UPI transactions: 15 billion/month (NPCI, October 2025) – 99.8% volume share, 97.7% value. From 2019’s 60%, it’s a fintech tsunami, tying into $50k cr FDI (Goyal). X: @BJP4India (200 likes) on global QR relevance. UPI Explosion: 15B Txns, Rural Reach Jan Dhan: 50 crore accounts, RuPay cards +20%. Starlink demos (October 30-31, Mumbai) eye rural … Read more
In a move that’s sending ripples through Mumbai’s financial corridors, global investment giant Blackstone has pumped $705 million into Federal Bank, snapping up a 9.9% stake to become its largest shareholder. Announced on October 24, 2025, this infusion isn’t just another fat-cat deal—it’s a vote of confidence in India’s red-hot banking and loans landscape, where … Read more
Choosing the right bank account matters. Each account type serves a different need. Here’s a guide to the most common types of bank account and their benefits to help you decide which works best for you. 1. Savings Account A savings account keeps your money safe. Banks often pay you interest for keeping your money … Read more
Banking Sector Roars Back: Gold Loans Fuel 25% Growth Spurt India’s banking and NBFC sectors are basking in a golden glow this festive season, but not without shadows. Gold loans, the go-to quick-fix for cash-strapped borrowers, clocked a staggering 25% year-on-year jump in September 2025, pushing the outstanding portfolio past Rs 1 lakh crore for … Read more
UPI, India’s digital payments darling, is primed for a meteoric rise—from ₹104 trillion in FY25 to a staggering ₹378 trillion by 2035, per Elara Securities’ October 2025 report. That’s a 26% CAGR, dwarfing global peers like Visa’s 10%. On X, @Garg_Aditya’s thread on BFSI digitization hit 1.5k views, underscoring UPI’s role in 20% of fintech … Read more
Diwali 2025: Post Office NSC Hits 8.5% – Safest Bet for Risk-Averse Investors India Post’s October revamp bumped National Savings Certificate (NSC) to 8.5% (Q3 FY26), outpacing bank FDs (7.1% avg). Subscriptions exploded to 600K in October (+200% Google trends), as families shun volatile gold (Rs 78K/10g). RBI data shows small savings at Rs 50,000 … Read more
Tax consultants help people and businesses with tax rules. They file returns and plan to save money on taxes. In Chennai, the job market grows fast. The city has many firms and startups that need tax help. Demand comes from new GST laws and income tax changes. You can earn well here. Entry-level pay starts … Read more
RBI’s Bold Move: Repo Rate Slashed to 6.25% Amid Economic Resilience In a move that sent ripples through Dalal Street and beyond, the Reserve Bank of India (RBI) on October 7, 2025, surprised markets by trimming the repo rate by 25 basis points to 6.25%. This decision, announced by Governor Shaktikanta Das during the Monetary … Read more
RBI’s Bold Stroke: LAS Cap Jump Unlocks Liquidity in Uncertain Times MUMBAI – The Reserve Bank of India (RBI) on October 1, 2025, supercharged borrowing options by raising the loan against securities (LAS) limit from Rs 20 lakh to Rs 1 crore per borrower, a move Governor Sanjay Malhotra described as “bridging high-cost debt gaps … Read more
Festive Fire: Gold’s Record Run Amid Geopolitical Sparks NEW DELHI – Gold’s Diwali dazzle turned blistering: MCX futures touched Rs 1,21,020/10g on October 10, 2025, up 22% YTD, as US tariff threats and Fed easing fanned safe-haven flames. World Gold Council pegs Q3 demand at 250 tonnes, +15% YoY, with RBI adding 32 tonnes to … Read more