Reserve Bank of India (RBI) has made significant changes to its currency management regulations to simplify and support external trade and payments. An RBI press release said that Authorized Dealer (AD) banks in India and their overseas branches can now lend in Indian rupees to individuals and institutions in Bhutan, Nepal and Sri Lanka, including […]
Why spend a fortune on store-bought items when you can make practical, beautiful things yourself? Frugal DIY projects allow you to stretch your budget further while building skills and taking pride in what you create. Whether you’re renovating your home, creating storage space or giving gifts, each project will help you save money and live […]
Before you invest a single dollar or coin, you need a clear map of where you’re going. Too many new traders jump in without a plan and end up chasing trends instead of building wealth. Setting trading goals changes that. It gives you focus, helps you manage risk and keeps your emotions in check when […]
A preferential share issue will enable REL to issue new shares to Care Health shareholders at a negotiated price Religare Enterprises (REL) plans to put its unlisted insurance arm, Care Health Insurance, on the books through a reverse merger through a preferential share issue, people familiar with the matter said. The proposal, approved by the […]
MFIs faced headwinds in FY25 due to, among other things, borrower over-indebtedness (a result of competitive lending, where multiple lenders lend to the same borrower), strained repayment capacities and recovery challenges | Photo credit: iStockphoto Sa-Dhan is reaching out to individual banks and financial institutions to get them to lend to small and medium microfinance […]
Image source: shutterstock.com Most people plan to leave something behind – a house, savings or even sentimental items – but surprisingly few take the time to name who should receive them. If you never choose heirs, your financial legacy will be left to state law and not personal choice. That means years of hard work […]
Image source: shutterstock.com With more disposable income and fewer long-term expenses, DINKs (dual income, no child couples) have become a key audience for high-end marketing. But that same financial flexibility also makes them a magnet for clever scams. From fake art to overpriced “rare” wines, fake luxury investments are designed to look sophisticated while quietly […]
Image source: shutterstock.com Money and emotion often go together in complicated ways, especially in relationships. Many couples spend money out of love, but sometimes that love turns into guilt-induced spending that quietly drains their finances. Whether it’s compensating for time apart, relieving tension after an argument, or keeping up appearances, these guilt-based expenses can create […]
Image source: shutterstock.com The question of whether childless households will be taxed differently in the future is beginning to gain ground among policymakers and economists. As birth rates worldwide fall and social safety nets come under increasing pressure, governments may begin to rethink how tax systems distribute benefits between families and individuals without children. For […]
Nischal Shetty, Founder of WazirX | Photo credit: Singapore’s High Court has officially approved the creditor-approved restructuring plan proposed by Zettai Pte Ltd, WazirX’s parent company, with amendments, according to an announcement on Monday. “Once the scheme becomes legally effective based on today’s verdict, we will commence platform operations within ten working days. To all […]