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The 3 payment banks have plans for your money

MUMBAI, MAY 24:   With three players launching their payments bank services, consumers now have more choice for their banking needs. Going by the rate of interest being offered for deposits, Airtel seems to be the most aggressive. The telecom operator’s payments bank provides the highest interest raṭe on deposits at 7.2 per cent, followed by India Post at 5.5 per ... Read More »

Thousands of Class 12 students will pay the price for government’s botched-up reform of marks policy

Late in April, when the Union Ministry of Human Resources Development announced that officials of 32 state and central boards of education had decided to scrap the moderation of marks – also known as the grace marks policy – from 2017, school teachers across cities felt conflicted. Most agreed that the practice had to go. It involves giving extra marks ... Read More »

What the Heck is Happening at Your Bank These Days?

If you’re like many Americans, you may be making fewer trips to the bank and instead taking care of check deposits with a mobile app or tracking account balances with a few mouse clicks. Digital banking is undeniably gaining ground over the old brick-and-mortar process. But about 84 percent (PDF) of banking customers still visit branches at least occasionally, according ... Read More »

Trump’s grade on the economy: a B, for now

More than anything else, the performance of the economy during the next several years is likely to determine whether Donald Trump succeeds or fails as president. So how’s he doing? And how should we measure his success in the future? Well, for starters, the economy has earned a solid B since Trump took office in January, according to an exclusive ... Read More »

Proven Strategies for Building Trust in the New Sharing Economy

While the sharing of resources among individuals is not new, the last five years have seen an explosion in collective sharing thanks to the Internet. From AirBnb and Uber to Car2Go and Rover, the new sharing economy business model gives consumers access to unused goods and services. From power tools to dog sitting to a ride to the airport, the sharing economy is revolutionizing how to acquire ... Read More »

20 Surprising Stats About the Gig Economy

More than a fourth of the U.S. is now officially part of the freelance gig economy, a recent report indicates. In the future, more and more people of all ages and ethnicity will declare their independence from the 9-to-5 daily corporate grind for the freedom, autonomy and self-determination that the freelance, gig economy lifestyle brings. So says a new report ... Read More »

Choosing the Right Lending Institution

The vast majority of people will need to take out a loan at some point in their life. Houses and cars are the two most expensive things that people buy. Therefore, most people cannot afford to pay cash for them. They require a lending institution to give them a loan that will allow them to make the purchase. They will ... Read More »

4 Tips for Improving Safety on the Manufacturing Floor

According to the U.S. Bureau of Labor Statistics, the manufacturing industry receives an average of about 400,000 reports for non-fatal injuries and a little over 300 cases of work-related fatalities each year. With over 12 million people employed in the industry, that means 3 out of every 100 workers get involved in work-related accidents. Each work-related accident in the manufacturing ... Read More »

High-level security must extend all the way out to parking facilities

 Heightened security measures are wisely being taken all over the world now, what with more sophisticated, increasing terrorist activities in every region of the world putting people in all industries and environments on high alert. One security measure companies are now paying much more attention to, often perhaps much overlooked in the past, is parking lot security. In years past, ... Read More »

Plunging oil prices show OPEC has lost its grip on the market

OPEC is widely expected to extend production cuts that initially boosted oil futures above $50, but prices just keep falling. That raises concerns that oil prices could struggle to return to their 2017 highs in the mid and upper $50s even if the Organization of the Petroleum Exporting Countries carries over the output reductions through the second half 2017 when ... Read More »