Sun, December 1, 2024

by: Bill Williamson

3 Mega-Cap Stocks to Buy Before They're Worth $1 Trillion

by: Bill Williamson

GST assessment order served to old address is not valid service of order: Madras HC

Madras High Court held that assessment order served to old address instead of new address is not valid service of order. Accordingly, attachment order passed thereafter is quashed.

by: Bill Williamson

Does tech have gender? Venture capitalist Priyanka Gill says femtech is the future

Priyanka, a venture partner of Kalaari Capital and group co-founder of Glamm Group, defined femtech as the technology that incorporates feminine.femtech, women in tech, female entrepreneurship, gender inclusive technology,

by: Bill Williamson

How I'm setting my daughters up to have $1 million each by the time they turn 30

Brennan Schlagbaum explains how he and his wife are setting their daughters up for financial success through strong values and investment accounts.

by: Bill Williamson

Will develop state by creating wealth, benefiting poor: Andhra CM Naidu

Addressing the local public, the CM promised to transform Rayalaseema into a horticulture hub, adding that special funds would be allocated for Rayadurgam municipality after formulating an action plan

by: Bill Williamson

Where Will Block Be in 5 Years?

by: Bill Williamson

Temasek among cornerstone investors for LeapFrog's latest fund

TEMASEK is among the cornerstone investors for the latest fund from LeapFrog Investments, a private equity firm that focuses on sustainability-related investments in emerging markets. Read more at The Business Times.

by: Bill Williamson

The grim ghost of crypto future

by: Bill Williamson

Two-pot retirement system: keep your hands out of this cookie jar!

A few extra rands to spend over the festive season should not come from your savings pot under the two-pot retirement system.

by: Bill Williamson

What days will the SSDI payment be made for December 2024? These days you will receive disability benefits

by: Bill Williamson

Warning over cybercrime surge in South Africa this holiday season

Cybersecurity experts are warning of a rise of Business Email Compromise schemes as the year draws to a close.

by: Bill Williamson

40 per cent of Ugandans live below the poverty line

Despite various poverty alleviation efforts, challenges such as corruption, inadequate financial literacy, and dependency continue to hinder progress

by: Bill Williamson

The BIBF and Tamkeen launch Sales Graduate Development Programme for Bahraini job seekers

by: Bill Williamson

RevFin eyes financing 2 mn vehicles, Rs 20k cr loan payment in 5 yrs: CEO

Electric vehicle financing digital platform RevFin is aiming to finance 20 lakh vehicles in the next five years, translating to loan disbursements of nearly Rs 20,000 crore, according to the company's founder and CEO Sameer Aggarwal.

by: Bill Williamson

5-Day Working Week For All Bank Employees Likely From December

The long-standing demand for a 5-day work week in India's banking sector is nearing fruition. Currently, bank branches remain closed on second and fourth Saturdays, along with all Sundays. However, under the proposed system,

by: Bill Williamson

Can you exceed your credit card limit? Pros, cons, and tips to manage it

Sat, November 30, 2024

by: Bill Williamson

Tax Software vs a Tax Professional: Which Should You Choose?

How complex are your taxes? Here's how you can decide whether you can go the easy route or need the help of a pro.

by: Bill Williamson

Vietnam approves $67 billion high-speed railway project between Hanoi and Ho Chi Minh city

by: Bill Williamson

India Inc thrilled over FinMin's proposal to hike FDI limit in insurance sector to 100%

by: Bill Williamson

French finance minister says budget can still be improved

French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions.

by: Bill Williamson

Unlocking Africa's Economic Potential: Sean Michael Brehm On The Role Of Decentralized Edge And Quantum Computing

Africa, rich in natural resources yet hindered by infrastructure challenges, is poised for a technological revolution that could transform its role in the global economy. With the global commodities market set to grow significantly in the coming years,

by: Bill Williamson

TVS Holdings receives RBI approval for acquisition and change in management of Home Credit India Finance

by: Bill Williamson

FM Sitharaman urges regional rural banks to onboard customers to digital services like mobile banking by Dec 2024

by: Bill Williamson

JSW MG surges in sales: Is this the disruption electric car market needs?

In September, JSW MG Motor India, the newly minted joint venture between SAIC Motor, which is present in 100 countries, and Indian conglomerate JSW Group, launched the Windsor, an electric car that introduced battery as a service (BaaS).

by: Bill Williamson

Real estate query: Leasehold vs Freehold Property - What's the difference and which is more beneficial?

A leasehold property is essentially a property that a lessee or tenant agrees to rent from a lessor for a predetermined period, while in freehold property, the owner has absolute and permanent ownership of both the land and the building.

by: Bill Williamson

Ripple poised for New York approval of stablecoin, set to enter regulated US crypto market

The approval by the New York Department of Financial Services means that Ripple will be allowed to legally offer its stablecoin through a so-called limited purpose trust charter.

by: Bill Williamson

Cyprus Business Now: tourism performance, government surplus, SME funding

Tourism revenue in Cyprus reached €454.1 million in September 2024, according to the statistical service's passenger survey. This marks a 6 per cent increase compared to September 2023, when tourism revenue stood at €428.

by: Bill Williamson

Tax Query: Long and short of residential capital gains tax

by: Bill Williamson

Meet 9 influential Africans - Report

Africa is home to some of the brightest minds who have not only excelled in their respective fields but have also made

by: Bill Williamson

Lombard Odier indicted in Switzerland for money laundering

Swiss prosecutors on Friday indicted private bank Lombard Odier and one of the firm's former employees for "aggravated money laundering", in a rare charge of such magnitude against one of Switzerland's biggest and oldest wealth managers.

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
Fri, November 29, 2024

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.

Weighted average lending rate on fresh rupee loans of SCBs stand at 9.54% in Oct-24 compared 9.37% in Sep-24

RBI released data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of November 2024 yesterday. The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 9.

The article from Business Standard discusses the rise in the weighted average lending rate (WALR) on fresh rupee loans by Scheduled Commercial Banks (SCBs) in India. According to the data released by the Reserve Bank of India (RBI), the WALR increased to 9.54% in October 2024 from 9.37% in September 2024. This uptick reflects the banks' response to the monetary policy adjustments and the broader economic environment, including inflation rates and liquidity conditions. The increase in lending rates could impact borrowing costs for consumers and businesses, potentially affecting investment and consumption patterns. The article also notes that this trend might continue if the RBI maintains its hawkish stance on inflation control.

Read the Full Business Standard Article at:
https://www.business-standard.com/markets/capital-market-news/weighted-average-lending-rate-on-fresh-rupee-loans-of-scbs-stand-at-9-54-in-oct-24-compared-9-37-in-sep-24-124113000291_1.html