Byju’s founder Byju Raveendran faces reckoning as startup implodes

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Potential insolvency is a dramatic turn of events for an entrepreneur described by one person who has worked with him as an extremely passionate and goal-oriented person who might adopt “an abrasive approach” in a crisis.

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This 20-year-old travelled to three countries for under ₹90,000. Here’s how.
This business administration student hacked his way through Thailand, Laos and Vietnam, and found a global network for future travels on a budget.
Is your landlord a non-resident Indian? Know your tax compliances.
Tenants of NRI landlords must set aside TDS from rent and transfer the amount to the government every month. Non-compliance can lead to interest, penalties, and legal repercussions.
RBI announces buyback of ₹25,000 crore worth G-Securities through auction on THIS date; check details here
The RBI has also announced the auction of Treasury Bills amounting to ₹19,000 crore across time duration of 91 days, 182 and 364 days.
These 7 banks offer highest interest rates on their 1-year-fixed deposits. Check list here
Here we list out the top seven banks which offer highest interest rates on their one-year fixed deposits (FDs). These rates are lower than the rates offered by banks on long-term deposits such as for 3 years or 5 years
Sovereign Gold Bonds: Understanding income tax exemption on early redemption of SGBs
Sovereign Gold Bonds offer tax-exempt early redemption after five years. Gains from such redemption aren't treated as income, eliminating the need for declaration in ITR2. Optionally, profits can be reported under Exempt Income for thoroughness
Big fat Indian weddings: 6 tips for managing post-wedding debt in India
Effective debt management becomes crucial as India approaches a wedding season with 3.5 million events
ICICI Bank reduces credit card benefits starting November 15. Details here
ICICI Bank is cutting credit card benefits, including no reward points for government-related spending and caps on grocery and utility transactions. New fees on education and fuel payments are implemented, with changes effective from November 15.
Alia Bhatt’s Jigra: Uncovering essential money lessons amidst family drama
Jigra, directed by Vasan Bala, stars Alia Bhatt as Satya, a determined sister rescuing her brother Ankur from prison. The film highlights love and investment lessons amidst a predictable storyline filled with cinematic nods and chaotic prison break antics.
Is it advisable to get a personal loan to consolidate multiple debts? Check pros and cons
Personal loan: Instead of managing numerous loans with different due dates, a borrower can focus on only one payment. This can make it easier to stay on track and avoid missing payments.
Personal loan: Is it a good idea to splurge on experiences with borrowed money? Keep these golden rules in mind
Personal loan: If you intend to splurge on experiences such as leisure travel, you must try to ensure that the cost is within your budget. If not, you can save the money over a period of time. Raising a personal loan should be your last resort.

Byju’s founder Byju Raveendran faces reckoning as startup implodes

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