A survey has found that at the end of 2018 confidence in Australia’s property industry fell to its lowest level in five years. According to the ANZ/Property Council of Australia survey, overall confidence in the Australian property industry fell by 11.3% over the past 12 months, reaching its lowest point since […]
Divya Baweja, Preeti Gupta and Sahil Bhasin The globalisation of the economy and development of international trade and business has considerably increased the international movement of individuals across geographies. The existence of differing regimes in various countries often plays an important role when it comes to cross-border movement of employees […]
Several Australian banks have adjusted their home loan interest rates this week, with some lenders lowering their fixed rates, while others increased theirs. St.George this week reduced some of its fixed interest rates, including the 2 Year Owner Occupier Principal & Interest home loan, which went down by 0.06% p.a., as well […]
Tapan Singhel As per a recent report, India has surpassed the US in smartphone sales in the third quarter of 2018. With the e-commerce segment driving cellphone sales, India is set to cross the 50 million mark in a year for the first time ever in 2018. Apart from buying […]
In October 2017, Umesh Rathi, 48 years, salaried person residing in Indore required Rs 5 lakh for home renovation. He applied for credit line loan from a fintech organisation using mobile handset instead of traditional method of applying for a personal loan at banks. A credit line is pre-approved credit provided to […]
Sumitosh Naskar is a farmer from West Bengal who has been making use of the Pradhan Mantri Fasal Bima Yojana (PMFBY) for the past two years. When he faced losses of Rs 200,000 during Kharif 2017, he was hoping the claim would be credited in a few weeks, but it […]
Mutual funds transfer agency Computer Age Management Services (CAMS) has introduced a new facility titled advanced net asset value (NAV) search for distributors and investors, as per Cafemutual. Investors and distributors can use this facility on www.camsonline.com or myCAMS app. The advanced NAV search will allow investors and distributors to check NAVs […]
Debenhams is under fresh pressure after it emerged credit insurers have reduced cover for suppliers to the department store chain in the latest sign of the challenges facing Britain’s high streets. Suppliers use credit insurance to protect themselves from the risk of not being paid. Euler Hermes, a leading insurer, is […]
Today’s housing finance figures are further evidence of the continued slide in Australia’s housing market. The ABS housing finance figures for August, released today, show an overall drop of 2.1 per cent from the previous month. It is the lowest recorded figure since January 2016 in seasonally adjusted terms. Owner-occupier […]
More than a dozen lenders are spruiking cash back deals, rewards points and even free electricity in a bid to attract new home loan customers. But RateCity has warned that these deals could leave borrowers up to $85,000 out of pocket. The Commonwealth Bank is the latest lender to launch a special offer with […]
New Delhi: The Reserve Bank of India (RBI) in its monetary policy announcement on Wednesday kept key interest rates at hold, but its observations on Marginal Cost of Funds based Lending Rates (MCLR) may bring cheers to Pre-April 2016 home loan borrowers. The home loan rates of the Pre-April 2016 […]
