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L&T Finance signs financing pact with ADB for $125 million
L&T Finance, a Non-Banking Financial Company (NBFC), said it has signed a financing agreement with Asian Development Bank (ADB) for $125 million to support financing in rural and peri-urban areas in India, particularly for women borrowers.The funding comprises a loan of up to $125 million from ADB, and an agreement to syndicate an additional $125…
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3 tax changes in the fiscal update you may have missed
Breadcrumb Trail LinksTaxesPersonal FinanceJaime Golombek: Changes may affect you if you own real estate or have a privately owned businessThe federal government announced that starting Jan. 1, 2024, it will deny income tax deductions for expenses incurred to earn short-term rental income. Photo by Peter J. Thompson/Financial PostReviews and recommendations are unbiased and products are…
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Warburg Pincus, 2 promoters offload ₹750 crores in Home First Finance shares
Global private equity firm Warburg Pincus and two promoter group entities divested shares of Home First Finance worth ₹750 crore via open market on Thursday, for the second time in six months, according to bulk deals data. Warburg Pincus, via its subsidiary Orange Clove Investments BV, divested 28,83,819 shares, representing a 3.3% stake in the…
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Clifford Chance advises on a 236MW project finance in Spain
Clifford Chance has advised Galp on the Project Finance of five PV plants with an aggregate capacity of 236 MW located accross Spain. Image: partner Jose Guardo, with senior associate Eduardo Sánchez. The c.€120m syndicated financing included innovative arrangements, in particular related with the hybridisation of the plants. The Clifford Chance team was led by…
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Israel’s economic growth to slow to 2% in 2023, 1.6% in 2024 due to war -finance ministry
JERUSALEM, Nov 23 (Reuters) – Israel’s economy is expected to grow 2% in 2023, down from a prior estimate of 2.7%, the Finance Ministry said on Thursday citing the effects of Israel’s war with Hamas.For 2024, the ministry projected growth of 1.6% as its main estimate based on a war that will continue through the…
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Higher levels of financial optimism associated with lower levels of cognitive ability
The Predicted Relationship Between Cognitive Ability and the 5-Point Unrealistic Optimism Scale—Sociodemographic, Socioeconomic and Educational Attainment Controls Included. Note. Bars (with 95% confidence intervals) represent the predicted probabilities of unrealistic optimism, for those high (+2 standard deviations from the mean) and low (−2 standard deviations from the mean) on cognitive ability. Credit: Personality and Social…
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Sundaram Home Finance to double SBL branches, to set foot in Telangana
PTI November 23, 2023 / 07:50 PM IST The company registered a net profit of Rs 117 crore on disbursements of Rs 2,307 crore for the half year ended September 30 this year.
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War, me worry? Israel’s far-right finance minister seems unconcerned about Gaza war costs
For most Israelis, the tragic events of October 7 and the ensuing war put an end to the conflict over the judicial overhaul that split the nation. .htz-loader-circle{ -webkit-transform-origin:center center; transform-origin:center center; -webkit-animation:htz-loader-animation 1.5s infinite linear; animation:htz-loader-animation 1.5s infinite linear } @-webkit-keyframes htz-loader-animation{ 0%{ -webkit-transform:rotate(0); transform:rotate(0) } 100%{ -webkit-transform:rotate(-360deg); transform:rotate(-360deg) } } @keyframes htz-loader-animation{ 0%{…
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Sundaram Home Finance plans to disburse ₹100 cr. small business loans
Sundaram Home Finance Ltd., (SHFL) is targeting to disburse ₹100 crore worth of Small Business Loans (SBL) over the next 12 months, said Managing Director D. Lakshminarayanan.As part of its growth strategy, SHFL has decided to foray outside of Tamil Nadu into Telangana to expand its business activities, even while doubling the total branches to…
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‘How Do I Shut Down My Dad’s Comments About Money?’
Photo-Illustration: by The Cut; Photo: Getty Images My boyfriend and I are going to my dad and stepmom’s house for both Thanksgiving and Christmas this year. My dad had major surgery in October, so I want to spend as much time with him as I can. My boyfriend understands this and is going along with…