Latest Updates Around The World
Chairman of the Supervisory and Development Authority of Pension Funds S Ramann | Photo credit: EOS5D4 Chairman of the Pension Fund Regulatory And Development Authority (PFRDA), S. Ramann, said on Friday that three pension funds are working on introducing plans bundled with health covers for the benefit of investors. Health coverage can come through partnerships […]
Image source: Pexels Inflation makes headlines, but ‘junk fees’ are the silent killers of a fixed income budget. In 2026, service providers have aggressively added small administrative fees to monthly bills, which often go unnoticed by customers who just look at the total. From a $3 fee for receiving a paper bill to a $5 […]
Image source: Pexels The biggest news for the 2025 tax season (filed in 2026) is the One Big Beautiful Bill Act (OBBBA) senior deduction, which provides a huge additional $6,000 depreciation for qualifying seniors. While this deduction is a financial victory, it claims to have introduced a layer of bureaucratic complexity that overwhelms many DIY […]
Because REITs are trusts, the bank will have to take into account the legal provisions relating to these entities, especially those relating to the enforcement of securities. | Photo credit: FRANCIS MASCARENHAS The Reserve Bank of India’s (RBI) plans to allow banks to lend to SEBI-registered Real Estate Investment Trusts (REITs), provided the trusts are […]
FILE PHOTO: Smartphone with displayed Coinbase logo and display of cryptocurrencies is placed on a keyboard in this image | Photo credit: Dado Ruvic Global cryptocurrency exchange Coinbase suffered a service outage late Thursday, leaving users unable to buy, sell or transfer their cryptocurrencies on the platform for about an hour. “We are aware that […]
According to the Insurance Regulatory and Development Authority of India (IRDAI), at the time of investing in Funds of Funds, insurers are required to submit a formal declaration that they are unable to participate in foreign investments of AIFs. There should be a clause in the Private Placement Memorandum stating that the capital (including any […]
Wall Street indexes fell sharply on Thursday, with the tech-heavy Nasdaq down 2%, as investors intensified their sell-off of technology stocks and fled transportation stocks on concerns about artificial intelligence disruption. The S&P 500 and the Dow Jones fell more than 1% as investors also digested the latest jobs data and waited for the January […]
Per share, earnings for the quarter were 83 cents, down about 6% year-on-year from 88 cents. The insurer said adjusted profit, or what it calls core profit, came to $2 billion in the fourth quarter, up 5% from $1.9 billion a year earlier. Core profits for Manulife’s Asian segment during the period were US$564 million, […]
Japan’s debt has long been huge yet manageable – until 2026. Recent shifts in interest rates, political policies and global capital flows expose vulnerabilities that could emerge globally. Japan has one of the highest debt levels in the world, yet continues to avoid default. How did it get here and what does the future hold? […]
Nomura no longer expects India’s central bank to cut interest rates in April, it said on Friday, as inflation is expected to rise and given the “stealth” policy easing that has already taken place. This comes after India released data on consumer price inflation on Thursday under a new series that changes the weighting of […]
