The festive season often brings higher spending on shopping, travel and household expenses, with banks and digital payment platforms offering cashback and rewards. However, the actual savings depend on eligibility criteria, spending thresholds, fees and redemption conditions. Amazon Pay has listed offers across shopping, travel and digital payments during the Amazon Great Indian Festival. Separately,…
Gold and silver prices declined in domestic futures trade on Friday, October 23, amid weaker spot demand and selling pressure. Rising crude oil prices and concerns that US interest rates could remain elevated for longer are adding to the pressure on precious metals. On the Multi Commodity Exchange (MCX), silver futures for December delivery fell…
The Employees’ Provident Fund Organisation (EPFO) has clarified how long members continue to earn interest on their Employees’ Provident Fund (EPF) savings after retirement, depending on their age when they retire. In a post on X, EPFO said members who retire before the age of 55 continue to earn interest on their EPF balance until…
A family floater health insurance policy allows multiple family members to share a single sum insured. While this can be suitable for younger families with similar healthcare needs, families with ageing parents, existing medical conditions or a higher likelihood of multiple hospitalisations may need to assess whether separate policies offer more appropriate protection. The key…
Buying gold or diamond jewellery involves more than checking the price and the purity of the metal. A BIS hallmark confirms the purity of the gold, but it does not certify the quality or authenticity of every diamond, gemstone or other component set in a piece. Understanding this distinction can help consumers make informed choices…
Cashless health insurance allows an insurer to settle eligible hospitalisation expenses directly with a network hospital, reducing the need for policyholders to arrange the entire bill upfront. However, patients may still have to pay some expenses themselves, depending on the policy terms, claim approval and the final hospital bill. The distinction is between the mode…
Bajaj Life Insurance has launched its first product through GIFT City, joining insurers offering life insurance policies linked to international investments and denominated in foreign currencies. The product, Bajaj Life Global Wealth Builder, allows policyholders to pay premiums and receive benefits in US dollars, with investment options spanning global equities, emerging markets, gold, liquid funds…
Gold and silver prices extended their decline in global markets on Friday, October 23, as elevated crude oil prices and concerns over inflation weighed on precious metals. COMEX gold futures fell 0.86% to $4,025.40 per ounce, while COMEX silver futures declined 1.65% to $54.10 per ounce, according to the latest available data. Gold was trading…
Indian Bank has raised interest rates on two special fixed deposit schemes, offering 6.80% a year on its 555-day deposit and 6.75% on its 777-day deposit from October 23, 2026. The rate on the 555-day Ind Grow deposit has increased from 6.65% to 6.80%, while the rate on the 777-day Ind Prosper deposit has risen…
Fixed deposit (FD) interest rates in October 2026 vary across banks and deposit tenures. According to Paisabazaar data on October 21, Bank of India offers the highest maximum interest rate among the 10 major banks compared in this article, at 6.85% per annum on a 999-day deposit. Bank of Baroda offers a maximum rate of…
