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South Korean Regulator Requests $4 Billion Financing to Support Troubled Credit Cooperative-thumnail

South Korean Regulator Requests $4 Billion Financing to Support Troubled Credit Cooperative

South Korea’s financial services regulator has reportedly asked major commercial banks to prepare approximately $4 billion in financing to provide support to MG Community Credit Cooperatives (MGCCC), which has been

Business

Jul 10, 2023

Big US banks report largest jump since the pandemic in loan losses-thumnail

Big US banks report largest jump since the pandemic in loan losses

As rising interest rates put increasing pressure on consumers throughout the economy, the leading US banks are expected to disclose this week the highest increase in loan losses since the start of the coronavirus outbreak.

Finance

Jul 10, 2023

The French luxury group Kering acquired Creed for €3.5 billion-thumnail

The French luxury group Kering acquired Creed for €3.5 billion

As the owner of Gucci begins a strategically significant push into the cutthroat high-end beauty market, French luxury giant Kering spent €3.5 billion to purchase the fragrance company Creed. Four

Business

Jul 10, 2023

Budget 2023: Karnataka Govt Announces Several Startup Support Programmes-thumnail

Budget 2023: Karnataka Govt Announces Several Startup Support Programmes

As part of its Budget 2023–24 announcements, the Karnataka government made a number of incentives for entrepreneurs in the state public on Friday, July 7.  Chief Minister Siddaramiah suggested spending

Economy

Jul 8, 2023

Flipkart Is Providing Loans To Clients In An Effort To Increase Sales-thumnail

Flipkart Is Providing Loans To Clients In An Effort To Increase Sales

The Walmart-owned Indian e-commerce giant Flipkart has announced that it would now provide personal loans to its clients. Customers may anticipate approval in as little as 30 seconds and amounts up to Rs 5 lakh are available with flexible payback schedules of six to 36 months.

Business

Jul 7, 2023

Taiwan’s Exports Experience Steep Decline, Prolonged Weakness in US and China Demand-thumnail

Taiwan’s Exports Experience Steep Decline, Prolonged Weakness in US and China Demand

Taiwan’s export-driven economy faced a significant setback in June, as Taiwan’s exports recorded the sharpest decline in almost 14 years. Persistent weakness in demand from major markets, including the United

Business

Jul 7, 2023

‘Loan approval in 30 seconds’: Flipkart collaborates with Axis Bank to offer personal loans to customers-thumnail

‘Loan approval in 30 seconds’: Flipkart collaborates with Axis Bank to offer personal loans to customers

Flipkart has teamed with Axis Bank to provide personal loans to its 450 million consumers, with amounts ranging from lakh to lakh and various repayment choices. Loan approval is intended to take about 30 seconds, providing customers with convenience and accessibility.

Business

Jul 7, 2023

Tomorrow, PM Modi will launch projects in Telangana worth Rs 6,100 crore-thumnail

Tomorrow, PM Modi will launch projects in Telangana worth Rs 6,100 crore

Anjani Kumar, the director general of police, met via video conference with the commissioner of Warangal and other top police officials to examine the security measures, according to a statement

Economy

Jul 7, 2023

Global Rice Prices Surge Amidst Multiple Factors-thumnail

Global Rice Prices Surge Amidst Multiple Factors

The global rice market is currently witnessing a substantial upsurge in prices, reaching its highest point in the past 11 years. This escalation can primarily be attributed to India’s decision

Economy

Jul 6, 2023

Samsung’s benefit is likely most minimal in over 14 years as chip excess continues-thumnail

Samsung’s benefit is likely most minimal in over 14 years as chip excess continues

Samsung Hardware’s June-quarter benefit is supposed to plunge 96% on-year to the most minimal for any quarter in over 14 years, as a chip excess keeps on driving huge misfortunes

Economy

Jul 6, 2023

JetBlue says it will end its alliance with America to save the Soul consolidation bargain-thumnail

JetBlue says it will end its alliance with America to save the Soul consolidation bargain

JetBlue Aviation routes, trying to safeguard an arranged $3.8 billion acquisition of Soul Carriers (NYSE: SAVE), said on Wednesday it would follow a U.S. judge’s order that it end a

Finance

Jul 6, 2023

From Chaos to Clarity: Transforming Your Payroll Process with These Steps -thumnail

From Chaos to Clarity: Transforming Your Payroll Process with These Steps 

Why Streamlining Your Payroll is Important? Efficiently streamlining processes within a company holds significant benefits, as it brings clarity to job responsibilities, accelerates processing time, and enhances adherence to regulations.

Consultant

Jul 6, 2023


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