Latest Updates Around The World
Image source: shutterstock.com Money management doesn’t have to feel like a second job. One of the smartest things you can do for your future is to simplify your finances so you can focus on what actually builds wealth. Complex systems, endless bills and constant financial juggling only add stress and confusion. By distilling your money […]
Shirish Chandra Murmu, Deputy Governor of the RBI. , Photo credit: cueapi With an economic capital of about 25 percent of the balance sheet, the RBI is in a formidable position to effectively fulfill its public policy mandates while ensuring monetary and financial stability, said Deputy Governor Shirish Chandra Murmu. “The prudent accounting policy over […]
Chairman of the State Bank of India Challa Sreenivasulu Setty | Photo credit: SHASHNK PARADE State Bank of India (SBI) is backing a new wave of mergers among state-backed lenders as policymakers explore ways to build scale and finance growth in the world’s fastest-growing major economy. “Further rationalization could make sense. There are still some […]
Panel discussion on MSMEs organized by Axis Bank in Kozhikode. From left to right: James Abraham, SVP Axis Bank; Ajil Muhammed – CEO HiLITE Group; MA Ashraf – MD Feroz Boards; Shahabaaz Ali – Head of Bakery Ingredients and Specialty Fats Department – Parison Group Axis Bank hosted the 10th edition of Evolve, the multi-city […]
When the time comes, RRSP or Registered Retirement Savings accounts will be converted to RRIF or Registered Retirement Income Fund accounts, a change that must be made by the end of the year you turn 71. Shifting your portfolio for RRIF withdrawals You can hold the same investments in a RRIF as you would in […]
More public disclosures by large unlisted life insurers will bring much more transparency and accountability to public funds as these companies currently make very limited disclosures, says HDFC Life Insurance MD & CEO Vibha Padalkar. In an interview with business linePadalkar said the life insurance industry would like the government to consider giving some VAT […]
The Reserve Bank of India (RBI) has approved the appointment of Sankarasubramanian Krishnan, former MD & CEO of Punjab & Sind Bank and Tamilnad Mercantile Bank, as Non-Executive, Part-time Chairman (Independent Director) of Jammu and Kashmir Bank. His appointment runs from November 13, 2025 to March 26, 2028. The central government currently holds a 59.40 […]
Have you heard of the new proposal for 50-year mortgages? This topic has gone viral over the past week and the latest episode of FinCap Friday dives deep into the buzz surrounding this new idea and why it has sparked national debate. Between crunching the numbers, comparing mortgage lengths, and weighing the real tradeoffs between […]
Image source: Richhabits.net I have often written about the four paths to wealth: Saver/investor path Climbing path of the big company Virtuoso path Dreamer/entrepreneur path The path of the dreamer/entrepreneur is the most difficult of the four paths to wealth. It is also the fastest and most rewarding path, both financially and emotionally. In my […]
The following was written by my late wife Elaine. She wrote a long book, actually a diary, from which this is a passage: Painting music, needle point and our children’s instruments In 1977 I completed a needlepoint carpet that I had designed and stitched; I am very proud of that! Dave made a nice frame […]
