• Tue, February 11, 2025

by: cnbctv18

GST cuts likely, some rate slabs may even merge: Finance Minister

Individual incomes have been growing slower than inflation in India, leading to sharp slump in consumption. Reduction in GST, which is levied on items of daily use, may be the need of the hour.

by: Forbes

Trump Tariffs Live Updates: EU Says It Is Readying Countermeasures Against 25% Steel And Aluminum Tariffs

President Donald Trump signed an order Monday imposing global tariffs of 25% on all steel and aluminum imports in a move that will likely please domestic steelmakers but hurt allies like Canada and Mexico.

by: Reuters

DuPont raises 2025 profit forecast on strong electronics demand

DuPont de Nemours raised its 2025 profit forecast and beat fourth-quarter earnings estimates on Tuesday, as the industrial materials maker benefited from strong demand for electronics and a recovery in its water and protection segment.

by: AOL

Super Micro stock drops ahead of business update

Hindenburg shut down in mid-January. Super Micro last year was granted an extension by the Nasdaq to submit its late filings by Feb. 25. The company has hired a new accountant, and the server maker said an independent review of its business found no evidence of misconduct.

by: MSN

New partnership announced by a Newport finance firm

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: Mint

New Income Tax Bill 2025 Highlights: New I-T bill to be tabled in Lok Sabha on Thursday; How will it impact taxpayers?

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is expected to be presented in Parliament this week.

by: MSN

Pisces Daily Horoscope Today (Feb 19-Mar 20), February 12, 2025: Loved ones will be happy!

Pisces Money Horoscope Today Career and business performance will remain strong. Favourable conditions will accelerate. Opportunities will remain favourable. Pisces Career Horoscope Today Competitive spirit will increase.

by: Reuters

Guyana issues 30-day notice to cancel Frontera, CGX Energy's license

Guyana's government has given a CGX Energy and Frontera Energy joint venture a 30-day cancellation notice of its license to explore the offshore Corentyne block, where it has found oil, the Canada-based companies said on Tuesday.

by: AOL

Investing in small businesses in 2025

Despite these benefits, many small businesses often lack funding to sustain and expand their operations, relying on local investors to get the capital they need to grow. Investing in small businesses offers potential returns,

by: Forbes

AI Agents Are Coming For Your Industry: Here's Who's First In Line

From tech and finance to retail and logistics, discover which sectors are ready to embrace AI agents that work 24/7 without breaks, and learn the critical factors.

by: Forbes

2025 AI Predictions For Small Businesses

Rieva Lesonsky interviews industry experts to learn how AI is transforming small businesses and their predictions for AI's role in business in 2025.

by: MSN

Kenya National Police Service Commission announces 149 job vacancies in February 2025

The commission sought to recruit top managerial and support staff, urging qualified and candidates to submit applications on or before Friday, February 21, 2025.

by: MSN

Bank of England to cut interest rates only twice more, NIESR predicts

Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively upbeat set of forecasts.

by: MSN

Taurus: Your finance horoscope - February 12

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: MSN

The impact of Trump's tariffs is already being felt

There are already winners and losers from Trump's tariff announcements, from investors betting on gold to fashion brands pausing marketing campaigns.

by: MSN

Is Qubetics the Highest ROI Crypto of 2025? Filecoin's Scalable Storage and Terra Classic's Ecosystem Recovery

Explore if Qubetics is the highest ROI crypto of 2025 by comparing it to Filecoin's scalable storage and Terra Classic's ecosystem recovery. Discover their potential now!

by: MSN

6 Best Cryptos with 1000X Potential to Invest in Right Now

Cryptocurrency has been a major topic of conversation in recent years, with prices reaching new highs, blockchain technology revolutionizing industries, and the development of innovative projects constantly emerging.

by: MSN

Dismantling the CFPB would turn the consumer finance world into the 'wild, wild west,' its former director says

Richard Cordray, the first director of the CFPB, told BI that Elon Musk's call to dismantle the agency is a 'direct conflict of interest.'
  • Wed, February 12, 2025

by: Newsroom

'Woke banks' row: Bank reveals $132m exposure to risky petrol stations

BNZ says it isn't completely banning lending to petrol stations, but maintains its rationale to limit exposure is commercial, not idealogical.

