MELBOURNE — Australian coal-fired generators have brought 1,900 megawatts (MW) of capacity back on line since Wednesday, the industry group that represents generators said on Friday, easing blackout risks that have plagued the market this week. Read More
India’s finished steel exports is expected to drop by a quarter in the current fiscal on imposition of export duty on such products with effect from May 22, rating agency ICRA said on Thursday, revising industry’s outlook to ‘stable’ from ‘positive’ earlier. “The government’s recent announcement of 15% export duty on various finished steel products […]
‘Buy now pay later’ (BNPL) consumers in India are a younger set of borrowers who avail short-term credit. BNPL players account for a low share within the new-to-credit customer base, and delinquency rates are high. The companies are exploring various business models to establish economic viability with limited revenue drivers. In fact, BNPL will serve […]
The Central Board of Direct Taxes (CBDT) on Thursday issued guidelines seeking to address likely issues emanating from application of the newly introduced section 194R of the Income Tax Act for withholding 10% tax (TDS) on benefits or perquisites from non-salary sources. The new provision part of the Finance Act 2022 will become effective from […]
Less than a day after Revlon Inc. filed for Chapter 11 bankruptcy, Citigroup Inc.’s now-infamous payment error to its lenders has come up in the cosmetics giant’s bankruptcy. Claire Boston reports on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: […]
Start-up and IT exits among private equity (PE) and venture capital (VC) investors in 2022 have slowed down significantly due to bearish sentiment in public markets coupled with the younger portfolios of top funds witnessing lower exits compared to pre-2021 stages. According to a report by management consulting firm Bain & Company, this year’s exit […]
The best electric heater is a great investment, especially if you have kids or pets that need warmth during cold winter nights. If you’re looking for an affordable way to heat your home, then consider buying one of these top-rated electric heaters. They come with many features and benefits that make them the perfect choice […]
Assisted living and Alzheimer’s disease are often in the news, but do you know where to turn for reliable information? While it’s possible to get local information, there may be gaps in coverage. Assisted Living for Seniors – What Is It? Assisted living facilities are designed specifically to meet the needs of aging parents or […]
Mike Novogratz, the founder and chief executive officer of Galaxy Digital Holdings Ltd., says the US Federal Reserve is sending the economy into a recession to control rising inflation. He’s on “Bloomberg Markets: The Close.”
CHAS, the supply chain risk management expert, has joined forces with the Supply Chain Sustainability School to introduce the Fairness, Inclusion and Respect (FIR) Growth Assessment. The assessment provides a framework for organisations to assess and embed the principles and business benefits of a fairer, more inclusive and respectful workplace. It has been specifically designed […]