Economy 1429 May12:0014:0016:0018:0020:00
Council may find it difficult to raise GST rates

29 May 00:00 4 articles

Council may find it difficult to raise GST rates

 The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June.

29 May 00:00 Telangana Today 8182025567676095131.html
Council may find it difficult to raise GST rates

IANS New Delhi The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June. A top government so

29 May 15:43 The Navhind Times 3656927215217498779.html
Council may find it difficult to raise GST rates

IANS New Delhi The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June. A top government so

29 May 15:44 The Navhind Times 3656927214949916337.html
GST Council may find it difficult to raise GST rates

It was widely expected that the GST Council could consider raising tax rates and cess on certain non-essential items to boost revenue for states and the Centre.Several states have reportedly taken an over 80-90% hit in GST collections in April

29 May 10:28 Livemint 6614605819269358820.html
Economy needs the support of PSBs, says Union Bank chief

29 May 15:36 2 articles

Economy needs the support of PSBs, says Union Bank chief

The country’s economy, which has been hit by the Covid-19 outbreak, needs support from the public sector banks (PSBs) to boost credit growth, said an official on Friday. The number of PSBs has come d

29 May 15:36 BusinessLine 5283601847633943.html
Economy needs support from PSBs: Union Bank chief

Speaking at a webinar session organised by the BCCI, Rai said that there will be a shift of credit growth in favour of the PSBs, adding that depositors will expect an interest rate of 5.5 per cent.

29 May 15:17 The Financial Express 1288289581102605242.html
US money market funds waive fees to stave off negative returns

29 May 03:00 2 articles

US money market funds waive fees to stave off negative returns

Decline in yields on short-term debt prompts action from asset managers

29 May 03:00 Ft 707176889150166290.html
Some US asset managers are slashing fees on money market funds so their investors don't lose money because returns are so low

Asset management firms in the US are slashing fees charged on short-term debt funds as plunging interest rates and yields on US government debt ...

29 May 15:45 Business Insider 3364799147224932629.html
4.6 magnitude earthquake hits Haryana; strong tremors felt in Delhi, nearby areas

29 May 15:51 2 articles

4.6 magnitude earthquake hits Haryana; strong tremors felt in Delhi, nearby areas

Earthquake tremors were felt in Delhi on Friday evening.

29 May 15:51 The Statesman 1191309781521682263.html
Earthquake in Delhi, Gurugram: Richter scale notes 4.6 magnitude earthquake, Haryana’s Rohtak epicenter

Earthquake in Delhi, Gurugram: Reports said Haryana's Rohtak was the epicenter for earthquake and tremors were felt in adjoining areas of Delhi.

29 May 15:49 newsx.com 5974563062530081579.html
RBI imposes Rs 4 crore penalty on Citibank

29 May 00:00 2 articles

RBI imposes Rs 4 crore penalty on Citibank

In a release, RBI said the penalty has been imposed on Citibank NA for contravention of certain sections of the Banking Regulation Act and for non-compliance with directions.

29 May 00:00 Moneycontrol 1603024964563221500.html
RBI Imposes Rs 4 Crore Penalty On Citibank Over Non-Compliance Of Regulations

The action will not affect the bank's customers, RBI clarified

29 May 15:20 NDTV.com 5090057682187508648.html
India's forex reserves soar to record high of $490.04 billion

29 May 00:00 2 articles

India's forex reserves soar to record high of $490.04 billion

Foreign currency assets (FCA), a major component of the overall reserves, increased by $3.035 billion to $451.706 billion in the reporting week, Reserve Bank of India (RBI) data showed.

29 May 00:00 Moneycontrol 1603024965338982719.html
Foreign Exchange Reserves Soar To Record High Of $490.04 Billion

The country's foreign exchange reserves swelled by $3.005 billion to a lifetime high of $490.044 billion in the week to May 22.

29 May 15:36 NDTV.com 5090057681989877129.html
Former South Korean 'comfort women' leader apologises for 'banking errors'

29 May 15:50 2 articles

Former South Korean 'comfort women' leader apologises for 'banking errors'

SEOUL: The former leader of an advocacy group for South Korean victims of Japanese wartime sexual violence on Friday (May 29) denied allegations ...

29 May 15:50 CNA 5644198863894094920.html
Former South Korean 'comfort women' leader apologises for 'banking errors'

SEOUL (Reuters) - The former leader of an advocacy group for South Korean victims of Japanese wartime sexual violence on Friday denied allegations of misusing funds meant for the victims but apologised for “banking errors”.

