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PENNINGTON ALTERNATIVE INCOME MANAGEMENT
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savings- ‘Markets will remain noisy. That’s how you make money’: Axis MF’s CEO & MD B. Gopkumar on SIPs, volatility and investing
- Your father earned far less but built more wealth. Bengaluru CA explains how they turned their money into assets
- Spanish Proverb of the Day: “In the absence of bread, cakes are… — Life lessons on expectations, acceptance, gratitude and why something is better than nothingSpanish Proverb of the Day highlights the meaning of “In the absence of bread, cakes are good.” The saying reflects how people adapt to cir...21 Jun, 2026, 12.27 AM IST
- Cannabis-derived aroma compounds show surprising potential to relieve chronic pain in fibromyalgia and post-surgical models, shows researchResearchers from the University of Arizona have discovered that cannabis terpenes, the compounds responsible for the plant's distinct aroma...20 Jun, 2026, 09.35 PM IST
- Tenant wins tax relief on Rs 38.62 lakh sale of landlord’s property, received for surrendering tenancy rights; know why ITAT Mumbai ruled in his favourA Mumbai tenant received tax relief after selling a property he obtained for surrendering his tenancy rights. The Income Tax Appellate Trib...20 Jun, 2026, 07.11 AM IST
- Institutional ownership narrows office supply as outright demand holds upIndia’s office real estate market is shifting towards a leasing-led model, with developers, REITs and institutional investors increasingly ...20 Jun, 2026, 12.07 AM IST
- NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investmentNRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...19 Jun, 2026, 05.41 PM IST
- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...19 Jun, 2026, 03.44 PM IST
- Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...19 Jun, 2026, 11.15 AM IST
- More immediate climate mitigationAs India grapples with an unusually dry June, the looming threat of a subpar monsoon casts a shadow over the agricultural landscape. With m...18 Jun, 2026, 11.11 PM IST
- InCred Capital expands global footprint with launch of US operations; appoints Arunava Das as CEO, North AmericaInCred Capital, the institutional, wealth and asset management arm of InCred Group, announced the launch of its US operations with the open...17 Jun, 2026, 08.45 PM IST
- ET Alpha Wealth Summit | India's passive investing boom just starting; speed of change is unlike anything seen elsewhere: Sid SwaminathanIndia's investment world is undergoing a significant transformation. Passive funds are leading this change, growing from 6% to 25% of the m...17 Jun, 2026, 12.52 PM IST
- ET Alpha Wealth Summit | From private credit to real estate funds, alternate investments are no longer a niche play for HNIs: Lakshmi IyerIndian wealthy investors are now looking beyond stocks for portfolio growth. A significant shift towards diversifying across various invest...17 Jun, 2026, 12.23 PM IST
- Foreign investors may bet big on Indian stocks after regulatory clarity emergesIndia has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...17 Jun, 2026, 05.29 AM IST
- CCI clears TVS Group's acquisition of PGIM India AMC, Temasek-Romsons dealIndia's fair trade regulator CCI has given the green light for TVS Group entities to acquire PGIM India Asset Management. The regulator als...16 Jun, 2026, 08.36 PM IST
- El Nino to hit 9-10 states severely; Chouhan calls for district-level contingency plans for KharifAgriculture Minister Shivraj Singh Chouhan has directed coordinated meetings with district officials and agricultural agencies in 9-10 stat...16 Jun, 2026, 07.44 PM IST
- YES Bank share price rises 3% on partnership with Northern Arc to extend lending offeringsYES Bank shares gained after the lender announced a strategic partnership with Northern Arc Capital. The collaboration aims to expand credi...16 Jun, 2026, 11.32 AM IST
- Holiday home operator Elivaas plans new funding round; targets 1,200 villasElivaas, a holiday home operator, is preparing for its next fundraising round to fuel expansion. The company plans to double its villa coun...12 Jun, 2026, 04.26 PM IST
- Motilal Oswal shares jump 5% after UBS initiates coverage with 'Buy', sets Rs 1,150 targetShares of Motilal Oswal Financial Services rose sharply on Friday after UBS initiated coverage with a 'Buy' rating and Rs 1,150 target pric...12 Jun, 2026, 10.24 AM IST
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