Latest Updates Around The World
Andhra Pradesh Chief Minister N Chandrababu Naidu | Photo credit: ANI Andhra Pradesh Chief Minister N Chandrababu Naidu has asked banks to extend support to MSMEs – especially those belonging to BC, SC and ST communities. Chairing the 233rd and 234th meeting of the State Level Bankers’ Committee (SLBC) in Amaravati on Friday, the CM […]
In a major relief to 13 insurance companies, the Bombay High Court has stayed over ₹10,000 crore worth of GST demands on coinsurance and reinsurance transactions. A division bench of Justices GS Kulkarni and Aarti Sathe ordered an ad-interim stay on the impugned demand orders till the next hearing. The court was hearing a batch […]
Auto loan giant Shriram Finance on Friday reported a 21 per cent year-on-year (yoy) rise in net profit for the quarter ended December at ₹2,522 crore, excluding the one-time gain of ₹1,489 crore from the sale of the non-bank lender’s stake in subsidiary Shriram Housing Finance in the same period of the previous year. Including […]
Axis Bank has shelved plans to sell a stake in its consumer finance arm, Axis Finance. after the central bank relaxed proposed restrictions on overlapping business activities between banks and their subsidiaries, three sources familiar with the matter. India’s third-largest lender last year started the process of selling shares in Axis Finance and appointed investment […]
Bitcoin remained within the range on January 23, hovering around the $89,000 level, as low liquidity and muted investor participation continued to weigh on price action. The world’s largest cryptocurrency showed little directional momentum, signaling a consolidation rather than a shift in market sentiment. According to Vikram Subburaj, CEO of Giottus, flows remain the biggest […]
Editor’s note: This story originally appeared on The Penny Hoarder. Our homes are our greatest asset, and in times of cash crunch, they could provide much-needed relief. A home equity line of credit, also called a HELOC, can put money in your pocket. A HELOC is a second mortgage that allows you to borrow against […]
Almost everyone has a plan for their money this year, but the data suggests a huge gap between ambition and execution. A new survey from the American Institute of CPAs (AICPA) shows that while 92% of Americans have set specific financial goals for 2026, 81% of those who set goals last year failed to stick […]
You might think that being frugal means giving up fun, but some experts say the opposite is true. Kate Kaufmann, writing for Psychology Today, describes a condition called frugal joywhere resource conservation actually increases satisfaction. Many researchers agree, having identified specific triggers for deep human joy. It turns out that almost all of them – […]
When comparing annuities versus CDs, the most important distinction is the way each generates income and manages risk. CDs are bank-issued term deposits with a fixed interest rate and an insured principal amount, while annuities are insurance contracts designed to provide predictable income, often for retirement. This article covers: How are annuities different from CDs? […]
FILE PHOTO: The Securities and Exchange Board of India (SEBI) logo is seen at its headquarters in Mumbai, India, March 24, 2025. REUTERS/Hemanshi Kamani///File Photo | Photo credit: HEMANSHI KAMANI The Securities and Exchange Board of India (SEBI) has accused current and former executives at the local units of PwC and EY, among others, of […]
