Financial Financial News

Ensuring financial independence and security in the later years of life is a cornerstone of financial planning.

Tether has invested $18.75 million in XREX Group to enhance cross-border payments and foster financial inclusion in emerging markets.

Also Read: NFO Alert: Mahindra Manulife Mutual Fund launches Mahindra Manulife Manufacturing Fund; all you need to knowThis is an open-ended equity scheme investing in the financial services sector. Speaking on the launch, Samir Arora, Founder, Helios Capital, said, “Helios Financial Services Fund serves as an avenue to benefit from the robust growth potential of the Indian financial services sector and is suitable for investors looking for long-term wealth creation or investment in equities of companies engaged in financial services".The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-related securities of companies engaged in financial services.

Adani One, the super app being built by the Ahmedabad based Adani group has launched a cobranded credit card with private sector lender ICICI Bank.

rally, taking heart from the exit polls which have predicted a massive mandate for the Modi government once again. In today's trade, shares of ZEE, M&M Financial, Dr Reddy's, Wipro, Biocon among others will be in focus today due to various news developments. ZEE

Focus Financial partner firm Institutional and Family Asset Management, LLC, is to join Kovitz Investment Group Partners in a deal which will create a wealth management powerhouse managing around $16 billion.

Brandolini formulated this insight after reading Daniel Kahneman’s book, Thinking, Fast and Slow, and watching a heated political debate on Italian TV. Having watched many TV debates in India, I fully sympathise with Brandolini. The nonsense does tend to flow freely in political debates on TV. However, that’s not what I want to discuss. Apart from TV, the rise of social media and its army of finfluencers have made this principle more relevant than ever. These influencers often peddle bad personal finance advice with little accountability, leading many to make poor financial decisions based on dubious recommendations. In investing, the problem is exacerbated by an industry that actively encourages people to deceive themselves. This issue has become so pervasive that Sebi is starting to take serious action against it.

Mint.“We’re very bullish on India’s growth story. One of the biggest advancements I have seen is that infrastructure is improving and the economy is growing robust which has led to the emergence of innovative companies, especially in deeptech," Chaturvedi said.Hades—which is sector-agnostic—invests directly in companies and indirectly through fund managers.

JM Financial Group has decided to fund real estate projects through the alternative investment fund (AIF) route and syndications, moving away from its on-balance business model.

Christian Nwasike, principal and executive managing partner at Practice Management Consultants, has been “involuntarily removed” from the Association of African American Financial Advisors (AAAA), a nonprofit organization, InvestmentNews learned Friday.

As parents we make a lot of sacrifices for our children, and this extends to potentially risking our own financial security to help them out even in adulthood.

TransUnion CIBIL was founded in 2000 as one of the oldest credit bureaus. It is a custodian of data as a credit bureau and this credit information is submitted by banks, NBFCs and all the credit institutions across India. TransUnion CIBIL analyses this data using proprietary algorithms and computes a three digit numeric indicator which indicates any consumers creditworthiness. It also talks about how well he/ she has managed his credit in the past.As one of the oldest bureaus and leaders in this segment, TransUnion CIBIL has a mission to empower consumers and businesses alike and also enable lending institutions with information solutions to power affordable and faster access to credit for consumers and businesses and foster their growth. It works extensively towards improving financial literacy and towards imparting credit education in initiatives that are aimed at increasing financial inclusion. Disclaimer: This article has been produced on behalf of the brand by HT Brand Studio. The content is for information purposes only and does not constitute financial advice. Milestone Alert! Livemint tops charts as the fastest growing news website in the world

Sun Pharmaceutical Industries: The pharmaceutical company has agreed to a preferential offer to acquire a 14.28% stake in the Indian Foundation for Quality Management for ₹12.5 crore. Meanwhile, the US FDA announced that a US-based unit of Sun Pharma is recalling 35,069 bottles of medication used to treat high pressure inside the eye due to glaucoma or other eye diseases.Apollo Hospitals Enterprises: The company reported a consolidated net profit of ₹253.8 crore for the quarter ended March, a 76% increase from the same period a year ago, driven by reduced losses in its pharmacy, health, and lifestyle segments.

New Delhi: Max Life Insurance Company Limited (Max Life) 's flagship study, the India Protection Quotient Survey (IPQ), in partnership with KANTAR, has revealed insights into the financial preparedness of the LGBTQIA+ community in India from the perspective of life insurance. 

Jio Financial Services (JFSL) has launched a new app named Jio Finance which is poised to compete with other major fintech applications. The app is currently in a beta testing stage and will be fine tuned after user feedback, the company said in a filing to the stock exchanges on Thursday. Jio Finance will offer UPI payments, bill payments, insurance advisory and digital banking. Eventually Jio Financial Services will offer credit products like loans against mutual funds, home loans and others to its customers through the app.

Arete Wealth has announced a deal to bolster its presence in California with a new branch office and more than $800 million in AUM.

₹-0.19, marking a significant decrease of 304.7% year-over-year.Greencrest Financial Services delivered negative returns of -4.72% in the last week, while showing positive returns of 31.17% in the last 6 months and 3.06% year-to-date.As of now, Greencrest Financial Services holds a market capitalization of ₹36.92 Cr with a 52-week high/low of ₹1.32 and ₹0.59 respectively.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹-6.8CrQuestion : What is Q4 revenue?Ans : ₹8.28CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

Generative AI is poised to reshape the landscape of financial advice for retail investors, with more GenAI tools emerging as a prominent source of advice, according to a new report from Deloitte.

An international group of tax chiefs – J5 – has advocated financial institutions to be mindful of crypto risk-indicators, prone to illicit activities.

academic insights, and broaden their horizons. Before embarking on this exciting journey, students must navigate the financial logistics required. To study in Canada as an international student, one must demonstrate adequate proof of financial support, covering both study and living expenses, along with a minimum amount for any accompanying family members. Notably, between 2019 and 2021, Immigration, Refugees, and Citizenship Canada (IRCC) reported that 10% of rejected student visa applications were due to insufficient funds. To avoid such setbacks, thorough preparation is essential. In this article, the discussion will center on what proof of financial support entails and how to obtain a Guaranteed Investment Certificate (GIC) to fulfill these requirements to study in Canada as an international student. What is Proof of Financial Support?

Zydus Lifesciences Ltd. with a target price of Rs 1196. The current market price of Zydus Lifesciences Ltd. is Rs 1039.3. Zydus Lifesciences Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 105126.30 Crore) operating in Pharmaceuticals sector.