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

Don't anticipate for another catastrophic collapse to affirm your recession predictions this year, says Canaccord Genuity Chief Market Strategist Tony Dwyer.

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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).

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CNBC: Investing

JULY 1, 2023

The billboard giant can become a U.S. pure play or weigh a sale of a few of its stateside assets.

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Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

Management

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

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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.

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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.

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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".

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Government Finance Finance IT 98

CNBC: Investing

JULY 1, 2023

Wall Street analysts named their top second half stocks this week.

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Stock 95

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

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Finance

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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Financial Times - Banking

JULY 1, 2023

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Business 59

Business 59

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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