Finance in a minute

If you’ve ever sent money to anybody instantly using a phone number or QR code, you’ve probably used UPI (Unified Payments Interface). It’s a system that lets money move from one bank to another within seconds, at any time, with no cash needed. UPI was launched in 2016, and since then, India has grown into one of the fastest-growing digital payment countries in the world. Millions of transactions happen daily, from paying for groceries and movie tickets to school fees and piz

In 1949, a businessman named Frank McNamara went out for dinner in New York with his clients. When the bill arrived, he realized he had forgotten his wallet. His wife had to rush over with cash to save him from the embarrassment. That night, Frank had an idea: what if people could pay without always carrying cash? A year later, in 1950, he launched the Diners Club Card, the world’s first credit card. It allowed members to dine but then pay later. At first, only 27 restaurants

A lot of people think the stock market is just luck, like playing cards or a coin toss. But it isn’t the same thing. When you buy a stock, you own a small piece of a company. If the company grows and makes profits, your share in the company grows in value too. It's not based on chance but rather on how the business performs. Yes, in the short term, prices can go up and down quickly. That’s why it sometimes feels like gambling. But if you look at the stock market over many yea