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India is keen to complete three major multilateral projects under its chairmanship of the 11-country bloc. The global research advanced infrastructure network (GRAIN) initiative will offer researchers from member states federated, or shared, access to high-performance computing systems and supercomputers, an official said.
India’s Insurance Regulatory and Development Authority of India (IRDAI) has introduced a groundbreaking Public Insurance Registry aimed at streamlining the management of policyholder data. This innovative Digital Public Infrastructure intends to link all parties within the insurance ecosystem, fostering improved operations. Policyholders will enjoy more efficient monitoring of their policies and expedited claims handling, while…
Gen Z is not rejecting homeownership. It is becoming more deliberate about the financial equation behind it. For this generation, a sensible purchase is one where the EMI fits comfortably alongside savings, investments and other financial goals.
Welcome to TrendMap, your quick guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various asset classes. The annual returns are ranked across multiple asset classes, including equity, debt, and precious metals. This map shows that no single asset class reigns supreme. Hence, diversification helps. By…
For the longest time, we had a defined benefit plan. Even today, we have around us many retired government and public sector employees (and their widows and dependent children as applicable) earning a lifetime inflation-adjusted monthly pension that is way beyond their contributions during their earning years.
High-frequency data reveals that India’s economy is on an upward trajectory, exhibiting robust growth. An executive highlights vibrant vehicle sales and soaring credit demand. Additionally, corporate earnings show positive trends, with notable increases in capital expenditure. However, the nation is still on the path to fully recovering from the effects of COVID, emphasising the necessity…
According to Ram Dass, genuine strength comes from surrendering the need for control, a lesson that offers solace from the relentless modern hustle. Leaders can attain greater accomplishments by placing trust in their teams rather than micromanaging every detail. True influence develops through integrity and a heartfelt commitment to others. Accepting such a paradox requires…
The contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insurance policies. By considering family finances and the income of a spouse, insurers are able to offer tailored coverage for homemakers. Notably, the premiums for these term plans rival those for income-earning individuals, highlighting the importance of…
Travis Kelce has created a remarkable financial profile through NFL contracts and lucrative ventures off the field. Notably, his endorsement earnings took a significant leap in September 2023, overtaking those of Mahomes. Additionally, a notable podcast contract with Amazon ensures robust income over the next three years. His charm and presence on screen have elevated…
Non-resident Indians should note that leaving the UK doesn’t automatically terminate tax residency. Retaining connections might keep your tax status intact even after relocating. Income and capital gains sourced from the UK could still be liable for UK tax post-departure. Additionally, Indian tax residents are required to report foreign assets and income. Seeking professional advice…