Fed minutes show officials grappling with policy differences and AI’s impact on the economy

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 […]

What affects your credit score?

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, […]

Navigate to the next phase with credit-on-UPI push and secured lending

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 […]

RBI will make a unique transaction ID mandatory for all OTC derivatives from 2027 onwards

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 3 best affordable retirement spots in the Mediterranean for 2026

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, […]

SMBC and Julius Baer are among the companies setting up GCCs in India

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 […]