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CASH WITHDRAWAL
ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...- Rs 1.50 lakh/month income from Rs 1.5 crore corpus? Easy retirement strategies explainedRetiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withd...
- Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...
- Retired with 100 stocks and Rs 60,000 SIPs? Expert explains how to simplify your portfolio and plan withdrawalsRetirees face a new challenge: managing wealth after decades of building it. Experts advise simplifying complex portfolios, especially thos...
- We still need cash in ATManirbhar BharatDespite the rise of digital payments, cash remains essential, yet ATMs are increasingly running out of money. Banks are reducing their ATM ...
- ATMs in small hubs may run out of cash: Confederation of ATM IndustryATM operators are demanding ₹100 crore compensation from banks. State Bank of India is accused of sending most cash to big cities. This lea...
- Bitcoin Price today: BTC trades over $61,000-mark after Cryptocurrency fell to historic low. Are gold, AI stocks to be blamed for world's largest crypto crash?Bitcoin BTC Price: Cryptocurrency saw its peak after becoming market favourite since the re-election of US President Donald Trump.
- The rupee warning: Six actions for business leadersThe Indian rupee is dipping to historic lows, approaching the 100-dollar threshold. Driven by market sentiment and a perilous cycle of fore...
- Can a ₹1 crore NPS corpus generate more than ₹1 lakh per month? What the new RIS framework offersRetirees now have a new way to manage their National Pension System (NPS) corpus, offering flexibility and potential for growth. The Retire...
- Planning early retirement at 50 with a Rs 12.5 crore corpus? Expert explains how to generate Rs 2 lakh monthly incomeAn investor planning early retirement at 50 with a Rs 12.5 crore corpus seeks expert advice on generating Rs 2 lakh monthly income. The exp...
- Mathematicians say 'don't believe hype' on AI capabilitiesMathematicians are urging caution about artificial intelligence claims. Over 150 professors signed a declaration warning governments not to...
- Post Office MIS vs mutual funds: Which is better for income-seeking investors?Post Office Monthly Income Scheme (POMIS) offers predictable, government-backed monthly income, attracting retirees and conservative invest...
- New NPS withdrawal plan: Retirement Income Scheme offers an orderly exit, but no return guaranteeThe Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Retirement Income Scheme (RIS) under NPS, allowing retiree...
- Mumbai man received tax notice over unreported income, not filing ITR; ITAT rules in his favour on TDS benefit, tax demand reducedManoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based on information available through t...
- Bank holiday for Bakri ID (Id-Uz-Zuha): Are banks open or closed today in your state on May 28, 2026?Bank holiday today: Banks in several Indian states are closed today, May 28, 2026, in observance of Bakri ID (Id-Uz-Zuha). While branch ser...
- US imposes sanctions on Iranian agency trying to control shipping in the Strait of HormuzThe Trump administration imposed new sanctions on Iran's newly formed agency controlling shipping through the Strait of Hormuz. This econom...
- Bakri-Eid Bank Holiday Today: Are banks closed or open in your state for Eid-UI-Adha/Id-ul-Zuha) on May 27, 2026?Bank holiday today: Banks across numerous Indian states will be closed today, Wednesday, May 27, 2026, for the Eid-ul-Adha festival. This h...
- PAN rules 2026: 8 transactions where PAN is no longer needed and cases where it’s mandatory
- Global Market: Equity funds see first weekly outflow in nine weeks amid yield surgeGlobal equity funds recorded their first weekly outflow in nine weeks as rising inflation concerns and surging borrowing costs dented inves...
- New PAN norms 2026: Where quoting is relaxed and where it’s now mandatoryNew Income Tax Rules, 2026 have relaxed PAN quoting for several transactions, including cash deposits and debit card applications. However,...
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