InfoZephyr

In the rapidly evolving landscape of the digital age, the convenience of online services is accompanied by the looming threat of identity fraud. One of the most prevalent forms of cybercrime is Know Your Customer (KYC) fraud, where cybercriminals exploit weaknesses in the identity verification process. KYC fraud is evolving rapidly, presenting new challenges and threats to individuals and businesses.   “KYC, a critical component in financial institutions and other industries, helps verify the identity of customers and ensures compliance with regulations. However, fraudsters are continuously finding new ways to bypass these checks and steal personal information or engage in criminal activities. Here are some emerging trends in KYC frauds: synthetic identity fraud, deepfake technology, biometric data theft, SIM card swapping and insider threats," Lalit Mehta, Co-Founder and CEO, Decimal Technologies said.   Unmasking KYC Frauds KYC is an essential aspect of the financial and bus...

· Water pollution is the contamination of water bodies, usually as a result of human activities, so that it negatively affects its uses. · Water bodies include lakes, rivers, oceans, aquifers, reservoirs and groundwater. Water pollution results when contaminants mix with these water bodies. · Contaminants can come from one of four main sources: sewage discharges, industrial activities, agricultural activities, and urban runoff including storm water. · Water pollution is either surface water pollution or groundwater pollution. This form of pollution can lead to many problems, such as the degradation of aquatic ecosystems or spreading water-borne diseases when people use polluted water for drinking or irrigation. · Another problem is that water pollution reduces the ecosystem services (such as providing drinking water) that the water resource would otherwise provide.   The Causes of Water Pollution Ø Industrial Waste Industries and industrial ...

§ Have a savings account? Know its benefits The first step in a financial journey typically starts with opening a savings bank account. While the main purpose of a savings account is to deposit money in a safe place, it also creates a relationship with the bank, which gives the investor access to different investment avenues.   § Making investments The savings bank account can be used to set up systematic transactions. An SIP or a bank RD can be set up for a particular date of the month for a certain period. A 3-in-1 investment, trading, and demat account can be opened by the savings bank account holder to make investments in securities. Investment in PPF, FD (using a sweep-in facility), insurance, and other investment products can also be done through Internet banking.   § Setting up bill payments The savings bank account works as a person’s cash management system. Third-party utility bill payments, tax payments, loan EMIs, and insurance premiums can be paid seamlessly. Ma...

The Ram Mandir is a Hindu temple under construction in Ayodhya, Uttar Pradesh, India. It is located at the site of Ram Janmabhoomi, the hypothesized birthplace of Rama, a principal deity of Hinduism. The site is the former location of the Babri Masjid which was built in 16th century CE after the demolition of an existing non-Islamic structure. The idols of Rama and Sita were placed in the mosque in 1949, before it was attacked and demolished in 1992.[8][9][10] In 2019, the Supreme Court of India delivered the verdict to give the disputed land to Hindus for construction of a temple, while Muslims would be given land elsewhere to construct a mosque.[11] The court referenced a report from the Archaeological Survey of India (ASI) as evidence suggesting the presence of a structure beneath the demolished Babri Masjid, that was found to be non-Islamic.[12] However, ASI claims were heavily disputed by critics[13][14] as contradictory, dubious, and being the product of nationalistic manipulatio...

When it comes to tax saving many often turn to the Public Provident Fund (PPF). This is because of two key factors: the tax-free yearly interest and the annual compounding effect. The extended tenure of 15 years for PPF plays a significant role in amplifying the impact of compounding, particularly in the later stages of the investment period. Further, because the interest earned is backed by a sovereign guarantee, it makes it a safe investment option.   It's essential to be aware that starting from the financial year 2020-21, individuals have the choice to opt for the old/existing tax regime, which includes various deductions and exemptions like those under sections 80C, 80D, 24, and more. Alternatively, they can opt for the new tax regime, which excludes these deductions and exemptions. If an individual chooses the new tax regime in the current financial year, they won't be eligible to claim commonly availed benefits such as deductions for investments in PPF, among others. So...

National Road Safety Week 2024 Road Safety Week 2024 stands as an annual dedication to fostering awareness and promoting responsible driving behavior. This week-long event aims to curtail road accidents and save lives by encouraging individuals, communities, and organizations to prioritize road safety measures.   Understanding Road Safety Week Road Safety Week is a nationwide campaign focused on raising awareness about road safety issues such as accident prevention, reducing injuries, and preventing fatalities. It underlines the significance of responsible driving, pedestrian safety, and the imperative for improved road infrastructure.   Significance of National Road Safety Week 2024 Road Safety Week is observed during the third week of November each year. In 2024, mark your calendars for November 19th to November 25th. This period provides a platform for communities and organizations to engage in initiatives aimed at enhancing road safety.   National Road Safety Week 202...

People can now conveniently send their Rs 2,000 banknotes to regional offices of the Reserve Bank of India (RBI) via insured post for direct credit in their bank accounts. This option is particularly beneficial for individuals who are unable to visit the regional offices in person. The RBI is also offering a Triple Lock Receptacle (TLR) form for the deposit of Rs 2,000 banknotes into bank accounts. "We encourage customers to utilize the insured post service to send their Rs 2,000 notes to the RBI for seamless and secure credit in their accounts. This will save them the trouble of traveling to designated branches and standing in queues," RBI Regional Director Rohit P Das told PTI. He further emphasized that both the TLR and insured post options are highly secure, and the public need not have any concerns regarding their usage. The Delhi office alone has already received approximately 700 TLR forms. In its communications, the RBI has consistently highlighted these two options, ...

Chandigarh l Chandigarh is not only a union territory of India but also the joint capital of the states of Haryana and Punjab. l English is the official language of Chandigarh. The majority of the people speak Hindi, followed by Punjabi. l Chandigarh is famously known as “Pensioner’s Paradise”. l There are many famous schools and top higher educational institutions located in Chandigarh. l Chandigarh is famous for its urban design and architecture. l Chandigarh is famous for its green belts and tourist parks. l In post-independent India, Chandigarh is one of the earliest planned cities. l It was designed by Le Corbusier, a Swiss-French architect. l The capitol complex in Chandigarh was declared a World Heritage Site by UNESCO in 2016.   Delhi l Delhi is a city and a union territory of India. l New Delhi is the capital of India. l Delhi is on the banks of the Yamuna river, which is unfortunately very highly polluted. The actions taken to clean the Yamuna river are highly...

World Hindi Day 2024 Let’s talk about January 10th – a special day known as World Hindi Day. This celebration began with the first World Hindi Conference in 1975, held in Nagpur, Maharashtra. Fast forward to 2006, when 122 delegates from 30 countries gathered, leading to the declaration of January 10th as World Hindi Day by then-Prime Minister Manmohan Singh. The main aim? To show off Hindi as a language that connects people worldwide.   World Hindi Day 2024 Theme The focus of the 2024 World Hindi Day conference revolves around the theme “Hindi – Bridging Traditional Knowledge and Artificial Intelligence.”   History of World Hindi Day 2024 Hindi, spoken mostly in North India, is one of India’s two official languages, along with English. It officially became the language of the Republic of India in 1949, a special year that marked Beohar Rajendra Simha’s 50th birthday.   India’s Mix of Languages and Hindi’s Part in It India, being a land of many languages, had a tough choi...