The Sisters didn’t sell it off to developers right away, though Laplace says developers would have “grabbed it very quickly.” (It’s the largest parcel in New Orleans under single ownership.) They considered it, she admits, because the congregation was low on funds. But the Sisters had recently merged with six other Sisters of St. Joseph communities across the country, which helped their finances, and put them in a position where they didn’t need that money right away. Instead, by coincidence, they were connected with the architecture firm Waggonner & Ball, which was already doing work to repair the city post-Katrina through its Dutch Dialogues, which looked to take advice from the Netherlands for how to ensure New Orleans could weather its next storm. … [Read more...] about How these New Orleans nuns helped turn their convent into a beautiful, flood-preventing urban wetland
Cleveland federal reserve
"They both are comparatively young, yes but they both are naturally attacking player. Their attitude is very good in general about cricket. I don't think they would need much of an advice."Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about India vs New Zealand: Home side start as favourites but 320 is good first innings score, says Rahane
While New Zealand are expected to go with four frontline pacers and may be a fifth seamer in all-rounder Colin de Grandhomme, the Indian team management might be tempted to try out Ravichandran Ashwin, who purely as a spinner, has more variety compared to left-arm orthodox of Ravindra Jadeja. … [Read more...] about India vs New Zealand 1st Test preview: Where to watch live, team news, betting odds and possible XI
The direct control of yields is not without risks. Long-term yields remained stubbornly high due to fiscal pressures, increasing disconnect between nominal interest rates and inflation. The manipulation of the yield curve could result in diluting their informational content relative to their underlying risk profile, the decoupling of interest rates and risk (albeit limited), and uncertainty about future interest rate movements, contrary to the predictability guaranteed by an inflation targeting regime. These need keen watch ahead. … [Read more...] about Monetary Policy: Non-standard steps, a seventies’ feel, and some risks
Union Budget 2020 has proposed that dividends from equity mutual funds would now be taxable in the hands of the investor, reducing their overall income from this investment. A Ulip, being an insurance product, enjoys a tax arbitrage over mutual funds, though both may have invested their own corpus nearly similarly.However, Ulips cannot be considered superior to mutual funds purely on the basis of taxation. Equity mutual funds tend to deliver higher returns over a longer term than ULIPS. An investor can protect the tax rate dividends are subjected to, by opting for growth option. Equity mutual funds are also superior since they provide better liquidity, no lock-in periods and investors can exit when they want to. However, in a Ulip, an investor must necessarily remain locked-in for a period of five years. Exiting from one scheme and moving to another amounts to full redemption and the next lock-in will begin if an investor moves to another Ulip. An investor can easily redeem and move to … [Read more...] about Equity MFs versus ULIPs: Which investment is better after the Budget?