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Due to its numerous advantages, a fixed deposit (FD) is regarded as one of the safest investments and is the preferred investment vehicle for investors throughout. One of the most dependable financial products available is a fixed deposit, sometimes referred to as a term deposit. For example, depending on your selected interest payment plan, you receive safe, consistent, and fixed returns on a certain date. Interest payment plans are available on a monthly, quarterly, or half-yearly basis. With your FD investment, you can also choose to build up a lump sum and get cumulative interest payments. ET Year-end Special Reads Take That: The gamechanger weapon's India acquired in 2024 10 big-bang policy moves Modi government made in 2024 How governments tried to rein in the social media beast FD interest rate of up to 7.9%: This bank introduces new fixed deposit scheme, check details According to the DCB Bank website, "Fixed Deposits (FDs) are generally safer than many other investment options, but they are not entirely risk-free. Investors should be aware of several risks, including interest rate risk, inflation risk, and default risk. These factors can affect the overall return and security of the investment, making it important to consider them when opting for FDs." FD investors can get 9% interest rate: Full list of banks On fixed deposits (FDs), investors can still get up to 9% interest rates in select small finance banks . This high interest rate is being offered for deposits less than Rs 3 crore and to individuals aged below 60 years old. 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While Suryoday Small Finance Bank offers the highest interest rate of 8.60% on deposits maturing between more than two years and three years. Highest interest offered by small finance banks in December 2024 Bank Name Interest rate (%) Tenure AU Small Finance Bank 8 18 months Equitas Small Finance Bank 8.25 888 days ESAF Small Finance Bank 8.25 2 years to less than 3 years Jana Small Finance Bank 8.25 1 year to 3 years NorthEast Small Finance Bank 9 546 days to 1111 days Suryoday Small Finance Bank 8.6 Above 2 years to 3 years Ujjivan Small Finance Bank 8.25 12 months Unity Small Finance Bank 9 1001 days Utkarsh Small Finance Bank 8.5 2 years to 3 years; 1500 days Interest rates as of 26th December 2024 How safe are small finance banks? According to the AU Small Finance Bank website, "Like other types of banks in India, the RBI regulates and governs small finance banks. Therefore, all the banking norms, such as Statutory Liquidity Ratio Requirements, Cash Ratio Reserve Requirements, etc., apply to them. Moreover, the RBI also defines aspects like Eligibility Criteria and Mandatory Promoter Contribution for SFBs. In other words, there are stringent regulations that SFBs must adhere to for their operations. As the RBI regulates the segment, SFBs are as safe as any other type of bank."

MONTREAL - A childhood friend of the Quebec man killed in a Florida boat explosion earlier this week says one of the victim's sisters was among the other six passengers injured in the blast. Read this article for free: Already have an account? As we navigate through unprecedented times, our journalists are working harder than ever to bring you the latest local updates to keep you safe and informed. Now, more than ever, we need your support. Starting at $14.99 plus taxes every four weeks you can access your Brandon Sun online and full access to all content as it appears on our website. or call circulation directly at (204) 727-0527. Your pledge helps to ensure we provide the news that matters most to your community! MONTREAL - A childhood friend of the Quebec man killed in a Florida boat explosion earlier this week says one of the victim's sisters was among the other six passengers injured in the blast. Read unlimited articles for free today: Already have an account? MONTREAL – A childhood friend of the Quebec man killed in a Florida boat explosion earlier this week says one of the victim’s sisters was among the other six passengers injured in the blast. Thi Cam Nhung Lê says she grew up with Sebastien Gauthier in Quebec City and considered him her best friend. Lê says Gauthier’s older sister was also on the boat in Florida’s Broward County when it exploded and she was taken to a hospital. She says Gauthier’s family was in Florida to celebrate the holidays and that his sudden death feels “unimaginable.” Video posted on social media Monday shows the vessel engulfed in flames following the explosion, with a thick column of black smoke billowing into the sky. The Florida Fish and Wildlife Conservation Commission has confirmed that Gauthier died of his injuries, saying a preliminary investigation shows the 37-foot vessel exploded after its engines were started. Lê remembers Gauthier as someone who was always smiling and says she is waiting for answers about what led to her friend’s death. This report by The Canadian Press was first published Dec. 28, 2024. Advertisement

CI Financial Corp. ( NYSE:CIXXF – Get Free Report )’s share price gapped up before the market opened on Friday . The stock had previously closed at $19.40, but opened at $21.38. CI Financial shares last traded at $21.38, with a volume of 120 shares. Analysts Set New Price Targets CIXXF has been the topic of a number of recent analyst reports. TD Securities downgraded shares of CI Financial from a “strong-buy” rating to a “strong sell” rating in a report on Wednesday, November 27th. Keefe, Bruyette & Woods cut CI Financial from a “moderate buy” rating to a “hold” rating in a research report on Monday, November 25th. View Our Latest Stock Analysis on CIXXF CI Financial Price Performance CI Financial Cuts Dividend The business also recently disclosed a dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st will be given a dividend of $0.1457 per share. The ex-dividend date is Tuesday, December 31st. This represents a yield of 2.71%. CI Financial’s payout ratio is -178.79%. About CI Financial ( Get Free Report ) CI Financial Corp. is a publicly owned asset management holding company. Through its subsidiaries, the firm manages separate client focused equity, fixed income, and alternative investments portfolios. It also manages mutual funds, hedge funds, and fund of funds for its clients through its subsidiaries. Further Reading Receive News & Ratings for CI Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CI Financial and related companies with MarketBeat.com's FREE daily email newsletter .

