By Belén Carreño and Jesús Aguado MADRID (Reuters) -Spain will hit power companies and banks with temporary taxes that should rake in 7 billion euros ($7.02 billion) in 2023-2024 to.
By Scott Murdoch HONG KONG (Reuters) – Hong Kong needs to allow financial sector employees to travel freely to retain its global investment and banking hub status, an industry report.
By Arsh Tushar Mogre and Devayani Sathyan BENGALURU (Reuters) -India’s inflation will hold above the top of the central bank’s tolerance band for at least the rest of 2022, longer.
By Byron Kaye and Indranil Sarkar (Reuters) -Australian buy-now-pay-later (BNPL) firm Zip Co Ltd dumped a buyout of U.S. rival Sezzle Inc three weeks after declaring the deal on track,.
By Leika Kihara TOKYO (Reuters) -Japan’s yen-based import prices surged at a record pace in June, data showed on Tuesday, keeping wholesale inflation elevated as the currency’s sharp slump continued.
The central bank’s move has come in the wake of increasing pressure on the Indian currency in the wake of Russia’s invasion of Ukraine and sanctions by the US and.
With the origins of this inflation being essentially in the supply side, energy and food prices account for over 50 per cent of the rise in prices, the Reserve Bank.
Moreover, Sebi wants connected persons to disclose their transactions and holdings in mutual funds, or those of their immediate relatives every quarter. The Securities and Exchange Board of India (Sebi).
The new system will come into force with immediate effect. Central banks and monetary authorities of Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Nepal, Pakistan and Sri Lanka are currently members.
Supply outlook favourable, inflation may ease in FY23 second half, said Das. RBI Governor Shaktikanta Das on Saturday said inflation is likely to ease gradually in the second half of the ongoing.
