The best financial advice tends to apply to pretty much everyone. You don’t need a spreadsheet of pros and cons and complex scenarios. What you need is a rule of thumb. There’s no shame in using one-size-fits-all advice. A study of West Point cadets, for example, found teaching rules of thumb was at least as effective as standard personal finance training in increasing …
In general, the times when you need money the most are going to be the times when it’s hardest to get. Think about it from a lender’s perspective. If you’re hemorrhaging money, you’re a lousy risk. But even successful entrepreneurs have moments when there’s just an ugly money crunch, and the only thing that will get them past it is …
Grigory Dukor | Reuters Sergei Gorkov, Chairman of State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)”, speaks with participants during the St. Petersburg International Economic Forum (SPIEF), Russia, June 2, 2017. It has offices in a sleek Manhattan skyscraper. Its bonds are accessible to millions of American investors. And it holds ties to some of New York’s …
To make overseas exports easier for Indian companies, especially SMEs, Denmark-based AP Moller – Maersk, one of the largest container shipping companies globally, has set up a new business vertical, Maersk Trade Finance. In a nutshell, Maersk Trade Finance is a digital platform with pre-shipment and post shipment credit facilities. It enables exporters – manufacturers or traders – to not …
CHENNAI: Non-banking finance company Sundaram FinanceBSE 1.02 % has recorded a 13.9 per cent rise in its fourth quarter net profits ending March 31, 2017 at Rs. 139 crore. The city-based company had clocked net profits at Rs. 122 crore during the corresponding quarter of previous year, a top official said. For the full year ending March 31, 2017, the …
In a report issued by ADFD to mark Jordan’s 71st Independence Day, the Abu Dhabi Fund for Development announced that by end-2016, it provided financing for 31 development projects with a cumulative value of Dh5.7 billion through government grants and concessionary loans. The projects covered several sectors, namely mining, water and irrigation, transport, housing, agriculture, energy, education and health care. …