Banking frauds have become common these days. From conning innocent people using SIM-swap frauds to phishing scams, cyber criminals in the recent time have found new and innovate means for scamming people out of their hard earned money. Now, a new report suggests that credit and debit card details of…
For the Finance Industry, Ignoring Women Comes at a Price: $700 Billion a Year
The male-dominated finance industry is missing out on more than $700 billion a year in revenue by failing to listen to or tailor products for women, according to management consultancy Oliver Wyman. “Women are arguably the single largest under-served group of customers in financial services,” Jessica Clempner, the report’s lead author, said…
The first personal finance book I ever read completely changed the way I think about and manage my money
There are many books out there about money. So many aim to teach you how to manage your money better, offering new conceptual tips and strategies to accomplish success. Personally, the best money book I have ever read taught me about perspective. By reading this book, I found myself with…
Family finance: Headstart in financial planning gives Sadekars enough time to meet goals
Umesh and Poonam Sadekar from Pune are both 29 years old and have a small portfolio, but the early start to financial planning means that they will be able to reach their goals due to the long time horizon. While Umesh is employed and gets a monthly salary of Rs 45,000, Poonam is…
Stocks of real estate companies and NBFCs rise
Mumbai: Shares of non-banking finance companies and real estate players gained on Thursday after finance minister Nirmala Sitharaman announced an alternate investment fund (AIF) to help the real estate sector finish pending housing projects. Analysts said gains would be capped as the package may not be enough to put an end to the woes…
Rs 25,000 crore fund should help ease realty distress, lift stocks
In a long-awaited booster package for the realty sector, the government on Wednesday announced the setting up of a Rs 25,000 crore alternative investment fund (AIF), aimed at providing relief to developers with unfinished projects to ensure delivery of homes to buyers. Analysts believe the move will be strongly welcomed by the…
