In a rare act of tough love, the banking regulator has detained India’s most valuable lender for repeated disruptions to its digital services. HDFC Bank is unable to accept new credit card customers and will have to stop its planned digital launches until the issue is resolved. Read also: Inside …
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In a great relief to borrowers this holiday season, the Finance Ministry issued guidelines to implement an ‘interest on interest’ exemption for six months. “The Government of India has announced the Program for the granting of ex gratia payment of the difference between compound interest and simple interest for six …
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The Google Pay digital payments app is not yet available to Apple iPhone users in India. The Google Pay app, formerly known as Google Tez, was not listed on the Apple App Store yesterday and is not yet available. Google confirmed yesterday that the app wasn’t on the list to …
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In light of the extreme and unprecedented situation of COVID-19, the government announced significant relief for borrowers and individual MSMEs by waiving compound interest on specific loans for a period of six months. Loans eligible under the scheme include MSME loans, education loans, home loans, consumer durables loans, credit card …
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In a relief for borrowers amid the holiday season, the government has announced an interest waiver on interest on loans until ₹2 million rupees regardless of whether or not the moratorium was applied. According to estimates, the measure is likely to cost the government ₹6,500 crore. According to the guidelines, …
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The government had introduced the equivalent special package in place of the leave travel concession fee for central government employees during the 2018-21 block. The Expenditure Department of the Ministry of Finance has published a list of clarifications on the recently introduced LTC cash voucher program. The clarifications will help …
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The Apple iPhone 12 can be pre-ordered from the Apple India online store. The Apple iPhone 12 is part of a solid lineup of four iPhones for 2020 that also includes the iPhone 12 Mini, iPhone 12 Pro, and iPhone 12 Pro Max. The Apple iPhone 12 Pro is now …
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The Apple iPhone 12 Mini has been listed on the Apple India online store. The smallest iPhone right now and indeed the world’s most compact 5G smartphone, the Apple iPhone 12 Mini is priced at Rs 69,900 and up and will be available in three storage options and five colors. …
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Online shopping battles are ready to resume. Amazon and Flipkart have confirmed that the battle lines have been drawn before the festive shopping season. Amazon has just announced the Indian Festival Grand Deal and still says, “coming soon”. Amazon is expected to finalize the dates of the Amazon Great Indian …
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Flipkart has revealed the timeline for The Big Billion Days, which will start from October 16 and continue until October 21. The company claims that the annual sale will be its flagship event of the year. According to Flipkart, this year’s Big Billion Days will bring hourly deals, in all …
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