by: News24

SA will likely wait until 2026 to lower inflation target, investors and analysts say

South Africa will probably wait until next year to lower its inflation target, according to a Bloomberg survey of investors and analysts.

by: CNET

How to Track a Paper Tax Refund Check That's Coming in the Mail

Typically, a paper check will take three to eight weeks to arrive in your mailbox, but you can track exactly where your tax refund is and when you can expect to receive it with the USPS' tracking tool, Informed Delivery. The free service sends you alerts for all new mail and provides images of the front of envelopes.

by: Tuko

APHRC Advertises Field Interviewer Jobs for Form 4 Leavers with KCSE C+, Other Positions

The African Population and Health Research Center (APHRC) has announced job openings for field interviewers, inviting applications from Form 4 leavers with KCSE C+.

by: TradeWinds

Wallenius Wilhelmsen boasts 'unique' backlog with room to run as trade-choking tariffs loom

Wallenius Wilhelmsen shares spent 2024 on a roller coaster, opening the year at NOK 90.50 ($8.04) before peaking as high as NOK 138.80 and ending the year at NOK 93.50.

by: MyJoyOnline

UBA Ghana wins 3 awards from Global Business and Finance Magazine

UBA Ghana has been recognised with three top awards by the Global Business and Finance Magazine Awards. The Bank won Best Digital Bank Ghana 2025, Best ESG & Sustainability Bank Ghana 2025 and Bank of the Year - Corporate & Commercial Banking Ghana 2025

by: Diginomica

From AI to ROI via EX - Freshworks priorities for 2025 take shape as revenues rise, losses narrow in 2024

From AI to ROI via EX - Freshworks priorities for 2025 take shape as revenues rise, losses narrow in 2024 Employee Experience is being pitched as a growth sweet spot for Freshworks as the CRM vendor ends its 2024 fiscal year on a strong beat with revenues up and losses down.

by: WTNH

What does having the Consumer Financial Protection Bureau on hold mean for consumers?

The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, debt collectors and other segments of the consumer

by: AOL

Worried about a market bubble? Here are 4 tips to protect your portfolio now and in the future

Consider holding a portion of your portfolio in a highly liquid investment — like a money market fund — to be better positioned for future opportunities. Make sure you're taking care of the basics and consistently contributing to a workplace retirement plan like a 401 (k). Remember that slow and steady typically wins the investing race.

by: Forbes

The Life Insurance Industry Is Misbranded

Since its inception in the 1800s, the total value of U.S. life insurance has ballooned to over $21 trillion today. Life insurance grew quickly during its first 75 years, but growth slowed in the 20th century and flattened over the past decade.

by: Forbes

How Payment Tech Can Help 5 Year-End Financial Pain Points

Here are five common pain points finance teams probably faced in closing out 2024—and how the right tools implemented today can make next year's close less stressful.

by: Reuters

Bank bosses expect US policy uncertainty to persist under Trump, but stay bullish on economy

U.S. bank executives said on Tuesday they expected policy uncertainty to linger as President Donald Trump's second administration takes shape, but remained optimistic on the economic outlook.

by: Reuters

India's central bank removes restrictions on Kotak Mahindra Bank onboarding customers online

India's central bank on Wednesday lifted restrictions on Kotak Mahindra Bank that had barred the lender from onboarding new customers through its online channels and issuing new credit cards.

by: Reuters

Republican senators call for $1,000 tax on new EV sales to pay for road repairs

A group of Senate Republicans on Wednesday proposed a $1,000 tax on new electric vehicle purchases to account for the cost of federal road repairs.

by: Reuters

Dutch bank ABN Amro fourth-quarter profit drops less than expected

Dutch lender ABN Amro beat fourth-quarter profit expectations on Wednesday, as resistant income from net interest and fees aided the results.

by: Reuters

BofA doubles banking team in Switzerland amid shifting regulatory landscape

Bank of America has doubled its banking team in Switzerland, seizing on a potential opportunity to gain market share as bigger Swiss rivals deal with tougher regulation.

by: Reuters

Trump squeeze wins concessions - some real, others less so

U.S. President Donald Trump has thrust himself onto the world stage, issuing ultimatums to friend and foe alike and insisting they jump to the tune of American interests or else.

