The global B2B software market is on a remarkable trajectory, projected to reach $829.34 billion by 2031. This growth is fueled by an increasing demand for user-friendly and cost-effective software solutions. Industry professionals have witnessed firsthand how artificial intelligence has become a cornerstone of many B2B software products, enabling providers to adapt swiftly to customer…

The government's retrospective change to the CGST law, altering 'plant or machinery' to 'plant and machinery', may disrupt real estate companies' input tax credit claims. This amendment follows a Supreme Court ruling and could lead to industry-wide compliance challenges and potential litigations. The government has proposed a retrospective amendment to the Central Goods and Services…

The government's retrospective change to the CGST law, altering 'plant or machinery' to 'plant and machinery', may disrupt real estate companies' input tax credit claims. This amendment follows a Supreme Court ruling and could lead to industry-wide compliance challenges and potential litigations. The government has proposed a retrospective amendment to the Central Goods and Services…

The release of a less capital-intensive artificial intelligence model from China’s DeepSeek sent a chill through the U.S. stock market this week, headlined by losses Monday and Wednesday from Nvidia, the Silicon Valley giant which designs most of the pricey semiconductor technology powering the AI revolution. Nvidia stock ends Wednesday trading down 4% in a…

Driven by technological advancements, evolving workplace dynamics, and an ever-changing regulatory environment, significant shifts have emerged in how workers’ compensation claims are managed. The pace of change is unlikely to slow, prompting the need for adaptation in claims handling processes. This change is a contributing factor to the health of the workers’ comp industry, which…

Ally Financial will sell its credit card business to CardWorks and its bank subsidiary, Merrick Bank, for an undisclosed sum, the lenders announced Wednesday. Ally said this month that it was exploring “strategic alternatives” for its credit card business, after CEO Michael Rhodes indicated in December that it wasn’t part of its core focus. “Ally’s…

While a correction may be unexpected, drawdowns in the market are the norm. The S&P 500 has been in some form a drawdown 93% of the time since 1950 (in other words, 7% of all trading days have been at record highs). As highlighted below, drawdowns of less than 5% from a record high are…

This milestone underscores the trust and confidence that investors have placed in the company’s robust asset-light business model and long-term growth prospects in the affordable housing space. Nido Home Finance Limited, a leading player in the Housing Finance sector, announces the success of its recent Non-Convertible Debenture (NCD) issuance, which was significantly oversubscribed. The issue…

If you’re feeling shaky about your retirement savings, you’re not alone. According to a 2024 research report by the National Institute on Retirement Security, 79% of respondents agree there is a retirement crisis in the United States. If your savings fell short in 2024, the new year is a great time to get back on…

California businesses are suing to halt a new state law that bars them from requiring employees to attend anti-union meetings at work. The state’s Chamber of Commerce and California Restaurant Association filed the suit in federal court on New Year’s Eve, a day before the new law was to go into effect, seeking to block…