Jay Zagorsky, a former adviser at the Boston Federal Reserve, emphasizes the advantages of physical cash over digital alternatives. He argues that using cash can significantly benefit society, personal savings, and security. Zagorsky believes that cash encourages people to manage their finances better and helps them to save more, as it is more tangible than ...
 "Atishi, Delhi’s new CM, prepares to launch a pivotal cash transfer scheme for women ahead of upcoming assembly elections.")
Delhi’s newly appointed Chief Minister, Atishi, is set to launch a monthly direct benefit transfer program for women as a key initiative ahead of the upcoming Assembly elections. This program, first announced by Atishi while she served as the finance minister during the presentation of the 2024-25 state budget, is expected to roll out in ...
 "Indian firms achieved a record cash flow of Rs 11.1 trillion in FY24, marking a dramatic 19.3% increase.")
In the financial year 2023-24, Indian companies achieved a remarkable milestone by generating a net cash flow of Rs 11.1 trillion from their operations. This figure marks the first time cash flow has crossed the Rs 10-trillion threshold, as reported by the Centre for Monitoring Indian Economy (CMIE). The new cash flow represents a significant ...
In a significant development ahead of the Haryana Assembly elections, the Congress party has unveiled seven key promises aimed at transforming the state’s socio-economic landscape. Notable among these guarantees is a monthly assistance of Rs 2,000 for women and a pledge to ensure homes for all, emphasizing the party’s commitment to women’s empowerment and housing ...
Prime Minister Narendra Modi will launch the Subhadra Yojana, a cash incentive scheme for women, in Bhubaneswar on his birthday. This initiative marks a significant achievement for the Mohan Majhi-led BJP government during its first 100 days in office. The scheme aims to enhance the party’s support among women voters, and it was a crucial ...
 "Sebi’s new rules ease margin trading, allowing cash collateral as maintenance margin, enhancing business efficiency and reporting requirements.")
The Securities and Exchange Board of India (Sebi) has introduced new guidelines to ease margin trading for investors. Now, securities funded with cash collateral can qualify as a maintenance margin for the margin trading facility (MTF). This change aims to reduce the need for additional collateral. Sebi received requests from Market participants to modify the ...
 "Interest rate cuts may delay cash movement; Treasury yield inversion persists despite a positive gap, keeping money market assets soaring.")
The gap between two-year and 10-year Treasury yields has turned positive for the first time in about a month, according to analysts at JPMorgan. Despite potential interest rate cuts, investors are unlikely to quickly move away from shorter-dated government bonds, which currently offer attractive yields above 5 percent. The yield curve remains inverted in some ...
A group of Indian individuals who fell victim to a cryptocurrency scam in Cambodia are now demanding more local jobs as their “quick money dream” turns into a nightmare. The scam lured these Indians with promises of easy wealth, but left many in financial ruin. Now, they are calling for greater employment opportunities within Cambodia ...
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