Latest Updates Around The World
The RBI’s interest rate panel on Friday unanimously decided to cut the policy repo rate by 25 basis points (bps) from 5.50 per cent to 5.25 per cent, against the backdrop of strong GDP growth in the second quarter, low retail inflation and a depreciating rupee. The monetary policy stance remains neutral. The RBI also […]
India is poised to make a bid for its $7.1 billion majority stake in IDBI Bank Ltd., a major step in its long-running effort to privatize the previously troubled lender and accelerate a divestment. Discussions with potential candidates are at an advanced stage, according to people familiar with the matter. A government agency is expected […]
While the duration of the transition is not yet known, Natasha Macmillan, Ratehub.ca’s daily banking expert, says customers should expect email or postal notifications about their accounts, loans or other banking products with Laurentian. She says an acquiring bank typically aims to minimize disruption because its goal is to retain customers and maintain high customer […]
Sanjay Malhotra, Governor of the Reserve Bank of India (RBI) | Photo credit: HEMANSHI KAMANI Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rate at 10 am today, while the three-day Monetary Policy Committee (MPC) meeting will conclude on Friday. Financial markets remain divided on expectations from the MPC, with economists […]
Foreign residents can open a NISA in Japan to invest tax-free in stocks, ETFs and mutual funds. NISA allows capital gains and dividends to grow tax-free, making them accessible to expats with valid residency. This article covers: What is Japan’s NISA tax-free investment program? Who is eligible for a NISA? What is the limit of […]
DIFC versus IFZA comes down to a choice between a globally regulated financial center (DIFC) and a low-cost, flexible, sector-free zone (IFZA). DIFC appeals to companies in need of international financial credibility, while IFZA attracts startups and SMEs looking for an affordable setup and broad licensing options. This article covers: What does DIFC mean? What […]
FILE PHOTO: A woman walks past the Reserve Bank of India (RBI) logo at its headquarters in Mumbai, India, April 6, 2023. REUTERS/Francis Mascarenhas/File Photo | Photo credit: FRANCIS MASCARENHAS BI MPC 2025 Live Updates, RBI Monetary Policy Meeting Results, RBI MPC Meeting December 2025 News and Live Updates: The Reserve Bank of India (RBI) […]
Sometimes we think expensive things are better just because they cost more. A nice brand name or a shiny label can make us believe that we are buying happiness. But the truth is that many budget-friendly things not only save money, but often bring more comfort, peace of mind and joy than their luxury versions […]
SEBI noted that the current system allows disproportionately large positions, especially in indices with low OI, creating a potential concentration risk where a single TM could dominate trading. | Photo credit: The Securities and Exchange Board of India (SEBI) has proposed to shift the way trading member (TM) position limits for index options are calculated […]
Expats and high net worth individuals have different income options than just cash and government bonds. Modern portfolios combine dividend-paying global stocks, income-oriented funds and ETFs, and high-quality corporate or emerging market bonds. In addition, many investors are adding real estate, REITs, private credit, structured bonds and multi-asset income solutions for diversification. High net worth […]
