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user | US consumer spending dropped by a record in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression. The Commerce Department said on Friday consumer spending, which accounts for more than two-thirds of... | consumer spending plunges 13.6 percent in April. that was the biggest drop since the government started tracking series in 1959. consumer spending accounts for more than two-thirds of economic activity. economists polled by Reuters had forecast consumer spending plummeting 12.6 percent. a spokesman for the u.s. governm... |
user | Gold prices on Tuesday held on to last session's more than one-week high on concerns around U.S.-China relations and as rising violent protests in the United States stoked fears of a resurgence in virus cases, while optimism on reopening of economies checked their rise. Spot gold was flat at $1,739.48 per ounce, as of ... | gold prices hold on to last session's more than one-week high. gold is flat at $1,739.48 per ounce, as of 0344 GMT. gold is supported by fears of a resurgence in virus cases. gold is supported by fears that violent protests could worsen the spread of the virus. despite optimism about economies gradually reopening, gold... |
user | More than 2.5 crore people, a number greater than Australia's population, have applied for about 90,000 positions in India Railways, underlining the challenge Prime Minister Narendra Modi faces in providing millions of jobs ahead of an election in 2019. PM Modi was voted into power in 2014 on promises to reignite growt... | more than 2.5 crore people apply for about 90,000 positions in india railways. the railways are the world's fourth-largest network and employs 1.3 million people. the closing date for applications is Saturday. the railways are in the midst of a $130 billion modernisation plan. ad: 'we had to come out with an open adver... |
user | File image of the Reserve Bank of India's office Reserve Bank of India (RBI) Governor Shaktikanta Das on December 4 reiterated that commercial and co-operative banks can retain FY20 profit and not make any dividend payments. The objective was to help banks conserve cash to overcome the impact of COVID. While RBI had al... | RBI has asked banks not to make any dividend payments for the fiscal year ending March 2020. the objective was to help banks conserve cash to overcome the impact of COVID. RBI saw india's gross domestic product contracting by 7.5 percent in FY21 amid the economic disruptions. but nascent signs of recovery seen in secon... |
user | MUMBAI: State-owned Bharat Electronics Limited BEL ) and software provider, Tech Mahindra announced a partnership on Friday to design and build digital solutions for aerospace and defense applications. The companies signed a Memorandum of Understanding (MoU) at DefExpo India 2020, Lucknow , to jointly develop solutions... | Bharat Electronics and tech Mahindra signed a Memorandum of Understanding. the companies will jointly develop solutions in the field of defence products and systems for the armed forces. the collaboration will allow the companies to tap export opportunities. the companies will also use latest technologies in 5G and cyb... |
user | Domestic benchmark indices were in for a bumpy ride this week with many ups and down along the way. Starting the week equity markets tanked and lost 80% of the gains made in the previous week as investors lost Rs 5.8 lakh crore. From the closing levels of the previous week, S&P BSE Sensex tanked 2,000 points or 6% this... | domestic benchmark indices were in for a bumpy ride this week with many ups and downs. starting the week equity markets tanked and lost 80% of the gains made in the previous week. investors lost Rs 5.8 lakh crore as investors lost Rs 5.8 lakh crore. ICICI Bank was down 3%; SBI Bank tanked 8.7%. |
user | Even as measures to restart the stalled Indian economy from May onwards are being debated, serious labour shortages are being predicted. And as stranded workers are being allowed to go home, corporate heads are scratching their heads on how to restart the business. Obviously there are operational challenges, but we are... | serious labour shortages are being predicted as companies try to restart the economy. the lockdown has left a huge question mark on the possibility of restarting businesses. a vaccine works by mimicking a natural infection. a vaccine helps quickly build herd immunity to put an end to the pandemic. a vaccine works by mi... |
user | Amid Boardroom Feuds, Spotlight Falls on Women As more women take up senior leadership roles in India Inc, their visibility in boardroom battles is also rising. In a clear break from the past, women are playing key roles in several ongoing boardroom conflicts, or family disputes that may extend into the boardroom, refl... | women playing key roles in boardroom conflicts, or family disputes. rise in visibility in boardroom conflicts reflecting the number of women in positions. Tesla willing to invest up to $2 billion for setting up a local factory. government approves 15% duty on imported vehicles during first two years of operations. if g... |
user | live bse live nse live Volume Todays L/H More × When bear strikes, you can see share prices falling hard and market values getting lower. Mentally, this may trigger your sense to “buy low”, which is generally a smart thing to do, Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor, s... | the Nifty50 closed with gains of over 1% last week amid high volatility due to June F&O expiry. the July series has started with a volatile session but managed to close in the positive note. the trend looks bullish, but Nifty may face hurdles at 10,550. in the near-term geopolitical issues and an increasing number of c... |
user | By Smita Purushottam China has grown immeasurably powerful over the last two decades, having placed science & technology (S&T) at the core of its developmental and military strategy. China invests 2.2% of its GDP on R&D ($496 billion), dwarfing India’s $50 billion (PPP figures, 2017). It is closing in on the American R... | china invests 2.2% of its GDP on R&D ($496 billion), dwarfing India's $50 billion. it is closing in on the american R&D spend of $549 billion. xi has unhesitatingly flexed its new-found muscle, to which the sacrifice of our soldiers on the border bears tragic witness. |
user | ITEM 1. BUSINESS Baker Hughes, a GE company, LLC (BHGE LLC, the Company, we, us, or our) is an energy technology company with a diversified portfolio of technologies and services that span the energy and industrial value chain. We conduct business in more than 120 countries and employ approximately 68,000 employees. Th... | Risk Factors” in this Annual Report on Form 10-K.
