US Fed rate cut: How does it impact mortgages, credit card and savings accounts interest of Americans? Explained
Federal Reserve policy adjustments influence consumer costs for various financial products. (AI image) How does the US Federal Reserve’s decision to cut the benchmark rate by 25 basis points to the 4-4.25% range impact the lives of common people in America? The Federal Reserve establishes the federal funds rate, which governs inter-bank lending practices. Although…
Bima Sugam India Federation website launch: IRDAI Chairman says ‘milestone’ for insurance sector — all you need to know
Ajay Seth , Chairman of the Insurance Regulatory Development Authority of India (IRDAI) on September 17 (Wednesday), launched the official website of Bima Sugam India Federation (BSIF). In a statement, BSIF has been touted as the “first visible step” to building the country’s Digital Public Infrastructure (DPI) for insurance. The development is aligned with the…