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Finance

Instamart’s record‑breaking spender: 22 iPhone 17s, gold coins and eggs worth over ₹22 lakh
Posted inConsumer behavior E‑commerce Finance

Instamart’s record‑breaking spender: 22 iPhone 17s, gold coins and eggs worth over ₹22 lakh

Instamart has just revealed a startling purchase that has set a new benchmark for high‑value online shopping in India. A single customer ordered 22 units of the newly launched iPhone…
Posted by Rumorrush December 22, 2025
BRICS Turns to Gold: A New Era Beyond the Dollar
Posted inEconomics Finance Geopolitics

BRICS Turns to Gold: A New Era Beyond the Dollar

BRICS nations are reshaping the global financial landscape by moving away from the U.S. dollar and embracing gold as a core reserve asset. With the bloc now controlling roughly half…
Posted by Rumorrush December 22, 2025
UAE’s ambitious push into digital finance
Posted inEconomy Finance India Economy

UAE’s ambitious push into digital finance

IntroductionThe United Arab Emirates is rapidly positioning itself as a global hub for digital finance, leveraging its strategic location, sovereign wealth, and forward‑looking regulatory agenda. From the launch of a…
Posted by Rumorrush December 20, 2025
RBI’s new minimum‑balance mandate: what it means for Indian bank account holders
Posted inBanking Finance India

RBI’s new minimum‑balance mandate: what it means for Indian bank account holders

IntroductionThe Reserve Bank of India (RBI) has rolled out a fresh set of minimum‑balance requirements for all bank accounts, slated to take effect on December 10, 2025. The move, announced…
Posted by Rumorrush December 20, 2025
Marshall Islands pioneers crypto‑backed universal basic income
Posted inEconomics Finance Technology

Marshall Islands pioneers crypto‑backed universal basic income

In a bold experiment that could reshape social welfare worldwide, the Republic of the Marshall Islands has launched the first ever universal basic income (UBI) program paid entirely in cryptocurrency.…
Posted by Rumorrush December 19, 2025
RBI clarifies Gandhi’s portrait will not appear on Indian currency notes
Posted inCurrency Economy Finance

RBI clarifies Gandhi’s portrait will not appear on Indian currency notes

IntroductionA wave of speculation has recently swept across social media and news portals, suggesting that the Reserve Bank of India (RBI) might replace Mahatma Gandhi’s iconic portrait on Indian banknotes…
Posted by Rumorrush December 19, 2025
Gold and Silver Imports Plunge: What It Means for Prices in 2025
Posted inBusiness Commodities Finance

Gold and Silver Imports Plunge: What It Means for Prices in 2025

India’s gold imports fell 17% and silver imports slumped 33% in the last fiscal year, sparking a heated debate among analysts about the future trajectory of precious‑metal prices. The decline…
Posted by Rumorrush December 18, 2025
Gold poised to breach ₹1.9 lakh per 10 gm: Insights from WGC chief
Posted inCommodities Finance Gold Market

Gold poised to breach ₹1.9 lakh per 10 gm: Insights from WGC chief

India’s gold market is on the brink of a historic milestone. Recent statements from the World Gold Council (WGC) chief suggest that the price of 10 grams of 24‑carat gold could…
Posted by Rumorrush December 18, 2025
Amazon Pay introduces biometric UPI payments: fingerprint and face authentication replace PIN
Posted inFinance Payments Technology

Amazon Pay introduces biometric UPI payments: fingerprint and face authentication replace PIN

IntroductionIndia’s digital payment ecosystem is on the brink of a major shift as the long‑standing requirement of entering a UPI PIN is set to disappear. Leading the change, Amazon Pay…
Posted by Rumorrush December 18, 2025
IRDAI fines Care Health Insurance Rs 1 crore for claim settlement lapses
Posted inFinance Health Care Insurance

IRDAI fines Care Health Insurance Rs 1 crore for claim settlement lapses

In a landmark enforcement action, the Insurance Regulatory and Development Authority of India (IRDAI) has slapped a Rs 1 crore penalty on Care Health Insurance for repeatedly failing to settle health‑insurance…
Posted by Rumorrush December 18, 2025

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