PSU Banks fully transmit rates on fresh loans

Public sector banks have passed on almost the entire policy rate cut on fresh loans since the pandemic. Weighted average lending rates for fresh rupee loans dipped 114 basis point when policy repo rate fell…

Confusion over when to levy GST on gift…

Can a gift voucher be taxed differently than a gift card, especially if one is made of paper and another of plastic or metal? And what should be taxed—the card, the voucher, the points therein,…

What to know about tax credits in the…

kate_sept2004 | E+ | Getty ImagesMany Americans will pocket some extra money this year and next courtesy of changes the American Rescue Plan made to a handful of tax credits.The $ 1.9 trillion Covid relief…

Chinese electric car start-ups Nio and Xpeng defy…

In this articleLINIOXPEVZE594-CNTSLAXpeng CEO He Xiaopeng stands next to the company's P7 electric sedan as he addresses media at the 2020 Beijing auto show.Evelyn Cheng | CNBCBEIJING — Two of China's U.S.-listed electric car start-ups…