Search Results for: tax payments

SVB Collapse Update: Germany halts operations, US bank shares tumble

In London, Standard Chartered is down 6 per cent with Barclays losing 5 per cent. The market is sending a consistent message that a US recession is about to start,

Mar 14, 2023

Confused with US's SV Bank crisis, besieged SVC Bank threatens legal action

SVB collapse explained: What happens to your deposits in worst-case scenario [details]

Silicon Valley Bank crisis has snowballed into a major concern for investors, startups and VCs. Here's an explainer of the whole issue, what led to the SVB collapse and what comes next.

Mar 12, 2023

Dr. Reddy's Laboratories acquires Mayne Pharma's US prescription portfolio for $105 mn

Indian pharma major, Dr. Reddy's Laboratories Ltd, through its subsidiary has inked an agreement to acquire the US generic prescription product portfolio of the Australia-based, Mayne Pharma Group Limited, for consideration of about $105 million.

Feb 27, 2023

Tough love: Pak has gone to IMF for bailouts 23 times in 75 years

No way to run a country; PAK has gone to IMF for bailouts 23 times in 75 years

Pakistan keeps going to the International Monetary Fund (IMF) again and again. A whopping number of 23 programmes clearly suggests that Pakistan is addicted to the Fund's tough love.

Feb 26, 2023

RBI stops printing Rs 2,000 notes two years after demonetisation

Demonetisation widened tax net, led to seizure of Rs 900 Cr: Finance Ministry

For 2017-18, net direct tax collections witnessed a growth rate of 18 per cent over 2016-17, which was the highest in the preceding seven fiscal years.

Feb 24, 2023

Indian-American doctor admits healthcare fraud conspiracy

An Indian-American doctor has admitted defrauding New Jersey state and local health benefit programmes and other insurers by submitting fraudulent claims for medically unnecessary prescriptions.

Feb 20, 2023

Inaugural G20 FMCBG meeting in Bengaluru next week; RBI Guv, Finance Min to join

The first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting, under the G20's Indian Presidency, is scheduled to take place in Bengaluru between February 24-25.

Feb 19, 2023

Fraudsters get creative, come up with newer ways to dupe people

Beware: Chinese fraudsters out to scam Indians using fake loan apps [read now]

In February last year, a complaint was lodged at the IFSO unit of the Special Cell by a woman alleging that she has been abused and threatened by some unknown persons sent her morphed and vulgar photographs to her family, friends and relatives through social media.

Feb 19, 2023

"Some can't stand India's success": PM Modi jibes at Rahul Gandhi, attacks Congress [details]

Starting his speech by thanking the President, PM Modi also said the world's top universities will do studies on Congress' downfall.

Feb 8, 2023

J&K Bank assures investors, says "our loans are secure" amid Adani-Hindenburg row [details]

Management of the J&K Bank says Rs 250 Cr exposure in Adani Power is receiving repayments regularly. Allays any fears.

Feb 3, 2023

DigiLocker services for MSMEs, large businesses, charitable trusts soon

The government on Wednesday announced to set up DigiLockers for the micro, small and medium enterprises (MSMEs), large businesses and charitable trusts.

Feb 1, 2023

Budget 2023-24: 'Halwa' ceremony held to begin final stage of preparations

Finance Minister Nirmala Sitharaman, ministry officials and members of budget press participated in the 'Halwa' ceremony on Jan 26, which marks the final stage of budget preparations.

Jan 26, 2023

India Stack 2.0 to be more nuanced, intelligent & sophisticated: Rajeev Chandrasekhar

India Stack will become more nuanced, intelligent and sophisticated in its next avatar, as more and more enterprises and countries across the world innovate and integrate, execute, and implement digital transformation, Rajeev Chandrasekhar, Minister of State of Electronics and IT, has said.

Jan 26, 2023

How does a Home Loan EMI Calculator helps you with financial planning

The ICICI home loan EMI calculator is your ideal companion if you have opted for a housing finance scheme and are looking for effective ways to plan your budget

Jan 22, 2023

PhonePe raises $350 mn at $12 billion valuation; investment plans mapped [details]

Fintech platform PhonePe on Thursday said it has raised $350 million in funding from General Atlantic, a leading global growth equity firm, at a pre-money valuation of $12 billion.

Jan 19, 2023

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