Strategy Financial News

11.07 / 18:05

Strategy Franklin private wealth Carlyle Carlyle hires Franklin Templeton MD Clifford in private wealth push

Carlyle has appointed a Franklin Templeton heavyweight to help spearhead its push into private wealth.

11.07 / 17:25

Reuters CEO Platform Action Racing Strategy Pool 'Implementation of 28% GST rate will bring challenges to online gaming industry'

Nirmala Sitharaman on Tuesday said that the GST Council has decided to impose 28% tax on the turnover of online gaming, horse racing and casinos on full face value. The panel, headed by the Union finance minister and comprising of representatives of all states and UTs, decided on tax rate based on recommendation of a group of ministers that looked at taxing casinos, horse racing and online gaming. The issue before the GoM (group of ministers) was whether to impose a 28 per cent GST on the face value of bets, or gross gaming revenue, or just on platform fees.

11.07 / 16:31

UPS Provident Platform Strategy Advisor leaves Ameriprise for LPL after 25 years, citing greater freedom

A wealth advisor who started his firm when he was just out of college is looking ahead to the next phase of his business’ evolution.

11.07 / 16:15

Target CEO Platform Racing Strategy Pool 28% GST on online gaming 'unconstitutional, irrational, egregious', says industry

Online gaming industry stakeholders on Tuesday termed the 28% GST on the full value of gaming as «unconstitutional, irrational and egregious», saying that the move is a self goal that will kill the skilled online gaming sector in the country. The 50th GST Council has announced its decision to levy a 28% GST on online gaming, along with horse racing and casinos which comes as a drawback to online gaming companies. The GST will be applicable to gross revenue/total prize pool.

11.07 / 15:29

Blockchain Provident Digital Amazon Google Platform Strategy 10 tips for blockchain-based data providers seeking to scale

Each year, the amount of data generated across the globe is growing exponentially. From the explosion in the use of digital tools in the workplace to the ever-growing use of Internet of Things devices, social media, online gaming, e-commerce and other digital platforms, each day sees the creation of a massive amount of data that needs to be stored securely and efficiently.

11.07 / 13:39

Citi Extreme Strategy Forrester Low Rio Tinto to make low-carbon alumina

Global miner Rio Tinto and Japan’s Sumitomo Corporation will build a $111 million world-first hydrogen plant at the Yarwun alumina refinery in Gladstone to help reduce carbon emissions at the energy-intensive facility.

11.07 / 11:49

UPS Target Strategy Entrepreneurship and Adaptability: How to build skills to navigate uncertainty and change

Entrepreneurship is an exhilarating journey that offers immense opportunities for growth and success. However, it is also a path filled with uncertainty and constant change. In today's rapidly evolving business landscape, the ability to adapt becomes a critical skill for entrepreneurs.

11.07 / 11:35

UPS Citi Strategy Matthews Browser Executive BT chief executive Philip Jansen to step down

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11.07 / 11:11

COST FIVE Digital Strategy ITC board recommends second term for Sanjiv Puri as company CMD

ITC Limited has recommended the reappointment of Sanjiv Puri as the company's chairman and managing director for a second term of five years. The resolution seeking his reappointment as chairman and managing director of the diversified conglomerate will be put to vote at the company's annual general meeting to be held on August 11, 2023, according to a notice sent to the shareholders on Tuesday.

11.07 / 10:45

UPS Strategy restrictions White House lays out effort against animal sedative xylazine but doesn't call for new restrictions

Federal officials are calling for more testing and research on xylazine, the powerful animal sedative that’s spreading through the nation’s illicit drug supply

11.07 / 10:39

COST UPS Lowe's Strategy Invesco Why are FX market hedges failing to perform?

Currency-market volatility is starting to look like a no-show, making hedging strategies too costly to maintain for some.

11.07 / 10:31

COST UPS Provident Waves Strategy Align week Pepe Coin is Going to Zero as PEPE Price Falls 20% in a Week and Thug Life Token Just Raised Almost $1 Million With Less Than 7 Days Left

The price of Pepe Coin (PEPE) has risen by 4% in the past 24 hours, although its move to $0.00000152 today still means that it's down by nearly 20% in the past week.

11.07 / 10:21

UPS Progressive Manufacturing Platform Strategy ITC's FMCG biz records 21 pc rise in annual consumer spend at Rs 29,000 cr in FY23

FMCG business has recorded a 21 per cent rise in annual consumer spend to nearly Rs 29,000 crore in 2022-23, according to the latest annual report of the company. ITC operates in the FMCG space with 25 home-grown brands. The company measures annual consumer spend as the sum total of what the consumer spends on buying the goods of the company.

11.07 / 10:19

Target Strategy Canada Express Entry: Over 60,000 immigrants received PR invites in first half of 2022. What to expect next

In a bid to address labour shortage crisis, Canada earlier this year announced to dramatically increased the immigrants' entry. According to the Immigration Levels Plan 2023-2025, the country aims to welcome 465,000 new immigrants in 2023. Then in 2024, the target is to invite 485,000 new immigrants and 500,000 new immigrants in 2025.

11.07 / 10:19

Strategy Immunic reports Covid-19: India reports 20 new cases

New Delhi: India recorded 20 fresh covid-19 infections in the last 24 hours, the lowest since the pandmic hit the country in early 2020. According to an update from the health ministry on Tuesday, active cases have declined to 1,420 following a steady fall in infections over the past few months. Total reported cases stand at over 4.50 crore, with death toll at 531,913.

11.07 / 09:47

FIVE Man Strategy Enterprise hearing Supreme Court defers further hearing in Adani-Hindenburg case to August

Supreme Court has deferred further hearing in the Adani-Hindenburg case to August, media reports said. Hearing the case on July 11, the CJI asked about the status of the investigation, to which the solicitor-general said that Sebi has time till August to conclude the investgations.

11.07 / 09:37

COST UPS Provident Twitter Strategy Liz Weston: Saving for retirement just got more complicated

Secure 2.0 gave people several new options for workplace retirement accounts, but it forces higher-income savers to use their plans’ Roth option for catch-up contributions

11.07 / 09:13

UPS Provident Digital Platform Strategy Fractional Ownership of Commercial Real Estate: A promising prospect in India

Fractional ownership is revolutionizing the Indian real estate sector by democratizing investment opportunities and granting retail investors access to high-value commercial properties. With its potential for high returns, ease of tracking, and diversification benefits, this investment model is rapidly gaining popularity.

11.07 / 09:13

UPS Provident Strategy Software Gen Z Time ITR Filing for AY 2023-24: Tax saving tips for Gen Z filing ITR for first time in India

Filing an income tax return (ITR) for the first time can be a daunting task, but with some tax-saving tips, Gen Z individuals in India can navigate the process more effectively. By understanding the tax slabs and rates applicable for the financial year, you can determine your tax liability. This knowledge allows you to plan your finances better and make informed decisions.

11.07 / 08:37

UPS Manufacturing CEO Platform Adobe Strategy strategies ET MSME Regional Summit in Indore: Industry leaders unveil strategies to propel the growth and innovation of MP’s MSME sector

“In order to establish more MSMEs in the area of manufacturing production or in the service sector or the businesses sector, we have come up with Mukhya Mantri Udyam Kranti Yojna. Under this scheme, we are giving 3% interest subvention for loans ranging between the amount of Rs 50,000 to Rs 50 lakh.

11.07 / 07:19

UPS Career Strategy Fallout Perpetual Abrdn portfolio manager pops up at Perpetual

The fallout from the abrdn Australia restructure continues.

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