Latest Updates Around The World
ReNew Energy Global said on Friday it has signed a $477 million financial package with the Asian Development Bank (ADB) that will support the development of a large-scale clean energy project in Andhra Pradesh. As part of the deal, the Nasdaq-listed company secured $331 million from the ADB. The remaining $146 million will be arranged […]
Image source: shutterstock.com Inflation is not just a dragging headline; it is an everyday financial reality that shapes the way families and couples spend, save and plan. Yet not everyone is lagging behind. Across the country, dual-income households are quietly adapting to rising prices with smarter, more strategic habits that preserve their wealth and boost […]
Image source: shutterstock.com For many couples, living comfortably on two incomes without children feels like financial freedom. You save regularly, invest consistently and assume that you are on the right track to an easy retirement. But what if that confidence is actually holding you back? Many dual-income couples underestimate how much flexibility and earning power […]
D Arul Selvan, President and Chief Financial Officer, CIFCL Prolonged monsoons and a clean-up of the consumer lending segment led to Cholamandalam Investment and Finance Company Limited (CIFCL) seeing a decline in asset quality in the quarter ended September, said Arul Selvan, President & CFO of CIFCL. Even as CIFCL reported 20 percent revenue and […]
Businessman calculating ROI return on investment and calculating ROI percentage concept of investment planning in stock market, mutual funds, SIP, cryptocurrency, Bitcoins online chart graph analysis. istock photo for BL | Photo credit: juvaida khatun India’s financial system has become more resilient, diversified and inclusive, with the state still playing a predominant role since the […]
The application of AI is transforming insurance operations across every domain, including underwriting, claims, customer experience, distribution and risk management | Photo credit: Andrei Popov Insurers are increasingly using artificial intelligence (AI) to drive business growth, improve customer experience and accelerate processes. “The transition of AI in life insurance from a test and learn phase […]
SEBI Chairman Tuhin Kanta Pandey (file photo) | Photo credit: PTI/SHASHNK PARADE Markets regulator SEBI will soon set up a working group to conduct a comprehensive review of short selling and the Securities Lending and Borrowing (SLB) frameworks, chairman Tuhin Kanta Pandey said on Friday. The short selling framework, introduced in 2007, has remained largely […]
Reserve Bank of India (RBI) Governor Sanjay Malhotra (file photo) | Photo credit: PTI/SHASHNK PARADE Indian banks today are much more mature than they were a decade ago and the regulatory environment cannot ignore developments like strong loan and deposit expansion, robust capital buffers, improved asset quality and profitability and a jump in return on […]
SBI Chairman Challa Sreenivasulu Setty | Photo credit: SHASHNK PARADE Public sector lender SBI is working on a mechanism that will allow its employees to communicate with customers in local languages, highlighting that AI tools can help ease the transition and support faster learning. “We are already working on it. We have launched a program […]
Fintech firm One97 Communications, which owns the Paytm brand, has rolled out a plan to convert loyalty points into gold, the company said on Thursday. The company has also rolled out a new version of its travel platform with an in-app AI assistant that allows travelers to ask questions, browse and make bookings through a […]
