• Sun, December 8, 2024

by: Business Line

IRDAI, DFS support proposal for lowering GST on health policies for senior citizens, micro-insurance and term insurance policies

by: The Daily Star

MTB releases annual sustainability report for 10th year

Mutual Trust Bank PLC (MTB) released its "10th Annual Sustainability Report for 2023", styled "A Decade of Sustainable Commitment", in line with the Global Reporting Initiative (GRI) standards, at its head office in the capital's Banglamotor recently.

by: Yahoo

Where to find public parking on NSB's Flagler Avenue? Here are some options

Finding a spot to park near the popular beachside business district can be a challenge. Here are some public parking options.

by: Forbes

VAT In Europe: Key Reforms And Changes Coming In 2025

Europe will see many VAT changes, including new e-invoicing mandates, simplified SME schemes, flexible VAT rate policies, and updated rules for virtual events.

by: Reuters

VinFast to build second production plant in Vietnam

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

by: businesstech.co.za

A new type of mafia is targeting your bank account in South Africa

A new wave of fraud, orchestrated by international criminal syndicates, is targeting South African bank accounts.

by: Time

Cameo's CEO Steven Galanis on Rebuilding After the Pandemic and Embracing Influencers

Steven Galanis spoke with TIME about how Cameo is adapting to a post-pandemic world, artificial intelligence, and the changing nature of fame.

by: Arabian Business

Dubai Ruler Sheikh Mohammed announces new UAE Ministry of Family, government reshuffle

The changes include the establishment of the UAE Ministry of Family and the elevation of the Ministry of Community Development to become the Ministry of Community Empowerment

by: AOL

Wall Street's 2025 outlook for stocks

It's extremely difficult to predict short-term moves in the market with any accuracy. But the research, analysis, and commentary behind these forecasts can be very informative.

by: Yahoo Finance

Millions hurt by credit repair firms to share $1.8 billion in refunds

Payments to victims of Lexington Law and CreditRepair.com are the largest yet by Consumer Financial Protection Bureau.

by: Trinidad Express Newspapers

ANSA MD De Souza a new SRC chairman

ANSA Merchant Bank managing director Ian De Souza has been appointed as a Chairman of the Salaries Review Commission (SRC).

by: Daily News

Orient Finance achieves net profit of Rs. 186.39 Mn, reflecting 300.67% increase

Orient Finance PLC, for the period ended September 30, 2024, reported significant growth in key financial metrics and achieved a net

by: The West Australian

Bank deposits boom as mortgage borrowers battle - the gap widens

There are two clear groups of Australians right now - those with the cash and those without it, and the cash holders are laughing all the way to the bank.

by: MSN

12 Legit Work From Home Jobs That Pay $30 or More per Hour

If you need a good-paying work from home job, look no further! Here are 12 remote jobs that pay $30 per hour or more!

by: Business Standard

Potato supply ban sparks political tensions, price hikes in states

Amid political blame game over Bengal's ban on tuber exports, which led to shortages in Jharkhand and Odisha, Uttar Pradesh farmers are the unlikely winners

by: businessday

Mournful faces everywhere as economy bites with no respite in sight

Nigeria, Africa's largest oil producer, is reeling from a series of economic shocks exacerbated by policy decisions that, while

by: Business Standard

Centre may halt Sovereign Gold Bonds issuance from FY26 to reduce govt debt

government's fiscal burden. Now that the government has decided to sustainably bring down the debt-to-GDP ratio from FY27, there is no reason why such a scheme should be continued. It has also outlived its initial purpose of reducing physical gold imports," a senior government official said,

by: MSN

Let's Talk Business in Pueblo: Parade of Lights winners, new development programs and more

Here's what's new with Pueblo businesses this week, including PCSO K-9 teams recertifying, a new business scaling program and Pueblo Restaurant Week.

by: The West Australian

Green shoots emerging as Praemium follows the money

There is an old line that says 'patience pays a premium' when it comes to the market, and that by exerting some restraint the calm investor can gain opportunities that the bold never will.

by: Yahoo Finance

How Trump's policies could lead to a resurgence of industrial stocks: Top picks for 2025

The industrial sector is gaining confidence heading into 2025 after months of contraction, according to top business leaders and industry analysts.

