Finance - RumorRush

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…

Rumorrush December 20, 2025

Economics 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.…

Rumorrush December 19, 2025

Currency 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…

Rumorrush December 19, 2025

Business 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…

Rumorrush December 18, 2025

Commodities 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…

Rumorrush December 18, 2025

Finance 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…

Rumorrush December 18, 2025

Finance 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…

Rumorrush December 18, 2025

Cybersecurity Finance India News

Nationwide UPI fraud crackdown sees 36,000 accounts blocked

In recent weeks, India has witnessed a massive wave of unauthorized UPI transactions that left thousands of citizens financially vulnerable. Investigations reveal that over 36,000 bank accounts across the country…

Rumorrush December 17, 2025