Finance agency fined for failing to issue NOC

Finance agency fined for failing to issue NOC

Tribune News Service Amritsar, November 25 The district consumer disputes redressal forum has directed a finance agency to pay Rs 5,000 as compensation and Rs 3,000 as litigation expenses to a local resident for failure to issue a no objection certificate (NOC) even after settling a loan that he had availed. The forum also directed […]

Council finance panel hears bond options; Issue could be first major vote for next council

Council finance panel hears bond options; Issue could be first major vote for next council

GLASGOW – By its December meeting, the Glasgow Common Council is likely to have some relatively firm numbers to consider as it weighs how to fund improvements to the city’s parks and recreation facilities. The council Finance Committee met Wednesday afternoon to receive some preliminary information about bonding options. Stephanie Garrett, city treasurer, said she […]

Brexit deal is best option to protect British economy – finance minister

Brexit deal is best option to protect British economy – finance minister

Britain’s Chancellor of the Exchequer Philip Hammond leaves Downing Street in London, Britain, November 22, 2018. REUTERS/Henry Nicholls EDINBURGH (Reuters) – Britain’s draft deal to leave the European Union is the best available solution to safeguard the economy and start to reunite a divided country, Chancellor Philip Hammond said on Saturday. Prime Minister Theresa May […]

Egypt on Track to Achieve Its Financial Targets – Finance Minister

Egypt on Track to Achieve Its Financial Targets – Finance Minister

Egypt’s state revenues grew by 35.5 percent in the first quarter of this fiscal year, putting the government on track to achieve its targeted primary budget surplus of 2 percent, the finance minister said on Friday. Government investment rose 85 percent while tax collection increased by 39.8 percent, Finance Minister Mohamed Maait said in a […]

Highlights of Finance Minister Bill Morneau's fall fiscal update

Highlights of Finance Minister Bill Morneau's fall fiscal update

OTTAWA — Finance Minister Bill Morneau rolled out his fall fiscal update on Wednesday, framing it as the federal government’s response to dealing with the competitiveness challenges posed by aggressive moves south of the border. Here are the highlights: Overall, new measures over the next five years will cost the federal treasury $17.1 billion, with […]

French Finance Minister spoke to Renault executives, to have briefing on Wednesday

French Finance Minister spoke to Renault executives, to have briefing on Wednesday

French Finance Minister Bruno Le Maire speaks during a news conference about the situation with Renault, at the Bercy Finance Ministry in Paris, France, November 21, 2018. At R, Renault interim chairman Philippe Lagayette. REUTERS/Christian Hartmann PARIS (Reuters) – French finance minister Bruno Le Maire will hold a briefing on Wednesday to discuss the situation […]

Stocks fall, tech tumbles, bitcoin crashes

Stocks fall, tech tumbles, bitcoin crashes

Stocks plunged, showing no respite after Monday’s equity rout. The S&P 500 (^GSPC) fell 1.33%, or 35.91 points, as of 10:38 a.m. ET. The Dow (^DJI) tumbled 1.79%, or 448.5 points, and the Nasdaq (^IXIC) fell 1.2%, or 84.64 points. A broad sell-off in equities Monday sent the Dow tumbling by more than 500 points […]

Blackstone Mortgage Trust: Buy This 7.1% Yielding Commercial Real Estate Finance Company

Blackstone Mortgage Trust: Buy This 7.1% Yielding Commercial Real Estate Finance Company

Blackstone Mortgage Trust, Inc. (BXMT) is a promising high-yield income vehicle for investors that look for high, recurring dividend income. The real estate investment trust benefits from a strong commercial real estate market in the United States and has considerable net interest income upside in a rising rate environment thanks to its large portfolio of […]

Family Finance: Why Sharmas need to put off goal of buying a car

Family Finance: Why Sharmas need to put off goal of buying a car

Aditya Sharma, 31, is employed and gets a monthly salary of Rs 54,000, while his wife, Anvesha, 26, is a homemaker. The couple does not have any children and stays in a rented house in Pune. They have, however, booked a house with the payment of Rs 1 lakh. After a year, they will make […]