WASHINGTON (Reuters) – The U.S. economy grew a little faster than initially thought in the second quarter, raising the level of gross domestic product above its pre-pandemic peak, as massive fiscal stimulus and l impact of Covid-19 vaccinations boosted spending. Thursday’s Commerce Department report also showed a sharp increase in corporate profits, which should allow […]
/cloudfront-us-east-2.images.arcpublishing.com/reuters/3KPBH6HYMZMUXBBAIX4NYA3VTI.jpg)
GDP growth in the second quarter revised to 6.6% Corporate profits hit new record Weekly jobless claims increase from 4,000 to 353,000 WASHINGTON, Aug.26 (Reuters) – U.S. corporate profits hit a new second quarter record, boosted by robust demand and higher prices, suggesting that an expected slowdown in economic growth this quarter due to the […]
Investments from foreign players keen to do business in the Philippines will push the country to embrace nuclear power, a senior AC Energy official said on Wednesday. “I think the best bet in terms of a potential strategy for the Philippines is to get foreign investors because they are the ones, especially the incumbents, who […]
New Delhi: Finance Minister Nirmala Sitharaman on Monday told Infosys CEO Salil Parekh in no uncertain terms of the government’s “deep disappointment and concern” over continuing problems with the new tax reporting portal on income. She has set September 15 as the deadline for the major in software to solve all the problems. As problems […]
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Global company profits in third quarter are expected to fall for the first time in 18 months after record profits in April-June, Reuters calculations showed, as the spread of the COVID-19 variant Delta squeezes the chains supply and increases labor costs. Massive fiscal stimulus to support the […]
ISLAMABAD – The Board of Investment (BOI) has invited foreign investors, especially Chinese, to set up their business houses in Pakistan’s Special Economic Zones (SEZs). “We look forward to your high quality investments in Pakistan while enhancing B2B and P2P cooperation,” Fareena Mazhar, Secretary of the Pakistan Investment Board, said at the “Belt and Road” […]
Tribune press service New Delhi, August 22 As the income tax portal darkens on Saturday, the finance ministry summoned Infosys CEO Salil Parekh on Monday to explain to finance minister Nirmala Sitharaman why even after two and a half months since its launch , the issues with the new portal have not been resolved, an […]
The Ministry of Finance summoned the Managing Director and Managing Director of Infosys, Salil Parekh, over problems with the new electronic income tax filing portal. The website went live earlier this year, but has been marred by problems since launch. Parekh was called to appear before the Ministry of Finance on August 23, Monday, to […]
Quad Cities-based farm and construction equipment maker Deere & Co. says it earned more in the first nine months of its 2021 fiscal year than it did in its full year record for the 2013 financial year. Deere, which released its third quarter results on Friday, said its net profit for the nine months ending […]
Since the shares are considered “movable property”, it is not compulsory to sign a deed of gift. By Chirag Nangia I retired in November 2020 and took out a Mediclaim policy in February 2021. In the meantime, I incurred medical bills for preventive checkups, medical consultation fees, and dental treatment. Can I apply for a […]