India’s top fintech companies—PhonePe, Paytm, and Cred—have stopped offering the option to pay rent using credit cards. This step was taken after the Reserve Bank of India (RBI) issued new rules on September 15, 2025. What Do the New RBI Rules Say? RBI has introduced stricter rules for Payment Aggregators (PA) and Payment Gateways (PG). … Read more
The National Payments Corporation of India (NPCI) has made a major update to UPI payments. From September 15, the daily transaction limit for person-to-merchant (P2M) payments has been increased to ₹10 lakh. This change is meant to make large payments easier and more secure in important sectors. However, the limit for person-to-person (P2P) payments will … Read more
Groww Mutual Fund has introduced a Multi Asset Allocation Fund, an open-ended scheme that invests across different asset classes. These include shares, debt, commodities, gold, and silver. In recent years, interest in such funds has grown because they adjust investments across assets depending on market conditions. This reduces the risk—if one asset falls, the overall … Read more
A new player has stepped into the mutual fund market — The Wealth Company Mutual Fund, part of the Pantomath Group. The company has launched its first scheme called The Wealth Flexi Cap Fund. This New Fund Offer (NFO) will open on 24 September and close on 8 October. The scheme is designed to capture … Read more
Imagine going to the office early in the morning, only to be scolded by your boss in front of everyone. You might think, “I wish I had started my own business and didn’t have to deal with daily nagging. ” Starting a business can be simple, but it’s important to know which business can earn … Read more
The GST Council has announced a reduction in tax rates on consumer products such as ACs, refrigerators and small cars. These new rates will be effective from September 22. The government believes this will provide relief to customers and boost consumption during the festive season. However, experts say the real benefit will be seen only … Read more
SBI Mutual Fund has introduced a new Fund of Funds (FoF) called SBI Dynamic Asset Allocation Active FoF. This scheme allows investors to invest in multiple funds at the same time, including both equity and debt. The allocation between equity and debt will keep changing automatically as per market conditions, helping investors maintain a better … Read more
When we look at the legacy of India’s famous and large business groups, we often feel it would be great to be a part of them. Now, you actually can. Baroda BNP Paribas Mutual Fund has launched a new scheme called Baroda BNP Paribas Business Conglomerates Fund, which focuses on a diversified portfolio. Investors can … Read more
Starting a business is not an easy task. It requires effort, planning, and resources. Many people hesitate to begin their own business because they don’t have the right idea. If you are also struggling with this problem, here are three business ideas that can give you good profits if done with dedication. The top 3 … Read more
Lucknow Today News: Union Mutual Fund has launched a new scheme called Union Diversified Equity All Cap Active Fund of Funds (FoF).This fund is designed for investors who want to invest across large-cap, mid-cap, and small-cap companies through a single fund. The fund will follow a dynamic allocation strategy, which means investors’ money will be … Read more
Investing in Mutual Funds will now become easier in India. The Department of Posts (DoP) and the Association of Mutual Funds in India (AMFI) signed a historic agreement (MoU) in Mumbai on 22 August 2025. This agreement will remain valid for three years (22 August 2025 – 21 August 2028). It also includes strict rules … Read more