Notwithstanding top performance of Indian headline indices, AIF benchmarks have outperformed the S&P BSE Sensex, generating an internal rate of return (IRR) alpha of 13.5% as of March 2023, a CRISIL report reveals. This outperformance is not limited to a handful of funds as over 75% of them in the benchmark have generated a positive … Read more
The cost rivals that of the largest private, personal construction projects in human history. Building permits put the price tag for the main construction at around $100 million, in addition to $170 million in land purchases, but this is likely an underestimate. Building costs on the remote island are still higher than pre-pandemic levels. That … Read more
Paris-based global media and entertainment conglomerate has announced it is studying a project to split its activities into several entities. The group said that since the distribution and listing of Universal Music Group in 2021, it had endured a “high conglomerate discount”, resulting in a valuation less than the sum of its constituent parts, which … Read more
At least 90 migrant workers were reported to have died from alleged corporate abuse or neglect in the past year, but the number of deaths not publicly reported is probably much higher, according to data from the Business & Human Rights Resource Centre (BHRRC), a non-government organisation. “Migrant workers are subjected to a range of … Read more
With tax time fast approaching, you may be planning to spend this year’s refund on a holiday, shopping spree or simply to catch up on bills. But as Australians dream big about their potential cash boost, the tax office has warned you could be greeted with a big shock following the end of the low … Read more
For the besieged residents of Gaza who have so far survived Israel’s bombs and bullets, a silent, invisible killer is now stalking them: disease. A lack of food, clean water and shelter have worn down hundreds of thousands of traumatised people and, with a health system on its knees, it’s inevitable epidemics will rip through … Read more
Dick Nunis was a Disney legend in more ways than one. “Today, we mourn the passing of Dick Nunis, a true Disney Legend whose contributions to The Walt Disney Company have touched the lives of millions of people all over the world,” said Disney CEO Bob Iger. “What started as a summer job training future … Read more
Introduction: BoE and ECB setting interest rates Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. One down, two to go. It’s the Bank of England and the European Central Bank’s turn to set interest rates today, a day after the US Federal Reserve cheered investors with … Read more
(NewsNation) — Bunkers, survival plans, stocked pantries and stashes of supplies — doomsday preppers have made headlines in the past. But now it’s becoming a big business. Real estate speculators say there are plenty of people concerned enough about the future to buy properties in bunker communities. In the video above, NewsNation national correspondent Brian … Read more
Interest rates on some Australian savings accounts could soon surpass six per cent, but one financial expert has issued a warning to savers weighing up a tempting switch. A dozen banks are currently offering customers savings rates above 5 per cent and there are forecasts savings rates could hit 6 per cent in the coming … Read more