by: Business Standard

Limited appetite raises questions on insurance FDI growth projections

The pace of FDI utilisation has been slow. Among private-sector non-life insurers, no company has reached the current 74 per cent threshold

by: MSN

Malvern-Based Vanguard Executive Karin Risi Retires After 27 Years of Service

Karin Risi, head of strategy, product, marketing, and communications at Malvern-based Vanguard Group, will retire at the end of the year after 27 years
  • Mon, December 9, 2024

by: Fast Company

Finance leaders discuss the challenges and opportunities reshaping the corporate world

by: The Boston Globe

Reimagining business success in Rhode Island communities

The LocalBiz Resiliency Program launches "one-stop shop" small business support cohorts in Woonsocket, Central Falls.

by: Arabian Business

Kuwait sets 2025 start for 15% corporate tax in major fiscal overhaul

The reform comes as Kuwait seeks to diversify its revenue streams beyond oil income, following similar moves by other Gulf nations to modernise their tax systems

by: NDTV

Over 250 Corporates, 8,000 Business School Students Attend IIM Mumbai's Premier Fest

AVARTAN 2024 is not only about academic knowledge but also about practical engagement with industry trends and corporate practices.

by: businesstech.co.za

Business Talk - Standard Bank's Amish Shunker and Justin Milo on South Africa's role as an intra-African trade leader

In this Business Talk with Michael Avery interview, Standard Bank's Amish Shunker and Justin Milo discuss intra-African trade and its impact on South Africa. Shunker is the Head of the Solutions Structuring Group and Head of Trade for Africa at Standard Bank CIB.

by: Mint

Why the coolest job in tech might actually be in a bank

For tech and AI talent, jobs at financial services companies are more desirable than they have ever been. Banks have been working hard to make it happen.

by: Daily Monitor

BoU banks on oil, mining inflows for stable shilling

Bank of Uganda has said increased capital inflows in mining and oil are expected to continue supporting the shilling, which has held a steady position for the better part of 2024. The shilling closed last Friday at Shs3,673.18 against the dollar, which is a strong improvement from a weak of above Shs3,800 in February.

by: Business Insider

Meet the new Trump administration staffers who will shape key US policies starting in 2025

Trump's cabinet picks so far include Matt Gaetz, Elon Musk, and Pete Hegseth. See who else he's tapped in 2024 to be part of his administration.

by: Cyprus Mail

Keve president to address economic challenges and opportunities at AGM

Cyprus Chamber of Commerce & Industry (Keve) president Stavros Stavrou is set to deliver a speech addressing key economic and business issues at the chamber's annual general meeting on Thursday. The event will be held in Nicosia and will feature a keynote address by the president Nikos Christodoulides.

by: Daily News

Tanzania's path to prosperity

Tanzania is one of the most preferred destinations for foreign investment in Africa, ranking among the 10 biggest recipients of FDI on the continent, thanks to robust economic growth and continuing reforms to improve business and investment climate.

by: Fortune

Barbara Corcoran says one of her best business decisions came about because of a breakup

"But you know what about endings? They force you on to a new beginning," said real estate mogul Barbara Corcoran.

by: Forbes

World War III Has Already Begun - And Businesses Need To Take Note

The sudden collapse of Assad highlights the interconnectedness of a growing number of global conflicts, revealing a hard truth most of us would rather not think about.

by: Cyprus Mail

Hadjimanolis praises role of education in maritime industry

The Lloyd's List Greek Shipping Awards 2024 brought together hundreds of industry leaders in Athens, celebrating the achievements of local and international shipping. Deputy Minister of Shipping Marina Hadjimanolis attended on behalf of the Republic of Cyprus and presented the 'Achievement in Education or Training 2024' award to Captain

by: RTE Online

UK finance minister Reeves to attend Eurogroup meeting

The President of the Eurogroup and Minister for Public Expenditure, National Development Plan Delivery and Reform, Paschal Donohoe, is in Brussels to chair the December Eurogroup meeting.

by: cnbctv18

Bajaj Allianz Nov Update: General insurance gross direct premium at ?1,324.67 crore

