Aware Financial News

There’s rarely been a better time for financial advisors to work with employers to provide support to the millions of workers who need help with their money management.

personal loans cater to borrowers with lower credit scores, typically below 620, who may face challenges in qualifying for conventional bank loans. These loans carry elevated interest rates, intended to offset the heightened risk of borrower default for the lenders.These lenders prioritise a borrower’s repayment capacity, a departure from traditional lenders who heavily rely on credit scores as a measure of creditworthiness.

HUL: Is another weak quarter a cause of panic for investors?"In view of the above, the Board of Directors based on the recommendation of the Nomination and Remuneration Committee approved and adopted the revised Board Skill Matrix of the Company on 26th February, 2024," the report added.HUL will become among the first of the large companies which officially adopts an additional set of skill sets that its Board must have. Wile earlier some of the prominent skill sets were defined as a must have for the Board, this is the first time HUL has measured the extent of these skill sets that the directors have.According to the skillset statistics shared in the report, HUL found out that while 92% of its Board had leadership experience, barely 33% were aware about the details of cybersecurity, data governance and information technology.

London Drugs has confirmed that files stolen by hackers during a cyberattack in April have been leaked onto the dark web.

Label Padhega India' campaign, an important step in building domestic consumer activism and fostering awareness, underscores the inherent issues related to product labelling locally. Still, products aimed at more sensitive consumer segments, such as children, may undergo greater manufacturer scrutiny. «Label Padhega India campaign has the potential to become the second largest consumer campaign after the 'Jaago Grahak Jaago' campaign by the Indian government,» said Harish Bijoor, brand strategy specialist. «However, for that to happen, the digital marketing has to be strong. Companies will not pay heed to the campaign until it gains larger traction and manages to yield a change in consumer behaviour. The onus on the influencers is to garner traction for the campaign by advertising it on a larger scale across media.» Product labelling in India faces several issues — ranging from non-compliance with the regulations, language barriers, misinformation and misleading claims, inconsistent labelling standards, illegible labels, lack of transparency, inadequate enforcement of the labelling regulations and imported goods not meeting the Indian labelling standards.

disinvestment of state-run Shipping Corporation of India (SCI) and NMDC Steel will gather traction once the general election concludes in early June, a person close to the development said. The government is in the process of finalising the composition of the board of Shipping Corporation of India Land and Assets Ltd (SCILAL), created by hiving off the non-core real estate assets of SCI, to comply with regulatory requirements for the entity's listing. The Centre will invite financial bids for its entire 63.75% stake in SCI soon after the demerged entity, SCILAL, is listed. While SCILAL will remain with the government, SCI, with its core assets, will be privatised. Last year, the Maharashtra government waived off the stamp duty pertaining to the demerger of SCILAL, acceding to the Centre's request. The stamp duty, according to industry estimates, was in excess of ₹250 crore. With this, the government had crossed a key stage in its bid to get SCILAL listed. «These (privatisation of SCI and NMDC Steel) will be pursued vigorously after the election,» said the person quoted above.

NCLT) has granted more time to Hinduja Group-owned IndusInd International Holdings (IIHL) for securing the remaining regulatory approvals required to complete the resolution process of bankrupt Reliance Capital, according to two people aware of the matter. The order was delivered on IIHL's application on Wednesday, requesting an extension of the 27 May deadline for paying ₹8,000 crore to acquire Reliance Capital.

Swati Maliwal shared a video of Nirbhaya's mother and said she felt emotional but some might call her a “BJP agent."In a post on X, Swati Maliwal said, “Nirbhaya's mother has fought a long battle for justice in the country. She supported me even when I was fasting for punishment to child rapists.

₹1.5 trillion are lying scattered across the country because families are not aware of them. Of this, ₹35,000 crore comprises unclaimed deposits of investors relating to 102.4 million accounts, which was transferred to the Depositors Education and Awareness Fund. By writing a will and keeping it updated, one can keep their legacy secure and provide for future generations in their family line.

tax bracket. In addition to pay, arrears may involve other sources of income.

