Many people mainly look at what comes in and what goes out every month. That is usablebut those who really go for the long term will soon see that the real course is determined by you net assets. Knowing your numbers gives you peace of mind and allows you to make better choices at important […]
In reality, lenders are looking at a much bigger picture. Credit history matters, but so does income stability, existing debt and how you approach the application itself. While there is no guaranteed formula for approval, there are steps you can take to improve your chances without pretending that your finances are impeccable. Here’s what Canadian […]
Currently, this facility is only available to investors who hold units directly with the respective fund houses | Photo credit: Getty Images Capital market regulator SEBI has proposed to allow Systematic Withdrawal Plan (SWP) and Systemic Transfer Plan (STP) for investors holding mutual fund units in demat form. This facility is planned to be rolled […]
Image source: shutterstock.com If you’re watching your numbers and still feel like your “fixed” costs keep rising, you’re not alone. Much of the pressure comes from silent resets: federal limits, caps and limits that shift every year and give companies room to adjust what they pass on. That doesn’t mean anyone is conspiring against you, […]
PhonePe, India’s largest digital payments platform, has made significant progress on the profitability front, with contribution margin remaining stable, while indirect costs fell from 173 percent of revenue to 100 percent in FY25, as it reaped the benefits of operating leverage, as per Bernstein’s pre-IPO Research Report. PhonePe has seen healthy revenue growth led by […]
Mexico does not impose federal estate or inheritance taxes. Assets acquired through an inheritance are generally exempt from inheritance tax, meaning the effective rate is 0%. This applies to Mexican residents, non-residents, foreigners and expats. However, heirs may still face reporting obligations, notarial fees or property taxes. This article covers: What is the maximum you […]
Retire to Spain from the Philippines by applying for a non-lucrative residence visa through the Spanish Consulate. This visa allows Filipino retirees to live in Spain long-term without working, provided they meet income, health and documentation requirements. Planning ahead is essential as approval must be obtained before leaving the Philippines, ensuring a smooth transition to […]
Canara-Syndicate Bank Retired Staff Organization (CSBRSO) has called on similar organizations of public sector banks to form a common platform that can lead the drive to find a solution to the pension adjustment that has been going on for over thirty years. Over eight lakh pensioners have looked to the authorities with hope and trust […]
The Reserve Bank of India’s Monetary Policy Committee (MPC) in its policy announcement scheduled for Friday is likely to maintain status quo on repo rate amid ongoing global economic uncertainty, pressure on government bond yields and volatility in the domestic currency, a State Bank of India report said. The report said that despite earlier policy […]
The steelmaker needs capital to expand its overseas operations, including in the US and India, and for decarbonization initiatives. | Photo credit: REUTERS/Issei Kato Japan’s Nippon Steel is considering selling as much as 500 billion yen ($3.2 billion) of convertible bonds, according to two sources with knowledge of the matter, in a deal that would […]