• Mon, December 2, 2024

by: Bill Williamson

Thai Finance Minister says room for rate cut as inflation is low

There is room for a rate cut in Thailand as inflation is low, the finance minister said on Tuesday as he reiterated his call for monetary and fiscal policy to work together to support the economy. Fin

by: Bill Williamson

Partnership of promise

China and Peru have great potential for collaborating on green technology and climate finance.

by: Bill Williamson

Art Cashin, Wall Street veteran and CNBC regular, dies at age 83

Art Cashin, a renowned market pundit and the UBS director of floor operations at the New York Stock Exchange, has died at the age of 83, UBS said.

by: Bill Williamson

The Bill Gates Foundation Bought 1,000,000 Shares Each Of Two Stocks In Q3 2024 And They're Both In The Same Sector - Why?

Since leaving his post as Microsoft CEO in 2000, Bill Gates has become one of the world's most visible philanthropists. He does most of his charitable giving through the Bill and Melinda Gates Foundation,

by: Bill Williamson

LinkedIn Has A Few AI Features For Users To Try (And Here's How To Use Them)

LinkedIn offers benefits for paying for its Premium features, but are they really worth it? We took a look at the new AI tools on the platform.

by: Bill Williamson

South Africa is the perfect destination for outsourcing software development

by: Bill Williamson

Brokerage Radar: Jefferies bullish on Global Health, HSBC says 'Buy' to Bajaj Finance

Check out the latest brokerage calls and analyst comments on the stocks in action today. Our coverage includes M&M, Bajaj Finance, Gujarat Gas and more.

by: Bill Williamson

Robert Kiyosaki: 8 Assets To Get You So Rich You Can Quit Your Job Forever

In the realm of personal finance, Robert Kiyosaki stands as a beacon of unconventional wisdom, challenging traditional notions of wealth accumulation, get-rich tactics and financial freedom.

by: Bill Williamson

'Shark Tank' stars, AI investor and 'anti-woke' fund to take stage in Palm Beach County

The goal is investment and finance at Palm Beach County events. But there will be a political backdrop nonetheless.

by: Bill Williamson

Will County Board elects Democratic speaker, replaces Steve Balich as Republican leader

The Will County Board selected Sherry Williams of Crest Hill as Democratic leader and Jim Richmond of Mokena as Republican leader.

by: Bill Williamson

JPMorgan's investment banking chair departs, memo says

Wall Street giant JPMorgan Chase's global chair of investment banking Jennifer Nason is set to leave the bank early next year after almost four decades, according to an internal memo seen by Reuters on Monday.

by: Bill Williamson

This Interior Department senior executive has done it all when it comes to money

by: Bill Williamson

America's biggest private company is laying off thousands of workers

Cargill, the megasized Minnesota-based food production giant, is laying off about 5% of its global workforce as food commodity prices drop.

by: Bill Williamson

Insurance cost to drop if GST Council lowers taxes: Finance Minister

  • Tue, December 3, 2024

by: Bill Williamson

Dentsply Sirona Appoints Herman V. Cueto Interim Chief Financial Officer

by: Bill Williamson

Montage Health appoints Michael McDermott as new president and CEO

Montage Health, a nonprofit healthcare organisation, has appointed Dr Michael McDermott as its next president and CEO, effective the second quarter of 2025. The transition comes as Dr Steven Packer prepares for retirement after a 25-year tenure leading Montage Health and the Community Hospital of the Monterey Peninsula in the same roles.

by: Bill Williamson

Comment: Our future depends on biodiversity, we must invest in it urgently

Nature is our life support system, providing water, food, clean air and shelter, and biodiversity plays an important role in ensuring ecosystems remain healthy and resilient. But human activity - from deforestation and pollution to the exploitation of nature - has led to significant biodiversity loss.

by: Bill Williamson

Canada's Scotiabank misses profit estimates on higher taxes, expenses

Bank of Nova Scotia missed analysts' estimates for quarterly profit on Tuesday, hurt by higher taxes and elevated expenses related to compensation and technology.

by: Bill Williamson

Trade finance fintech Modifi to invest more in Indian operations

by: Bill Williamson

Karnataka HC quashes electoral bonds case against Nirmala Sitharaman, former state BJP chief Kateel

Justice M Nagaprasanna passed the order while allowing the petition filed by Kateel. The FIR was registered by the Bengaluru police based on a complaint lodged by Adarsh R Iyer, a city-based activist.

by: Bill Williamson

PNB Housing Finance to start Loan Against Property from April 2025, says MD & CEO Girish Kousgi

by: Bill Williamson

Finance adviser confirms $1.1b IMF loan release by March

by: Bill Williamson

Crowell & Moring named "Banking & Finance Team of The Year" in LexisNexis Qatar Business Law Forum Awards

by: Bill Williamson

First Rail pursues 'clean core' SAP S/4HANA implementation

One of the UK's largest rail operators, First Rail, has completed its migration away from SAP ECC to S/4HANA private cloud. It took an 'adopt not adapt' approach to the implementation.

by: Bill Williamson

HELB, National Treasury Advertise Top Managerial Job Openings for Kenyans, Monthly Salary

The Higher Education Loans Board (HELB) and the National Treasury invited applicants for the position of Chief Executive Officer and Director General, respectively.

by: Bill Williamson

Average Net Worth by Age: How Do You Measure Up?

