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Personal Finance Published: Monday, August 3, 2026, 19:58 [IST] State-owned Bank of Maharashtra (BoM) is now running a limited period offer called Monsoon Dhamaka and has cut its home loan interest rate to 7% per annum, down from the earlier 7.1%. The bank announced the revised rate in a statement issued over the weekend, positioning…
Sammons Financial Group, an insurer and annuity seller that owns two registered investment advisors with assets exceeding $10 billion, announced a CEO transition in which its president will assume the top role at the start of 2027. On January 1, President Rob TeKolste will become CEO and Chairman of the Board as the current CEO…
For these CFOs, summer is where the year is won or lost. This article appears in the July/August issue of Global Finance Magazine. Every spring, airlines, cruise lines, travel booking platforms, golf tour operators, race promoters and other seasonal businesses begin trying to answer the question that will define much of their year: How is…
The General Insurance Council (GIC) on Monday defended its advisory on admission criteria for fever and infectious diseases, saying the framework is based on Indian Council of Medical Research (ICMR) and Ministry of Health and Family Welfare (MoHFW) guidelines and is aimed at reducing unnecessary hospitalisations, not restricting doctors’ clinical autonomy. The…
Retail spent two years bolting chatbots onto websites that could field a shopper’s specific questions but never close a sale. Voice agents built on models like OpenAI’s GPT-Realtime are changing that, holding real sales conversations, asking the same probing questions a floor associate would and adapting as a shopper’s needs shift, all without a human…
Treasury teams are adapting to ongoing market volatility by treating uncertainty as the norm. This article appears in the July/August issue of Global Finance Magazine. Treasury teams now navigate sustained market volatility by treating uncertainty as a core factor in everydaydecision-making, rather than an exception. That’s among the central findings of the latest Herbert Smith…
Remember those ING commercials from the early 2000s in which people walked around with a giant hologram of their projected retirement number floating over their head? The ads were memorable because they distilled retirement planning to one figure: the amount of capital someone needs to maintain their lifestyle in the post-working years. Of course, there’s…
For typical buttoned-up CFOs who crave safety and security within their purview, it can’t be a great feeling to doubt whether they have a full handle on artificial intelligence oversight. A vast majority (96.5%) of the 200 North American finance chiefs surveyed for Deloitte’s second-quarter CFO Signals research said they’re at least somewhat confident of…
Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. Sony’s decision to stop manufacturing physical PlayStation game discs beginning in January 2028 has sparked petitions, boycott campaigns, widespread criticism and multi-generational discontent from the video game community. The announcement has also thrust CFO Lin Tao into…
Persistent drought and successive extreme heat waves have deprived one of Europe’s largest rivers of water, pushing the Danube’s levels in Hungary’s capital Budapest to around 10 centimeters (4 inches) on Monday, well below the previous all-time low of 33 centimeters (13 inches) set in 2018. Water levels are not expected to rise on the Danube in…