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We have all got used to using WhatsApp Web on our computers – it is such a breeze to handle! WhatsApp Web Plus extension for Chrome enhances the utility of WhatsApp Web dramatically. Once installed and running, the WA Web Plus extension allows you to add more tools and options for WhatsApp...

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Canara Bank, the country's fourth-largest public sector bank (PSB), continues to write off bad loans of big defaulters who have borrowed Rs100 crore and more. At the same time, the Bank refuses to share names of these big defaulters under the Right to Information (RTI) Act, again wrongly...

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Moneylife Digital Team 08 April 2023
Employees' provident fund organisation (EPFO), which manages over 277.4mn (million) accounts of employees from across the country, has not yet credited the interest for FY21-22 and FY22-23. Usually, the interest on the balance amount in the EPFO account is credited on 31st March every year....

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The Canadian Border Security Agency (CBSA) has issued deportation notices to over 700 Indian students whose admission offer letters to educational institutions were found to be fake.   Talking to indianarrative.com on phone from Toronto, Chaman Singh Batth said that after passing +2,...

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In the past few days, thousands of angry traders have been spewing vitriol about several high-profile trainers who, it is alleged, have consistently made false claims about their trading prowess to lure gullible investors into buying their online trading courses or open brokerage accounts...

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On 29th March, the press information bureau (PIB) issued an unusual press release about a Supreme Court (SC) order in a public interest litigation (PIL) seeking refund of money deposited with four cooperative societies set up by the notorious Sahara Pariwar. The release declared that the SC...

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Moneylife Digital Team 31 March 2023
Updated at 12.50pm on 29 March 2023 to add NPCI's statement   The National Payments Corporation of India (NPCI) has suggested unified payments interface (UPI) transactions made via prepaid instruments like wallets, or cards should carry an interchange fee of 0.5% to 1.1% for...

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State Bank of India (SBI) has again refused to share the names of borrowers who owe Rs100 crore or more, even with its shareholder. Over the past nine years, from FY13-14 up to FY21-22, SBI has written off bad loans of over Rs145,248 crore of big defaulters, while recovering just over 13%...

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Maya M 12 August 2022
The Union government has clarified on the new goods and services tax rules (GST) on rent, which came into effect from 18th July. In a tweet, press information bureau (PIB) said that “renting of residential unit taxable only when it is rented to business entity." It further clarified that “no...

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“Congratulations on your new start up!”   “Congratulations!! Few More Things For Your New Venture!!”   Isn’t this a wonderfully welcoming way to receive an announcement that your company has been registered? But hang on. You have got it all wrong. This is, indeed, the first...

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Moneylife Digital Team 17 June 2022
The justice (retd) RM Lodha committee, which is supervising the Supreme Court (SC)-ordered process of selling PACL's assets, has allowed investors to update their mobile numbers on the separate portal, https://www.sebipaclrefund.co.in set up by Securities and Exchange Board of India...

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Abhay Datar 23 June 2023
As a counsellor at Moneylife Foundation, I encounter innumerable cases where bank customers have a harrowing time getting issues resolved. I completely empathise with them, given the problems that I have faced with a bank that I served for nearly three decades, despite my knowledge of core...

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Moneylife Digital Team 14 December 2022
There is no proposal before the Union government to make it mandatory to update Aadhaar every 10 years by amending Aadhaar regulations, the Lok Sabha was informed. In July this year, the government told the lower house that, over the past three years, the Unique Identification Authority of...

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Moneylife Digital Team 24 November 2023
Calling for reviewing of mis-selling of third-party products, especially IndiaFirst Life Insurance (IFLI) policies, the Bank of Baroda Officers' Union (BoBOU) has requested the top management to delink the insurance product from employees. Bank of Baroda owns a 65% stake, while Carmel Point...

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On the 17th March, Dr Jitendra Singh, minister of state (independent charge) for science and technology, proudly declared that India was home to five decacorns: Flipkart, Byju's, Nykaa, Swiggy and Phone Pe. These were part of a global assembly of only 47 start-ups valued at US$10bn (billion)...

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Moneylife Digital Team 12 October 2023
Rejecting the contention of Star Health & Allied Insurance Co Ltd about concealment of pre-existing disease, the national consumer disputes redressal commission (NCDRC) directed the insurer to pay Rs15 lakh as expenses for medical treatment and Rs30,000 costs.    In an order, the...

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Instead of providing ease of life, technology is becoming a disruptor and throwing more challenges at ordinary people every day. Uninterrupted electricity supply is crucial to all our lives today. So, fraudsters have found this a perfect weakness to exploit by threatening a power cut on the...

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KPMG India settled a proceeding before the US Public Company Accounting Oversight Board (PCAOB) on 6 December 2022; but there is barely any coverage by the Indian media. PCAOB, which audits public companies, censured KPMG Assurance and Consulting Services LLP (KPMG India) and the engagement...

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Many sites capture our email id and other personal data for various reasons, some legitimately and others illegitimately. Saymine.com helps you take ownership of your personal data. You can use Mine’s smart data assistant to discover and manage your digital footprint. Use it frequently to...

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Moneylife Digital Team 13 October 2023
Coming down heavily on Bajaj Allianz Life Insurance Co Ltd for unfair trade practices and selling 99-year insurance policies to a senior citizen, the additional district consumer disputes redressal commission for Mumbai suburban directed the insurer to refund the entire premium of Rs8.15 lakh...

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