Tag Archives: To

Airbnb Is Giving Away $1 Million To Help Finance Your Dream Home

In an announcement made by Airbnb Tuesday, the home sharing company has unveiled a new contest to help ten lucky winners finance and build the home of their dreams. Called the Unique Airbnb Fund, Airbnb will be gifting a total of $1 million dollars to find and finance the most “unconventional, creative and unique livable spaces on the planet.” The fund—which is meant to empower anyone ... Read More »

Leap Finance raises $5.5M to democratize financing for foreign-bound Indian students

Tens of thousands of Indians move to the United States to pursue higher education each year. But like many others who have arrived from a foreign land, they can’t secure education loans or personal loans from the banks at interest rates on par with those levied on local students. The reason why these students — or anyone else moving to ... Read More »

Supervision, not just regulations, key to financial system: Principal Economic Adviser Sanjeev Sanyal

In India, the share of non-bank financial intermediaries in total financial assets rose from roughly 10.5% in 2006 to over 14.5% in 2018. Rising banking regulations over the past decade have shifted market activity to less-regulated shadow lenders not just in India but across the globe, according to a concept paper by principal economic advisor in the finance ministry Sanjeev ... Read More »

Top 9 Millennial Personal Finance YouTube Channels (To Grow Your Money)

Millions of Millennials are struggling with a financial triple whammy – subpar income, high debt levels, and low- to nonexistent-savings. If this describes you, you don’t need to be wracking your brain trying to come up with your own money solutions. GETTY If you have any financial situation whatsoever, whether it has to do with budgeting, getting out of debt, making more money, ... Read More »

Delays in debt recoveries irk Bombay HC; asks Finance Ministry to enhance Debt Recovery Tribunal

The Bench was irked noticing a near 20-year delay by DRT. Omkar Gokhale The Bombay High Court (HC) recently observed that it is useless to say the economy will grow when funds of banks and financial institutions are stuck due to delays in resolution of cases in forums due to lack of staff and infrastructure. Noting this, the HC directed ... Read More »

How 15th Finance Commission is trying to manage South India’s anger over tax division – and failing

No other country carries within it the diversity that India does. This trite-but-true dictum extends even to taxation, with different states having markedly different rates of prosperity. Karnataka, for example, has a per capita income that is almost five times that of Bihar. Expectedly, the manner in which India distributes the tax revenue it raises between the Union government and ... Read More »

From farm sector to personal finance, here’s The Indian Express’ full coverage of Budget 2020

Union Finance Minister Nirmala Sitharaman, flanked by her deputy Anurag Thakur (to her right) and a team of officials, shows a folder containing the Union Budget documents as she arrives at Parliament Facing one of the steepest slides in growth and just into the first year of its second term, the NDA-2 government decided to play safe when it came ... Read More »

Budget 2020: Halwa ceremony to be held in Finance Ministry

Desi sweet dish halwa, which is part of most auspicious ceremonies or events held in the country, has been prepared and distributed among staff and members by successive governments before kick-starting the printing of budget documents. The ceremonial distribution of halwa will be held on January 20 as it marks the official beginning of Budget 2020. The halwa ceremony will be ... Read More »

Budget 2020 | AMFI hands over wishlist to Finance Ministry

With the Union Budget just around the corner, the Association of Mutual Funds in India (AMFI) has put forth a wishlist on behalf of the mutual fund industry to the Finance Ministry. “AMFI’s suggestions have been in the Budget proposal list for a few years. We are hoping this time our long pending submissions get addressed, which would help take the Indian ... Read More »

Auto finance market to grow moderately at 6.7% by 2026

New Delhi: With softer vehicle demand worldwide, the global auto financing market is predicted to grow at a modest CAGR of 6.7 per cent in the next six years, as per a recent report. A US-based market research and consulting company Grand View Research in its latest report expects international automotive finance market to reach USD 344.1 billion by 2026. ... Read More »