Bond yields are falling, life insurers may raise rates
MUMBAI: The fall in long-term bond yields, coupled with pressure from reinsurers, is causing private insurers to reevaluate their term insurance rates. Three of the top five private life companies are ...
Card dues & gold loans beat bank credit growth of 20%
MUMBAI: For banks, credit card outstanding and gold loans remain outliers in growth. The segments recorded a year-on-year increase of 26.2% and 29.7% respectively as of May 2024.This is much higher th ...
Turbulence in WaPo as daily loses dollars
The prestigious Washington Post is in crisis, with pressure on from owner Jeff Bezos to change its money-losing ways. The Post's managing editor abruptly resigned; a chosen successor withdrew under fi ...
Post Office Savings Schemes Latest Interest Rates: What are the PPF, SCSS, NSC, SSY rates for July-September 2024 quarter? Check List
Post office savings schemes latest interest rates: The government has decided to maintain the current interest rates for small savings schemes for the July-September 2024 quarter. This means that the ...
A global agreement on taxing the ultra-rich is technically feasible, states G20-commissioned report
MUMBAI: In a landmark report unveiled recently Professor Gabriel Zucman has called for the adoption of a coordinated global minimum tax standard targeting the ultra-rich. This initiative aims to impos ...
Yes Bank sacks at least 500 employees; more staff may be laid off in coming days
Yes Bank, a private sector lender, has recently laid off at least 500 employees as part of a restructuring exercise, according to multiple sources familiar with the situation. The layoffs, which could ...