The green energy and biofuel revolution in India has achieved a new milestone. Prime Minister Narendra Modi’s advisor Tarun Kapoor has given an important statement saying that the production capacity and supply of ethanol in the country is now much more than the current primary requirements for blending with petrol. …
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Is it necessary to pay 2% extra charge on credit card payment? Know the strict rules of RBI and banks, where and how to complain if shopkeepers ask for it
Often while shopping in small markets, electronics shops, jewelery showrooms or wholesalers, when you take out your credit card, the shopkeeper immediately says –“Sir, if you pay by card, there will be an extra charge of 2% or 2.5%.” In simple and clear words, charging this additional fee (Credit Card …
Read More »The elderly, not Gen Z, will earn huge income: 74 thousand senior living homes are needed by 2030, only 25 thousand should be built; 98.5% market empty, big opportunity of ₹84,000 crore
Till now, products in real estate, tech and consumer markets have been designed keeping in mind the Millennials and Gen Z, but a silent change in the demographic structure of India is now proving to be a gold mine for investors. India’s senior living housing sector is set to become …
Read More »Now not only cash will be issued from ATM, new debit card will also be issued! Activated card will be available from the machine in 2 minutes; Know the process and benefits
The biggest problem customers faced when opening a new bank account or losing, breaking or expiring an existing debit card was that they had to wait for the post or courier for 7 to 10 days for a new plastic card. But now a revolutionary change has come in the …
Read More »How much bonus will you get on a salary of ₹21,000? Know the complete calculation of 8.33% to 20%, ceiling limit and what is the mandatory rule of 30 days.
There is always curiosity in the minds of employees regarding the bonus received at the end of the festive season or the end of the financial year, how much amount will come into their account. The payment of statutory bonus in India is governed by the provisions of the Payment …
Read More »2 accounts.. 21 days.. just try this magical formula for a month; Money leakage will be caught, every unnecessary expenditure will stop
80% of working professionals do not have the answer to why the salary credited to their account on the 1st of the month suddenly disappears by the 15th to the 20th. People keep track of big expenses—like house rent, child’s school fees, car EMI or groceries—but the real loss comes …
Read More »Want to buy a car.. which one should I buy and how much should I spend? Know the magical formula of 20/4/10 as per salary; Understand the entire budget with 10 accurate calculations
Be it a middle-class family or a corporate professional, buying your own car is everyone’s big dream. But often people go to showrooms or get trapped in the tempting advertisements of 100% on-road finance of banks and buy a car much bigger than their capacity. The result is that for …
Read More »Big action of National Consumer Helpline (NCH): 1.66 lakh complaints resolved in 15 months, Rs 105 crore returned to consumers
The National Consumer Helpline (NCH), operated under the Department of Consumer Affairs, is proving to be the most effective medium to protect the rights of consumers across the country and in cases of fraud. As per official data, the helpline has successfully resolved more than 1,66,000 (1.66 lakh) complaints in …
Read More »Apple launches first foldable phone ‘iPhone Duo’: passport design, 7.6-inch inner screen and A20 Pro chip; Know the price and powerful features in India
Global tech giant Apple takes the much-awaited step into the foldable smartphone market with its first foldable phone. iPhone Duo Has been officially presented. Apple is calling it “the biggest and most revolutionary change since the original iPhone,” years after foldable models from Samsung, Google and OnePlus. The new iPhone …
Read More »Should you take monthly interest on FD or on maturity? Understand the complete mathematics of compound interest and know which option is best for you.
Investors often come across two main options when opening a fixed deposit (FD) in a bank or financial institution: the first is non-cumulative (monthly or quarterly pay-out) and the second is cumulative (cumulative/lump sum payment on maturity). Simply put, if you look at absolute returns, taking interest on maturity is …
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