India: Shapoorji Pallonji Eyes Private Credit Deal

India: Shapoorji Pallonji Eyes Private Credit Deal

The Indian group of Shapoorji Pallonji (SP), a conglomerate of construction and real estate, negotiates with global funds of private credit to collect $ 3.3 billion, marking the largest private debt agreement in local currencies in the country. Funds will be used to refinance existing debt. The group is controlled by billionaire Shapoor Pallonji Mistry, … Read more

Nigeria Eyes Digital Assets for Revenue Boost

Nigeria

Nigeria’s governance of digital assets has progressed with the enactment of its taxation policy on digital currency transactions, as reported. The government’s aim is to improve revenue collection and incorporate digital assets into its fiscal system by levying a 10% tax on capital gains from cryptocurrency transactions. Government Pushes For Crypto Taxation According to Bloomberg, … Read more

Ethereum Eyes Potential Upward Move As Bullish Chart Pattern Remains Intact

Ethereum

Ethereum’s price fluctuations may be nearing its end in the short term, indicating a potential start of the much-anticipated major upward move to a new all-time high. Its upside capability to new highs is further supported by bullish indicators and key patterns cited on its chart. A Rally Incoming For Ethereum Shortly? In light of … Read more