The FinTech Hub
Source: Live Mint The National Payments Corporation of India (NPCI) has been expanding UPI’s global footprint since its first international collaboration with Singapore in 2020. Countries that now accept UPI payments include Singapore, the United Arab Emirates, Sri Lanka, Mauritius, Bhutan, Nepal and France. Arun Panicker, a 56-year-old traveler from India, recently experienced this firsthand…
Source: Live Mint Dividend stock: The Navratna public sector undertaking (PSU) Bharat Electronic’s board will meet next week on March 5 to consider an interim dividend for the financial year 2024-25 (FY25), the company informed bourses on Tuesday, February 25. Bharat Electronics in a filing today said, “Pursuant to Regulation 29 of the SEBI (LODR)…
Source: Live Mint EPF Withdrawal: The government is considering introducing the Employees Provident Fund (EPF) claims settlement option via the United Payment Interface (UPI) to ease the fund withdrawal process. EPF withdrawal is daunting for employees, who often fail to get their savings due to claim rejections. According to the EPF annual report released in…
Source: Live Mint Why is it important to plan the division of an estate in detail? -Name witheld Assessing assets and liabilities A comprehensive estate plan enables the efficient distribution of wealth. By clearly defining how assets will be allocated, individuals can prevent disputes among beneficiaries and ensure their wishes are honored. Read this |…
Source: Live Mint Amid persisting headwinds of a potential major trade war, foreign capital outflow and moderating macroeconomic indicators, frontline equity indices- the Sensex and the Nifty 50- ended mixed on Tuesday, February 25. The Sensex snapped its five-day losing streak and closed 148 points, or 0.20 per cent, up at 74,602.12, while the Nifty…
Source: Live Mint As the financial year 2024-25 is about to end in five weeks, taxpayers must be looking for investment avenues which they can explore before March 31 which can be availed for claiming tax deduction. Since deductions under 80C, 80D, 80DD and 80G are not permitted in the new tax regime, taxpayers can still claim a…
Source: Live Mint Stock market today: Indian markets wrapped up Tuesday’s session, February 25, on a flat note after witnessing sharp selling pressure in the previous trading session. Notably, Indian frontline indices outperformed their Asian peers in today’s session, which ended with sharper losses after U.S. President Donald Trump signed a memorandum directing the Committee…
Source: Live Mint Boosting your credit score is key to getting the best loan rates and financial products. A credit score is nothing but a representation of an individual’s credit profile. The higher your credit score is, the better it is. Therefore, if you want to enhance your credit score in three months, follow the…
Source: Live Mint While the move promises stability, it also raises a crucial question: Will insurers find new ways to offset costs, tightening underwriting and claim scrutiny? There are some areas where additional refinements could enhance consumer protection and clarity. Shielding seniors The 10% cap offers much-needed relief by preventing the sudden, steep premium hikes…
Source: Live Mint MUFG Bank, Ltd. (MUFG), Japan’s leading financial institution, has completed its first fully-digitalised trade finance transaction from its GIFT City Branch for a subsidiary of Tata International Limited, the global trading arm of the Tata Group. Utilising the Contour Network Hub from Xalts, MUFG and Tata International Limited’s Singapore treasury centre digitally…
