CoinSwitch, India’s largest crypto trading platform, has released its third annual investor report, India’s Crypto Portfolio 2024: How India Invests. The report provides a deep dive into India’s growing crypto ecosystem, focusing on city-wise investment trends and demographic insights that are driving the adoption of digital assets. City-Wise Investment Trends Delhi-NCR continues to lead the
Encouraged by the relatively high returns for Employees’ Provident Fund Organisation (EPFO) from equity investments since 2015, the government is looking to hike the retirement fund body’s exposure to the segment significantly. The higher equity exposure – roughly 9.5% of the EPF investible surplus is currently invested in specified exchange-traded funds (ETFs) – is being
Bank of Baroda (Bank) has launched ‘phygital branches’, seamlessly integrating physical and digital banking services for customers with “Self Service kiosks that provide 24/7 Banking, a Video Contact Centre for non-financial services and Universal Service Desks for in-person customer service”. By integrating self-service and assisted service models, its phygital branch is a unique banking concept
ICICI Prudential Life Insurance in collaboration with Reinsurance Group of America (RGA) has launched ICICI Pru Wish, a first-of-its-kind health product catering to women-specific critical illnesses and surgeries. ICICI Pru Wish, a product developed keeping in mind unique health challenges faced by Indian women, will offer immediate lump sum payout upon diagnosis of a critical
SBI Mutual Fund is India’s largest asset management company (AMC) by asset size. It offers a wide range of mutual fund schemes designed to help investors grow their wealth through professionally managed portfolios. The fund house manages over 120 funds catering to various risk-return profiles. Investors can choose a fund that aligns with their financial
As the holiday season approaches, Visa’s 2024 Holiday Threats Report anticipates that scammers will use various methods to steal cardholder information and money from unsuspecting consumers due to increased E-commerce and in-person shopping. To protect shoppers from emerging threats, Visa shares essential tips that will help them enjoy a worry-free holiday shopping experience. 1. Watch
Noida’s commercial real estate, steered by rapid urbanization, economic progress, and ever-evolving business needs, has shown a remarkable growth graph in 2024. The commercial sector has experienced a significant surge in demand for office spaces, as technology leaders and multinational companies establish their operations in Noida. Experts say that in the past five years, the
With discussions on salary revisions heating up, the 8th Pay Commission is on the minds of many government employees. The 7th Pay Commission was implemented in 2016, and employees are eager for the next revision. It increased the minimum salary from Rs 7,000 to Rs 18,000 per month, and the maximum salary for top officials
With the RBI slashing the repo rate for the first time in 5 years, many banks, including public sector ones, have revised their interest rates on fixed deposits (FDs). FD customers, especially senior citizens, have enjoyed high interest rates on their FD investments for the past many years amid a high interest regime in the
ICICI Prudential Life Insurance has launched a guaranteed income product called ‘ICICI Pru GIFT Select’. This is a long-term savings product offering customers a flexibility to choose guaranteed income with liquidity as per their needs, according to a company release. Key highlights of ICICI Pru GIFT Select: -Offers guaranteed income along with a lump sum
Amid global uncertainties and supply chain disruptions, prime minister Narendra Modi on Tuesday asked the industry not to be a mere spectator, but to take advantage of the opportunities by investing more. Speaking in a webinar with stakeholders to finalise the blueprint for implementing measures announced in the budget, he said new modes of credit
The alliance between US President Donald Trump and the tech world is showing signs of strain, and it’s largely due to cryptocurrency. Donald Trump relied on cryptocurrency executives and investors for a significant portion of his 2024 campaign funds. In return, he promised to reward them by reducing regulations and making the U.S. “the crypto
The Indian stock market has witnessed increased volatility in recent months, driven by global macroeconomic uncertainties, rising interest rates and geopolitical tensions. Amid this broader correction, the defence sector—once a market darling—has also seen a pullback. Despite strong order books and long-term growth potential, several defence stocks have come under pressure due to concerns over
