The central government said that it has no proposal to use unclaimed funds with the Life Insurance Corporation of India (LIC) and inoperative Employees Provident Fund (EPF) accounts for purposes other than the existing mechanism, ANI reported. In a written reply to the Lok Sabha, Pankaj Chaudhary, Minister of State (MoS) for Finance clarified that […]
Plans to allow U.S. banks to reduce the capital they hold create uncomfortable echoes of past turmoil in credit markets. As regulators contemplate relaxing standards meant to protect the public, they should look to past financial crises.Andrew Harrer/Bloomberg Processing Content Key insight: Examiners from the Federal Reserve Board and reserve banks were not timely in […]
The International Monetary Fund (IMF) has called on central banks globally to strengthen oversight of artificial intelligence (AI) as its rapid adoption transforms trading, lending and financial supervision, warning that inadequate governance could amplify systemic risks and cyber threats. “Under normal market conditions, the effects (of AI) are largely positive. AI-driven execution […]
The shares of Tanla Platforms jumped nearly 14% to the day’s high of Rs 638 after the company reported a 17.8% year-on-year growth in Q1 FY27 revenue. According to a filing with the exchange, revenue increased 4.1% quarterly to Rs 1,226 crore. The company reported a gross profit of Rs 326 crore, growing 2.6% quarterly […]
Shares of Waaree Renewable, the EPC arm of the Waaree Group, dropped 7% on Thursday after the company announced its Q1 FY27 earnings, reporting a 34% year-on-year (YoY) rise in net profit to nearly Rs 116 crore. The shares of the company dropped to Rs 951 apiece on Thursday, the lowest level seen since June […]
Splash HELOCs Are Best For: People who want to check multiple HELOC options at once People who want to access as much of their home equity as possible People who plan to use most of their HELOC draw right away An Alternative Lender to Consider How to Qualify Splash Financial considers your creditworthiness and verified […]
Securing financing is a critical milestone for any business. U.S. Small Business Administration loans are powerful, strategic tools designed to empower entrepreneurs, offering a practical path to the capital needed to launch, expand or stabilize operations without prematurely draining liquidity. After an SBA loan helps a business reach those initial goals, however, it may be […]
Firefighters drive past the smoke of a fire at the Russian e-commerce firm Wildberries’ logistics complexes in the town of Elektrostal outside Moscow on July 18, 2026. A Ukrainian drone attack on two logistics centres in Russia killed eight people and injured 24, officials said on July 18, 2026. Tatyana Makeyeva | Afp | Getty […]
The House Ways and Means Committee held a hearing Wednesday to advance GOP-sponsored legislation aimed at requiring more disclosures of foreign sources of funding for tax-exempt groups and the recipients of donations, while preventing religious faith-based organizations from losing their tax-exempt status based on their beliefs. Processing Content “The tax-exempt sector is about 15% of […]
Managing contracts at enterprise scale creates operational blind spots that can cost organizations millions annually. When teams can’t access critical terms, manual workflows bottleneck approvals and delay revenue. Compliance risks hide in untracked obligations, while missed renewals negotiate value. What makes a great Contract Lifecycle Management (CLM) platform is its ability to eliminate these inefficiencies […]