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Money made simple, for India

Nobody taught us money. So we teach it, using the news.

Only 27 in 100 Indian adults can answer basic money questions. We are changing that, one real headline a day, turned into one simple lesson, with real rupee examples.

Explainers

Today's money news, explained

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Number tile: more than 85% of the crude oil India uses is imported and priced in dollars, so the rupee and the dollar reach every fuel bill. Source: Petroleum Planning and Analysis Cell. Markets

Washington voted. Here is how it reaches your rupee, your fuel and your SIP

Democrats are projected to win the 2026 US midterms. A US result does not change your life overnight, but it travels to India through a few clear channels: the rupee, oil and your fuel bill, foreign investors in the stock market, trade, and IT jobs. Here is each one in simple language, with the result marked as an early projection.

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Concept tile: under India's T+1 settlement, the ex-date and the record date for a dividend usually fall on the same day. Source: SEBI. Stocks

Record date vs ex-date: who actually gets the dividend

A company pays its dividend to whoever is on its list of shareholders on the record date. Since India moved to T+1 settlement, the ex-date and the record date usually fall on the same day, so you must buy at least one trading day earlier. Here is how it works, with interim and final dividends and the tax deducted at source.

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Concept tile: every genuine income tax notice carries a Document Identification Number you can check on the e-filing portal. Source: Income Tax Department. Tax

Got an income tax notice? What it means and how to reply

An income tax notice is usually a question, not an accusation. Here are the common types, from the intimation after your return is processed to a scrutiny or reassessment notice, how to check a notice is genuine using its Document Identification Number, and how to reply on the e-filing portal.

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Concept tile: a loan recovery agent may contact you only between 8 am and 7 pm, and may never threaten or abuse you. Source: RBI. Loans

Loan recovery agent rules: what agents can and cannot do under RBI rules

If you miss loan payments, a bank or NBFC can send a recovery agent, but RBI rules limit what that agent may do. Here is what is allowed, what is banned, the stricter rules that start on 1 January 2027, and where to complain if you are harassed.

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Number tile: the NISM Series V-A exam needs 50% to pass, with 100 one-mark questions and no negative marking. Source: NISM. Exams

NISM V-A exam: the topics that trip candidates up

The NISM Series V-A mutual fund distributors exam has 100 one-mark questions, 2 hours, a 50% pass mark and no negative marking. Here is the current pattern from NISM, the 12 units, and the concepts learners most often mix up, each in one line with a link to the full lesson.

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Concept tile: when reading a company's annual report, compare profit with cash, and start with the auditor's report and the cash flow statement. Source: SEBI LODR Regulations, regulation 34. Stocks

How to read a company's annual report: a beginner's guide

Every listed company in India must publish an annual report with audited accounts, a directors' report, a management discussion and its auditor's opinion. Here is where to find one, the parts that matter, and three simple checks you can do with a calculator.

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The reason we exist, in real numbers
27%
of Indian adults are financially literatefinancially literate: able to answer basic money questions, like interest, inflation, and risk. More. Ages 18 to 29, just 30%.
NCFENCFE: National Centre for Financial Education, set up by India's financial regulators. More survey, 75,000+ people
₹981 cr
lost to UPIUPI: Unified Payments Interface, India's instant phone to phone money transfer system. More scams in one year, across 12.64 lakh cases.
Finance Ministry, to Parliament, FY25FY25: the financial year from April 2024 to March 2025, India's year for money and tax. More
84,000%
jump in credit card dues in a decade. 45% of new cards go to under-30s.
RBIRBI: Reserve Bank of India, the country's central bank. More and CRIF High MarkCRIF High Mark: a licensed credit bureau that tracks loans and credit cards in India. More
85%
of young savers say the high cost of living is their biggest hurdle.
Fin One and Nielsen, 2024

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