Mumbai: Mahindra & Mahindra Financial Services reported a 10% year-on-year fall in profit in the quarter to March amid a sharp rise in provisions and higher finance costs. Standalone net profit fell to ₹619 crore in the quarter from ₹684 crore a year ago, largely as total provisions increased to ₹341 crore in March 2024 … Read more
In a world where financial stability and wealth accumulation are coveted goals, mastering the art of effective money management has never been more critical. Whether you’re starting on your journey to financial success or looking to fine- tune your existing strategies, understanding the principles of smart money management is the key to building wealth and … Read more
Nirmala Sitaraman, Finance Minister and S. Gurumurthy, Editor, The Thuglak, sharing a moment at the memorial function in honour of B.S. Raghavan, IAS in Chennai on Saturday. | Photo Credit: RAGHUNATHAN SR Finance Minister Nirmala Sitharaman on Saturday recalled her interactions and the advice given to her by former bureaucrat B.S.Raghavan, who passed away recently. … Read more
In a society where the accumulation of wealth often defines success, the quest for a meaningful balance between financial prosperity and personal fulfillment becomes paramount. This GroYourWealth guide delves into the essence of nurturing your financial well-being through approaches that marry monetary growth with your innermost desires and life goals. Doing so ensures that your … Read more
Don’t put all your eggs in one basket. We’ve all heard that. This advice stems from the unfortunate scenario where, should the basket fall, all your eggs will break. This outcome is unfortunate yet entirely preventable. The key? Put your eggs in different baskets. That way, should one basket tumble, the other eggs remain safe. … Read more
Kerala Finance Minister K N Balagopal goes through the last minute preparations ahead of the presentation of the State annual budget in the state Assembly, in Thiruvananthapuram on Feb. 3, 2024. | Photo Credit: PTI Finance Minister K. N. Balagopal will present the Kerala Budget for the 2024-25 fiscal and the Vote on Account at … Read more
Credit card providers have traditionally offered perks such as airport lounge access to entice customers. However, these benefits have gradually been curtailed, leaving cardholders wondering why. For instance, after HDFC Bank, Axis Bank and SBI Card, ICICI Bank recently modified its airport lounge access benefits and reward points rules on 21 credit cards. According to … Read more
With announcement of new notification, Census to be delayed till at least October 2024 The deadline to freeze the administrative boundaries of districts, tehsils, towns, and municipal bodies, among others, has been extended till June 30, 2024, a senior government official told The Hindu. This means that the decennial Census exercise, initially scheduled to be … Read more
Vivek Joshi, Secretary, Department of Financial Services, in New Delhi. | Photo Credit: KAMAL NARANG The roadmap for 2047, includes an average growth of 7% to 7.5%; rise of domestic savings to 31% of GDP; rise in credit-to-GDP ratio to 130% among others, said Vivek Joshi, Secretary, Department of Financial Services, Ministry of Finance on … Read more
ETMarkets spoke to Sonia Dasgupta, MD & CEO, Investment Banking, JM Financial on how she keeps herself mentally fit and her journey of becoming a banker. Source link