From 15 October, UPI person-to-merchant (P2M) transactions above Rs 2,000 will attract a 0.4 per cent Merchant Discount Rate (MDR), with a cap of Rs 300 for payments over Rs 75,000. Transactions…
Closing an unused credit card reduces total available credit, which can push the credit utilisation ratio higher and potentially lower the credit score. For example, if total limits drop from Rs 5…
A budget of Rs 10-15 lakh for a car forces buyers to choose between a new lower-end model or a pre-owned higher-end model, according to livemint.com. Financial experts advise comparing the total…
Experts recommend keeping home loan EMI within 40% of monthly income for comfortable repayment. On a Rs 50,000 monthly income, the affordable EMI is about Rs 20,000, on Rs 1 lakh, Rs…
Speculation is rife about salary hikes for central government employees under the 8th Pay Commission, with some expecting a doubling or even tripling of pay and pension. However, experts point out that…
Gold futures rose on the Multi Commodity Exchange on August 15, with the benchmark 24-carat contract gaining 0.73% to Rs 1,54,590 per 10 grams in morning trade. Times Now reports that Delhi…
