Latest Updates Around The World
Image source: Shutterstock Not all real estate is the same – and some properties attract very specific audiences for the wrong reasons. While ‘affordable housing’ is essential, there is a difference between smart financial downsizing and buying a property that traps you with endless fees, crime or poor resale value. Real estate experts say certain […]
The Reserve Bank of India has proposed guidelines to allow commercial banks to provide acquisition financing to listed Indian companies for domestic mergers, strategic foreign investments and disinvestments of PSUs | Photo credit: Francis Mascarenhas In a move that will give a boost to domestic mergers and acquisitions, the Reserve Bank of India (RBI) plans […]
As per RBI guidelines, no RE can individually contribute more than 10 percent of the corpus of an AIF scheme The Reserve Bank of India (RBI) has decided to enable SWAMIH (Special Window for Affordable and Mid-Income Housing) Investment Fund-I under the specified exemption category when it comes to investments by regulated entities (REs). This […]
CHENNAI: 22/07/2025: A look at the American Doller…..Photo: SRINATH M/ THE HINDU | Photo credit: SRINATH M India’s foreign exchange reserves rose by $4.49 billion week-on-week to $702.28 billion on October 17, mainly led by a sharp increase in gold reserves, according to data released by the Reserve Bank of India. Foreign currency assets (FCA) […]
Sumitomo Mitsui Banking Corporation | Photo credit: Issei Kato Japanese lender Sumitomo Mitsui Banking Corporation has announced a new global offshoring hub in Porur, Chennai. The centre, named SMBC Global Services Private Limited, is expected to be the bank’s first GCC in India and is expected to be operational by the end of this month. […]
JPMorgan Chase & Co. plans to allow institutional clients to use their holdings of Bitcoin and Ether as collateral for loans by the end of the year, significantly deepening Wall Street’s crypto integration. The program, offered globally, will rely on a third-party custodian to protect the pledged tokens, people familiar with the matter said. It […]
The US Federal Reserve is preparing to overhaul its annual stress tests for major banks, a move seen as a major victory for the financial sector after years of complaints about opacity and unpredictability | Photo credit: Aaron Schwartz/Reuters The US Federal Reserve is about to unveil a revision to its annual “stress tests” of […]
According to SEBI’s investigation, the notices had transacted in the same scrips as the Big Client family, prior to the large orders, thereby earning unfair profits. | Photo credit: REUTERS/FRANCIS MASCARENHAS The Securities and Exchange Board of India (SEBI) has imposed sanctions on 13 individuals and entities for entering into front-running trades based on non-public […]
Whirlpool Corporation (WHR) cut its dividend due to the impact of a prolonged recession on the housing market, poor results, debt burden, tariffs and trade uncertainty. Weak financial results, lower sales and longer-than-expected earnings have taken their toll on the company. The company’s dividend has been steady since the first quarter of 2022 and was […]
For years, crypto was a backwater for mergers and acquisitions as it slowly recovered from the 2022 market crash under the gaze of hostile regulators. | Photo credit: FLORENCE LO 21shares has spent years building its crypto franchise outside of Wall Street’s sphere of influence. From Zurich, it launched exchange-traded products that gave European investors […]
