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BANKING REFORMS AUSTRALIA
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...- India’s economy faces threats that currency band-aid can’t fixIndia's government and central bank have launched new measures to attract foreign investment. These steps aim to boost the rupee and bring ...
- Australia's lower house passes bill for biggest overhaul of taxes in decadesAustralia's parliament has approved a major tax reform. The government is curbing tax breaks for property investors to boost housing afford...
- Global Markets: Australian shares end flat as banking losses overshadow miners' gainsAustralian shares closed nearly flat as bank losses offset resource gains, with U.S.-Iran tensions and sticky inflation weighing on sentime...
- AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
- Global Markets | Australia shares fall as CBA plunges 10% on earnings miss, housing tax changesThe budget proposed restricting negative gearing to newly built homes and replacing the 50% capital gains tax discount with inflation inde...
- Global Markets | Australian shares fall for third day as banks weigh ahead of federal budgetAustralia's stock market saw a decline for the third consecutive day. Banks led the losses as investors anticipated a federal budget focuse...
- India received highest number of regressive tax recommendations from IMF: OxfamAn Oxfam report highlights the International Monetary Fund's (IMF) tax advice. India received the most regressive recommendations between 2...
- World finance chiefs head to IMF with a sense of déjà vuGlobal economic policymakers convene amid concerns over President Trump's actions impacting Middle East growth. The IMF warns of reduced ca...
- Australian banks gain new powers to tackle crypto-linked scams targeting international studentsAustralia is enhancing its fight against money laundering. New powers will help banks quickly identify and stop criminals exploiting intern...
- Australia's ANZ to pay $160 million over bond deal, customer violationsAustralia and New Zealand Banking Group will pay a hefty fine. The penalty is for misconduct including charging deceased customers. The ban...
- Australia unveils draft law to regulate digital payment providersThe Australian government plans to introduce laws that would allow the central bank to regulate digital wallet providers such as Apple Pay ...
- India scores 'perfect 10' in protecting shareholders' rightsWithin the area of 'protecting minority investors', India scored 10/10 for protection of shareholders' rights -- as against 4/10 for the US...
- Not the right time to judge Narendra Modi government's performance: Gunit ChadhaIndia has always had a 'Look West' bias. The East is highly integrated, the corridors from Japan to Greater China to Asean to Australia.
- Australia, India to push for IMF quota reforms at G20Australia said it will "actively lobby" with the US to push through the IMF quota reforms seeking to providing more voice to the developing...
- India thanks Australian PM on uranium supply issueIndia thanked Julia Gillard for taking a "political risk" by deciding to positively reverse a long-term policy of not supplying uranium to ...
- RBI report well-timed ahead of new banking licence norms: Ashvin Parekh, E&Y'The one good thing about the report, and the working group seems to have deliberated on this quite well, is that there are two sets of cro...
- Singapore tops in making doing business easy: World BankSingapore kept its top ranking for the third year in a row as the easiest place in the world to do business.
- 'India's financial sector interests us'“My visit to India soon after the new government took over (in December) is a clear indication of the shape of things to come”, Mr Simon Cr...
- Singapore top paradise for business: World BankSingapore once again topped the World Bank's ranks for the best place in the world to do business, and Egypt is the leader in reforms to in...
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