Frank Elderson: Fireside chat

For NRIs who want to keep foreign-currency savings in India, adding a resident family member as a joint holder is allowed, but the arrangement comes with a key restriction. The NRI must be the first holder and the account must operate on a ‘Former or Survivor’ basis.   This is important because an…

The Reserve Bank of India (RBI) has published the list of non-banking financial companies (NBFCs) in the upper layer for the year 2026-27.   Tata Sons continues to be in the upper layer, with the regulator stating that its inclusion in the list is without prejudice to the outcome of its application for…

This photograph shows smoke rising from a fire at the Russian e-commerce firm Wildberries’ logistics complexes in the town of Elektrostal outside Moscow on July 18, 2026. Tatyana Makeyeva | Afp | Getty Images Ukraine has ratcheted up its attacks on Russia’s Amazon-style retail giant Wildberries, signaling a new phase in the war as Kyiv…

Nearly four years after mortgage rates surpassed 6 percent for the first time since the height of the 2008 financial crisis, borrowing conditions for homeowners and prospective buyers have remained stubbornly elevated with no signs of abating anytime soon. The average U.S. 30-year fixed mortgage rate went up to 6.02 percent from 5.89 percent  for…

FHA defaults fall 15% in June, but U.S. foreclosure starts hit six-year high – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with…

Key insight: While markets had been favoring a federal funds rate hike this month, Federal Reserve Gov. Christopher Waller believes there may be good reasons for the central bank to hold steady. Expert quote: “To paraphrase John Lennon, I’m willing to give disinflation a chance.” —Federal Reserve Gov. Christopher Waller Forward look: Waller, like other…