[ad_1] The pace of recruitment in India will continue to be strong with more sectors other than IT in the coming quarters of the year. Apart from IT companies, which have been on a strong recruitment spree over the past two years, there are signs of positive growth in banking, financial services and insurance (BFSI), […]
MSP: MSP hikes marginally amid inflation concerns
[ad_1] The government on Wednesday announced a 5-9% increase in the minimum support price (MSP) for summer sown crops in the 2022-23 season. These rates, the highest since 2018-19, were still lower than expected, due to a large increase in the prices of various agricultural inputs – from seeds and fertilizers to electricity and transport. […]
Linking Credit Cards with UPI to Get Higher Acceptance
[ad_1] The Reserve Bank of India said that it will allow the linking of credit cards with the UPI platform. The central bank said that only RuPay credit cards will be linked to the UPI platform in the initial phase. The move will enhance the credit card acceptance infrastructure as merchants can accept credit cards […]
Yes Bank begins the process of exit from the reconstruction scheme
[ad_1] Yes Bank On Wednesday it said it had begun the process of creating a new board as it spun out of the reconstruction plan designed to protect the bank in 2020. The proposal for constitution of a new board will be placed before the shareholders of the bank on its 18th day. Annual General […]
RBI retains FY23 GDP growth forecast at 7.2%
[ad_1] reserve Bank of India (reserve Bank of India) on Wednesday kept its FY23 real economic growth forecast for the country unchanged at 7.2%, indicating that the risks are more or less evenly balanced since the April forecast. It now projects real GDP growth in Q1 at 16.2%; Q2 at 6.2%; Q3 at 4.1%; And […]
US Stocks: Dow Falls as S&P 500, Intel Slide
[ad_1] The Dow and the S&P 500 indexes slid in choppy trading on Wednesday, after a bearish brokerage report dented Intel shares, while the Nasdaq gained gains in Tesla and Apple. Eight of the 11 major S&P sectors were lower, with industry, real estate and consumer staples down between 0.7% and 0.9%, respectively.Intel fell 3.8% […]
Global Markets: Stocks fluctuate as prices on rate fears, yields rise
[ad_1] European stocks tumbled and US stocks tumbled on Wednesday as outlook for rate hikes weighed on sentiment, while bond yields rose after beating expectations for the euro area’s GDP, the more hawkish European Central Bank. added bets. Trading was choppy as investors await Thursday’s ECB meeting and Friday’s US consumer price data will highlight […]
Tick-tock in budget watch…
[ad_1] Democrats continue to negotiate the budget bill. However, still no deal in sight talk on Between Senate Democratic Leader Chuck Schumer and holdout aide Joe Manchin, who says fighting inflation is his top priority now. Presence Reports that “the passage of time may not increase” [fellow holdout Kyrsten] Cinema’s affinity for Bill.” While Munchkin […]
Public sector bank employees threaten to go on strike on June 27
[ad_1] Employees of public sector banks on Wednesday threatened to go on strike on June 27 to press for pension-related issues and their demand for five days’ work. An umbrella body of nine bank unions including United Forum of Bank Unions (UFBU), All India Bank Officers’ Confederation (AIBOC), All India Bank Employees Association (AIBEA) and […]
A Problematic Crypto Tax Break Introduced in the Senate
[ad_1] Censors Cynthia Lumis (R-WY) and Kirsten Gillibrand (D-NY) unveiled today cryptocurrency law Which seeks to provide regulatory clarity on a range of issues, including taxes. But it also comes as a surprise to those who are not following the drafting process. Simply put, their bill will create a huge tax avoidance opportunity for those […]