Fitch cut the country to CCC from B- on Tuesday, after reserves dipped by $2.1 billion last year to just $1.7 billion, most of which is held in gold, the ratings company said. The landlocked South American nation has struggled… Read More »Bolivia cut deeper into junk by Fitch on falling reserves

Insurance regulator’s draft product regulations in December 2023 had proposed a surrender – or early exit – structure that promised higher surrender values (and lower surrender charges) and therefore, more money in the hands of such policyholders who may want… Read More »MC Exclusive | Life insurers urge IRDAI to relax proposed higher surrender value norms

Lawmakers and the flying public have demanded answers to what caused the panel to flyoff a brand-new Alaska Airlines-operated jet, in what has turned into a full-blown safety and reputational crisis for Boeing. Read More ​ Lawmakers and the flying public… Read More »Boeing 737 MAX 9 door plug bolts appeared to be missing on Alaska jet, NTSB says

In the last month, BPCL#39;s stock surged by 22%. However, #39;Buy#39; recommendations decreased from 25 to 22, while #39;Hold#39; and #39;Sell#39; calls rose to 5 and 7 from 4 and 5, respectively. Read More ​ In the last month, BPCL#39;s stock… Read More »Analysts tracker: What#39;s driving downgrades for BPCL despite a rally in stock?

Tata Consumer is likely to see a robust growth in net profit, aided by a healthy margin expansion, per experts in the third quarter for the current fiscal year. Read More ​ Tata Consumer is likely to see a robust growth… Read More »Tata Consumer Q3 preview: Revenue growth seen weak, but higher margin to aid net profit

Ford forecast $10 billion to $12 billion in pretax profit for 2024, after earning $10.4 billion before taxes last year. Read More ​ Ford forecast $10 billion to $12 billion in pretax profit for 2024, after earning $10.4 billion before taxes… Read More »Ford slows EVs, sends a truckload of cash to investors

An increase of 5-10% in your annual EMI is enough to bring down your home loan interest costs by half. But pre-paying your home loan isn’t just about savings. Read More ​ An increase of 5-10% in your annual EMI is… Read More »Why pre-paying your housing loans early makes good financial sense

“While interest rates are expected to soften and geopolitical tensions persist, our franchise strengths will put us in good stead to sustain our performance in the coming year,” DBS Chief Executive Officer Piyush Gupta said in a statement. Read More… Read More »Singapore#39;s DBS maintains 2024 guidance, Q4 profit beats forecasts

Opting for add-on features in your motor insurance policy is a strategic decision that significantly enhances the value of your coverage. Read More ​ Opting for add-on features in your motor insurance policy is a strategic decision that significantly enhances the… Read More »Motor insurance add-ons that add the most value to your coverage

The company#39;s net loss came at $28 million in the quarter under review as against a loss of $32 million in Q3 of 2023. Read More ​ The company#39;s net loss came at $28 million in the quarter under review as… Read More »Freshworks reports 20% jump in consolidated revenue to $596 million