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NFO Alert: DSP Mutual Fund launches DSP Banking & Financial Services Fund; all you need to know
DSP Mutual Fund announced the launch of the DSP Banking & Financial Services Fund. The scheme opened for public subscription on November 20, 2023, and will close on December 04, 2023. The scheme re-opens for continuous sale and repurchase within five days from the date of allotment. What kind of mutual fund scheme is this?This…
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How to Talk About Your Financial Plan While Passing the Pie
Talking about finances with your family can be challenging. Questions such as, “When I die, will you be my executor?” or “My wishes after I pass are…” may not come up naturally when your home is filled with family members and smells of the approaching feast. However, Thanksgiving is a time for families to gather…
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Sensex, Nifty Close Lower For Second Day As Bajaj Finance, M&M, L&T Drag: Market Wrap
India’s benchmark stock indices closed lower for the second day in a row on Monday after swinging between gains and losses, led by declines in Bajaj Finance Ltd., Mahindra & Mahindra Ltd., and Larsen & Toubro Ltd.The auto sector dragged, whereas I.T. shares advanced in trade.The S&P BSE Sensex closed down 140 points, or 0.21%,…
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Seven Financial Planning Strategies for Physicians
When my wife became a doctor, I saw the financial challenges that physicians and other medical professionals face due to heavy workloads, long hours and the emotional stress of their jobs. Sadly, many medical professionals, especially doctors, often overlook financial planning. The purpose of this article is to guide physicians in accessing financial resources and…
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Bajaj Finance underperforms Monday when compared to competitors
Bajaj Finance Ltd. 500034 shares shed 2.11% to 7,067.30 Indian rupees Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P BSE Sensex Index 1 falling 0.21% to 65,655.15. Bajaj Finance Ltd. closed 1,122.70 rupees below its 52-week high (8,190.00 rupees), which the company reached on October…
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Climate finance surpasses $1trn a year
Share this article <!– –> Global climate finance flows surpassed $1trn in 2021. Credit: shomos uddin/Getty Images. Six years on from the Paris Agreement, annual climate finance flows across the globe surpassed the $1trn mark in 2021, according to new research from US non-profit the Climate Policy Initiative (CPI). However, that level still needs…
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Hydrogen heads call for European finance reform
The Renewable Hydrogen Coalition is calling upon the 27 European Ministers of Finance to streamline financing to renewable hydrogen and electrolyser manufacturing capacity within Europe.In a joint letter released today, 14 chief executives from the coalition are also urging European Ministers of Finance to allocate national budgets to the European Hydrogen Bank.The critical first wave of European renewable hydrogen…
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Leidos Appoints Rachel Willard as Finance VP, Dynetics CFO
Rachel Willard, formerly director of program finance and business transformation at Leidos (NYSE: LDOS), has been named vice president of finance and Dynetics chief financial officer, according to a recently published LinkedIn post. She will oversee rate development and maintenance, accounting, internal controls, budgeting, forecasting, results analysis and other financial management functions for the company’s…
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Jio Financial Services considering maiden bond issue, plans to raise ₹5,000-10,000 crore: Report
Jio Financial Services (JFS), which was recently carved out from Reliance Industries Ltd (RIL), is considering its maiden bond issue with a plan to raise up to ₹10,000 crore, a report said on November 20. The financial services arm of RIL is in talks with merchant bankers, and is planning to launch the issue in…
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RapiPay Fintech and Jana Small Finance Bank Limited Partner to Unveil the Future of Hybrid Consumer Banking with NYE Mobile App
RapiPay Fintech Private Limited has partnered with Jana Small Finance Bank Limited to offer digital banking experience to the customers through its financial mobile app, NYE. NYE App, a B2C digital banking initiative of RapiPay Fintech has integrated wide range of financial services under one user-friendly platform. Jana Small Finance Bank’s mission of transforming traditional…