• Tue, January 14, 2025

by: Firstpost

Will Union Budget 2025 deliver on financial sector reforms?

As India looks ahead to the 2025 Budget, the financial sector hopes for smart reforms that will boost stability, support entrepreneurship and make it easier for underserved regions to access capital

by: Forbes

19 Strategies For Managing Costs In Uncertain Markets

Go back to your business plan and look for ways to revamp your sales strategy to keep pace with the realities of the market.

by: Investopedia

What's Behind Surging Business Optimism? Likely Some of Trump's Proposals

Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications ... MoMo Productions / Getty Images Business optimism has surged since Donald Trump's election in November ...

by: Yahoo

Company Says Its Sexy Robot "Companions" No Longer Have Genitals and Are "Not Meant for Sex"

"Through their customized AI and realistic robots, Simulacra is positioned to be a leader in the newly emerging AI companionship market," reads a press release about Tokens.com's acquisition of the company's remaining shares.

by: Kiplinger

How Another Trump Presidency Will Impact the Stock Market in 2025

President Trump will have little direct impact on the stock market, but his policies, initiatives and posts certainly can make prices move. Here's how.

by: Reuters

Climate Investment Funds secures $500 million debut bond for clean energy transition

The multilateral Climate Investment Funds (CIF) has issued a $500 million debut bond as part of a plan to diversify its funding sources and attract private sector investors to finance low carbon technologies in emerging markets,

by: MSN

Investment bankers say Trump mergers and acquisitions boom already underway

Financial business leaders converged on the University of Miami to discuss the regulatory and political landscape expected under Trump and the anticipated effect on corporate America.

by: Emirates247

MoHESR and DEWA join forces to align the scholarship programme with national priorities

Abdulrahman Al AwarThis agreement marks a significant step in preparing Emirati youth for global labour market shiftsOur partnership with DEWA will strengthen our national talent pool, enhance the UAE

by: MSN

2 Dividend Stocks You Can't Miss in 2025

Dividend stocks that consistently pay out can help investors achieve a reliable income stream. Companies that maintain regular dividend payments offer steady income and reflect financial strength and resilience.

by: Reuters

Biopharma industry eyes 2025 bounceback, grapples with uncertainty over Trump return

The biopharmaceutical industry is aiming for a 2025 reversal of last year's slump in investor returns but remains wary over what President-elect Donald Trump's priorities might be on hot button issues such as drug pricing reforms and vaccines.

by: Forbes

Looking Back At Biden's Influence On Business Finances

This is the published version of Forbes' CFO newsletter, which offers the latest news for chief finance officers and other leaders ... Office policy proposals that could have speedy impacts on business financials: Extending (and enlarging) corporate ...

by: Forbes

The Future Of Accuracy In Healthcare Is Within Reach

With a modern healthcare financial experience, it becomes possible for providers to treat patients without unnecessary bottlenecks, for payers to engage their members in selecting high-quality care for a transparent cost and for patients to focus on their well-being without financial uncertainty.

by: Reuters

Crypto firm Tether and its founders finalizing move to El Salvador

Cryptocurrency firm Tether plans to move its headquarters to El Salvador, its chief executive said, as the founders of the world's biggest stablecoin look to capitalize on the Central American country's bid to become a hub for crypto trading.

by: MSN

Analysts Think This Under-the-Radar AI Stock Could Rally 20% From Here

Artificial intelligence (AI) was one of the leading 2024 investment themes, driving massive gains for stocks like Nvidia (NVDA) and Palantir (PLTR) as they leveraged AI's transformative potential. However,

by: MSN

Bill Ackman Backs Former Hedge Funder Whitney Tilson For NYC Mayor: 'Can Help Save Us'

Former hedge fund manager Whitney Tilson is running for mayor of New York City and he picked up an endorsement from Bill Ackman, one of the most recognized voices in the world of finance. What Happened: Tilson,

by: Reuters

U.S. sanctions: Russia's Arctic oil feels the chill

Russia's vast Arctic oil business is facing major disruption from U.S. sanctions on its tankers and depots, stranding crude supplies previously snapped up by Asian buyers in storage, according to three sources familiar with its logistics.

by: MSN

Cancer, Daily Horoscope Today, January 14, 2025: Good health mark the day

January 14, 2025, is a day of motivation and progress for Cancer natives. Harmony in domestic life, flourishing romantic relationships, academic and professional success, favorable financial gains, and good health mark the day.

