Federal Reserve policymakers almost unanimously agreed to leave rates unchanged at their meeting last month, but remained divided on their next steps. “Several” countries were open to rate hikes if inflation remained high, others were inclined to support further cuts if inflation retreated as they expected, and the entire table grappled with the emerging implications […]
If you’ve ever received a free credit report score, you’ve probably wondered exactly what factors influence your overall credit score. Unfortunately, your credit score is a complex number that is affected by several factors. The major credit reporting companies Equifax, Experian and TransUnion collect data about your credit behavior. This data includes your payment history, […]
Everyone dreams of making money without having to work all the time. That’s what passive income is all about:earn money while you sleep, go on vacation or even watch TV. It may sound too good to be true, but the right ideas can really work if you put some effort into them beforehand. The key […]
Rajiv Naresh, MD and CEO, Navi Navi is sharpening its focus on product depth and institutional scale, MD & CEO Rajiv Naresh said business linewhich outlines a future roadmap for payments, lending and asset management. “The second turning point of our journey is UPI,” Naresh said, pointing to the emergence of Navi UPI as a […]
The Reserve Bank of India has made the use of a Unique Transaction Identifier (UTI) mandatory for all over-the-counter derivatives transactions from January 1, 2027 | Photo credit: FRANCIS MASCARENHAS Market participants will have to use a Unique Transaction Identifier (UTI) for all over-the-counter (OTC) derivative transactions from January 1, 2027, as per the final […]
The committee suggested that banks proactively guide customers through text messages, calls or interactions in the branches. AI tools can be used to identify eligible account holders, ensuring privacy. According to a Parliament panel, banks may consider converting dormant or persistent standard savings bank accounts with low balances into BSBDAs (Basic Savings Bank Deposit Accounts) […]
Private sector lender DCB Bank aims to double its loan and deposit portfolio in the next 3 to 3.5 years, MD and CEO Praveen Kutty said. business line. He said the bank, which will continue to focus on secured loan growth, aims to reduce the cost of deposits and expects slippages to remain stable going […]
Our hot-off-the-press 2026 Overseas Retirement Index lists 12 of the world’s best destinations for an overseas move – six of which are in Europe – making the prowess of my adopted empire impossible to ignore. Even considering the entire world, Europe dominates this year’s rankings. Let’s take a closer look at our picks in Italy, […]
Have you ever said something casually to a friend and suddenly saw ads for it everywhere? They say it’s a coincidence. They say it’s because you looked for it before. But Apple agreed Pay $95 million to settle a class action lawsuit over Siri’s privacy concerns…so if you’re concerned, there are several settings on your […]
Japan’s Sumitomo Mitsui and Switzerland’s Julius Baer are joining US investment firms Charles Schwab Corp and Vanguard Group in plans to jointly hire at least 1,000 people this year in cities such as Chennai and Hyderabad. | Photo credit: TOMOHIRO OHSUMI Global financial companies including Sumitomo Mitsui Banking Corp and Julius Baer Group are planning […]