“Close to 96% of the net worth of the promoters of India’s wealthiest families is parked in trusts,” said Rishabh Shroff, partner at Cyril Amarchand Mangaldas, a Mumbai law firm. “These structures are increasingly attractive to wealthy business families, to shield their assets and insulate their businesses from insolvency, family or creditor disputes.”
Taiwan is preparing to hold presidential and parliamentary elections on 13 January.
Prices rose by 3.4% as Americans paid more to dine out as well as on housing and car insurance.
The Kaiser Family Foundation recently reported that the annual cost of family health insurance jumped to nearly $24,000 this year, the greatest increase in a decade. While insurance executives and employers may cite a plethora of reasons, one of the chief culprits is lack of oversight over the Wild West of healthcare prices. My friend…
Republicans and Democrats don’t seem to agree on much these days. But despite the gridlock in Congress, both political parties have for years supported spending billions on Science, Technology, Engineering and Math (STEM) education. Their goals include reducing perceived shortages of STEM workers, boosting American innovation and competitiveness and diversifying this highly paid workforce. The…
Hey there, world travelers and global citizens! Today, we’re taking a fascinating journey across continents to explore the economic powerhouses that are shaping the global landscape in 2024. From bustling metropolises to scenic landscapes, these countries are not only leading the charge in economic growth but also setting the pace for innovation, entrepreneurship, and prosperity…
An American Airlines Airbus 321 sits at the gate at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, on July 23, 2023. Daniel Slim | AFP | Getty Images First things first: American Airlines isn’t changing the requirements to earn elite status at the airline in the coming earning year. Those thresholds are typically…
