Payment Aggregators Seek Direct Share Of UPI MDR As Fee Framework Takes Shape
Payment aggregators are seeking a direct MDR share as the government works on rules for charging fees on select UPI merchant transactions
Top Picks
Taking VRS? Tax Exemption Is Usually Rs 5 Lakh, But Some Employees May Qualify For More
Employees opting for voluntary retirement usually get tax relief of up to Rs 5 lakh, but the way the exit scheme is structured can change the outcome
August 29 Bank Holiday: Are Bank Branches Open Today
Bank customers may need to check their local branch's holiday schedule, particularly before planning any activities that require an in-person visit
Rising EMIs, lifestyle expenses and fixed monthly commitments are leaving even financially comfortable households with little room to deal with emergencies, save for long-term goals or absorb a sudden loss of income.
CNG Price Hike: Delhi-NCR Rates Rise By Rs 3.89 Per Kg From August 29
CNG prices have increased by Rs 3.89 per kg in Delhi-NCR, with revised rates effective from August 29, raising fuel costs
Tap/Scan to Explore
Latest News
The proceedings dropped by Sebi in its latest order originated from a show cause notice (SCN) issued in October 2024. The notice was issued following a probe into share transactions between Max Financial, Max Life, and Axis Bank between the financial year 2009 to 2022
POPULAR
Calculate & Plan your future with ICICI Prudential Life's retirement calculator
One way of understanding risk-and-return metrics of a mutual fund scheme is by using metrics which are called the “Greeks”. Even though these metrics sound academic and math-heavy, retail investors can also understand and use them to make more informed investing decisions
An Ahmedabad police inspector lost Rs 5.4 lakh after scammers used genuine-looking policy details, refund promises and repeated payment demands to gain her trust and confidence
The August 31 due date applies to a specific category of taxpayers, while those facing audit or transfer-pricing rules have later deadlines
Magazine Home
Crises In The Making
India is in the midst of a major flux, and faces challenges at two opposite ends of the generation spectrum. The first is shrinking job opportunities for the youth and the second is the estimated boom in senior citizen population
The Best Health Insurance Strategy For Seniors
Health insurance is the first defence against medical expenses in old age. Though high premiums and exclusions are a challenge for seniors, opting for certain combinations and making small adjustments can sweeten the deal. But never trade off comprehensive coverage for lower premiums
The Financial Burden Of Health Issues
In India, most senior citizens are dependent on their family or other for maintenance as the large part of the population does not access any form of pension (see High Dependency Among Seniors). At the same time, many of them suffer from chronic diseases, whose treatment can be costly and unaffordable for the dependent segment (see Threat Of Chronic Diseases). Lack of health insurance and non-hospitalisation expenses (which are, typically not covered by standard health policies) are resulting in high out-of-pocket expenditure and contributing to high indebtedness (see Lack Of Cover Leads To Indebtedness).
Is Ayushman Bharat Yojana A Complete Solution In Itself?
The Ayushman Bharat Yojana provides a cover of Rs 5 lakh to those above 70 years, irrespective of their health condition and socio-economic background, but that solves only part of the affordability problem
We Need To Move From Products To Solutions For Seniors, Says Vibha Padalkar
Vibha Padalkar, MD and CEO of HDFC Life Insurance, talks about why insurance penetration is still low in India, why seniors end up buying the wrong insurance product, the innovations we can expect in the future and how frequent regulatory changes can deter the flow of foreign money in the industry. Edited excerpts from an interview with Nidhi Sinha, Editor, Outlook Money
If you happened to fall prey to digital fraud by clicking a suspicious link, make sure you take the necessary steps after the fraud to safeguard yourself from such fraud-led financial loss
