A large effect of the COVID-19 pandemic has been a disruption in finances, arising out of the loss of income for individuals and business units. Keeping in view of these serious financial challenges, and in a bid to bring relief to such businesses and individuals, The Reserve Bank of India, on March 27, 2020, made…
Category: BUSINESS & FINANCE
SBI Balance Enquiry by Missed Call
We are in the most challenging times, and it is becoming more important at this time to watch and keep track of our money. However, many of us are unable to track our accounts- transactions, balances and other relevant details. At such times, for customers of the country’s largest lender- State Bank of India, it…
Nobel Memorial Prize in Economic Sciences
The Sveriges Riksbank Prize in Economic Sciences, 2019 in Memory of Alfred Nobel has been awarded jointly to Abhijit Banerjee, Esther Duflo and Michael Kremer, the Swedish Academy announced on Monday, October 14th, 2019. “The research conducted by this year’s Laureates has considerably improved our ability to fight global poverty. In just two decades, their…
Initiative Q
Q is a new digital currency introduced in order to replace the hassles and shortfalls of existing payment systems like credit cards, cash, wire transfers, etc. which are getting old and outdated, leading us to bear unnecessary costs. As we all know, new payment systems with superior functionality are struggling to succeed because of the reluctance to…
Verify your GST Bill before paying
Most of you will be already aware of this wonderful application which will enable you to collect information regarding the person or company collecting GST(Goods and Services Tax) in India. GST Verify is an Android application released by the Central Board of Indirect taxes and Customs(CBIC) which will help you to verify the authenticity regarding…
Switch to EMV chip cards
As per the directive from Reserve Bank of India, debit(ATM) cards and credit cards without EMV chip will be blocked immediately. Most of the Banks are sending replacement cards to KYC compliant account holders whose PAN card is already linked. You can apply for replacement cards through Internet Banking or the digital solutions provided by the respective banks as well, provided…
CSR : Ever heard of it?
Corporate Social Responsibility (CSR) is one topic that is catching attention of all personnel’s in the current business world. It’s in the lime light ever since the Companies Act 2013 came out. CSR originally is meant to make the multinationals and big companies be more responsible to their social and environmental habitat. The Companies Act…