Kerala-based Manappuram Finance Ltd (MFL) on Saturday said it has received final approval from the Reserve Bank of India for Bain Capital’s proposed acquisition of up to 41.66 per cent of the company’s paid-up equity/convertible instruments. With this approval, Bain Capital will be classified as a promoter of MFL and will jointly control the gold […]
PhonePe, which has built its scale on the Unified Payments Interface (UPI) with over 657 million registered users, uses payments as a distribution layer rather than a primary source of revenue. | Photo credit: SAMYUKTA LAKSHMI Walmart-backed fintech giant PhonePe is sharpening its financial services operations ahead of its proposed stock market listing as loan […]
To commemorate its 90th founding anniversary, India’s public sector Overseas Bank has strengthened its startup banking network with the opening of ‘Startup Banking’ branches, a top official said on Saturday. The Chennai-headquartered bank also launched its rural outreach program ‘IOB Gram Sweekar’, adopting 90 Gram Panchayats across 14 districts in Tamil Nadu and in Thiruvananthapuram, […]
The Department of Homeland Security is on the verge of closing after a political standoff in Congress over immigration enforcement. The situation has the potential to affect many Americans — including travelers, boaters, storm victims and tens of thousands of DHS employees — indefinitely. Amid weak and slow-moving negotiations between Democrats and the White House, […]
Wall Street is gripped by concerns about AI disruption. It first started with investors dumping shares of software companies, but quickly spread to sectors seen as vulnerable to automation, leading to sharp losses in US stocks this week. The AI ​​fear trade did not even spare sectors such as private credit, real estate agents, data […]
Planning for your retirement involves more than just saving; it’s also about protecting your savings from high taxes. Some US states offer tax-friendly environments for retirees, allowing you to keep more of your hard-earned money. When planning for retirement, small expenses make a difference in the amount of money you need to withdraw from your […]
Building a secure financial future starts with understanding the size of your savings. Whether you’re planning for retirement, pursuing financial independence, or saving for long-term goals, knowing how much you need is a crucial step. Let’s take a look at what factors determine the ideal nest egg size, how to calculate it, and what strategies […]
Socially responsible investing is about putting your money where your values ​​lie. It’s a way to support companies and causes that align with your beliefs while building wealth for the future. Whether you care about environmental sustainability, social equity or ethical business practices, This approach allows you to grow your finances without compromising your principles. […]
Editor’s note: This story originally appeared on Boldin. In the Chinese zodiac, 2026 is the Year of the Fire Horse – a rare, powerful combination associated with movement, independence and bold forward movement. The horse represents freedom, speed and self-control. Fire adds intensity, conviction and momentum. Together they symbolize a year in which action is […]
Major airlines and travel companies urged Congress on Friday to prevent a partial government shutdown that would leave about 50,000 airport security officers without pay ahead of the busy US spring break travel period. Transportation Security Administration staff will begin working without pay starting Saturday without an agreement on funding for Homeland Security Department agencies. […]