RBI Directs Banks to Ensure ₹100, ₹200 Notes Availability in ATMs
The Reserve Bank of India (RBI) has instructed all banks and white-label ATM operators to ensure wider availability of ₹100 and ₹200 denomination notes through their ATMs. In a recent circular, the RBI mandated that by September 30, 2025, 75% of all ATMs must be configured to dispense either ₹100 or ₹200 notes from at […]
Pune Builders Owe ₹219 Crore to Homebuyers: Maharashtra Appoints 12 Officers for Faster MahaRERA Recoveries
Pune lIn a major step to address delays in recovering dues owed to homebuyers, the Maharashtra government has appointed 12 dedicated recovery officers to speed up the execution of recovery warrants issued by the Maharashtra Real Estate Regulatory Authority (MahaRERA). As of April 27, 2025, MahaRERA had issued 1,342 recovery warrants across the state. However, […]
RBI Allows Minors Aged 10 and Above to Operate Bank Accounts Independently
In a major update, the Reserve Bank of India (RBI) has allowed minors aged 10 years and above to independently open and manage their own bank accounts without the need for a guardian. This rule is applicable to all commercial and cooperative banks, including primary urban cooperative banks, state cooperative banks, and district central cooperative […]
How Much Cash Can You Keep at Home Without Breaking the Law?
In light of recent high-profile cases and Income Tax raids, many people are asking a simple yet important question—is it legal to keep large sums of cash at home? The answer might surprise you: Yes, it is legal. There’s no official cap set by Indian law on how much cash a person can store at […]
Robert Kiyosaki Warns of Global Recession, Advises Indians to Look Beyond Stocks
Famous financial expert and author of Rich Dad Poor Dad, Robert Kiyosaki, has once again raised concerns about the global economy. In a recent post on social media, Kiyosaki declared that the world is already in a recession, and urged people to act smart with their money—before it’s too late. “Don’t Rely Only on Wall […]
Will Gold Prices Crash to ₹55,000? Morningstar Predicts 40% Fall Despite Record Highs
Even as gold prices soar to record levels, crossing ₹90,000 per 10 grams in India and $3,100 per ounce globally, a stark warning from investment research firm Morningstar has caught the attention of investors. The firm has forecasted a potential 40% decline in global gold prices, which could drag Indian rates down to around ₹55,000 […]
Maharashtra Offers 15% Tax Rebate for Voluntary Vehicle Scrapping
Mumbai | In a significant move to promote cleaner mobility and responsible vehicle disposal, the Maharashtra state cabinet has approved a 15% tax concession for vehicle owners who voluntarily scrap their old vehicles and purchase a new one of the same type. The decision was made during a cabinet meeting chaired by Deputy Chief Minister […]
Gudi Padwa 2025 Sparks Optimism in Mumbai’s Real Estate Market
Mumbai | As Mumbai’s real estate market continues to ride a strong growth wave, Gudi Padwa 2025—celebrated on March 30—has once again proven to be more than just a cultural milestone. For buyers, investors, and developers, the festival is emerging as a strategic trigger for property transactions and investment-led decisions. Gudi Padwa: Cultural Symbolism Meets […]
Pune’s Real Estate Market Holds Steady in February 2025, Shows Strong Demand for Premium Homes
Pune l The real estate market in Pune has maintained stability, recording 19,012 property registrations in February 2025, reflecting a modest 1% year-on-year (YoY) increase from 18,791 registrations in the same period last year. This data, sourced from the Maharashtra Inspector General of Registration (IGR), signals sustained buyer interest despite economic fluctuations. Increase in Stamp […]
Income Tax Bill 2025: Government’s Power to ‘Override’ Online Access Codes Raises Privacy & Compliance Concerns
New Delhi | The proposed Income Tax Bill 2025 introduces new provisions empowering tax authorities to override online access controls, allowing them to bypass passwords and encryption during search and seizure operations. While officials claim these changes aim to modernize tax enforcement, they have triggered privacy concerns among digital rights advocates and financial experts. What’s […]