business news

New GST e-invoicing changes you need to be aware of; Details inside

admin

The e-invoicing system under GST was implemented in October 2020 for taxpayers with an aggregate turnover exceeding Rs 500 crore. ...

These are D.A. Davidson’s favorite stocks for the fourth quarter

admin

D.A. Davidson listed its favorite long-term plays, giving investors a way to stick it out as markets face a tough ...

FSSAI asks food vendors, consumers not to use newspapers for food packaging: Check health risks involved

admin

Food standard regulator Food Safety and Standards Authority of India (FSSAI) has asked food vendors and consumers to immediately stop ...

A recession is coming and investors should be defensive, TCW CEO says

admin

A recession is all but inevitable for the U.S. and investors should be playing defense in that kind of environment, ...

FMCG maker Emami acquires 26% stake in Axiom Ayurveda

admin

Homegrown FMCG maker Emami on Thursday announced the acquisition of a 26 per cent stake in Axiom Ayurveda, which markets ...

China’s chip equipment firms see revenue surge as Beijing seeks semiconductor self-reliance

admin

A Chinese flag is displayed next to a “Made in China” sign seen on a printed circuit board with semiconductor ...

German GDP expected to contract by 0.6% this year, economic institutes say

admin

Five economic institutes are predicting gross domestic product (GDP) in Germany will contract by 0.6 per cent in 2023, as ...

EV makers such as Tesla could fall under Europe’s subsidy probe into China, EU’s trade chief says

admin

Executive Vice President and European Commissioner for Trade Valdis Dombrovskis. Pedro Pardo | Afp | Getty Images Non-Chinese brands of ...

Oil prices surge to highest level in more than a year

admin

The RN-Tuapsinsky refinery operated by Rosneft Oil Co. in Tuapse, Russia. Andrey Rudakov | Bloomberg | Getty Images Oil prices ...

Gold and Silver price today (September 28, 2023): Precious metals trade lower amid firm dollar

admin

Gold and Silver price today (September 28, 2023): Precious metal futures traded lower on Thursday amid strong US yields and firm dollar. Gold held Rs ...

123141 Next

New GST e-invoicing changes you need to be aware of; Details inside

The e-invoicing system under GST was implemented in October 2020 for taxpayers with an aggregate turnover exceeding Rs 500 crore. Later, this was extended to businesses with turnover exceeding Rs 100 crore from January 2021. Earlier this year when companies with B2B transactions of Rs 5 crore were also mandated to produce an electronic invoice. ...
Read more

These are D.A. Davidson’s favorite stocks for the fourth quarter

D.A. Davidson listed its favorite long-term plays, giving investors a way to stick it out as markets face a tough month and quarter. Equities have dropped in recent months as investors worry about the possibility — and impact — of persistent interest rate hikes. As of Wednesday’s close, the S & P 500 is slated ...
Read more

FSSAI asks food vendors, consumers not to use newspapers for food packaging: Check health risks involved

Food standard regulator Food Safety and Standards Authority of India (FSSAI) has asked food vendors and consumers to immediately stop using newspapers for packing, serving and storage of food items citing significant health risks. According to FSSAI, it is closely collaborating with state food authorities to monitor and implement regulations in this area. FSSAI Chief Executive ...
Read more

A recession is coming and investors should be defensive, TCW CEO says

A recession is all but inevitable for the U.S. and investors should be playing defense in that kind of environment, according to the head of the TCW Group. “We are going to have a recession, because that’s the way the world works,” Katie Koch, CEO of the firm with $210 billion under management, said Thursday ...
Read more

FMCG maker Emami acquires 26% stake in Axiom Ayurveda

Homegrown FMCG maker Emami on Thursday announced the acquisition of a 26 per cent stake in Axiom Ayurveda, which markets beverage products under the brand ‘AloFrut’, for an undisclosed amount, paving its entry into the juices segment. Through this strategic investment, the Kolkata-based leading personal care and healthcare maker has entered into the packed juice ...
Read more

China’s chip equipment firms see revenue surge as Beijing seeks semiconductor self-reliance

A Chinese flag is displayed next to a “Made in China” sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023.  Florence Lo | Reuters Revenue from China’s top chip equipment makers surged in the first half of the year, research released Thursday showed, as Beijing continues ...
Read more

German GDP expected to contract by 0.6% this year, economic institutes say

Five economic institutes are predicting gross domestic product (GDP) in Germany will contract by 0.6 per cent in 2023, as rising interest rates take their toll on the economy and high inflation depresses consumption. Growth of 0.3 per cent had been expected in the institutes’ spring forecast. The forecast confirms the numbers Reuters previously reported ...
Read more

EV makers such as Tesla could fall under Europe’s subsidy probe into China, EU’s trade chief says

Executive Vice President and European Commissioner for Trade Valdis Dombrovskis. Pedro Pardo | Afp | Getty Images Non-Chinese brands of electric cars, such as Tesla and BMW, could be examined as part of an ongoing subsidy investigation on China that the European Union kicked off earlier this month. “There’s a  lot of speculation, but at ...
Read more

Oil prices surge to highest level in more than a year

The RN-Tuapsinsky refinery operated by Rosneft Oil Co. in Tuapse, Russia. Andrey Rudakov | Bloomberg | Getty Images Oil prices surged to their highest level in over a year during Asian trading hours, after crude stocks at a key storage hub fell to their lowest since July last year. Crude inventories in Cushing, Oklahoma fell ...
Read more

Gold and Silver price today (September 28, 2023): Precious metals trade lower amid firm dollar

Gold and Silver price today (September 28, 2023): Precious metal futures traded lower on Thursday amid strong US yields and firm dollar. Gold held Rs 57,500 level and Silver hovered near Rs 70,500.  Last seen, MCX gold futures (Oct 5) were down Rs 85 or 0.15 per cent at Rs 57,587 per 10 grams at the last count, having traded between Rs 58,573 and Rs 58,647 earlier in the ...
Read more
123141 Next