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Not all is well at Escala Partners, the wealth management outfit now partially owned by New York-listed Focus Financial Partners.

SYDNEY, Sept 19 (Reuters) — The Reserve Bank of Australia considered a 25 basis point hike in interest rates before eventually deciding to hold the benchmark cash rate unchanged at 4.1%, the minutes of the central bank’s September meeting released on Tuesday showed.

Superpower' will make its debut on Ukrainian TV on Monday. It shows the Russian invasion of Ukraine and how the small country fights back. Directed by Hollywood actor and activist Penn and Aaron Kaufman, it shows Penn conducting intimate interviews with Ukrainian President Volodymyr Zelensky, Russian President Vladimir Putin, and others. Sean Penn took seven trips to Ukraine to shoot these interviews and other sequences.

Very few people wanted to step into the minefield that was the cryptocurrency business in 2022.

RBI)’s September bulletin. RBI regulations classify the NBFCs into four layers based on the size, activity and perceived risks. The upper layer comprises prominent names like Tata Sons, LIC Housing Finance and Shriram Finance, according to a recent RBI notification.

Google prices online advertising, one of the issues at the heart of the antitrust trial under way in Washington. The government is seeking to show that Alphabet's Google broke antitrust law to maintain its dominance in online search. The search dominance led to fast-increasing advertising revenues that made Google a $1 trillion company.

Liquidity in the banking system has slipped into its deepest deficit in almost six months, inflating borrowing costs, as outflows due to corporate advance taxes and the Reserve Bank of India's likely actions to stabilise the rupee have drained lenders of funds. As of September 16, the RBI infused ₹68,785.94 crore into the banking system, the most since March 24, central bank data showed. An injection of funds by the RBI into the banking system indicates tight liquidity conditions. An ET report last week said advance tax collections in the first half of this fiscal year have increased 20% on-year to ₹3.54 trillion. «Advance taxes have gone out and GST is coming up, so there can be some tightness of liquidity. Having said that, in about 10 days or so, liquidity will be coming back into the system. In our view, the RBI would be happy with a liquidity range of say minus ₹50,000 crore to plus ₹50,000 crore from a broader perspective,» Indranil Pan, chief economist, Yes Bank, said. «While the advance tax outflows and the GST are relatively normal factors where the flows will come back into the system, the bigger concern from a structural liquidity perspective is the currency sale by the RBI,» Pan said.

BGH Capital is set to test the strength of debt capital markets, kicking off a $600 million refinancing deal for Village Roadshow, the cinema and theme park operator that the private equity group has owned since late 2020.

NEW DELHI : Planning to fly during the festival season? Prepare to shell out a lot more this year. Airfares for the Navratri season on some routes have doubled compared to the levels seen last year as well as in the pre-covid year of 2019, while fares in other routes remain elevated, data from travel portal Ixigo showed. Average fares for a Bengaluru-Kolkata flight during the second half of the Navratri period have shot up to over ₹14,000 from nearly ₹7,000 in the same period a year ago.

NEW DELHI : The government has collected ₹8.65 trillion in direct taxes up to 16 September after accounting for tax refunds, making up more than half of its annual target, the Central Board of Direct Taxes (CBDT) said in a statement. Direct taxes collected so far, including the first two instalments of advance tax collections, show a 23.5% growth over the tax receipts from these sources a year ago, CBDT said. The Centre had projected a 10.5% annual growth in direct tax collection in the current fiscal year at ₹18.2 trillion.

₹250 crore and invested in about 20 startups including cold chain logistics firm Tan90 and fintech startups DigiSparsh and Credit Fair. Over the next couple of years, it hopes to make 20 more investments through the first fund. Co-founded by Ankit Kedia, who was previously the promoter and director at plastic packaging solutions Manjushree Technopack Ltd, Capital A invests in early-stage companies with cheque sizes running from $50,000 to $500,000, primarily in the fintech and climate-tech segments.

Last year, Nasa selected 16 individuals—scientists, data and artificial intelligence experts, and aerospace safety experts—to study unidentified anomalous phenomena (UAPs). These sightings—of unidentified flying objects (UFOs) to you and me—are those that can’t be immediately classed as human-made or natural phenomena. With many credible witnesses, often military aviators, having reported seeing such objects, Nasa hopes the findings will help it separate UAPs from surveillance operations by foreign powers, thus ensuring the safety of planes over US skies, especially in restricted areas.

«We don't want an asset that doesn't come with a full wallet,» Rollins said, referring to a trend since the crisis where banks want customers who want loans to also bring them their deposits. «We know that we're going to continue to be fighting for the dollars.» Rollins' southeastern regional bank is not alone.

SINGAPORE—China’s top diplomat was set to begin a four-day visit to Russia after a surprise stopover in Malta for weekend talks with White House officials, as Beijing lays the groundwork for separate meetings between Chinese leader Xi Jinping and his U.S. and Russian counterparts.

₹2.5 lakh for a surgery and 10 days of hospitalization. “The doctor said I didn’t have to worry about the expense because his hospital was empanelled with my insurer, Star Health and Allied Insurance." Gupta, however, sought a second opinion. Another doctor quoted ₹50,000 for the same treatment, with just two days of hospitalization and regular physiotherapy thereafter.

By Saqib Iqbal Ahmed

When the Federal Reserve’s rate-setting committee sits down Tuesday and Wednesday, one thing it has to grapple with is that underlying inflation is looking cooler than it thought just a few months ago. Another: The economy is looking much stronger. The central bank’s policy makers will need to update the economic projections to reflect these changes.

Commonwealth Financial Networks announced Monday that R&R Wealth Management, a firm that managed nearly $223 million in assets under advisement at Avantax Investment Services, has affiliated with Commonwealth’s network of independent advisors.

₹12 trillion at the end of the first quarter of 2023-24, up 16.5% from the same three months the previous year. All loans counted, SBI’s assets stood at a little over ₹33 trillion.

Several Small Cap Funds have multiplied investors’ wealth multiple times in the last 10 years. As per data on the website of the Association of Mutual Funds in India (AMFI), as many as five small-cap funds have given around 25% or more annualised returns in 10 years under their respective direct plans till September 15. The regular plans of these schemes have also given over 23% annualised returns in 10 years.

In an exclusive interview, Radheecka Rakesh Garg, Director of Rajdarbar Realty, talks about the growth prospects of commercial realty in Tier 2 and Tier 3 cities and shares her views on the Gurugram market. Excerpts: