News That Matters

Tag: Here&#039s

49,000 Aadhaar centres blacklisted for fleecing: Here's how to avoid getting conned

49,000 Aadhaar centres blacklisted for fleecing: Here's how to avoid getting conned

Finance
A recent revelation by the Unique Identification Authority of India (UIDAI) that it has blacklisted over 49,000 Aadhaar enrolment centres since its inception for fleecing and overcharging enrollers is a matter of concern for those who are yet to obtain Aadhaar or need to make corrections. Given that Aadhaar has become a vital document, it is important for us to ensure that we do not fall prey to these unscrupulous elements. The ill intentions of 'enrolment officials' fleecing consumers also raises a huge security concern. Therefore, if you are visiting an enrolment centre to get your Aadhaar details corrected or are applying for a new one, you must keep the following things in mind. 1. Currently, there is no fee to apply for a new Aadhaar card. It is clearly stated on the Aadhaar webs...
Here's what happened when I tried to freeze my credit

Here's what happened when I tried to freeze my credit

Finance
Freezing your credit after Equifax hack...not so easyLike millions of other people, I freaked out a little last week when I learned that my personal information "may have been impacted" by the Equifax breach.Thieves got the mother load of data, which they could use to open credit cards or loans in my name. But what should I do to protect myself? I wasn't sure. Equifax said it was offering a free credit monitoring service, so I decided to start there. I tried to sign up for it right away on Friday, but instead I was given an enrollment date to come back: September 13. I would have to wait almost a week to get it. In the meantime, I pulled one of my credit reports to see if anyone had tried to open an account in my name. So far, so good. I also placed what's called a fraud alert on my cre...
With Florida, Georgia under evacuation orders, here's how to change travel plans

With Florida, Georgia under evacuation orders, here's how to change travel plans

Finance
As forecasters issue hurricane and storm-surge watches for parts of Florida, airlines and cruiselines are making it easier for U.S. travelers to troubleshoot their plans and stay out of Hurricane Irma's way.The latest advisories from the National Oceanic and Atmospheric Administration's National Hurricane Center predict that the "potentially catastrophic" Category 5 storm will move over Turks and Caicos and southeastern Bahamas by late Thursday."Some fluctuations in intensity are likely during the next day or two, but Irma is forecast to remain a powerful category 4 or 5 hurricane during the next couple of days," according to the advisory.A long list of areas are under hurricane warnings, including parts of the Dominican Republic, Haiti and the Bahamas; areas under a hurricane watch now in...
Q&A: Samsung chief is jailed. Here's what you need to know.

Q&A: Samsung chief is jailed. Here's what you need to know.

Technology
Samsung heir Lee Jae-yong, the de facto leader of South Korea's most successful business group, was sentenced Friday to five years prison for offering bribes and other crimes. Lee, 49, was groomed to lead the conglomerate that was founded by his grandfather and became such a dominating force in South Korea that it's mockingly called "Republic of Samsung" by the public. He took a higher profile role at the world's largest maker of smartphones, television sets and microchips that power consumer electronics after his father suffered a heart attack in 2014 and was poised to cement control. Instead, at the end of last year Lee was implicated in a massive political scandal that culminated in President Park Geun-hye's ouster. The court said he was guilty of offering bribes to the former president...
RBI announces new Rs 50 currency note, here's how it looks like

RBI announces new Rs 50 currency note, here's how it looks like

Finance
The Reserve Bank of India (RBI) will soon issue Rs 50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Governor Urjit R. Patel, the central bank said in a press release issued today. The new note has a motif of Hampi with Chariot on the reverse, depicting the country's cultural heritage. The base colour of the note is fluorescent blue. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. Dimension of the banknote will be 66 mm x 135 mm. RBI had said in December last year that it would issue new currency notes of Rs 50 and Rs 20. All the Rs 50 banknotes issued by RBI in the earlier series will continue to be legal tender. The image and salient features of 50 denomination banknote in ...