America’s Most Dangerous Cars to Drive

According to figures recently published by the The National Highway Traffic Safety Administration, an estimated 42,939 Americans died in motor vehicle traffic crashes in 2022. That figure is just shy of the previous year’s 42,939, which was the highest figure in more than a decade. Through the first quarter of this year, 9,330 Americans died on the road. Not all […]

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Robust growth ahead for pvt insurers; HDFC Life may see stronger momentum

Private players continued to show strong momentum in the life insurance individual new business segment during August, 2023. On an aggregate, the industry registered 14 per cent growth year-on-year (Y-o-Y) compared to 15 per cent in July ‘23. Private players were up 21 per cent Y-o-Y, up from 16 per cent Y-o-Y in July ‘23, while public insurers’ growth was […]

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Wilko brand rescued by The Range as retailer snaps up website

The Range has agreed to buy Wilko’s brand, website and intellectual property, administrators for the collapsed retailer have announced. PwC, which was hired to oversee Wilko’s insolvency last month, said it expects online operations to recommence once Wilko’s store closure programme concludes in early October. The deal, for an undisclosed sum, will also see 36 workers from Wilko’s digital team transfer […]

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Multi-asset playbook divides mutual fund industry; hybrids in demand

The change in debt fund taxation is seen as boosting the demand for hybrid funds. It is no surprise then that asset management companies (AMCs) have launched a raft of new products in the multi-asset category. However, they seem to be divided on the asset mix and approach. The multi-asset space, which provides fund houses ample scope to innovate, has […]

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