POPULAR


Moneylife Digital Team 21 May 2021
True to the perception of the community being large-hearted, Sikh organisations have been offering all kinds of aid over the last one year during the pandemic crisis. In yet another heart-warming move, Nanded’s Gurudwara Takht Shri Hazoor Sahib, one of the five takhts of Sikhism, has...

Read More



Even as images of endless burning pyres are flashed across the globe accompanied by desperate social media messages, frantically seeking hospital beds in Delhi, Gujarat and Uttar Pradesh, Mumbai is relatively calm. After a few stressful days in mid-April, there is no mindless panic, shortage...

Read More



Vimal Punmiya 22 September 2020
Recently, the Supreme Court of India, aiming at ensuring the 'right of equality', in a landmark judgement, Vineeta Sharma vs Rakesh Sharma, held that a daughter coparcener would have equal coparcenary rights in a Hindu Undivided Family (HUF) properties or  equal right to family property by...

Read More



Nishant Vivek 29 December 2020
A personal loan is a borrower’s boon as it can be used in an emergency or when facing a shortage of funds. Since the loan does not have any end-usage restrictions, the amount can be used to fund a wedding, travel plans, medical needs, or practically anything under the sun. You can even take a...

Read More



Moneylife Digital Team 29 June 2020
Pramod Mittal, younger brother of global steel magnate Lakshmi N Mittal, is again in the news. Pramod Mittal, one of Britain's wealthiest men who spent £50 million on his daughter's wedding has reportedly been declared bankrupt with debts running to more than £130 million, says a news...

Read More



The Supreme Court on Friday declined to entertain pleas seeking anticipatory bail for DHFL promoters Dheeraj Wadhawan and Kapil Wadhawan in a money laundering case of Yes Bank under investigation by the Enforcement Directorate (ED).   A bench of Justices Sanjay Kishan Kaul and B.R....

Read More



Moneylife Digital Team 21 August 2020
Last month, the Central and Western Railway along with the BrihanMumbai Municipal Corporation (BMC) allowed starting suburban (local) train services for essential workers as identified by state government. However, there are several instances coming to light where employees or workers from...

Read More



Until a few days ago, Jemin, a strong supporter of the government, was a happy and worry-free person. One fine day, his sense of well being was shattered when the Aarogya Setu app on his mobile began to show him positive for coronavirus (COVID-19) and he started receiving calls. Jemin says he...

Read More



Pravin Banker 30 October 2020
Born into a steelmaking Rajasthani Marwari family, the rise of Pramod Mittal began a few years after the acrimonious parting of ways of his older brother Laxmi Niwas (LN) in 1994.   Laxmi had set up the international operation Ispat (Sanskrit for steel) International and had shown his...

Read More



Maya M 22 September 2020
Almost everybody faces issues with online shopping, primarily because you need to make a purchase decision without actually looking at the product or trying it out, whether it is clothes, cosmetics, personal care products, accessories or electronic goods. You may need to return products for...

Read More



Yogesh Sapkale Yogesh Sapkale 19 October 2020
Canara Bank is the latest to join other big public sector banks (PSBs) that have written off bad loans worth thousands of crores of rupees and recovered paltry amounts from big defaulters.   Like other PSBs, Canara Bank also refused to share this information as well as names of...

Read More



Ranganathan V Ranganathan V 09 June 2021
There is no finding the light at the end of the black hole aka public sector banks (PSBs). The mounting non-performing assets (NPAs) have been unyielding to any salutary solution and the government and the Reserve Bank of India (RBI) have practically thrown every known ammunition at the...

Read More



BL Chandak 30 October 2020
The suppleness of trade credit comes from the elasticity of the micro, medium and small enterprises (MSMEs) sector itself, with its multi-nodal interconnectedness and the trust factor playing a crucial role to keep the machinery well oiled. An erosion of this factor could, however, be...

Read More



Moneylife Digital Team 15 October 2020
Odisha-based Sambandh Finserve Pvt Ltd has defaulted in its payment obligations arising due to internal fraud unearthed at the end of September 2020. In a note to the board of directors, four officials, including its chief financial officer (CFO) James Raj, has levelled serious allegations...

Read More



Akshay Naik 24 December 2020
Carrots are a great source of vitamin A which is derived effectively from the rich source beta-carotene contained in them. However, a new study has now revealed that to get full benefits of this so-called super-food, there is a need for an active enzyme to yield this...

Read More



Moneylife Digital Team 26 September 2020
After you have uploaded or submitted your ITR (income tax return) on the income-tax (I-T) e-filing portal, you get 120 days to verify your return. If you fail to verify your tax return within this stipulated time, then it is considered invalid as per current I-T laws. A return may be verified...

Read More



Moneylife Digital Team 27 July 2020
Updated on 28 July 2020 to add response from Byju's.   Dr Aniruddha Malpani, a doctor and an angel investor, was a prolific writer on LinkedIn on a wide range of topics covering the start-up ecosystem and lately, publishing posts critical of edtech major Byju’s work culture, business...

Read More



Moneylife Digital Team 22 September 2020
A passport is an important document, which is considered as a proof of identity (POI) and proof of address (POA). In many cases, women change their surname after marriage and want to update the same on their passport.     In case a lady retains her maiden name after marriage, nothing...

Read More



Moneylife Digital Team 13 July 2020
A near-term recovery for India's non-bank financial institutions (NBFIs) is not probable, as the sector continues to wrestle with the fallout from the coronavirus pandemic, says Fitch Ratings.   An investor poll at the annual Fitch on India event, held in early July 2020, revealed...

Read More



Non-performing assets (NPA) of a bank weakens the monetary policy transmission and loan growth rate, said a recent working paper prepared by the staff members of the Reserve Bank of India (RBI).   The paper titled, 'Bank Capital and Monetary Policy Transmission in India' shows the...

Read More

Free Helpline
Legal Credit
Feedback