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  • How is alimony calculated in India? | Explained

    Whenever a couple announces divorce all eyes tend to be on them! But besides the courtroom drama, what actually happens during alimony calculations? In this video we tell you about temporary and permanent alimony. Temporary alimony is when the amount is payable only for a fixed amount of time, while permanent alimony involves settlements that range between one-fifth & one-third of the husband’s one-year salary. Watch as we explain to you all about it.

  • Citigroup settles shareholder CDO lawsuit for $590m

    Citigroup Inc agreed to pay USD 590 million to settle a shareholder lawsuit that accused the bank of hiding tens of billions of dollars of toxic mortgage assets, one of the largest settlements stemming from the global financial crisis.

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