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HinduBusinessLine

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Fintech app Belong to extend footprint, offer NRI services in GCC, UK and US 

  • Fintech app Belong is expanding its NRI services in GCC, UK, and US to address longstanding issues faced by NRIs when investing in India, such as complex processes and taxation complications.
  • Belong will offer USD fixed deposits through India's GIFT City, providing tax-free returns, protection against rupee depreciation, and shorter investment tenures without the need for NRE/NRO accounts.
  • Despite remittances to India growing, NRIs' share in mutual fund AUM fell, indicating difficulties in investing. Belong aims to simplify the investment process for NRIs, offering a Payment Services Provider and broker dealer license.
  • Belong plans to introduce various financial products like mutual funds, stocks, insurance, and non-financial services such as elder care and property management to assist NRIs in managing their relationships and lives in India better.

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Bloomberg Quint

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Mahanagar Gas, HPCL Among Dolat Capital's Top Stock Picks In Oil And Gas Sector; Q1 Results Preview

  • Dolat Capital has identified Mahanagar Gas and HPCL as top stock picks in the oil and gas sector, projecting bumper earnings growth.
  • Q1 results preview suggests CGDs could see a significant increase in Ebitda/PAT due to a sharp decline in gas cost and partial CNG price hikes.
  • HPCL/BPCL/IOCL are expected to report strong Ebitda numbers, driven by high GMM on petrol/diesel, LPG price declines, and government actions like excise duty hikes.
  • The article provides in-depth analysis of the Q1 projections and factors impacting the oil and gas sector's financial performance.

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Guardian

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Prax Lindsey oil refinery owners urged to ‘do decent thing’ for workers

  • The UK government urges Prax Lindsey oil refinery owners to financially support affected workers amid concerns about finding a buyer for the insolvent plant.
  • The owners, Arani and Sanjeev Kumar Soosaipillai, are encouraged to make a voluntary financial contribution to assist workers, some of whom have already lost their jobs.
  • The company reportedly owes £250m to HM Revenue and Customs, making it challenging to sell the refinery which was acquired in 2021 after amassing significant debts.
  • The government is buying fuel from the refinery's supplier to ensure continued operation, while efforts to find a buyer for the plant are ongoing. The UK government aims to assist redundant workers in finding new employment opportunities.

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Medium

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Why Positioning is Key to Business Growth

  • Positioning is crucial for business growth as it impacts every aspect of marketing and sales strategies.
  • Weak positioning hinders marketing and sales efforts, while strong positioning enhances them significantly.
  • Clear positioning helps customers understand the value and differentiation of a product, making it easier to charge a premium.
  • Proper product positioning is essential for ensuring that customers grasp what a product offers and why it matters, ultimately impacting business success.

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Entrepreneurshiplife

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9 Reasons Why Offering Subscription Services Is a Sound Business Decision

  • Offering subscription services can help businesses maintain a steady stream of income with consistent payments.
  • Subscription services provide convenience for customers by eliminating the need for manual checkouts.
  • Businesses offering subscriptions can increase customer spending and differentiate themselves from competitors.
  • Subscription services offer benefits like improved scalability, cost savings for customers, and expansion of customer base.

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Medium

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Look What Aiden Found Today: Episode #310

  • The writer shares about managing workload, allowing time to share stories and introduce new writers to the publication.
  • Over 300 curated collections have been created by the writer, highlighting over 3000 stories in the last 3 years.
  • A new tool created by Dr. Yildiz will help distribute these curated stories to all the publication's channels.
  • The writer reflects on the decision to halt 'Look What Aiden Found Today' after several months.

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Bloomberg Quint

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Ahead Of Samsung Galaxy Z Fold 7 Launch, Galaxy Z Fold 6 Price Drops By Rs 40,000

  • The Samsung Galaxy Z Fold 6's price has been reduced by Rs 40,000 ahead of the launch of the Galaxy Z Fold 7.
  • Originally priced at Rs 1,64,999, the Galaxy Z Fold 6 is now available for Rs 1,25,599 on Amazon, offering customers a discount of 24%.
  • Customers can avail additional benefits like cashback, bank offers, and exchange deals, making the purchase even more affordable.
  • The Galaxy Z Fold 6 features flagship-level specifications including Snapdragon 8 Gen 3 processor, up to 12GB RAM, 1TB storage, and a 4400mAh battery with 25W fast charging.

