With 265 million internet users, rural India is not only catching up with cities in terms of the sheer number of netizens, it is also mirroring the time spent, frequency, share of female users and mode of access with its urban cousin. And, while internet usage might look similar on the surface, the activities which […]
Archives for June 2020
Paul Tudor Jones shares his economic, responsible investing views at JUST Capital event
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Morgan Stanley eyeing deals to get bigger in asset management
Morgan Stanley expects to make acquisitions in the asset management industry, according to CEO James Gorman. “We’ll do deals,” Gorman said Tuesday at the firm’s virtual financials conference. “I’ve been very clear about that. I am not shy about doing deals that hit our sweet spot.” The asset management industry faces pressure on fees from […]
AICPA issues guidance on accounting for forgivable PPP loans – Journal of Accountancy
A nongovernmental entity may account for a Paycheck Protection Program (PPP) loan as a financial liability in accordance with FASB ASC Topic 470, Debt, or under other models, if certain conditions are met, according to new guidance for borrowers issued Wednesday by the AICPA. The AICPA worked with many of its volunteer members, and also […]
Rates
The Federal Reserve made it clear today that rates aren’t going anywhere anytime soon and that the current “stabilization” aka quantitative easing measures now in place for the bond and cash markets are also not going away. They did acknowledge that conditions have improved (aka, stocks went back up). Here’s Peter Boockvar: Both the bond […]
Think inside the cardboard box for your post-lockdown work station
WELLINGBOROUGH, England (Reuters) – Want to get back to work? Put your staff in a cardboard box. That is the advice of a British company making social distancing screens from recycled cardboard to help businesses open up after lockdown while keeping staff safe. “As people have started to come back to work we’ve switched to […]
How Credit Card Companies Make Money?
How Credit Card Companies Make Money? – I recently got a call from the credit card company, asking about a credit card. As I already have a credit card, I refused to avail a credit card. However, an executive from the credit card company was forcing me to avail credit card offer. I denied his […]
How to Start Saree Business at Home? – Online & Offline
Starting a Saree Business is one of the most lucrative business options. Saree is one of the most popular apparels for Indian Women. The cost of saree varies from Rs.100 to Rs.10000. Saree comes with a variety of fabric, pattern, and design. It is easy to start saree business from home. The investment required for […]
Jio-Facebook platform approach can open digital ecosystem, market worth $2 trillion by 2025: Report
Jio-Facebook’s platform approach can unlock India’s digital ecosystem and address a large market that may potentially be $2 trillion (around Rs 151 lakh crore) by 2025, across commerce, payments and content, Bernstein said in a report. Customer behaviour will see permanent shifts to higher digital adoption in e-commerce/online grocery, digital payments and digital content from […]
AICPA issues guidance on accounting for forgivable PPP loans
A nongovernmental entity may account for a Paycheck Protection Program (PPP) loan as a financial liability in accordance with FASB ASC Topic 470, Debt, or under other models, if certain conditions are met, according to new guidance for borrowers issued Wednesday by the AICPA. The AICPA worked with many of its volunteer members, and also […]