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650% Surge: Multibagger Stock Declares 1:1 Bonus.

Extra offers 2023: Thangamayil Gems shares are one of the multibagger stocks that Indian financial exchange has delivered in ongoing year. The little cap stock has areas of strength for given in post-Coronavirus bounce back. In most recent three years, this little cap gems stock has ascended from around ₹225 to ₹1655 each levels, conveying […]

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Financial News
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Non-Taxable Income! Charge isn’t relevant to these 5 income

The Annual Duty Division in India charges no assessment on pay acquired through specific means. Notwithstanding, it relies upon different circumstances and cutoff points. Since an opportunity to record personal assessment form is approaching, you really should know this. Non-available pay: Each annual citizen generally searches for ways of saving personal duty. For this, he […]

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Economy News

Explainer-What India’s Decision to Scrap Its 2000-Rupee Note Means For its Economy

India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have been asked to deposit or exchange these notes by Sept. 30, 2023. The decision is reminiscent of a shock move in 2016 when the […]

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META
Economy News

Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales

Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the “Year of Efficiency.” The parent of Instagram and Facebook (NASDAQ:META), which has fallen on hard times amid a broad post-pandemic slump in digital ads, is focused on improving […]

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South Korea
Economy News

South Korea Dec Factory Activity Weakens on Demand Slump, Trucker Strike – PMI

South Korea’s factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the global economic downturn and a local truckers’ strike led to the worst slump in demand in 2-1/2 years. The S&P Global (NYSE:SPGI) purchasing managers’ index (PMI) for South Korea manufacturers fell to a seasonally-adjusted 48.2 […]

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Indonesia
Economy News

Indonesia Issues Emergency Regulation to Replace Controversial Job Creation Law

Indonesia’s President Joko Widodo has signed an emergency regulation to replace the controversial job creation law, his chief economics minister said on Friday, a law that the Constitutional Court had ruled was flawed in 2021.  Airlangga Hartarto said the move was to ensure legal certainty and achieve the government’s investment target amid global geopolitical tension.  […]

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Economy News

Oil prices and financial markets brace for recession

U.S. economic data remains strong but a range of financial indicators point to a sharp slowdown over the next year that would dampen oil consumption and lead to lower prices. The apparent contradiction between the real economy and financial markets has puzzled some commentators but is normal around a peak in the business cycle. Economic […]

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Food and Agriculture Organization's (FAO)
Economy News

After India’s export ban and the conflict in Ukraine, global wheat prices have risen

Wheat prices have risen on international markets following India’s announcement of a restriction on exports of the basic commodity, as well as lower production prospects in Ukraine following Russia’s invasion, according to the UN food agency. In May 2022, the Food and Agriculture Organization’s (FAO) Price Index averaged 157.4 points, down 0.6% from April. However, […]

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coal imports
Economy News

India has set the end of June as its target for coal imports

According to a power ministry letter, India has requested state and private sector utilities to assure delivery of 19 million tonnes of coal from overseas by the end of June, indicating a need to secure supply in an expensive market amid rising outages. The action, which is the first time the world’s second largest coal […]

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Finance Ministry
Economy News

Finance Ministry: GST dues to states total Rs 79,000 crore for FY22:

The Union finance ministry announced on Wednesday that the States owed Rs 78,704 crore in compensation in lieu of goods and services tax (GST) for the financial year 2021-22 (FY22), which is equivalent to four months’ compensation. It also said that all dues for FY21 had been paid. It has so far disbursed Rs 7.35 […]

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