Baker Hughes, a GE company, LLC is an energy technology company with a diversified portfolio of technologies and services that span the energy and industrial value chain. In June 2018, GE announced their intention to pursue an orderly separation from Baker Hughes over ... |
user | Inflation based on wholesale prices shot up to a 14-month high of 4.43 per cent in May on increasing prices of petrol and diesel as well as vegetables. The Wholesale Price Index (WPI) based inflation stood at 3.18 per cent in April and 2.26 per cent in May last year. According to government data released today, inflati... | wholesale price index (WPI) based inflation stood at 3.18 per cent in April. inflation in food articles was at 1.60 per cent in may 2018, according to government data. inflation in 'fuel and power' basket rose sharply to 11.22 per cent in may. potato inflation was at a peak of 81.93 per cent, against 67.94 per cent in ... |
user | By Amit Kapur In the novel coronavirus pandemic, we are battling the most daunting challenge faced by human civilisation. We have no precedents or playbook to go by. The authorities, businesses, and civil society are engaged in a battle to survive an unprecedented lockdown where the Disaster Management Act, 2005 has be... | amit kapur: we are battling the most daunting challenge faced by human civilisation. he says we must preserve the "core" of our economy to be able to stabilise, rehabilitate, revive later. he says contracting is a key element of our daily lives, and is a key part of our economy. kapur: we must not be afraid to ask for ... |
user | Transcript Hi there! From ETMarkets.com, this is Abhinav Kaul with Your Evening Briefing. LET’S START WITH THE TOP HEADLINES AT THIS HOUR >> Sensex gives up 1,300-pt gains despite RBI’s $50b bazooka >> Reserve Bank cuts repo rate to lowest ever at 4.4% >> Moody's slashes India’s GDP growth for 2020 to 2.5% >> Govt rais... | Sensex closed 131.18 points lower at 29,815.59, while Nifty rose 18.80 points to close at 8,660.25. yes bank pared gains to close 0.94 per cent down after the lender approved a proposal to raise Rs 5,000 crore. yes slid 0.94 per cent down after the lender approved a proposal to raise Rs 5,000 crore. |
user | Mutual fund investors are facing a crisis of confidence. It is increasingly becoming difficult for them to make sense of a volatile stock market, and the happenings in the debt mutual fund space.of ETMutuaFunds.com spoke to, MD & CEO, ICICI Prudential Mutual Fund , to find out how he views the current situation. "No on... | ICICI Prudential's md & CEO says the market is likely to remain volatile. he says it is best for investors to bear in mind that the equity markets are likely to remain volatile. the role of global central banks in equity markets has been understated. he says there are streaks of silver options among various categories ... |
user | Germany Germany has bounced back from an early 2018 slowdown, official data showed today, as the pace of growth accelerated despite the rumblings of a trade war that could trip up its export led economy. Growth rebounded from its first quarter slide to reach 0.5 percent quarter-on-quarter between April and June, accord... | growth in germany accelerated to 0.5 percent quarter-on-quarter. growth boosted by "positive domestic impulses" in domestic consumption. growth boosted by trade war rumblings. u.s. president obama has vowed to reopen talks with europe. a u.s.-led coalition is preparing to take over the eu. |
user | the country's economy got a big benefit from farming, there was a huge jump in sales of tractors Summarise this report in a few sentences. | tractors saw a huge jump in sales, a huge jump in the country's economy. tractors were also a big benefit to the country's economy. tractors were also a big help to the country's economy. tractors were also a big help to the country's economy. tractors were also a big help to the country's economy. |
user | China and the US crossed swords Saturday ahead of an APEC summit, duelling over protectionism, trade tariffs and “chequebook diplomacy” as they laid out sharply contrasting visions for the Pacific Rim region. In combative back-to-back speeches at a business forum held on a hulking cruise ship moored in Port Moresby, Xi... | Xi and vp pence clash over trade tariffs and "chequebook diplomacy". feisty exchanges lay the ground for what could be a fiery encounter. Xi lashed out at "America First" trade protectionism. vp vowed the us would join forces with australia in the development of a new naval base. |
user | Top non-banking finance companies are set to resume sanctioning fresh loans in June with sentiment boosted by the government stimulus and easing of the lockdown, even as they tread cautiously, aware that repayment capacities may have weakened with job losses and income declines. The Edelweiss Group, Mahindra Finance, I... | the economy had come to a standstill following a nationwide lockdown. the economy had come to a standstill following the lockdown. the companies expect double-digit loan growth in the September quarter or early in the December quarter. microfinance firms have also started disbursing emergency loans to help grassroots b... |
user | Picture for representation (Image: Pexels) The government will carry out a massive Rs 70,000 crore rural road-building project that will connect vegetable markets to nearby villages, according to a Business Standard report. The report noted that the project would seek to build roads spanning 125,000 km, 40 percent of w... | the government will carry out a massive Rs 70,000 crore rural road-building project. the project would seek to build roads spanning 125,000 km, 40 percent of which would be funded by the states. the improved connectivity is expected to allow for a smoother movement of produce. the improved connectivity is expected to a... |
user | WASHINGTON: Only a few of America's CEOs have made public statements about President Donald Trump 's refusal to accept his election loss, but in private, many are alarmed and talking about what collective action would be necessary if they see an imminent threat to democracy.On Nov. 6, more than two dozen CEOs of major ... | executives of major corporations took part in video conference on election day. they agreed that if he refuses to leave office, they would press for judicial process. if he refuses to leave office, they would press for investigations. if he refuses to leave office, they would press for judicial process. if he refuses t... |
user | Amid Boardroom Feuds, Spotlight Falls on Women As more women take up senior leadership roles in India Inc, their visibility in boardroom battles is also rising. In a clear break from the past, women are playing key roles in several ongoing boardroom conflicts, or family disputes that may extend into the boardroom, refl... | women playing key roles in boardroom conflicts, or family disputes. rise in visibility in boardroom conflicts reflecting the number of women in positions. Tesla willing to invest up to $2 billion for setting up a local factory. government approves 15% duty on imported vehicles during first two years of operations. if g... |
user | Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website Indian School of Business ISB Product Management Visit Indian School of Business ISB Digital Transformation Visit IIM Kozhikode IIMK Advanced Data Science For Managers Visit Washington: The Indian IT industry is an important stakeho... | Indian envoy says Indian IT industry contributes to competitiveness of american operations. he says the firms have created thousands of jobs in the us. he praises recent passage of a bill by the u.s. government to increase immigration. he says the bill will help create a "global workforce" for the u.s. and india. |
user | Retail inflation jumped to 7.34 per cent in September, mainly on account of higher food prices, official data showed on Monday. It's the highest level of inflation which has been recorded since January this year. The rate of price rise in the food basket was 10.68 per cent in September compared to 9.05 per cent in Augu... | retail inflation jumped to 7.34 per cent in September, highest level recorded since January. consumer price index (CPI) based retail inflation was at 6.69 per cent in august. inflation in vegetables stood at 20.73 per cent as against 11.41 per cent in august. RBI has mandate to maintain annual inflation at 4% until mar... |
user | Mumbai: BNP Paribas is overweight India in its Asia ex-Japan universe, and expects BSE benchmark Sensex to touch 44,500 by the end of 2020."India, despite its sharp economic slowdown, offers high quality compounders and a few attractively valued candidates poised for a potential recovery," Manishi Raychaudhuri, Asia Eq... | India is a "high quality compounder" and "poised for a potential recovery," says analyst. despite its sharp economic slowdown, india offers "high quality compounders" stagflation is a risk, as is the emerging risk of stagflation. the year 2020 promises to be similar, though slightly less so. if the US Federal Reserve c... |
user | NEW DELHI: India and Singapore will have to improve connectivity in a post-corona world to boost bilateral trade ties , the Indian envoy to the Southeast Asian nation said Friday, asserting there is a "clear indication to us" that they want to diversify their supply chains and India is a priority.High Commissioner to S... | high commissioner to Singapore Jawed Ashraf says connectivity is an important way of improving tourism and investment. he says there is a "clear indication to us" that Singapore wants to diversify supply chains. he says India can look to bolster ties with the city-state in manufacturing pharmaceuticals, electronics and... |
user | Sandip Sen is a widely published journalist and the author of India Emerging : From Policy Paralysis to Hyper Economics published by Bloomsbury in April 2019. His book “The Inside Story of Indian Banking” is expected to be published by Rupa in the summer of 2020. LESS ... MORE Replacing Chinese products is easier said ... | after liberalisation of the nineties, India has become one of the largest markets for computers, telephones, bulk drugs, organic chemicals, solar energy and electric vehicles. but it has not developed core manufacturing capability and has been a peripheral assembler where over 50 % of the critical components have to be... |
user | Dear Readers, The US markets chose to sell off on Thursday, ironically at a time when the US Composite Purchasing Managers Index (PMI) for August came in at a solid 54.6, after a steady 50.3 in July. The seasonally adjusted composite PMI is a snapshot of economic conditions in the private sector in both manufacturing a... | the US composite Purchasing Managers Index (PMI) for August came in at 54.6, after a steady 50.3 in July. a reading above 50 signifies expansion from the previous month, while one below 50 denotes contraction. the US is not the only economy to see expansion in its composite PMI. china, Russia, the UK, the eurozone all ... |
user | WASHINGTON - A record 26 million Americans likely sought unemployment benefits over the last five weeks, confirming that all the jobs created during the longest employment boom in U.S. history were wiped out in about a month as the novel coronavirus savages the economy Thursday's weekly jobless claims report from the L... | a record 26 million people likely sought unemployment benefits over the last five weeks. the figure would bring the cumulative unemployment benefits claims to roughly 26.2 million. the economy created 22 million jobs during the longest employment boom in u.s. history. the economy wiped out all the job gains during the ... |
user | LVB jumps 5% after Cabinet approves merger with DBS India ONGC surges over 6% oil prices rally to highest since early March Union Bank surges 4% on Rs 1,000 crore fundraising plan India VIX, indicator of volatility, surges 10% to rise above 23-level 161 stocks hit 52-week highs: Firstsource, Tata Power, HDFC Bank, Tata... | ONGC is biggest gainer amid fourth straight day of gain in crude oil prices. ONGC shares rise 5.91 per cent to Rs 80.60. ONGC shares rise 5.91 per cent to Rs 80.60. ONGC shares rise 5.91 per cent to Rs 80.60. ONGC shares rise 5.91 per cent to Rs 80.60. |
user | The ongoing COVID-19 pandemic has greatly impacted daily lives and the economy at large owing to the global lockdown and physical distancing measures in place. While globally and in Maharashtra, the healthcare systems have scaled up to meet this unprecedented challenge, the economic response will determine the long-ter... | Maharashtra industrial development corporation held virtual roundtable discussion with the UK-India Business Council (UKIBC) agenda of the roundtable was to reiterate Maharashtra’s commitment towards India-UK relations. delegates also appraised of various policy interventions and initiatives undertaken by the state. a ... |
user | Markets regulator Sebi today imposed a penalty of Rs 25 lakh on two promoters of financial services firm Parsoli Corporation Ltd (PCL) for failing to make a public offer to acquire shares from the public. The promoters are Zafar Yunus Sareshwala and Uves Yunus Sareshwala. In an order, Sebi said the promoters “have fail... | promoters failed to make public offer to acquire shares from public. sebi imposed a penalty of Rs 25 lakh on the promoters. sebi also fined two promoters for fraudulent trading in shares. a total fine of Rs 10 lakh was also imposed on two promoters. the firm has been restraining from the securities market for seven yea... |
user | Pangolins that were smuggled into China carry coronaviruses that are closely related to the one behind the COVID-19 pandemic, according to a study which sheds more light on the origins of the deadly virus. However, the study, published in the journal Nature, said the degree of similarity between the virus in the small ... | study says degree of similarity between virus in small anteater mammals and one causing the pandemic is not sufficient to suggest that the animals are intermediate hosts behind the current outbreak. sale of pangolins in wildlife markets should be strictly prohibited to minimise the risk of future virus transmission to ... |
