Crypto-Friendly Hong Kong Offers Tax Exemptions to Attract Hedge Funds and Family Offices

Crypto-Friendly Hong Kong Offers Tax Exemptions to Attract Hedge Funds and Family Offices

Source: Bitcoinist Hong Kong has recently announced a bold move to strengthen its position as a global financial hub, particularly in the cryptocurrency sector. In a recent proposal, the Financial Services and Treasury Bureau in Hong Kong has suggested “waiving capital gains tax” on investments in cryptocurrencies and other alternative assets for hedge funds, private…

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Colgate is making the right moves, though valuations offer little cheer

Colgate is making the right moves, though valuations offer little cheer

Source: Live Mint Colgate Palmolive (India) Ltd has had a good run in recent quarters and continues to make efforts to boost growth.  At its analysts meeting on Wednesday, the management, among other things, highlighted an interesting development under its ‘oral health movement’ initiative. The oral care company has launched universally accessible AI-based dental screenings….

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Nomura maintains cautious stance on NBFCs for FY25 amid asset quality concerns, but recommends ‘buy’ on 4 stocks | Stock Market News

Nomura maintains cautious stance on NBFCs for FY25 amid asset quality concerns, but recommends ‘buy’ on 4 stocks | Stock Market News

Source: Live Mint Non-banking finance company (NBFC) stocks have been hammered by Dalal Street investors in recent weeks, following a mixed performance in the September quarter (Q2FY25). This was driven by a moderation in year-on-year disbursement growth due to a slowdown in unsecured loans (personal, credit cards, MFI) amidst asset quality concerns and regulatory actions….

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