• Fri, November 29, 2024

by: Bill Williamson

Govt to focus on inflation control, financial stability in FY26 budget

by: Bill Williamson

Reeves swings her wrecking ball as more jobs go, mortgages rise and inflation returns

One type of business is set to boom, as a direct consequence of wrecker Reeves. Luke Johnson, chairman of bakery chain Gail's, said insolvency specialists were "rubbing their hands" at the prospect of a bumper year of company collapses. Reeves isn't the only problem, of course.

by: Bill Williamson

FM distributes Rs 1,388 cr in loans at Darbhanga credit outreach programme

Union Finance Minister distributed five copies of the Constitution each in Maithili and Sanskrit to distinguished citizens

by: Bill Williamson

Iowa tourism revenue hits record high, but workforce and sustainability challenges persist

Iowa's tourism industry reached a milestone in 2023, with visitor spending surpassing $7.3 billion—a 5.1% increase from 2022, according to the state's economic

by: Bill Williamson

Business Lookahead: Not much calm, plenty of storm in store

From the impact of President-elect Donald Trump's pledge to impose steep tariffs on some of the United States' major trading partners to South Africa becoming the first African country to lead the G20,

by: Bill Williamson

MHA vs. MBA: How Are They Different? Comparing Salaries, Job Opportunities & More

For healthcare professionals who want to enhance their careers and prepare for leadership positions, a master's degree is often good preparation for new opportunities. That's particularly true for individuals pursuing business or administration careers.

by: Bill Williamson

PureVPN Teams Up With ZIGChain to Make Web3 Safer

Web3 is all the rage these days, promising a decentralized internet where users call the shots. But with all this innovation comes some pretty big challenges—especially when it comes to security. That's where PureVPN,

by: Bill Williamson

Opening A Post Office PPF Account Made Easy: A Step-By-Step Guide

The PPF aims to foster a habit of disciplined savings among individuals by providing a secure and rewarding investment avenue

by: Bill Williamson

Why Chinese brands like Shein and Temu will dominate Black Friday

The e-commerce giants saw sales jump in the first half of November, while shoppers spent slightly less at major US retailers.

by: Bill Williamson

UBA Group Sets Foot in France with Full Banking Services

Kindly share this postAs part of President Bola Ahmed Tinubu's state visit to France, the Chairman of UBA Group, Tony Elumelu in the presence of President Tinubu and the President of France, Emmanuel Macron,

by: Bill Williamson

Tinubu Lauds Okonjo-Iweala's Reelection As WTO DG.Says her reappointment earned global trust

President Bola Tinubu has congratulated former Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala on her unanimous re-election on Friday as the Director-General of the World Trade Organisation (WTO).

by: Bill Williamson

Bajaj Finance RBL credit card: No new issue! What happens to existing users? Full details

RBL Bank and Bajaj Finance will no longer issue new co-branded credit cards. RBL Bank stated that this decision is in line with the Bank's plan to build a diverse range of partnerships including with NBFCs such as Mahindra & Mahindra Finance Limited,

by: Bill Williamson

Exclusive: HSBC pulling back from China credit card business after struggling to expand

HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second-largest economy, sources with knowledge of the matter said.

by: Bill Williamson

Lobbying ban proposal for former Minnesota legislators to resurface in 2025

by: Bill Williamson

Zenith Bank unveils Paris branch in grand style

by: Bill Williamson

Golding Farm Foods Welcomes Chris Lischewski as President to Drive Strategic Growth

Golding Farms Foods, a leading manufacturer of private label, branded, and co-manufactured sauces and dressings welcomes Chris Lischewski as President to drive strategic growth, operational excellence and innovation.

by: Bill Williamson

From Tech Job to Thriving Business: How One Entrepreneur Built a $20,000/Month Income

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. 24/7 Wall St. Layoffs can be a catalyst for change if you use them to your advantage.

by: Bill Williamson

Putin claims 'everything is under control' as inflation spikes and ruble plummets

The currency has depreciated to levels last seen at the onset of the war due to new sanctions. Heavily reliant on imports, the country is grappling with rising inflation exacerbated by military spendi

by: Bill Williamson

India plans to raise FDI limit to 100% in insurance, amend key provisions of 1938 Act

Finance ministry proposes amendments to Insurance Act of 1938, including raising FDI to 100%, seeking public comments by December 10.

by: Bill Williamson

India Inc thrilled over Finance Ministry's proposal to hike FDI Limit in insurance sector to 100%

Insurance industry welcomes Finance Ministry's reform proposals, including raising FDI limit to 100%, seeking stakeholder feedback for amendments.

by: Bill Williamson

ChatGPT Operator: How Contextual And Specialized AI Transform Work?

