Buying a House Is Expensive. But There Are Some Ways to Rein In Costs.
The Trump administration has proposed 50-year and “portable” mortgages to make home buying more affordable. But housing experts offer other suggestions. Source link
business
Read More
IPO rules revamp: Mutual funds barred from pre-IPO buys, anchor route open; Sebi pushes transparency, wider participation
Sebi has barred mutual fund schemes from investing in pre-IPO share placements but will allow participation in anchor rounds of public issues, a source told PTI citing the move is intended to improve liquidity and ensure clearer valuation of companies ahead of listing.“We have asked mutual fund schemes not to invest in pre-IPO placement of…
The Fed, Crypto and A.I. Weigh on the Markets
Growing jitters over the Federal Reserve, crypto and the future of the artificial intelligence boom have helped drive a global sell-off. Source link
Forex watch: India’s reserves jump $5.54 bn; gold vaults total kitty to $692.57 bn
India’s foreign exchange reserves rose sharply by $5.543 billion to $692.576 billion for the week ended November 14, driven largely by a surge in the valuation of gold holdings, according to data released by the Reserve Bank of India (RBI) on Friday.The rise follows a $2.699 billion decline in the previous reporting week, when total…
This report will be the last one until mid-December.
This report will be the last one until mid-December. Source link
Rupee hits all-time low: Currency breaches 89/$ mark for first time; steepest drop in over 3 months
The rupee logged its steepest single-day drop in more than three months on Friday, breaching the 89-per-dollar mark for the first time amid weak sentiment across domestic and global equity markets. The currency fell 78 paise intraday to 89.46 against the US dollar.At the interbank foreign exchange market, the rupee opened at 88.67 before touching…
Delayed Jobs Data to Give Snapshot of a Labor Market Under Stress
Economists expect that employment growth was anemic in September, before the government shutdown delayed data collection. Source link
Fraud and abuse causing Rs 8000 cr to Rs 10000 crore loss to health insurance: BCG
MUMBAI: Fraud and waste remain a costly drag on the health-insurance system with Rs 8,000–10,000 crore of leakages in claim payouts leak each year according to a report by Boston Consulting Group and Medi Assist.The report says that fraud and unnecessary claims push up insurance premiums, hurt insurers’ finances and waste public money. It also…
Why ‘Surveillance Pricing’ Strikes a Nerve
The practice is at the intersection of two things people hate: feeling watched and feeling ripped off. Source link
Trump sanctions take effect today: Will India stop buying Russian crude oil? Yes — and no.
Trump has imposed a 25% penal tariff on Indian exports because of its crude oil imports from Russia. (AI image) US President Donald Trump’s sanctions on two of Russia’s biggest oil majors – Rosneft and Lukoil – come into effect today – November 21, 2025 which was set as the wind-down deadline by the US…