by: Reuters

Global electric vehicle sales up 25% in record 2024

Global sales of fully electric and plug-in hybrid vehicles rose by a quarter last year to over 17 million cars, helped by a fourth consecutive month of record sales in December as China continued to grow and Europe stabilised,

by: MSN

Americans lost out on $420B in bank loans because of the Federal Reserve, new research says

In the years after the Great Recession, banks chose to keep some $420 billion in their reserves rather than loan it out to American people and businesses. While many tend to blame the banks themselves for that decision,

by: Reuters

US and European stocks rise as bond sell-off abates, focus on inflation

U.S. and European stocks ticked higher on Tuesday as a sell-off in bonds moderated, although investors remained cautious ahead of U.S. consumer price inflation data on Wednesday and Donald Trump's inauguration as president next week.

by: Reuters

Britain's Reeves pledges to stick to fiscal rules at all times

British finance minister Rachel Reeves, facing criticism for her management of the economy after a sharp increase in the cost of government borrowing, said on Tuesday that she would stick to her fiscal rules at all times.

by: MSN

JPMorgan's Piepszak exits CEO race for now, making contest murkier

By Nupur Anand, Niket Nishant, Saeed Azhar (Reuters) -One of the leading contenders to become CEO of JPMorgan Chase, Jennifer Piepszak, on Tuesday took herself out of the running for now, raising the chances of a trio of other executives vying for Wall Street's top job.

by: MSN

Stryker Corporation (SYK): A Bull Case Theory

We came across a bullish thesis on Stryker Corporation (SYK) on Business Model Mastery's Substack by The Antifragile Investor. In this article, we will summarize the bulls' thesis on SYK. Stryker Corporation (SYK)'s share was trading at $360.

by: Reuters

JPMorgan names CEO contender Jennifer Piepszak as its operations chief

JPMorgan Chase on Tuesday promoted insider Jennifer Piepszak, seen as a strong contender for CEO Jamie Dimon's role, as its chief operating officer in place of Daniel Pinto, who will retire at the end of 2026.

by: MSN

As Governments Print-or-Die, Gold Reveals Unstoppable Debt Crisis: Jay Martin

Jay Martin, a prominent figure in the precious metals field, warned of an "unstoppable debt crisis" driven by excessive government spending.

by: MSN

UK, Iraq Strengthen ties, boost business opportunities, curb illegal migration

The United Kingdom and Iraq are strengthening cooperation on trade, economic growth, and illegal migration, Prime Minister Keir Starmer announced Tuesday. The announcement came during a visit by Iraqi Prime Minister Mohammed Shia' al-Sudani to 10 Downing Street.

by: MSN

Greenwich schools name new finance director and other celebrations

Schools promote Lai to finance director Patrick Lai has been promoted to director of finance at Greenwich Public Schools. According to a release from GPS, since joining Greenwich Public Schools in June of 2023,

by: MSN

Trump wants to 'save' TikTok. One rescuer could be Elon Musk.

President-elect Donald Trump has said he wants to "save" TikTok. One possible rescuer could be Elon Musk. Chinese government officials, according to reports by Bloomberg and The Wall Street Journal, have discussed selling the social media app's US business to the owner of X,

by: MSN

Conservatives call on government to back off capital gains changes due to legislative limbo

The Conservatives are calling on the government to stop collecting tax on capital gains at the increased inclusion rate the Liberals put forward as part of last year's budget.

by: MSN

5 Cities That Are Likely To Thrive Once Trump Takes Office

As President-elect Donald Trump prepares for a second term, there are many unknowns about the economy and other important issues for voters, but one thing is for sure-there will be a shake-up in
  • Wed, January 15, 2025

by: timesnownews

ITR Filing Deadline: Check Last Date To File Late ITR, Penalties And Other Details

Taxpayers have until January 15, 2025, to file late or revised Income Tax Returns (ITR) for FY 2023-24, per CBDT's extension. Missing this deadline can result in legal notices and additional penalties.

by: SHINE

Shanghai economy surpasses US$695.6 billion in 2024

Shanghai's economy exceeded 5 trillion yuan (US$695.6 billion) in 2024, mayor of the east China metropolis, Gong Zheng, said Wednesday.

by: ProPublica

Tribal Lenders Say They Can Charge Over 600% Interest. These States Stopped Them.

