German Inflation at Highest Level in Over a Quarter
In September, German inflation was at its highest level in more than a quarter of a century, primarily driven by higher energy prices no longer...
Category : ECONOMY
Germany Establishes 200 Billion Euro Fund to Ease Gas Crisis in ‘Energy War’ with Russia
On Thursday, the German government said it would throw up to 200 billion euros for controlling sky-high gas and electricity prices. The federal government has...
US Goods Trade Deficit Narrows in August as Imports Fall
In August, the US trade deficit in goods narrowed amid a fall in imports, driven by decreasing domestic demand as the Federal Reserve tightens monetary...
GST Revenue Likely to Hit Rs 1.45 Lakh Crore in September
Goods and services tax (GST) revenue for September is expected to reach around Rs 1.45 lakh crore, an official said. The series has surpassed Rs...
Thailand Central Bank Increases Rate Again, Keeps 2022 Growth Outlook
On Wednesday, Thailand’s central bank hiked its key interest rate for a second meeting to curb 14-year high inflation and ensure continued economic recovery. However,...
Norway to Raise Taxes by $3 Billion on Power Firms, Fish Farms
On Wednesday, Norway’s government said that it plans to hike taxes on electricity manufacturers and fish farmers to increase an extra 33 billion crowns ($3...
ELSS Fund’s Initial SIP of Rs 10,000 Grew to Rs 9.39 Crore
Under Section 80C of the Income-tax Act is the equity-linked savings scheme (ELSS), which has a track record of producing alpha returns over the long...
Chinese Central Bank Injects $24.7 Billion of Liquidity
On Tuesday, in a bid to maintain liquidity in the system, the People’s Bank of China infused a total of 175 billion yuan (USD 24.7...
Gameskraft Technology Faces Rs 21K Crore Tax Notice for ‘GST Evasion’
The Director General of Goods and Services Tax Intelligence (DGGI) has given tax notice of Rs 21,000 crore on Bengaluru-based Gameskraft Technology (GTPL) for allegedly...
Bank of Tanzania to Reduce Liquidity to Tackle Inflation
Tanzania’s central bank is likely to lower liquidity in the economy in September and October to slow increasing inflation in the east African country. The...