Finance

California town sets up ‘goat fund me’ page to finance four-legged firefighters

The Nevada City council sees goats as a first wave to tackle problematic vegetation, with humans following up to clear away larger foliage before the wildfire season. Photograph: AP A California town threatened by the sort of wildfires that recently wiped out a neighbouring community is appealing for an unusual type of help: a crack team of goats. Nevada City has launched ... Read More »

Finance Ministry considers steps to prevent composition dealers from charging GST from buyers

In a consumer-friendly measure, the revenue department is planning to make it mandatory for composition dealers and service providers to declare their GST registration status in invoices to ensure that they do not charge any tax from buyers. The measure, once implemented, would check the widespread practice of composition dealers of charging GST from purchasers and not depositing it with ... Read More »

Should You Invest In Mobile Home Parks? Only If You Like Consistent Returns

GettyGetty Mobile home park investing is not an exciting cryptocurrency, a high-flying tech startup or a trophy office tower you brag about owning. A mobile home park is just a parking lot filled with single- or double-wides that kicks off a lot of cash flow. I co-own a portfolio of 23 mobile home parks and help real estate investors grow ... Read More »

Government Appoints Shaktikanta Das As RBI Governor: Here’s What Experts Say

Shaktikanta Das has been appointed as RBI’s new governor for a term of three years. Government named Shaktikanta Das, a seasoned financial bureaucrat, as the new governor of the Reserve Bank of India (RBI) on Tuesday, replacing Urjit Patel, whose abrupt resignation roiled financial markets. Das held key positions both under the ruling Bharatiya Janata Party and the previous Congress-led ... Read More »

Small finance banks dismiss worries about listing for now

Shares of small finance banks are buzzing, with investors seemingly pleased with their efforts to meet the regulatory deadline of listing operating subsidiaries and reducing promoter holding. Currently, the holding companies of these small finance banks are listed. A strong performance in the second quarter has also aided the interest in these stocks. The urgency to hammer out a scheme ... Read More »

5 Things That SAP Business One Can Do for Your Business

Are you a startup looking to get off the ground and carve your own specific niche in the business world? Or perhaps you’re the owner of a small business who’s spent many waking hours thinking about what else you need to grow your operations and get to the next level of business. If so, then you may want to look ... Read More »

After IL&FS Episode, Govt Fears Default from NBFCs, Housing Finance Firms: Report

Department of Economic Affairs (DEA) fears significant default from large non-banking finance companies (NBFC) and housing finance companies in the next six weeks if no additional liquidity support is provided to these firms, MoneyControl said on Friday. The DEA, in a letter to the Ministry of Corporate Affairs, described the financial situation as “still fragile” when discussing the financial stability ... Read More »

GST Council met 30 times, took 918 decisions in 2 years: Finance Ministry

The all-powerful GST Council, chaired by Finance Minister Arun Jaitley, has met 30 times and taken 918 decisions related to laws, rules and rates for the new tax regime within a span of just over two years, the Finance Ministry said Sunday. The Goods and Services Tax (GST) Council, which comprises state finance ministers and Union Minister of State in ... Read More »

Family Finance: High savings to help salaried Dalals meet goals

While aggressive investment in equity will help, it needs to be aligned to goals for a smoother journey. Nishit and Dipti Dalal are both employed and bring in a combined monthly salary of Rs 1.68 lakh. They stay in their own house in Ahmedabad and have bought another house worth Rs 60 lakh as an investment. They have taken a ... Read More »

Centrum set to buy L&T Finance’s supply chain business

Centrum is expected to take on board the executive team of about 60 people, scaling up the business significantly after the buyout. The Centrum Group, controlled by former Standard Chartered banker Jaspal Bindra, is set to acquire L&T Finance’s supply chain lending business that has an outstanding loan book of Rs 800 crore. The divestment is part of a broader Larsen &Toubro ... Read More »