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Family Office Demand for Alternatives Rising in Asia

"Christina Au-Yeung, Head of Investment Management Services, Morgan Stanley Private Wealth Management Asia; Elton Cheung, Managing Partner, VMS Group and Mathieu Forcioli, Global & Asia Pacific Head of Alternatives, Wealth & Premier Solutions, HSBC tell Bloomberg's Sharnie Wong the appetite for alt...

Senate chairman approves surrender of over Rs200m to national exchequer to support govt’s austerity drive

Senate Chairman Yousuf Raza Gilani on Friday approved the surrender of the Rs265 million to the national exchequer in efforts to support the government’s austerity drive. On March 9, the government announced a host of austerity measures to conserve fuel in view of the global fuel crisis triggered by...

India says fuel stocks adequate for 60 days

India has dismissed reports of shortages as a “deliberate misinformation campaign” to spur panic buying Read Full Article at RT.com

Government cuts excise duty on petrol, diesel amid West Asia war

Government cuts excise duty on petrol diesel amid West Asia war

Oaktree Will Meet 8.5% Private Credit Fund Redemptions in Full

Oaktree Capital Management is meeting all redemption requests it received for a $7.7 billion private credit fund aimed at retail investors, siding with managers that have decided against enforcing a cap on withdrawals.

India clears military purchases worth $25b to buy aircraft, Russian S-400 missile systems

Follows $40b deal last month for Rafale jets and Boeing P-8I aircraft for air force, navy

Pernod, Brown-Forman in Merger Talks

Pernod Ricard and Brown-Forman are discussing a merger to consolidate amid an industry downturn. A combination would bring together Pernod's brands like Martell Cognac and Absolut Vodka with Brown-Forman's whiskeys such as Jack Daniel's and other brands including Fords Gin and Herradura tequila. Blo...

Sensex ends 1,690 points lower, Nifty below 22,900; Reliance tumbles over 4%

Sensex ends points lower Nifty below Reliance tumbles over

अमेरिका-ईरान जंग का असर, भारत के टॉप 7 शहरों में गिरी घरों की सेल

Govt expands Roshan Digital Account to allow foreign nationals, companies to invest

Move aims to strengthen links with financial markets and encourage foreign investment

Middle East crisis: Govt puts export duties on diesel, turbine oil; eyes Rs 1,500 cr collection

The government has imposed export duties on diesel and turbine fuel to boost domestic availability and energy security, estimating Rs 1,500 crore in revenue. Simultaneously, special excise duties on petrol and diesel were reduced to shield consumers, keeping retail prices stable amid global oil supp...

From semiconductors to medical tech, Iran war puts helium users on edge

Beyond oil, the Middle East conflict is fuelling fears of a shortage of helium – a by-product of liquefied natural gas (LNG) production that is critical for semiconductors, aerospace applications and high-end medical equipment. The medical sector is on alert, as magnetic resonance imaging machines d...

Rupee hits record low for 6th time this month, UAE expats gain

Vital Oil Price Benchmarks Bent Out of Shape by Iran War

Asia’s oil refiners are seeking alternatives to the Middle East’s benchmark crude prices, as war-driven distortions fuel wild price swings that they say have come untethered from physical market realities.

Petrol Relief For Motorcyclists- Initial Details Revealed

ISLAMABAD: The government has developed a mobile application to provide subsidized petrol, proposing a 20-litre monthly quota for motorcyclists and rickshaw owners, ARY News reported. The federal government has finalized a plan to provide fuel relief to low-income citizens, specifically targeting mo...

Grief and grit: UAE holds steady amid uncertainty

'Lifeline of economy': FPCCI criticises negative remarks against Pakistan's GSP+ status

Senior vice president says status was secured through strict compliance with all required regulations

Zhao Leji reiterates commitment to opening up, shared development

China adheres to the basic state policy of opening up and welcomes enterprises from all countries to continue investing in China and share the opportunities brought about by China's high-quality development, China's top legislator Zhao Leji said on Friday.

US plans to raise H-1B wages to match American pay

US plans to raise HB wages to match American pay

Nokia set to lay off 14,000 employees, Indian teams likely impacted

Nokia set to lay off employees Indian teams likely impacted