External debt rises 2.7% to $629 billion as of June end

External debt rises 2.7% to $629 billion as of June end https://ift.tt/sCuHT6l deposits as reflected in debt from "Deposit-taking Corporations, except the Central Bank" increased 6.5 percent in the June quarter to $167 billion from $157 billion a year ago. While outstanding overseas borrowings as reflected in debt from "Non-financial corporations remained flat at $250 billion" remained flat at $ 250 billion over the period. The RBI data also indicated that outstanding debt of the general government decreased, while non-government debt increased at end-June 2023.

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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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