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India is well-poised to be the most powerful economy of tomorrow.Past few months have been months to forget for the Indian economy. The rupee became the worst-performing currency in Asia this month, and Q1 GDP at 5 per cent fell to a 6…

“Further, the limit on total indebtedness of the borrower has been increased from Rs 1 lakh to Rs 1.25 lakh,” the circular said.The Reserve Bank of India (RBI) on Friday increased the household income limits for borrowers of NBFC-MFIs…

The yield on the new benchmark bonds — 6.45% yielding government securities maturing in 2029 — closed 5 basis points higher at 6.56%, hitting the highest level since they were launched in October this year.Bond yields moved higher on…

MARKETWATCH FRONT PAGE In 2011, at 50, I took early retirement from my job as an air-traffic controller, left Texas and began traveling the world. See full story.How to dig yourself out of debt…

Despite the outflows from equity funds, assets under management of Indian mutual funds (MFs) in October rose 7% to Rs 26.32 lakh crore compared to September.For the fifth month in a row, inflows into equity funds declined. Net inflows…

Non-interest income jumped 24.31% y-o-y to Rs 511.14 crore.State-run Allahabad Bank on Friday reported widening of its net loss to Rs 2,114.06 crore for the second quarter ended September 30, against a net loss of Rs 1,822.71 crore in…

The market capitalisation of the BSE stood at Rs 152.72 lakh crore.The surge in the benchmark indices was halted on Friday, with global ratings agency Moody’s lowering India’s outlook to ‘negative’ from ‘stable’, citing concerns over…

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ZURICH (Reuters) - The world’s richest people became a little less well off last year, according to a report by UBS (UBSG.S) and PwC, as geopolitical turmoil and volatile equity markets reduced the wealth of billionaires for the first…

Incidents described in the Medium post included being targeted for negative performance reviews or snide comments.Facebook apologised on Friday after black employees anonymously shared feelings of workplace bias in an online post. The…