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COVID CASH PAYMENT
Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...- Who is Kunal Shah? From selling FreeCharge for ₹2,800 crore to building CRED and now leading WhatsAppKunal Shah, the brainchild behind CRED, is set to lead WhatsApp globally following Meta's substantial $900 investment. Known for scaling CR...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%As the market seems to be in comeback mode, it helps to be aware that the best (and probably biggest) wealth creator of the last couple of ...
- SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
- There are bulls and bears, and also ducks. When Warren Buffett warned against being a stock market duckWarren Buffett mentioned a metaphor that should haunt every investor who has ever felt clever during a rising market: The preening duck tha...
- India’s invisible workforce gets a new safety net: Key labour reforms for migrant employees decodedIndia's inter-state migrant workers gain significant protections under new labour code rules notified on May 8, 2026. The Occupational Safe...
- Hundreds of residents are getting surprise $500 deposits — here's how the program worksEvanston, Illinois has approved a new guaranteed income expansion program delivering automatic $500 monthly payments to 102 low income hous...
- IndiGo, SpiceJet & other travel stocks plunge up to 7%. Two big reasons whyTravel stocks, including IndiGo, SpiceJet, ixigo, Toman Cook and Yatra Online, fell sharply after Prime Minister Narendra Modi urged citize...
- Relief now, risk later? ECLGS 5.0 aims to ease MSME stress, industry flags risks in moratorium termsECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.
- Is Spirit Airlines shutting down after losing $500M lifeline— here's how Spirit Airlines collapse spikes ticket pricesSpirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal and other major outlets on May 1, ...
- New payment law shocks retailers: No more surcharges or turning away shoppers at checkoutNew York has started a new law to protect people who pay with cash. The rule comes during a penny shortage and changes how stores round pri...
- Japan to spend $18 bln on cash payments to households with childrenUnder the plan, households with be entitled to receive 100,000 yen per child regardless of household income around spring next year, the pa...
- Bhartiya Mazdoor Sangh urges Centre for free jabs, compensation to workers for medical treatmentOutlining half-a-dozen immediate relief measures for ESIC beneficiaries the BMS urged labour minister Gangwar to extend sickness benefits t...
- Allowing cash payments of over Rs 2 lakh to hospitals aimed at facilitating COVID patients: CBDT"CBDT has acted to facilitate patients during this pandemic. Provisions of section 269ST of IT Act have been relaxed to allow cash payments...
- Income tax rules eased, now you can pay Rs 2 lakh+ in cash for Covid treatmentFamilies of patients who are not net savvy were hard hit as they could not pay the bills via net-banking facilities. Hospitals typically do...
- Government allows hospitals, COVID care centres to accept cash payments of over Rs 2 lakhExemption, applicable for a period between April 1-May 31, 2021, would be subject to providing the permanent account number or Aadhar numbe...
- Consumers going back to credit cards as inquiries exceed October '19 levels: Transunion CibilSocial distancing rules have forced consumers to rethink how they spend, with digital payments becoming an increasingly attractive. This sh...
- $271 bn consumer spending to shift from cash to cards, digital payments by 2023 in India: AccentureThe report forecasted that nearly 420 billion transactions worth USD 7 trillion, globally are expected to shift from cash to cards and digi...
- Why is there excess cash in India even after a concerted push for digital payments
- Cash payment company CMS to offer cash at doorstep to senior citizensThe lockdown has inconvenienced the general public to meet their daily cash needs and restricted access to their own money in their salary ...
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