Despite the S&P 500 approaching record levels, a widening gap between the index and its underlying stocks reveals underlying weakness, with most stocks remaining well below their highs and signs of fragility intensifying amid technological disruption. By the end of…
India’s Reserve Bank has simplified the process for legal heirs and nominees to access bank deposits after an account holder’s death, with clearer procedures and a fixed settlement timeline to reduce delays during difficult times. Losing a family member is…
Nilesh Shah urges investors to focus on discipline and patience, cautioning against short-term FOMO as Indian markets become more dynamic and innovative. Nilesh Shah has urged investors to resist the lure of deals pitched as rare, time-sensitive chances, warning that…
Despite efforts to modernise gold investing in India through Electronic Gold Receipts, low liquidity, tax hurdles, and operational complexities hinder broader adoption, leaving gold ETFs and physical gold as preferred choices. India’s push to create a more modern, exchange-traded route…
Advanced AI-driven systems like MoneyThumb’s Thumbprint are transforming the validation of bank statements, blending visual analysis with transaction scrutiny to combat rising forgery risks. Fake bank statements can be polished enough to pass a quick glance, but the risks rise…
India’s insurance regulator, IRDAI, is pushing for a comprehensive overhaul of distributor payments to enhance policyholder interests, amidst rising payouts and expenses since recent reforms, with new rules open for public consultation. India’s insurance regulator is moving to overhaul how…
Mastercard reveals that advanced AI models have drastically lowered cyberattack costs and increased speed at identifying software vulnerabilities, raising urgent security concerns across global sectors. Mastercard says the rise of large language models has made it far cheaper to turn…
India’s capital markets regulator aims to transform urban financing by encouraging local authorities to pool their debt, addressing a $900 billion infrastructure gap and deepening the municipal bond market. India’s capital markets regulator is looking to give municipalities a new…
Indian stocks continue their downward trend, with traders closely watching whether the Nifty 50 can hold the 22,600 level amid signs of cautious optimism and persistent bearish momentum. Indian equities slipped further on Tuesday, extending a weak run that has…
Gujarat’s Economic Offences Wing is probing a widespread scheme involving unrecognised political parties reportedly channeling over Rs 2,284 crore in fake donations, leading to a Rs 684 crore tax loss, in a scheme that exploited political donation rules and shell…
