Two Wills, one estate: Why co-ordination matters
A UK Will and a separate Indian Will can work together, but only if their scope, revocation clauses, executors and assets are carefully co-ordinated to avoid overlaps or gaps.
A UK Will and a separate Indian Will can work together, but only if their scope, revocation clauses, executors and assets are carefully co-ordinated to avoid overlaps or gaps.
Mylan Inc sold shares worth Rs 1,839 crore in Biocon through a block deal on Tuesday, with several domestic mutual funds, insurers and foreign investors picking up the stock. According to exchange data, Mylan sold 4.59 crore shares of Biocon at Rs 400 apiece. The total value of the sell-side transaction stood at Rs 1,839…
Gold and silver prices: The price of the yellow metal in India’s retail market declined on Thursday, 9 July, amid negative global cues and rising tensions between the US and Iran, following sustained US strikes against Iran. Both 24-karat and 22-karat gold rates are showing a marginal decline across major cities. Silver prices, on the…
The dollar held firm on Wednesday as renewed hostilities in the Middle East pushed oil prices higher and revived inflation concerns. The currency’s safe-haven appeal has been reinforced by rising Treasury yields and growing expectations of a Federal Reserve rate hike, even as recent economic data came in below forecasts. The U.S. launched a barrage…
Jefferies views Sebi’s latest proposals to change the Closing Auction Session (CAS) as positive for exchanges and brokers after the newly introduced system triggered massive market volatility and spooked investors. However, the brokerage remains negative on BSE shares. On Saturday, Sebi proposed two options for determining expiry-day settlement prices for index and stock derivatives. The…
The Dow closed at a record on Wednesday on signs of progress for a peace deal with Iran, while the Nasdaq saw its first decline in five sessions as SpaceX and AMD stumbled following their quarterly earnings. A proposed deal between Iran and Oman would give Tehran control over ships entering the Gulf through the…
For many Indians, retirement planning has traditionally revolved around a familiar playbook—fixed deposits for safety, gold and real estate for wealth preservation, and a gradual reduction in equity exposure. But with longer life expectancy, inflation and evolving investment options, financial experts believe retirees need a more balanced approach that prioritises income stability, liquidity and long-term…