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TechBullion

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MEXC June Token Listings Deliver Up to 9,100% Returns, Launchpad Projects Surge

  • MEXC, a global cryptocurrency exchange, released its June 2025 Market Performance Report, highlighting platform growth driven by new token listings and Launchpad projects.
  • 206 new tokens were listed in June, leading to a 13.25% increase in active traders and generating significant investor returns.
  • Top tokens showed maximum gains of up to 9,119.75% with standout projects like LA, AURASOL, SKATE, and GOR making notable contributions.
  • MEXC's Launchpad has seen early success with multiple projects yielding high APRs, reflecting a growing interest in structured investment products and token campaigns.

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HinduBusinessLine

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COMA urge Centre to allow copra, coconuts imports to meet industry demand

  • COMA, the Coconut Oil Millers Association, is requesting the Indian government to allow imports of copra and coconuts due to a shortage in production affecting the industry.
  • They are urging the government to lift import controls to source products from countries like Indonesia and the Philippines, where they are available at lower prices, to address the current scarcity.
  • The association also requested a halt on the export of coconut, copra, and coconut oil temporarily to support Kerala's coconut oil industry, which is facing job losses and operational challenges.
  • The spike in prices of coconut oil and copra due to shortages has impacted consumers, as Kerala primarily utilizes coconut oil for cooking. COMA emphasized the need for government assistance to boost coconut production through new farms and enhanced support.

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Bloomberg Quint

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China Rebukes EU Chief After Demand For Greater Trade Access

  • China rebuked European Commission President Ursula von der Leyen after a demand for greater trade access, emphasizing the need for a mindset rebalance by the EU.
  • Chinese Foreign Ministry spokesman Mao Ning urged managing differences through dialog and expressed willingness to expand imports from the EU.
  • The dispute arises from market distortions, export controls on rare earth magnets, and imbalanced trading relationships between China and the EU.
  • The ongoing trade tensions have led to canceled summit plans between China and EU officials, impacting various industries and trade practices.

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Forbes

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Today’s Top Money Market Account Rates For July 9, 2025 – Rates Hit 4.5%

  • The current average money market rate is 0.53%, with the highest rate reaching up to 4.5% as reported by Curinos.
  • Money market accounts are interest-bearing deposit accounts that function like savings accounts, with deposits earning interest over time. They are insured by the FDIC for banks and the NCUA for credit unions up to $250,000 per depositor.
  • Compared to regular savings accounts, money market accounts generally offer higher interest rates but may require higher minimum deposits and balances to qualify.
  • Before opening a money market account, it is advisable to compare options from different institutions, considering factors such as minimum balance requirements, fees, withdrawal limits, and annual percentage yields to select the most suitable option.

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Forbes

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Current HELOC & Home Equity Loan Rates: July 9, 2025

  • Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes, using the property as collateral for payments.
  • HELOCs offer flexibility with a variable rate and a revolving line of credit, while home equity loans provide a lump-sum, fixed-rate option for borrowing.
  • Various loan amounts and terms are available, such as 5-year, 10-year, 15-year, 20-year, and 30-year, catering to different financial needs and preferences.
  • Homeowners can leverage their home's equity for purposes like renovations, investments, debt consolidation, and more, without needing to pay off their property entirely.

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Forbes

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High-Yield Savings Account Rates Today: July 9, 2025 – Rates Are Steady

  • Savings account rates remain stable compared to previous week with up to 5.84% being the highest yield available.
  • High-yield savings accounts generally offer higher interest rates than conventional savings accounts, requiring potential customers to meet specific criteria.
  • The current average APY for a traditional savings account is 0.22%, while high-yield accounts offer an average APY of 0.23%.
  • Factors to consider when selecting a savings account include interest rates, minimum deposit requirements, fees, and the institution's reputation and safety.

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Forbes

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Today’s Mortgage Refinance Rates: July 9, 2025 – Rates Increase

  • Today's rates for mortgage refinancing saw an increase on both 30-year and 15-year fixed loans.
  • Average rates climbed to 6.81% for 30-year fixed refinance and 5.72% for 15-year fixed.
  • Rates for 20-year fixed refinance mortgages rose to 6.65%. Comparison to last week provided.
  • Jumbo mortgage refinance rates also showed an uptick. Expert outlook on future rates shared.

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Forbes

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Mortgage Rates Today: July 9, 2025 – Rates Move Up

  • Current mortgage rates for a 30-year fixed mortgage are at 6.74%, a 15-year fixed mortgage at 5.72%, and a 30-year jumbo mortgage at 7.04%.
  • The APR on a 30-year fixed-rate mortgage is 6.77% and on a 15-year fixed-rate mortgage is 5.76%.
  • Factors influencing mortgage rates include Federal Reserve decisions, U.S. Treasury bond yields, and global events like the COVID-19 pandemic.
  • Borrowers can use mortgage calculators to estimate monthly payments and consider various loan options based on credit score, down payment, and loan requirements.

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