On Thursday, December 19, 2024, Gold prices surged over 1% recovering from a one-month low, driven by short-covering as traders awaited critical U.S. economic data for further insights into the US Fed interest rate decision. By 02:51 GMT, spot gold had risen 0.8%, reaching $2,607.88 per ounce, while U.S. gold futures eased slightly, dropping 1.2% …
Introduced in the 2015-16 Union Budget, the Atal Pension Yojana (APY) aims to provide financial security to workers in the unorganised sector, such as domestic helpers, gardeners, and delivery personnel. Employees without pension benefits in their organisations are also eligible to join the scheme. Who Can Join the Scheme? Indian citizens between the age of …
The Unique Identification Authority of India (UIDAI) has extended the deadline for free Aadhaar updates to June 14, 2025, offering users additional time to update their details online without any charges. This extension is aimed at ensuring demographic accuracy and encouraging residents to revalidate their information, especially for Aadhaar issued over a decade ago. Online …
On December 17, 2024, Gold prices remained stable with spot gold edging up by 0.1%, reaching $2,655.07 per ounce. Traders are closely watching the Federal Reserve’s policy meeting on December 18, which is anticipated to shed light on the central bank’s outlook for interest rates and its potential impact on gold prices in the coming …
The first quarter of 2024 has exposed a growing financial concern: a sharp rise in credit card defaults. This alarming trend, particularly among low-income cardholders with smaller credit limits, has raised questions about spending habits and financial planning. With defaults crossing critical thresholds, regulators and economists are analyzing the causes and devising measures to prevent …
On December 9, 2024, Prime Minister Narendra Modi launched the LIC Bima Sakhi Yojana, a visionary initiative by the Life Insurance Corporation (LIC) aimed at empowering rural women. This scheme seeks to address the dual objectives of livelihood generation and expanding insurance awareness in underserved areas. With an ambitious target of enrolling 1,00,000 Bima Sakhis …
As 2025 begins, it’s the perfect time to reset and take control of your financial future. If you’ve come to the conclusion that 2024 was a year of excessive, reckless spending, you’re not alone. The growing popularity of Buy Now, Pay Later (BNPL) schemes and easy e-commerce instalment options has been pushing many, particularly young …
The Mahila Samman Yojana (Delhi) and Subhadra Yojana (Odisha) are government initiatives that offer financial assistance to empower women. While the core objective of both schemes is to uplift marginalised women, the specifics of each program vary in terms of eligibility, benefits, and application processes. In this article, we will compare these two initiatives. Scheme …
Many travellers often find themselves confused about what is included and excluded in their travel insurance policies. With so many different plans and providers, it can be challenging to determine what kind of coverage you’ll have in various situations. To help clear up this confusion, here’s an exhaustive list of what is typically covered and …
The holiday season is here, and while it’s one of the most exciting times of the year, it also comes with its own set of uncertainties. From sudden flight cancellations to medical emergencies and unexpected weather disruptions, travel during this time can be unpredictable. That’s where travel insurance comes in! It’s your safety net, offering …
