Senior citizens are particularly vulnerable due to their high savings, trust in authorities, and limited familiarity with online frauds.
'There are no additional benefits for banks and market participants to use CBDC...'
About 85 per cent of the digital payment transactions take place through UPI in India, and the country can be a case study in inclusive, secure, and scalable Digital Public Platforms (DPPs), Reserve Bank Governor Sanjay Malhotra has said. He was speaking at a "High-Level Dialogue on Forging Economic Resilience through Digital Public Platforms" organised by RBI on the sidelines of the Annual Meetings of the World Bank and International Monetary Fund in Washington, DC on Tuesday.
Ratings firm Crisil said on Wednesday that the uncertainties surrounding the US tariffs might be a new hindrance to capital expenditure decisions in the current financial year. The additional 25 per cent tariff imposed by US President Donald Trump on India for its purchases of Russian oil came into effect on Wednesday, bringing the total amount of levies imposed on New Delhi to 50 per cent.
rediffGURU Ravi Mittal, CEO, Quack Quack, suggests how to choose between your happiness and your children.
Equity markets will keenly track outcome of the US Federal Reserve policy meeting this week amid heightened expectations of an interest rate cut along with WPI inflation data, analysts said. Any further development on the USndia trade front would also drive trends in the equity market, experts said.
IBBI removes sale of company as going concern in liquidation; now only asset sales allowed, shifting focus strictly to terminal liquidation process.
A vehicle seller remains legally liable for any accident until the RTO officially updates the registration certificate, even if the vehicle was sold earlier.
A vehicle seller remains legally liable for any accident until the RTO officially updates the registration certificate, even if the vehicle was sold earlier.
Risk assessment platforms are increasingly using diverse data sources to help lenders identify groups attempting to access credit from regulated entities and to improve the process of evaluating new-to-credit (NTC) users.
Infosys, HCL, Wipro ramp up fresher intake as AI reshapes skills demand and hiring shifts from 'hire to train' to 'train to hire'.
The fee hike for the US H-1B visa by the Donald Trump administration has no short-term impact on Tata Technologies Ltd, although it will change resourcing plans for the future, according to its CEO and managing director, Warren Harris.
RMG firms Dream11, Games24x7, Gameskraft and MPL lost unicorn status after the gaming ban while fintech players led 11 new unicorns added in 2025.
'First-time or conservative investors should avoid narrow sectoral funds.'
A US court's $1.07-billion default judgment against Byju Raveendran can't be enforced directly in India because the US isn't a "reciprocating territory." Creditors must file a new case in an Indian court.
The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga.
'If not bullish, volatility should be minimal.'
'It will support our growth aspirations. It's very positive as it helps expand the market in a segment that really needs it.'
'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.'
The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax.
US lawmakers have urged President Donald Trump to reconsider his proclamation on H1-B visas, including the USD 100,000 fee, asserting that Indian nationals are central to American leadership in IT and AI, and the restrictions will negatively impact US-India ties.
rediffGURU Anu Krishna, a mind coach and relationship expert suggests how to handle differences in a relationship.
In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday announced a slew of measures, including allowing banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for bilateral trade.
State-owned insurer LIC on Thursday reported a 32 per cent jump in net profit to Rs 10,053 crore for the second quarter ended September 30, aided by a lower commission outgo. The country's biggest insurer had reported a net profit of Rs 7,621 crore in the year-ago period.
A woman doctor of a government hospital allegedly died by suicide in Maharashtra's Satara district, leaving behind a note accusing two police personnel of rape and mental harassment, police said on Friday.
Bengaluru police recovered Rs 14 lakh lost by BJP MP's wife in a cyber fraud through 'digital arrest'.
This ancient temple has been built on top of a rock.
'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu.
'These changes are expected to eliminate many data-entry problems that make the return filing process cumbersome in the current system.'
rediffGURU Dr Upneet Kaur suggests how to ignore your in-laws' negative behaviour and focus on building a peaceful family life.
Indian Army Builds Bridge in 18 Hours to Rescue Villagers.
Byju's founder Byju Raveendran is preparing to file a $2.5 billion damages claim, alongside new evidence in a US court that he says disproves GLAS Trust's allegations that $533 million in 'Alpha Funds' was diverted by the company's founders.
'What we are seeing today is India stepping into its digital confidence, not as a follower but a leader.'
'By quick, fast, and just awards, the insurance ombudsman can bring the trust of the policyholders in the insurance system and insurance as a product and create a positive impact on the entire industry.'
CERC, which has a key role in India's power sector, has also set up a committee to gather further evidence in the matter and take suitable action.
rediffGURU Anu Krishna, a mind coach and relationship expert guides users on how to tackle stagnancy and boredom in a married relationship.
Passive funds appeal to investors seeking to avoid the risk of underperformance by the fund manager and minimise the need for frequent chopping and changing of funds.
The State Bank of India (SBI) in its latest research report said that reforms in GST through reduction in rates will cause a minimal revenue loss of Rs 3,700 crore. The government estimates the net fiscal impact of GST rates rationalisation will be Rs 48,000 crore on an annualised basis.
India has implemented a number of free trade agreements with developed nations and is in active dialogue for such pacts with nations including the US, Oman, and the EU, Commerce and Industry Minister Piyush Goyal said. India has implemented trade pacts with Australia, the UAE and EFTA bloc. It has also signed an agreement with the UK.
rediffGURU Ravi Mittal, CEO, Quack Quack tells you how to avoid arguments and set healthy boundaries with your in-laws.
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