Assurant Financial News
02.11 / 21:05
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awards
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2020
The $450 mn void staring at TCS
Tata Consultancy Services Ltd boss K. Krithivasan is battling a new problem that is not the company’s making: Making up for a nearly $450 million loss in annual business. Earlier this week, Deutsche Bank announced that it will shut almost half of the 550 branches of Postbank over the next two years as Germany’s biggest bank sees more customers prefer online banking than walking into a branch.
02.11 / 21:05
Provident
Assurant
country
shock
India-Sri Lanka Business Summit: Sitharaman stresses on bilateral arrangements in regional currencies
Nirmala Sitharaman on Thursday said that the global multilateral treaties are now receding. She also said that there is clear interest in having bilateral arrangements in regional currencies. Speaking at the India-Sri Lanka Business Summit in Colombo, Sitharaman said: “Global multilateral treaties are now receding.
02.11 / 21:05
Manufacturing
Assurant
Apple
Parke
electronic
folk
information
Karnataka eyes $3 bn for chip, related biz
NEW DELHI : Karnataka information technology minister Priyank Kharge said the state aims to corner investments worth $2.8-3 billion in the semiconductor-related electronics manufacturing sector, converting at least 50% of them by March 2024. He said the state is willing to tweak incentive and labour policies to attract major players along with their supply chains.
02.11 / 19:49
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Cooper
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Interface
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UPI in Sri Lanka soon, talks on economic pact in progress: FM Sitharaman
Nirmala Sitharaman on Thursday said India and Sri Lanka have made good progress in negotiations on the proposed Economic and Technology Cooperation Agreement, and the Unified Payments Interface (UPI) payment system will soon be launched in the island nation. Speaking at an event to commemorate the 200th anniversary of the arrival of Indian-origin Tamils in Sri Lanka, Sitharaman said both nations are further «deepening our civilisation ties» with connectivity as the new focus area. «As we enhance connectivity between our two countries, we build enduring bridges of experiences and opportunities for our peoples.
02.11 / 15:43
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reports
Maratha Quota Row: Activist Manoj Jarange Patil ends fast after assurance of 'fool proof reservation'
Manoj Jarange Patil on Thursday has reportedly agreed to end his indefinite fast after a delegation from Maharashtra government met with him. Maratha quota activist Manoj Jarange Patil ended his 9-day-old fast, and asked the government to resolve issue within two months.
02.11 / 14:03
Citi
Digital
Platform
Assurant
electronic
exclusive
reports
NOT
Over 80 pc Indian retailers do not see e-commerce as a threat: Report
Indian retailers surveyed do not feel e-commerce is threatening their operations, with only 18 per cent saying that their sales have been impacted by online selling platforms, claims a study. The top industries witnessing the highest contribution from offline sales are FMCG & Retail (97 per cent), Food & Beverage (95 per cent), and Consumer Durable & Electronics (93 per cent). MSME-focused digital lender in India NowGrowth surveyed around 3,000 Indian retailers and shoppers across more than 25 top cities in India, wherein it was found that at-home delivery remains a top priority for shoppers, with 60 per cent of offline retailers receiving customer requests to start home delivery services.
02.11 / 13:27
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CEO
Assurant
innovations
Department
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New Dawn
Cross-border
A new dawn for cross-border payments
₹15 crore, and raise it to ₹25 crore by 31 March, 2026. According to Movin Jain, founder of Skydo, a cross-border payments company, the neworth criterion may burden some startups. “But I do feel that it is important because the RBI recognizes that unless you have strong financials, it is difficult to get assurance to consumers i.e.
02.11 / 12:37
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Make Your Diwali Gifts Shine With Up to 21% Off on 8 Best Gold Bars in India (2023)
Investing in gold bars is not just a financial decision but also an emotional one. Gold signifies longevity and wealth, making it the perfect gift for those you cherish. But with rising prices, it's crucial to seize opportunities like these discounts to make your gift memorable. Explore the best deals and offers available for gold bars in India in 2023. Discover where to find these exclusive deals, the brands offering them, and how to choose the right gold bar for your occasion. With these discounts, gifting gold becomes more affordable, allowing you to express your love and best wishes in the most precious way.
02.11 / 11:05
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economy
President
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reports
Pakistan to hold general elections on February 11 after months of uncertainty
General elections in Pakistan will be held on February 11, the election commission informed the Supreme Court on Thursday, putting an end to months-long uncertainty over the polls. The Election Commission of Pakistan's counsel, Sajeel Swati, said the process of drawing constituencies would be completed by January 29, paving the way for the polls.
