By Abhishek Vishnoi and Charlotte Yang Money managers are navigating an historic shift: India’s population, at 1.43 billion, edged past China’s this year. Now the world’s most populous country, India could experience a decades-long investment boom. Goldman Sachs Group Inc. analysts expect its share of global equity market capitalisation to… Continue reading China or India? Where should investors put their money in coming Asia boom
Tag: money
Deion Sanders reacts to conference realignment in college athletics: ‘All this is about money’
Friday was a seismic day in college athletics as the Pac-12 conference lost five schools, bringing the total remaining teams to four starting in 2024. Oregon and Washington will head to the Big Ten in 2024, while Arizona, Arizona State and Utah will depart the Pac-12 for the Big 12 after the 2023-24 athletic season. … Continue reading Deion Sanders reacts to conference realignment in college athletics: ‘All this is about money’
ED takes possession of villas, land in money laundering case against PFI
The Enforcement Directorate has taken possession of four villas and 6.75 acres of land in Kerala’s Munnar district as part of a money laundering investigation against the banned Popular Front of India. The assets are worth a total Rs 2.53 crore (book value) and belong to Munnar Villa Vista Pvt Ltd. They were… Continue reading ED takes possession of villas, land in money laundering case against PFI
What is a money bill? What are its provisions and what is its significance?
Money bills play a crucial role in India’s governance and financial management. They are directly related to matters of taxation, public expenditure, and other financial issues. The matter of money bills came into the spotlight during the passing of the Aadhaar Act in 2016, which raised constitutional questions about money bills and their classification.… Continue reading What is a money bill? What are its provisions and what is its significance?
SC rejects YES Bank founder Rana Kapoor’s bail in money laundering case
The Supreme Court (SC) on Friday rejected bail plea of YES Bank’s founder Rana Kapoor in connection with a money laundering case, saying the case had “rocked the entire banking system”. The court also questioned why the Enforcement Directorate (ED) is taking so long to investigate the Rs 3,642-crore YES Bank scam. … Continue reading SC rejects YES Bank founder Rana Kapoor’s bail in money laundering case
Small firms in online money gaming will be unable to survive high GST: AIGF
Small companies that are into online real money-based gaming will not be able to survive due to the high Goods and Services Tax of 28 per cent, industry body All India Gaming Federation said on Wednesday. Finance Minister Nirmala Sitharaman has announced that a 28 per cent GST on the full face value… Continue reading Small firms in online money gaming will be unable to survive high GST: AIGF
Aeroflex Industries gets Sebi’s clearance to raise money through IPO
Stainless steel flexible hose manufacturer Aeroflex Industries Ltd has received capital markets regulator Sebi’s go ahead to raise funds through an initial share-sale. The initial public offering (IPO) consists of a fresh issue of equity shares worth up to Rs 160 crore and an offer-for-sale (OFS) of up to 1.75 crore equity shares… Continue reading Aeroflex Industries gets Sebi’s clearance to raise money through IPO
GST evasion, money laundering, bank fraud cases & more
Rs. 14,302 cr of GST evasion detected in April, May As many as 2,784 cases of GST evasion involving Rs. 14,302 crore were detected in the first two months of the current financial year, while Rs. 5,716 crore was recovered during the period, Parliament was informed on Monday. Finance Minister Nirmala Sitharaman in… Continue reading GST evasion, money laundering, bank fraud cases & more
Cowboys owner Jerry Jones reveals position in Zack Martin contract holdout: ‘We need the money to pay Parsons’
Eight-time Pro Bowl right guard Zack Martin has been a hold out from the Dallas Cowboys training camp in hopes of landing himself a new deal, but owner Jerry Jones doesn’t appear to have any intentions of making that happen, at least for now. Jones said Saturday that Martin likely won’t get the deal he’s… Continue reading Cowboys owner Jerry Jones reveals position in Zack Martin contract holdout: ‘We need the money to pay Parsons’
How Hedge Fund, other money managers are using ChatGPT for marketing
ChatGPT (Photo: Bloomberg) By Hema Parmar Hedge funds and other money managers are increasingly leaning on ChatGPT for marketing, and to summarize vast reports, according to a new survey. Forty-four percent of money managers use the artificial intelligence tool in a professional capacity, according to the report from BNP Paribas SA.… Continue reading How Hedge Fund, other money managers are using ChatGPT for marketing