Foreigners Visiting India Can Now Use India’s digital payments ecosystem Without an Indian Bank Account India’s digital payments ecosystem just became truly global. Foreign tourists and visitors can now make UPI payments in India without opening an Indian bank account, marking a major step in making India a cash-light, tourist-friendly economy. What’s Changed? Earlier, UPI …
Major Reforms in Nomination Rules for Bank Accounts, Deposits, and Lockers The Government of India has enacted the Banking Laws (Amendment) Act, 2025, introducing major reforms to nomination rules for bank accounts, deposits, and safety lockers. Significant reforms to nomination rules governing bank accounts, deposits, and safety lockers have come into effect from November 1, …
OVERVIEW THE MAIL ORDER BUSINESS IN INDIA What is Mail Order Business? Mail Order Business : A mail order business sells goods directly to customers through catalogues, advertisements, or printed material, where the orders are placed via post, phone, or email, and goods are delivered by courier or postal services. It usually operates without an …
Banks vs Housing Finance Companies: Key Differences Every Home Loan Borrower Must Know Comparing a bank and a housing finance company (HFC) on a financial marketplace can create a big difference for a home loan journey. You get to choose better interest rates, faster approval, and more flexibility. However, many people are still stuck believing …
Economic Curse of Terrorism & Strengthening Middle Class in current situation A. The Economic Curse of Terrorism: A Growing Risk to Investment, Valuation & Global Stability Terrorism is often seen through a geopolitical or security lens—but its economic consequences are equally severe & far-reaching. It undermines investor confidence, disrupts markets, & weakens the fundamental structures …
Official Fact Check: No 18% GST on UPI Transactions Above INR 2,000 Official statement from the Ministry of Finance, Government of India, clarifying that the government is NOT considering levying GST on UPI transactions over INR 2k . This clarification firmly debunks any misinformation regarding the imposition of GST on UPI transactions and reinforces the …
How Futures and Options Can Help You Trade Smarter In today’s fast-moving financial landscape, many investors are exploring advanced instruments like futures and options to diversify their trading strategies. These derivatives offer an opportunity to hedge risks, take speculative positions, or manage portfolio exposure. For those looking to go beyond traditional equity investments, understanding how …
For Senior Citizens, India is best country, better developed countries India’s senior care economy is becoming an urgent policy priority as the country moves toward an ageing society within the Viksit Bharat 2047 vision. The claim that India is the best country for senior citizens compared to developed nations like the U.S., Canada, or Australia …
How T2T Stocks Function in the Indian Stock Market Context In the Indian stock market, T2T stocks (Trade-to-Trade stocks) refer to a specific category of stocks where intraday trading is not permitted. Trade-to-Trade stocks are subject to stricter trading norms, designed to curb speculative trading and protect investors. Understanding how T2T stocks operate can help …
IFSC AML framework for entities operating within GIFT City. In the context of the International Financial Services Centres Authority AML framework, particularly for entities operating within GIFT City, it is critical to safeguard against Money Laundering, Terrorist Financing, and Proliferation Financing. When performing a Customer Risk Assessment, an International Financial Services Centres Authority entity must …