There is a distinct possibility that GDP growth could be in the 6.5% range, so Modi needs to do some really hard thinking since business-as-usual isn’t working There is little to be gained by speculating over what exactly it was that led to Subhash Garg losing his job as theRead More →

When we think of marketing, advertising and branding — creating awareness in the minds of our target audience — come to mind first. There is another important audience that marketing often overlooks: The one inside your own offices. The good news is, this audience is relatively easy to target and inexpensiveRead More →

The Prime Minister’s Office (PMO) and the finance ministry are in talks over the foreign portfolio investments (FPI) surcharge issue, a government official told CNBC-TV18. After the Union Budget announcement in July, there was a meeting held by the finance ministry’s Department of Economic Affairs (DEA) where issues and representationsRead More →

A house for sale in Seattle. Mortgage rates stayed steady, according to data released on Thursday, as the Federal Reserve considers further interest-rate cuts after its first reduction in a decade on Wednesday. Freddie Mac said the 30-year fixed-rate mortgage averaged 3.75% in the week ending Aug. 1, which isRead More →

The Competition Commission of India has approved Sundaram Finance (SFL)’s purchase of remaining equity stake in Sundaram BNP Paribas Home Finance (SBPHFL), a joint venture between SFL and BNP Paribas Personal Finance. Last month, SFL and BNP Paribas Personal Finance reached an agreement, under which BNP Paribas Personal Finance willRead More →

Did you know you could pay zero taxes even if you earn more than Rs 5 lakh? According to the current tax laws, if your ‘taxable’ salary is Rs 2.5 lakh or lesser, you don’t have to pay any taxes; and if your taxable salary is Rs 5 lakh, yourRead More →

The Consumer Financial Protection Bureau yesterday announced its intent to allow the expiration of a major provision of the Ability to Repay mortgage lending rules established by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. The change could have serious implications for mortgage and housing markets. The Ability to RepayRead More →

A museum set up by the Reserve Bank of India seeks to demystify money matters for the layperson Even at the peak of the demonetisation frenzy in November 2016 — when the whole country was seen waiting in queues outside banks and ATMs — few people understood the impact ofRead More →