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Author: BNW News

Breaking Free: How the salaried class can escape the debt trap

Posted on 20 February 202520 February 2025 by BNW News

In a climate where debt is often seen as an inevitable part of modern life, these strategies offer hope and practical guidance for anyone looking to break free and secure a more stable financial future.

Gold futures rise Rs 546 to Rs 86,456/10g

Posted on 20 February 202520 February 2025 by BNW News

Market watchers will be keeping a close eye on upcoming economic data and central bank communications for additional clues about future price movements.

RBI launches RBIDATA Mobile app to simplify access to economic data

Posted on 18 February 202518 February 2025 by BNW News

The RBIDATA app offers access to over 11,000 different series of economic data, presenting a comprehensive view of the Indian economy

Exports decline afresh, imports surge, widening trade deficit

Posted on 18 February 202518 February 2025 by BNW News

India’s trade deficit widened in January 2025 as exports contracted after a brief recovery, while imports surged, driven by increased machinery imports and gold inflows.

US Tariff Hike on Steel & Aluminium: Limited Impact on Indian Steel, Aluminium Producers to Feel the Heat – CareEdge Ratings

Posted on 18 February 202518 February 2025 by BNW News

Global steel consumption is projected to decline for the second consecutive year in 2024

Credit Fair Secures $5 Million from Symbiotics Investments backed by British International Investment

Posted on 18 February 202518 February 2025 by BNW News

The bond was issued by Symbiotics Investments and subscribed to by British International Investment (BII)

AIBEA condemns alleged harassment of women officers at Union Bank of India

Posted on 16 February 202516 February 2025 by BNW News

According to the AIBEA, the incident occurred on February 12, 2025, when the two women, both Relationship Managers, were summoned without prior notice to the Regional Office at 9:30 AM

Citi Expects Social Finance Funding in Asia to Rise Over 10% in 2025

Posted on 14 February 202514 February 2025 by BNW News

In 2024, Citi played a key role in mobilizing over US$2 billion across Asia through social finance transactions.

India’s Microfinance Sector Expands Amid Rising Risks: Infomerics Ratings Report

Posted on 14 February 202514 February 2025 by BNW News

The microfinance industry currently operates with 168 Micro Finance Institutions (MFIs) across 29 states, serving 64 million borrowers

Romance scams hit six-year high in 2024, Moody’s reports

Posted on 13 February 202513 February 2025 by BNW News

The rise of these scams poses significant challenges for the financial system, as criminals often use traditional banking channels to launder illicit funds. Financial institutions face increased scrutiny and potential reputational damage if they fail to detect and prevent such activities.

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