29 May 07:16 Reuters 8334514180874417387.html
CannTrust Holdings greenhouse licenses reinstated, plans restart of operations

29 May 12:25 2 articles

CannTrust Holdings greenhouse licenses reinstated, plans restart of operations

VAUGHAN, Ont. — CannTrust Holdings Inc. says Health Canada has reinstated its licenses for its greenhouse in Niagara and that it will immediately restart operations.

29 May 12:25 KitchenerToday.com 52741009173765562.html
CannTrust Holdings greenhouse licenses reinstated, plans restart of operations

CannTrust Holdings Inc. says Health Canada has reinstated its licences for its greenhouse in Niagara and that it will immediately restart operations.

29 May 15:57 CTVNews 2422791598895593811.html
Keep It Simple and Avoid Exxon Mobil Stock

29 May 15:35 2 articles

Keep It Simple and Avoid Exxon Mobil Stock

Higher oil prices may have investors considering buying Exxon Mobil stock. But, the murkiness surrounding demand makes the stock a poor bet.

29 May 15:35 InvestorPlace 24614510558549847.html
Protecting the Dividend at Any Cost Is a Real Risk to Exxon Mobil Stock

An obsession with maintaining its dividend by racking up debt in these uncertain times is a drag on Exxon Mobil Stock.

29 May 14:34 InvestorPlace 24614511125280137.html
Pound-to-Australian Dollar Rate Won't be Spared by China's Moves against Australia Or USD/CNH

29 May 11:01 2 articles

Pound-to-New Zealand Dollar Rate Breaking Down into New Lower Range, but Nears Support

The British Pound Sterling vs the New Zealand Dollar: Latest GBP/NZD News and Analysis

29 May 11:01 The Pound Sterling Live 6614579506626126971.html
Pound-to-Australian Dollar Rate Won't be Spared by China's Moves against Australia Or USD/CNH

The Pound vs Australian Dollar: Latest GBP/AUD Forecasts, News and Analysis

29 May 15:25 The Pound Sterling Live 6614579508317143090.html
Ukraine expects US$5 bln IMF loan approval on June 5 – PM Shmyhal

29 May 00:00 2 articles

Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

29 May 00:00 Investing.com 5710361974729654532.html
Ukraine expects US$5 bln IMF loan approval on June 5 – PM Shmyhal

The first tranche of US$1.9 billion may be disbursed the following day.

29 May 15:40 UNIAN 6863008970523992909.html
Turkey says may begin oil exploration under Libya deal in 3-4 months

29 May 15:38 2 articles

Turkey says may begin oil exploration under Libya deal in three-four months

Turkey may begin oil exploration in the eastern Mediterranean within three or four months under a deal it signed with Libya that was condemned by others in the region including Greece, Energy Minister Fatih Donmez said on Friday. Libya's internationally-recognised Government of National Accord (

29 May 15:38 Yahoo 7097669637715576411.html
Turkey says may begin oil exploration under Libya deal in 3-4 months

ANKARA: Turkey may begin oil exploration in the eastern Mediterranean within three or four months under a deal it signed with Libya that was condemned by others in the region including Greece, Energy Minister Fatih Donmez said on Friday. Libya’s internationally-recognized Government of National Accord (GNA) signed the maritime delimitation deal last year. Turkey says it

29 May 15:48 Arab News 8912634263194854798.html
Volkswagen says it will have full control of JAC-VW Chinese venture

29 May 15:45 2 articles

Volkswagen says it will have full control of JAC-VW Chinese venture

German automaker Volkswagen will have full management control of its JAC-VW joint venture, the company's China CEO said on Friday.

29 May 15:45 CNA 5644198863206282594.html
Volkswagen says it will have full control of JAC-VW Chinese venture

BEIJING/SHANGHAI (Reuters) - German automaker Volkswagen (VOWG_p.DE) will have full management control of its JAC-VW joint venture, the company’s China CEO said on Friday.

29 May 12:45 Reuters 8334514180381090613.html
ESAF Small Finance Bank Q4 PBT up 42% at Rs 74 cr, income rises 32%

29 May 15:26 2 articles

ESAF Small Finance Bank Q4 PBT up 42% at Rs 74 cr, income rises 32%

Full-year PBT doubles to Rs 256.26 crore from Rs 127.18 crore

29 May 15:26 Business-Standard 1502508926521345408.html
ESAF Small Finance Bank Q4 results: Net profit zooms two-folds to Rs 190 crore

The bank's advances grew 37 per cent to Rs 6,818 crore with deposit rising 63 per cent to Rs 7,028 crore.

29 May 14:18 The Economic Times 7653256036650957959.html