Rupee likely to strengthen towards 79 by end-FY24: UBS Securities

Rupee likely to strengthen towards 79 by end-FY24: UBS Securities https://ift.tt/VJRrod1 current account deficit will help the Indian rupee appreciate against the US dollar to around 79 by the second half of the current fiscal year, according to Tanvee Gupta Jain, the chief India economist at UBS Securities. While expecting the rupee to be volatile in the short term, Jain sees the local unit gain towards 79 against the greenback by the end of FY24, thanks to a narrowing CAD and weaker dollar volatility index. The agency estimates crude prices to average $80/barrel in FY24, down from $95 a barrel in FY23.

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What happens if husband dies without a will | Economic Times

Given the uncertainty of life in the face of Covid-19, it is advisable to write a will if you have assets and want to pass them on to your family members smoothly. However, the urgency and importance of a will and nomination are not fully realised because no one believes it will happen to them.Especially vulnerable are dependants like children and homemaker spouses, who have stayed away from the entire process of financial transactions and wealth management. Women are typically unaware of their legal rights regarding property, let alone know how to access it. What should they do if their husbands die suddenly without a will? How is his property distributed and does it differ for women of different religions?1. Assets distributed as per law based on religionIf the husband dies intestate, i.e., without a will, the assets are distributed as per the law based on his religion. For Hindus, Jains, Buddhists and Sikhs, the distribution is governed by the Hindu Succession Act, 1956, and the Hin...

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