CNBC: Investing
JULY 1, 2023
Don't anticipate for another catastrophic collapse to affirm your recession predictions this year, says Canaccord Genuity Chief Market Strategist Tony Dwyer.
Business Standard - FInance
JULY 1, 2023
The Congress-led Shimla Municipal Corporation (SMC) on Saturday approved a four per cent increase in house tax amid protest by the BJP councillors. The proposal was supported by Congress members in a meeting of the SMC House and they said hiking the house tax was mandatory to get central government grants for various works. Mayor Surender Chauhan said according to guidelines of the Himachal Pradesh government, 10 per cent increase in tax is required but in view of better collection of tax, a fou
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CNBC: Investing
JULY 1, 2023
The recession watch for the U.S. economy has been going on about a year and a half now.
Business Standard - FInance
JULY 1, 2023
Based on the data from the NPCI, compared to the same month last financial year, transaction volume increased by 59% and value by 45%
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CNBC: Investing
JULY 1, 2023
Wall Street analysts named their top second half stocks this week.
Business Standard - FInance
JULY 1, 2023
GST officers have busted 304 syndicates involving 9,000 fake GSTINs and input tax credit (ITC) claims of Rs 25,000 crore in the ongoing drive against bogus firms, CBIC chairman Vivek Johri said on Saturday. The chief of the Central Board of Indirect Taxes and Customs (CBIC) flagged that only 40 per cent of the corporate income taxpayer base is registered under Goods and Services Tax (GST).
Investment Banking Today brings together the best content for investment banking professionals from the widest variety of industry thought leaders.
Business Standard - FInance
JULY 1, 2023
State Bank of India, on Saturday, launched 34 Transaction Banking Hubs at 21 district centres across the country with an aim to provide quick and efficient Transaction Banking solutions to customers.Dinesh Khara, the chairman of the SBI, inaugurated the hubs, on the occasion of the 68th foundation day of the bank.As part of the transformational journey of Transaction Banking services and Current Account-related offerings, the bank's goal is to meet all customers' needs and provide comprehensive
The New York Times: Banking
JULY 1, 2023
Central bankers and economists gathered this week and, amid concerns about persistent inflation, wondered about all the things they still don’t know.
Business Standard - FInance
JULY 1, 2023
Finance Minister Nirmala Sitharaman on Saturday said the public sector banks' profit in the last nine years has tripled to Rs 1.04 lakh crore due to initiatives taken by the government and underlined the need for continuing the momentum to fuel economy. The net profit of public sector banks (PSBs) has almost tripled to Rs 1.04 lakh crore in FY23 from Rs 36,270 crore in FY2014.
Financial Times - Banking
JULY 1, 2023
News, analysis and comment from the Financial Times, the worldʼs leading global business publication
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.
Business Standard - FInance
JULY 1, 2023
Finance Minister Nirmala Sitharaman on Saturday said Goods and Services Tax (GST) has helped bring down the taxes for consumers by removing the cascading effect of 'tax-on-tax' and added to the revenue buoyancy of states. She said the GST system has seen massive scaling up since its implementation on July 1, 2017, and the benefit accrued to consumers and governments because of GST implementation is an "exemplar".
Business Standard - FInance
JULY 1, 2023
The Supreme Court has sought a response from the CBI on a plea against a Jharkhand High Court order that a resolution professional appointed under the Insolvency and Bankruptcy Code is a 'public servant' and can be tried under the Prevention of Corruption Act. A SC vacation bench of Justices A S Bopanna and Prashant Kumar Mishra issued the notice to the CBI on a plea challenging the April 5 order of the high court.
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