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Location American Market News for 20 May 2026
I gave ₹50,000 to ChatGPT to plan my solo international travel: AI brainstorms to make my trip possible I gave ₹50,000 to ChatGPT and asked AI to plan my solo international trip. In return, it gave me a detailed travel plan.
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Can EPF be attached for liabilities? What happens if employer recovers contribution but doesnt deposit? FAQs answered EPFO: We take a look at if EPF amounts be attached for liabilities and what happens if your employer recovers contribution but doesnt deposit it, among other top FAQs. Here's a look
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Co-applicant home loan rules: How joint loans affect EMI, tax benefit and credit score One effective way to improve your home loan eligibility is to add a co-applicant with an independent source of income.
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Debt Snowball vs Debt Avalanche: Which method clears loans faster? There is no universally superior choice here, as every individuals financial landscape is unique. While the avalanche path optimises your total savings, tackling a massive principal balance first can feel slow, sometimes...
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What is my car EMI actually hiding? I asked ChatGPT my true ownership cost: AIs estimate left me shocked While a car EMI of ₹16,000 seems reasonable, actual ownership costs can exceed ₹36,000 per month due to hidden expenses such as depreciation and insurance. ChatGPT gave me the entire estimate.
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How much money should you keep in a savings account and where to park the rest? The 50/30/20 rule is a widely used budgeting strategy that divides your monthly post-tax income into three main categories: needs, wants, and savings.
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RBI proposes tighter norms for recovery agents, bank employees; bars abusive language, blocking mobile phones: Details The RBI has proposed stricter loan recovery rules, including mandatory certification for recovery agents, safeguards against harassment, grievance redressal mechanisms, and compensation for wrongful recovery actions. Len...
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SEBI proposes EPF-style investing in mutual funds - Here's all you need to know Sebi proposed allowing third-party payments in mutual funds for specific scenarios, with aim to ease investing while protecting against misuse, and includes provisions for social cause contributions. Here's what coul...
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How to create a family budget that works: Here is a step-by-step guide Analysing your spending patterns can feel stressful and may reveal some uncomfortable habits. Pause if necessary, but remain committed to uncovering the true reality of your financial situation.
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EPFO: Is 24x7 support available for members? Can they contact via WhatsApp? EPFO has chosen WhatsApp to enhance member services, leveraging its extensive user base in India. This initiative aims to streamline grievance resolution, reduce legal backlogs and facilitate real-time communication for ...
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Dearness Allowance: Maharashtra approves payment of DA arrears for state employees under 5th, 6th and 7th CPC Dearness Allowance: The Maharashtra state government has approved payment of DA arrears for state employees under the 5th, 6th and 7th central pay commissions. The total payout is ₹800 crore.
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EPFO: You will soon be able to withdraw money from EPF account through UPI, Mandaviya says testing complete - Details EPFO subscribers will soon withdraw provident funds via UPI, with direct transfers to bank accounts. The initiative aims to streamline service delivery and enhance member access to funds, facilitating quicker transaction...
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SIFs at seven months: baby steps now, broader risk canvas ahead Launched as a bridge between mutual funds and PMS, specialized investment funds have seen rapid AUM growth in seven months. The next phase may demand broader risk-taking and new categories.
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A weaker rupee and tougher job markets are reshaping the economics of foreign education With the rupee at ₹96/$ and education loans at 12%, the cost-to-salary math of studying abroad is under stress. Rising fees, tight visas and weak job markets are stretching repayment timelines.
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