Latest Updates Around The World
Image source: Shutterstock Childless couples often assume that their tax returns should be simple, but simplicity can sometimes hide missed opportunities. As tax day approaches, many DINK households leave money on the table because they don’t realize what tax deductions apply, even without dependents. The truth is, couples without children often qualify for more savings […]
PSBs have increased lending control and close monitoring of repayments, minimizing deterioration in asset quality | Photo credit: iStockphoto Public sector banks (PSBs) have upped their game in credit underwriting, preventing further slippages, while private sector banks (PvSBs) appear to be lagging behind in this area. This is confirmed by the central bank’s data for […]
Rajiv Anand, CEO of IndusInd Bank The Reserve Bank of India’s (RBI) proposed guidelines on how banks should advertise, market or sell financial products may have an impact on lenders in the short term but will prove to be positive for the banking sector in the long run, said Rajiv Anand, CEO of IndusInd Bank. […]
Private lender YES Bank, which is on the recovery path, expects to end the current financial year with a return on assets of 1 percent, the bank’s Chief Financial Officer Niranjan Banodkar said. Return on assets (ROA) is a profitability measure that measures how efficiently a bank uses its assets to generate profits. A higher […]
State Bank of India (SBI) is actively investing in startup-focused funds and financial market infrastructure through direct equity participation as part of its MSME strategy, a top official said on Saturday. “We have been actively investing in startup-focused funds and financial market infrastructure through direct equity participation and schemes like Startup India, and banks in […]
The Reserve Bank of India has built a high-security data center in Odisha, strategically located away from potential cross-border threat zones and regions of high seismic risk, as part of efforts to protect critical financial infrastructure and strengthen the continuity of core systems. The greenfield facility in Bhubaneswar is designed to house core computer systems […]
After the Supreme Court ruled against President Donald Trump’s sweeping tariffs, some Democrats are calling for refunds to be sent to Americans, the latest hypothetical plan to redistribute tariff revenues to ordinary Americans. The nation’s highest court ruled on Feb. 20 that Trump does not have the power to unilaterally impose the tariffs he issued […]
President Donald Trump said Saturday he will raise a temporary tariff from 10% to 15% on U.S. imports from all countries, the maximum level allowed under law, after the U.S. Supreme Court struck down his previous tariff program. The move came less than 24 hours after Trump announced an across-the-board 10% tariff on Friday following […]
Car insurance is one of those bills that most of us can’t avoid, but that doesn’t mean you should pay too much for it! Whether you’re renewing a policy or looking for new coverage, there are simple ways to ensure you get the cheapest car insurance price for the coverage you need. Car insurance is […]