By integrating seamlessly with external tools and providing targeted solutions, these AI agents are set to redefine productivity and problem-solving across industries.

by: Bill Williamson

Zenith Bank expand global footprints with official commissioning of Paris Branch

by: Bill Williamson

Santander's European Co-Head of Leveraged Finance Leaves Bank

Louis L'Heureux, co-head of Banco Santander SA's leveraged finance team in Europe, has left the firm, according to people with knowledge of the move.

by: Bill Williamson

Uganda government to wholly finance $4 billion oil refinery through equity

At the end of the PFA, the government abandoned the private companies and sought public partners for the refinery.

by: Bill Williamson

No TDS on cash withdrawal by foreign representations from Dec 1: Income Tax department

As per section 194N of the Act, TDS is required to be deducted when an individual withdraws a sum exceeding Rs 20 lakh in cash during a fiscal year without having filed income tax returns for the previous three Assessment Years.

by: Bill Williamson

Meet Top 10 Companies Revolutionizing the Market and Transforming Their Sectors

In a dynamic and ever-evolving business landscape, 2024 is witnessing the rise of innovative companies shaping the future across diverse industries. From tech-driven solutions to creative storytelling,

by: Bill Williamson

Jack Ma returns to Alibaba campus, as China moves to boost business confidence

Jack Ma, founder of Alibaba Group Holding, on Friday visited the company's campus in Hangzhou, capital of eastern Zhejiang province, in a show of support for the e-commerce empire he created a quarter of a century ago,

by: Bill Williamson

Turnarounds uncertain at Macy's, Kohl's, Nordstrom as department stores enter the holiday season

Plus, off-price retailers such as Ross Stores (ROST) and TJX Companies (TJX) owned TJ Maxx and Marshall's, "are taking sales away from department stores constantly," Swartz added. But, the legacy department stores have still fallen behind digitally and questions surround whether they'll remain public companies in the future amid evolving shopper patterns and high operating costs.

by: Bill Williamson

Nigeria and France sign infrastructure and finance deals

Nigeria and France have signed two agreements to boost infrastructure development and food security while Nigerian lenders Zenith Bank and United Bank for Africa (UBA) expanded their operations into France.

by: Bill Williamson

Dubai unveils major new strategies for innovation, resilience and food security

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, approved the series of new initiatives to enhance Dubai's innovation ecosystem and strengthen its preparedness for future challenges.

by: Bill Williamson

India Q2 FY25 GDP Growth Data 2024 updates Live: Economic growth slows to 5.4%

Get all real-time and latest live news on India's Gross Domestic Product (GDP) growth in 2nd quarter of the 2024-25 Financial Year.

by: Bill Williamson

Adani saga a week on: market cap loss, negative outlook, cancelled deals & a fightback by group

US indictments landed a blow on Adani Group, with international deals being reviewed and ratings agencies changing outlook. But recent efforts have helped it claw back market cap.

by: Bill Williamson

GDP report: international business powers island's economy

Bermuda's international business sector accounted for almost a third of the island's gross domestic product last year, the economy minister said yesterday. Outlining the 2023 GDP report, Jason

by: Bill Williamson

NBK-Egypt reports $104.8mln in net profit by the end of Q3 2024

by: Bill Williamson

US business community calls for deeper China-US economic ties

by: Bill Williamson

Breaking barriers in finance: How ATME is set to reimagine regional capital markets with RWA tokenisation

Bahrain's regulated digital exchange dedicated to tokenised RWAs. Licensed by the Central Bank of Bahrain (CBB), ATME seamlessly integrates blockchain technology with traditional financial instruments to offer a secure and compliant digital marketplace that connects businesses seeking efficient funding pathways to fuel growth with investors exploring unique portfolio diversification opportunities.