02.11 / 11:05
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Remark
Enterprise
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Dhanteras 2023: Should you start investing in stocks through mutual fund SIPs?
systematic investment plan (SIP) method hold good for stock investments too? Undoubtedly, channelling your investments into stocks via the SIP route can effectively mitigate the risks associated with equity investments. The rationale behind this lies in SIPs enabling investors to acquire stocks at various price levels over a designated period, effectively smoothing out the overall investment cost.
02.11 / 10:43
02.11 / 07:39
Provident
Platform
Action
Assurant
JPEX scandal
JPEX Scandal Won’t Deter Hong Kong’s Web3 Market Development, Says Treasury Secretary
Amidst the $213 million scandal involving the cryptocurrency exchange JPEX, the Hong Kong government has maintained its commitment to advancing its Web3 vision for the region.
02.11 / 06:57
02.11 / 04:01
Citi
Provident
Assurant
Mobile
information
reports
services
Maratha reservation protest: Internet services suspended in Chhatrapati Sambhajinagar
Maratha reservation protest: Internet services have been suspended in Chhatrapati Sambhajinagar district – both rural and urban areas – of Maharastra on Thursday, November 2 in connection with the Maratha reservation protest. The law and order situation, caused by the Maratha reservation protests, has worsened over the last few hours, prompting the authorities to suspend the Internet services in the Chhatrapati Sambhajinagar district on Thursday.
01.11 / 16:12
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WhatsApp
queer
Same-sex marriage: Review plea submitted against Supreme Court's October 17 verdict
Chief Justice D Y Chandrachud, refused to provide legal recognition to same-sex marriage, saying there was "no unqualified right" to marriage with the exception of those that are recognised by law. Unanimously, all the judges observed it is within Parliament's ambit to change the law to validate such union.
01.11 / 15:23
FIVE
ETF
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Parke
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NFO Alert: Quant Mutual Fund launches Quant Momentum Fund; all you need to know
Quant Mutual Fund announced the launch of the Quant Momentum Fund. The scheme opened for public subscription on October 30, 2023, and will close on November 13, 2023. The scheme re-opens for continuous sale and repurchase within five business days from the date of allotment.
01.11 / 12:37
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Pakistan, IMF to start negotiations on Thursday for release of second tranche $710 million of loan
Pakistan and the International Monetary Fund (IMF) will start their negotiations on Thursday for the release of $710 million second tranche of a $3 billion loan. A review mission from the IMF will arrive in Islamabad on Thursday and review the economic performance of Pakistan during the first quarter -- July to September-- of the current fiscal year.
01.11 / 09:25
Waters
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WhatsApp
Highways
reports
Maratha Quota Stir: ‘Will quit drinking water from this evening if…', Activist Jarange
Maratha community is not fulfilled by the Maharashtra government, according to a report published by the news agency PTI. "Leaders of all parties who are in Mumbai should ask the state government to call a special session of the state assembly and declare Maratha reservation. If this is not done, I will quit drinking water from Wednesday evening.
31.10 / 22:29
Provident
Action
Assurant
Discover
Bill
Department
£300 Cost of Living payment arriving in bank accounts: Who’s eligible and here's the code to spot it
households across the UK are poised to receive a £300 cost of living payment starting from today. The relief is part of a government initiative to support those on specific benefits during a challenging economic period. Households meeting the criteria need not take any action to claim this tax-free payment, as it will be automatically deposited into their bank accounts. However, there is a specific code to look out for in your bank statement to confirm that it's the cost of living payment.
31.10 / 18:09
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Hallmark
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Divinity
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Silver
Amazon sale 2023: Up to 20% OFF on Silver Coins a complete gifting pack
During Diwali, it is a common tradition to exchange gifts as a symbol of love and prosperity. One popular gift choice is silver coins. Gifting silver coins during Diwali holds great significance as it is believed to bring good luck and blessings to the recipient. Silver is considered auspicious and is associated with wealth and purity. This Amazon Sale has covered all the beautiful silver coins that are rare to find in the market, so, wait no longer. Grab your’s today!
31.10 / 15:13
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economy
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pandemic
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A sustained consumption boom is far from assured yet
Bank of India (RBI) released data in September that showed how the incremental flows of financial liabilities of Indian households have been rising sharply over the past two years, though it is still not clear whether they borrowed money to support consumption or to buy new homes (which shows up in national statistics as an investment activity). Third, households with a steady income still have some excess savings that were accumulated during the two major covid lockdowns. Financial savings of households had gone up sharply in fiscal year 2020-21, as people were either unable or too worried to spend.
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