G7 Countries Support New Tax Proposal Benefiting US and UK Firms, ETCFO

US-parented companies will be exempted from certain elements of an existing global tax agreement according to a statement released by the Group of Seven countires which detailed the new proposal signed by the United States and its G7 partners. The agreement will see US companies benefit from a “side-by-side” solution under which they will only be […]

A Game Changer for Infra and Real Estate Lending in India, ETCFO

As India accelerates its infrastructure push, the need for long-term project financing has never been greater. However, stringent regulatory norms have often made banks and NBFCs cautious about funding large-scale projects. In a move aimed at easing these constraints, the Reserve Bank of India has rolled out a new framework for project finance, effective from October […]

China’s rare earths are flowing again, but not freely, CFO News, ETCFO

The threat of mass shutdowns across the automotive supply chain is fading as Chinese rare earth magnets begin to flow, though automakers and suppliers say production plans still face uncertainties and a continued risk of shortages. European suppliers have received enough licences to avoid the widespread disruptions predicted earlier this month but hundreds of permits remain […]

Hopes for Interim Agreement Dwindle Ahead of Trump’s Tariff Deadline, ETCFO

Hopes of finalising an interim trade agreement between India and the United States are now hanging by a thread. Talks between the two sides have hit a stalemate due to unresolved disputes over duties on steel, auto parts, and agricultural goods, Reuters reported on June 26 citing Indian government sources. The impasse is particularly significant as […]