Beneath the grand chandeliers of the International Ballroom at the Beverly Hilton Hotel, at rooftop bars and at private parties at billionaires’ mansions, there was a mix of emotions among the financial titans gathered in Los Angeles this week. Many of the thousands of attendees at the Milken Institute Global Conference — a who’s who
IIFL Finance reported a consolidated net profit of ₹38.4 crore for the fourth quarter ended March 31, 2025, down sharply by 76.7% from ₹165 crore in the same period last year, as per the company’s standalone financial results. The year-on-year decline comes against the backdrop of regulatory challenges earlier in the financial year, including a
Murugan Lakshmanan is a recognized expert in cloud-native data streaming and real-time analytics. getty Real-time event streaming has transitioned from a buzzword to a cornerstone in finance. Institutions that once reconciled data overnight now respond in milliseconds. In the U.S., 75% of mid-sized banks (registration required) plan to adopt real-time payment networks by 2025. Globally,
The Digital Finance Forum’s inaugural Community Day launched with over 250 attendees exploring digital payments and innovation. A Government spokesperson said, “The inaugural Community Day of the Digital Finance Forum launched on May 7 at Pier 6 with resounding success, attracting more than 250 attendees to a full day of innovation, education, and hands-on engagement
A charity in Liverpool is being investigated by a government watchdog after concerns about its finances. CG Community Council was formed in the 1960s with the aim of improving the lives of people in the Croxteth and Gillmoss areas of the city. The Charity Commission has launched a statutory inquiry into the charity after discovering
Treasury Cabinet Secretary (CS) John Mbadi welcomed the Finance Bill 2025 proposal to move some goods from the zero-rated to the tax-exempt schedule Mbadi said the Value Added Tax (VAT) Act amendment will reduce tax expenditures in the financial year 2025/26 However, according to tax experts, the amendment could increase the consumer price of tax-exempt
President Donald Trump’s executive order ending diversity, equity and inclusion (DEI) programs in the federal government has returned financial power to the people, OJ Oleka, CEO of the State Financial Officers Foundation, told Fox News Digital. Oleka said there’s a “new sheriff in town” and that Trump is “making good” on his promise to eliminate
the company also viewed the first quarter of the year as a “strategic turning point” for the FOA brand, according to CEO Graham Fleming. Brand moves “With the recent launch of our new ‘A Better Way with FOA’ campaign, we are redefining how reverse mortgages are understood, moving the product from the margins into the
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The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage point last year. That means consumers looking to borrow are likely to have to wait a bit longer for better deals on many loans, but savers will benefit from steadier