Latest Updates Around The World
M Nagaraju, Secretary, Ministry of Financial Services As India aims to become a developed country by 2047, it should consider extending more banking licenses to non-banking finance companies (NBFCs) and universal banking licenses to small finance banks (SFBs), M Nagaraju, secretary, Department of Financial Services (DFS) said at the State Bank of India (SBI) banking […]
More and more people are choosing to do business part-time in addition to an employed job. Smart, because this way you build up experience and income without immediately letting go of all your certainties. But what about the tax benefits, such as the self-employed person’s deduction or starter’s deduction, if you work fewer hours? In […]
Aditya Birla Sun Life Insurance Company Ltd launched the Dividend Yield Fund on November 6, 2025, exclusively for its unit-linked insurance plans. The fund can be subscribed to at ₹10 NAV per unit till November 20, 2025. The new fund focuses on creating long-term wealth by investing in companies that pay high dividends. It offers […]
India plans to maintain voting rights ceilings for major shareholders of domestic banks, signaling that financial sector reforms will remain muted. India plans to maintain a cap on voting rights for major shareholders of domestic banks, two sources said. This indicates that New Delhi’s efforts to liberalize the financial sector and attract more foreign investment […]
Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs | Photo credit: @nsitharamanoffc X/ANI photo Finance Minister Nirmala Sitharaman said on Thursday that the country needs big, world-class banks and discussions in this regard are underway with the Reserve Bank and lenders. On the occasion of the 12th SBI Banking and Economics Conclave 2025, Sitharaman […]
State Bank of India, the country’s largest lender, plans to sell a 6 per cent or Rs 3.20 crore stake in its subsidiary SBI Fund Management through an initial public offering (IPO). Amundi India Holding, the other promoter of SBIFML, will divest 3.70 percent or 1.88 crore shares. Both the promoters of SBIFML have jointly […]
If you’ve been around my blog or newsletter for a while, you know how much I love and support ThriveCart. And today I’m happy to announce that the Thrivcart Black Friday Deal this year blows all other deals out of the water! So if you’re circling the idea of upgrading or changing your sales cart, […]
The Securities and Exchange Board of India (SEBI) is open to raising the proposed cap on fees paid by mutual funds to brokers, which it had sought to sharply reduce last month as part of a review of mutual fund structures, two sources with direct knowledge of the matter said. This would help allay concerns […]
But that estimate was released before U.S. President Donald Trump’s tariffs on Canada and countries around the world, upending economic forecasts. Ottawa said the fallout from the Canada-U.S. trade war and uncertainty over future trade rules have weighed heavily on Canada’s economy while creating risks to its outlook. Deficit growth reflects a targeted fiscal strategy […]
Your first concern is completing your obligations in your current city or town. “I think a lot of people are taken by surprise when it comes to terminating their mortgage,” Hexter says. “They are two or three years old [into a mortgage term] and didn’t realize that, and sometimes it can be a $10,000 to […]
