Search Results for: RBI
VAT is changing, but do businesses know how to react?
March 18th, 2015
The start of 2015 brought changes to the way value added tax (VAT) is calculated for direct-to-consumer sales of electronically supplied services. While the changes have been in effect for nearly three months, many small UK businesses remain unaware ...
Debunking $1.4 Trillion Europe Debt Myth in Post-Heta Age
March 17th, 2015
Austria’s decision to burn bondholders of a failed state bank may mean almost 1.3 trillion euros ($1.4 trillion) of European debt once deemed risk-free now comes with a hazard warning. Austria is the first country to wind down a ...
Investor Group to Buy GE Capital’s Australia, New Zealand Consumer-Lending Unit
March 16th, 2015
Investors include KKR, Deutsche Bank, Värde Partners, in one of biggest deals in Asia-Pacific this year In one of the biggest deals in the Asia-Pacific region so far this year,General Electric Co. agreed to sell the consumer-lending business of GE Capital ...
Consumer groups accuse SEC of ignoring investors
March 13th, 2015
The Securities and Exchange Commission is not fulfilling its duty to protect retail investors, particularly in how it regulates financial advisers, a number of consumer groups asserted in a letter to the agency. The eight-page letter dated March 10 outlines several ...
Bundesbank posts €2.95 billion profit in 2014
March 12th, 2015
The Deutsche Bundesbank posted a profit of €2.95 billion for the 2014 financial year, compared with €4.59 billion in 2013. The profit was transferred in full today to the Federal Government of Germany pursuant to section 27 number 2 of the Bundesbank Act ...
The EBA advises on resolution procedures for EU banks
March 9th, 2015
The EBA issued today advice to the European Commission on the resolution framework for EU banks, covering the definition of critical functions and core business lines, as well as rules for the exclusion of liabilities from the application of ...
London police raid offices of Forex Broker firm
March 9th, 2015
Three days ago police raided offices in the Heron Tower, hauling 13 City workers out of the building and away for questioning. The event has sent shockwaves through the Square Mile; but aside from pub gossip and wine bar ...
Statement by Dr. Raghuram G Rajan, Governor, on Monetary Policy
March 4th, 2015
It may be recalled that in its statement on monetary policy of January 15, 2015 the Reserve Bank reduced the policy repo rate by 25 basis points and indicated that ““Key to further easing are data that confirm continuing ...
World Bank Approves $500 Million Project to Improve Access to Finance for Micro, Small and Medium Enterprises
March 2nd, 2015
The World Bank today approved a $500 million loan for the MSME Growth Innovation and Inclusive Finance Project to improve access to finance for Micro, Small and Medium Enterprises (MSMEs) working in the manufacturing and services sector, including startups ...
ETN Market Performance In Its First 100 Trading Days
February 27th, 2015
The ETN market, which opened on November 17, 2014 and marked the 100th trading day on February 24, 2015, has shown a consistent rise in trading value and outperformed the market in terms of yield. (1) Trading In February ...
