Rising living costs are driving more Americans aged 30 to 45 to seek debt counselling, with enrolments in debt management plans reaching their highest in nearly a decade amid a sharp increase in unsecured debt. More Americans are turning to…
Indian banks are increasingly tapping Gulf-based non-resident Indians and the UAE as part of a temporary scheme to boost foreign currency non-resident bank deposits, with the deadline approaching on September 30. The United Arab Emirates has emerged as the main…
A Rs 25 lakh corpus, achievable through modest monthly SIPs over a decade, can provide homemakers with an emergency fund and long-term financial security, experts say. For many homemakers, financial independence is less about a big pay cheque and more…
As India’s insurance industry grapple with rising complaints over mis-selling and claims disputes, regulators advocate for a shift towards institutional and digital distribution channels to boost penetration and modernise sales practices. India’s insurance market still leans heavily on individual agents,…
India’s move from a zero-MDR regime towards allowing merchants to be charged for some UPI and RuPay transactions signals a significant shift in the country’s digital payments landscape, with industry urging new fee structures. India’s debate over whether merchants should…
Gautam Adani has successfully had US fraud charges dismissed, removing a significant legal hurdle and potentially reigniting the Indian billionaire’s ambitions for global growth, despite ongoing controversy. Gautam Adani has secured the dismissal of US fraud charges that had cast…
Gold prices slipped back below $4,400 an ounce as traders cautiously await key US inflation figures, even as gold-backed ETF holdings continue to increase, signalling ongoing investor interest despite market uncertainties. Gold slipped back on Tuesday after failing, once again,…
Global oil benchmarks rose on Wednesday amid ongoing fears of prolonged disruption at the Strait of Hormuz, which could impact Indian fuel prices and inflation, as Iran’s stance heightens geopolitical uncertainty. Oil prices moved higher on Wednesday as traders continued…
Brokerages are highlighting a varied landscape of opportunities across Indian stocks, with focus on sectors from capital goods to healthcare, amid differing policy and market pressures. Brokerages turned their attention to a broad mix of Indian stocks on Tuesday, flagging…
Thermax reports a 19.2% rise in revenue in Q1, driven by domestic and export sales, but profit margins shrink due to order mix challenges and logistics delays, with the company optimistic about future improvements. Thermax reported a stronger top-line in…