Bajaj Allianz Life Insurance recorded total new business premiums of ₹659.35 crore for November. Shares of parent company Bajaj Finserv Ltd ended at ₹1,638.05, up by ₹2.20, or 0.13%, on the BSE.

by: The New Zealand Herald

UK finance minister to address EU counterparts in post-Brexit 'reset'

Britain's Chancellor Rachel Reeves is set to address a meeting of Eurozone finance ministers in Brussels on Monday to urge a "business-like relationship" between the European Union and post-Brexit UK.

by: Forbes

Talking AI: Top Three Barriers To Digital Adoption

While the industry has grown in terms of infusing innovation into formerly manual processes, many lenders say they are not ready to dive into the latest wave of AI.

by: Yahoo Finance

Platform Accounting Group acquires DHS Advisors

By joining the group, DHS Advisors' team of directors are expected to gain access to expanded resources and support.

by: Yahoo Finance

Trump's business empire has expanded. Here's where he could profit in his second term.

When Trump returns to the White House, he'll do so with a more sprawling business empire and far fewer promises about how he'll avoid conflicts of interest.

by: AOL

Forget bling, De Beers has found a surprising use for lab-grown diamonds outside of luxury jewelry, and business is booming

De Beers has a huge sway on diamond prices as it's still a significant player in the market. However, it has repeatedly cut diamond prices in the hopes of attracting more buyers, painting a gloomier picture of the future.

by: Reuters

Exclusive: China regulators tell banks to expedite offshore company listings, sources say

Regulators in mainland China and Hong Kong have told some of the world's biggest investment banks to help speed up Chinese companies' listings in the city, said sources, in a bid to boost fundraising overseas and revitalise the world's No.

by: Reuters

Bank of England's Ramsden says will be vigilant towards greater risk-taking

The Bank of England will be vigilant over the possibility that investors will take greater risks after a year of relative stability in markets, Deputy Governor Dave Ramsden said on Monday.

by: MSN

WSJ Crossword December 9 2024 Answers (12/9/24)

Our WSJ Crossword December 9, 2024 answers guide should help you finish today's crossword if you've found yourself stuck on a crossword clue. The Wall Street Journal Crossword is a well-known and respected puzzle that appeals to solvers looking for a challenging and thought-provoking experience.

by: MSN

Arthur J. Gallagher to buy AssuredPartners in $13.45 billion deal

Arthur J. Gallagher said on Monday it has agreed to acquire insurance broker AssuredPartners in a $13.45 billion deal, as it looks to bolster its presence in the vast and fast-growing middle-market segment.

by: MSN

Why house flipping can help 'make housing affordable again'

The biggest cause of the housing crisis is a lack of inventory, and building more homes is clearly a critical part of the equation.

by: MSN

Finance and audit experts dominate South Korea's year-end leadership shakeups

Year-end leadership reshuffles across major South Korean conglomerates are spotlighting a growing preference for executives with backgrounds in finance and auditing. The appointments underscore a strategic pivot as companies navigate heightened uncertainties both domestically and globally while addressing challenges in their core operations.

IRDAI, DFS support proposal for lowering GST on health policies for senior citizens, micro-insurance and term insurance policies

Ahead of the GST Council meeting, a proposal for rationalising GST on insurance premium got boost with the Financial Services Department and the Insurance Regulatory and Development Authority of India supporting the move.
The Insurance Regulatory and Development Authority of India (IRDAI) and the Department of Financial Services (DFS) have expressed support for a proposal to reduce the GST on health insurance policies for senior citizens, micro-insurance policies, and term insurance policies. This initiative aims to make insurance more affordable and accessible, particularly for vulnerable groups. The proposal suggests lowering the GST rate from 18% to 5% for these specific categories of insurance. This move is seen as a step towards enhancing financial inclusion and providing better social security for senior citizens and low-income groups. The proposal has been forwarded to the GST Council for consideration, highlighting the potential benefits of increased insurance penetration and financial protection for the underprivileged sections of society.

Read the Full Business Line Article at:
https://www.thehindubusinessline.com/economy/irdai-dfs-support-proposal-for-lowering-gst-on-health-policies-for-senior-citizens-micro-insurance-policies-term-insurance-policies/article68961494.ece

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