Business
North-East Emerges as New Stock Trading Hub, Manipur Records Highest Rise in Client Base: Report
Traditionally states like Gujarat and Maharashtra used to have large equity investor base. The two states have seen witnessed yearly rise at around 25 per cent and 35 per cent respectively.
Malaysia Airlines Boss Says Will Have To Shut Down If Restructuring Plan Fails - Report
Malaysia Airlines will have to shut down if its lessors decide not to back its latest restructuring plan, the airlines' group chief executive was quoted as saying on Saturday.
Exclusive: Thyssenkrupp Opens Books In Sale Of Plant-building Unit
Thyssenkrupp has begun due diligence with potential bidders for its plant division as the German conglomerate accelerates a radical overhaul to sell or turn around ailing business units in the next two years, a top executive told Reuters.
RBI's Accommodative Stance, Liquidity Measures Have Analysts Divided on Next Rate Cut
While Abheek Barua, the chief economist at HDFC Bank expects a rate cut in the final policy review in February, principal economists at Icra Ratings Aditi Nayar rules out the same, saying the supply side boost to tame inflation is unlikely to have the des...
RTGS to Be Available 24X7 from December: RBI Governor Shaktikanta Das
In December 2019, the National Electronic Funds Transfer (NEFT) system was made available on a 24x7x365 basis.
Asian Shares Close In On 2-1/2-year Peak As U.S. Stimulus Hopes Return
Asian shares inched close to 21/2year highs on Friday as revived hopes for a U.S. stimulus deal eclipsed weakerthanexpected jobs data, while mainland Chinese markets jumped after a weeklong holiday.
Wall Street Firms See Fed Tapering Bond Buys Starting Next Year
Wall Street firms expect the Federal Reserve to start paring back its bondbuying next year, and phase it out completely by the second half of 2023, the New York Fed’s latest survey of primary dealers shows.
Two in 5 Indian Professionals Experiencing Increased Stress Due to Coronavirus, Says LinkedIn Survey
Findings of the latest LinkedIn survey showed that two in five (39 per cent) professionals are experiencing increased stress or anxiety due to COVID-19, and as the pandemic took hold only one in five professionals were offered more time off for well-being...
Many Powerful Reasons as to Why It's Risky to Permit Huawei in India: Ex-R&AW Chief
His assessment comes at a time when the government is yet to take a final decision on allocating radiowaves despite telecom operators applying for spectrum to start 5G trials.
Motley Fool To Close Hong Kong Business Due To Political Uncertainty
Investment news site Motley Fool will shutter its Hong Kong operations due to the uncertain political outlook in the Asian financial hub, according to a post on the company's website earlier this week.
U.S. Indicts Six More Chicken-industry Executives Over Alleged Price Fixing
The U.S. government has indicted six more chickenindustry executives over alleged pricefixing, broadening antitrust prosecutions in its probe of the $65 billion poultry sector.
Business, Labor Groups Urge G20 To Close "StimuluS Gap" In COVID-19 Crisis
The Group of 20 nations must offer poorer countries a longer freeze in debt payments and other help to protect the global economy from longterm scarring inflicted by the COVID19 pandemic, leading business and labor groups said.
Feds Fine Citigroup $400 Million Over Faulty Risk Management
Citigroup has agreed to pay a $400 million fine imposed by U.S. regulators for failing to shore up the bank's operations.
Edmunds Compares 2020 Honda CR-V And Toyota RAV4 Hybrids
The Toyota RAV4 Hybrid is the brands best-selling hybrid, with 2019 sales outpacing even those of the Prius. It provides significantly higher fuel economy an estimated 40 mpg combined than the regular RAV4 SUV with minimal compromise.
Indian Shares Flat; All Eyes On TCS Earnings, Buyback Decision
Indian shares were flat in early trade on Wednesday as investors awaited the secondquarter earnings season to be kicked off by IT bellwether Tata Consultancy Services, while fading hopes of a U.S. stimulus package weighed on the broader sentiment.
Billionaire Wealth Reaches New High During COVID-19 Pandemic - UBS
Billionaire wealth reached record high levels amid the COVID19 pandemic, a report by UBS and PwC found, as a rally in stock prices and gains in technology and healthcare helped the wealth of the world's richest break the $10 trillion mark.