user | Unlock Leadership Excellence with a Range of CXO Courses Offering College Course Website IIM Kozhikode IIMK Chief Product Officer Programme Visit Indian School of Business ISB Chief Digital Officer Visit IIM Lucknow IIML Chief Marketing Officer Programme Visit There is definitely a niggling bit of worry. We understand ... | a whole lot of expectations are being built around this Budget. a lot of investors are worried about the fiscal constraints. a lot of investors are also worried about the impact of the dilution in subsidiaries. a lot of investors are also worried about the impact of the dilution on the ICICI bank. a lot of investors ar... |
user | Given the mammoth `19-lakh-crore fund requirement for building 60,000 km highway in five years ending 2023-24, the government needs to augment its own sources and leverage other mechanisms such as value-capture financing (VCF) and raise debt from multilateral funding institutions (MFIs), professional services firm KPMG... | 19-lakh-crore fund requirement for building 60,000 km highway in five years. likely options to raise capital are bonds, masala bonds and debts from MFIs. monetisation techniques like invits and securitisation of toll revenues can also be explored. BJP proposes to build 60,000 km highways in five years at an average con... |
user | Asian stocks edged up on Thursday as robust corporate earnings helped Wall Street quell concerns over a surge in U.S. bond yields, while the dollar hovered near three-month highs against a basket of currencies. MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.09 percent. Australian stocks were flat... | the index of Asia-Pacific shares outside Japan edged up 0.09 percent. the dollar hovered near three-month highs against a basket of currencies. the euro fetched $1.2169 after sliding to $1.217 after a week of lows. the euro fetched $1.217 after sliding to $1.217 after a week of lows. |
user | Migrant workers raise their hands as policemen ask them for their destination as they wait for buses along a highway with their families during a 21-day nationwide lockdown to limit the spreading of coronavirus disease in Ghaziabad, on the outskirts of New Delhi. (Image: Reuters) The reaction to the exodus of hundreds ... | migrant workers appear to have been invisible to our policy makers too. if the administration had announced at the time of the lockdown that they would be providing shelter and food and a dole, many would have stayed back. if the administration had announced at the time of the lockdown that they would be providing shel... |
user | Amid Boardroom Feuds, Spotlight Falls on Women As more women take up senior leadership roles in India Inc, their visibility in boardroom battles is also rising. In a clear break from the past, women are playing key roles in several ongoing boardroom conflicts, or family disputes that may extend into the boardroom, refl... | women playing key roles in boardroom conflicts, or family disputes. rise in visibility in boardroom conflicts reflecting the number of women in positions. Tesla willing to invest up to $2 billion for setting up a local factory. government approves 15% duty on imported vehicles during first two years of operations. if g... |
user | Canada's coronavirus death toll is set to soar from more than 500 currently to as high as 22,000 by the end of the pandemic, health officials said on Thursday, while the economy lost a record 1 million jobs last month. Prime Minister Justin Trudeau said the country would not return to normal until a vaccine is develope... | coronavirus death toll set to soar to 22,000 by end of pandemic, officials say. government says country will not return to normal until a vaccine is developed. there have been nearly 21,000 positive diagnoses so far. a vaccine works by mimicking a natural infection. a vaccine helps quickly build herd immunity to put an... |
user | The Indian fell 32 paise to 75.21 against the US dollar in opening trade on Monday, as investors braced for a prolonged period of uncertainty as coronavirus-induced lockdowns tightened across the world and in India. Forex traders said weak opening in domestic equities dragged the local unit amid mounting fears of a cor... | rupee opens weak at 75.17 and then falls further to 75.21. rupee could track weak regional equities which resumed their fall this morning. tally of confirmed coronavirus cases crosses 1,000-mark in india. domestic bourses open on negative note with Sensex trading 771.92 points down. a dollar index rose by 0.34 per cent... |
user | Insurance sector watchdog Irdai to seek details from the country’s insurance behemoth Life Insurance Corporation of India (LIC) on IL& FS investments, according to ETNow.The regulator will seek LIC’s plan to protect its interest and policy holders’ money, sources told ETNow.LIC has close to 25 per cent stake in IL&FS. ... | regulator will seek LIC’s plan to protect its interest and policy holders’ money. LIC has close to 25 per cent stake in IL&FS. the stake was a transfer of UTI holdings in the company held through SUTTI. LIC exposure to IL&FS stands at Rs 2,000 crore. IL&FS, a debt-laden infrastructure financing and construction company... |
user | From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani's Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy made more urgent by the coronavirus pandemic. For Indian shoppers who prefer to order online, it is launching a grocery ord... | a new service is being launched for grocery ordering and same-day release. the company is launching a smartphone ordering service with facebook's popular WhatsApp messaging. the company's digital business has raised a striking $10 billion from global investors. the investment puts the company on track toward a goal. a ... |
user | Safari operator Pankaj Shah would normally be showing tourists around the beauty spots of his native Kenya. Instead, he is spearheading a volunteer effort to feed thousands of families left penniless when the new coronavirus devastated the economy. “One old woman told us she hadn’t eaten for days - her sons had stopped... | a local school, shuttered by the virus, offered its premises as headquarters. a vaccine works by mimicking a natural infection. it also helps quickly build herd immunity to put an end to the pandemic. a vaccine works by mimicking a natural infection. a vaccine works by mimicking a natural infection. a vaccine not only ... |