MUMBAI:In a significant setback to Gift City's ambitions of becoming a global financial hub, the much-anticipated merger between the two international exchanges located there, NSE IX and India INX, has been called off, according to two persons aware of the development.India INX is a subsidiary of BSE Ltd, while NSE IX is led by the National Stock Exchange Ltd.The merger was expected to enhance trading volumes and attract international investors to Gujarat's Gift City, where the average daily turnover on international exchanges runs into billions of dollars.The talks were called off by the BSE because discussions, on since 2022, had failed to make any headway, said one of the persons cited above.A BSE spokesperson confirmed that the merger talks are "off the table" but declined to comment on the reasons for the decision. Attempts to reach a spokesperson of the National Stock Exchange (NSE) were unsuccessful."The merger was driven by the IFSCA's objective of making Gift City a global financial centre rivalling the likes of Singapore, Hong Kong, Luxembourg, and Dubai.

beer named after terrorist Osama Bin Laden has caused a stir in the UK, with the brewery behind it temporarily shutting down its website due to overwhelming demand. The beer, named Osama Bin Lager, is part of a collection by Mitchell Brewing Co., which also includes Kim Jong Ale and Putin Porter, all featuring tongue-in-cheek names related to dictators. «We've woken up the last couple of mornings with thousands and thousands and thousands of notifications,» co-owner Mitchell said, highlighting the viral nature of the beer's popularity.

admit cards for the CS Executive and Professional Exams June 2024. Candidates scheduled to appear for the examinations, set to be conducted from June 2 to June 10, 2024, can now download their hall tickets from the official website at icsi.edu. ICSI CS exam 2024 admit card: How to Download ICSI Admit Card To access their admit cards, candidates must log in using their 17-digit Registration Number. The admit card is a mandatory document for exam entry, and students are urged to ensure they download and print a copy well in advance of the exam dates.

MUMBAI : KKR & Co. has set the stage for an exit from RE Sustainability Ltd, selling the municipal business back to its founders, and hiring bankers to find a buyer for the remaining industrial waste business. The global private equity firm is seeking a valuation of $1 billion for its entire stake, three people aware of the matter said on condition of anonymity.

Plant Based Foods Industry Association (PBFIA) on Tuesday urged the Food Safety and Standards Authority of India (FSSAI) to ease restrictions on the use of the term «milk» on packaging. Speaking at a summit here, PBFIA Executive Director Sanjay Sethi requested the FSSAI to allow uniform nomenclature, despite the current «this is not dairy» disclaimer on cartons, a statement said. Sethi called for FSSAI's chief executive officer (CEO) to engage with the industry, exchange ideas and foster collaboration to support startups and product innovation against bigger players. He proposed setting up "Plant Protein Clusters" across states to facilitate collaboration between institutes, startups and the government.

Recognising the need for quick and steadfast claims support, Policybazaar has launched its Claim Assurance Program to fast-track motor insurance claims. With a strong presence across 1000+ PIN codes, Policybazaar is targeting metro cities as well as tier 2 & 3 regions.

When it comes to investing, real estate and mutual funds are two popular options. Both have their intrinsic advantages and disadvantages, and it is imperative for the investor to understand these difference so that they can make informed decisions. At the same time, it is also crucial to be aware of their relative merits and demerits before taking the plunge.

The Indian real estate sector is experiencing a remarkable surge in green building and sustainability initiatives, encompassing every corner of the nation, particularly among luxury homebuyers. With a focus on reducing greenhouse gas emissions, improving energy efficiency, and adopting renewable energy sources, the country is actively working towards a greener and more sustainable future. The new generation of discerning homebuyers encompasses HNIs, NRIs, millennials, young professionals, and retired professionals who prioritize spacious green living spaces that are highly sustainable and well-equipped with modern amenities and safety features.

Ratan Tata-backed fintech platform Upstox has announced its foray into the insurance distribution business. HDFC Life is among the first insurers to partner with Upstox and feature its term insurance plans on the latter’s platform.

₹15,000 on childcare products. This includes essentials like diapers, baby food, skincare products and educational toys. “I wish there were more affordable options that didn’t compromise on quality.

Demat accounts. This is a serious issue and concerned authorities should look into it. Even few minutes of issue can lead to huge losses of common man.