Online lenders tied to Native American tribes argue that they aren't subject to state lending laws, but they backed away from operating in six states where attorneys have acted forcefully to protect consumers.

by: WSPA

Upstate finance professional breaks down biggest tax changes for 2025

Major changes affecting everyone from small business owners to hobbyists are expected for the 2025 tax season. The IRS is tightening its belt when it comes to

by: AOL

Bitcoin and stocks have been moving in sync: Morning Brief

It's been just over a year since the SEC legalized bitcoin spot ETFs. And in that time one thing has become fairly obvious: "Digital gold" may not be the best description.

by: bnnbloomberg

Trudeau and the premiers meet to discuss a response to Trump's threatened tariffs

Canada's premiers are set to meet with Prime Minister Justin Trudeau and members of his cabinet today to talk about U.S. president-elect Donald Trump's vow to impose steep tariffs.

by: Forbes

Unleashing Your Financial Superpowers With AI

True entrepreneurial success lies in knowing your numbers and your worth. Here's how to leverage AI to get a better pulse on both so you can stay ahead of the game.

by: Reuters

Goldman Sachs profit surges as investment banking, trading fuel bumper quarter

Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.

by: Reuters

JPMorgan posts record annual profit as dealmakers, traders ride market rebound

JPMorgan Chase on Wednesday posted record annual profit as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter.

by: Reuters

BNY fourth-quarter profit rises on boost from higher fee income

BNY reported a 27% jump in its fourth-quarter profit on Wednesday as it earned higher investment services fees from its clients.

by: Reuters

Developer GuocoLand secures green loans totalling $908 million

Real estate group GuocoLand has secured two green loans amounting to a total of S$1.24 billion ($907.8 million) from Singaporean lenders DBS and Oversea-Chinese Banking Corp , it said in a statement on Wednesday.

by: Reuters

French central bank recommends cut in popular savings account interest rate

Bank of France Governor Francois Villeroy de Galhau recommended on Wednesday that the government lower the regulated interest rate on popular tax-free savings accounts, offering French banks relief from payouts that exceed those offered by European peers.

by: Reuters

UK banks resist mortgage rate hikes amid money market turmoil

Britain's banks are accepting smaller profit margins and bigger risks on UK mortgage lending as stress in sterling money markets stretches into a second week, industry sources said, with appetite to lend greater than worries about higher funding costs.

by: MSN

JPMorgan notches another record year of profits

JPMorgan Chase (JPM) churned out more profits than it ever has before as it earned $14 billion in the final quarter of 2024. Its full-year profits rose to $58 billion, an all-time record for JPMorgan and the most ever in the history of American banking.

by: MSN

Generative AI, other Kenyan business trends to note in 2025 that shaped 2024

From government tax policies to market fluctuations and artificial intelligence (AI), most businesses in Kenya embraced the trends that have helped them stay afloat.

by: MSN

Economy May Grow 20% With Female Participation, World Bank Says

Cherie Blair, the human rights lawyer and wife of former UK Prime Minister Tony Blair, will issue a rallying cry for women to have a louder voice in politics after female representation barely advanced in last year's international elections and as female public figures globally faced increased threats of violence.

by: MSN

Sluggish domestic demand leads to job market decline

Lackluster domestic demand is adversely affecting the labor market, where manufacturing, construction and other labor-intensive sectors offered fewer job opportunities and new jobs were created at a slower pace last year.

by: MSN

Exclusive: Brooks Macdonald makes senior layoffs

Brooks Macdonald has laid off a number of senior staff, including the firm's global head of distribution, in a bid to save costs, City AM can reveal. The redundancies from the asset manager were described by one former employee as "pretty brutal",

Will Union Budget 2025 deliver on financial sector reforms?

As India looks ahead to the 2025 Budget, the financial sector hopes for smart reforms that will boost stability, support entrepreneurship and make it easier for underserved regions to access capital
The article from Firstpost discusses the expectations and potential reforms in the financial sector for India's Union Budget 2025. It highlights the need for comprehensive financial sector reforms to enhance economic growth, focusing on areas like banking, insurance, and capital markets. Key points include the necessity for better governance in public sector banks, addressing the high levels of non-performing assets (NPAs), and promoting financial inclusion. The article also touches on the potential for digital transformation in financial services, the role of fintech, and the importance of regulatory frameworks that encourage innovation while ensuring stability. There's an emphasis on the government's role in creating an environment conducive to investment, both domestic and foreign, by simplifying tax structures, improving ease of doing business, and possibly revisiting policies like the Insolvency and Bankruptcy Code to make it more effective. The overarching theme is the anticipation of a budget that not only addresses immediate financial sector challenges but also sets a long-term vision for India's financial landscape.

Read the Full Firstpost Article at:
https://www.firstpost.com/business/will-union-budget-2025-deliver-on-financial-sector-reforms-13852791.html

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