Guaranteed insurance plans find favour amidst falling interest rates

November 19, 2020

The life insurance industry has seen muted growth for the first-year premiums in the first six months of the current financial year. However, guaranteed plans offered by life insurance companies have seen strong response from the policyholders. According to experts, volatile equity markets during the start of the financial year and declining interest rates on bank fixed deposits (FDs) are few reasons why policyholders have been attracted to guaranteed plans….

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Google redesigns Pay app, opens waitlist for bank accounts with Citi

November 19, 2020

By Paresh Dave and Anna Irrera OAKLAND/LONDON: Alphabet Inc’s Google on Wednesday relaunched its U.S. payments app, introducing paid promotions to the service and opening a waitlist for bank accounts being launched next year with Citigroup Inc and 10 other institutions. The new Google Pay app, like its predecessor which will be discontinued eventually, enables contactless payments in stores and money transfers. But now users can transact with groups of…

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