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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
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…
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
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…
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…
The big rotation trade is from cash to stocks - and it could help push the S&P 500 up 17% by year-end, UBS says
A record $6 trillion in money market funds could flow into the stock market as the Federal Reserve …
Matthew Fox
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
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…
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…
Some central banks have sold gold at record prices, cashing in on the global boom
Gold prices have hit fresh record highs amid macroeconomic and geopolitical uncertainties.
Huileng Tan
Jamie Dimon warns inflation and higher interest rates may linger — and people are running out of spare cash
JPMorgan CEO Jamie Dimon flagged threats including sticky inflation, government overspending, forei…
Theron Mohamed
UPI and other ways to withdraw cash from an ATM without using a debit card
India has recently launched Unified Payments Interface or UPI-based cash withdrawal from ATMs, afte…
Prem Watsa-backed Fairfax India commits up to $200 mn to IIFL Finance
Indian-Canadian billionaire Prem Watsa-backed Fairfax India on Wednesday announced its commitment t…
PTI
Why Warren Buffett's record $189 billion cash pile isn't the market-crash signal some say it is
"Everybody gets excited, they go hyperbolic about it, but it's not that big of a number," Chris Blo…
Matthew Fox
Cash is no longer king. So why are we still printing so much?
A Fed study showed that most payments are handled through debit or credit cards. However, experts s…
Lloyd Lee
Zomato registers ₹125 crore profit in Q3 FY24, revenue up 53%
Food delivery platform Zomato on Thursday said it registered Rs 125 crore in profit in the third qu…
Warren Buffett's cash mountain grows to record $168 billion as Berkshire Hathaway struggles to find bargains
Warren Buffett's Berkshire Hathaway grew its cash pile by about $60 billion in 15 months as the val…
Theron Mohamed
The family behind Walmart cashed out $1.5 billion as the stock neared an all-time high last week
With a combined net worth of $226.3 billion, the three Walton heirs are collectively wealthier than…
Dominick Reuter
Baby boomers are winning the housing market again with all-cash purchases
Wealthy Americans, like boomers, have a bigger advantage than usual in today's housing market.
Cork Gaines
Market value of BSE listed companies surges Rs 8.55L crore for the week
The Nifty rose for the seventh week in a row to close at fresh all-time high of 21,457 on Friday, w…