Author: Shehnaz Beig
Shehnaz Beig
Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
The rise of cyber fraud is alarming, and one of the most dangerous scams making rounds is the Digital Arrest Scam. Even if your bank account has little or no money, cybercriminals can still manage to take loans in your name, leaving you responsible for repaying them. Here’s a breakdown of how this scam works and how you can protect yourself. How Cybercriminals Exploit Victims Cybercriminals often target people who believe that, because their bank accounts have only small amounts of money, they are safe from fraud. However, these criminals have found ways to exploit victims through fake loans, which…
A fresh battle is brewing in India’s telecom sector, and this time it’s between local giants like Reliance Jio, Airtel, Vodafone Idea (Vi), and the world’s richest man, Elon Musk. Musk’s company Starlink has entered the race, sparking a debate over how satellite spectrum should be allocated in India. This issue has put traditional telecom service providers and Starlink at odds. The Heart of the Issue: Spectrum Allocation The crux of the matter revolves around how the satellite spectrum should be assigned. Jio, Airtel, and Vi believe that satellite spectrum should be auctioned, just like the telecom spectrum they have…
If you are working in the private or government sector, you may be eligible to receive gratuity, a lump sum payment from your employer in recognition of your long-term service. The Payment of Gratuity Act, 1972 governs the process and conditions under which gratuity is provided. It’s a financial benefit that becomes even more crucial during retirement or when leaving a job. Here’s how you can determine your eligibility and calculate your gratuity with a simple formula. Conditions for Gratuity Eligibility The most important condition for receiving gratuity is completing at least five years of continuous service with the same…
Karva Chauth, the traditional festival where wives fast for the well-being of their husbands, is just around the corner. While the day is filled with love and tradition, it’s also the perfect time to show your wife how much you appreciate her. If you’re confused about what to gift this Karva Chauth, don’t worry. Here are some thoughtful, practical, and meaningful gift ideas that will make your wife feel special and loved, not just on the festival day but for many years to come. 1. Mutual Fund Investment for Long-Term Security One of the best gifts you can give to…
With the growing popularity of mutual funds in India, many investors are looking for the best funds that provide consistent returns. Among them, some equity mutual funds have outperformed the market, both in Systematic Investment Plans (SIPs) and lump sum investments. These funds have attracted large investments, as their assets under management (AUM) continue to grow. Let’s take a look at the top 5 mutual funds that have delivered excellent returns over the years. 1. Parag Parikh Flexi Cap Fund AUM: Rs. 82,441 crore Parag Parikh Flexi Cap Fund is one of the largest mutual funds in India. Known for…
As the digital landscape grows rapidly, the threat of online fraud has increased significantly. With fraud cases reaching alarming levels, the need for robust protection has never been more critical. From January to April 2024 alone, Indians faced losses amounting to ₹1,750 crore due to cyber fraud, with over 740,000 complaints filed on the National Cyber Crime Reporting Portal. In response, Quick Heal Technologies has introduced AntiFraud.AI, India’s first all-in-one fraud prevention solution, aimed at offering comprehensive protection against various forms of digital fraud. What is AntiFraud.AI? Quick Heal’s AntiFraud.AI is a next-gen security solution specifically designed to shield users…
A growing number of young Indians are turning to digital gold as their preferred investment, according to a survey conducted by Moneyview. The report, released during the festive season, reveals that more than 75% of individuals under 35 years of age prefer digital gold over physical gold. With rising digital literacy and the ease of online transactions, the trend of digital gold investment is accelerating, especially among Millennials aged 25-40 years, with 65% preferring digital gold to traditional forms. Gold Remains a Trusted Investment Option The survey highlights that more than 85% of respondents continue to see gold as a…
With the festive season around the corner, mutual funds are making strategic portfolio adjustments to maximize returns. The total assets under management (AUM) of India’s mutual fund industry have climbed to Rs 67.1 lakh crore by September 2024, reflecting growing investor confidence. Equity mutual funds, a popular investment avenue, offer stability and diversification compared to direct stock market investments. Fund managers continuously assess market trends, adjusting portfolios by adding or removing stocks and reallocating investments across sectors. Here’s a closer look at how mutual funds positioned themselves ahead of Diwali and the sectors seeing the most action. AUM Growth Driven…
India’s largest mutual fund house, SBI Mutual Fund, has launched a new investment option—SBI Nifty India Consumption Index Fund. This New Fund Offer (NFO) opens for public subscription from October 16th to October 25th, 2024. The open-ended equity scheme will track the Nifty India Consumption Index, allowing investors to tap into India’s booming consumption sector. Investment Details and Options Investors looking to participate in this NFO can do so with a minimum investment of Rs 5,000, and subsequent investments can be made in multiples of Re 1. Additionally, investors have the flexibility to contribute via SIP (Systematic Investment Plan) on…
In a significant development for millions of taxpayers, the Income Tax Department is planning to launch a new e-filing system, called IEC 3.0, which promises to make income tax return (ITR) filing faster and more efficient. According to reports, this upgraded system will replace the current Integrated e-Filing and Centralized Processing Center (IEC) 2.0, which has faced several technical issues in the past. The aim is to provide a smoother experience for taxpayers and faster processing of refunds. What is the IEC Project? The IEC project is an e-filing platform that allows taxpayers to file their income tax returns online,…