State Bank of Mauritius’s Indian branch is the third domestic bank to be the victim of a cyber-attack in 2018
On 3 October, SBM Group, the parent company of the State Bank of Mauritius, announced that its Indian operations had suffered a cyber-attack the day before, and that as much as $14 million could have been siphoned More...
Cash still the king. Cash savings highest in a decade
The surge in cash savings at the cost of deposit growth has helped prop up financial assets, according to RBI. Demonetisation seems to have had no impact on cash savings by the Indian household, Savings are again More...
Wow! African American Small Business Ownership Up 400% in a Year, Survey Reveals
The number of African American small business owners in the United States has increased by a staggering 400% in just a year. This was the finding of a survey from the small business financing company, Guidant Financial. The State More...
How to fund child’s education: Take a loan or use own funds?
Keeping your accumulated savings invested and taking an education loan instead can benefit you. Photo: Alamy Any big-ticket spending requires you to either have the required funds in place or a financing option. More...
Personal loan interest rates, EMIs and charges – A ready reckoner
Photo: iStock Personal loans are a way to use tomorrow’s income today, and unlike other loan products such as to buy a house or pay for an education, the process involved is simple. In fact, if you already More...
Is it time for a post-growth economy?
School children take part in an outdoor class about native Amazon trees in Paragominas, Brazil’s first ‘Green City’, whose progressive policies have stopped illegal deforestation [AP] [Daylife] MORE More...
Plum: this start-up wants to get millennials investing from just £1 a month
Plum is a money management chatbot that helps you save your money ( Plum ) When it comes to savings, millennials are often criticised for choosing to spend their money on sandwiches instead of housing More...
Keyman insurance plan is meant only for select senior employees, while group term plan is a uniform benefit
Keyman insurance is meant to protect regular cash flows of a company due to death of a key person like a chief executive officer or sales head. Photo: Fanatic Studio As a company, should I buy keyman insurance More...
A dramatic end to the cinema strike: Tamil film industry now has to learn to cope up with modern tech
Theatres are happy that the strike has been called off without them having to share VPF charges, canteen sales or advertising revenue. It has been a period of discontent in Tamil Nadu. There have been a series More...
How To Be A Company That Amazon Looks Up To
Amazon CEO Jeff Bezos (AP Photo/Ted S. Warren, File) You can’t argue with Amazon’s success. It’s not just about its bottom line or stock price. It’s about a company that has become a part of people’s More...