Latest Updates Around The World
Representatives of the United Forum of IDBI Officers and Employees have sought engagements with the Prime Minister and the Finance Minister to urge them to reconsider the proposal for sale of IDBI Bank to private/foreign players. In an online petition to the President of India asking for her intervention in larger national interest, Devidas Tuljapurkar, […]
Wondering if it’s too late to start saving for retirement? You’re not alone. Many people worry that they have missed the opportunity to build enough savings for their golden years. The truth is, it’s never too late to take steps toward financial security. Whether you’re just starting out or trying to catch up, small actions […]
Image source: shutterstock.com If you own a home in California, the February 1st deadline may be delayed because it doesn’t feel like a “bill due tomorrow” until you’re staring at a penalty notice. The second installment becomes due on February 1, 2026, and that date falls on a Sunday, making it even easier to shrug […]
Image source: Shutterstock When budgeting for a fixed income, you need to track every penny you spend. You probably turn off the lights and conserve water to keep your energy bills low. Maybe you’ve cut back on grocery shopping and stopped eating out altogether. Yet, despite your best efforts, your monthly expenses continue to rise […]
Experts expect the panel to explore innovative deposit mobilization strategies and ways to enhance the sector’s role in economic growth while ensuring financial stability, inclusion and consumer protection. | Photo credit: The Union Budget for FY 2027 has proposed the setting up of a “High-Level Banking Committee for Viksit Bharat” to comprehensively assess the sector […]
The Budget 2026 maintained a trend of steadily reducing the fiscal deficit and indicated that the figure for FY26 was 4.4 percent. This is expected to decline further to 4.3 percent in FY27. As the transition to a debt-to-GDP regime begins, this figure for the current fiscal stands at 56.1 percent and is expected to […]
The Union Budget 2026-27 proposes higher government borrowing of ₹17.2 lakh crore, while net market borrowing is estimated at ₹11.7 lakh crore to finance the fiscal deficit. | Photo credits: /iStockphoto Higher government borrowing proposed in FY27 could push up government bond (G-Sec) yields, market experts say. The Union Budget for FY27 has increased gross […]
The Union Budget has signaled a sharper regulatory push on crypto asset reporting, with Finance Minister Nirmala Sitharaman proposing sanctions for delayed or inaccurate disclosure of digital asset transactions, reinforcing a broader compliance-first approach to the sector. “To ensure compliance with the provisions of Section 509 of the Income Tax Act, 2025 and to create […]
The government’s aim to set up large homegrown accounting and consulting firms was mentioned in the Union Budget speech this year when Finance Minister Nirmala Sitharaman announced several tax measures that will improve ease of doing business. While presenting her ninth consecutive budget, Sitharaman also said that the “Reform Express is well on its way […]
