How is everyone doing this week? It’s been a tough last ten days or so. It started with 18″ of snow and weather below 20 degrees. In recent days it has warmed up to a balmy 25 degrees. It’s sad, but I feel a big difference. Unfortunately, it will return to the low teens this […]
Government officials have repeatedly indicated that the disinvestment process will be completed in FY26 | Photo credit: ADNAN ABIDI The Department of Investment and Public Asset Management (DIPAM) on Friday said it has received financial bids for the strategic sale of IDBI Bank. This has increased the expectation that the sale of the shares will […]
Many of us spend money every day without thinking about it. The charges feel normal because they happen so often. They quietly creep into our lives and before we know it, they become part of the routine. But just because costs feel normal doesn’t mean they should be ignored. Some of the most common expenses […]
Banks will pay deposit insurance premiums ranging from 8 paise to 12 paise per annum per Rs 100 deposit, depending on their risk categorization, under the risk-based premium (RBP) framework that RBI’s subsidiary Deposit Insurance and Credit Guarantee Corporation (DICGC) will usher in from April 1, 2026. Banks in the lowest risk category (A) pay […]
Governor Sanjay Malhotra of the Reserve Bank of India With underlying inflation expected to remain benign and growth prospects appearing strong, policy rates are likely to remain at low levels for a long time, Reserve Bank of India Governor Sanjay Malhotra told reporters at a post-monetary policy committee (MPC) press conference on Friday. Edited excerpts: […]
The campaign went beyond traditional forms of advertising and became visible thanks to the cricket series between India and South Africa | Photo credit: iStockphoto The life insurance industry’s new awareness campaign, aimed at addressing the challenge of low insurance penetration in India, has been able to reach around 35.5 crore people across all channels […]
The proposed guidelines include standardization of crop season, extension of KCC term to six years (from five years), alignment of draw limit with scale of financing (SoF) for each crop season and inclusion of expenditure on technological interventions, said RBI Governor Sanjay Malhotra | Photo credit: SHASHNK PARADE The agriculture sector is likely to get […]
Super Bowl Sunday is just around the corner! Some TV commercials are already available to stream, the soda cans are chilling and many fans are panicking ahead of the biggest football match of the year. Retailers, broadcasters and sponsors will be waiting to cash in on the biggest sporting event in America, but do you […]
Any deals that emerge from the talks would mark the first time Korean insurance companies have entered the Indian insurance sector. South Korean companies Samsung Fire & Marine Insurance, Mirae Asset Financial Group and Hyundai Marine & Fire Insurance Co are in exploratory talks to enter India’s $130 billion insurance market, three Indian sources said. […]
Skip the flowers and chocolates this Valentine’s Day. Instead, invest in financial intimacy to deepen trust and strengthen love. Financially what?! When we think of intimacy, we usually think of emotional or physical closeness. Finances rarely appear on the list. But financial intimacy—openly sharing your money beliefs, habits, and goals—can bring couples closer together than […]