Author: Smart Wealthhabits

Hitesh Sethia, MD and CEO Jio Financial ServicesStrong growth is expected as the company grows its loan book and expands into new verticals. With an AUM of non-banking financial company (NBFC) at ₹25,700 crore, he sees strong top-line momentum while maintaining a focus on asset quality.He also highlights a long runway in insurance and asset management driven by low penetration and product expansion. While investments in new businesses may keep costs high in the near term, operating leverage is expected to improve as these platforms grow. Watch the entire conversation here or scroll down for edited excerpts.For the January-March quarter…

By black enterprise 18 April 2026 A new group of influencers are using social media and multimedia platforms to bridge the wealth gap. The development of financial literacy has shifted from specific, institutional gatekeeping to a decentralized digital landscape. While traditional financial education often relies on academic settings or private banking relationships — environments in which Black communities have historically been underserved or excluded — a new guard of influencers are using social media and multimedia platforms to bridge this gap. By providing accessible, culturally relevant guidance, these creators are democratizing high-level financial knowledge. They address the specific economic realities…

Gemini/GoogleJay Foreman said he is “locked and loaded” for the April 20 launch of a new system by the U.S. government to refund up to $166 billion in illegally collected tariffs, but he and many other importers are realistic that a lot could still go wrong. “You have to be concerned about what they could possibly do to jam things up,” said the CEO of Basic Fun, the toymaker that sells Tonka trucks, Care Bears and K’Nex.

Utility stocks have mostly been viewed as safe, boring, reliable cash generators that provide portfolio protection in times of uncertainty. The tradeoff for that reliability has been that, due to typically having regulated rate structures, utility companies require approval to raise prices, hindering revenue growth. However, a change is underway, as a new revenue catalyst is emerging, driven by the increasing energy and resource demands of data centers. That new revenue source for many people utility provider This could not only cause the stock price to rise as more investors look at the increase in sales, but could also allow…

(Content in this article is generated by our advertising partners.)As global markets enter a decade affected by geopolitical fragmentation, regulatory divergence and volatile capital flows, the ability to act with financial clarity in real time is a key advantage. Companies have been increasingly global since day one – hiring talent around the world, sourcing across borders and selling into multiple markets – yet many companies are still clinging to arcane legacy financial systems built for a slower era.Across all industries, business leaders are rethinking how finance should work. What was once thought of as a back office reporting function is…

Gemini/GoogleThree sources familiar with the plans told Reuters that Meta intends to hold the first wave of widespread layoffs planned for this year on May 20, with more layoffs to follow later. The owner of Facebook and Instagram will initially lay off about 10% of its global workforce, or about 8,000 employees, one of the sources said. The company is planning more layoffs in the second half of the year…

SummaryCameroon’s growth has consistently been below expectations and reflects structural constraints that limit private sector growth, including a shallow financial system, large infrastructure gaps, and weak public investment efficiency. Access to finance and underdeveloped infrastructure are increasingly becoming binding constraints, keeping companies small and productivity low. Using firm-level evidence, cross-country benchmarks, and a panel regression for 88 economies, this Selected Issues Paper (SIP) documents these constraints and finds that, conditional on model and historical cross-country relationships, closing Cameroon’s gap in financial development and infrastructure relative to the sample average is associated with significantly higher long-term income per capita – on…

USA TODAY NETWORK/ReutersEnergy Secretary Chris Wright said in a new interview that gas prices may not fall below $3 a gallon until next year, as the threat of higher energy prices looms as Americans head into the summer travel season. When CNN’s Jake Tapper asked on “State of the Union” whether it was “realistic” for Americans to expect gas prices to drop below $3, Wright initially said on April 19, “I don’t know.

The road to freedom: Perhaps the biggest benefit of FIRE is being able to live life on one’s own terms, says Carla Seely (Adobe stock image)I recently saw some articles about the Agni movement, which gained significant popularity about 16 years ago. FIRE means “Financial Independence, Retire Early”, emphasizing aggressive saving and investing to achieve financial independence. This gives individuals the option to retire early and live life on their own terms.The concept is actually quite simple: It encourages individuals to save and invest a larger portion of their income with the goal of achieving financial independence at a younger…

Cutleho Sisa/Getty Images Commitment to our readers The GOBankingRates editorial team is committed to providing you with unbiased reviews and information. We use data-driven methods to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our review methodology for products and services. 20 yearsHelping you become richer trusted by millions of readers You never know when a financial emergency may strike. A car accident may require a trip to the mechanic, a storm may damage your home or you may need the services of your…