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BORROWING MONEY FROM FRIENDS
French proverb of the day: 'All the treasure of Earth cannot bring back...' Life lessons on time's importance, material wealth, control, experiences and mindfulnessFrench proverb of the day highlights the timeless truth that no amount of wealth can recover time that has already passed. The saying teach...
RBI opens term money market to AIFIs, housing finance companiesThe Reserve Bank of India has opened the term money market to All India Financial Institutions and housing finance companies, allowing them...
RBI proposes to further enhance money market participation, liquidityThe Reserve Bank of India is proposing new guidelines to boost participation and liquidity in the term money market, allowing entities to s...
RBI draft allows AIFIs, HFCs to borrow from call moneyThe Reserve Bank of India (RBI) has proposed allowing All India Financial Institutions (AIFIs) and housing finance companies (HFCs) to borr...
State borrowings must focus on asset creation, not just revenue expenditure: FM Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman urged state governments to invest borrowed funds in long-term assets like schools and hospitals, ...
Psychology explains why lending money to friends can damage a friendship; even when it's returnedLending money to friends can unexpectedly strain relationships, a 2024 study reveals. Lenders often feel a sense of ownership and develop e...
Sri Lanka offers better value than Rishikesh, man claims after staying in beach-facing hotel for half the priceA recent social media post highlighted a stark cost difference between domestic and international travel, with a friend opting for Sri Lank...
Nithin Kamath recalls falling for a pyramid scheme, warns retail investors against 'easy money' promisesZerodha co-founder Nithin Kamath shared his past entanglement with a pyramid scheme in his late teens, emphasizing that wealth building req...
Bank of India eyes $3.5 billion foreign currency inflows on RBI's dollar pushBank of India aims to raise approximately $3.5 billion through foreign currency deposits and overseas borrowings, leveraging recent RBI mea...
MTF hits record Rs 1.27 lakh crore as investors borrow more to buy stocks. Is it a ticking time bomb?Indian investors are ramping up margin trading at a record pace, pushing the MTF book to an all-time high of Rs 1.27 lakh crore in May 2026...
Can a bank seize your vehicle after EMI default? What borrowers need to knowFacing vehicle repossession in India? Understand your rights: lenders can't seize your vehicle after just one or two missed EMIs without du...
He cleaned toilets for Rs 1200, cleaned food trays at mall and worked as a security guard in Canada. Now, the Punjabi actor-singer has net worth of Rs 150 croreGippy Grewal, the voice behind Angreji Beat, went through many hardships before finding success. He borrowed money to make music albums, bu...
Best proverb of the day: “ In life, few things matter: a family…”A timeless reminder that true happiness lies in love, loyalty, and meaningful relationships, not in wealth or successBest Proverb of the Day: True happiness stems from strong relationships, not material wealth. A supportive family offers unconditional love...
Banks seek RBI clarity on leveraged NRI FCNR deposit structuresIndian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...
Amish proverb of the day: ‘He who has no money is poor; he who has nothing but money is even poorer.’ - a lesson on the wealth that money can't buyAmish proverb of the day highlights that true wealth lies beyond monetary possessions. The saying emphasizes that a life solely focused on ...
Best Proverb of the Day: “Never marry for money. You'll borrow it cheaper.” — A timeless lesson on love and relationshipsBest Proverb of the Day: The famous Scottish proverb offers a timeless lesson that one should always prioritize genuine connection over fin...
Sanchita Ugale's father alleges she was being 'harassed'. Close friend makes shocking claims against Kumkum Bhagya actress' co-star Ujjwal SharmaActress Sanchita Ugale, known for Kumkum Bhagya, was found dead at her residence. Her father alleges she faced emotional distress and haras...