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In a surprise move, the Reserve Bank of India announced a 50 basis point reduction in the repo rate during the second bi-monthly MPC meeting on Friday, bringing the rate down to a three-year low of 5.5%, signalling the regulator’s confidence in India’s overall sound macroeconomic condition.With inflation easing, the central bank has shifted its focus to reviving growth, affirming that India’s growth story remains strong despite global uncertainties. This move is expected to benefit both consumers and businesses, as lower costs will encourage buyers to spend more on big-ticket...

Tenaya Therapeutics, Inc. SOUTH SAN FRANCISCO, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Tenaya Therapeutics, Inc. (NASDAQ: TNYA), a clinical-stage biotechnology company with a mission to discover, develop and deliver potentially curative therapies that address the underlying causes of heart disease, today announced that Faraz Ali, Tenaya’s chief Executive Officer, will participate in several upcoming investment conferences. Details are as follows: Morgan Stanley 22nd Annual Global Healthcare Conference Date: Thursday, September 5, 2024 Format: Fireside chat 10th Annual World Medical Innovation ForumDate: Monday, September 23, 2024Format: Panel discussion Chardan’s 8th...

Bank of America offered the lowest average interest rate on investment loans in our review, which relies on HMDA data for 2024. It also performed well in our mathematical scoring model for operational features, with lots of infrastructure to support lending activities—just what you’d expect from a big national bank. Bank of America offers big bank infrastructure and customer support (plus attractive rates), but its underwriting may be tighter than other lenders. Across 1,100 investment property loans funded in 2024, Bank of America’s average rate was just 6.62%, the lowest...

On May 22, 2025, the House of Representatives passed H.R. 1, the budget reconciliation bill known as the One Big Beautiful Bill Act (the Tax Bill). The Tax Bill proposes amendments to the Internal Revenue Code (the Code) that could have significant consequences for both individuals and businesses. Below is a summary of the key changes under the Tax Bill that would impact the real estate industry and real estate funds. The Tax Bill has now moved to the Senate for consideration, where further modifications to the tax provisions discussed...

If you’re building a Fintech, Insurtech, or similar service tech startup, credit unions may not be the first market you think of, but they should be. Beyond being valuable customers, they can also be an important source of investment capital. Credit unions are not-for-profit financial institutions that are owned and operated by their members. Unlike traditional banks, they focus on returning value to members through lower loan rates, higher savings yields, reduced fees, and paying member dividends. Membership is usually limited to certain communities, like employees of a specific company,...

Located in rural Utah, the solar-plus-storage project is among the largest under construction in the United States Green River Energy Center Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy. Rendering of the Green River Energy Center SALT LAKE CITY, June 05, 2025 (GLOBE NEWSWIRE) -- rPlus Energies announced today the successful close of a tax equity financing commitment exceeding $500...

KKR is taking full advantage of the dislocation in the real estate financing market from traditional lenders.The investment firm’s pipeline of private commercial real estate financings recently hit $42 billion, Bloomberg reported. The company disclosed the record in a note released by the company’s real estate credit group.Deals are popping up rapidly for KKR as a chasm continues to grow between private lenders and the risk tolerance of banks and other traditional lenders in the industry. Additionally, commercial real estate values are resetting across sectors.Interestingly, tariff policy has also worked...

Rochester, N.Y. — A local organization is showcasing the upcoming investments in the heart of Rochester. The Rochester Downtown Development Corporation hosted its "Downtown Rising" luncheon Tuesday at The Penthouse at One East Avenue, which highlighted efforts to support new businesses and homes in the city's center. Over 10,000 individuals call downtown Rochester home, with more coming soon as over 1,000 units are currently being built or converted to residential.The summit gathered community members together to explore visions of how to shape downtown Rochester to become a more vibrant and...

An artist aerial impression of First Rock's Hambani Estates. KINGSTON, Jamaica — The People’s National Party (PNP) says it is deeply concerned following reports that First Rock Real Estate Investment Limited has been placed in receivership by Sagicor. Opposition Spokesperson on Finance, Julian Robinson, is calling on the minister of finance to immediately disclose the extent of government investments in the company, given that three government entities, the National Insurance Fund (NIF), Norman Manley International Airport (NMIA), and the Airports Authority of Jamaica (AAJ), are listed among the 10 largest...

Surgeons spend years mastering complex procedures and delivering life-saving care. Yet when it comes to wealth-building outside the operating room, many rely heavily on traditional investing or overextend themselves with high-consumption lifestyles. Real estate offers a practical path toward building sustainable, long-term wealth that doesn’t demand more hours in the hospital. Platforms like aptainvest.com make it easier than ever for high-income professionals to explore curated real estate opportunities tailored to their financial goals. This guide outlines how real estate investments can create financial freedom for surgeons, reduce dependence on active...