Coming Soon! UPI-Based ATMs

The transition to UPI-based ATMs will be gradual, and consumers will not immediately switch to using standalone UPI ATMs overnight. India’s automated teller machine (ATM) network may soon see an upgrade as it introduces a new feature to existing ATMs, allowing them to dispense cash through Unified Payments Interface (UPI)-based quick response (QR) codes. In September, the National Payments Corporation […]

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Electric cars could save drivers more than £11,500

Drivers could save over £11,500 on average in running costs by 2035 if they purchase an electric car, according to new research. A study by Auto Trader has revealed that electric vehicle drivers who mainly charge at home can typically save as much as £142 per 1000 miles compared to running a petrol or diesel car. As the average UK […]

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Metro Bank secures £925million rescue deal – what this means for your money

Metro Bank has secured a multi-million-pound rescue deal to shore up its balance sheet following days of intense speculation last week.  In a statement released on Sunday, the challenger bank said it had secured £325million capital raise, comprising £150million of new equity and £175million of new minimum requirement for own funds and eligible liabilities, known as MREL, issuance. It also […]

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Tax tweaks send foreign mutual funds into a 5-month outflow eclipse

Following alterations in the tax structure, mutual fund (MF) schemes that invest in overseas securities have experienced a sharp decline in inflows. In the first five months of 2023-24 (FY24), international MF schemes have received an average monthly gross inflow of only Rs 270 crore, compared to Rs 490 crore during the same period in the previous year. This decline […]

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FSIS Warns Against RTE Ham Products, Stuffed Pepper Soup With Meatballs

The U.S. Department of Agriculture’s Food Safety and Inspection Service or FSIS has issued warnings against certain ready-to-eat or RTE ham products as well as RTE stuffed pepper soup with meatballs. A public health alert has been given against Manteca, Califorina-based Sunnyvalley Smoked Meats’ ham products under Costco’s in-house brand Kirkland Signature citing possible contamination with Listeria monocytogenes. Further, the […]

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