user | business AMFI March data: Liquid funds most hit; inflows into equity funds surge despite volatility The suffering category was Hybrid schemes category. Within this category, Balanced funds' category registered outflows of Rs 1,515 crore and Arbitrage Funds saw a huge unprecedented outflow of Rs 33,767 crores in March. ... | inflows into equity funds surge despite volatility. suffering category was Hybrid schemes. Arbitrage Funds saw huge outflow of Rs 33,767 crores. despite volatility, liquid funds' category registered outflows of Rs 1,515 crore. despite this, the market is still largely positive. a softer market is expected to emerge in ... |
user | By AK Verma COVID-19 has created a complex maze of power financing. Demand is down 28%, and consumption has fallen 25%. The downside may persist even after the lockdown as subdued economic activity would take around a year to regain. As an essential service power supply and maintenance continue but metre reading, billi... | COVID-19 crisis could reduce immediate collections by about Rs 1 lakh crore. discoms with financial losses of Rs 27,000 crore in FY19 likely to make higher losses in FY20 and FY21. gencos owed Rs 76,000 crore as of January 2020 as overdue payments. gencos would defer debt servicing payments per RBI guidelines. |
user | NEW DELHI: The government promulgated an ordinance on Friday to suspend three sections in the Insolvency and Bankruptcy Code to prevent companies from being forced into insolvency proceeding due to debt default triggered by the Covid-19 crisis.Corporate insolvency resolution filing will be suspended for six months for ... | the government has suspended three sections in the insolvency and bankruptcy code. the suspension will remain in force for six months or "such further period, not exceeding one year from such date, as may be notified in this behalf" a nationwide lockdown is in force since march 25, 2020 to combat the spread of the pand... |
user | By Barendra Kumar Bhoi Although securing life and livelihood together is a challenging job, wisdom lies in converting challenges into opportunities. The Modi government’s endeavours have been to fight the pandemic head-on and simultaneously support the economy from collapsing. It announced a comprehensive Atmanirbhar B... | the government announced a comprehensive atmanirbhar Bharat package of Rs 20 trillion in five tranches during may 13-17. the package carries the blueprint of the government's vision for a new india in the medium term. many experts wonder as to how the government would finance the Rs 20 trillion package proposed in phas... |
user | Representative image Anisha Chand and Anmol Awasthi Today, nearly everything we do has a digital touch to it. Our lives are so entwined with the internet that it would be quite apt to describe ourselves as netizens of a digital era! The rapid digital transformations have challenged several existing legislations which w... | social media giant Facebook acquired WhatsApp in 2014. deal was worth $19 billion but did not require antitrust approval in many jurisdictions since it did not trip the merger thresholds. deal requires pre-clearance from the Competition Commission of India (CCI) in new-age markets where disruptive innovation is the nor... |
user | There are no revisions to the slab rates. However, individuals with taxable income exceeding INR 2 crore but upto INR 5 crore would be subject to a surcharge of 25 percent and those with taxable income of more than INR 5 crore would be subject to a surcharge of 37 percent of taxes. The surcharge rate applicable for the... | taxable income exceeding INR 2 crore but upto INR 5 crore would be subject to a surcharge of 37 percent of taxes. the government has proposed to allow interchangeability of PAN and Aadhaar. interest paid on housing loans borrowed between April 2019 and March 2020 would be eligible for a deduction of INR 1.5 lakh. to pr... |
user | While the rest of the economy is tanking from the crippling effects of the coronavirus, business at the biggest technology companies is holding steady — even thriving. Amazon said it was hiring 100,000 warehouse workers to meet surging demand. Mark Zuckerberg, Facebook’s chief executive, said traffic for video calling ... | amazon is hiring 100,000 warehouse workers to meet surging demand. Microsoft said the numbers using its software for online collaboration had climbed nearly 40% in a week. a vaccine works by mimicking a natural infection. a vaccine not only induces immune response to protect people from any future COVID-19 infection, b... |
user | New Delhi: The RBI has not asked banks and non-banking financial institutions to raise capital to brace for a possible pile up in bad debt in the coming months, Minister of State for Finance Anurag Thakur informed the Rajya Sabha . However, he said, "banks and non-banking financial institutions are required to maintain... | RBI has not asked banks and non-banking financial institutions to raise capital. but anurag Thakur said banks must maintain capital as per prudential capital adequacy norms on an ongoing basis. the economic impact of the pandemic may result in higher non-performing assets and capital erosion of banks. the government ha... |
user | The idea of self-reliance or Aatmanirbharta does not mean seeking self-centred arrangements or turning the country inwards and its primary aim is to ensure India’s position as a key participant in global supply chains, pointed out Foreign Secretary Harsh Vardhan Shringla dismissing all claims that the policy will make ... | the aim of Aatmanirbharta is not seeking self-centred arrangements. it is to ensure India's position as a key participant in global supply chains. the foreign secretary dismissed all claims that the policy will make India protectionist. he was addressing the Institute of Chartered Accountants of India on Implementing t... |
user | Hero MotoCorp, the country’s largest two-wheeler manufacturer, is gearing up to roll out at least two new 125cc scooters in the domestic market over the next two months. The first one will hit showrooms of a chosen cluster next week and the second will perhaps debut in December, a senior company executive told analysts... | the first one will hit showrooms of a chosen cluster next week. the second will perhaps debut in December. the company has decided to play it safe with the launches. the first scooter will be launched only in one market to begin with. the company failed to ramp-up production of the maestro scooter in time. due to that,... |
user | US President Donald Trump signed an executive order to suspend immigration temporarily for 60 days to tackle the rising unemployment in the wake of COVID-19. The ban only impacts green card applicants temporarily and will not affect H-1B holders, according to the order. But is that really the case? The move may very we... | the temporary ban only impacts green card applicants temporarily and will not affect H-1B holders, according to the order. the move may very well result in long-term immigration reforms given that the number of unemployed Americans is now at 26 million. there are plans afoot to bring in more broad-based changes includi... |
