Cholamandalam Investment and Finance’s second-quarter net profit rose 20%, but asset quality is declining

Total disbursements in Q2FY26 stood at ₹24,442 crore, a marginal increase of 1 per cent over the same quarter last year Cholamandalam Investment and Finance Company Ltd (CIFCL) on Thursday reported a 20 per cent increase in standalone operating revenue, to ₹7,469 crore, for the quarter ended September 2025 (Q2FY26). Net profit grew 20 percent […]

$30,000 in future dividend income – my biggest passive income milestone yet! – Dividend diplomats

October was huge. After years of steadily saving, reinvesting, and making tough allocation decisions, Bert finally crossed the $30,000 mark in future dividend income. The number seems huge to type: $30,338 in projected annual dividends. I hit it, and I couldn’t be more excited. In today’s article, we’ll discuss the milestone, break down the numbers, […]

How Canada’s 2025 budget could impact your wallet

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Sign up now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman and others. Daily content from Financial Times, the world’s leading business publication. Unlimited online access to read articles from Financial Post, National Post and 15 […]

10 Financial Habits That Separate the Rich from the Comfortable

Image source: shutterstock.com Most people dream of building wealth, but few realize that the difference between being comfortable and actually being rich comes down to mindset and consistency. While comfortable earners save when it suits them, the wealthy view financial growth as a disciplined, long-term system. They think beyond the next paycheck or the next […]

Former Wall Street banker Dhruv Jhunjhunwala launches Novastar Partners, focused on private markets

Novastar Partners, a new fund of funds (FoF) that aims to back India-focused venture capital and private equity funds by acting as a limited partner (LP), is targeting an initial fund of ₹350 crore. It has a green shoe option of ₹150 crore, according to a person familiar with the development. Novastar Partners is registered […]

LIC expects strong demand for insurance in the second half of the year

Photo credit: Manvender Vashist Lav Life Insurance Corporation of India said it expected strong demand for its products in the second half of the year after it reported a 32 percent increase in net profit for the September quarter, due to a better product mix and lower commission payments. It reported a net profit of […]

The crypto market remains cautious as Bitcoin remains stuck below $105,000

While Bitcoin remains under pressure around the $100,000 level, short-term losses are mounting as selling from older wallets coincides with continued ETF outflows, explains Giottus CEO Vikram Subburaj | Photo credit: Dado Ruvic Bitcoin is hovering below $105,000 as traders weigh renewed ETF inflows against ongoing selling pressure and macro uncertainty. Analysts say that while […]

‘Developed India’ needs more big, world-class banks: FM

Mumbai: Finance Minister Nirmala Sitharaman addresses the gathering during the 12th SBI Banking and Economics Conclave 2025 in Mumbai, Thursday, November 6, 2025. | Photo credit: PTI India needs many big, world-class banks. The government will work with the RBI and banks for this purpose, Union Finance Minister Nirmala Sitharaman said. This observation fits in […]

Bankers must speak the customer’s language: FM

Finance Minister Nirmala Sitharaman with Challa Sreenivasulu Setty, Chairman of State Bank of India during the 12th SBI Banking and Economics Conclave 2025 in Mumbai Union Finance Minister Nirmala Sitharaman has asked public sector banks (PSSBIUBs) to ensure that employees posted at a branch understand its customer and speak the local language. She emphasized that […]

LIC expects strong demand for insurance in the second half of the year

Photo credit: Manvender Vashist Lav Life Insurance Corporation of India said it expected strong demand for its products in the second half of the year after it reported a 32 percent increase in net profit for the September quarter, due to a better product mix and lower commission payments. It reported a net profit of […]