Even as the rate cut cycle has started globally with the US Federal Reserve slashing the key interest rates by a huge 50 basis points (bps), the RBI is still expected to keep its repo rate unchanged amid persisting food inflation. However, after back-to-back rate hikes in the past two years, four are currently offering…
Navigating the world of health insurance can be overwhelming, especially with the plethora of specialised terms used in policies. To help you make informed decisions about your health coverage, it’s crucial to familiarise yourself with some key terms that frequently come up. Understanding these terms not only aids in choosing the right policy but also…
A credit score is a numerical representation of your creditworthiness. It reflects how likely you are to repay borrowed money based on your financial history, including how well you manage loans, credit cards, and other forms of debt. The higher your score, the more trustworthy you appear to lenders. What is a Credit Score? A…
Gross GST collection in August 2024 recorded a 10 per cent jump to Rs 1,74,962 crore, according to the latest official data released on Sunday. The country’s revenue from the goods and services tax (GST) had stood at Rs 1,59,069 crore in August 2023. The GST refunds during August 2024 stood at Rs 24,460 crore….
Indian Railways has made an important change in the health care policy for its employees, pensioners and their dependents. Railways will now issue Unique Medical Identification (UMID) cards to all its employees, their dependents and pensioners, through which they will be able to get free treatment in hospitals included in the railway panel and all…
Bank Holidays In September 2024: If you need to visit a bank branch in September 2024, make sure to check the list of bank holidays before heading out. This month has numerous bank holidays, with banks closed for a total of 15 days due to weekly breaks and festivals. During these holidays, you can still…
Indian Railway Catering and Tourism Corporation (IRCTC) will soon reportedly ramp up the ticketing capacity to ensure that the passengers who book tickets don’t have to suffer in the waiting period. As per the reports, this process has started and will be finished by March 2025. Post this step, passenger’s tickets will be booked online…
Occasionally, individuals may accidentally transfer money to the wrong UPI ID. In the great run of digital transactions, mistaken UPI payments can happen to any person. If you find yourself in this situation, acting quickly is essential. Can you retrieve the funds? You can recover your money with prompt action and the proper steps. Here’s…
ITR Refund Not Received: As the deadline for filing income tax returns (ITR) for the assessment year (AY) 2024-25 passed on July 31, many taxpayers are eagerly waiting for their refunds. While the income tax department has streamlined the refund process over the years, delays can still occur. If your ITR refund is stuck, here’s…
Life Insurance Corporation of India (LIC) MD and CEO Siddhartha Mohanty has said that the corporation is looking to make fresh investments of around Rs 1.30 lakh crore in equities during the current financial year. During April-June FY25, the insurance behemoth made an investment of about Rs 38,000 crore in shares as against Rs 23,300…