PM Modi’s demonetisation policy has put a dent in the list of Indian billionaires, according to the Hurun Report.
The country now has 100 billionaires, 11 fewer than a year ago, according to an annual ranking of the world’s richest people. It has fallen to fourth in the global billionaires’ lea
Minister for Trade and Industry S Iswaran reiterated the measures in place to support businesses, especially small and medium-sized enterprises yesterday in Parliament and emphasised that it is up to businesses to succeed as there is a plethora of support available for SMEs.
The rate of income tax is proposed to be reduced to 5% (from 10%) for income between INR 2.5 to INR 5 lakhs. This is likely to bring tax saving of at least INR 12,875 for all taxpayers with an income exceeding INR 5 lakhs. Other tax slab and rates remain unchanged.
Heng Swee Keat, the Finance Minister of Singapore presented budget 2017 on February 20, 2017. Buzzwords like innovation, partnership and adaptability were used in his speech.
The Singapore dollar has created a fresh record high against the Malaysian ringgit this afternoon by reaching as high as S$1 to RM3.1481, according to the Bloomberg data.
Asia’s leading Singtel’s data-free premium subscription news service – Singtel Newsstand has expanded its offerings. It has added 12 SPH lifestyle magazines to its current stable of local and international publications.
US Bank the nation’s fifth largest bank by assets has named Sayantan Chakraborty as Senior VP and head of product management of its Global Treasury Management business.
California-based social network for neighbourhoods Nextdoor has spread its wings and expanded its operations into the UK by acquiring the UK-based startup Streetlife.
Singtel has reported a 2 per cent rise in net profit to S$972.8 million in the third quarter. The quarter saw strong core business and higher contributions from regional mobile associates.
Indian-American Raj Jayadev, who works for criminal justice reform, has been named by the San Francisco Chronicle as one of the six nominees for the “Visionary of the Year” award.
Get latest and breaking business news and updates. We cover World Economics, Finance, Stock Markets, IPO, Banking and Industrial topics, Indian origin entrepreneurs.
