Part of China's economic miracle was a mirage. Reality check is next

Part of China's economic miracle was a mirage. Reality check is next https://ift.tt/hdiDj1u failure to implement major economic reforms has raised concerns about the future of its economy. President Xi Jinping's plans for a transition to a Western-style free market economy driven by services and consumption have largely gone nowhere, leaving the country reliant on outdated policies that have contributed to its massive debt and industrial overcapacity. Analysts see a slow drift towards stagnation as the most likely outcome, but there is also the risk of a severe economic crisis.

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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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