Latest Updates Around The World
The indicators used to identify a bank as D-SIB are: size, interconnectedness, fungibility (including total value and volume of payments in rupees) and complexity | Photo credit: The Reserve Bank of India (RBI) on Tuesday said State Bank of India (SBI), HDFC Bank and ICICI Bank will continue to be identified as domestic systemically important […]
Retirement planning quickly becomes confusing as you decide whether to draw income from your pension (PRSA or ARF) or leave the pension pot untouched for years to come. You’ll hear strong opinions in both directions! Some people insist on waiting until the mandatory age of 65, 70 or 75, depending on the scheme. Others argue […]
Image source: shutterstock.com One of the biggest benefits of being a dual-income couple is flexibility: you can travel more, say yes to opportunities, and design a life that really suits you. The downside is that all that freedom can lead to parallel lives if you’re not careful, with each of you doing your own thing […]
Chief Technology Officer at Dynasty Financial Partners | Image credits: Institute for Innovation Development [With 100,000 financial advisors retiring amidst the $84 trillion Great Wealth Transfer and rising personalized client services expectations, this guest article from Leslie Norman, Chief Technology Officer (CTO) at Dynasty Financial Partners, explores the evolving role of AI technology in wealth management firms […]
In the calendar year to date, the rupee has depreciated about 5 percent (or about 425 paise) against the US dollar The rupee came within range of the psychologically crucial 90 per dollar mark on Tuesday, testing an intraday all-time low of 89.95 and closing at a record low of 89.87. The Indian currency (INR) […]
The Indian fintech ecosystem is rapidly expanding its presence in cross-border payments, with several startups and major payment gateways securing the payment aggregator-cross border (PA-CB) license from the Reserve Bank of India (RBI) and forming strategic partnerships to expand global money movement capabilities. Recently, fintech giant Razorpay received the Payment Aggregator-Cross Border (PA-CB) license from […]
Pankaj Chaudhary, Minister of State for Finance Shareholdings of foreign investors in five of the 12 public sector banks (PSBs), including SBI and Bank of Baroda, fell at the end of FY25, data presented by the Finance Ministry in Rajya Sabha on Tuesday showed. The ministry clarified that there is no plan to increase the […]
Union Finance Minister Nirmala Sitharaman | Photo credit: @AndhraPradeshCMOX/ANI Photo Finance Minister Nirmala Sitharaman on Tuesday called for joint attention and cooperation on the new challenges arising from the digitalization of the economy, the emergence of new financial products and the evolving structures of beneficial ownership. “There are new challenges that require joint attention. The […]
Image source: shutterstock.com From the outside, people often assume that two powerful partners are only one bad week away from burnout. They see the full schedules, late-night emails, and back-to-back meetings and think, “That can’t possibly be sustainable.” What they’re missing are all the quiet habits that keep things stable behind the scenes. If you […]
The UK temporary non-residency rule determines how certain UK taxes, in particular capital gains tax, apply to profits made while you live outside the UK. It affects British taxpayers who temporarily move abroad and return later. This article explores: How long can a non-resident British citizen stay in Britain? How do I qualify as a […]
