Progressive Financial News

Now in their eighth year, the Investment Week Women in Investment Awards continue to have a vital role to play in helping accelerate the pace of change towards a more diverse and inclusive investment industry. The Women in Investment Awards recognise women who are going beyond their day job to have an impact at team, firm or industry level. They also honour investment companies that can demonstrate progress championing diversity and inclusion within their firms and across the industry. This year, we were delighted to receive 924 nominations from across the industry. Categories this...

Narendra Modi government nears completion of 100 days of the third term, Home Minister Amit Shah has said that 'One Nation, One Election' will be implemented within the next five years, that is before the completion of this tenure. Addressing a press conference on Tuesday, Shah highlighted the notable works carried out by the NDA government in 100 days of assuming office. «The government plans to implement one nation one poll within tenure of this govt,» he said.

US elections 2024 has been mostly about the current economic scenario of the country and his visions of making it progress further and also strengthen it over his Presidential tenure, if elected to the White House.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Walking Dead: Road to Terminus event will be launched in Call of Duty’s MW3 and Warzone from September 25 to October 2, 2024. Players can earn various rewards by hitting XP milestones.

Subscribe to enjoy similar stories. The year 1979 was a pivotal one in Sino-American relations. On a historic visit to the US, Deng Xiaoping, China’s paramount leader, met with US President Jimmy Carter at the White House and attended the Round-Up Rodeo in Simonton, Texas, where he donned a ten-gallon hat and charmed the crowd.

As an observer of financial markets, I see this as a positive development in our gradual progress towards wider financial inclusion. The Rs.250 SIP potentially opens the doors for many Indians who have previously been unable to participate in mutual fund investments. By lowering the entry barrier, Sebi invites a broader segment of our population to consider mutual funds as an investment option. This initiative aligns with one of the key objectives of mutual funds, particularly in the Indian context—to make a range of stocks and bonds accessible, with relatively small amounts of money. Mutual funds pool investments from numerous individuals, allowing them to access a diverse portfolio of securities that might otherwise be challenging for individual investors to compose independently. The Rs.250 SIP extends this concept further, potentially bringing professional fund management and diversified portfolios within the reach of more people.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Air Canada and the union representing its pilots have come to terms on a labor agreement that is likely to prevent a shutdown of Canada’s largest airline

Engineers across the country receive appreciation and recognition on this special day. Consequently, individuals can share heartfelt messages to convey their support and gratitude. For instance, a message could include: «Your dedication and ingenuity make a significant difference in shaping the world.» Engineers Day is an opportunity to acknowledge the profession and the vital role engineers play in society.

Subscribe to enjoy similar stories. In July 1810, a princess of Mewar—dressed in her best silks and jewels—consumed a cup of poison. Despite her appearance, it was not a pretty sight.

Indonesia and Vietnam signed multibillion-dollar energy transition deals in 2022 that were heralded as drastic shifts in financing that would enable the coal-dependent countries to pivot to cleaner energy

Generation X (35-50 years old) is expected to be at the helm of fintech companies and there is a consensus that bank-fintech partnerships are the future, according to a survey conducted by BFSI focused CXO search firm Venator Search Partners. Even globally, Generation X accounts for 51% of leadership roles. While they are expected to dominate the leadership positions in the digital organisations, millennials are also gradually occupying leadership roles and represent the largest percentage of the workforce, several of them are climbing the leadership ladder faster than any other generation. A bird’s eye view of the fintech space reveals that a big majority of the fintechs were founded over the last 5-7 years. Most of the founders of these companies are Gen X or millennials. Therefore, considering the age of the founders and the scale-up potential of these startups, there is an emerging vacuum in terms of mentorship, the report said.

US State Department said Thursday it was unconditionally releasing $1.3 billion in military aid to Egypt, at a time when Cairo and Washington have been working closely on a Gaza ceasefire deal. Last year, the United States had made the release of part of this annual aid conditional on progress being made on respecting human rights in Egypt, a country where ruler Abdel Fattah al-Sisi has been accused of suppressing dissent. This year, however, the State Department said Egypt had made «progress» in certain areas of human rights. It also explicitly mentioned Cairo's help in mediating between Israel and Palestinian armed group Hamas on the war in Gaza.

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Brilliant Detroit, the early childhood education nonprofit that supports children in underserved communities “from belly to 8,” plans to expand its unique neighborhood-based holistic model beyond The Motor City

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

NaBFID) can consider providing partial credit enhancement (PCE) or first loss default guarantees to infrastructure companies which will help improve the credit ratings for these projects and make it attractive for long-term investors like pension and insurance funds to invest in these products, Rajeshwar Rao deputy governor, Reserve Bank of India (RBI) said. «NaBFID could play a critical role in facilitating loans indication for large-ticket loans and play an elite role in supporting the secondary loan market association and development of credit markets as well. As NaBFID develops its internal rating models for credit appraisers, it may also be able to offer products such as credit default swaps, which would go a long way in ushering confidence in the foreign market space,» Rao who is in charge of department of regulations, enforcement and risk monitoring said. Under a PCE a financial institution like NaBFID provides a guarantee on a portion of the bond's repayment. This guarantee enhances the credit rating on the bond and also provides comfort to investors putting money in buying the security.

Arunachal Pradesh Chief Minister Pema Khandu pointed to the success of the Vibrant Village Programme, noting the transformative changes it has brought. Ongoing projects include the construction of 1,022 km of roads to connect 124 habitations. He attended the Border Area Development Conclave today, with Union Defence minister Rajnath Singh as the chief guest. The event organized by the Indian Army and Centre for Land Warfare Studies, was also graced by Union Minister Gajendra Singh Shekhawat. Khandu emphasized the importance of the conclave in enhancing the development of border regions and outlined the critical role Arunachal Pradesh plays in national security and development.

Siddaramaiah on Wednesday said he has written to the Chief Ministers of eight states regarding the «unfair» devolution of taxes by the Union government, and has invited them to a conclave in Bengaluru to collectively deliberate on the issues of «fiscal federalism». He said he has written to the Chief Ministers of Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Maharashtra, Gujarat, Haryana, and Punjab. «States with higher GSDP (Gross State Domestic Product) per capita, like Karnataka and others, are being penalised for their economic performance, receiving disproportionately lower tax allocations. This unjust approach undermines the spirit of cooperative federalism and threatens the financial autonomy of progressive states,» he said in a post on 'X' with "#OurTaxOurRight" hashtag. «I have invited them to a conclave in Bengaluru to collectively deliberate on the issues of fiscal federalism at a juncture when the Finance Commission needs to make a directional shift & create incentives for growth and better tax mobilisation,» he said.

Nagaland cabinet on Wednesday denied permission for the proposed Gau Dhwaj Sthapana Bharat Yatra in Kohima. The Yatra is to promote nationwide ban on cow slaughter and is scheduled to arrive in Kohima on September 28. On Wednesday, Minister for Forest, Environment & Climate Change, and Village Guards CL John, also a government spokesperson, said the Cabinet decision was made after considering the opposition voiced by various civil society organisations and political parties.