Category: Banking And Finance
Gold turned ₹1 lakh into ₹15 lakhs in 20 years – Here’s how equities, real estate and debt compare
Despite India’s strong preference for fixed deposits, equities — both Indian and US markets — have historically delivered significantly higher returns as compared to other asset classes like debt and…
Gold and silver price today, 21 May: Check retail rates of 24K, 22K gold and 999 silver in Delhi, Mumbai, other cities
Gold and silver prices today on 21 May: Gold prices were trading lower on the MCX on Thursday (21 May) morning amid weak global cues and speculations that the US…
EPF withdrawals via UPI likely soon: How members can transfer funds directly to bank accounts in 3 easy steps
Employees’ provident fund withdrawal via UPI payment gateway is likely go live soon! Concerning Employees Provident Fund Organisation () subscribers, Labour Minister Mansukh Mandaviya told reporters on Wednesday that testing…
SpaceX’s $1.75 trillion valuation sparks concerns: Is Elon Musk’s IPO priced too high? Should investors be cautious?
Elon Musk’s has filed plans to go public in what could become the biggest IPO ever. The company aims to raise as much as $75 billion from investors, a move…
Jeff Bezos pitches major US tax overhaul: ‘Bottom half should pay 0%, not 3%’
on Wednesday called for eliminating federal income taxes for the bottom half of earners, noting that he would “advocate” for the proposal, but did not outline how such a sweeping…
US Social Security COLA forecast for 2027 rises after fresh inflation data — here’s how much more retirees could get
Following the latest inflation data, expectations are rising for a slightly higher increase in the Social Security cost-of-living adjustment (COLA) in 2027. Mary Johnson, an independent Social Security and Medicare…
Federal Reserve proposes new payment accounts for fintechs: What’s allowed, what’s not
The Federal Reserve has proposed creating a new category of payment account that some financial institutions could use to clear and settle transactions. The long-awaited proposal is seen as a…
IRDAI may ease norms for insurance cos to invest more in REITs, InvITs
The insurance regulator is evaluating a proposal to ease investment norms for (REITs) and (InvITs) as strong investor response to recent infrastructure offerings, including the Rs 6,000 crore issue in…
Can EPF be attached for liabilities? What happens if employer recovers contribution but doesn’t deposit? FAQs answered
Administered by the Employees’ Provident Fund Organisation (EPFO) under the EPF Act of 1952, EPF is a retirement savings scheme available to salaried citizens. The current EPF and voluntary provident…