Media baron Subhash Chandra-promoted Essel Group is aiming to settle outstanding debt owed to JC Flowers Asset Reconstruction by June, having already paid the first tranche, around ₹300 crore of the estimated ₹1,500 crore that he owes the company, industry sources aware of the development told ET. Essel Group is in the process of paying …
The typical American household needs an extra $11,434 a year to maintain the same standard of living it did in 2021. And nearly half of those with revolving credit card debt say spending on necessities contributed to their balance, according to an annual report from NerdWallet. Now, for the first time in a decade, consumer …
Insurance and retirement planning are key components, ensuring financial security in the long run. Understanding tax implications and continuous learning about financial matters contribute to a solid foundation. Personal finance empowers individuals to make informed choices, build wealth, and achieve a secure financial future. In the dynamic landscape of personal finance, navigating the complex terrain …
Q. I’m Namrata, recently employed by a software company. I find it challenging to strike a balance between spending and saving. Can you guide me in setting up a manageable repayment schedule to pay off my debts, especially credit card debt and personal loans? Personal loans and credit card loans are both high-interest debts. If …
Indian equities: going strong After a lacklustre performance in 2022, domestic equities were back with a bang in 2023. The S&P BSE SmallCap Index is up 45% year-to-date (as of 27 December). The S&P BSE MidCap Index was up 42%. International equities also did well, with the S&P 500 Index delivering 25% returns in rupee …
India bond markets have witnessed quite a bit of volatility in the last few months. The yields on the 10-year government bonds fell from 7.45% to 7% and have risen back to 7.25-7.35% due to rise in US bond yields and crude prices There is enough reason to believe that the market dynamics are changing …
This article is part of the Road to COP special report, presented by SQM. LONDON — World leaders will touch down in Dubai next week for a climate change conference they’re billing yet again as the final off-ramp before catastrophe. But war, money squabbles and political headaches back home are already crowding the fate of the planet from the …
Press play to listen to this article Voiced by artificial intelligence. This story was originally published on October 18, 2023. LONDON — It is a multibillion-dollar plan to build a metropolis in the Indo-Pacific which critics fear may one day act as a Chinese military outpost. Now the vast Colombo Port City project has a …
Imagine having a meal in your favourite restaurant. You start with appetizers, then go to the main course and end the meal with some wonderful dessert. Now think of your investment portfolio as this meal. The appetizers are like investing in direct equities, your main course is akin to investing in mutual funds and think …
The large corporates include all listed entities (barring the scheduled commercial banks) which have their specified securities or debt securities or non-convertible redeemable preference shares listed on a stock exchange and have outstanding long-term borrowings of ₹1,000 crore or above. 25% of incremental borrowings The fund raising by issuance of debt securities by large corporations mandates …