Beyond Financial News

Introduction: On March 20, 2024, Bengaluru hosted the 'ETMarkets Emerging Investment Opportunities' event in collaboration with Mudrex. The event aimed to guide both seasoned and novice investors towards diversified investment avenues beyond traditional equities. Among the esteemed speakers was Avijit Mishra, Co-Founder of Alt DRX, who delved into the intricacies of Real Estate Investment Trusts (REITs) and the burgeoning realm of asset tokenization. Understanding REITs: Mishra initiated the discussion by gauging the audience's familiarity with REITs, emphasising their significance in the investment landscape. He elucidated, «REITs are pooling vehicles wherein investors can collectively invest in a trust managing income-generating real estate.» With a focus on India's burgeoning market, Mishra highlighted, «Currently, there are four REITs regulated by SEBI listed on the NSE and BSE.» Mishra underscored the accessibility of REITs, stating, «One of the most important benefits of REITs is the ability to own real estate assets in small ticket sizes, enhancing liquidity.» He further expounded on the asset classes permitted by SEBI, including commercial properties like offices, hotels, retail, industrial spaces, and healthcare facilities.

On March 20, 2024, Bengaluru hosted this forward-looking event that showcased ideas, information, and insights for investment advisors, mutual fund advisors, equity traders, wealth advisors, and distributors of wealth products, with wealth experts providing actionable insights into diversification, risk management, cryptocurrency prospects, and Gold ETFs. Demystifying bonds as an asset class and shedding light on why it could be the unsung hero in diversifying an investor’s portfolio was Ajinkya Kulkarni, Co-Founder and Chief Executive Officer (CEO) of Wint Wealth. Kulkarni was speaking as part of a Fireside chat titled ‘Risk-averse Investors: Beyond Equities — Bonds’ at the ‘ETMarkets Emerging Investment Opportunities’ on-ground event, presented by Mudrex. Diving into another dimension of non-equity-based investment avenue, that of India’s enduring asset class—fixed deposits (FDs)—was Saurabh Jain, the CEO of Stable Money, who shed light on FDs as an alternative beyond traditional equities.

Biden administration is considering blacklisting a number of Chinese semiconductor firms linked to Huawei Technologies Co. after the telecom giant notched a significant technological breakthrough last year, people familiar with the matter said. Such a move would mark another escalation in a US campaign to ringfence and curtail Beijing’s AI and semiconductor ambitions. It would ratchet up the pressure on a Chinese national champion that’s made advances despite existing sanctions, including producing a smartphone processor last year that many in Washington thought beyond its capabilities.

(Reuters) — Orchard Therapeutics (NASDAQ:ORTX), a unit of Japan's Kyowa Kirin, priced its newly approved gene therapy for a rare, life-threatening genetic disease on Wednesday at $4.25 million, making it the most expensive drug in the United States.

Looking for a car to inspire adventure on the open road for spring break and beyond

Investing.com-- Analysts at Citi said they expected the Nikkei 225 and broader Japanese stocks to see some short-term strength after the Bank of Japan’s historic policy shift, which ends nearly a decade of monetary stimulus for local markets.

Investing.com-- The Japanese yen weakened substantially against its peers on Tuesday and Wednesday, as an interest rate hike by the Bank of Japan was largely overshadowed by the central bank reiterating its dovish outlook for the near-term. 

Investing.com-- Oil prices fell slightly in Asian trade on Wednesday as traders remained cautious before more cues from the Federal Reserve, although persistent signs of tight supplies kept prices pinned near four-month peaks. 

Investments have always been synonymous to ladies, however with planned investment taking over, it has given women with financial independence and long-term security which empowers them to create wealth for the whole family and provide a safety net in the face of unexpected emergencies. 

Smaller stocks offer opportunities beyond the big tech companies and the Magnificent 7.

Brokerage firm Bernstein highlighted a positive medium-term outlook for Ethereum, driven by the potential approval of Ethereum-based exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). 

The CEO of United Airlines is trying to reassure travelers that the airline is safe despite a series of recent incidents ranging from a panel falling off a plane to an engine fire

If you thought last month’s crypto gains were impressive, brace yourself for March’s madness. Bitgert, the relatively unknown but ferociously eco-friendly cryptocurrency, is setting the charts ablaze.

Analysts at Redburn Atlantic downgraded Snowflake (NYSE:SNOW) and MongoDB (NASDAQ:MDB) to Sell from Neutral on Tuesday, saying they “lack a clear Gen-AI advantage, posing a budget reallocation risk that their current valuations do not reflect.”

Competing with over 40 foreign banks in India, Maybank Indonesia's Global Banking Director, Ricky Antariksa, said the Bank seeks to continue supporting business and trade relations between Indonesia and India. "Maybank Indonesia has been present in India for over ten years, and we are committed to further support and capture our business flows while continuing to serve trade clients through our branch in Mumbai.

Initiated in 2018 by the Rustomjee Group in South Mumbai, this project underscores the company's unwavering dedication to excellence and timely delivery. In August 2023, part Occupation (OC) was secured for 'Tower A', comprising 182 residences. As of March 2024, all 186 homes within Tower A have obtained their OC.

Caprock, a prominent multifamily office RIA offering specialized services to ultra-high-net-worth individuals, marked a milestone in its growth story with its first-ever acquisition. The firm announced that it has snapped up Grey Street Capital, a boutique advisory firm based in Chicago with $2.2 billion in client assets.

Also Read: Oil prices rise amid attacks on Russian energy facilities, brent crude at $86/bbl On Monday Iraq announced its intention to reduce crude exports in the coming months by over 100,000 barrels per day compared to the previous month, aiming to counter any increase above its OPEC+ quota recorded in January and February. Iraq remains committed to the voluntary cuts established with the OPEC+ coalition, which have been extended into the second quarter. On the other hand, ongoing Ukrainian drone attacks targeting Russian oil refineries are exacerbating concerns about supply stability.

Stanley has spent the past few years turning a vacuum-insulated, 40-ounce water bottle into one of the most-desired womenswear accessories on the planet. Now it is widening its focus to include the customer it was first designed for more than 110 years ago—men. The company, which is owned by Chicago-based HAVI, next year plans to release new products geared toward guys beyond its current male audience of outdoor enthusiasts.

Your complete tax-saving guide Therefore, investments offering tax-free returns can significantly enhance your post-tax yield.

Companies say it is a win-win for them too as they get to retain valuable talent, cultivate a more skilled workforce from within, and save time and money on external hiring.