Latest Updates Around The World
From 2009, when I started writing about FIRE, the FIRE movement has taken off until now. It emerged from the global financial crisis of 2008-2009, when hundreds of thousands of people lost their jobs. To cope with the sudden disruption of their economic livelihoods, the concept of FIRE was embraced as both an explanation and […]
Alexandria Real Estate Corporation (ARE) cut its dividend due to the impact of a weakening life science real estate market, federal policy and budget changes, high interest costs and other factors. Weak financial results in 2025 and weak prospects for 2026 are also a concern. The company was a dividend contender with a fourteen-year streak […]
The AU Small Finance Bank (AU SFB) on Monday said it is working with the Haryana government to assess the reasons for its dismantling and work towards its rearmament to carry out government business, a statement said. SFB shares fell as much as 7 percent during trading hours today. On February 18, the Haryana government […]
Reserve Bank of India (RBI) Governor Sanjay Malhotra (file photo) | Photo credit: REUTERS/FRANCIS MASCARENHAS The Reserve Bank of India (RBI) has no plans to revise the recently announced rules for bank financing of proprietary traders and brokers, the governor said on Monday. In rules released earlier this month, RBI has increased collateral requirements for […]
V. Vaidyanathan, Chief Executive Officer (CEO), IDFC First Bank (file photo) | Photo credit: FRANCIS MASCARENHAS The ₹590 crore fraud involving Haryana government accounts is the result of a conspiracy between IDFC Bank employees and external parties, Managing Director and Managing Director V Vaidyanathan said on Monday. In a specially convened call to investors and […]
Bitcoin fell in early trading in Asia on Monday, roiled by new nervousness over the status of US tariffs. Original digital assets fell as much as 4.8% to almost $64,300, the lowest since February 6. Other tokens fared worse, with Ether, the second largest token, falling 5.2%. The losses come after U.S. officials said Sunday […]
RBI’s restrictions on bank financing for proprietary trading could push trading firms to shift their operations abroad and force smaller players to close, executives and analysts say. Proposed rule changes that would ban banks from lending for proprietary trading and require 100 percent collateral for other financing to brokers could cut profit margins in half […]
According to an official circular, the Haryana government has dissolved IDFC First Bank and AU Small Finance Bank for government affairs with immediate effect until further notice. No government funds will be parked, deposited, invested or traded through these institutions, the report said. “IDFC First Bank and AU Small Finance Bank are hereby dismantled with […]
Filing taxes may not be at the top of your college to-do list, but understanding the basics can save you money and prevent future headaches. Whether you have a part-time job, receive financial support or work as a freelancer, it is essential that you know what your tax obligations are. You may even be eligible […]
