BUSINESS
A Brief Explanation Of Margin Trading
Investors use leveraged trading to take out loans from brokers and invest in high-risk opportunities within the market. This is utilised by traders who have insufficient funds in their accounts but wish to capitalise on market opportunities.
Cryptocurrencies in The Banking Industry - What’s Next?
Banks have recently ventured into cryptocurrencies, offering virtual asset exchanging and trading services to cope with the growing trends and usability of crypto coins and tokens. It seems that after years of competition between these two economies, the future of the banking sector requires cooperation between them. Let’s review the crucial aspects of cryptos in the banking sector.
Apple's Potential to Create 500,000 Jobs in India Within 3 Years
Currently, Apple's suppliers and vendors provide employment opportunities to around 150,000 individuals in India, with Tata Electronics emerging as a key player in job creation through its two manufacturing facilities dedicated to Apple.
FY24 Direct Tax Collections Surpass Estimates, Soar by 18% to Rs 19.58 Lakh Crore
The combined net collections from income and corporate taxes, constituting the bulk of direct taxes, surpassed both the Budget and revised estimates for the 2023-24 financial year by substantial margins. Exceeding the Budget estimates by Rs 1.35 lakh crore (7.40 percent) and the revised estimates by Rs 13,000 crore, this achievement highlights a robust performance in tax revenue.
Zomato Faces Rs 11.81 Crore GST Demand and Penalty
This order comprises Rs 5.9 crore in GST demand along with a penalty of equal amount for the period spanning July 2017 to March 2021.
Gujarat's Economic Impact: FM Sitharaman Highlights Contribution to National GDP
During an event organized by the Gujarat Chamber of Commerce and Industry (GCCI) and the Western India Regional Council of the Institute of Chartered Accountants of India (ICAI), Ahmedabad Chapter, themed ‘Samvaad – Viksit Bharat @ 2047’, Sitharaman highlighted the transformation of the twin balance sheet problem into a positive indicator according to the Reserve Bank of India (RBI), illustrating the success of India’s economic strategies.
India: A Magnet for Global Brands, According to OYO's Ritesh Agarwal
Reflecting on India's remarkable evolution from a global back office to a hub of talent, Agarwal asserted the nation's pivotal role on the world stage. He emphasized that any global brand, startup, or business not considering India in its expansion strategy would be overlooking significant opportunities.
India's Concern Over Nestle Baby Food Sugar Study Leads to Drop in Nestle India's Share Prices
The Indian government has taken notice of this issue and is reportedly investigating the addition of sugar to baby food products.
UK Acknowledges Progress in India FTA Talks Regarding Market Access
During a recent session in the House of Lords, UK Foreign Secretary David Cameron fielded inquiries from British peers regarding the state of religious freedom in India. The restructuring of the BBC, necessitated by India's foreign direct investment (FDI) regulations, sparked questions from Liberal Democrat peer Lord Jeremy Purvis. He specifically raised concerns about the level of market access granted to India, particularly in the realms of media, data, and telecoms, within the framework of FTA negotiations.
Discrepancies in Nestle's Baby Food: Sugar Addition Variances Between India and Europe
The study uncovered that in India, every serving of Cerelac baby products contains an average of nearly 3 grams of added sugar. This stands in stark contrast to the sugar-free versions available in Germany and the UK, and products in Ethiopia and Thailand which contain almost 6 grams per serving.
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