Members of Parliament (MPs) have passed the proposed Finance Bill 2025, which will raise funds to support the financial year 2025/26 budget. Search option is now available at TUKO! Feel free to search the content on topics/people you enjoy reading about in the top right corner 😉 National Assembly Finance Committee chair Kimani Kuria. Photo:
MADISON (WKOW) — Renewed budget talks between Gov. Tony Evers and legislative Republicans appear to have fallen apart again. The Joint Finance Committee’s executive session to discuss the state budget was put on hold Thursday. Just a few minutes before it was scheduled to start at 1 p.m., Senate Majority Leader Devin LeMahieu (R-Oostbug) sent
MADISON (WKOW) — Renewed budget talks between Gov. Tony Evers and legislative Republicans have fallen apart again. The Joint Finance Committee’s executive session to discuss the state budget was canceled Thursday, shortly before it was scheduled to start. Senate Majority Leader Devin LeMahieu (R-Oostbug) sent out a statement saying JFC was “paused.” “Conversations between legislative
MANSFIELD — Mansfield Finance Director Kelly Converse, for a second straight month, has illuminated revenue caution lights for City Council. In May, Converse told local lawmakers income tax revenues were lagging 1-percent below estimates for 2025 through April. She said this largely stems from changes at the state level in business net profit tax collections
The Reserve Bank of India (RBI) on Thursday, June 19, unveiled its project financing directives, stipulating that lenders must maintain a general provisioning of 1.25% on commercial real estate, and 1% each on commercial real estate — residential housing and other portfolio during the construction phase. The directives will come into effect from October 1,
The Reserve Bank of India (RBI) has published project financing directives laying out norms for resolving stress in project finance, provisioning requirements for projects and flexibility provisions for banks, among other things. The directives will come into force with effect from October 1, 2025. In May 2024, the RBI consulted on the draft guidelines on
In today’s volatile market conditions, fixed deposits (FDs) continue to be one of the safest and most trusted investment options for risk-averse investors. For many people, especially senior citizens, parking funds in a fixed deposit account with a small finance bank (SFB) ensures stable returns while staying protected from daily market ups and downs. What
Chennai-based BFSI player Shriram Finance expects much better growth in the second half of the financial year ending in March 2026. Over the next six months, the RBI’s rate reduction is expected to reflect in NBFCs. According to Umesh Revankar, Executive Vice Chairman of Shriram Finance, typically NBFCs have around 20–30% of their borrowings from
Make the most of your money while rate cuts are on hold. Maria Forbes/Getty Images Despite mounting pressure to lower interest rates, the Fed chose to keep rates where they are at this week’s Federal Open Market Committee Meeting. With interest rate cuts on hold so far this year, policymakers have more time to assess
Personal finance best practices getty Mastering personal finance is an essential life skill. Beyond managing money, it’s about optimizing what you already have to build wealth and achieve financial freedom. Whether you are just beginning your career or want to enhance your habits, this article discusses seven best practices that can anchor your financial life