Author: TI Editor
Two con artists were arrested in Gurgaon for scamming a private firm employee through a fraudulent loan offer. The victim saw a loan advertisement on a poster in Udyog Vihar, leading him to contact the scammers.They convinced him that he was eligible for a ₹30,000 loan, but after deducting fees, he would receive ₹28,000. The scammers took the victim’s personal and banking details, but only gave him ₹20,000, later forging a larger loan in his name, reported TOI.By February 25, the victim realized the fraud when multiple banks contacted him about a loan of over ₹1.3 lakh, far exceeding the…
Long queues, time-consuming documentation, rejections in requests, and constant delays, these are typically the images that come to mind when one considers taking advantage of your Employees’ Provident Fund (EPFO) corpus in India.All of this could be a thing of the past soon. Union Labour Minister Mansukh Mandaviya made the announcement of the imminent arrival of EPFO 3.0, a revolutionary overhaul that will introduce banking-like convenience to EPFO subscribers in millions.What’s the big deal about EPFO 3.0?The big buzz around EPFO 3.0 is the assurance to withdraw money from ATMs, a facility which would bring a much needed change. Union…
The Mumbai-based company sees a massive opportunity in quick food deliveries and believes it has the right to win in the category thanks to its well-established model comprising offline eateries as well as cloud kitchens, which allow it to offer a full-stack setup with access to multiple brands such as Faasos, Behrouz Biryani, and Wendy’s, Kochhar said. “We have realized that quick commerce and quick food delivery is the new reality of the F&B [food and beverages] world. It is bound to disrupt because it takes convenience to the next level. We already have a full-stack play across 50-odd locations…
If you are planning to apply for a personal loan in 2025, remember that you need to plan things well in advance. From checking your credit score to carrying out proper research on the lender – everything plays an important role.Then there are numerous nuances linked to it. For example, what if the bank offers a loan at a lower rate of interest but charges a high processing fee. Additionally, what if the lender has a high hidden fee. So, you need to be careful of this and more.Let us understand the key tips and tricks so that you can secure a…
JSW Steel Managing Director Sajjan Jindal claimed that Tesla boss Elon Musk will not be able to compete with Indian automakers. He dismissed the expectations of Musk disrupting the Indian market.“Elon Musk is not here. He is in the US….We Indians are here. He cannot produce what Mahindra can do, what Tata can do—it’s not possible,” Jindal stated at the EY Entrepreneur of the Year awards programme.He also appreciated Musk’s achievements and credited Donald Trump as well.“He (Musk) can do under Trump’s shadow, in the US. He’s super smart, no question about it. He’s a maverick, doing spacecraft and all…
Netflix released this beautiful period drama about a revolution most of us did not learn in high school: the great unification which is said to have started in Turin (called ‘The Cradle of Italian liberty’ for having been the political and intellectual centre of the Risorgimento that led to that unification of Italy). Even if you didn’t care for the political situation of the show, you would like this slow-burn of a series that concentrates on the beliefs of a Prince who refuses to believe that his world is changing, but at the same time shows how he manipulates this new…
It could be frustrating to have a low credit score without ever taking a loan, but there are multiple reasons for this to happen, particularly if you are new to credit or have not actively used credit products.Here’s why your score might be low:Reasons for a low credit score without any loanI. No credit history: If you have never taken out a loan or credit card, credit bureaus such as CRIF High Mark would – in all likelihood – have no data to assess your credit score. This could be common among youngsters such as students or those who always pay via cash…
The Supreme Court refused to grant an interim stay on the Dharavi Slum Rehabilitation project being carried out by the Adani Group, as sought by a company that lost out on the contract.A bench led by Chief Justice Sanjiv Khanna heard a plea filed by Dubai-based Seclink Technology Corporation, challenging the award of the project to Adani. However, the court agreed on Friday to examine Seclink’s petition and issued notices to the Maharashtra government and the Adani Group.The top court refused to halt the ongoing work at the project site after senior advocate Mukul Rohatgi, representing the Adani Group, said…
Amid Canadian citizens’ calls to revoke Elon Musk’s citizenship of the country, a report highlighted that Tesla continues to solidify its business there. The report prompted a witty reaction from Paytm founder Vijay Shekhar Sharma, who said that Canada ‘loves’ the Tesla boss.“Canada loves Musk,” Sharma said in a three-word post on X, sharing another post that details Tesla’s growing business in the Justin Trudeau-led country.The post, which Sharma shared, mentions that Tesla sold 8,600 units of its electric vehicles in just 72 hours.Elon Musk is the CEO of Tesla.“Records from Transport Canada reveal that in just 72 hours, four…
If you are a new investor and exploring new schemes to invest, there are multiple options to choose from. From large cap funds to value funds and ELSS to thematic funds – there are options galore. There is no denying the fact that each category has its own set of advantages and characteristics. Here, we list out the key advantages of investing in dividend yield funds.It is an interesting category for those investors who want to earn a regular income on their investment. What are dividend yield funds?Dividend yield funds refer to mutual funds that invest predominantly in dividend-yielding stocks, with…