WHAT IS ACCOUNTANT
Sebi tweaks rules for Basic Service Demat Account. Check eligibility, charges
Sebi has introduced new rules for Basic Service Demat Accounts (BSDA). To be eligible, individuals must have only one demat account where they are the primary holder and only one BSDA across all depositories.
Fraudsters force 72-year-old into 13-hour WhatsApp video call; steal Rs 83 lakh from her bank accounts
Dasgupta called back to resolve the issue, only to find herself speaking to someone claiming to be a Mumbai Police officer. "He fabricated a case against me, even providing a fake FIR number and a warrant supposedly issued by the 'CBI' in a 'Mumbai court'," Dasgupta told TOI.
Hunt on for mule bank accounts; Tata Digital pause on funding
The government is working with the central bank to catch mule accounts in India’s banking system and prevent fraud. This and more in today’s ETtech Morning Dispatch.
Snapchat announces safety measures for teenagers. What does this mean?
Snapchat has announced a number of safety features to safeguard teenagers and allay apprehensions from a number of sides.
Route Mobile enables WhatsApp ticketing for Nagpur, Hyderabad, Pune metro services
Route Mobile has partnered with Billeasy E Solutions to offer WhatsApp-based metro rail ticketing services in Nagpur, Hyderabad, and Pune, expanding to four Indian cities including Delhi. Users can chat with the metro's WhatsApp account, select stations, purchase tickets, and receive QR codes. Route Mobile's shares rose 13.59% to Rs 1,737 on the BSE.
This bank revises savings account interest rates; now earn up to 7.75% interest rate
Unity Small Finance Bank Limited (Unity Bank) has raised the interest rate slabs on savings accounts, according to the bank press release dated June 24, 2024. The bank offers highest interest rate of 7.75% on savings account.
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Meta AI assistant rolls out with text, and image features
Meta has launched Meta AI across WhatsApp, Facebook, and Instagram, offering text and image generation capabilities. Ryan Cairns, VP of Engineering at Meta, highlighted the advantages of Meta AI over competitors like Gemini, ChatGPT, and Copilot.
Recurring deposit (RD) premature withdrawal: Eligibility, interest rate, other rules explained
Post office RD scheme: You might have invested money in a post office RD scheme, however due to any financial need or trouble you may wish to prematurely break it. This is because a post office RD scheme has a tenure of five years from the date of opening. Read here to know more about post office RD scheme.
WhatsApp business calling service won't disrupt traditional toll-free channels: Experts
WhatsApp's recent introduction of calling features for businesses is not expected to significantly impact traditional telecom voice calling. Experts in the communications sector believe it will focus on "contextual calling" rather than disrupting toll-free customer service lines used by large enterprises.
Demat account for minors: How to open with Zerodha, other brokers? Check documents required, other details
Teaching minors about stock markets, demat accounts, and investment strategies is crucial for financial discipline and smart money management.
Reasi Terror Attack: What happened? Deaths, terrorist group, police action, survivor's account
A bus carrying pilgrims from Uttar Pradesh and Delhi plunged into a deep gorge after an ambush by terrorists in Jammu and Kashmir's Reasi district on Sunday evening. The terrorists opened fire at the bus when it was en route from Shiv Khori temple to Mata Vaishno Devi shrine at Katra near Teryath village in the Poni area. The bus, a 53-seater, veered off the road and plunged into the deep gorge following the gunfire at around 6:15 pm, an hour before Narendra Modi took oath as Prime Minister in Delhi.
FD rate up to 8.75%, savings account rate of 7.75%: RBL Bank revises savings, FD interest rates
RBL Bank has revised the interest rates of fixed deposits for amounts below Rs 2 crore. The revised FD interest rates are effective from June 8, 2024. The bank has also revised savings account interest rates, and the new rates are effective July 1, 2024.
RFC account for NRIs: What is it, eligibility, how to open and more
For non-resident Indians (NRIs) planning to return to India, managing foreign earnings and assets efficiently is crucial. One effective way to do this is by opening a Resident Foreign Currency (RFC) account.
CIBIL or credit score drop can cost you Rs 19 lakh more on a Rs 50 lakh home loan; 4 ways to avoid it
Many social media users are reporting sudden credit score dips. Erroneous transactions, lender misreporting, and late credit card or BNPL payments, over-utilisation of credit limits are some culprits. If you have a poor credit score or CIBIL score, you'll have pay to a few lakhs extra for any big-ticket loan such as a home loan. It pays to be aware of why credit scores drop suddenly and how it can impact your life. ET Wealth Online speaks to various experts to decode how to maintain a healthy credit score or CIBIL score.
