Page 297 - Personal Finance
Cash still king? Rs 1.4 cr is monthly average ATM cash withdrawals in FY24
In terms of absolute withdrawals per ATM, Karnataka saw the highest annual average withdrawal of Rs 1.83 crore during FY24, followed by Delhi at Rs 1.82 crore
 "Cash still king? Rs 1.4 cr is monthly average ATM cash withdrawals in FY24")
India's craze for 'chai destinations' surges before International Tea Day
Popular Indian tea destinations, Ooty, Palampur, and Chikmagalur, outpace Darjeeling and Munnar in web searches
 "India's craze for 'chai destinations' surges before International Tea Day")
Every Rs 1,000 lost to fraud in India costs firms Rs 4,000: LexisNexis
Fraud has increased for 54% of Indian organisations year-on-year, according to LexisNexis True Cost of Fraud Study - Asia Pacific
 "Every Rs 1,000 lost to fraud in India costs firms Rs 4,000: LexisNexis")
May 1 will be a bank holiday: Full list of bank holidays in May 2024
According to the Reserve Bank of India (RBI) holiday list, on May 1, 2024, bank operations will remain suspended in major cities due to May Day
 "May 1 will be a bank holiday: Full list of bank holidays in May 2024")
Only 11% women investors have portfolio size upwards of Rs 5 lakh: survey
The top five states from where women traders come are Maharashtra (22.38%), Andhra Pradesh (10.68%), Karnataka (7.65%), Uttar Pradesh (6.43%) and Kerala (5.78%).
 "Only 11% women investors have portfolio size upwards of Rs 5 lakh: survey")
Ayodhya to Ujjain: Indians prefer spiritual trips over family, solo travel
There is a notable interest in spiritual journeys within tier-2 and tier-3 cities, with searches for destinations with or around religious spots growing 97% in the last two years
 "Ayodhya to Ujjain: Indians prefer spiritual trips over family, solo travel")
Paying utility bills with credit card to become less attractive from 1 May
From May 1, 2024, Yes Bank and IDFC FIRST Bank credit card customers will have to pay a higher amount as fees for paying utility bills
 "Paying utility bills with credit card to become less attractive from 1 May")
2,000 ghost customers: How a Rs 150 cr loan fraud unfolded in Mizoram
Mizoram DGP Anil Shukla said the scam, involving five local car dealers, operated over four years
 "2,000 ghost customers: How a Rs 150 cr loan fraud unfolded in Mizoram")
Cheaper air fares? New DGCA guideline to make flying more affordable
The new DGCA guidelines require airlines to offer these services as "opt-in" options. This means the base fare will not automatically include these charges, and passengers can choose to add them on on
 "Cheaper air fares? New DGCA guideline to make flying more affordable")
How much tax do you have pay on earnings from online gaming, TV shows?
Participants of shows like KBC or players of Dream11 should note that their winnings are taxable
 "How much tax do you have pay on earnings from online gaming, TV shows?")
Over 5.2 mn medical malpractice cases filed in India annually, shows data
A study from the Indian Journal of Medical Ethics reveals that only 46% of healthcare providers comply with ethical guidelines
 "Over 5.2 mn medical malpractice cases filed in India annually, shows data")
Door opens for senior citizens to get health insurance: What they should do
Seniors must strike a balance between premium and co-pay; too low a premium could mean high co-pay, which would pinch at the time of claim settlement
 "Door opens for senior citizens to get health insurance: What they should do")
Disburse pensions using DBT, doorstep delivery during MCC: EC to Andhra
Ruling YSRCP and the opposition NDA alliance of TDP, BJP and Janasena traded allegations over alleged hardships faced by beneficiaries while receiving pensions in April
 "Disburse pensions using DBT, doorstep delivery during MCC: EC to Andhra")
Innovation funds: High-risk bets that are apt for seasoned investors
Failure rates among innovators tend to be high; concentrated portfolios make these funds volatile
 "Innovation funds: High-risk bets that are apt for seasoned investors")
Nifty estimated to reach 25,810 by December 2024: Where should you invest?
Continuation of NDA Govt and La Nina led normal monsoons are expected to provide stability in policies and boost demand\ economic growth.
 "Nifty estimated to reach 25,810 by December 2024: Where should you invest?")
Tier 2, 3 cities see 30% rise in demand for jobs in BFSI sector, shows data
The heightened demand is particularly noticeable in areas such as insurance, housing, NBFCs, and retail banking," according to TeamLease Services
 "Tier 2, 3 cities see 30% rise in demand for jobs in BFSI sector, shows data")
Should you invest in Edelweiss MF Nifty Alpha Low Volatility 30 Index Fund?
This multi-factor index fund comprises 30 stocks chosen from the top 150 listed stocks
Planning a job switch? Have a look at financial planning before you do
When you resign from your current job, your employer will provide you with a full and final settlement
 "Planning a job switch? Have a look at financial planning before you do")
Travellers book long-term insurance as Schengen visa rules come into play
Travellers have shown a remarkable interest in selecting appropriate add-ons for their travel insurance. Riders covering baggage or belongings loss, trip cancellation, adventure sports coverage
 "Travellers book long-term insurance as Schengen visa rules come into play")
Venice imposes world's first tourist entry fee: All you need to know
Venice is overwhelmed by tourists - around 30 million arrive each year, dwarfing the less-than 50,000 residents
 "Venice imposes world's first tourist entry fee: All you need to know")