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According to Saurabh Mukherjea, the middle class in India would have a bleak future in the coming ten years.

Saurabh Mukherjea, chief investment officer (CIO) and founder of the portfolio-management services company Marcellus Investment Managers, forewarned the Indian middle class about the decline in traditional white-collar occupations as a result of the industry’s widespread automation. Mukherjea stated in a recent podcast

April 20, 2025

Business

The main obstacles to purchasing health and term insurance are high premiums and limited cash.

According to a poll of almost 4,000 people by India’s top insurance aggregator Policybazaar, 31% of respondents said that expensive premiums and 26% said that they did not have enough money were the main reasons they did not get health and term

April 20, 2025

Business

To boost urban cooperative banks, a window opens.

In many countries, cooperative credit societies – also known as credit unions – have established significant importance and presence. These entities often benefit from supportive umbrella structures connecting them and offering various financial solutions, both fund- and non-fund-based. Noteworthy global examples of

April 20, 2025

Finance

Make sure the RBI Guv communicates liquidity measures to banks and the wider market.

In order to meet demand, businesses are considering mergers and acquisitions (M&A) as a result of the expectations of a youthful India and rising income levels. In a world where customer preferences are always shifting, M&A gives businesses the ability to stay

April 20, 2025

Finance

Make sure the RBI Guv communicates liquidity measures to banks and the wider market.

Sanjay Malhotra, the governor of the Reserve Bank of India, has expressed worry about the asymmetric rates on various market segments and advised banks to make sure that the central bank’s liquidity initiatives are communicated to the larger market. Malhotra emphasized that

April 20, 2025

Finance

ICICI Bank follows suit and lowers the savings and FD rates by 50 basis points.

Lenders have begun to lower the repo rate in response to the central bank’s move, with ICICI Bank being the most recent to follow suit for savings and fixed deposit accounts. With effect from April 17, ICICI Bank has announced a 25

April 20, 2025

Finance

Alert: Telegram and a phony website are used by scammers using the MCX moniker to attract investors.

India’s leading commodity derivatives exchange Multi Commodity Exchange of India (MCX) has issued a public warning to investors regarding a fraudulent entity impersonating its brand. Operating under the name “Khalda Parween”, the scam is being perpetrated through Telegram groups titled “Finance Specialist”,

April 20, 2025

Finance

The highest post-Covid outflows are in infrastructure and energy funds, followed by manufacturing.

Investor interest in equities mutual funds seems to be waning after months of inflows, especially in sectoral and thematic categories. Fund flows significantly slowed in March 2025, with Infrastructure and Energy funds seeing their biggest redemptions since the COVID period. Manufacturing funds

April 20, 2025

Finance

FinMin’s FY26 MSME lending objective for PSBs is Rs 17.31 trillion.

Amid increasing focus by the Union government for the micro, small, and medium enterprises (MSME) sector, the finance ministry has set a target for total MSME credit outstanding across all public sector banks (PSBs) at ₹17.31 trillion for the financial year 2025-26

April 20, 2025

Finance

The center appoints four senior IRS officers to the CBDT board.

In a formal decision released yesterday, the Cabinet’s Appointments Committee authorized the nomination of four senior Indian Revenue Service (IRS) officers as members of the Central Board of Direct Taxes (CBDT). Sanjay Bahadur, the former Principal Director General of Income Tax (Training)

April 20, 2025

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Admin

According to Saurabh Mukherjea, the middle class in India would have a bleak future in the coming ten years.

The main obstacles to purchasing health and term insurance are high premiums and limited cash.

To boost urban cooperative banks, a window opens.

Make sure the RBI Guv communicates liquidity measures to banks and the wider market.

Make sure the RBI Guv communicates liquidity measures to banks and the wider market.

ICICI Bank follows suit and lowers the savings and FD rates by 50 basis points.

Alert: Telegram and a phony website are used by scammers using the MCX moniker to attract investors.

The highest post-Covid outflows are in infrastructure and energy funds, followed by manufacturing.

FinMin’s FY26 MSME lending objective for PSBs is Rs 17.31 trillion.

The center appoints four senior IRS officers to the CBDT board.

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