Entretenimiento

p2p lenders liquid funds: P2P lenders to stop ‘liquid funds’ as RBI peers into business

In a concerted attempt at self-regulation, a grouping of the country’s peer-to-peer (P2P) lending platforms has asked its members — including Liquiloans, Lendbox and Faircent — to stop offering instant withdrawal products to customers after March 31, people aware of the move said. Following the industry-level decision, Matrix Partners-backed Liquiloans has written to its business

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Noticias de dinero

Texas Law Forces Pension Funds and Municipalities to Drop Use of Financial Firms that Support Net Zero

Yves here. Financialization cuts both ways, as a Texas fight over Net Zero commitments is demonstrating. Major banks and investment houses joined the ESG (“environment, social, governance”) trend, in large measure because it became popular among institutional investors. In addition, some retail investors are want to limit their holdings to various flavors of social responsible

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Entretenimiento

PM Modi at Startup Mahakumbh; Pocket FM, Ultrahuman raise funds

Successful startup founders should support and mentor young entrepreneurs and academic institutions, Prime Minister Narendra Modi said at the Startup Mahakumbh. This and more in today’s ETtech Top 5. Also in this letter:■ Zomato nixes green uniform for pure-veg fleet■ Who is Mustafa Suleyman, Microsoft’s AI chief■ Nvidia’s Jensen Huang on AI revolution Startup Mahakumbh:

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Noticias de dinero

Coffee body seeks funds to boost local production

THE Philippine Coffee Board Inc. (PCBI) wants the government to invest in the coffee sector to address a disparity between supply and demand and lessen the country’s dependency on imports. PCBI Director Alejandro Mojica said the country currently produces around 30,000 metric tons (MT) of coffee beans per year, which falls short of the local

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Noticias de dinero

Real Household Net Worth (from Flow of Funds)

Rising in 2023Q4: Figure 1: Household net worth, in trillions 1999M12 dollars (blue, left log scale), and per capita, in thousands of 1999M12 dollars. Deflated using chained CPI, seasonally adjusted by author using X-13. NBER defined peak-to-trough recession dates. Source: Federal Reserve Board Flow of Funds via FRED, BLS, NBER, and author’s calculations. The Fed

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