B in GST
The Confederation of All India Traders (CAIT) has urged the Finance Minister Nirmala Sitharaman to defer implementation of Rule 86-B immediately which levies a mandatory payment of 1 per …
Maruti Suzuki launches India’s first multi-financier, online car financing platform in NEXA
With the launch of Smart Finance, the customers now have the option to compare loan offers from multiple financiers, customise the loan offering as per their needs and upload the documents, with just …
China announces one-year extension of tariff exemptions on some US products
China’s finance ministry on Friday announced that tariff exemptions for six products from the U.S. will be extended for another year. Among the products that will enjoy the extension are white …
Russia to allocate to Kyrgyzstan USD 20M for payment of salaries and pensions
It is specified that the Russian Government will allocate USD 20 million for gratis to cover the financial gap in Kyrgyzstan’s budget in terms of payments of salaries to public sector workers, …
People’s Leasing & Finance appoints new CEO
Sri Lanka’s leading non-bank finance sector company, People’s Leasing & Finance PLC appointed Shamindra Marcelline as its new CEO/GM with effect from 20th November 2020. The new CEO/GM Marcelline …
Reforms, currency devaluation key to stabilise Iraq’s economy: IMF
Fiscal reforms in Iraq combined with the recent devaluation of the exchange rate are “critically important steps to help reduce large external and fiscal imbalances and ensure the country’s economic …
Japan Finance Minister Welcomes UK-EU Brexit Deal
Japan welcomed a free trade agreement between Britain and the European Union that negotiators managed to secure just days before Brexit came into force, Finance Minister Taro Aso said on Friday. “It …
Top 10 richest people in India in 2020: All you need to know
In spite of the challenges faced by the industry due to the ongoing Covid-19 pandemic, the combined wealth of India’s richest people grew twice as fas …
Qatar outperforms GCC region in projects market
Qatar outperformed the Gulf Cooperation Council (GCC) region in the projects market as Doha saw a 36% year-on-year growth in projects awarded in third quarter (Q3) of 2020 against a 67% plunge in the …
Azerbaijan shares data on compensations paid to depositors of closed banks
The agent bank through 20 branches for issuing compensations for insured deposits in AGBank OJSC and NBC Bank OJSC is International Bank of Azerbaijan OJSC (IBA). Payments to clients of these …