When you buy a new car, you may wonder if the warranty covers all the things that aren't covered. After all, most warranties don't cover any of the following: brake pads and rotors, batteries, windshield…
Indian banks’ loans rose 6.6% y/y in two…
Indian banks' loans rose 6.6% in the two weeks to Feb. 26 from a year earlier, while deposits rose 12.1%, the Reserve Bank of India's weekly statistical supplement showed on Friday. Outstanding loans rose 712.73…
Mutual funds trim blue-chip holdings amid redemption pressure
Mumbai: Mutual funds continued to trim their holdings in various blue-chip stocks in February as continued redemption pressures prompted money managers to offload liquid stocks. Edelweiss Alternative Research said in a note that mutual funds…
SBI to conduct e-auctions of 12 bad accounts…
SBI will conduct e-auctions of 12 bad accounts this month to recover dues of over Rs 506 crore under sale to asset reconstruction company (ARC) mechanism. "In terms of the bank's policy on sale of…
Stimulus checks and expanded tax credits: Here’s how…
Getty ImagesBetween stimulus checks and expanded tax credits in the latest Covid-relief package, most U.S. households are poised to get some extra cash.The amount? An average of $ 3,450 for the bottom 60% of earners…
First $1,400 stimulus checks will go to those…
Ting Shen/Xinhua via Getty ImagesThe federal government will issue the first batch of $ 1,400 stimulus checks to Americans who gave direct deposit information when they filed taxes for 2019 or 2020, a Treasury Department…
That raise you got might complicate saving for…
Supoj Buranaprapapong | Getty ImagesIt's always nice getting a raise, but it could affect your ability to save for retirement through your 401(k) plan.Highly compensated employees — those making more than $ 130,000 annually —…
Congress wants to waive taxes on unemployment. Some…
Daniel Acker/Bloomberg via Getty ImagesCongress may soon offer a tax break to unemployed Americans. States may not be so generous.The Senate passed a $ 1.9 trillion Covid relief bill on Saturday that waives tax on…
Lenders cut exposure to lower rated developers, improve…
Lenders to home builders have reduced their exposure to lesser rated firms drastically in the past year as the proportion of exposure to double B and above rated builders have risen more than a quarter…