge
center

Made in India: It takes more than subsidies

Last week, when inaugurating a new aircraft factory in western India, Prime Minister Narendra Modi resorted to a slogan he coined just months after taking office in 2014: “Make in India.” This time, however, he added: “Do it for the world.” This is not the first time Modi has pointed out that India needs to …

This credit card offers life insurance cover up to Rs 3 lakh

Federal Bank credit card holders now benefit from a group credit protection facility that offers life insurance for a credit limit of up to a maximum of Rs 3 lakh. The Federal Bank has partnered with Ageas Federal Life Insurance to make this offer available to its credit card users. In a statement, the Federal …

EPFO relaxes payment standards for EPS-95 subscribers

Pension fund body EPFO ​​voted on Monday to allow the deduction of accruals in the Employees’ Retirement Plan 1995 (EPS-95) for subscribers with less than six months of service remaining. Currently, members of the workers’ provident fund (EPFO) with less than six months seniority in the company only have the right to withdraw the balances …

New limits for international mutual funds based on redemption - (A)

As of February 1, 2022, international investment funds will be able to reinvest in shares of companies listed abroad to the extent of the redemptions and therefore sales of foreign shares that have suffered these systems. These foreign investment limits came into effect on February 1, 2022, and since the limits were not raised, most …

Eyeing for an international scholarship - This how you can maximize your chances - (A)

For talented students in India, various scholarship packages are available in undergraduate, postgraduate, and master’s programs at foreign universities. This allows students to access amazing educational opportunities. However, the competition for these scholarships is fierce and you must start the process at least a year in advance to qualify. Scholarships can be 100% or even …

Centre's budget deficit at Rs. 3.52 lakh crore for April-June, 21% of FY23 target - (A)

The central government budget deficit stood at Rs 3.52 lakh crore from April to June, 21.2 percent of the full-year target, according to data released by the Comptroller General on July 29. The budget deficit in the first three months of FY22 was Rs 2.74 crore. This means that the budget deficit for the first …

The best way to carry money when travelling abroad - (A)

Despite the constant threat of Covid-19, the new global threat of monkeypox, and the decline of the Indian rupee against the dollar, many Indians continue to travel abroad. Airports are crowded and flights are full. In any case, the only thing you need to clarify before traveling is how much money you want to take …

5 myths about money that women should bury - (A)

“Kids and family should be my priority, not my personal investments. … “Women are not good with numbers” … “Investments and taxes are too complicated for women to understand” … You would hear people, including some women, repeat those lines over the years. This is despite the fact that women carefully follow their financial plans …

Archives

Recent Posts

Tags