Finance – THE ECONOMIC INDIA

30 Apr

Why Gen Z Is Choosing EMIs Over Savings: The Psychology Behind Personal Loans

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The Shift from Saving to Spending New Delhi [India], April 30: Financial wisdom in India had been based on one principle: save now, spend later, and this was true for decades. Nevertheless, this conventional way of thinking is experiencing a major change. The younger generation today is more and more focused on access and experience rather than the accumulation of wealth in the long term. Many would rather buy it now and pay it off in the long run in Equated Monthly Installments (EMIs) instead of waiting years to afford something. The change is not only a matter of convenience, but it…

30 Apr

FundedFirm: Building Global Trust While Delivering Over 20 Million in Trader Payouts

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New Delhi [India], April 29: In a trading world often clouded by skepticism, few names have managed to build genuine trust while scaling globally. FundedFirm is one of those rare cases. What began as a modest proprietary trading platform has steadily evolved into a widely recognized prop firm, known not just for its structure but for its consistent payouts and trader-first approach. At the center of its growth story lies a simple but powerful figure. FundedFirm has paid out over 20 million dollars to traders across the globe. That number is not a marketing slogan. It reflects thousands of individual…

28 Apr

How To Calculate Used Car Loan Emi Using Interest Rates And Tenure Inputs

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New Delhi [India], April 28: Buying a used car with a loan is straightforward enough. Calculating your monthly payment before you sign the dotted line? That part trips people up more than it should. The math isn’t complicated once you understand what goes into it, but most borrowers walk into a dealership or bank without running the numbers first. That’s a mistake you can avoid in about five minutes. The Three Inputs That Determine Your EMI EMI stands for Equated Monthly Instalment. It’s the fixed amount you pay every month until the loan is fully repaid. Three variables control how…

27 Apr

GST Registration & GST Filing: One Platform. One Expert Team. Zero GST Stress. Trusted by 60,000+ Businesses Across India

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One Platform. One Expert Team. Zero GST Stress. Trusted by 60,000+ Businesses Across India New Delhi [India], April 27: When GST was introduced, businesses expected simplicity. The reality has been different. Getting a GSTIN is just the beginning — what follows is a continuous cycle of monthly returns, GSTR-1, GSTR-3B, Input Tax Credit reconciliation, late-filing penalties, and departmental notices. That is exactly why over 60,000 clients — from solo traders in Haridwar to fast-growing startups in Hyderabad — have trusted LegalDev.in to manage their complete GST lifecycle. One team, one platform, every GST need covered. GST Registration — The Right Start…

22 Apr

Everything You Need to Know About Bike Insurance in India

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New Delhi [India], April 22: For many bike owners, insurance is something they notice at purchase or renewal and then set aside. Yet, a two-wheeler policy has an important role. It supports legal compliance, helps manage financial exposure, and can make the repair process easier to handle when an insured event occurs. Hence, knowing what bike insurance is and how it works can be crucial before choosing a plan. In India, third-party motor insurance is required for a vehicle used on public roads. Third-party insurance refers to coverage for legal liability arising from injury, death, or property damage caused to another person…

22 Apr

John Ternus Takes Over Apple: How much does a CEO get

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Cupertino (California), April 22: As of now, Apple has not disclosed Ternus’s CEO pay package. There are no official figures attached to his promotion, no proxy filings detailing salary, bonus, or stock awards. What exists instead is a framework. Cook’s compensation has long been anchored in equity—large stock grants tied to performance and vesting schedules that stretch across years. His reported annual pay, often exceeding $70 million, reflects not just salary or bonus, but the release of stock accumulated over time. Ternus enters before that accumulation begins. In his current role as Senior Vice President of Hardware Engineering, his compensation…

20 Apr

Third-Party Car Insurance: Why This Mandatory Cover is Worth Understanding

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Mumbai (Maharashtra) [India], April 20: Third-party car insurance is the basic legal cover every car owner needs to drive on public roads in India. It is meant to protect you when your vehicle causes injury, death, or property damage to another person. The issue is that many car owners buy this policy only because it is compulsory and never fully understand what it actually covers. That confusion can lead to poor insurance choices and false expectations at the time of need. In this article, you will explore what third party car insurance is, why it is mandatory, what it covers, and what…

17 Apr

CARE Keeps Fusion Finance Rating at ‘A’ Amid Asset Quality Improvement

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New Delhi [India], April 17: CARE Ratings has reaffirmed its ‘CARE A’ (Stable) rating for Fusion Finance Limited’s debt instruments, supported by a sequential improvement in asset quality. The rating action covers ₹150 crore of non-convertible debentures and ₹1,500 crore of long-term bank facilities, both retained at ‘CARE A’ (Stable), reflecting stable operational and financial performance alongside strengthening asset quality. The stable outlook factors in sequential improvement in Fusion’s asset quality, collection efficiency and profitability. CARE also took note of Fusion’s capital raise of ₹800 crore that was completed in Q3FY26, supporting its capital profile and providing cushion for growth. ‘CARE A’ rating…

14 Mar

Choosing a Health Insurer You Can Trust in 2026: 9 Real-World Checks (Hospitals, Cashless, Support)

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Mumbai (Maharashtra) [India], March 14: Buying health insurance is not only about comparing premiums or picking a plan that looks popular online. What matters more is whether the insurer feels dependable when you need hospital care, cashless approval, policy clarity, and support during a stressful moment. If you want to choose health insurance with greater confidence in 2026, look beyond advertisements and focus on checks that reflect real policy experience. The points below can help you assess an insurer in a more informed and careful way. Check The Hospital Network Properly A wide hospital network can look attractive on paper, but the…

11 Feb

A 2,124-Year Insurance Policy Triggers RBI Action, and the Launch of NYVO

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New Delhi [India], February 10: A nationalised bank in Maharashtra sold a life insurance policy to a 90-year-old man. The annual premium was ₹2 lakh. The maturity date of the policy was the year 2124. This was not a hypothetical case or an isolated error, it happened. The Reserve Bank of India has since taken note. In its February 2026 policy statement, the RBI proposed comprehensive guidelines to curb mis-selling by banks, including mandatory suitability assessments and stronger accountability for staff. The issue has grown too large to ignore. But regulation alone will not fix it. What families truly need…