Mon, December 16, 2024

[ Mon, Dec 16th 2024 ]: The Hill

Canada's finance minister resigns as unpopular Trudeau faces biggest test of his political career

Canadian Prime Minister Justin Trudeau faced the biggest test of his political career after Finance Minister Chrystia Freeland, long his most powerful and loyal minister, announced

[ Mon, Dec 16th 2024 ]: Rolling Out

A specialist's challenge balancing career and finances

Discover the financial decisions behind balancing career growth, family needs, and long-term finance planning with a $210,000 household income.

[ Mon, Dec 16th 2024 ]: bnnbloomberg

Justin Trudeau's cabinet bleeds star power on day of key economic update

Prime Minister Justin Trudeau's government is reeling as he loses top cabinet ministers, including Finance Minister Chrystia Freeland who was set to release a key economic update on Monday.

[ Mon, Dec 16th 2024 ]: Kiplinger

What's Behind Ford Stock's New Sell Rating?

Jefferies downgraded Ford on concerns over earnings headwinds and "challenging decisions ahead." Here's what investors need to know.

[ Mon, Dec 16th 2024 ]: The Jerusalem Post Blogs

A conversation with Brock Pierce: Cryptocurrency pioneer, philanthropist, and friend of Israel

Whether it be attending the March of the Living, meeting Holocaust survivors, or defending Israel, Brock Pierce has shown time and again his commitment to his friends in the Jewish community.

[ Mon, Dec 16th 2024 ]: Seeking Alpha

Lesaka Technologies: Recent News Bolsters The Bull Case

Lesaka Technologies has inched higher in recent months, which is not surprising given several promising developments. Explore more details here.

[ Mon, Dec 16th 2024 ]: business-live

North East deals of the week: key contracts, acquisitions and investments

Companies featuring in this week's round-up include Wingrove Motor Company, Wordnerds, Lycetts, Crystal & Son, BeamXR, H2CHP and JDR Cables

[ Mon, Dec 16th 2024 ]: Pensions&Investments

TCW's Katie Koch says firm entering private real estate debt market

The firm, which oversees more than $200 billion, will provide privately arranged debt to borrowers for core real estate and value-add credit, Chief Executive Officer Katie Koch said in an interview. Los Angeles-based TCW is also in the process of hiring a team to help run the new real estate business, she said.

[ Mon, Dec 16th 2024 ]: Daily Express

Rachel Reeves tanked UK economy - and it's set to get even worse in December

I hate to be the repeated bearer of bad news but with Rachel Reeves running the economy it's the only news around these days.

[ Mon, Dec 16th 2024 ]: Yahoo Finance

Work trends like AI are forcing Asian professionals to adapt, and fast: 'The pace of change is speeding up'

Over 80% of Indian professionals report feeling overwhelmed by how quickly their jobs are changing, according to LinkedIn.

[ Mon, Dec 16th 2024 ]: Global Finance

Making AI Pay Off in Global Banking

Hussein Al-Abdulla, a member of the Executive Management team at Commercial Bank is EGM, Marketing & Alternative Investments. Having started in retail banking at HSBC in Qatar Hussein covers several areas for Commercial Bank and is a specialist in retail banking, marketing, strategic planning, digital transformation and asset management.

[ Mon, Dec 16th 2024 ]: Tuko

Raimond Molenje Takes Helm as Kenya Bankers Association CEO, Effective December 2024

Raimond Molenje has been appointed CEO of the Kenya Bankers Association, effective December 1, 2024, bringing over 19 years of leadership and legal expertise.

[ Mon, Dec 16th 2024 ]: Business Line

Share Market Highlights: Sensex dips 384 points, Nifty settles below 24,700; India VIX up 7%

[ Mon, Dec 16th 2024 ]: MoneyWeek

What a delay in the government's pension review could mean for your money?

The Treasury is rumoured to have abandoned the next stage of its retirement market review that would have considered how to boost auto-enrolment pension contributions

[ Mon, Dec 16th 2024 ]: The New York Times

Are Tariffs Inevitable?

World leaders and C.E.O.s are struggling to convince President-elect Donald Trump to shift his position on imposing new levies against America's trade partners and its rivals.

[ Mon, Dec 16th 2024 ]: Express & Star

Start Up Loans programme has positive impact on small business survival

Smaller businesses backed by the government's Start Up Loans programme have higher survival rates than other businesses, finds an independent evaluation, conducted by SQW working in partnership with Professor Mark Hart,

[ Mon, Dec 16th 2024 ]: Khaleej Times

Mining Grid: Shaping the future of the mining landscape and trends for 2025

From its regulatory foresight to its sustainability-focused initiatives, the nation's strategies ensure its leadership in the rapidly evolving digital economy

[ Mon, Dec 16th 2024 ]: Channel NewsAsia Singapore

Income could still find other buyers but investors may be cautious, say analysts after Allianz withdraws offer

German insurer Allianz on Monday (Dec 16) announced that it has withdrawn its offer to acquire a majority stake in Income Insurance.

