Mon, December 16, 2024

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German insurer Allianz on Monday (Dec 16) announced that it has withdrawn its offer to acquire a majority stake in Income Insurance.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

Australia Names Fry-McKibbin, Baker to RBA's Rate-Setting Board

McKibbin, who participated in the review of the central bank, and former Bendigo and Adelaide Bank CEO Marnie Baker to the Reserve Bank's new monetary policy committee.

[ Sun, Dec 15th 2024 ]: Sydney Morning Herald

Rates in the gun in the biggest shake-up at Reserve Bank in 64 years

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

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

DAM Capital sets price band at Rs 269-283 per share: Listing timeline and IPO details

The IPO is an offer-for-sale (OFS) of up to 2.97 crore shares by existing shareholders and promoters. At the upper price band, the issue size is nearly Rs 840 crore, valuing the company at a market capitalization of around Rs 2,

[ Sun, Dec 15th 2024 ]: CTV News

Canada Post, union make their case at labour board hearings

Canada Post says it and the union are taking part in hearings by the country's labour board on whether the two sides have reached an impasse.

[ Sun, Dec 15th 2024 ]: The Globe and Mail

Ottawa intervenes in Canada Post strike, Bank of Canada delivers a cut and the 100 most livable cities: Business and investing stories for Dec. 15

Ottawa directed the Canadian Industrial Relations Board to order striking Canada Post workers back to their jobs, and to extend their existing collective agreement until May, 2025. Labour Minister Steve MacKinnon said a federal mediator appointed by the government during the strike informed him that negotiations were going in the wrong direction,

[ Sun, Dec 15th 2024 ]: The New Zealand Herald

Former Blue Chip boss Mark Bryers jailed in Australia

Kiwi fraudster and former Blue Chip boss Mark Bryers has been jailed in Australia. Bryers, with construction boss George Alex, Lindsay Kirschberg, Pasquale Loccisano, and Gordon McAndrew were found guilty of conspiracy to cause loss and conspiring to deal in the proceeds of crime,

[ Sun, Dec 15th 2024 ]: AOL

TKer: The price-to-earnings ratio is a very poor market-timing tool

This is on $275 earnings per share (EPS) for the year. "The quality of economic, business, consumer and job growth data from the start of the Fed's rate hike cycle in March of 2022 through the initial cuts to its benchmark interest rate in September and ...

[ Sun, Dec 15th 2024 ]: Business Line

Public sector banks record net profit of ?85,520 crore in first half FY2024-25

[ Sun, Dec 15th 2024 ]: Forbes

The New Era Of Top-Tier VC In 2025: 3 Key Insights For Entrepreneurs

Andreessen Horowitz is making VC funds larger and more diversified, with junior VCs investing more in higher-risk stages. Is this smarter than Benchmark's strategy?

[ Sun, Dec 15th 2024 ]: Business Standard

2024, a rear view: Continuity with change, and change with continuity

Mint Road saw a new incumbent at the helm, followed through on its regulatory and governance initiatives even as the wait continues on a few fronts

[ Sun, Dec 15th 2024 ]: Business Insider

Insider Today: Tech's new biggest argument

Welcome back to our Sunday edition, a roundup of some of our top stories. Bummed about your Spotify Wrapped? Maybe this explanation from a former Spotify engineer about what was different this year will help. On the agenda today: But first: Keeping track ...

[ Sun, Dec 15th 2024 ]: MSN

Amazon and the endangered future of the middle manager

Amazon CEO Andy Jassy delivered one of 2024's major job headlines with his five-day office mandate, but there's a bigger tech organizational shakeup at work.

Sebi's new proposal: DigiLocker to become key in asset transfer after death

In case of a user's death, DigiLocker will update the account status based on death registration data from the Registrar General of India (RGI), or information from the KRA system.

The Securities and Exchange Board of India (SEBI) has proposed a new framework to streamline the process of asset transfer after an individual's death, leveraging the digital infrastructure of DigiLocker. This initiative aims to simplify the often cumbersome and time-consuming process of transferring securities by allowing nominees or legal heirs to access the deceased's financial assets through DigiLocker. Under this proposal, upon the death of an investor, their nominees would be able to use DigiLocker to retrieve necessary documents like wills or succession certificates, which are crucial for asset transfer. This move is expected to reduce the dependency on physical documents, expedite the transfer process, and enhance transparency and efficiency in handling post-mortem financial affairs. The proposal is part of SEBI's broader efforts to modernize and digitize financial transactions, making them more accessible and less prone to disputes or delays.

Read the Full Business Standard Article at:
https://www.business-standard.com/finance/personal-finance/sebi-s-new-proposal-digilocker-to-become-key-in-asset-transfer-after-death-124121600481_1.html