Financial Insights That Matter Chandigarh: The finance department of the UT administration wants to reassess the finances of the municipal corporation (MC). For this, it has asked the corporation to provide details of revenue receipts for the current financial year. This request comes as the MC has been seeking additional funds amid financial crisisand there […]
Financial Insights That Matter For years, the 4% rule has served as a financial north star — a simple formula promising worry-free retirement: if your wealth can generate 4% annually to cover expenses, you’re good to go. But Anmol Gupta, founder of a wealth advisory firm, has a blunt warning for Indians: don’t use the […]
Financial Insights That Matter Apple chief Tim Cook says most of the iPhones brought into the United States will originate in India as the tech company tries to soften the blow from the US trade war with China (SONNY TUMBELAKA) Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost […]
Financial Insights That Matter New Delhi: India’s economy will potentially grow at between 6.3% and 6.8% in 2025-26, likely settling near the midpoint of that range and surpassing the International Monetary Fund’s (IMF) forecast of 6.2%, finance secretary Ajay Seth said on Friday. Seth, however, said India’s public debt remained elevated and must be reduced […]
Financial Insights That Matter VMPL Mumbai (Maharashtra) [India]May 2: The 3rd CXO Meet, organized by Grameen Foundation for Social Impact (GFSI) in association with the Business Correspondent Federation of India (BCFI) and supported by Gates Foundation, concluded successfully on April 26 at Windflower Resort & Spa, Goa. Held over two action-packed days, the convening brought […]
Financial Insights That Matter NEW DELHI: While sounding upbeat about the economy, finance secretary Ajay Seth on Friday underlined the need to ensure fiscal consolidation and remain agile to deal with challenges facing the economy.“India can’t remain fixated. We have to be adept and agile, and as things are evolving, we cannot take things for […]
Financial Insights That Matter Recent projections indicate that India needs to integrate 145 million women into its workforce to achieve its $30 trillion economy goal by 2047. However, women continue to face significant barriers in accessing financial resources and information compared to men, thereby limiting their ability to engage in economic activities, particularly entrepreneurship. Strengthening […]
Financial Insights That Matter Despite rising only fractionally from 58.1 in March to 58.2 in April, the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index showed the strongest improvement in the health of the sector for 10 months. The headline figure was spurred by faster increases in stocks of purchases, employment and production. Output rose […]
Financial Insights That Matter ** India’s Equitas Small Finance Bank EQUITASBNK falls 6% to 62.70 rupees; on course for worst daily pct drop since October 2023 ** EQUI down for second consecutive session as Q4 profit drops 80% y/y on surge in credit costs ** Emkay Global Financial Services calls results “dismal”, cuts FY2026 and […]
Financial Insights That Matter By Sarita Chaganti Singh and Ariba Shahid NEW DELHI/KARACHI (Reuters) – India has asked the International Monetary Fund to review loans disbursed to Pakistan, an Indian government source told Reuters on Friday, as tensions between the South Asian neighbours escalated following a deadly attack in Kashmir. India and Pakistan have announced […]