Finance & Investment News Updates

Digital Rupee
RBI rolled out the first retail digital rupee pilot in 4 Indian cities on 1st December 2022

The Reserve Bank of India (RBI) announced the release of India's much-anticipated Central Bank Digital Currency (CBDC), a type of official cryptocurrency, for retail customers on Thursday (December 1).

What is the NPS scheme? These are the features and benefits of it

The National Pension Scheme (NPS) is a government-sponsored investment and pension plan in India. The Pension Fund Regulatory and Development Authority regulates and administers this scheme (PFRDA).

EPFO: Salary threshold limit likely to go up to 21,000 from 15,000

EPFO aims to provide financial security to its members post retirement. Companies with more than 20 employees are mandated to abide by the EPFO guidelines.

What's Next for Customers After Crypto Exchange's Precipitous Collapse

Unlike bank deposits, consumer accounts at crypto platforms such as FTX are not insured by the US Federal Deposit Insurance Corporation.

Crypto Currency
How Crypto, the recent darling of investment gurus failed, thanks to FTX

One of the most damaging incidents in crypto history has been the recent FTX catastrophe. FTX, once the world's second-largest cryptocurrency exchange, is presently in bankruptcy proceedings, with an $8 billion gap in its financial records.

  • Monday, 21 November 2022
Know how to become rich
Want to get rich? Here are the tips you can try out

While there’s no such easiest way to get rich, I can still help you out with some tips on how to grow your wealth. It will still take some work and dedication on your part, but you’ll at least know how to go about it.

Health Insurance
Four health insurance policy terminologies you need to know before you opt for one

You must have heard of this adage “health is wealth”. There are two ways you can protect your health. One, by eating right and exercising regularly, and two, by investing in yourself through a health insurance policy. Since no one is certain about the future health perils, it’s important to be a step ahead in protecting our health. While all that’s great, it leaves us with a question: how many can understand in-and-out about the policy? Frankly speaking, not everyone can because of the jargon used in the policy draft.

PMVVY scheme
LIC pension plan: Get assured pension of 7.40 percent p.a under PMVVY scheme

For Financial Year 2022-23, the Scheme shall provide an assured pension of 7.40% p.a. payable monthly.