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2 mins read

Individuals earning over Rs 10 cr rise by 63% in India; financial assets of high net worth individuals to nearly double by 2028

A recent report shows a significant increase in wealthy Indians, with those earning over Rs 10 cror…

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2 mins read

Foreign investors pump Rs 16,881 crore into Indian stocks this week

Foreign Portfolio Investors (FPIs) continued their bullish stance on Indian stocks, infusing Rs 16,…

ANI   


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5 mins read

10 financial scams that shook India: A dive into deception

From Ponzi schemes to bank frauds, the Indian government and investors have fallen victim to many f…

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2 mins read

Women are more likely to adopt digital financial services when introduced by local agents or women community influencers

Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved s…

ANI   


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2 mins read

Gen AI to unlock a "mammoth incremental opportunity" for Indian IT services: Report

The generative AI provides more opportunity to the Indian IT sector contrary to the believe of bein…

ANI   


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2 mins read

Four budgeting hacks for young professionals who want to master their money

Contrary to popular belief, budgeting isn’t about being stingy.

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1 min read

Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das

In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …

PTI   


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1 min read

Teacher's Day special: Essential money lessons to teach your kids

Teacher's Day special: Essential money lessons to teach your kids

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2 mins read

Assets under management of retirement mutual funds jumps 256% in 5 years

ICRA said the growing awareness has led to a surge in the number of folios, which has increased by …

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3 mins read

Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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1 min read

Ally Financial plunges 19% after CFO says its borrowers are struggling

"Our borrower is struggling with high inflation and cost of living, and now more recently, a weaken…

Matthew Fox   


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2 mins read

India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran

Financialization is the dominance of financial market expectations trends, and importantly, interes…

PTI   


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4 mins read

When the wage gap between me and my husband grew, I quit my job to work part-time. I realized my non-monetary contributions have value, too.

When my husband started making 3 times more than I did, I worried I wasn't contributing enough to o…

Amanda Garland   


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2 mins read

SEBI brings in new norms to regulate finfluencers

Stock market watchdog Securities Exchange Board of India (SEBI) has brought in new norms to regulat…

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2 mins read

Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi

Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…

PTI   


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3 mins read

Nonprofit workers fill holes in the social safety net, but millions are financially insecure themselves

A new report from United for ALICE found that nearly a quarter of nonprofit employees are living ju…

Juliana Kaplan,Allie Kelly,Noah Sheidlower   


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2 mins read

Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global

Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…

ANI   


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2 mins read

Centre to provide Rs 4,136 cr for 15 GW hydropower projects in northeast region

The issues like land acquisition, rehabilitation & resettlement and local law & order issues would …

PTI   


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3 mins read

Klarna only needs half its staff, because AI lets the buy-now-pay-later company 'do much more with less'

In May, the CEO said Klarna had saved millions by "spending less on photographers, image banks, and…

Lian Kit Wee   


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1 min read

PM Modi hails Jan Dhan Yojana as it marks 10 years

Prime Minister Narendra Modi celebrated the 10th anniversary of Jan Dhan Yojana, praising the effor…

PTI