Latest Updates Around The World
Speed is also an issue. Traditional payment systems can take days to process cross-border transfers. Reducing this friction could increase productivity and strengthen Canada’s economy at a time when both are desperately needed. Introducing stablecoins: regulated digital currencies that combine the reliability of traditional money with the efficiency of modern technology. What is a stablecoin? […]
Inflows into equity mutual fund funds fell 6 per cent month-on-month to ₹28,054 crore last month as investors preferred to book profits on a slight improvement in market sentiment. Investors continued to bet big on gold and silver ETFs, pumping in ₹11,647 crore (₹3,742 crore) and ₹3,962 crore (₹2,154 crore) into them last month, according […]
In a disappointment to retired bankers, the Kerala High Court on Thursday rejected their plea to grant them tax exemption on their health insurance premium on their IBA group policy. GST exemption is for individual health insurance policies and the policies of retirees are equivalent to a group policy issued on the basis of “the […]
The acquisition takes Bajaj Group’s ownership in both insurance companies from 74% to 97%, giving Bajaj Finserv full control of the insurance companies with a 75.01% stake, according to a statement from Bajaj Finserv. | Photo credit: REUTERS Bajaj Finserv, along with Bajaj Holdings & Investment Ltd and Jamnalal Sons Pvt Ltd, has completed the […]
Sanjay Radhakrishnan, Managing Director, Edme Insurance Brokers Ltd, Insurance broker Edme Insurance Brokers (formerly Aditya Birla Insurance Brokers), which recently acquired reinsurance broker UIB Insurance Brokers India, is expanding its presence in construction and reinsurance, segments that now account for about 20 percent of its revenue. Speak with business lineSanjay Radhakrishnan, Chief Executive Officer of […]
The microfinance sector’s outstanding loan portfolio shrank 15.5 percent year-on-year to ₹3,41,947 crore at end-September 2025 | Photo credit: iStockphoto Strict enforcement of regulations by the Reserve Bank of India (RBI) on sharing of credit information with credit information companies (CICs) and access to the same has landed non-profit microfinance institutions (MFIs) in trouble. Since […]
The Delhi High Court on Thursday stayed a November 27, 2025 order requiring second-level human review by trained legal staff for complaints dismissed by the RBI Ombudsman | Photo credit: Kesavan AN 1612@Chennai The Delhi High Court on Thursday stuck to its own course and demanded second-level human intervention by trained legal staff in case […]
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Over the same period, stock markets have delivered returns well above historical averages, which may lead people to take on more risk than they normally would by reducing their bond holdings. If you look at that again, before taxes historical bond returnsThere have been some long periods where returns have been very poor, as you […]
Banks in Tripura will remain closed several times in 2026 due to state festivals, national holidays, religious observances and scheduled weekends. The full list can be found below. Tripura holidays 2026: 50 days January 10 (Saturday) – Second Saturday January 23 (Friday) – Vasant Panchami January 24 (Saturday) – Fourth Saturday January 26 (Monday) – […]
