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You Searched For "cash reserves" and got 20 results


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4 mins read

This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy

Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…

Theron Mohamed   


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7 mins read

Millennials are hoarding cash. That could hurt them in the long run.

Millennials are holding onto a lot of cash instead of investing that money in the stock market. Tha…

Callie Cox   


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3 mins read

Sensex down by over 900 points, Nifty tanks 300 points ahead of US election results

Clearly, the markets are on tenterhooks ahead of the US presidential election results due tomorrow …

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4 mins read

FEMA was strapped for cash even before America's hurricane double whammy

For two years in a row FEMA had to pause long-term recovery efforts to shore up resources for hurri…

Catherine Boudreau   


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5 mins read

The interest rate on my high-yield savings account keeps dropping. I asked 3 experts how to earn more on my cash.

The interest rate on my high-yield savings account has dropped from 4.6% to 4.2%. I asked experts h…

Christine Ji   


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2 mins read

UPI Lite wallet limit and transaction limits for feature phone users increased

The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…

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3 mins read

RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%

The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…

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2 mins read

RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…

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3 mins read

A $2.30-a-day basic income trial is trying to save the Amazon rainforest

Universal basic income is usually aimed at social or economic benefits. But a $2.30-a-day trial in …

Mia Jankowicz   


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2 mins read

SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman

SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.

PTI   


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7 mins read

3 couples who recently got mortgage interest rates under 3% share how they did it

The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and co…

Alcynna Lloyd   


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2 mins read

GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile

GameStop's surprise profit was driven primarily by interest earned on its $4 billion cash pile, rat…

Matthew Fox   


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7 mins read

Forget free cash, there's an even more American way to help people get ahead

Basic income programs continue to ripple across the US. But some experts say there's a policy that'…

Ayelet Sheffey   


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3 mins read

RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets

The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…

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2 mins read

Not just withdraw, you can soon deposit cash using UPI at ATMs, promises RBI

On Friday, RBI governor Shaktikanta Das announced that bank account holders will soon be able to de…

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2 mins read

RBI’s temp measure to absorb surplus liquidity caused by ₹2,000 note inflows

The Reserve Bank of India (RBI) on Thursday said that scheduled banks shall maintain an incremental…

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2 mins read

What has changed for your credit cards, starting today?

Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…

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2 mins read

RBI decides to withdraw incremental CRR in phased manner and release it by Oct 7

​​ The Reserve Bank on Friday decided to discontinue the Incremental Cash Reserve Ratio (I-CRR), wh…

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5 mins read

75 artists received $9,000 each in a basic income trial. The cash helped a yarn guru to buy a house and a new car.

Fiber artist Tori Hanna used the $500 a month to replace her damaged car, cover debts and bills, an…

Theron Mohamed   


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2 mins read

Rupee rises 1 paisa to 83.43 against US dollar in early trade

The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back o…

PTI