Finance

Where Small Businesses Affected by the 2017 Hurricane Season Can Turn for Funding

Businesses in several states and territories are struggling to recover after recent hurricanes. Harvey, Irma, Jose and Nate all had an impact on residents and businesses in the U.S. And for small businesses especially, recovery can be a lengthy process. But the early stages of recovery can be critical for small businesses. If you wait too long to secure financing and ... Read More »

Family Finance: Chennai-based Balasubramaniam couple needs to cut expenses to meet financial goals

Balasubramaniam can begin by building an emergency corpus of Rs 2.94 lakh, which is equal to his six months’ expenses S. Balasubramaniam stays in Chennai with his homemaker wife and a three-year-old son. He brings in Rs 50,000 a month as salary, of which Rs 30,000 is spent on household expenses, Rs 15,000 is given to his parents, and Rs ... Read More »

Make Planning a Part of Your Financial Strategy

Advancing in your career is an exciting step in life that often results in a higher salary, but taking care of that money is an important part of ensuring that you can reach your financial goals. With careful planning, it is possible to achieve your dreams without sacrificing your standard of living. Understand Your Risk Tolerance and Goals Having a ... Read More »

News Live: Godrej Agrovet IPO draws heavy demand, oversubscribed 95 times

Top Headlines:1. The GST Council announces steps to ease compliance burden on small businesses 2. Anti-nuclear campaign ICAN wins 2017 Nobel Peace Prize 3. Aadhaar now mandatory for post office deposits, PPF, and National Savings Certificate 4. Devalue rupee or provide stimulus: India faces difficult choices in bid to boost growth 5. Despite cut, Moody’s says fuel rate 2.5 times of Singapore benchmark ... Read More »

Small finance banks on deposit mobilisation spree on 1st year of operation

With eight out of ten small finance banks now fully operational, aggressive deposit mobilisation in the first year of operation has turned out to be the key strategy for almost all the new entities. In addition, the new age banks are betting big on technology to reduce the cost of operations.   All the operational small finance banks are offering up to 100-150 basis points higher interest rate on term deposits over market rates. ... Read More »

Running a Sideline Business? 5 Tax Issues You MUST Consider

Today, many people have a sideline business to make extra money, to test a business concept, or to just enjoy a different type of work. The gig economy, where self-employed individuals find freelance and other business opportunities through such online platforms as Uber, TaskRabbit and Upwork, is proving to be a good avenue for sideline businesses. But sideline businesses can be independent ... Read More »

Finance Entrepreneurs Want To Make It Safer for Banks To Work With Cannabusiness

Dockside Marijuana Store in Seattle One of the hardest things for a legal marijuana business to do is open a bank account, because Federal law prohibits it. In Washington state, which will sell about $1B of marijuana this year, just a handful of small banks and credit unions offer banking to cannabis businesses. Two entrepreneurs in Chicago with backgrounds in ... Read More »

[POLL] What’s Your Go-To Small Business Funding Source?

In the recently released Small Business Trends Magazine Finance Edition, the focus is on small business loans and other funding options. It’s an important issue! When you’re seeking to start a new business or expanding an existing one, it often takes money. And that includes money you currently don’t have. Where Do You Go When Seeking Money To Expand Or Start ... Read More »

Buy Dewan Housing Finance Corporation, target Rs 600: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Dewan Housing Finance Corporation with a target price of Rs 600. The current market price of Dewan Housing Finance Corporation is Rs 567.65. Time period given by analyst is intraday when Dewan Housing Finance Corporation price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 554. Dewan Housing Finance ... Read More »

China internet finance body suggests framework for virtual currencies

SHANGHAI: A senior executive at China’s internetfinance body has urged Chinese regulators to create a tougher framework of regulations to support the development of digital currencies amid Beijing’s crackdown on trading on virtual tender such as bitcoin. Chinese regulators are cracking down on the cryptocurrency sector, in a bid to stamp out potential financial risks as consumers pile into a highly risky and ... Read More »