by: Bill Williamson

15 up-and-coming AI-powered fintech startups, according to top VCs

Find out which AI-focused fintech startups are capturing VC attention, offering innovative solutions in finance.

by: Bill Williamson

CreditAccess Grameen raises approx Rs 390 crore in co-financing from DEG and Citi

Euro 25 million (around Rs 223 crore) was raised from the German Investment Corporation DEG and Rs 170 crore from Citi in a co-financing arrangement.

by: Bill Williamson

EPFO's Central Board of Trustees to meet on November 30, several investment related decisions to be taken up

The Central Board of Trustees of the Employees' Provident Fund Organisation is set to meet for the first time this fiscal year on November 30 and will take up several important proposals around investments including the redemption policy for investments into equity traded funds.

by: Bill Williamson

ERP vs CRM: Understanding the Key Differences

Confused about the difference between CRM and ERP? Discover how each system can enhance your business operations in our comprehensive guide.

by: Bill Williamson

I put my dreams on hold for a stable career in finance. 6 years in, I gave up my 6-figure salary to move to Hawaii and start over.

Adam Knorr started working in finance after college but always knew it wasn't for him. After quitting right before a promotion, he moved to Hawaii.

by: Bill Williamson

Zenith Bank Expands Global Footprints With Paris Branch Launch

Zenith Bank Plc has expanded its global footprint with the opening of Zenith Bank (UK), Paris Branch. The official commissioning, which took place on

by: Bill Williamson

CreditAccess Grameen enters into co-financing arrangement with DEG and Citi

by: Bill Williamson

ESAF Small Finance Bank facing significant asset quality stress, mainly in Tamil Nadu and Kerala

ESAF Small Finance Bank has reduced its microfinance exposure from 72% to 62% and plans to further decrease it to 40% by the financial year 2026.

by: Bill Williamson

Lombard Odier indicted in Switzerland over money laundering

The Swiss Attorney General's Office (OAG) said on Friday it had indicted private bank Lombard Odier and one of its former employees over aggravated money laundering.

by: Bill Williamson

Dos and don'ts of borrowing from lending apps: Tips for safe and smart borrowing

Lending apps have revolutionized the way people access loans by making the process quick and convenient. However, borrowing money through these apps comes with its own set of risks. If not handled wisely, it can lead to financial strain or scams. Here's ...
  • Sat, November 30, 2024

by: Bill Williamson

Help! I have a job and side hustle making Sh82,000 per month, yet I live hand-to-mouth

In the meantime, focus on expanding your business for higher returns ... Invest in improving your skillset and learn more about personal finance to manage your money effectively. Got money questions?Send us an email at [email protected] and leave ...

by: Bill Williamson

18 Indian billionaires who built their wealth in Africa

Here are 18 Indian billionaires who turned Africa into their land of opportunity: Naushad Merali, Sunil Vaswani, Narendra Raval

Dos and don'ts of borrowing from lending apps: Tips for safe and smart borrowing

Lending apps have revolutionized the way people access loans by making the process quick and convenient. However, borrowing money through these apps comes with its own set of risks. If not handled wisely, it can lead to financial strain or scams. Here's ...
The article from Moneycontrol discusses the dos and don'ts of borrowing from lending apps, emphasizing the importance of safe and smart borrowing practices. It advises borrowers to thoroughly research the app's credibility, check for regulatory compliance, and read user reviews before downloading. Key tips include understanding the terms and conditions, being wary of apps that ask for excessive permissions or upfront fees, and ensuring the app has a clear privacy policy. The article warns against sharing sensitive personal information unnecessarily, falling for too-good-to-be-true offers, and ignoring the fine print which might hide high interest rates or hidden charges. It also suggests maintaining a repayment schedule, borrowing only what is necessary, and considering alternatives like traditional banks or NBFCs if possible. Lastly, it stresses the importance of timely repayment to avoid penalties and maintain a good credit score, and to be cautious of apps that use aggressive recovery tactics.

Read the Full moneycontrol.com Article at https://www.moneycontrol.com/news/business/personal-finance/dos-and-donts-of-borrowing-from-lending-apps-tips-for-safe-and-smart-borrowing-12879678.html


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