Debt based mutual funds india

Share to Twitter Share to Linkedin Topline Stocks rallied Tuesday as the federal government moved to instill confidence in the nation’s wobbly banking sector, but a new Bank of America survey reveals investor concerns about market risks have surpassed levels last seen during the Great Recession. Key Facts Treasury Secretary Janet Yellen said in prepared remarks Tuesday that government intervention could be “warranted if smaller institutions suffer deposit runs that pose the risk of contagion.” Yellen’s comments, coupled with a Bloomberg report indicating officials are considering expanding the scope of Federal Deposit Insurance Corporation protection, inspired a rally for bank stocks, with First Republic's 30% gain leading a broad regional bank stock rally and large-cap bank stocks similarly rallying. In turn, the Dow Jones Industrial Average rose 1%, or 317 points, building on Monday’s 314-point gain, while the S&P 500 and Nasdaq … [Read more...] about Yellen Testifies Banking Crisis ‘Different From 2008’—But Fund Managers Worry ‘Systemic’ Debt Risk Could Crash Market

Share to Twitter Share to Linkedin Ajay is a Managing Director at Taurus Investment Holdings and leads the Boston-based global investor's India business . After higher holiday sales than expected in 2022, it would be tempting to imagine that all is well again in the retail and retail real estate industries, which were ravaged worldwide by two years of pandemic-related closures and restrictions. The truth is, however, far from rosy; retailers across the U.S. are, in fact seeing muted sales (registration required) as inflation makes shoppers apprehensive about opening their wallets. With a long-term glut of shopping center space and widespread pain among stalwart mall tenants, many malls across the country may close or be converted to other uses, including residential units and offices. The outlook for malls across Western Europe also remains cloudy. Data (registration required) from retail footfall tracking specialist Sensormatic shows that … [Read more...] about Retail Real Estate Development Looks To India

Share to Twitter Share to Linkedin The manufacturer of the ride systems which power many of Disney's most beloved theme park attractions has been put up for sale after over-spending in a bid to build the world's most cutting-edge roller coaster. Unbeknownst to many guests, theme park giants like Disney and Universal Studios don't tend to build their own attractions. Instead they rely on specialist engineering firms to make rides to their specification or they buy off-the-shelf systems so that their designers can give them a magic touch. This trend dates back to the early days of the theme park industry when Walt Disney himself bought six ride mechanisms from California-based manufacturer Arrow Development so that they could be part of the opening day line-up for Disneyland in 1955. Arrow made rides for small-scale amusement parks but they were given a sparkle by Disney's design wizards who are known as Imagineers due to their expertise in imaginative … [Read more...] about Leading Disney Ride Manufacturer Puts Itself Up For Sale

SVB Financial Group and the federal regulator that closed its Silicon Valley Bank unit indicated at a bankruptcy court hearing on Tuesday that a fight is looming over $2 billion of the former parent company’s cash that was seized along with the lender. SVB Financial, which filed for bankruptcy on Friday, had said in court papers the U.S. Federal Deposit Insurance Corp took “improper actions” to cut off the parent company from its cash held at its former subsidiary, which was seized by regulators to stem a national bank run. SVB Financial’s attorney told U.S. Bankruptcy Judge Martin Glenn at a hearing in Manhattan that the financial company lost access to its deposits the day before it filed for Chapter 11 protection. “Not only has the bank been taken, all the cash has been taken,” said James Bromley, an attorney for SVB Financial. California banking regulators on March 10 closed Silicon Valley Bank in the largest U.S. bank failure since the 2008 financial crisis. The collapse … [Read more...] about Silicon Valley Bank’s former owner, FDIC bracing for fight over $2B

Share to Twitter Share to Linkedin bench·mark: to evaluate or check by comparison with a standard. /ˈben(t)SHmärk/ verb — gerund or present participle: benchmarking example: “we are benchmarking our performance against external criteria” The entrepreneurial community sometimes views the corporate fascination with benchmarking as a symptom of large company conservatism: when you don’t know what to do, check to see what your peers are doing instead of trying something new. Benchmarking is often dismissed as “paralysis by analysis” hated by fast-moving startup CEOs and institutional VCs. But benchmarking against best practices occurs for good reason. Over time, best practices emerge based on the experience of what actions led to successful outcomes. This is especially important in a field where there is little to no formal education, no certifications, and relatively distant regulatory agencies. In real estate, law, or … [Read more...] about The Importance Of Benchmarking

A scramble by troubled U.S. lender First Republic Bank to secure a capital infusion kept worries about the broader banking sector alive on Wednesday as authorities considered steps to further strengthen financial stability. While recent market turmoil has eased, the Federal Reserve’s meeting later in the day is now a major focus for investors, with traders split over whether the U.S. central bank will be forced to pause its hiking cycle to ensure financial stability. The Fed’s relentless rate hikes to rein in inflation have been partly blamed for sparking the biggest meltdown in the banking sector since the 2008 financial crisis. The collapse of Silicon Valley Bank, which sank under the weight of bond-related losses due to surging interest rates, kicked off a tumultuous 10 days for banks which culminated, for now, in the 3 billion Swiss franc ($3.2 billion) Swiss regulator-engineered takeover of Credit Suisse by rival UBS on Sunday. The wipeout of Credit Suisse’s Additional … [Read more...] about US banks face scrutiny as Fed rate decision looms

Share to Twitter Share to Linkedin The Last Prisoner Project (LPP) with the Cannabis Caucus of the Michigan Democratic Party and The Redemption Foundation has raised $30,000 in donations towards the Michigan Cannabis Prisoner Release Campaign towards cannabis prisoner release. The progression of cannabis within this country has called for a need for criminal justice reform. Through interventions, advocacy, and awareness LPP, has dedicated its mission through engagement and campaigns. Long time supporter of LPP and advocate, TV host Montel Williams has a personal history with Michigan cannabis reform, stating, “Michigan’s failure to address restorative justice as part of cannabis legalization shocks the conscience.” Williams was arrested in a Detroit airport for possession of a pipe in 2002. The 10th state to legalize marijuana, Michigan has had success towards the additional tax revenue and opening of dispensaries around the state but has fallen … [Read more...] about Last Prisoner Project and Cannabis Caucus Raise $30,000 Towards Cannabis Prisoner Release