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‘US economy headed China’s way as debt outpaces growth’: Report

PGurus Newsdesk - September 26, 2023 0

US economy could end up like China's as massive debt weighs on growth, market expert says The US economy seems to be heading the China...

The ED has provisionally attached 39.83 percent share of 4.79 acres of land that forms part of the Uniworld City township at Nallambakkam in Chennai

ED provisionally attaches land worth over Rs.125 crore of Unitech. So far attached Rs.1,257...

Team PGurus - September 25, 2023 0

ED says total proceeds of crime of Rs.7612 crore has been detected till now in this case The Enforcement Directorate (ED) on Monday has provisionally...

Under the global tax deal, about 140 countries, including India, have agreed to an overhaul of global tax norms to ensure that multinationals pay taxes wherever they operate and at a minimum of 15 percent rate

G20 leaders decide on swift implementation of crypto reporting framework

Team PGurus - September 9, 2023 1

G20 leaders stress well-calibrated monetary, fiscal, and structural policies to promote growth The G20 leaders meeting in New Delhi on Saturday decided on swift implementation...

The much-anticipated norms from the markets regulator aim to address the potential misuse of such channels and outline action in specific instances

SEBI proposes to enforcement action, disrupt revenue model for finfluencers

PGurus Newsdesk - August 26, 2023 0

SEBI mulls steps to limit finfluencers' influence Besides undertaking enforcement action against unregistered finfluencers who breach SEBI regulations, the regulator proposes to disrupt the revenue...

Fitch is either mortally afraid of stating the real reasons or they are really clueless – the readers can come to their own conclusions

Why the Fitch downgrade doesn’t make sense

Shanmuganathan Nagasundaram - August 14, 2023 0

Fitch cuts US credit rating from AAA to AA+ Rating agency Fitch recently downgraded the US government’s Foreign Currency Issuer Default Rating from AAA to...

The IMF’s revised projection for FY24 remains more subdued than the forecasts of other agencies

IMF projects Indian economy to grow at 6.1 percent in 2023

Team PGurus - July 25, 2023 0

IMF revises India's growth forecast to 6.1% for FY24 after strong Q4 showing The International Monetary Fund (IMF) on Tuesday projected a growth rate of...

IREO Group MD and vice president Goyal is being arrested by Enforcement Directorate for the second time

Court sends IREO MD Lalit Goyal to ED custody in judge bribery case

Team PGurus - July 5, 2023 0

IREO Group MD Lalit Goyal sent to ED custody till July 7 A special PMLA court on Wednesday sent realty firm IREO's owner and managing...

Centre’s decision dismantled nexus of officials and politicians, who thrived on their authority and connections, and operated within their own 'Samrajya'

Abrogation of Article 370 dismantled corrupt ‘Samrajya’, led to 890 central laws becoming applicable...

PGurus Newsdesk - July 3, 2023 0

Impact of abrogation of Article 370 on J&K August 5, 2019 -- Centre’s decision to Abrogate Article 370 dealt a severe blow to the entrenched...

The raids on Shree Cements came after IT Department officials doubted the tax deduction claims of the group

I-T raids on Shree Cements expose Rs.23,000 crore tax fraud

PGurus Newsdesk - June 26, 2023 0

IT raids at over 24 locations of Shree Cement on suspicion of tax evasion In the wake of the raids on the Shree Cement Group,...

ED has been investigating IREO Group based on multiple FIRs filed against them for diverting and misappropriating funds of investors and customers

ED arrests M3M promoter Basant Bansal in money laundering case

PGurus Newsdesk - June 15, 2023 1

Real estate firm M3M Group's promoter Basant Bansal arrested in over Rs.400 cr money laundering case The Enforcement Directorate (ED) has arrested M3M promoter Basant...