RBI net sells $6.184 bn of US currency in June
Reserve Bank of India continued to remain net seller of the US currency for the third consecutive month in June, after it sold $6.184 billion of the US dollar in the spot market, RBI data showed. During the reporting More...
Wars of the currency kind
Nations letting currency weaken can spur instability Recently, RBI Governor Urjit Patel warned that the global trade war could escalate into a currency war. Trade wars erupt when countries impose tit-for-tat tariffs More...
Types of income tax notices and penalties for various offences
Identify your potential Audience with Native AdsSponsored by Colombia Section 131(1A) & Section 133A An individual can receive a tax notice for a variety of reasons. Here is what the notices under different More...
Americans Can’t Understand The Value Of Decentralized Currency, But Many Other Countries Can
Director and Founding CEO at HIVE Blockchain (TSX.V: HIVE) – Canada’s first publically traded blockchain infrastructure company. Shutterstock Zimbabwe has a become a poster child of economic More...
China’s Strong Economic Growth Figures Belie Signs of Weakness
The United States has started a trade war with China, and by this autumn it could widen the conflict by hitting another $200 billion in Chinese goods with tariffs.CreditAly Song/Reuters SHANGHAI — On the More...
Muthoot Finance eyes disbursal of Rs 300 crore personal loans
Kerala-based Muthoot Financehas set a target to disburse Rs 300 crore personal loans during the current financial year, a top company official said on Wednesday. The company, which had earlier offered gold loans More...
At Rs 3.45 trillion, India’s April-May fiscal deficit at 55.3% of full-year target
India reported on Friday a fiscal deficit of Rs 3.45 trillion ($50.37 billion) during the April-May period, or 55.3% of the budgeted target for the current fiscal year compared with 68.3% a year ago. Net tax receipts More...
States will get to levy additional taxes on top of 28% GST on petrol, diesel: Sushil Modi
Petrol and diesel, when brought under GST, will involve a peak tax rate of 28%, with additional levy by states, which would keep retail rates at almost the same level as they are currently, deputy chief minister More...
Chase all-mobile bank, Finn, rolled out nationwide in search of Millennials
Forget the teller. Bypass the local branch. Chase is rolling out its all-mobile bank, Finn, nationally, bringing together banking and spending-and-savings-related tools to smartphones. Through Finn, customers More...
Piracy in Telugu industry: 10 most pirated films of 2017
The battle against film piracy is one that is being fought by filmmakers across industries. Although ample measures are being taken by the Telugu film industry to tame piracy, millions of files are still being More...