Assurant Financial News

credit risk. The primary objective of the scheme is to seek to generate returns commensurate with low risk and provide a high level of liquidity, through investments made in debt and money market securities having a maturity of one business day including TREPS (Tri-Party Repo) and Reverse Repo. However, there is no assurance or guarantee that the scheme's investment objective will be achieved.

The trial against Sam Bankman-Fried continued in Manhattan federal court Thursday when Can Sun, FTX's former general counsel, took the witness stand.

NEW DELHI : India’s Prime Minister Narendra Modi spoke with the President of the Palestinian Authority Mahmoud Abbas on Thursday. “Spoke to the President of the Palestinian Authority H.E. Mahmoud Abbas.

cabinet secretary, on Thursday, took stock of the status of the ongoing talks under India-UK free trade agreement on issues such as rules of origin, tariffs and phasing out of duties to iron out the knotty areas. According to people familiar with the development, the commerce department made a detailed presentation on the pending issues in the run-up to the finalisation of the trade pact, which is expected to be inked later this month in the presence of UK Prime Minister Rishi Sunak. “Trade negotiations with the UK are happening at a fast pace. A committee of secretaries was briefed about the pact,” said an official. Senior officials from the departments of agriculture, pharmaceuticals, food processing, finance and heavy industries took part in the meeting, a key step in the run up to inking of the trade pact. Last week, senior commerce and industry ministry officials made a presentation to the Prime Minister's Office on the agreement and the two sides are engaged in hectic negotiations. It will be New Delhi’s first such comprehensive deal with an industrialised nation that seeks to spur bilateral annual business beyond the current $20 billion. The pact will have 26 chapters.

I am in the process of buying a home. My real estate agent is getting all the paperwork done along with the home loan application. The agent told me that I would also have to buy home loan insurance. I am sceptical about this. Is it necessary to buy home loan insurance? —Name withheld on request While taking a loan, banks and non-banking financial firms generally insist on certain insurances.

The suit relates to a failed partnership between Gemini and DCG unit Genesis on the former's Earn interest-bearing product. Last year, customer assets were frozen after Genesis halted withdrawals following the FTX collapse. The suit alleges that Gemini lied to investors about Earn, repeatedly assuring customers that investing with Genesis through the programme was low-risk investment despite the fact that its own internal analyses showed that the company’s financials were risky.

Akhilesh Yadav even said on Thursday that Congress has cheated him. "We were assured that six seats will be given to us.

Investing.com-- Shares of Chinese electric vehicle makers fell on Thursday, tracking an overnight tumble in Tesla (NASDAQ:TSLA) after the world’s most valuable car maker posted weaker-than-expected third-quarter earnings.

Click here! "Ukhrul is an important town after Imphal but water scarcity is a major problem. To resolve the issue, ₹6 crore has been sanctioned for augmentation of water supply in the town," the chief minister said while adding that the state government is planning to build a dam with a cost of ₹180-200 crore.

IndiGo flight bound for Bengaluru from Singapore had to return to Singapore's Changi airport due to a baggage error. The service partner of India's biggest airline had failed to offload baggage from an international flight.

LAGUNA BEACH, Calif.— Artificial intelligence will likely lead to seismic changes to the workforce, eliminating many professions and requiring a societal rethink of how people spend their time, prominent tech leaders said Tuesday. Speaking at The Wall Street Journal’s Tech Live conference on Tuesday, OpenAI CEO Sam Altman said that the changes could hit some people in the economy more seriously than others, even if society as a whole improves. This will likely be a hard sell for the most affected people, he added.

Fast Lean Pro is a breakthrough that promotes a healthy weight loss process to transform your physique drastically. While there are a bunch of options to extirpate weight, this formula comes with a different level of goal. Weight loss options were never this easy, as this formulakeeps you safe from restrictive diets and rigorous workout sessions click here to visit official website to read more about Fast Lean Pro Weight Loss pills.

President-elect of the Maldives, Mohamed Muizzu, has said that he is determined to fulfill his promise of removing Indian military personnel from the archipelago. However, he plans to do so through diplomatic channels. As per a TOI report, Muizzu, who will assume the presidency next month, expressed his hope of seeing the Indian troops leave during the first week of his term.

Medical insurance usually comes handy in case of hospitalisation along with miscellaneous expenses. However, when someone is diagnosed with a serious illness that entails a number of visits to the hospital, the usual medical insurance policy may not suffice. So, what should one do? Well, the answer may vary from situation to situation but more often than not, it is a critical illness cover.

mutual funds through SIPs with monthly collections surging past the Rs 16,000 crore mark. However, there are still many myths surrounding this mode of investment into risk assets. Do sips offer guaranteed returns? Often illustrations for SIPs show past returns for tenures of 5-10 years, where returns could range between 10% and 20% annualised based on the type of equity fund chosen. However, this does not mean that these returns are guaranteed. Money managers point out that SIPs are merely a mode of investing in mutual funds, where a fixed amount is invested on a particular date every month. About 90% of the SIPs go into equity-oriented mutual funds in which case the money is deployed in the stock markets, which carry a degree of risk and volatility. Since returns from stocks are not guaranteed, consequently returns from SIPs are not guaranteed either. Can sips be done only in equity funds and are they meant only for retail investors? A SIP can be done in any mutual fund scheme — be it equity, debt, gold or an international fund. While a minimum SIP amount in most cases is Rs 500 per month or Rs 1,000 a month, there is generally no upper limit and it can be done even by rich investors. It is a method of investing in mutual funds and imparts discipline while investing; so it can be used by all investors.

₹2.34 trillion. What makes the old pension scheme adopted by many states politically attractive is that it offers an assured benefit to the retiree, fixed at 50% of the last drawn basic pay.

Madhya Pradesh Congress president Kamal Nath on Tuesday released the party's manifesto for the upcoming state assembly polls, making a slew of promises including Rs 25 lakh health insurance cover for all citizens of MP, 27 per cent reservation for OBCs, and to form an IPL team of the state. The opposition Congress listed 59 promises in its 106-page manifesto, with assurances for all sections of the society, including farmers, women and government employees.

objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty IT Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Claims by big four accounting firms that they need specialised skills in their consulting businesses to deliver quality audits have been questioned after former PwC Australia chief executive Luke Sayers said he tried to sell the firm’s consulting arm during his time as leader.

The United Auto Workers union isn’t adding any factories to those that are now on strike, but its president says more walkouts could begin at any moment

Royal Enfield has launched an assured buyback program for its motorcycles with OTO Capital. The program aims at ensuring a smooth and seamless ownership experience for customers, Royal Enfield said in a statement. OTO Capital is a Mumbai-based finance start-up that offers loans to two-wheeler buyers on flexible terms which involves leasing a two- wheeler and also buying it at the end of the lease tenure by paying the residual amount. The program with Royal Enfield includes flexible tenure options spanning from 1-3 years, up to 45% lower EMIs, and a guaranteed buyback value of up to 77% depending on the tenure coupled with a cash back incentive at the end of the tenure, this initiative is a first-of-its-kind in the industry. The maker of Hunter 350 and Continental GT among other motorcycle brands has launched the assured back program at a time when the competition in the middleweight motorcycle segment where it leads, has been heating up with the entrance of Bajaj-Triumph and Hero-Harley models. The motorcycle-making arm of Eicher Motors has committed its highest ever annual capex of Rs1600-Rs1700 crore for FY24.