SMS makes a strong comeback as global firms shift away from WhatsApp
Global tech firms like Amazon, Google, and Microsoft have returned to using SMS OTPs in India after Meta's WhatsApp changed pricing and norms for international authentication messages. This has led to a 50-70% increase in monthly international SMS volume for telecom operators in India since March.
Meta's WhatsApp launches new AI tools for businesses
Meta launches first AI-driven ad targeting program on WhatsApp to boost revenue. CEO Mark Zuckerberg unveils tools for businesses at a Brazil conference, shifting WhatsApp's stance on targeted advertising and enhancing customer engagement.
What’s fueling the shift in Indian investor behaviour?
India added $1 trillion to the stock market in less than six months, reaching a $5 trillion market cap. Retail investors, with a surge in Demat accounts, play a key role in enhancing market stability and resilience.
NHCX, a single portal for all health insurance claims soon: what is the claims process, benefits to policyholders
The digital platform, to be launched in 2-3 months, will speed up and standardise claim settlement process, leading to cost benefits for the insured.
Threat of bad advice: A more crucial aspect of financial literacy is not just what to do with money, but also what not to do with it
The real pitfalls arise when bad financial products are marketed as good ones, and investors fail to recognise the deceit. If you are saving and investing, encountering such schemes is inevitable; it’s not an exception, but certainty. Thus, a more crucial aspect of financial literacy is not just what to do with money, but also what not to do with it.
Pune brothers duped of over Rs 2 crore via WhatsApp in an online trading scam: Report
A 53-year-old man from Pune and his brother fell victim to an online trading scam, resulting in a loss of Rs 2.45 crore. The scam initiated through the instant messaging platform WhatsApp, where the victims were enticed with promises of substantial profits from online trading.
Tata Mutual Fund warns investors of fake social media accounts
Tata Mutual Fund has issued a public caution notice to alert its investors, distributors, brokers, investment advisors, partners, and the public about fraudulent activities on social media platforms. The notice highlights the presence of fake websites, mobile applications, and WhatsApp groups impersonating the company or its officials.
Can't pay mutual fund SIP? Missing SIP installment attract hefty penalty; how to decide when to pause or stop SIP
Mutual fund SIP: What happens when you miss your mutual fund SIP installment due to insufficient balance? Do you have to pay a penalty if you don't have money in your bank account to pay your SIP installment? If you can't afford to continue a SIP, should you pause it or exit — how can you make that decision? ET Wealth Online spoke to several experts to find out how to decide when to pause your SIP and when to stop it.
Club Vistara points to merge with Air India Flying Returns: What frequent fliers should know about migration; last date to opt out
Vistara-Air India merger: After the much-anticipated merger between Air India and Vistara, Club Vistara will be discontinued. Here is a look at what Club Vistara members should know about the integration with Air India Flying Returns, as per the email communication.
ET Explains: What drives inward remittances?
India has been on top of the charts of remittances from its diaspora. In 2022-23 it crossed the $100billion mark to $112 billion and a record $29 billion in the December quarter alone. But will the uptrend continue? An explainer on what drives inward remittances.
Portugal is facing suspension from the Schengen Zone. Here's what you need to know if you have a trip planned
Travelers eyeing Portugal must be aware of the EU's pressure on the country to implement a new border control system by July 2024, or face suspension from the Schengen Area. Delays attributed to bureaucratic hurdles and financial constraints highlight the urgency and potential impact on tourism and travel plans.
"Just 9483 unread messages...": Sonu Sood's WhatsApp account restored after 61 hours
Actor Sonu Sood had a hard time connecting with his fans after his WhatsApp account was blocked for 61 hours. Sood re-gained access to his WhatsApp account on Sunday. "Finally retrieved my WhatsApp. Just 9483 unread messages in 61 hours. Thanks (sic)," the actor wrote in a post on X.
Demat account: From opening to transactions, here are demat account charges you must know
Opening a Demat Account online is a convenient way to invest in the stock market. But before you dive in, it's important to understand the associated charges. Here's a breakdown of the key fees to consider:
Demat type e-Insurance Account must to buy new insurance policies: 6 things to know
Starting from April 1, 2024, it is mandatory to hold insurance policies in electronic format. It is very similar to how investors hold shares in a demat account.
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