Maharashtra Political Crisis Live News, Uddhav Thackeray Latest News: With rebels refusing to back down and numbers clearly not in his favour, Maharashtra Chief Minister Uddhav Thackeray vacated his official residence ‘Varsha’ and moved back to his family home ‘Matoshree’ late on Wednesday night. This came hours after he offered to quit amid the rebellion […]
BEIJING (AP) — The conflict in Ukraine has “sounded an alarm for humanity,” Chinese leader Xi Jinping said Wednesday, as China continues to assume a position of neutrality while backing its ally Russia. Read More
(Bloomberg) — JPMorgan Asset Management is doubling down on China tech stocks after enduring a tumultuous selloff, betting that a wind-down of regulatory crackdowns and attractive valuations will pay off big. Read More
Chinese President Xi Jinping on Wednesday says he will step up policy support for the economy. There are also more signs that the tech crackdown could be easing. Lianting Tu 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: […]
Electric Vehicles are a defining innovation of the green transition and Brian Gu is at the centre of disruption in the sector, as President of Chinese EV-maker XPeng. He joins Bloomberg’s Francine Lacqua for an in-depth conversation about the future of electric cars, competing in China, and lessons from his career ——– Follow Bloomberg for […]
Hartmut Issel, head of Asia Pacific equities and credit at UBS Wealth Management, discusses how a potential recession in the U.S. might affect Asian economies and markets, and the opportunities he sees. He speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.”
The fitment committee of the Goods and Services Tax (GST) Council has suggested a cut in the tax rate on ostomy appliances from 12% to 5% and a uniform tax of 5% on orthopedic implants. The panel, whose recommendations will be considered by the Council on June 28-29 in Chandigarh, also proposed to clarify that […]
The National Finance Reporting Authority has found a number of gaping holes in the audit of Infrastructure Leasing & Financial Services (IL&FS) for the year 2017-18. These include failure to comply with the basic requirements of audit and violation of norms on quality control and auditor independence. The auditor was SRBC & Co. In its […]
Sugar mills have urged the government to allow exports of 8 million tonne (MT) of the sweetener under the open general licence (OGL) in the next season which commences on October 1. This, according to the Indian Sugar Mills Association (Isma), will help the sugar mills enter into future exports contracts well in advance prior […]