by: Reuters

Commerzbank plans job cuts, new targets to keep UniCredit away, sources say

Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by Italy's UniCredit , multiple people with direct knowledge of the plans told Reuters.

by: Reuters

JPMorgan sees investment banking fees rising by mid-teens percentage in first quarter

JPMorgan Chase's investment banking fees have grown by a mid-teens percentage so far in the first quarter as clients' economic optimism grows, Chief Operating Officer Jennifer Piepszak said on Tuesday.

by: Reuters

SoftBank's Son back to form with big bets and quarterly loss

Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund investment arm.

by: MSN

Korea's economy, Japan's youth and Ireland

More Japanese youth are now working at Korean companies, restaurants, and clothing stores. While Japan's economy was once more than three times the size of Korea's in 2000, Korea has now surpassed it.

by: MSN

Gen Z Aussies warned over 'concerning' AI prediction: 'Knee-jerk reaction'

A "concerning" number of bosses have revealed their bleak perspective on the youngest workers and it's a worrying sign for Gen Z. The Hult International Business School found that 37 per cent of employers would rather hire artificial intelligence models over Gen Z graduates.

by: MSN

TPG Inc. (NASDAQ:TPG) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 11, 2025 TPG Inc. misses on earnings expectations. Reported EPS is $-0.06 EPS, expectations were $0.52. Operator: Good morning, and welcome to the TPG's fourth Quarter 2024 Earnings Conference Call.

by: MSN

Will the EU's plan to reduce red tape for businesses negatively impact workers?

Brussels wants to simplify and reduce the administrative burden for businesses in order to improve European competitiveness. View on euronews

by: MSN

Sunoco LP (NYSE:SUN) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 11, 2025 Sunoco LP misses on earnings expectations. Reported EPS is $0.75 EPS, expectations were $1.48. Operator: Greetings, and welcome to Sunoco LP's fourth quarter 2024 earnings call.

by: MSN

Cincinnati Financial Corporation (NASDAQ:CINF) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 11, 2025 Operator: Good morning, and welcome to the Cincinnati Financial Corporation Fourth Quarter and Full Year 2024 Earnings Conference Call. All participants will be in listen-only mode.

by: MSN

Compass Minerals International, Inc. (NYSE:CMP) Q1 2025 Earnings Call Transcript

Q1 2025 Earnings Call Transcript February 11, 2025 Operator: Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Compass Minerals First Quarter Fiscal 2025 Earnings Conference Call.

by: MSN

The latest merger & acquisition and fundraising news in Welsh business

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: MSN

Super Micro stock surges after outlining ambitious 2026 targets, assuring investors it will avoid delisting

Super Micro Computer (SMCI) stock climbed as much as 12% in premarket trading on Wednesday after the tech company announced a positive update on its plans to avoid being delisted by the Nasdaq and outlined an ambitious new revenue goal for 2026.

by: MSN

The market is looking very positively at DOGE and Elon Musk, says Wharton's Jeremy Siegel

Jeremy Siegel, professor emeritus of finance at University of Pennsylvania's Wharton School of Business and Wisdom Tree chief economist, joins 'Squawk Box' to discuss the latest market trends, state of the economy,

GST cuts likely, some rate slabs may even merge: Finance Minister

Individual incomes have been growing slower than inflation in India, leading to sharp slump in consumption. Reduction in GST, which is levied on items of daily use, may be the need of the hour.
The article from CNBC TV18 discusses potential changes to India's Goods and Services Tax (GST) structure as hinted by Finance Minister Nirmala Sitharaman. She indicated that the GST Council might consider reducing the number of tax slabs and possibly merging some of them to simplify the tax regime. This comes in response to ongoing discussions about making GST more efficient and less cumbersome for businesses. The Finance Minister emphasized that while the GST system has been a significant reform, there is still room for improvement in terms of rate rationalization and addressing the inverted duty structure, which could lead to lower tax rates for certain goods and services, thereby potentially reducing the cost for consumers and easing compliance for businesses.

Read the Full cnbctv18 Article at:
https://www.cnbctv18.com/business/companies/gst-cuts-likely-some-rate-slabs-may-even-be-merged-finance-minister-19556702.htm