What has changed in the rules for using international credit cards Previously, overseas use of international credit cards was not included in the aggregate limit of the liberalized LCS remittance system). But with a slight modification, all international overseas credit card transactions have been placed under LRS. This in turn means that the 20% TCS […]
Credit card spending fell to ₹1.33 crore in April 2023, down 3.3% from the record high of ₹1.37 crore in the previous month, according to data released by the Reserve Bank of India . According to the data, 61% of credit card spending during the month was for e-commerce payments and 39% was for PoS […]
Marc Debnam | Getty Images Weddings are expensive, and not just for the bride and groom. As more couples choose to go all out for their wedding, the average guest will spend $611 on travel and accommodations, gifts and special occasion outfits and preparation this year, according to a recent report from Bankrate.com. Wedding gifts […]
Goldman Sachs says “green investments” will be “the main driver of global infrastructure over the next decade”. The firm shared its ideas on how to play the trend. According to Goldman, green investment spending – capital spending focused on sustainability goals such as decarbonization, infrastructure and clean water – will increase amid a boom in […]