Now, transact round-the-clock: NEFT timings to change

THE ECONOMIC TIMES Wed, Aug 07, 2019 | 05:22 PM IST Slideshows Newsletter

Now, transact round-the-clock: NEFT timings to change The RBI has decided to allow round-the-clock fund transfers through NEFT from December this year in order to promote digital transactions. Five new rights you get as a consumer With the passage of the Consumer Protection Bill in the Rajya Sabha on Tuesday, consumer rights are set to receive a massive boost. The new regulations put more responsibility on companies for misleading advertising and faulty products. In a global first, it also lays out penalties for celebrities endorsing or promoting false advertising and adulterated goods. Sushma Swaraj: A fiery leader and a mother figure Senior BJP leader Sushma Swaraj passed away on Tuesday evening after a heart attack. She was 67. Swaraj served as External Affairs Minister in the first Narendra Modi government. Singaporeans create messy art to de-stress Singaporeans dressed in overalls squirted paint onto walls and canvases using water pistols and syringes at a new pop-up art studio where people get messy to relieve stress. China beach fans never skip their inflatable ring At one of China's most popular seaside resorts, a brightly coloured inflatable ring is an essential item for a day on the beach. Toni Morrison: A 'literary mother' to countless budding writers When author Angela Flournoy was asked to dress as her favorite literary character for a magazine shoot four years ago, she knew how to look the part: a wide and severe hat, a fur stole and the kind of stare that dares you to stare back. Egypt starts restoring Tutankhamun's gilded coffin Egypt displayed on Sunday the gilded coffin of Tutankhamun, under restoration for the first time since the boy king's tomb was discovered in 1922. Canadian iceberg hunter on the trail of white gold Every morning at dawn, a Canadian fisherman sails out with three other crew members to hunt what has become his own personal white gold: icebergs. For more than 20 years, he has hauled in the mighty ice giants and then sold the water for a handsome profit to local companies, which then bottle it, mix it into booze or use it to make cosmetics. Two-wheelers are now on SoftBank's investment radar in India After dominating investments in the ride-hailing space globally with bets on market leaders Uber, Grab, Didi Chuxing and Ola, SoftBank has made inroads into upcoming segments like rentals, autonomous driving and even asset management firms globally, a trend that could also play out in the India market. How to ensure a steady income after retirement with mutual funds Many retirees fell in love with aggressive hybrid schemes or balanced schemes as they were called then. Many advisors pushed these schemes to secure a regular income based on their enviable dividend paying track record. However, these schemes proved to be a wrong choice. In fact, equity schemes are not suitable to draw regular income because equity can be volatile from time to time.

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