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Moneylife Digital Team 25 September 2013
In the zero per cent EMI schemes offered on credit card outstanding, the interest element is often camouflaged and passed on to customer in the form of processing fee The Reserve Bank of India (RBI) on Wednesday banned the zero percent (0%) interest rate scheme for purchase of consumer...

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Moneylife Digital Team 19 September 2013
Blackberry's BBM is coming to mobiles running Android and iOS during this weekend. Only issue is this would be available for user of Android 4.0 and above and iOS6 and iOS7 Smartphone maker Blackberry on Thursday announced it will provide its popular chat application BlackBerry Messenger...

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Moneylife Digital Team 04 September 2013
The list of Google's Android software over the years includes Cupcake, Donut, Ice Cream Sandwich, and Jelly Bean Internet search giant, Google said its next version of Android software would be called 'KitKat' in keeping with its penchant for giving tasty names to its software for...

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Moneylife Digital Team 31 August 2013
Petrol price hiked by Rs2.35 per litre and diesel by 50 paisa, excluding state levies, effective midnight today   The government on Saturday raised the price of petrol by Rs2.35 per litre and diesel by 50 paisa a litre, excluding state levies.   The increase in rates, which...

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Moneylife Digital Team 08 August 2013
The Maharashtra government has introduced the e-Secured Bank and Treasury Receipt (eSBTR) which will be available online and offline. Issued by participating banks on special government stationery for payment of stamp duty and/or registration fees for stamp duty values above Rs5,000, the...

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Moneylife Digital Team 08 August 2013
More than 400 people who had booked flats in Teen Kanya, a housing project of Bengal Shelter Housing Development Ltd, in New Town (Kolkata), are in distress after State Bank of India announced that it was taking possession of the project to recover dues in excess of Rs176 crore. The project...

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Moneylife Digital Team 08 August 2013
Buying extra floor space index or paying a penalty cannot be a way to regularise an unauthorised construction, the Bombay High Court has ruled. Justice Roshan Dalvi upheld an order vacating the stay on the demolition of the top two floors of Shubh Apartments. “Purchase of the FSI cannot...

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High cost of education is eating away the savings of most parents and the cost of raising a child does not become any less expensive in any phase of their lives. Here are our findings of a nationwide survey of 1,712 middle-to-upper class parents. They filled out specific segments pertaining...

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From food, clothing, education, hobbies and healthcare to entertainment and caretaker costs—having a child costs you a lot more than love and emotional energy. Moneylife offers clues on how to estimate and plan expenses so that the joy of parenthood is not buried under an avalanche of...

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Given the chance, consumers around the world act more or less the same. Credit card abuse is a universal past-time. But this time the credit bubble is no longer in the US Spend, spend, spend! It seems that is all Americans consumers do. They happily buy the latest appliances, second or...

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Harjot Kaur 08 July 2013
Cashkaro.com is an online portal that benefits the consumer through cashback and coupon services. How enthusiastic should you be about it? What more would you want from online shopping than getting some of your money back when purchasing through a certain website? Yes, online cashback...

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Vegetable prices have shot up over the past few days. As it happens, both the farmers and consumers are reeling under this artificial price hike, while middlemen of APMC markets, as well as, vendors and hawkers are ripping off huge profits The wholesale price index (WPI) based inflation...

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Moneylife Digital Team 20 June 2013
Airtel said that the Volume Based Charges (VBC) on its recharge vouchers for 2G data usage of three denominations have been reduced to 1 paisa per 10 KB from 10 paisa per 10 KB making internet usage affordable for its subscribers   Triggering competition, private sector telecom...

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Moneylife Digital Team 18 June 2013
“The rate cut from 10p/10KB to 2p/10KB will make internet access affordable for customers who use mobile Internet in a limited way,” Vodafone said in a statement   In a significant move, Vodafone India today said it has reduced data charges by up to 80% in three circles and the new...

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Moneylife Digital Team 17 June 2013
SBI Card and Payment Services has been directed by the North District Consumer Disputes Redressal Forum to pay the compensation to the Delhi-based customer for ‘lowering’ her financial credibility due to which she was denied a loan by another bank   A consumer forum has directed SBI...

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The aviation regulator has allowed for various services to be charged separately. How can you use this to your advantage? During late-April 2013, India’s civil aviation regulator, Directorate General of Civil Aviation (DGCA) allowed the airlines in India to ‘unbundle’ their products and...

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Unlike Ford, Datsun should take the trouble to find out what customers want rather than force unnecessary stuff down their throat The Datsun, Nissan’s ambitious low-cost hatchback car, due to be launched in India in July, is being benchmarked against the Tata Nano as far as top-speed...

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Most people assume that MRP is the final maximum rate at which a product can be bought. Actual discussion with a few shops indicates that the MRP is inclusive of their profits and taxes if any. Few smart shopkeepers, in order to maintain and expand clientele, generally volunteer and give away...

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Moneylife Digital Team 16 May 2013
With the launch of OxiCash Wallet, a real-time, round-the-clock money transfer facility, Oxigen Services claims to be the country’s first non-banking mobile wallet facility. This facility can be used even if the person does not have a bank account. It allows one to transfer and receive funds...

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Moneylife Digital Team 16 May 2013
PayU India, an online payment company, has launched PayU paisa, a web-based online payment system. This gateway does not require sellers to have a website of their own to tie-up with the service-provider. The gateway allows sellers to use its website to create a webstore and upload details of...

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