City However Financial News

Teylor originates and manages SME loans through its Teylor credit platform, a suite of software modules that enable financial institutions to build, deliver and scale digital credit products The firm has processed more than €3 billion in SME debt over the past three years.By tokenizing part of this credit portfolio on the Taurus infrastructure and TDX regulated marketplace, professional private debt investors can now participate in the returns through a secure blockchain-based secondary market. The TDX platform distributes the principal and interest monthly to the security token holdersPatrick Stäuble, CEO and founder at Teylor, says: “Our credit portfolio of high-quality SME loans is funded through private transactions with large-cap financial institutions.

Sarovar Hotels & Resorts will go ahead with a selective expansion spree in India’s mid-market segment. While the chain crossed ₹2,000 crore in revenue last year and is keen on further growth, its leadership wants to be choosy about locations to hedge against rising land costs and project delays.The company, majority-owned by Europe’s Louvre Hotels Group, is increasingly prioritizing tier II and tier III cities where infrastructure-led growth is outpacing the entry of branded players.

Officials say Dubai International Airport, the world’s busiest for international travel, saw a record 92.3 million passengers pass through its terminals in 2024

Subscribe to enjoy similar stories. There was a hue and cry after the Union Budget 2024-25 as the Centre increased the long-term capital gains (LTCG) tax on equity from 10% to 12.5%. However, since April 2023, the benefit of indexation has been taken away from debt-oriented mutual funds (MFs), and it is taxable at marginal slab rate (MSR).

Justin Trudeau’s decision to step down and prorogue Parliament will keep his government from implementing its proposed changes to capital gains for now, but Canadians might not be off the hook with tax collectors just yet.

Prime Minister Justin Trudeau’s move to step down and prorogue parliament will keep his government from implementing its proposed changes to capital gains for now,but Canadians might not be off the hook with the country’s tax collectors just yet.

Subscribe to enjoy similar stories. The Indian economy is in the midst of a cyclical slowdown. The government statistics office reported last week that economic growth had declined for a third quarter in a row.

The city's air quality was last recorded in the 'poor' category on October 29 with an AQI of 268, according to the CPCB. Experts attribute the improvement to dry northwesterly winds and ample sunlight, which have helped disperse pollutants. However, the city's air quality remains far from ideal as an AQI between 201 and 300 is still considered harmful to sensitive groups.

The South Korean city of Ansan has announced that it will confiscate crypto from tax dodgers who fail to pay local levies.

Juneteenth 2024 is going to be just one of them. This auspicious occasion marks Maj. Gen. Gordon Granger arriving in Galveston Bay, Texas in 1865 with troops to declare the independence of Black people in the state, two years after President Lincoln signing the iconic Emancipation Proclamation

Indraprastha Gas Limited (IGL) jumped 7 percent in intra-day deals on Wednesday despite weakness in the Indian market on the back of decent financial results for the March quarter (Q4FY24). The firm posted a 9 percent rise in its consolidated net profit at ₹433.79 crore as against ₹397.51 crore in the corresponding period last year. However, the leading city gas distributor's (CGD's) revenue from operations in the quarter under review fell 2 percent to ₹3,964.42 crore, versus ₹4,056.44 crore in the year-ago period.

Pep Guardiola insists Manchester City's experience of thriving under the pressure of a title race will not be the decisive factor in who wins the Premier League. Guardiola's men are aiming to become the first side to ever win four consecutive English top-flight titles and claim their sixth Premier League crown in seven seasons. However, City will have to come from behind in the final nine games of the campaign after a 0-0 draw at home to Arsenal on Sunday left them still in third.

Watch: PM Modi flags off 10 new Vande Bharat trains However, city chronicler Bharat Gothoskar said not all names had colonial connections, and one name is in fact derived from a Marathi word for `grazing land'. Shiv Sena MP Rahul Shewale has demanded to change the British-era names of these eight local railway stations- Curry Road, Sandhurst Road, Cotton Green, Dockyard Road, and Kings Circle stations on the Central Railway network. Tamil Nadu: Special mountain toy train in Nilgiris to run from March 29 to July 1 Shewale has demanded renaming the names of eight local railway stations to Lalbaug, Dongari, Kalachowki, Mazgaon, and Tirthkar Parshwanath stations.

Bitcoin’s infamous “Kimchi premium” has made a comeback, with the cryptocurrency commanding an average 10% price premium in South Korea compared to global exchanges. 

—Name withheld on request As per Section 56 of the Income Tax Act, any monetary gift, immovable property or moveable property received by an individual becomes taxable if the aggregate sum of money received during the year exceeds ₹50,000. However, there are specific exceptions to this rule, including gifts received from relatives.

(Reuters) -Shares of Mexico's BBB Foods rose 11.4% on their debut on the New York Stock Exchange (NYSE) on Friday, giving the discount grocery retailer a valuation of $2.2 billion.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

he IMD said. The lowest minimum temperature was 4.9ºC recorded on December 15. ALSO READ: Delhi sees drop in temperature as light rainfall hits city However, a few places in Delhi witnessed a cold day in December.

As the clock nears 12:00 a.m., a spectacular ball gracefully descends down a pole, and both on-site participants and millions watching remotely initiate a countdown from 60.

Savills India. Bengaluru, Delhi-NCR and Mumbai are the top 3 performing cities and contributed to nearly 60% of the gross leasing activity in 2023. “Indian office market has seen an all-time high leasing in 2023, reversing the tides of subdued demand till six months ago. Mumbai and Chennai hit their peaks, as the second half of 2023 recovered strongly compared to the trailing 12 months (June 2022-June 2023). The renewed confidence of the markets bodes well for the industry as well for the economy, especially as we tread into a year of major democratic elections, in India as well as the US” said Anurag Mathur, CEO, Savills India. Mumbai saw record leasing activity at 10.1 mn sq.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.