[ Mon, Dec 16th 2024 ]: fox6now

Personal finance expert breaks down the No. 1 rule on the road to becoming a millionaire

"The Ramsey Show's" Rachel Cruze explains why getting ahead on retirement savings, making the most of your company's 401(k) plan and not delaying Roth IRAs can lead to millionaire status.

[ Mon, Dec 16th 2024 ]: WTOP News

2024 was big for bitcoin. States could see a crypto policy blitz in 2025 in spite of the risks

The new year will usher in the bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses that,

[ Mon, Dec 16th 2024 ]: fintechmagazine

Payabl. Executives Outline Payments Challenges for 2025

Payabl. executives highlight 2025 payments trends: digital wallets, embedded finance, AI innovation, PSD3 challenges and industry diversity

[ Mon, Dec 16th 2024 ]: The Hans India

Mortgage finance AUM in India projected to grow 16-17 pc in FY25 and FY26

The assets under management (AUM) of mortgage finance loans in the country is expected to grow at a healthy 16-17 per cent this fiscal and the next (FY25 and FY26), a report said on Monday.

[ Mon, Dec 16th 2024 ]: ceps.eu

EU Payment Observatory - Annual Report 2024

In 2023, the share of enterprises experiencing problems because of late payments in the EU experienced its highest increase in the past five years. Average payment periods seem to have deteriorated, a

[ Mon, Dec 16th 2024 ]: AOL

Best Stock to Buy Right Now: Home Depot vs. Lowe's

Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) are the two largest home improvement retailers in America. Both of their stocks slumped in 2022 and 2023 as inflation curbed consumer discretionary spending and rising interest rates chilled the housing market,

[ Mon, Dec 16th 2024 ]: cnbctv18

Unclaimed and outstanding LIC claims surge 83% in 5 years: FinMin

Unclaimed and outstanding deposits refer to amounts that remain unpaid due to various reasons, such as the policyholder or nominee not claiming them, lack of proper communication, or unawareness of the claim process.

[ Mon, Dec 16th 2024 ]: Commercial Observer

The Big Chair: CBRE's James Millon Breaks Down Debt and Structured Finance in 2024

The former head of CBRE's large loan team has spent the last year guiding the firm's entire U.S. capital markets strategy

[ Mon, Dec 16th 2024 ]: The Financial Express

Budget 2025: RAI wants all MSME benefits extended to retailers; seeks low-cost finance scheme

Currently, retail and wholesale traders, who were included under the MSME definition in July 2021 and were allowed to register on the Udyam portal, are eligible for access to credit only under priority sector lending norms.

[ Mon, Dec 16th 2024 ]: Yahoo

Who could run for Tennessee governor in the 2026 GOP primary? The early possibilities

With Gov. Bill Lee facing term limits, the 2026 Republican primary could be wide open. Some candidates could announce campaigns as early as spring.

[ Mon, Dec 16th 2024 ]: Sydney Morning Herald

Meet the people setting your interest rates

Treasurer Jim Chalmers' overhaul of the Reserve Bank board is complete, with six people appointed to help run the bank and set interest rates.

[ Mon, Dec 16th 2024 ]: The Financial Times

Global mental health crisis hits workplaces

The report adds to a growing volume of research on the impact of a global mental health crisis on companies and the workplace. According to the World Health Organization and the International Labour Organization, about 12bn working days are lost every year to depression and anxiety, costing the global economy $1tn annually.

[ Mon, Dec 16th 2024 ]: Winnipeg Free Press

Ottawa to unveil economic update detailing deficit, new border security package

The Liberal government in Ottawa is set to unveil its fall economic update today, its first spending package since Donald Trump won the November presidential election. Ottawa is

[ Mon, Dec 16th 2024 ]: Daily Monitor

BoU, Ministry of Finance lock horns over audit on money heist

BoU has so far been unsuccessful in getting back the funds wired in Tokyo, and likely won't, according to people familiar with the matter

[ Mon, Dec 16th 2024 ]: Cyprus Mail

Elevate your career with PwC's Academy Business Professionals Certificate (BPC): Your key to business excellence!

In today's rapidly evolving business landscape, having a solid foundation in accounting and finance is more critical than ever. Whether you're a high school graduate, a university graduate, a career changer,

[ Mon, Dec 16th 2024 ]: Reuters

Bitcoin buyer MicroStrategy jumps on Nasdaq 100 entry

MicroStrategy shares rose nearly 7.4% in Frankfurt trading on Monday as the software company and bitcoin buyer was set to join the tech-heavy Nasdaq 100 index that could further fuel the steep rise in its stock price.

[ Mon, Dec 16th 2024 ]: sinchew

The 1st International Cerebro-cardiovascular Medical Innovation Summit (ICMIS) a great success

Experts from Various Fields Gather to Discuss Cutting-Edge Medical Topics "Innovation+ Finance" Boosts Development of Medical Startups in Hong KongHONG KONG SAR - Media OutReach Newswire - 16 December 2024 - The Hong

[ Mon, Dec 16th 2024 ]: Business Today

Wealth destroyers: These stocks slipped over 50% in 2024; here's what analysts say for 2025

Even as 70% of the stocks in the BSE Sensex, BSE Midcap, and BSE Smallcap indices have delivered positive returns during the current calendar year, a significant number — approximately 325 — are grappling to remain above water.

