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Samvardhana Motherson International with a target price of Rs 180. The current market price of Samvardhana Motherson International Ltd. is Rs 147.6. Samvardhana Motherson International Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 100087.74 Crore) operating in Auto Ancillaries sector.

Mumbai, May 28, 2024: Krishival Foods Limited (NSE: KRISHIVAL), incorporated in 2014, is one of the fastest growing FMCG company focused on nuts and dried fruits. The company markets its products under the brand ’Krishival Nuts.’ The Company has announced its Audited financial results for the half Year ended March 31, 2024 and for the year ended March 31, 2024.

The market for financial advice is getting larger and at a faster pace, according to a new report. But what are the drivers?

Personal loans can be both beneficial and detrimental to financial planning. Let's go more into both the positive and negative aspects.

If you are a regular on LinkedIn, the term FIRE will be very familiar. The acronym, when dismantled, stands forFinancial Independence, Retire Early. There are numerous stories of how people have hacked this status of FIRE in their lives and in turn the lessons learnt, which through such posts, get passed on to others.

MUMBAI:The account aggregator (AA) framework, regulated by the Reserve Bank of India (RBI), can significantly simplify financial tracking for smaller companies and individuals, according to BG Mahesh, chief executive of Sahmati, at the Mint Digital Summit 2024. Sahmati is a member-driven industry alliance dedicated to promoting and strengthening the AA system.“In offline, the cost of processing a file is high.

In today’s dynamic economic landscape, the role of financial leadership in infrastructure development has become more critical than ever. Infrastructure projects, ranging from civil construction, transportation and energy to healthcare and education, form the backbone of a nation’s growth and development.

A home loan is a long-term financial commitment and not everyone is prepared for it. However, if you consider the kind of benefits you get financially from home loans, this financial tool really helps you build one of the most valuable assets not just for you but for the generations to come.

MUMBAI:PocketATM, a fintech startup facilitating cash withdrawals from neighbourhood grocery stores, is expanding its customer base beyond senior citizens and people with mobility challenges."We are building doorstep banking at PocketATM via supply from neighbourhood stores instead of bank ATMs and branches, so essentially, we are elevating convenience," said Mihir Mehta, chief executive, PocketATM, at the Mint Digital Innovation Summit 2024.Founders Mehta and Sushil Kurri spoke about financial inclusion discussed financial inclusion through digital innovation, highlighting how their doorstep cash delivery service, branded as 'Gharpe,' literally meaning at home, will attract more consumers."We want to become the Blinkit for banking," Mehta told Mint on the sidelines of the event on Friday.The startup, which raised $400,000 in February, plans to expand beyond metros. PocketATM intends to extend its services to tier 2 and tier 3 cities by encouraging merchants to exchange cash for customers using UPI transactions."While India has gone digital, the whole ecosystem is very cost heavy, and there is unorganized cash management, which is what we are trying to solve," said Mehta.PocketATM is also targeting foreign tourists, partnering with Cheq, a UPI payments app for foreign tourists and non-resident Indians visiting the country, to facilitate cash withdrawals.The fintech has incorporated advanced features such as geolocation and geotagging, enabling merchants to indicate their availability.

The Education Department was already more than a year behind schedule on rolling out the new Free Application for Federal Student Aid. Then, last October, staffers were alerted to a major oversight: The formula for determining aid didn’t account for inflation. The system had to go live in December.

Americans got their household finances in order during the COVID recession, thanks to billions and billions of dollars in government support. By shoveling out all that relief, however, good old Uncle Sam saw his balance sheet substantially deteriorate.

Canadian households have gotten good news on the cost-of-living front so far in 2024, with monthly inflation figures showing prices are rising below three per cent annually for the first four months of the year.

Financial Times report that targeted Indian conglomerate AdGroup Article was just for noise, noted global financial services firm Cantor Fitzgerald, asserting that the financial market appeared to have shrugged off the said report. The financial advisory firm's report said that the market is inferring that the media article against the conglomerate was an «immaterial story.»

Indian equities worth ₹27,258 crore across 14 sectors between May 1 and 15, as per NSDL data. Financial services and information technology sectors witnessed the highest selloff in the same period. Foreign investors offloaded shares worth ₹9,687 crore and ₹5,574 crore in the financial services and IT sectors, respectively. In April, the two sectors witnessed selling of over ₹9,000 crore each. In 2023, financial services had received foreign inflows worth ₹52,900 crore while IT saw selling worth ₹7,066 crore. The construction sector witnessed foreign selling worth ₹3,811 crore in the first half of May after they bought shares worth ₹280 crore in April. Oil & gas and fast-moving consumer goods (FMCG) also saw foreign selling worth ₹2,808 crore and ₹1,158 crore respectively.

The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company Synapse, which acts as a middleman between financial technology companies an...

Canada’s top bank regulator says the biggest red flags on the country’s financial horizon over the next year are real estate secured lending and mortgage risks.

financial savings to 6% of GDP in FY24 from 5.1% in the previous year, Goldman Sachs said in a report on Wednesday. “This (increase in net financial savings) is mainly driven by our estimate of higher gross financial savings of 12.5% of GDP (vs 11.0% of GDP in FY 2023) owing to our estimate of higher bank deposit growth,” it said. The global investment bank’s research unit noted that gross financial savings are expected to outpace the increase in household financial liabilities in FY24.

Sentiment among U.S. workers about their financial wellbeing has improved in 2024, according to new research from Bank of America.

Also Read: Stay on course! Avoid changing lanes frequently in SIP, says WhiteOak Capital Mutual Fund Establishing achievable and well-defined investment objectives lies at the bottom of sound investing, specifically when one considers the case of SIPs. Regardless of whether the purpose is to accumulate a fund for adventure, to buy a home, to invest in education, or to plan for retirement, clear goals help investors to navigate their journey. The choice of SIPs that are in line with personal financial goals is very critical.

With the Indian economy on a robust growth trajectory, buoyed by record-high forex reserves, stable inflation rates, and a burgeoning middle class with increased purchasing power, the real estate sector stands out as a lucrative avenue for investors seeking substantial returns. With the rapid digitalization of the Indian economy, technological advancements have revolutionized the real estate industry, making investment processes more efficient and accessible.

Have you ever thought about how you can leverage debt instruments to meet your short-term financial goals? The biggest advantage with investment in bonds is that they can be easily converted into cash, so liquidity can never be an issue.