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The Reserve Bank of India has introduced a new framework to improve transparency and streamline floating-rate term loans. The new set of rules makes it mandatory for banks and other financial institutions to respond more quickly to policy repo rate changes and accelerate the transmission of those changes to borrowers. Further, the central bank has…
The insurance and accounting professions have long had professional fraternities for college students pursuing those majors. And about three years ago, Mac Gardner, founder and chief education officer at FinLit Tech, created Mu Nu Upsilon, the first professional fraternity for financial planning. The first active chapter started at the University of South Florida, where he…
The government has launched a register of trusted traders and a payment app this month aimed at protecting homeowners from fraudulent builders, following reports that 4.8 million homeowners experienced problems with home repair jobs in the previous 18 months. According to Citizens Advice data published in July, approximately 1.7 million homeowners had to pay additional…
The AI sector has experienced unprecedented growth in recent years, lifting the rest of the stock market with it. The catch, though, is that these stocks can also drag the market down if they falter. The top 10 largest AI-related stocks now make up over 40% of the S&P 500 (^GSPC +0.21%), according to research…
AMSTERDAM, July 28, 2026 /PRNewswire/ — Every electric vehicle market tracked by OLX Group (“OLX”) is still growing at double or triple-digit rates, and Chinese automotive brands are capturing a growing share of that demand, according to new data published today. Demand for EVs continues its growth across Europe with Chinese brands increasing market share, new…
CLEVELAND, Sept. 16, 2026 /PRNewswire/ — KeyCorp (NYSE: KEY) and its banking affiliates have raised their prime lending rate to 7.00 percent from 6.75 percent, effective tomorrow, Sept. 17, 2026. About KeyCorpKeyCorp’s roots trace back more than 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based…