A South Bay native helped defeat the South Bay's team in an NHL game Saturday night. Calgary Flames goalie Dustin Wolf, who was born in Gilroy, stopped six San Jose Sharks shots in the first 4 minutes to set the tone while his teammates peppered San Jose goaltender Yaroslav Askarov on the way to a 3-1 win over the last-place Sharks in front of a sellout crowd at SAP Center. > Watch NBC Bay Area News 📺 Streaming free 24/7 It was the Sharks' seventh straight loss. Askarov made 30 saves to keep the Sharks in the game, but San Jose was unable to net the equalizer against Wolf, who finished with 21 saves.

NoneMusk causes uproar by backing German far-right party ahead of key electionsDonald Trump is reiterating his threat to impose steep tariffs on Canadian goods if the federal government doesn't take action on border security — and a former official from his first administration says the U.S. president-elect isn't bluffing. "I'm a big believer in tariffs. I think tariffs are the most beautiful word.... It's going to make us rich," Trump said on NBC's that aired on Sunday. The president-elect continued to extol the power of tariffs and said they're "a powerful tool not only economically, but also for getting other things outside of economics." As an example, Trump referred to his threat to on products from Canada and Mexico unless they curb the flow of drugs and migrants across their borders. Four days after the threat was issued, Prime Minister Justin Trudeau for a surprise dinner. The president-elect joked about the saga in his NBC interview. "In fact, [Trudeau] flew to Mar-a-Lago within about 15 seconds after the call," Trump said. The president-elect also said he told Trudeau that Canada has to "close up" its border and that "drugs are pouring in at levels never seen before." "And I said to the president of Mexico and to Justin Trudeau, if it doesn't stop, I'm going to put tariffs on your country at about 25 per cent," Trump said. Prime Minister Justin Trudeau dined with U.S. president-elect Donald Trump in late November. Trump described the meeting as 'very productive' on his social media platform Truth Social. (@JustinTrudeau/X) Ken Cuccinelli, a former official in the Department of Homeland Security during Trump's first administration, said the president-elect's tariff threat is "very serious" given the issues at hand. "And I think one of the things that people around the world know about Donald Trump is that he will follow through with things like this," Cuccinelli said in an interview on that aired Sunday. When asked what he thinks can be done to protect the Canada-U.S. border, Cuccinelli said that he "wouldn't expect the president to give the prime minister a checklist." The goal isn't "zero illegal crossings," he added. Instead, it's about driving them down to "the point where it's not worth people trying to, for example, come to Canada as a way to get into the United States." What Trump specifically in exchange for removing his tariff threat still isn't clear, according to Canadian officials familiar with the details of the surprise dinner in Florida. The federal government in the wake of the Trudeau-Trump meeting, including adding more helicopters and drones to tighten up monitoring of the Canada-U.S. border. David Cohen, the outgoing U.S. ambassador to Canada, said the Biden administration has not proposed a 25 per cent across-the-board tariff because of concerns it would contribute to inflation and lead to job losses in both countries. "I think in the end, the value of that from a trade perspective is not going to be very compelling," he told Rosemary Barton. Cohen also said there's a "pretty clear window" for Canada and the United States to work through the issues underlying Trump's tariff threat.

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Germany is to vote in an early election on February 23 after Chancellor Olaf Scholz’s three-party governing coalition collapsed last month in a dispute over how to revitalise the country’s stagnant economy. Mr Musk’s guest opinion piece for Welt am Sonntag – a sister publication of Politico owned by the Axel Springer Group – published in German over the weekend, was the second time this month that he has supported the Alternative for Germany, or AfD. “The Alternative for Germany (AfD) is the last spark of hope for this country,” he wrote in his translated commentary. He went on to say that the far-right party “can lead the country into a future where economic prosperity, cultural integrity and technological innovation are not just wishes, but reality”. The Tesla Motors chief executive also wrote that his investment in Germany gives him the right to comment on the country’s condition. The AfD is polling strongly, but its candidate for the top job, Alice Weidel, has no realistic chance of becoming chancellor because other parties refuse to work with the far-right party. Billionaire Mr Musk, an ally of US President-elect Donald Trump, challenged in his opinion piece the party’s public image. “The portrayal of the AfD as right-wing extremist is clearly false, considering that Alice Weidel, the party’s leader, has a same-sex partner from Sri Lanka! Does that sound like Hitler to you? Please!” Mr Musk’s commentary has led to a debate in German media over the boundaries of free speech, with the paper’s own opinion editor announcing her resignation, pointedly on Mr Musk’s social media platform, X. Eva Marie Kogel wrote: “I always enjoyed leading the opinion section of WELT and WAMS. Today an article by Elon Musk appeared in Welt am Sonntag. I handed in my resignation yesterday after it went to print.” A critical article by the future editor-in-chief of the Welt group, Jan Philipp Burgard, accompanied Mr Musk’s opinion piece. “Musk’s diagnosis is correct, but his therapeutic approach, that only the AfD can save Germany, is fatally wrong,” he wrote. Responding to a request for comment from the German Press Agency, dpa, the current editor-in-chief of the Welt group, Ulf Poschardt, and Mr Burgard – who is due to take over on January 1 – said in a joint statement that the discussion over Mr Musk’s piece was “very insightful. Democracy and journalism thrive on freedom of expression.” “This will continue to determine the compass of the ‘world’ in the future. We will develop ‘Die Welt’ even more decisively as a forum for such debates,” they wrote to dpa.