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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 […]
Sanjana Choradia January 23, 2021/3:39 PM IST -
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 […]
Chaitry KariaJanuary 23, 2021/3:27 PM IST -
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 […]
Press Trust of IndiaJanuary 23, 2021/3:12 PM IST -
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 […]
Press Trust of IndiaJanuary 23, 2021/3:07 PM IST -
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 […]
Press Trust of IndiaJanuary 23, 2021/2:21 PM IST -
PFC’s Rs 5000 crore bond issue subscribed 94 pc on first day
New Delhi, Jan 15 (PTI): State-run Power Finance Corporation’s Rs 5,000 crore taxable non-convertible debentures issue was subscribed 94 per cent on the first day on Friday and is likely to close on Monday, a source said. Power Finance Corporation (PFC) has planned to raise Rs 10,000 crore through NCDs in two tranches. The first […]
Press Trust of IndiaJanuary 23, 2021/2:11 PM IST -
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 […]
Money9January 23, 2021/2:05 PM IST -
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 […]
Press Trust of IndiaJanuary 23, 2021/1:38 PM IST -
YES Bank reports Q3 net at Rs 147 crore; Covid ups stressed assets
Private sector lender YES Bank on January 22 reported a consolidated net profit of Rs 147 crore for the December quarter and a jump in asset quality stress due to Covid-19. The bank had posted a loss of Rs 18,564 crore in the year-ago period, when it recognised all the hidden stress in the balance […]
Press Trust of IndiaJanuary 23, 2021/11:43 AM IST
