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Hiral Thanawala

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It is a trap: Here's what the rent-a-bank-account scam is and how to guard against it

BUSINESS

It is a trap: Here's what the rent-a-bank-account scam is and how to guard against it

Criminals are luring people into 'renting' their bank accounts with a promise of quick cash. They use to it launder money and even move proceeds of crime, leaving the account holder to face the consequences

Appointing a nominee for your residential property: A crucial step for Diwali homebuyers

BUSINESS

Appointing a nominee for your residential property: A crucial step for Diwali homebuyers

Appointing a nominee for your residential property ensures smooth management and transfer of ownership in case of your demise preventing delays and disputes among heirs.

The credit card trap: How festive shopping spree can lead to debt

BUSINESS

The credit card trap: How festive shopping spree can lead to debt

Credit card usage surged during Navratri festive season, and it’s expected to continue till Diwali, but reckless use can lead to debt traps, high interest rates and lower credit scores, so manage your spending and payments wisely always.

Here is a checklist when you go shopping for gold this Diwali

BUSINESS

Here is a checklist when you go shopping for gold this Diwali

This Diwali, buy gold wisely with these expert tips: check prices, verify purity, understand making charges, and know buyback policies to ensure a smart investment decision.

Loading the shopping cart: Top credit cards for cashback, rewards this festival season

BUSINESS

Loading the shopping cart: Top credit cards for cashback, rewards this festival season

Maximize festival savings with top credit cards offering cashback, rewards, and discounts on e-commerce platforms such as Amazon and Flipkart

Tata Capital, LG Electronics, or others? Here's a checklist before you take the IPO plunge

BUSINESS

Tata Capital, LG Electronics, or others? Here's a checklist before you take the IPO plunge

Seven major IPOs, including Tata Capital and LG Electronics, are set to raise over Rs 30,000 crore tis week but investors should prioritise fundamentals over hype and avoid speculative bets

Diwali bonus: Spend wisely, invest smart for a brighter future

BUSINESS

Diwali bonus: Spend wisely, invest smart for a brighter future

Maximize your Diwali bonus by striking a balance between celebrations and financial goals. Allocate wisely, budget, pay off debt, and invest for a secure financial future

Faster cheque clearance from tomorrow: Here is what you need to know

BUSINESS

Faster cheque clearance from tomorrow: Here is what you need to know

From October 4, banks will clear cheques the same day, enhancing payment security and speed

RBI's new authentication directions will boost security, trust in digital payments, say experts

BUSINESS

RBI's new authentication directions will boost security, trust in digital payments, say experts

The RBI has come out with new authentication guidelines to secure digital payments, mandating dynamic two-factor authentication and encouraging alternative methods such as biometrics. These norms will come into effect from April 1

RBI strengthens grievance redressal, rural cooperative banks brought under ombudsman scheme

BUSINESS

RBI strengthens grievance redressal, rural cooperative banks brought under ombudsman scheme

Rural cooperative banks have been brought under the purview of the RBI Ombudsman Scheme, extending these enhanced customer protection services to a wider customer base

RBI rolls out digital makeover for Basic Savings Bank Deposit Accounts

BUSINESS

RBI rolls out digital makeover for Basic Savings Bank Deposit Accounts

The Reserve Bank of India has announced that Basic Savings Bank Deposit Accounts will now include digital banking services like mobile and internet banking.

RBI leave repo rate unchanged: What it means for home loan borrowers

BUSINESS

RBI leave repo rate unchanged: What it means for home loan borrowers

The RBI's decision to keep the repo rate unchanged at 5.5 percent means home loan EMIs and interest burdens will stay the same, providing stability for borrowers

Returning to India: A financial checklist for NRIs

BUSINESS

Returning to India: A financial checklist for NRIs

NRIs returning to India should consider key financial aspects like job security, settling credit card dues, managing bank accounts, health insurance and estate planning for a smooth transition

Gold loan market jumps 122% as gold prices continue to hit all-time highs; Know hidden risks

BUSINESS

Gold loan market jumps 122% as gold prices continue to hit all-time highs; Know hidden risks

The gold loan market has surged 122% year-on-year to Rs 2.94 lakh crore as of July 2025, driven by rising gold prices, eased regulations, and increased accessibility for low-credit borrowers.

