When borders blur: Inheritance challenges in NRI marriages
A single estate may be subject to different legal regimes, resulting in succession complexities.
A single estate may be subject to different legal regimes, resulting in succession complexities.
Shares of Ola Electric Mobility have jumped 31% in six months and have nearly doubled from March low, with analysts highlighting that the near-term sentiment has improved but caution is still warranted. Ola Electric shares gained around 10% in a week but fell over 2% in a month, trading at around Rs 41 apiece. The…
E-commerce logistics company Shiprocket has raised Rs 727.41 crore from anchor investors ahead of the opening of its initial public offering (IPO) on Wednesday, August 12, 2026. Through its maiden public issue, the company seeks to raise Rs 1,617.48 crore from the markets. According to a stock exchange filing, Shiprocket allotted 7.50 crore (74,991,568) equity…
If you make a profit by selling an asset, it it generally treated as a capital gain and income tax would be payable on such gains. However, what many people may not know is that proceeds from the sale of certain personal belongings, such as furniture, car, scooter or even a dress, are exempt from…
Mumbai: Equity mutual fund inflows surged more than a quarter in June, after having retreated to a 12-month low in May, as robust gains in mid- and small-cap stocks encouraged retail investors to pump more money into these plans. Investors poured ₹28,973 crore into equity plans in June, up 26% from May’s ₹22,908 crore, data…
Individuals looking to future-proof their finances against emergencies or expensive but unforeseen turn of events, must build an emergency “rainy-day” fund to protect their savings from sudden drain during extenuating circumstances. As to what constitutes an emergency, this could include any sudden and large costs such as a car repair or medical bill. Experts note…
That leads to the third question — whether a mutual fund fund-of-funds (FoF) does the same job in a better wrapper, Kumar asks. “A FoF is a scheme, so it sits inside Sebi’s mutual fund regulations with a trustee, a custodian, a daily NAV, a mandated portfolio disclosure and a cap on what it can…