India’s largest private sector lenders HDFC Bank and ICICI Bank have both hiked their Foreign Currency Non-Resident (Bank) interest rates for fixed deposits this month, disclosures on their websites showed. FCNR FD interest rates are the rates of return banks offer on tenured deposits held in foreign currencies by Non-Resident Indians (NRIs) and allow them…
India has about 40,000 to 45,000 families with financial wealth above Rs500m ($5.2m), Shah said. Credit: annacovic/ Shutterstock.com. India’s 360 ONE WAM plans to lift its share of the country’s ultra-high-net-worth wealth market in the coming years as demand for asset management in this segment increases. The firm now accounts for nearly 10% of the…
Acquisition adds oral solid dose development and small‑scale commercial manufacturing, expanding Codis’ integrated spray dry offering in Europe Nottingham team brings more than two decades of formulation and clinical supply expertise into the Codis organization Combined with Codis’ commercial‑scale PSD‑4 investment in Haverhill, UK, the acquisition establishes the region’s most comprehensive spray dry pathway from…
Predicting which products and services will become mainstream in defined contribution plans is a tricky and at times life and death exercise. Firms use market research and focus groups to eliminate fringe or niche services but there are no guarantees. After over five years, it’s fair to ask the same questions about pooled employer plans,…
Imagine clearing your home loan after years of repayments, only to find that the bank has lost your original property documents. That is what happened to a Delhi-based couple, who had to fight a legal battle after Axis Bank reportedly failed to return their original sale deed even after their loan was closed. According to…
Mortgage interest rates are likely to move higher in August as the war in Iran appears to be intensifying. The war’s outbreak initially spurred mortgage rates higher this spring, and rates’ fates continue to be tied to news from the Middle East. It’s true that the Federal Reserve didn’t raise the funds rate at its…
Comprehending your company’s tax obligations is vital for compliance and financial health. You need to grasp federal and state corporate income tax rates, calculate taxable profits accurately, and file annual returns without delay. Moreover, payroll tax requirements, including withholding taxes, must be met. Keeping precise financial records is imperative to avoid penalties. As you navigate…
Cards in a World of Constant Change: Why They Still Matter For years, we’ve heard that the payments ecosystem is evolving at an unprecedented pace—and maybe that’s just the new normal. A few years ago, “invisible” and “embedded” payments—think paying for an Uber ride without even noticing—were the big story. So were instant transfers, like…
Personal Finance Published: Monday, August 3, 2026, 20:29 [IST] Bharat Petroleum Corporation Limited (BPCL) has issued an important advisory asking domestic LPG customers to complete their Aadhaar-based electronic Know Your Customer (e-KYC) verification to ensure uninterrupted LPG services and subsidy benefits. In some cases, they may have to purchase LPG cylinders at the prevailing market…
Elliott Kunstlinger (pictured top) brings a unique perspective to the market. As a senior mortgage broker at Eastern Union who has worked the ownership side, the brokerage side, and back again, he has closed nine-figure deals across multiple cycles and knows which sectors are moving right now. The ones that are moving are being boosted…