India’s fiscal pain continues to get worse. Fiscal deficit had soared to seven-year high of 4.6 per cent of GDP in 2019-20, mainly on account of poor revenue realisation which dipped further towards …
Loan restructuring for India Inc on cards, says Finance Minister
A stressed India Inc can look forward to some relief on the credit front as Finance Minister Niramla Sitharaman on Friday indicated work is in progress on loan structuring. “The Finance Ministry is …
China says to penalise Luckin Coffee for accounting fraud
Chinese regulators said they would penalise Luckin Coffee after confirming accounting fraud that has already forced the company to delist from the U.S. Nasdaq exchange. The Ministry of Finance, which …
China turns to construction to cure economic woes
At a cavernous factory in the Chinese city of Xuzhou, 100 new workers have just been hired to produce giant construction cranes. Nearby, at another sprawling factory, employees toil until midnight to …
MGM Resorts Turns to Loss, but Business Fundamentals ‘Remain Intact’
MGM Resorts International (NYSE:MGM) missed Wall Street estimates on the top line, in the second-quarter results it released yesterday, but beat on the bottom as the losses the casino operator …
Taiwan Economy Unexpectedly Shrinks In Q2
Taiwan’s economy unexpectedly shrank in the second quarter after growth in the first three months of the year as demand deteriorated …
Government to help restaurant business maintain jobs
YEREVAN, JULY 31, ARMENPRESS. Prime Minister of Armenia Nikol Pashinyan received representatives of the restaurant business, ARMENPRESS was informed from the press service of the Prime Minister’s …
Cobb’s State Court Clerk Named First GA Clerk Of Business Court
Cobb’s State Court Clerk is leaving to become the first clerk of the new statewide business court. Angie Davis was confirmed by the state House and Senate Judiciary committees Tuesday following her …
SEC charges former Georgia regent Dean Alford with defrauding investors
The SEC says Alford defrauded at least 100 investors in his now-bankrupt energy development company, Allied Energy Services LLC …
Italian ‘ProBusiness’ delivers on tender in Turkmenistan, looks to do business further
President Ilham Aliyev approves funding for construction of new schools in Gabala, Gobustan, Shaki Politics 12:22 Azerbaijani president allocates funds for construction of …