Finance

The world of finance: a cosy club

Title: Superhubs: How the Financial Elite and Their Networks Rule Our World Author: Sandra Navidi; Publisher: Hachette India. Price: ₹599 A ringside view of the closed society of financial elites and how they control the world May 28, 2017: Sandra Navidi’s curriculum vitae looks richly speckled. She studied law and practised in Germany and the US. She was an investment ... Read More »

Great and growing potential in green finance

Green bonds can be used to fund projects such as wind farms and solar plants. Scott Eisen / AFP Green finance has quickly become an effective tool in the global push to develop and fund clean energy solutions. With governments around the world focused on lowering carbon emissions, sustainable financing options are an increasingly popular mechanism in the pursuit of ... Read More »

The week ahead in business and finance

Ryanair will publish its full-year results on Tuesday, May 30 CREDIT: GETTY IMAGES Low-cost carrier Ryanair is set to unveil a strong set of full-year results.  Pre-tax profits for the year are expected to be in line with the guided €1.3bn-€1.35bn. Speaking at a conference in Dublin last week, the group’s chief executive Michael O’Leary said profits have risen since ... Read More »

Understanding the Basics of ETFs

One of the key aspects of attaining success in the investment business is to have a good understanding of how the different funds function. In this write-up, you can get basic details of the ETFs and how they add value to your investment portfolio. Over the past few years, the ETFs or Exchange Traded Funds have been gaining immense popularity ... Read More »

‘Bill to Address Bankruptcy in Finance Sector in Next Parliament Session’

New Delhi: The government is likely to introduce in the monsoon session of Parliament a separate bankruptcy law to deal with insolvency in financial sector companies that include banks and NBFCs. The proposed bill will cover all financial service providers that include banks, NBFCs and microfinance institutions which have money deposited, a senior finance ministry official has said. The law ... Read More »

Innovative finance needed to find $300 billion a year for climate losses

LONDON (Thomson Reuters Foundation) – With money for action on climate change already in short supply, an estimated $300 billion a year needed to help countries deal with unavoidable climate losses will have to come from innovative new sources, such as a financial transaction tax or carbon tax, researchers say. Funding for such climate “loss and damage” aims to assist ... Read More »

12 Super Simple Money Management Tips for Your Personal Finances

The best financial advice tends to apply to pretty much everyone. You don’t need a spreadsheet of pros and cons and complex scenarios. What you need is a rule of thumb. There’s no shame in using one-size-fits-all advice. A study of West Point cadets, for example, found teaching rules of thumb was at least as effective as standard personal finance training in increasing ... Read More »

Creative Ways to Get Funding Without Going to the Bank

Are you having a tough time finding financing for your small business or just don’t know where to turn? Today there are more financing opportunities out there than ever before — if you know where to look. We tapped into the expertise of Linda Jenkins (pictured), CEO of the Gold Alliance Group, for some advice. She is the author of ... Read More »

As ‘Brexit’ Tensions Rise, E.U. Proposal Targets London Finance

Valdis Dombrovskis, a European Commission vice president, in Brussels on Thursday. “In the context of Brexit, we see that the situation is changing,” he said. CreditEric Vidal/Reuters European Union officials fired an opening salvo on Thursday in a “Brexit”-related dispute that could threaten London’s status as the undisputed financial capital of Europe and affect hundreds of trillions of dollars’ worth ... Read More »

Janalakshmi receives licence for Small Finance Bank

Bengaluru-based Janalakshmi Financial Services Ltd., (JFS) has received the final licence from Reserve Bank to set up Small Finance Bank. It will commence operations in the second quarter of the current financial year, said, V.S. Radhakrishnan, managing director and chief executive officer, Janalakshmi Financial Services. JFS plans to set up 300 bank branches during the year covering the major locations ... Read More »