Tag: billion

Cutting through misinformation about the IRS’s plan to spend $80 billion

[ad_1] Understanding how the Inflation Reduction Act (IRA) will affect the operations of the Internal Revenue Service requires wading through the quagmire of misinformation, misinformation, and no information. But to cut down most of the political noise, here are the facts we do know and some important questions about how the IRS will spend the […]

If the IRS Gets $80 Billion, Will Its Agents Come Gunning for You?

[ad_1] With the nearly certain enactment of the Inflation Reduction Act, the Internal Revenue Service is on track to receive an additional $80 billion in funding over the next decade. Now it is up to the administration, IRS and Congress not to miss this opportunity to bring the primary tax collector of the country to […]

Kotak Mahindra Bank Stock: 5 Reasons Goldman Sachs Thinks Kotak Could Be a $100 Billion Bank in the Next 4 Years

[ad_1] New Delhi: The private sector lender, which has underperformed Nifty Bank in the last two years, could grow up to 26 per cent in the next one year and also have a market capitalization of $100 billion in the next four years, said a foreign brokerage firm. Goldman Sachs said in a report. “we […]

China and India give $24 billion in aid to Putin in energy race

[ad_1] Russia has earned $24 billion from selling energy to China And India only three months after the invasion of UkraineIt shows how high global prices are limiting efforts by the US and Europe to punish the president Vladimir Putin, China spent $18.9 billion on Russian oil, gas and coal in the three months to […]

IMF: Hard currency growth in India’s forex reserves limited to just $4 billion in FY12

[ad_1] India added $ 47.5 billion to this foreign exchange reserves Last fiscal year, down almost half of the previous year. But a drill down of the data shows that about $26 billion of those incremental reserves were due for approval. special Drawing Rights From International Monetary Fund and revaluation of gold reserves. Only $4 […]

FPI News: FPIs withdraw record $39 billion in nine months

[ad_1] FPIs are deploying funds to commodity producers while selling their stake in commodity-consumer economies. essence FPI outflows hit a record high, driven by valuation inconvenience and India’s high macroeconomic sensitivity to crude. They have been net sellers in Asia’s third-largest economy for nine consecutive months, the longest period in more than a decade. So […]

LIC IPO: $17 billion loss puts LIC IPO among top money losers in Asia

[ad_1] A massive $17 billion drop in market value has made Life Insurance Corporation of India one of the biggest wealth destroyers in Asia’s initial public offerings this year. India’s biggest IPO of all time ranks second in terms of loss of market capitalization since listing, after a 29% drop since the beginning of May […]

Forex reserves rose by $3.854 billion to $601.363 billion

[ad_1] Just a month after slipping below the Reserve Bank’s comfort level, India’s forex reserves again hit the $600 billion mark. an increase of $3.6 billion in forex asset Assisted in expanding the total stock of reserves billed as a cushion against global economic odds. foreign exchange reserves for the week ended May 27 were […]

Electronics trade deficit reaches record $56 billion in FY12

[ad_1] The trade deficit in electronics widened to a record $56 billion in fiscal 2012, as both imports and exports hit fresh peaks, adding to the pressure on the country’s current account at a time when rising oil prices had already hit the import bill. is extended. After oil and petroleum products, electronics remains the […]

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