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Here’s why financial literacy cannot be undermined
Financial literacy is one of the most important skills and yet one of the least taught skills across educational institutions. Having various sources of finance is not as important as having knowledge of how to manage these finances. Financial literacy is a wealth that most individuals fail to even recognise. Most people will study for […]
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Here are five easy ways in which you can avoid the cyber trap
Cyber security refers to the practice of protecting electronic devices from theft, damage or misdirection of their services and data. Daily internet innovations and developing technology may be making life easier but these things are also invading our privacy more and more with every passing day. Cyber crimes include hacking of a bank account or […]
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Amit Shah launches Ayushman Bharat health scheme for Central Armed Police Forces
Guwahati: Union Home Minister Amit Shah on January 23 rolled out the ‘Ayushman CAPF’ scheme, extending the benefit of the central health insurance programme to the personnel of all armed police forces in the country. Shah ceremoniously distributed the ‘Ayushman CAPF’ health cards among some personnel from the seven Central Armed Police Forces (CAPF). Under […]
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Soaring fuel prices crowd out other spends on credit cards: Report
Mumbai: Massive rise in retail fuel prices crowded out other discretionary spends on credit cards in December, according a report by SBI Research. Non-discretionary spends on credit cards has come back to 65% of the total spends, while discretionary spending has fallen below the trend rate of 35%, said the report authored by Soumya Kanti […]
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Banks’ low profitability, weak asset quality pose difficulty in boosting digitisation: S&P
New Delhi: S&P Global Ratings said India’s banking system’s low profitability and weak asset quality present some difficulties in significantly boosting digitalisation for several state-owned and smaller private-sector banks. In its report titled ‘Tech Disruption in retail banking: Top tier banks lead the change’, S&P said India’s digital disruption, however, poses a relatively low risk […]
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What is UPI and how does it work?
UPI is a single platform that merges various banking services and features under one umbrella. It allows the transfer of money from one bank account to another instantly via one’s mobile phone. Payments can be made via an app on a mobile device only. The money transfer via UPI works on a 24×7 basis. To […]
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Budget 2021: ‘Halwa Ceremony’ kickstarts process of compilation Budget documents
New Delhi: Finance Minister Nirmala Sitharaman, Minister of State for Finance Anurag Thakur and senior officials of the Finance Ministry on January 23 participated in the symbolic ‘Halwa Ceremony’ that marks the beginning of compilation of budget documents. Unlike the past, the voluminous budget documents will not be printed this year following the COVID-19 protocol […]
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IRCTC to resume e-catering services from February
New Delhi: In a big relief to passengers, IRCTC will resume its e-catering services from next month. Due to onset of the COVID-19 pandemic and the consequent unprecedented lockdown, e-catering services were suspended on March 22, 2020. IRCTC, the catering and tourism arm of the Indian Railways, is going to restart its e-catering services for […]
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Budget 2021 must build on recent reforms in labour, education: HR experts
New Delhi: The upcoming budget must build on recent reforms in labour and education and the government should continue to provide policy as well as financial support for skilling to ensure that the workforce in India is future ready, say HR experts. The scale of provisions under the Digital India mission and the Skill India […]
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Budget 2021 must focus on resolving demand-side issues: India Ratings
Mumbai: The budget must redirect the government focus in resolving demand-side issues by moving away from fixing supply side problem which has been the focus since March when the pandemic began to pummel the economy, says a report. The pandemic induced lockdowns resulted in the economy tanking 23.9% in the June quarter but made a […]
