Equality Financial News

These women broke through the shackles and carved a niche for themselves in the financial space/realm

Every year, in March, we celebrate International Women's Day. The objectives of this day include empowering women to get equal rights in all areas. One of the objectives includes making women financially independent. It can be done by providing equal opportunities for women to participate in the workforce through jobs, self-employment, entrepreneurship, etc. The government, industry, and various other stakeholders are doing their bit to encourage women's participation in the workforce.

I presume that it would be legal for taxation purpose in case we form a HUF with the following structure as we have 2 coparceners.

Frequently, the focus is on discussing the wealthiest men globally, yet it’s worth considering the presence of affluent women among us. One might assert that their number is limited, prompting us to emphasize the importance of women being equally adept at managing finances as men. This could stem from women potentially repeating financial errors or making imprudent decisions due to hesitancy in sharing money-related matters with peers.

Indian IT industry has seen significant progress in gender diversity with more women now in entry and mid-level workforce. However, their fair representation at the top and male-dominated corporate boardrooms is still disproportionate and «needs a lot of work», according to tech leaders. Any organisation which does not encourage, and indeed, proactively work towards equitable gender representation is unlikely to have a long business life span, even client acceptance, experts said adding companies need to offer flexi-scheduling and enable remote work options where needed, to support women juggling their professional responsibilities with their personal commitments and caregiver roles.

International Women's Day in 2024, it's imperative to recognize the strides women have made in various spheres of life, from business and leadership to family and community. However, amidst these celebrations, it's crucial to reflect on the journey ahead and the ways in which women can continue to invest in themselves to foster growth in their careers, families, and overall lives. Investing in oneself is not just a financial endeavor; it encompasses a holistic approach to personal and professional development.

savings, which can lead to financial stress in the future. They must strike a balance between their familial responsibilities and their financial goals. They must ensure that they are investing in themselves and their future, without neglecting their family's needs. Whether you're single, married, or divorced, navigating these challenges can be tough.

In the 1990s, South Korea faced a pivotal moment in its economic development. At the time, the country was rapidly industrializing and seeking ways to sustain its economic growth. Recognizing the untapped potential of half its population, South Korea embarked on a series of reforms aimed at increasing women’s participation in the workforce and promoting gender equality.

reports claimed. These include all 3,691 Archaeological Survey of India (ASI)-protected ticketed monuments/museums including Taj Mahal in Agra, Red Fort and Qutab Minar in Delhi, Sun Temple in Konark, Ellora caves and Khajuraho in Madhya Pradesh. Check list here Free entry to these monuments will be provided to all women visitors from India and across the world.

In May 1988, Alejandra Arévalo became the first female geologist to enter an underground mine in Chile. In doing so, she defied a popular myth: that a woman brings bad luck by venturing into a mine. She also broke the law.

Come Women’s Day, many companies jump onto the bandwagon of diversity and inclusion, often through well-crafted but clichéd advertisements that feature women overcoming regressive situations. A case in point is the new advertisement of a service company that advocates dignity of labour for women professionals who work in salons. The ad features a young salon professional wearing company colours who drives home in a car and has to face an angry younger brother, smarting from the ridicule he has been subjected to by “bade bhaiyyas" in their building.

women borrowers rising at a faster pace than their male counterparts, a report by credit bureau CRIF Highmark said. The portfolio outstanding of women borrowers grew to Rs30.95 lakh crore in December’23, from Rs 26.00 lakh crore in December’22, up by 19 percent compared to a 17 percent growth in the overall retail portfolio which went up to Rs 117.36 lakh crore in Decmber’23, from Rs 100.29 crore in December’22 registering a year-on-year growth of 17 percent data with the credit bureau showed. The number of women borrowers with active loan stood at 7.83 crore as of December 23, increasing from 6.65 crore as of December 22 with a year-on-year growth of 17.8 percent. The number of men borrowers with active loans increased to 20.17 crore as of December 23 from 17.83 Crore as of December 22, with a year-on-year growth of 13.1 percent.

Shehbaz Sharif on Thursday thanked his Indian counterpart Narendra Modi for felicitations on his re-election to the top political position in the country. Taking to microblogging platform X (formerly known as Twitter) the Pakistan prime minister said," "Thank you @narendramodi for felicitations on my election as the Prime Minister of Pakistan." Earlier on Tuesday, Prime Minister Modi congratulated Shehbaz on taking oath as the 24th prime minister of Pakistan. "Congratulations to @CMShehbaz on being sworn in as the Prime Minister of Pakistan," Modi posted on X.

International Women's Day on March 8th, 2024, it's a momentous occasion to celebrate the achievements, strength, and resilience of women across the globe. This year, we honor the indomitable spirit of women who have shattered glass ceilings, defied stereotypes, and championed equality in all spheres of life. In India, women have been instrumental in driving socio-economic progress, leading businesses, shaping policies, and nurturing communities. From boardrooms to classrooms, from laboratories to legislative assemblies, women are leaving an indelible mark with their intellect, innovation, and compassion. As we mark this day, let us extend our heartfelt wishes to all the incredible women who inspire us with their unwavering determination and unwavering commitment to excellence. Let us celebrate their triumphs, acknowledge their contributions, and reaffirm our commitment to gender equality and women's empowerment.

Article 370 by his government in 2019. PM Modi unveiled multiple projects worth more than ₹6,400 crore at the event before addressing the crowd. He also launched projects for the tourism sector under the ‘Swadesh Darshan’ and ‘PRASHAD’ (Pilgrimage Rejuvenation And Spiritual, Heritage Augmentation Drive) schemes.

As we mark International Women's Day, it is truly refreshing to see the growing number of women who are taking charge of their financial planning with a sense of empowerment and independence. In a society where gender roles are constantly evolving, women are breaking free from traditional constraints and asserting their financial independence like never before.

Anu Aggarwal, President & Head of Corporate Banking, Kotak Mahindra Bank “As we celebrate International Women's Day, it's a poignant reminder of the strides women have made in the world of finance, even more so in India. The finance sector is witnessing a remarkable evolution with increasing participation from women.

International Women's Day is celebrated globally every year on 8 March. Every year, women's Day is celebrated with a unique theme. The United Nations has decided this year's theme as ‘Invest in Women: Accelerate Progress’.

By Daniel Trotta

ALSO READ: International Women's Day 2024: 5 key reasons why young women opt for digital financial products The United Nations has decided this year's theme as ‘Invest in Women: Accelerate Progress’ is aimed at tackling economic disempowerment. While the campaign theme for the same year is 'Inspire Inclusion.' Though this campaign, the importance of diversity and empowerment in all aspects of society is emphasized.

Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will cut its key interest rate this year but that it first wants to see more evidence that inflation is falling sustainably back to the Fed’s 2% target