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Tag: Finance
Inflation Rate Expected to Ease-thumnail

Inflation Rate Expected to Ease

The Monetary Policy Committee (MPC) has maintained its economic growth projections for the 2023-24 financial year at 6.5%. While the first two quarters are expected to deliver slightly more growth,

Business

Jun 8, 2023

IKIO Lighting IPO Receives Substantial Investor Interest, Oversubscribed 3.61 Times-thumnail

IKIO Lighting IPO Receives Substantial Investor Interest, Oversubscribed 3.61 Times

IKIO Lighting’s IPO generates buzz, oversubscribed 3.61 times, with strong investor demand. LED solutions provider seeks to raise Rs 350 crore for debt repayment, new facility setup, and corporate purposes. A diverse customer base and integrated manufacturing infrastructure contribute to investor enthusiasm.

Finance

Jun 7, 2023

Bank of Korea (BOK) Prioritizes Dollar Liquidity Over Gold Holdings for Foreign Exchange Reserves-thumnail

Bank of Korea (BOK) Prioritizes Dollar Liquidity Over Gold Holdings for Foreign Exchange Reserves

In a recent statement, the Bank of Korea (BOK) expressed its preference for maintaining dollar liquidity rather than increasing its gold holdings for foreign exchange reserves. The BOK’s Reserve Management Group highlighted the need for a cautious approach in determining the gold-to-reserves ratio, citing various factors influencing their decision.

Finance

Jun 6, 2023

Embassy Office Parks REIT Secures Interest Savings Through NCDs-thumnail

Embassy Office Parks REIT Secures Interest Savings Through NCDs

Embassy Office Parks REIT, India’s first listed Real Estate Investment Trust (REIT), recently announced its successful debt raise of Rs 1,050 crore through non-convertible debentures (NCDs). This campaign is being held in order to refinance bank loans whose interest rates are about to reset.

Finance

Jun 5, 2023

US Senate Approves Fiscal Deal, Averts Debt Default Threat-thumnail

US Senate Approves Fiscal Deal, Averts Debt Default Threat

The agreement extends the US borrowing limit until 2025 and imposes new restrictions on government spending for the next two years. This introduces greater fiscal policy constraints in the United

Finance

Jun 2, 2023

Understanding the Indian Tax System for Businesses-thumnail

Understanding the Indian Tax System for Businesses

Introduction to the Indian Tax System for Businesses:  The Tax system of India is as complex and complicated as the legal laws of the country. This is a multi-layered system

Business

May 31, 2023

Startups in stock brokerage Groww and Upstox are looking into lending and payments to broaden their revenue stream-thumnail

Startups in stock brokerage Groww and Upstox are looking into lending and payments to broaden their revenue stream

Growing their credit operations are Groww and Upstox, two significant challenger brands in the broking industry, according to sources. The ultimate goal is to keep clients who come to the

Finance

May 31, 2023

The Impact of Interest Rates on Business Financing: How to Prepare for Changes-thumnail

The Impact of Interest Rates on Business Financing: How to Prepare for Changes

The amounts that the lender charges the borrower over and above the principal amount are known as the interest rates and the Impact of Interest Rates on Business Financing is

Business

May 30, 2023

Meet Vijay Kashyap Jha- The expert financial advisor helping businesses thrive in productivity -thumnail

Meet Vijay Kashyap Jha- The expert financial advisor helping businesses thrive in productivity 

The intricate details of wealth management are not for the faint heart. It demands countless calculated decisions and an eye for detail. Finance is one of the most, if not

Business

May 24, 2023

Fujitsu General’s $1.1 Billion Stake Deal Is Said to Slow Down-thumnail

Fujitsu General’s $1.1 Billion Stake Deal Is Said to Slow Down

The offer of Fujitsu Ltd. greater part of the stake in its climate control system-producing unit has slowed down as the bidders have been not able to settle on a

Business

May 19, 2023

Former Silicon Valley Bank CEO Greg Becker defends his remuneration and won’t give up $10 million-thumnail

Former Silicon Valley Bank CEO Greg Becker defends his remuneration and won’t give up $10 million

Due to his refusal to agree to forfeit any of the $10 million per year he got from the defunct lender, the former Silicon Valley Bank CEO is under criticism

Finance

May 17, 2023

After the windfall tax was reduced to zero, oil and gas stocks held stable; top gainers were Indian Oil, ONGC, and GAIL as well as Adani. 5% overall dips-thumnail

After the windfall tax was reduced to zero, oil and gas stocks held stable; top gainers were Indian Oil, ONGC, and GAIL as well as Adani. 5% overall dips

After the government reduced the windfall tax rates to zero on Tuesday, the price of oil and gas indices moved steadily.  The biggest gainers in this industry were Adani Total

Business

May 16, 2023


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