IndiGo and SBI Card launch co-branded credit card: Right choice for frequent flyers?

BUSINESS

IndiGo and SBI Card launch co-branded credit card: Right choice for frequent flyers?

The IndiGo SBI credit card offers rewards in IndiGo BluChips, airport lounge access, and insurance benefits, but it has downsides and mixed reviews on its value proposition and fee structure.

Navigating the 2026 admission season: How to realise US dreams amid visa policy shifts

BUSINESS

Navigating the 2026 admission season: How to realise US dreams amid visa policy shifts

H-1B Visa Policy: Indian students face uncertainty due to a new $100,000 fee for fresh H-1B visa petitions, but experts advise strategic planning, skill-building, and exploring alternatives like Canada, the UK, and Australia.

Scammers on the prowl, here's how to shop safe during festival season

BUSINESS

Scammers on the prowl, here's how to shop safe during festival season

Fake e-commerce offers, travel scams, KYC frauds and SIM-swaps are common during the shopping season. Moneycontrol offers a guide to a fraud-free festival season

Don't let your cyber legacy go dark, include virtual assets in your will

BUSINESS

Don't let your cyber legacy go dark, include virtual assets in your will

Estate planning should include digital assets such as cryptocurrencies, social media profiles and online businesses to preserve legacy, prevent disputes and ensure smooth transition of assets to heirs

Navigating Trump’s H-1B visa order: Expert advice for students and professionals

BUSINESS

Navigating Trump’s H-1B visa order: Expert advice for students and professionals

The new H-1B visa proclamation introduced a $100,000 fee for new petitions, affecting Indian professionals and students. Existing H-1B holders and renewals are exempt, but new entries face significant financial hurdles.

Travelling abroad this festive season? Here's how you can manage foreign currency effectively

BUSINESS

Travelling abroad this festive season? Here's how you can manage foreign currency effectively

Travelers can manage foreign currency effectively by using prepaid forex cards, keeping some cash for essentials, and reserving credit/debit cards for emergencies, while avoiding hidden fees and exchange rate fluctuations.

The importance of clear succession planning: Lessons from Sunjay Kapur's estate dispute

BUSINESS

The importance of clear succession planning: Lessons from Sunjay Kapur's estate dispute

The Kapur family's inheritance dispute highlights the importance of clear succession planning, transparent wills and estate planning tools to prevent prolonged legal battles and emotional distress within families

Four years of Account Aggregator framework: How India’s financial dashboard is shaping up

BUSINESS

Four years of Account Aggregator framework: How India’s financial dashboard is shaping up

Account Aggregators are RBI-regulated entities that facilitate consent-based sharing of financial data between individuals and lenders.

Amazon Pay ICICI Credit Card gets a makeover: Forex charges cut, cashback rules tweaked

BUSINESS

Amazon Pay ICICI Credit Card gets a makeover: Forex charges cut, cashback rules tweaked

The Amazon Pay ICICI Bank Credit Card will update its benefit structure from October 11, with reduced forex charges and a modified list of spend categories ineligible for cashbacks.

UPI raises daily P2M payment limit to Rs 10 lakh from September 15: High-value payment for insurance, investment unlocked

BUSINESS

UPI raises daily P2M payment limit to Rs 10 lakh from September 15: High-value payment for insurance, investment unlocked

NPCI has raised the Person-to-Merchant (P2M) UPI transaction limits to Rs 5 lakh per transaction from September 15. with specific daily limits for categories such as insurance, capital markets and travel at Rs 10 lakh.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347