[ad_1] According to recent news Report, Congressional Democrats are considering watered-down versions of two of last year’s measures Build Back Better Act, The alternative minimum tax on global book income of large corporations would allow a deduction for current investment expenditures, and the global intangible low-income (GILTI) reform would continue to allow for cross-country pooling […]
SIP Investing: ETMarkets Mid-Year Survey: Bear Runs Weak Hands From D-St; SIP investors hold fort for now
[ad_1] New Delhi: Recently, many investors, who single-handedly took a plunge in the stock market, probably bore the brunt of their first correction in the market. Analysts in ETMarkets’ mid-year survey said some of these investors would definitely be shaken up and may refrain from investing more in equities for now, in retail inflows. mutual […]
Adani Green: Bonds of Tata Motors, Adani Green sink as India’s debt sinks due to weak rupee
[ad_1] Jaguar-owner and mining giant Resources Ltd’s debt suffered the biggest fall on record last week, among a handful of Indian companies whose bonds fell to record lows of the rupee. In addition to those two dollar notes maturing in 2024, Energy’s forex bonds fell the most since March, while GMR Hyderabad 2026 debt also […]
Weak rupee burdened by heavy foreign debt
[ad_1] The global economic crisis has begun to take a toll on the Indian industry’s balance sheet, owing to the depreciating rupee. While a weaker rupee may bring cheer to export-oriented sectors such as IT and textiles, it has increased foreign exchange liabilities of Indian companies. The accounting rules, called AS-11 provisions, make it mandatory […]