This Infographic will describe you about CRISIL Rating and how does effect on FD. Bajaj Finance has received ICRA’s MAAA and CRISIL’s FAAA rating which is the best for stability as per industry standards.

Concerns including a US-China trade war, Federal Reserve interest-rate policy, and a slowdown in global growth led to a wave of heavy selling.

Before Steve Mnuchin was in charge of the nation's economy, he was a foreclosure kingpin who left Goldman Sachs to found OneWest Bank (with money from George Soros!) in 2008; after the crisis, OneWest Bank acquired busted mortgage lender IndyMac, and became a notorious foreclosure mill, using robo-signed, back-dated, fraudulent documents to steal peoples' houses.

The least-gifted children of high-income parents graduate from college at higher rates than the most-gifted children of low-income parents, and other dispatches from the point where genetics intersects with economics.

An art installation titled “Hang On a Minute Lads, I’ve Got a Great Idea” by British artist Richard Wilson — at The Peninsula hotel in Hong Kong, in 2015 — is based on a scene from the movie “The Italian Job”. It is only October and already the UK economy has set a dubious new record for the year: Leveraged loans to British companies have hit about £40 billion ($52 billion), according to the Bank of England. Prior to the financial crisis, new issuances of such loans only totalled £30 billion ($39 billion).

Every morning I wake up, splash some water on my face, and say, to no one in particular, “Today’s the day we’ll see the auto industry start trending away from absurdly long loan terms. Surely everyone will realize, today, that this can’t end well.” Today is not that day. In Canada, we’re told by way of the CBC, more than half of all new car loans carry 84-month terms. Weeeeee...

Investors all over the world fell for the schemes of the man who called himself Khalid bin al-Saud. But the truth turned out to be more incredible than the lie.

PayPal shares soared 9 percent on Friday after the company beat expectations on earnings and revenue and announced positive news about its peer-to-peer app Venmo. The payment company's stock hit a high above $86. Shares are up more than 26 percent year over year. On Thursday, PayPal reported third-quarter earnings that beat Wall Street's expectations, though payment volumes fell slightly short of estimates. The company also raised its fourth-quarter and full-year guidance.

For new readers, the following is a post from Michelle of Operation Husband Rescue. We are pleased she has had joined our team as a contributor. What I Learned About Simple Living From Being Broke During the years I attended college, and shortly afterward when I was about 21-22 years old, I was flat out broke. I was living in the middle of a big city all by myself and paying my bills on a server's salary.

About one-fifth worry they won’t be able to make their next student loan payment, a new survey finds.

The number of people who bought virtual currencies more than doubled last winter. For people who got in late, the bust has been disastrous.

Nearly a third of young adults in a recent study were found to be “financially precarious” because they had poor financial literacy and lacked money management skills and income stability. Only 22 percent of the 18- to 24-year-olds in the study sample were deemed to be financially stable, according to lead author Gaurav Sinha, a graduate student in social work at the University of Illinois.

In more ways than one, debt can be a four-letter word. When it gets out of control — whether from medical bills, shopping sprees, or unexpected emergencies — it becomes an albatross that affects your emotional and physical health. Although it might feel overwhelming, you can tackle any debt the same way: one step at a time. Here’s how to pay off debt — and how to pay off credit card debt, in particular — even when it seems impossible.

Earnings for UK workers are still lower than they were in 2008, having failed to recover in the 10 years since the financial crisis and millennials are the hardest hit, according to figures from the Institute for Fiscal Studies. GDP is just 11 per cent higher than it was was at the peak of the crisis, meaning the economy is 16 per cent, or £300bn, smaller than it would have been based on pre-crisis trends. The “most direct effect of this has been to hit workers’ pay packets”, the IFS said.

London’s vast financial services industry must never again be the “master of the economy”, the shadow chancellor, John McDonnell, will say on Saturday in a speech accusing bankers of profiting from speculation at the expense of ordinary people. The veteran socialist who is now seeking to reassure business, promises higher taxes and tougher regulation on banks on the 10th anniversary of the collapse of Lehman Brothers – the pivotal moment in the global financial crisis.

Tom Coomer has retired twice: once when he was 65, and then several years ago. Each time he realized that with just a Social Security check, “You can hardly make it these days.”

How Foutanga Babani Sissoko pulled off one of the most audacious confidence tricks of all time.

Just imagine $5,500 times 143 million, and you'll see why this could be big trouble.

The notion that just thinking something can make it happen is a joke. Too bad some people fall for it.

The long read: Some economists say it should be raised. Others say it’s already too high. But what if both sides are missing the point?

Bitcoin may have peaked in terms of value and public interest in 2017, but the cryptocurrency has been far less popular this tax season. According to a recent report, fewer than 100 people have reported bitcoin holdings so far.

Some consumers were charged too much to extend the lock on their mortgage interest rates, and the bank's mandatory insurance program added unneeded costs and fees to borrowers' auto loans.

Moves in global bond markets over the last few months suggest changing expectations about prices.

While most big banks have steered clear of virtual currencies, the Wall Street giant will use its own money to trade in Bitcoin-related contracts.

Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he has characterized as “rat poison squared,” thrive on the hope they’ll find other people who will pay more for it.

Telephone pitches, online scams and greedy family members are targeting the most vulnerable among us, and it’s about to get much worse.

A Federal Reserve study shows Americans born between 1980 and 1989 have 34 percent lower net worths than they should for their age.

The long read: For decades, politicians have welcomed the super-rich with open arms. Now they’re finally having second thoughts. But is it too late?

Jerome Rogers: 1995-2016

Should the gambling industry be required to use league-approved “official data”? Britain’s data collection experience provides a preview of the battles to come in the United States.

The big four accounting firms have unprecedented market power, and their conflicts of interest could threaten the global economy, according to a new book.

A Financial Times investigation into the financing of President Donald Trump's Toronto hotel tower has found fresh evidence suggesting links between the US President and Russia. The FT claims it has seen documents suggesting that the Kremlin may have been involved in indirectly financing the project. There is no suggestion that Trump knew.

The long read: The years since 2008 have seen a global crackdown on offshore finance. Yet a few places have doubled down on offering secrecy to the super-rich. Among these, one tiny Caribbean island might be the worst offender.