India tops world ranking in digital payments, records 89.5 million transactions in 2022

As per the data, India in the year 2022 accounting for 46 per cent of the global real-time payments, adding that the digital payment transactions in India is more than the other four leading countries combined.

Weekend Wrap: From Hindustan Aeronautics to Adani Power; Top news and market movers this week: 9 June 2023

From top newsmakers to market performance, here's the market wrap for the week ended 9 June 2023.

A Man Called Otto: 5 money lessons you can learn from Tom Hanks’ film

A Man Called Otto offers valuable money lessons such as being wary of trusting outsiders with your money, parking it in domestic plans, diversifying your investments, being wary of real estate sharks, and the power of pooling resources.

RBI empowers banks with RuPay prepaid forex card authorization. Details here

RBI allows Indian banks to issue RuPay Prepaid Forex cards for overseas use, expanding payment options for travelers. It also streamlines Bharat Bill Payment System and expands e-RUPI digital vouchers, aiming to promote digital transactions and enhance financial management.

NFO Review: Should you invest in the newly launched Edelweiss Multi Asset Allocation Fund?

Edelweiss Multi-Asset Allocation Fund may be a suitable idea for investors looking to put their money in debt funds while availing of indexation benefits. However, it is still a new fund launch, thus, mandating investors to think twice before they act.

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