user | India's unemployment rate jumped to 9.90 per cent in the week ending December 13, recording a 23-week high, latest weekly data from CMIE said. It's a sharp reversal from the trend of a decreasing unemployment rate in the preceding weeks. The joblessness rate in the week ending December 6 was 8.43 per cent. The data rel... | the joblessness rate in the week ending December 13 was 9.90 per cent. the week ended 14 June saw the highest joblessness rates. the unemployment rate for the month of November 2020 stood at 6.51 per cent. the unemployment rate for the month of November 2020 stood at 6.47 per cent. the country had opened up after two m... |
user | A second stimulus package India is poised to announce in coming days will be worth around Rs 1 lakh crore ($13 billion) and focus on help for small and medium businesses weathering the coronavirus outbreak, two senior officials said on Wednesday. "The second package could be focussed largely on MSMEs," one of the senio... | second stimulus package to be announced in coming days. package will focus on help for small and medium businesses weathering coronavirus outbreak. last month, india outlined a Rs 1.7 lakh crore ($22.6-billion) economic stimulus plan. a vaccine works by mimicking a natural infection. a vaccine helps quickly build herd ... |
user | Rising incomes, increasing awareness and high aspirations in rural areas spell big opportunity for several retailers who are making a beeline for tier II and tier III towns. As these locations are unexplored and real estate costs here are 30-40% lower than those in metros and tier I cities, retailers are all the more i... | retailers are making a beeline for tier II and tier III towns. real estate costs are lower in these locations and real estate costs are lower. Currently, Shoppers Stop has 83 stores operational in 38 cities. international brand Hennes & Mauritz (H&M) India opened one store in mysuru. in may, a store in aurangabad opene... |
user | Sensex, Nifty Updates Sensex and Nifty closed majorly bullish on Thursday, amid positive global European and Asian equities. Positive news around the development of a potential coronavirus vaccine also kept gain momentum in equity markets worldwide. Extending gains for second straight session, Sensex closed 429 points ... | Sensex and Nifty closed majorly bullish on Thursday, amid positive global equities. positive news around the development of a potential coronavirus vaccine kept gain momentum. yesterday, benchmarks closed majorly bullish. Sensex closed 498.65 points, or 1.43 per cent, up at 35,414.45, while the NSE Nifty settled 127.95... |
user | Unlock Leadership Excellence with a Range of CXO Courses Offering College Course Website IIM Lucknow IIML Chief Executive Officer Programme Visit IIM Lucknow IIML Chief Operations Officer Programme Visit IIM Lucknow IIML Chief Marketing Officer Programme Visit In the mid and smallcap segments, on a stock specific basis... | there is considerable opportunity for wealth creation over the next 18 to 24 months, says a fund manager. there is still not much visibility of revival of demand, especially in the BFSI end. there is still a lot of question marks both on growth and margins. the key to watch out for the IT names was the commentary from ... |
user | A week after India launched the auction process for coal blocks for commercial mining, UN Secretary General Antonio Guterres has said there is no reason for any country to include coal in their COVID-19 recovery plans and investments should instead be made in non-polluting energy sources. Guterres on Thursday presented... | a week after india launched the auction process for coal blocks for commercial mining, the UN secretary general says there is no reason for any country to include coal in their COVID-19 recovery plans. he says investments should instead be made in non-polluting energy sources. sources in the UN say the remark is in ref... |
user | live bse live nse live Volume Todays L/H More × The benchmark indices clocked gains of about a percent only in December. In the whole of 2019, Nifty gained about 15 percent backed by favourable global cues and government measures to boost economy. The momentum is expected to continue in the coming months, at least till... | the benchmark indices clocked gains of about a percent only in December. momentum is expected to continue in the coming months, at least till the Union Budget 2020. moneyontrol have collated a list of 15 stocks where various brokerage firms initiated coverage in December. a broader range of stocks are expected to be a ... |
user | NEW DELHI: As overseas investors return to place heavy bets on domestic equities, a host of FPI-favourite stocks are on a roll. This clearly suggests global liquidity has been the main driving force behind the latest leg of the stocks rally.Data showed seven of every 10 heavily FPI-owned BSE500 scrips have managed to b... | seven of every 10 heavily FPI-owned BSE500 scrips have beat Sensex's 3 per cent rise so far in august. some of these stocks have rallied as high as 90 per cent. August has seen highest FII inflows to Indian equities in 118 months. 'fpi's' buying was largely concentrated in oil & gas, IT, auto, pharma and insurance sect... |
user | Lina Krakue, 49, never wanted to clutter her bathroom or dresser with creams or supplements that looked like prescriptions from the doctor. But when she went shopping for wellness products related to menopause, that’s exactly what she found. “I went into the store, I think I ran out clutching my purse," says Krakue, an... | arfa is launching a line of beauty and wellness offerings designed for perimenopausal and menopausal women. last year, an AARP survey found that 70% of women 40 and older wanted to see more perimenopausal and menopausal beauty and personal grooming products. a variety of menopause wellness brands have debuted to addres... |
user | Life Insurance Corporation of India (LIC), which currently has 51% stake in IDBI Bank, could bring it down well ahead of the 12 year period stipulated by the Reserve Bank of India (RBI). Officials of the country’s largest life insurance company said that Department of Investments and Public Asset Management (DIPAM) is ... | LIC has 51% stake in IDBI Bank. currently has 12 years to bring down stake. LIC believes there is going to be paradigm shift in the Indian insurance industry in the current year. growth of first year premiums for the industry has been down by 28% due to novel coronavirus. LIC is currently looking to invest in blue-chip... |
user | live bse live nse live Volume Todays L/H More × Ashish Chaturmohta Markets have been volatile for the last few days, and June 17 was no different with 100 points swing on either side. Nifty finally settled at 9,881 down by 0.33 percent for the day. Broader market indices, BSE Midcap and Smallcap, outperformed benchmark... | Nifty settled at 9,881 down by 0.33 percent for the day. broader market indices, BSE Midcap and Smallcap, outperformed benchmark indices with a gain of 0.32 percent and 0.71 percent, respectively. the market breadth on NSE was in favour of bulls with an advance-decline ratio of 5:4. |
