Canada to cut student visas by 10% in 2025, another blow to Indians | Personal Finance

Justin Trudeau, Prime Minister of Canada (Photo: Shutterstock) Bad news for Indians aspiring to live and work in Canada. Prime Minister Justin Trudeau’s government is making further adjustments to its approach to immigration, focusing specifically on international students and temporary foreign workers. “This year we will be issuing 35% fewer permits for international students. And … Read more

Sensex and Nifty hit new highs every other day: Will this continue or is the big stock market crash imminent?

The Indian stock market has been on a remarkable journey over the past few months, with stock prices Optimism is rising to unprecedented levels. Investors, both seasoned and new, are riding this wave of optimism, but many are starting to wonder: when will it stop? Or, more importantly, what should they do in the face … Read more

US Fed rate cut: Should debt fund investors increase their allocation?

The US Federal Reserve’s recent decision to cut its key interest rate by 50 basis points (bp) has sparked interest in global financial markets. The rate, now between 4.75% and 5%, comes just ahead of the US presidential election and is aimed at reducing borrowing costs and boosting economic activity. But what does this mean … Read more

Bank of Baroda’s BOBCARD introduces EMI facility on UPI payments: Here’s how it works

BOBCARD LIMITED has introduced an EMI facility on UPI payments. For this, BOBCARD has partnered with RuPay. The new feature allows RuPay BOBCARD holders to seamlessly convert their purchases into EMIs by scanning a QR code via the UPI app, providing a more convenient and hassle-free payment experience. With this feature, RuPay BOBCARD holders can … Read more

Here’s how NPS Vatsalya can grow your child’s future fund

NPS Vatsalya Scheme: Finance minister Nirmala Sitharaman Recently launched the NPS Vatsalya Pension Plan, an initiative aimed at helping parents secure their children’s future through a structured pension investment plan. Here’s how this plan works and how it can help you build up substantial capital for your child’s future. What is NPS Vatsalya Program? NPS … Read more

Visa scam ring busted in Ludhiana: How US embassy helped expose the case | Personal Finance

4 minutes reading time Last update: September 18, 2024 | 18:22 IS Ludhiana police on Tuesday busted a large-scale drug trafficking ring that involved creating fake academic degrees and work experience certificates to help applicants migrate to the US. Seven people have been accused of running this operation, charging hefty fees for fake documents and … Read more

Debunking myths: The truth about critical illness insurance

A sedentary lifestyle, unhealthy diet, stress, poor sleep patterns, hectic work schedules, hereditary factors, and tobacco and/or alcohol consumption, to name a few, expose the body to critical illnesses. A critical illness refers to a serious condition such as liver or kidney failure, cancer, stroke, or heart disease. When any of these ailments are diagnosed, … Read more

BOBCARD and RuPay partner to launch EMI facility on UPI payments

BOBCARD LIMITED, a subsidiary of Bank of Baroda, has introduced a new Equated Monthly Installments (EMI) facility on Unified Payments Interface (UPI) payments in collaboration with RuPay. This feature allows RuPay BOBCARD holders to convert purchases into EMIs via UPI app by scanning a QR code. Users can now make payments via UPI at any … Read more

NPS Vatsalya Launch: Finance Minister Nirmala Sitharaman unveils the pension scheme; get latest details on key benefits, lock-in and premature withdrawal

Finance Minister Nirmala Sitharaman on Wednesday launched a special version of the popular NPS pension scheme, called NPS Vatsalya, which aims to enable parents or guardians to create a post-retirement pension fund on behalf of their minor children through market-linked returns. Launching the pension scheme at nearly 75 locations across the country virtually from the … Read more

67% of mutual funds outperform their benchmarks in August 2024 | Personal Finance

2 minutes reading time Last update: September 18, 2024 | 14:31 IS Equity mutual funds continued their strong performance in August 2024, with assets under management (AUM) increasing by 2.04 per cent to Rs 25.64 trillion. A study by PL Wealth Management analysed 283 open-ended diversified equity funds and found that 67 per cent of … Read more