GST on transportation services – navigating through turbulent waters
This resulted in taxing the transportation of export cargo by the Indian transporters / freight forwarders, liable to Integrated GST (IGST). This created a lot of buzz amongst the exporters as well as the Indian transporters /freight forwarders. Consequently, owing to the hardships faced, various associations and trade bodies filed representations before the Government against […]
UK-India trade has potential to double by 2030, says British Deputy High Commissioner
Iyer who is also UK’s Deputy Trade Commissioner for South Asia spoke in detail to PTI on Friday about the trade and investments between the UK and India and said there was potential to double the business by 2030. He was in the state to take part in various official engagements, including a meeting with […]
Warren Buffett’s latest insights on investing to help create long-term wealth
Buybacks are crucial for shareholders. If done correctly, a buyback minimizes overall equity capital, increasing others’ stake in the company. But if the buyback is not done at the right price, it does not become value accretive for the shareholders and benefits only those who exited from the company.
Fears of financial contagion could keep gold near record highs
Banking sector fears continue to haunt risky assets. In the latest moves, Deutsche Bank AG shares slumped on Friday and the German lender’s credit-default swaps surged amid wider concerns about the stability of the banking sector.
Jaipur-based Motisons Jewellers files DRHP with Sebi for IPO
Through the IPO, the company plans to raise about Rs 130 crore, of which Rs 58 crore will be used to repay loans availed by the company from scheduled commercial banks, and Rs 71 crore for funding working capital requirements, besides general corporate purposes.
These 8 top-performing debt MFs gave over 10% returns in last 3 years
ET Markets has identified top-performing debt mutual funds delivering over 10% returns in the last 3 years. These funds invest in bonds and other money market instruments, which generate steady income in the form of dividends.
Bank chaos tests traders’ nerves and rewards those doing nothing
The S&P 500 just capped its second straight up week, and while Treasuries have dealt body blows to short sellers, holding on through the worst volatility in four decades would’ve reaped sizable profits.