Have you surpassed the average net worth of your peers? Get tips from financial advisers on how to grow you wealth over time.

by: Bill Williamson

Pat Gelsinger and Carlos Tavares had the same big problem: Morning Brief

So far, 2024 is pacing to have a record number of CEOs out of a job. This week, two big ones — from Intel and Stellantis — illustrated a key point: It's hard to keep your job when your stock is down big.

by: Bill Williamson

Palestinians File German Complaint on Media Giant Axel Springer's Business in Israeli Settlements

German media giant Axel Springer is facing regulatory complaint by Palestinians about its business in Israeli settlements in the West Bank.

by: Bill Williamson

30 Under 30 Finance 2025: From Fintech's Top Founders To Wall Street's Best Dealmakers

These entrepreneurs, traders and investors are making an outsized impact in fintech, crypto and traditional financial services.

by: Bill Williamson

Qatar-Kazakhstan investment projects exceed $20bln

by: Bill Williamson

Google Worried Israeli Contract Could Enable Human Rights Violations

The tech giant, which has defended the deal to employees who oppose supplying Israel's military with technology, feared the project might damage its reputation.

by: Bill Williamson

EPFO claim rejected or 'returned': Know why and how to fix errors

Correct deficiencies: For returned claims, EPFO will indicate the errors or missing information. These could include incorrect details, missing documents, or discrepancies in personal information. Make necessary corrections by updating your details, documents, or any required information through the EPFO portal.

by: Bill Williamson

GDP declines by 0.3% in third quarter

South Africa's economy has unexpectedly shrunk by 0.3 percent in the third quarter. Agriculture, forestry and fishing industries decreased by 28.8 percent. The transport, storage and communication industry also decreased by 1.

by: Bill Williamson

Will Luxury & Sin Goods See A Tax Hike In December, 35% GST On Tobacco, Aerated Drinks?

The Group of Ministers (GoM) on Rate Rationalisation, has proposed a "different tax treatment" for sin goods such as cigarettes, tobacco, and pan masala, according to finance ministry sources. Sources Say GoM proposes a hike in GST on aerated drinks,

by: Bill Williamson

Be the Future: Malaysia's First Philosophy, Politics & Economics Degree

As the world becomes increasingly interconnected, future leaders must tackle complex challenges in geopolitics, economics, and ethics with a multidisciplinary mindset.

by: Bill Williamson

Stellantis considers Picat and Filosa for CEO, says source

The board of Stellantis is considering its head of North American operations, Antonio Filosa, and procurement chief Maxime Picat as internal candidates for the CEO position, a source close to the matter said on Monday.

by: Bill Williamson

Jack Nathan Health Closes Sale of Canadian Business and Positions for Global Growth

by: Bill Williamson

France faces 'moment of truth' with government on brink of collapse

PRIME Minister Michel Barnier warned that France has reached its "moment of truth," as far-right leader Marine Le Pen is set to join a left-wing coalition to topple his government as soon as this week.

by: Bill Williamson

Lighthouse Canton Releases Venture Debt Report, Highlighting Growth of Non-Dilutive Financing for Startups in India

Lighthouse Canton has released an in-depth report titled "Silent Bloom: Venture Debt's Growing Influence." on India's startup ecosystem and its venture debt funding landscape. The global investment institution's report highlights the growing importance of venture debt as a financing tool in India's startup ecosystem.

by: Bill Williamson

REITs in India: 24% returns and 60% of office space ready for investment

Embassy REIT, Mindspace REIT, Brookfield India REIT, and Nexus Select Trust REIT generated returns of 24%, 18%, 6%, and 39% respectively since their inception

by: Bill Williamson

Upper Crust owner SSP posts 23% rise in annual profit

by: Bill Williamson

Egypt's non-banking finance hit $13bln in 9 months: FRA

by: Bill Williamson

Indonesia offers six oil and gas blocks in second 2024 auction

by: Bill Williamson

Buy 'Magnificent Seven' on Corrections, NYU's Damodaran Says

The "Magnificent Seven" stocks are a buy during corrections as most of them will keep generating money, according to a New York University professor known for his expertise on valuations.

by: Bill Williamson

Commonwealth bank announces major changes to everyday accounts and additional cash withdrawal fees

Commonwealth bank customers will now be subject to a $3 fee when withdrawing their cash with major new changes approaching in the new year. Customers of Commonwealth Bank Australia will now be subject to a $3 fee when simply withdrawing cash.

by: Bill Williamson

Will RBI announce a rate cut? MPC meet date, time, and what to expect

The December MPC will convene from 4 to 6 December, with the decisions announced live by Governor Shaktikanta Das at 10 AM on December 6. The announcement can be streamed live on the RBI's YouTube, Facebook, and X platforms. Updates will also be available on the Business Standard website and social media platforms.

by: Bill Williamson

Prosus invests $100 million in Vastu Housing Finance, acquires minority stake

by: Bill Williamson

Exclusive: Netflix star Ryan Serhant raises $45 million to disrupt the real estate brokerage business

The reality TV personality is starting his next act as a tech entrepreneur with backing from Camber Creek and Left Lane Capital.

Insurance cost to drop if GST Council lowers taxes: Finance Minister

Finance Minister Nirmala Sitharaman today said the cost of insurance would come down if the GST (Goods & Services Tax) Council recommended a reduction in the GST rate on health and life insurance policies.
The article from Tribune India discusses Finance Minister Nirmala Sitharaman's comments on the potential reduction of insurance costs if the GST Council decides to lower the taxes on insurance products. Currently, insurance products are taxed at 18% under GST, which is considered high and impacts the affordability of insurance for the common person. Sitharaman highlighted that a reduction in GST rates could make insurance more accessible, thereby increasing insurance penetration in India. She made these remarks during a review meeting of the Department of Financial Services, emphasizing the need for insurance to be within reach of the average citizen to enhance financial inclusion. The article also notes that the insurance industry has been advocating for a reduction in GST rates to boost demand for insurance products.

Read the Full The Tribune Article at:
https://www.tribuneindia.com/news/business/insurance-cost-to-drop-if-gst-council-lowers-taxes-finance-minister/

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