user | New Delhi: The government on Friday said it has invited public comments for introducing adoption of E20 fuel to promote green fuel like ethanol. Adoption of E20 fuel means blending of 20 per cent of ethanol with gasoline as an automotive fuel.The move assumes significance in the wake of Transport Minister Nitin Gadkari... | the government has invited public comments for introducing adoption of E20 fuel. it means blending of 20 per cent of ethanol with gasoline as an automotive fuel. the move will help reduce the oil import bill, thereby saving foreign exchange. the transport minister stressed on promoting green fuel like ethanol. he said ... |
user | Sebi has banned Greenbang Agro and its 10 current and former directors from the securities market for at least four years and directed them to refund the money the company had collected illegally from the investors. According to a Sebi order dated June 15, Greenbang Agro had allotted secured redeemable non-convertible ... | greenbang Agro and its 10 current and former directors banned from securities market. sebi orders them to refund money collected illegally from investors. firm and directors have to "jointly and severally" refund money to holders. they would be banned from the markets for a period of four years. a debenture trustee for... |
user | The market snapped a four-day winning streak on April 3 with the BSE Sensex closing below the psychological 39,000 levels. Caution ahead of RBI monetary policy on April 4 and Skymet forecast of a below-normal monsoon in 2019 led to the decline. The selling in the last hour of trade dragged BSE Sensex 179.53 points to 3... | the market snapped a four-day winning streak on April 3 with the BSE Sensex closing below the psychological 39,000 levels. Caution ahead of RBI monetary policy on April 4 and Skymet forecast of a below-normal monsoon in 2019 led to the decline. the Nifty 50 failed to hold its all-time high of 11,761 touched earlier in ... |
user | Item 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK Market Risk We are exposed to market risk consisting of foreign currency rate fluctuations and changes in interest rates. We are exposed to foreign currency exchange rate fluctuations in our operating statement due to transactions denominated primarily... | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK is a disclosure of the market risks faced by the company, including foreign currency rate fluctuations, changes in interest rates, and the impact of these changes on net sales, income from continuing operations before taxes, and gain on contract sales. The comp... |
user | NEW DELHI: Singapore-based venture capital firm Beenext has announced the close of two new funds, totalling a corpus of $160 million (Rs 1,213 crore), with a third of it dedicated towards India, a geography where the early-stage investor has been an active participant.The first fund—Beenext Emerging Asia Fund—has raise... | first fund has raised $110 million, and will allocate an estimated $55 million to India. the second fund, which has raised $50 million, will exclusively focus on investing in SaaS businesses in Japan. beenext has been investing in India since 2015, in the process, backing a number of homegrown ventures including Bharat... |
user | Mushrooming urban slums and the exodus of migrant workers during the two-month lockdown period highlight the failure of urban planning in India, says billionaire realty mogul K P Singh, adding that real estate business can be a major driver for reviving the economy in the post-COVID world. “One of the most important se... | realty mogul says real estate business can be a major driver for reviving economy. he says the real estate sector has the potential to absorb a large number of unemployed people. he says the demand slowdown is not due to demonetisation, the GST and the new realty law. he says the real estate sector generates most direc... |
user | With more focus on developing India’s blue economy and the Indian Ocean becoming an important theatre of activity, there is a need to have a strong security infrastructure in the region. India is looking at expanding its maritime resources in terms of fisheries and minerals. Defence Secretary Dr Ajay Kumar in his talk ... | defence secretary dr ajay Kumar spoke on the blue economy in the ios. he said the government is looking at tapping the waters for fisheries. the government is also looking at tapping the waters for energy. he said the navy is an important area and the security of which has to be catered to. lateral induction is also be... |
user | New Delhi: A total of 110.5 million viewers in India watched the FIFA World Cup tournament, the official broadcaster Sony Pictures Networks India (SPN) said. The tournament which kicked off on 14 June had 64 live matches aired across Sony Ten 2, Sony Ten 3 and Sony ESPN channels. The final match between France and Croa... | 64 live matches aired across Sony Ten 2, Sony Ten 3 and Sony ESPN channels. final match between France and Croatia held on 15 July was watched by 51.2 million viewers. 70 million viewers watched the tournament on SPN’s video streaming platform SonyLIV. total cumulative reach for the FIFA World Cup 2018 on SPN was 254 m... |
user | New Delhi: Pakistan International Airlines PIA ) that once transported the country’s diaspora to USA, Europe and Gulf is facing its worst turbulence and is in deep trouble.Pakistan International Airlines (PIA) net loss of Rs. 19.26 billion, increased by 54.08 percent in 2020 compared with the last year.Over and above t... | PIA was once transported the country's diaspora to USA, Europe and Gulf. licences of over 50 of its 800-plus pilots have cancelled. FDI in Pakistan turned negative at $16 million in November. FDI during the July-November period decreased by 17 per cent. the pak government paid $11.895 billion in external public debt se... |
user | Paderu (Andhra Pradesh): Here's the dope on a big business: Nearly 1,000 villages devote 10,000 acres to a plant used to make a product that commands a price of Rs 40,000 per kg in major urban markets. The plant is cannabis. The place is Paderu, Andhra Pradesh – India’s cannabis capital, the centre of eight mandals or ... | narcotic cannabis, aka marijuana, is a psychoactive drug produced from the cannabis plant. it's illegal in india, under the Narcotic Drugs and Psychotropic Substances Act (NDPS), 1985. in 2017, india’s drug enforcement authorities seized 3.5 lakh kg of cannabis. narcotics cops are set to launch a major operation agains... |
user | The market hit record highs in November. The S&P BSE Sensex rallied above 44000 to hit a record high of 44,827 for the first time in history while the Nifty50 surpassed Mount 13K to hit a record high of 13,145. Benchmark indices posted their best monthly return since April 2020. The S&P BSE Sensex rose 11.4 percent whi... | the market hit record highs in November. the S&P Sensex rose 11.4 percent while the Nifty50 rallied by 11.39 percent. the big action was seen in the broader market space. shares of DB Realty more than doubled investors’ wealth in November. the broader market is expected to continue to benefit from the rise. a broader m... |
