Millennial Money: Is moving now your best financial move?

Long-term job security is also a factor in planning a move or buying a home. You can’t predict the future, but do have a backup plan if you move to a city with fewer job prospects, Johannessen advises. Ask yourself what other jobs you could find in the new location if you were to lose […]

Edelweiss Financial climbs 5% on $350 mil deal with Canada’s Ontario Teachers

“This partnership comes at a time when there is a thrust towards empowering and enabling India to become a global manufacturing hub as vocalised by the Government’s ‘Atmanirbhar – self-reliance’ vision. The need for long-term patient capital in India presents a huge opportunity for private debt managers,” Rashesh Shah, Chairman and CEO at Edelweiss Group […]

J&K Bank plans to raise up to Rs 4,500 cr capital via equity, debt

NEW DELHI: Public sector Jammu and Kashmir Bank is looking to raise up to Rs 4,500 crore through equities and debt, according to its annual report.The bank will seek shareholders’ approval for the fund raise proposal in its annual general meeting to be held on September 28, 2020, the lender said in its Annual Report […]

CSE calls for ‘green’ recovery action plan

United Nations General Assembly declared September 7 as the International Day of Clean Air for blue skies. The idea was to build awareness on clean air for health, productivity, economy and environment at all levels — individual, community, corporate and government. As the world marks the first such day on Monday, the Centre for Science […]

IS Thar the pinch-hitter Mahindra so badly needs?

Puneet Gupta, associate director at market research firm IHS Markit, said that with a lot riding on the Thar, it is critical that the company gets the pricing right. “They have got the two Ps — product and positioning — right for the Thar. I hope they get the price right, too,” said Gupta.

People in Slovakia don’t move ahead much in financial literacy

At the same time, two-thirds of respondents said their financial situation is worse than last year. As much as 23 percent of those with income below €400 talk about the situation worsening. In the group of respondents earning more than €1,500 and the group with income of €600 to €800, it is about one-tenth.

Tiffany needs to attract millennials. The company that hired Rihanna and A$AP Rocky wants to help

“It’s an opportunity for both companies digitally,” Chen said. “LVMH has made some really good creative strides, which are really embracing the future of luxury. Tiffany has a big watch opportunity. Less than 1% of their total revenue is watches. Also the bridal business. Bridal is a big category as other economies use bridal as […]

Saudi Arabia’s financial woes mean it’s squeezing cash cow Aramco

Executives have shelved several major projects in recent months, including a $20 billion Red Sea facility to turn crude into chemicals and a liquefied natural gas export terminal in Texas. A $10 billion refinery in China has also been put on hold, Bloomberg reported, though Aramco said it’s still committed to investing in the world’s […]

Trudeau announces financial support for Black Canadian owned businesses

Under the program, 53 million is designed to support Black business owners to access funding, mentorship, financial planning and business training, and up to 33.3 million will go towards the new Black Entrepreneurship Loan fund that will provide loans between 20,000 Canadian dollars and 250,000 Canadian dollars for Black business owners.

SBI Magnum Children’s Benefit Fund (Investment Plan) NFO: Should you invest?

Planning your child’s financial future may rank high on your family’s agenda. Investing in various avenues to secure the education and marriage costs of your child would be a priority for many of you. In this light, as an addition to the list of children-specific mutual funds comes the SBI Magnum Children’s Benefit Fund (Investment […]