[ad_1] The Ministry of Finance told Parliament that private banks are not performing in line with their market share when it comes to flagship financial inclusion schemes.The Ministry shared detailed numbers for the past five years under schemes like Jan Dhan Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY), Mudra Yojana and Stand-Up India.As of March 2025, private banks managed only 1.83 crore Jan Dhan accounts, while the national total stood at 55.18 crore. PMJJBY enrolments at private banks rose from 32 lakh in 2021 to 52 lakh in 2025,…
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[ad_1] Kinexys by J.P. Morgan, the bank’s blockchain business unit, is developing an application to tokenize global carbon credits at the registry layer as the Northern Trust Carbon Ecosystem has also expanded its capabilities. In July this year Kinexys by J.P. Morgan said in a statement that it is testing a blockchain application on Kinexys Digital Assets, the firm’s multi-asset tokenization platform, to help tokenize global carbon credits at the registry layer in collaborating with S&P Global Commodity Insights, EcoRegistry and the International Carbon Registry (ICR). Keerthi Moudgal, Kinexys by J.P. Morgan Keerthi Moudgal, head of product at Kinexys Digital Assets,…
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[ad_1] FIFAX Plc, company release, 22 July 2025 at 12:00 EESTOn 10 July 2025, FIFAX Plc (“Fifax”) filed for the company’s bankruptcy. The District Court of Åland handed down its decision to declare Fifax bankrupt (docket number 2025/715) on 14 July 2025 at 10:00 a.m. EEST. The order of bankruptcy has become final.As per applicable regulations, Fifax has applied for the delisting of its shares from the Nasdaq First North Growth Market (“First North Market”). On 22 July 2025, Nasdaq Helsinki made the decision to remove Fifax’s shares from the First North Market.Additional information:Attorney-at-Law Robert PeldánBorenius Attorneys Ltd+358 50 341 5481fifax@borenius.comCertified Advisor:Aktia Alexander Corporate Finance…
[ad_1] BlackRock, the world’s largest asset manager, recently made headlines by using its Global Infrastructure Partners (GIP) division to strike a deal with Italy’s energy giant Eni. Through this transaction, GIP agreed to acquire a 49.99% stake in Eni’s carbon capture, utilization, and storage (CCUS) business. The unit—called Eni CCUS Holding—is valued at around €1 billion, or roughly $1.2 billion. The deal reflects growing global interest in climate technologies. It also shows how asset managers and oil majors are working together to scale next-generation clean energy solutions. Carbon capture is increasingly seen as a critical part of reducing emissions from…
[ad_1] President Donald Trump’s feud with Federal Reserve Chair Jerome Powell isn’t new. For months, the president has criticized the Fed chair, whom he appointed to the role in 2017, for refusing to lower interest rates. Since Trump entered the White House in January, he has repeatedly called on Powell to step down amid disagreements over rate cuts. Learn More: 13 Cheap Cryptocurrencies With the Highest Potential Upside for You Find Out: 7 Things You’ll Be Happy You Downsized in Retirement However, Trump has denied that he plans to fire Powell, saying, “I think it’s highly unlikely, unless he has…
[ad_1] Bear markets are notoriously nerve racking with each drawdown presenting its own set of unique circumstances. Yet history shows that staying invested through volatility is often critical to achieving long-term success. As the saying goes, volatility is the price you pay for long-term performance. Even the most severe bouts of volatility have not stood in the way of success for investors who maintained a long-term approach to investing. This post provides data to help investors put bear markets in historical context and gain confidence in their long-term investment plans. To do that, we analyzed 15 bear markets since 1950,…
[ad_1] Editor’s take: Carbon offsetting has become a convenient loophole for tech giants to continue spewing massive amounts of pollution legally. Now, Microsoft is taking a new route to bury its AI-driven emissions guilt: by literally injecting treated sewage into the ground and calling it climate action. Microsoft has signed a long-term deal with Vaulted Deep to purchase carbon credits in an effort to offset emissions from its growing fleet of AI data centers. Vaulted’s specialty? Human feces – or “excess organic material,” as the official press release delicately puts it – which the company plans to inject deep underground…
[ad_1] Investors who like trying to unpick a good puzzle certainly have some material to work with when it comes to Tesla (NASDAQ: TSLA). The Tesla share price has soared 48% since April. Despite that strong performance, it still sits 19% below where it began the year. That sort of volatility would be notable even in a small company with a low market capitalisation. But Tesla is a tech giant that, even after losing almost a fifth of its value since the start of the year, still boasts a market capitalisation of over $1trn. For that big a company, such…
[ad_1] Image source: Getty Images There are different ways to earn passive income and one that I like myself is investing in blue-chip shares that pay dividends. Doing that with a £20,000 ISA could see income streams of hundreds of pounds per month in future. Here’s how. Dividend income from proven businesses Dividends are one way for a business to use excess cash it generates. There are others, though – and not all businesses generate spare cash. So, dividends are never guaranteed and even when they have been paid before, they are not guaranteed to last. Therefore, I think it…
