Category: Finance

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS By Laurie Chen BEIJING (Reuters) – China’s top graft-busting body on Thursday vowed to “resolutely” crack down on corruption in the financial sector, days after a well-known Chinese dealmaker became the latest business executive to go missing without explanation. In a strongly worded commentary on its website, the Central […]

Angel investors can be pivotal figures for small businesses, considering many businesses struggle to find capital that helps them scale. Many small businesses need an initial cash infusion to kick-start their business procedures and start rolling some cash flow.  Deciding whether they are indeed good for your business will involve looking at both the pros […]

President Dr Arif Alvi on Thursday approved the Finance (Supplementary) Bill, 2023 which was passed in the National Assembly on Monday and which is crucial to unlock the next tranche of the International Monetary Fund (IMF) loan programme. In a statement, the President House said that the approval was given in accordance with Article 75 […]

Union Finance Minister Nirmala Sitharaman on Thursday met US Treasury Secretary Janet Yellen ahead of the first G20 Finance Ministers Central Banks Governors (FMCBG) meeting in Bengaluru. The two exchanged views on G20 Finance Track priorities under G20 India’s presidency in 2023. They leaders discussed their […]

BENGALURU : Indian Finance Minister Nirmala Sitharaman and U.S. Treasury Secretary Janet Yellen discussed strengthening multilateral development banks, global debt vulnerabilities and crypto assets on the sidelines of the G20 finance chiefs meeting on Thursday, the finance ministry said. Yellen is expected to brief reporters later in the day and take part in a meeting […]

IQALUIT, Nunavut — Nunavut Finance Minister Lorne Kusugak is set to table the territory’s budget for the 2023-2024 fiscal year on Thursday. This is to be the second budget the territorial government has released since the October 2021 election. IQALUIT, Nunavut — Nunavut Finance Minister Lorne Kusugak is set to table the territory’s budget for […]

By Jessica Wong Entrepreneurs have always been at the forefront of innovation. Often starting out with limited resources, they made their mark by building businesses no one else had thought about. Trying a new approach and changing the status quo of businesses have been hallmarks of entrepreneurship.   Today, we are experiencing a shift in […]

Finance Minister Enoch Godongwana has laid out a plan to lure businesses and individuals into investing in renewable energy. Solar panels now come complete with tax incentives for businesses and individuals. Picture: Pixabay JOHANNESBURG – In order to mitigate crippling load shedding, while simultaneously adhering to a low-carbon economy, tax incentives have been introduced to […]

Mr. Sandeep Divakaran joins the team as CEO, Greaves Finance Mumbai: Greaves Cotton Limited, a leading diversified engineering company, has expanded its leadership team across strategic functions by appointing Narasimha Jayakumar as CEO of Retail Business, Sandeep Divakaran as CEO of Greaves Finance, and Chandrasekar Thyagarajan as CFO of Greaves Electric Mobility. Since 2016, Greaves […]

Investment into renewables last year rose to $1.3 trillion, setting a new record high, the International Renewable Energy Agency (IRENA) said yesterday. Despite the progress, IRENA insisted that there is a need for massive increase as well as equitable distribution. IRENA, in a report, said there were clear disparities between the investment in developed and […]