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Monday, May 6, 2024
TopicSavings

Topic: Savings

Indus Senior Savings Account offers senior citizens a seamless banking experience

From pick-up facilities to high rates on fixed deposits, IndusInd Bank's new savings account has been crafted keeping the needs and welfare of senior citizens in mind.

Savings, profits, stocks can’t soar for long. Let’s hope change will be slow & calibrated

Consumers & companies have been saving cash, and even Modi govt has cut spending. Inflation has surged to 7.6%, so how long can RBI keep interest rates lower?

Why some millennials just can’t manage their money

Several surveys show that financial literacy rates in Asia are far lower than in the US, Canada and the UK, and money management behavior is tightly linked to such knowledge.

Pandemic could erase more global wealth than financial crisis

Volatile markets and the economic fallout from the virus could wipe out as much as $16 trillion of global wealth this year and hinder growth for the next five years.

Consumers won’t help India’s economic recovery, but their savings will

Rising savings during the nationwide lockdown will help in curtailing India’s current account deficit and increase govt borrowing, according to HSBC Holdings Plc.

It took a pandemic to make millennials save money. Hope Nirmala Sitharaman doesn’t blame us

At the start of Covid-19 pandemic, millennials were criticised for crowding bars, holding corona house parties or sensing an opportunity for cheap vacations. Not anymore.

For India’s Sikh community, collapse of PMC Bank is like a second Partition

PMC Bank’s 16 lakh account holders are waiting for a roadmap for the future even as RBI enhances withdrawal limit for depositors to Rs 40,000.

Nifty ideas for young millennials to save money in 2019

Broke before the month ends? Spent too much on a whim? Then you need this guide on how to save better. Young millennials want to...

On Camera

AI is doing the brave work humans are still squeamish about—using they/them pronouns

The hullaballoo over LinkedIn bot’s pronoun use comes on a day when CJI DY Chandrachud used the phrase ‘pregnant person’ in his judgment. It is a thing now. Get with the programme.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

Indian Coast Guard seizes Iranian fishing vessel, rescues six Indian crew members

The ICG said in a statement that the boat was seized and brought to Kochi for further investigation on May 6.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.