[ Mon, Dec 16th 2024 ]: TechRadar

What is inferencing and training in AI?

In short, training builds the foundation, while inferencing brings that knowledge to life in practical, real-world applications. Inferencing is when AI puts its training into practice, tackling real-world challenges like predictions and data analysis. But first, it needs thorough preparation to ensure success.

[ Mon, Dec 16th 2024 ]: MSN

Mytheresa Emerges as the Hero in the 2024 Drama of Luxury E-commerce

Frasers Group gave up on Matches, Coupang has begun its reboot of Farfetch and Richemont has agreed to sell Yoox Net-a-porter to a thriving rival, Mytheresa. It's been a year of shock - and change - for multibrand online luxury retailers.

[ Mon, Dec 16th 2024 ]: Business Standard

Declaring foreign assets in tax returns form: What Indians must know

It is mandatory for Indian residents to disclose their foreign assets and income in their Income Tax Return (ITR). Specifically, Schedule FA (Foreign Assets) in the ITR form is meant for reporting foreign assets, and Schedule FSI (Foreign Source Income) is for reporting income from foreign sources.

[ Mon, Dec 16th 2024 ]: Rappler

Pagcor leases Nayong Pilipino property to San Miguel for 25 years

Pagcor says the construction of its new office building was a 'major consideration' for the agreement with San Miguel Infrastructure

[ Mon, Dec 16th 2024 ]: Arabian Business

When the drums fall silent - legendary drummer Zakir Hussain passes away

The five-time Grammy winner died on Sunday in San Francisco after spending two weeks in the ICU with idiopathic pulmonary fibrosis

[ Mon, Dec 16th 2024 ]: The Age

The $100,000 loan contract between Cats legend Joel Selwood and an accused fraudster

Loan documents reveal a man now under police investigation proposed to borrow $100,000 from Selwood, who would be repaid the principal and interest of $10,000 after eight months.

[ Mon, Dec 16th 2024 ]: India Today

Parliament Session Live: Constitution discussion in Rajya Sabha, Lok Sabha to focus on financial business

The Rajya Sabha is set to convene today for a two-day discussion marking 75 years since the adoption of the Constitution. While the focus of the debate is expected to be on the significance and evolution of the Constitution since its adoption on November 26,

[ Mon, Dec 16th 2024 ]: Forbes

Trump's Cabinet And Key Jobs: Ric Grenell And Devin Nunes Are Latest Nominees

Nunes, chief executive of Trump-owned Truth Social, was announced as the president-elect's nominee for chairman of the President's Intelligence Advisory Board.

[ Mon, Dec 16th 2024 ]: moneycontrol.com

Business Loan: Key documents needed to secure financing, check full list

Business loans can fuel growth and stability for entrepreneurs, but securing one requires meticulous preparation. From identity proofs to financial statements, discover the documents needed for your application process.
Sun, December 15, 2024

[ Sun, Dec 15th 2024 ]: Firstpost

Sri Lanka's Dissanayake opts India for first overseas trip, what's on agenda?

Sri Lanka's President Anura Kumara Dissanayake arrived in New Delhi on Sunday on a 3-day State visit. He has a packed schedule, unlike his last visit around 10 months ago as a delegation head of his anti-India party NPP.

[ Sun, Dec 15th 2024 ]: moneycontrol.com

Preparing a will online? Understand the process and its pitfalls

Online wills are convenient and affordable, but may not be suitable for complex estates or unique circumstances.

[ Sun, Dec 15th 2024 ]: MSN

Truphie Kwaka-Sumba: A Journey of Faith, Leadership & Opportunities

Sumba, the Deputy Vice Chancellor for Finance and Administration at St. Paul's University, has a calm yet commanding presence. Her journey through business, academia, and administration is a story of resilience,

Mortgage finance AUM in India projected to grow 16-17 pc in FY25 and FY26

The assets under management (AUM) of mortgage finance loans in the country is expected to grow at a healthy 16-17 per cent this fiscal and the next (FY25 and FY26), a report said on Monday.

The article from The Hans India discusses the projected growth of the mortgage finance sector in India. According to the report, the Assets Under Management (AUM) for mortgage finance in India is expected to grow by 16-17% in the fiscal years 2025 and 2026. This growth is attributed to several factors including an increase in housing demand, supportive government policies like the Pradhan Mantri Awas Yojana (PMAY), and a stable economic environment. The report also highlights the role of digitalization in enhancing loan processing efficiency and customer reach, as well as the increasing trend of affordable housing finance. However, challenges such as high interest rates and regulatory changes could impact this growth trajectory. The article concludes by noting that despite these challenges, the sector remains robust with significant potential for expansion due to the ongoing urbanization and the rising middle class in India.

Read the Full The Hans India Article at:
https://www.thehansindia.com/business/mortgage-finance-aum-in-india-projected-to-grow-16-17-pc-in-fy25-and-fy26-930161