Chinese consumer prices fell for the fourth straight month in May, data showed Monday, as the world’s second biggest economy struggles with sluggish spending and global trade turmoil. The China-US talks in London will mark the second round of formal…
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Following the Reserve Bank of India’s repo rate cut, banks like Bank of Baroda and Punjab National Bank have lowered their repo-linked lending rates by 50 basis points, benefiting home loan borrowers and small businesses. Bank of Baroda’s RLLR is…
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Mizuho Financial Group is set to acquire KKR-backed Avendus Capital for $700 million, marking Mizuho’s largest investment in India. The deal involves KKR’s exit and will give Mizuho up to 70% ownership. Avendus founders, excluding Ranu Vohra, will remain invested…
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”These guidelines are meant to promote networking amongst one or more chartered accountant firm (s) registered with ICAI with networks or entities established and registered outside India in their respective jurisdiction,” ICAI said on Friday while issuing the draft guidelines.
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The Reserve Bank of India has reiterated its concerns regarding cryptocurrencies, emphasizing their potential to destabilize financial stability and monetary policy. While a government committee is reviewing the matter, the Supreme Court has urged the Centre to establish a clear…
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Infosys has received closure from the DGGI on a GST demand notice of over Rs 30,000 crore, related to reverse-charge payments for services from overseas branches between 2017 and 2022. The company confirmed compliance with regulations and stated the matter…
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