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    Applying for a US student visa? American Embassy has a warning for you

    Indian students continue to favor the United States as their top destination for overseas education, with expectations of increased student visa applications in 2024. In 2023, India issued 140,000 student visas, and the number of Indian students in the US surged by 35 percent to reach a record 268,923, constituting over 25 percent of the international student population in the country. Acting spokesperson Nicole Holler highlighted the appeal of US universities for their facilities, faculty quality, research opportunities, and career benefits.

    Explained: Expense ratio in mutual funds and how your money is spent

    In other words, it is the per-unit cost of running and managing the mutual fund. The expense ratio differs from fund house to fund house. The expense ratio is calculated as a percentage of daily investment value.

    Gold loan interest rates in June 2024: Latest gold loan interest rates of 24 banks

    A gold loan is a secured loan that allows you to leverage the value of your gold ornaments or jewelry to obtain funds. Latest gold loan interest rates offered by banks in June 2024.

    Want a new phone number? It might come at a cost as Trai mulls fee

    TRAI is considering implementing charges on smartphone and landline numbers, following a proposal to regulate numbering resources. TRAI views phone numbers as valuable public resources and suggests charging mobile operators, who may then pass on these costs to users. Potential charging methods include one-time or recurring fees per number or conducting auctions for vanity numbers. TRAI also contemplates penalties for operators holding unused numbers.

    RBI cautions micro finance lenders against usurious interest rates

    The Reserve Bank of India (RBI) has warned lenders, particularly in the microfinance sector, against charging "usurious" interest rates by exploiting the regulator's freedom. While most lenders follow guidelines on the Key Facts Statement (KFS), some continue to impose undisclosed fees and high interest rates, particularly on small-value loans provided by microfinance institutions (MFIs) and non-banking financial companies (NBFCs).

    Credit cards for international airport lounge access of HDFC Bank, Axis Bank, Yes Bank: Complimentary lounge access, other benefits

    Top airport lounge credit cards: The credit cards listed below offer considerable number of complimentary visits to international as well as domestic airport lounges, along with other travel and lifestyle benefits

    The Economic Times
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