Reserve Bank Governor Shaktikanta Das on Monday said the launch of interoperable payment system for internet banking is likely in 2024 which will facilitate quicker settlement of funds for merchants. Internet banking is one of the oldest modes for online merchant payment transactions and is a preferred channel for payments like income tax, insurance premium, […]
Flipkart Launches UPI Services In Partnership With Axis Bank; Details Here
E-commerce company Flipkart on Sunday launched its unified payments interface (UPI) services for online and offline payments. The Flipkart UPI, launched in partnership with Axis Bank, will initially be available for Android users, according to a company statement. The move will allow Flipkart, which claims to have more than 50 crore registered users and 14 […]
This Insurance Scheme By EPFO Offers Up To Rs 7 Lakhs To Nominees Of Deceased Employees
Employed individuals, particularly those with responsibilities, often prioritise ensuring their family’s financial stability in the event of their sudden demise. To address this concern, the Employees’ Provident Fund Organisation (EPFO) has established the Employee Deposit Linked Insurance Scheme (EDLI), offering free insurance coverage to employees contributing to the Employees’ Provident Fund (EPF). Under this scheme, […]
LPG Price Hike: Commercial Cylinder Rate Increased By Rs 25. Check Latest Prices
The prices of 19 kg commercial LPG gas cylinders hiked by Rs 25 with effect from today. The price hike for 19 KG of commercial LPG gas cylinders brings retail rates to a new high. New rates for commercial LPG cylinders have been released on the IOCL website, which have come into effect from March […]
A Good CIBIL Score Can Get You Cheaper Home Loan; Check Details
Even as the interest rates in the economy are prevailing at high levels after back-to-back repo rate hikes by the RBI since May 2022 till recently, borrowers are looking for cheaper loans. One way to get cheap interest rates on home loans is to have a good CIBIL score. State Bank of India (SBI) is […]
Google Is Rolling Out A Fresh Sign-In Page Design: Here’s What’s New
At this point, you must be accustomed to encountering Google’s sign-in form on a day-to-day basis. There’s nothing fancy about it; it just gets the job done. However, recently, Google was seen advertising a ‘new look’ for its sign-in page, potentially to freshen things up. Now, Google has finally revealed what the redesign looks like. […]
Competition Intensifies, RBI Approves Amazon Pay As Payment Aggregator
Amazon Pay, the financial technology division of the e-commerce giant Amazon, has recently secured the highly sought-after payment aggregator (PA) licence from the Reserve Bank of India (RBI). On February 20, the regulator approved the payments app to operate as a payment aggregator, enabling it to facilitate e-commerce transactions through its platform. “We remain committed […]
Income Tax: Small outstanding tax demands remitted. How to check your status?
The income tax (I-T) department has announced that eligible outstanding direct tax demands have been remitted and extinguished. In other words, the taxpayers who were staring at petty tax demands of lower than ₹1 lakh from the department now have a reason to heave a sigh of relief. This was done as a follow up […]
WhatsApp Brings New Text Formatting Shortcuts On Web And Mobile: Here’s How It Works
WhatsApp is focused on bringing new privacy features for its users but this week, the messaging app has added something more important, i.e. new text formatting options. WhatsApp has announced four new text formatting shortcuts which adds to the existing list of options that allows you to text people in bold, italic style, put a […]
Personal loan eligibility calculator: Here are tips to evaluate your borrowing potential
When applying for a personal loan, it is important to understand the criteria that lenders use to determine your eligibility for the loan. Use the personal loan eligibility calculator to estimate the maximum loan amount you may qualify for, considering factors like income and repayment capacity. Various factors come into play when determining personal loan […]