The Swiss bank is cutting thousands of jobs to restructure and win back customers after scandals and financial losses, according to WSJ. It said its wealth management saw around USD 100 billion of customer outflows in the fourth quarter, when concerns about its financial health reached a fre
The two draft ordinances prepared for Rs 100 billion each in taxes and flood levies. Pakistan is also considering discontinuing power subsidies, imposing sales tax on raw materials for exports, as well as, hikes in power, and gas tariffs are also on the agenda.
Mumbai (Maharashtra) [India], January 11 (ANI/PNN): Decimal Point Analytics (DPA), one of India's most trusted and reliable research and data Analytics Companies for the financial market, today announced receiving an esteemed grant of up to USD 750'000 from The Hashgraph Association (THA).
Piyush Goyal said that textile is a sector where margins of 5 per cent are very important to become competitive, adding, "With the Free Trade Agreement (FTA) with countries we are insisting that we get duty-free access for Indian textiles. Both in UAE and Australia textile sector assures me
That puts its inflows far ahead of Mexico (USD60 billion), China (USD51 billion), the Philippines (USD38 billion), Egypt (USD32 billion) and Pakistan (USD29 billion), positioning the country to retain its spot as the world's top recipient of remittances. Such foreign remittances make up almo
In its latest Migration and Development Brief, World Bank said remittance flows to India will rise 12 per cent, putting its inflows ahead of countries including China, Mexico and the Philippines.
FICCI said achieving USD 100 billion targets of bilateral trade and investment is within the reach and it is the responsibility of businesses from both sides to achieve it by 2030.
Bengaluru (Karnataka) [India], October 3 (ANI/BusinessWire India): Lowe's India today announced its commitment to invest USD 1 million over the next three years in upskilling programs for local communities. These programs will focus on STEM learning, digital skills and technologies in the su
Mumbai (Maharashtra) [India], September 27 (ANI): The size of the media and entertainment sector in India is likely to grow to over $100 billion by 2030, Union Secretary for Information and Broadcasting Apurva Chandra said on Tuesday.
New Delhi [India], September 24 (ANI): Inflow of foreign direct investment (FDI) to India is expected to surge to a record $100 billion in the current financial year helped by the Make-in-India initiative and steps taken by the government to improve the country's ranking in ease of doing
Hong Kong, September 20 (ANI): Hong Kong is expected to record its second worst deficit at more than HK$100 billion ($12.74 billion) amid the ongoing COVID-19 pandemic, Finance Secretary Paul Chan Mo-po said in his recent blog.