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News * US income inequality is rising due to tax cuts for the rich, report says * Report Finds Rising Inequality in U.S. Income Growth * Global Income Inequality Continues To Worsen, According To The World Bank * Report: Income inequality in US worse than other developed countries * Report: U.S. income inequality is highest of all advanced countries * Report: Income Inequality in US is Rising Articles * Income Inequality: The Growing Gap Between Rich and Poor * Income Inequality and the Causes Behind It * Understanding Income Inequality and Its Impacts * How Income Inequality Is Affecting the U.S. Economy * The Impact of Income Inequality on Society * How Can We Reduce Income Inequality? Videos * Income Inequality: What it Means and How to Fight It * Income Inequality: Causes and Solutions * Income Inequality: The Root Causes and Solutions * Income Inequality: Why It Matters * Income Inequality: What Can We Do? * Income Inequality: What’s the Solution?
SHARES in Manila Electric Co. (Meralco) moved upward last week as investors bought on its pre-pandemic-beating income report and news about negotiations with Aboitiz Power Corp. for a lower rate under another emergency power supply agreement (EPSA).
IDFC First Bank Ltd. reported robust loan growth momentum (up 22% YoY/ 3% QoQ) in Q4 FY23, primarily driven by home loans (up 39% YoY/ 10% QoQ), wheels (up 34% YoY/ 7% QoQ) and rural finance (up 48% YoY/ 18% QoQ) with significant growth across the segments. Other income reported strong growth of 68/32% YoY/QoQ, largely led by growth in the fee income from the bank’s retail products. However, there was a gain of Rs ~200 crore on the redemption of venture capital investment which is one-time in nature.
A look at the companies demoing at FinovateSpring in San Francisco on May 23 and 24. Register today and save your spot. ModernTax provides fast and secure access to millions of financial data points for businesses to verify tax filings and wage and income reports. It delivers coverage of over 7 million unique entities in Read more...
SEMIRARA Mining and Power Corp. (SMPC) on Monday reported a second-quarter attributable net income of P10.19 billion, which is 5.5% lower than the P10.78 billion net income reported a year ago. The decrease was attributed to reduced domestic coal sales, SMPC said in its second-quarter financial performance report. Meanwhile, the company’s consolidated revenues for the […]
RFM Corp. saw its profit surge by 14% to P1.2 billion in 2023, driven by robust sales, the listed food and beverage company said on Wednesday, citing its preliminary unaudited net income report. In a regulatory filing, RFM said that its 2023 net income marked an improvement from the P1.07 billion net income in 2022, […]