Author: Ashish Kumar

On May 6, 2026, Anjali in Bengaluru sent ₹4,800 from her HDFC account through Google Pay to her landlord’s PNB account. Her bank app showed “Debited.” Her landlord’s bank showed nothing. Google Pay said “Pending” for 18 hours before finally flipping to “Failed.” If your UPI payment failed money debited from your account too, you’re living the exact scenario Anjali did, and the good news is that her situation, and yours, has a defined, RBI-mandated resolution path that most people simply don’t know exists. Quick AnswerIf a UPI payment failed and money was debited, RBI rules require automatic reversal by…

Quick AnswerA family floater shares one sum insured across all covered members and typically costs 30-40% less, for example, ₹18,000 to ₹28,000 a year for ₹10 lakh cover on a family of four. An individual health insurance plan gives each person a dedicated sum insured but costs more overall, roughly ₹45,000 to ₹65,000 for the same four members at ₹10 lakh each. Floater plans suit young, healthy families with members under 45. Individual plans are almost always the better choice once you’re covering parents above 60 or anyone with a chronic condition, since one person’s large claim can’t reduce another…

PPF vs Sukanya Samriddhi Yojana is a comparison that trips up a lot of parents, because both schemes get recommended in almost the same breath, government-backed, tax-free, safe. But they’re built for genuinely different purposes, and picking the wrong one for your specific goal means either locking money up longer than necessary or missing out on a meaningfully higher return. Quick AnswerAs of the July-September 2026 quarter, PPF offers 7.1% interest and is open to any Indian resident, with a 15-year tenure extendable in 5-year blocks. Sukanya Samriddhi Yojana offers a higher 8.2% interest but can only be opened for…

RBI UPI 2FA rules 2026 are the reason your UPI app has been asking for an extra tap, a fingerprint, or a device confirmation lately, on top of the PIN you’re used to entering. If you’ve noticed payments feeling slightly different since earlier this year and wondered whether something broke, nothing broke. This is a deliberate, mandatory security upgrade, and it’s worth understanding exactly what it does. Quick AnswerEffective April 1, 2026, the RBI’s UPI 2FA rules require every digital payment in India, UPI, credit cards, debit cards, and mobile wallets, to use two independent authentication factors instead of relying…

Quick AnswerUnder the Income Tax Act 2025, the Tax Year replaces both Previous Year and Assessment Year with one unified 12-month period, April 1 to March 31, effective from April 1, 2026. Income earned in Tax Year 2026-27 is now reported and assessed in that same Tax Year 2026-27, instead of the old system where FY 2025-26 income was assessed in a separate AY 2026-27. Tax slabs, rates, deductions, and filing due dates remain unchanged, this is a naming and reference reform, not a change to how much tax you pay. Tax Year Income Tax Act 2025 is the reform…

Two days ago, Purple Style Labs IPO GMP was sitting at ₹34, hinting at a tidy 6% pop on listing day. Today, on allotment day, that same GMP has fallen to ₹0. Not a typo, zero. If you applied for this one because you recognized Pernia’s Pop-Up Shop from Instagram or a wedding shopping trip, this is the story you actually need to read before September 7. Quick AnswerPurple Style Labs IPO GMP has fallen to ₹0 to ₹2 as of September 2, 2026, sharply down from ₹34 on the day bidding opened. At the ₹575 upper price band, this…

Quick AnswerESDS Software Solution IPO GMP is trading around ₹310 to ₹328 as of 31st August 2026, indicating a listing gain of roughly 72% to 76% over the ₹429 upper price band. The IPO closes for bidding today, 1st September, with allotment on 2nd September and listing on 4th September on both BSE and NSE. GMP peaked near ₹372 to ₹387 on 29th August before cooling off slightly, and overall subscription has crossed 10 times, driven heavily by non-institutional investor demand. ESDS Software Solution’s IPO closes today, and if you’ve been checking ESDS Software Solution IPO GMP like half of…

Growth Enterprises Market Definition: A growth enterprises market is a dedicated stock exchange segment for small and medium-sized companies that don’t yet meet main-board listing rules. The best-known example is the Hong Kong Growth Enterprise Market, which has helped 267+ companies raise HKD 40+ billion since 1999. India’s equivalent is NSE Emerge and BSE SME, operating under SEBI’s SME listing framework. Quick AnswerA growth enterprises market is a stock exchange segment built for young, fast-growing companies that don’t yet meet the profitability, size, or track-record requirements of a main board. The Hong Kong Growth Enterprise Market (GEM), opened in 1999,…

Last updated: August 2026 | Written by Ashish Kumar, Founder at BusinessBuilts Quick AnswerThe fastest way to learn how to invest in US stocks from India is through a GIFT City IFSCA-regulated platform, starting from as little as $1 with digital PAN-based KYC. Four routes exist in total: GIFT City platforms, direct foreign brokers, Indian mutual funds or ETFs, and GIFT City feeder funds. Under RBI’s Liberalised Remittance Scheme (LRS), Indian residents can remit up to $250,000 per financial year for this purpose. Popular Indian broking apps like Groww and Zerodha do not offer direct US stock purchases, they route…

Quick Answer A family opportunity mortgage lets you buy a home for an aging parent or a disabled adult child and finance it at primary residence pricing, even though you will not live there yourself. Minimum down payment is 5% (0% with VA/USDA), minimum credit score is typically 620, and debt-to-income ratio can go up to 45-50% with strong compensating factors. There is no distance requirement between your home and theirs, unlike a second home loan. If you have looked up “family opportunity mortgage” and come away more confused than when you started, you are not alone. Most articles on…