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Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024
According to a report released by SBI Securities, the total expenditure by credit card users across…
ANI
Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…
Simply Put: Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Gold loans are surging in India, driven by rising gold prices and a desire for quick cash. Loans a…
JD Vance tries out a $5,000 expanded child tax credit proposal to secure support from the pro-family crowd
Vance is aiming to position his party as pro-family. But Senate Republicans have so far voted down …
Katie Balevic,John L. Dorman
GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you
At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…
After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit
The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…
ANI
Boeing secured its first order after a 7-week strike — 80 Boeing 737 Max jets
Boeing received its first order after reaching a deal with striking machinists, but it still faces …
Pete Syme
Market-making giant Citadel Securities is rebuilding the tech that powers its trades as it eyes growth
Two of Citadel Securities' top technology execs explain how the market maker is revamping its core …
Bianca Chan
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
SEBI proposes expansion of sustainable financial framework in securities market
In a consultation paper released on Friday, SEBI proposed that issuers, in addition to existing gre…
PTI
Social Security won't save you
Baby boomers who struggled to save for retirement say that relying on Social Security doesn't cut i…
Juliana Kaplan,Noah Sheidlowe…
We live in Hong Kong and are returning to the US to retire. We don't have a credit score and our Social Security is minimal.
After spending most of our lives in Hong Kong, we don't have a credit score in the US. We are calc…
Peter Maize
Virtual credit cards have a limited use case – When should you consider one?
There are credit cards and then there are virtual credit cards. As the name suggests, these cards d…