user | Mumbai: State–run banks stepped up to the plate in keeping the economy humming by raising credit sanctions even as private sector got into a shell due to risk aversion that squeezed many businesses. The share of state-run banks in incremental credit growth rose to 52.8 percent in Februacy, from 39.7 percent in August.“... | the share of state-run banks in incremental credit growth rose to 52.8 percent in Februacy, from 39.7 percent in august. the slowdown in credit growth was spread across all bank groups, especially private sector banks. RBI data shows that credit off take during fiscal year 2020 was muted with growth at multi-year lows ... |
user | Workers resume duty under strict guidelines at NMDC’s steel plant in Nagarnar, Chhattisgarh. Workers resume duty under strict guidelines at NMDC’s steel plant in Nagarnar, Chhattisgarh. Machines are whirring again in a few projects in railways , road and steel, among others. A few thousand workers are back at work. A s... | machines are whirring again in a few projects in railways, road and steel. section of labourers who had been stranded in states were surveyed. they were then mobilised and dispatched to project sites within states. a few thousand workers are back at work. NITI Aayog CEO amitabh Kant argues that this could well be the b... |
user | Reliance Jio, which has been the fastest in utilising the opportunity of bringing 2G feature phone users to its 4G network with the 4G feature phone, has acquired around 50 million Jio Phone users since late 2017. Counterpoint Research, in its latest report, said that Jio has been the fastest to see the opportunity and... | counterpoint research says jio is the fastest to see the opportunity. it expects nearly 370 million smart feature phones to be sold over the next 3 years. this will introduce an entirely untapped customer base to high-speed internet. software and services alone will contribute to 71% of this near- to mid-term revenue o... |
user | Commerce and industry minister Piyush Goyal on Friday asked industry to reduce over-dependence on imports, certain geographies and deliver affordable products, stating that it is good that India ’s imports are behind what they were last year even as exports have revived to a large extent and the economy is recovering.C... | Piyush Goyal called on industry to shun over-dependence on imports. he said it is good that India's imports are behind what they were last year. exports are recovering fast, with the data of June, 2020 reflecting the gains. he said that the reasons for low imports are stricter scrutiny of inbound shipments and malpract... |
user | Shrinivas RaoVestian Global Workplace Solutions The interim budget to be presented on February 1 holds much significance, especially with this year being the electoral year. While the real estate industry has its expectations from the interim budget, as with the previous union budgets, it remains to be seen whether the... | the interim budget is expected to be presented on february 1. there are a host of industry matters that need timely attention. promotion of affordable housing has been a key focus area of the government. tax reductions - Another major subject in the wish list is regarding the reduction of 12% GST on under-construction ... |
user | Australian shares hit a two-and-a-half-month high on Thursday, with financial stocks powering the gains, after the country's central bank said the economic downturn due to the coronavirus crisis would likely be less severe than initially feared.The benchmark S&P/ASX 200 closed 1.3 per cent higher at 5,851.1, hovering n... | australian shares hit a two-and-a-half-month high on Thursday. financial stocks are on track for their best week. the benchmark S&P/ASX 200 closed 1.3 per cent higher at 5,851.1. the country's central bank said the economic downturn would likely be less severe than initially feared. the country's employment suffered a ... |
user | Gold rose over 1% on Monday to its highest in more than seven years as dismal US data underscored how badly the COVID-19 pandemic has damaged the world's top economy, while palladium soared over 9% on the better-than-expected demand outlook. Spot gold was up 1.1% at $1,760.85 per ounce by 0402 GMT, after rising to its ... | gold rose over 1% on Monday to its highest in more than seven years. palladium rose over 9% on better-than-expected demand outlook. gold is considered an attractive investment during times of political or economic turmoil. a full recovery may depend on a coronavirus vaccine, fec chairman jerome Powell says. a u.s. reta... |
user | Pune: The campaign to boycott Chinese goods has gained momentum with with cosmetic makers, transporters, cellular phone companies promising support, the Confederation of All India Traders CAIT ) said on Thursday.CAIT National President BC Bhartia and secretary general Praveen Khandelwal announced the formation of the j... | the campaign to boycott chinese goods has gained momentum with with cosmetic makers, transporters, cellular phone companies promising support. the organisations that have joined the campaign include Indian Cellular and Electronics Association,(ICEA) Rashtriya Kisan Manch,(RKM) Consumer Online Foundation,(COF) all India... |
user | The Indian rupee witnessed marginal recovery in early trade and appreciated by 18 paise to 76.02 against the US dollar on Tuesday tracking positive opening in domestic equities. At the interbank foreign exchange the rupee opened at 76.02, registering a rise of 18 paise over its previous close. On Monday, rupee had sett... | rupee opens at 76.02, up 18 paise against the dollar. the rupee had settled at 76.20 on monday. a coronavirus outbreak has killed over 16,000 people in india. domestic bourses open on a positive note. a dollar index is trading 0.70 per cent lower at 101.76. |
user | trends 3-Point Analysis | Coronavirus outbreak: How it impacts investors Sakshi Batra does a 3-Point Analysis to understand the gravity of the situation and the implications of the coronavirus outbreak on global financial markets. Summarise this report in a few sentences. | Sakshi Batra does a 3-Point Analysis to understand the gravity of the situation. the implications of the coronavirus outbreak on global financial markets. the analysis includes a 3-Point Analysis of the global financial markets. the analysis also includes a 3-Point Analysis of the global financial markets. the analysis... |
user | Godrej Properties share made a fresh all-time high today after the realty firm said it would develop a residential project in Bengaluru. Godrej Properties stock touched an intraday high of Rs 1,261.6, rising 4.2% against previous close of Rs 1, 210 on BSE. The stock has gained 6.16% in the last 3 days. Godrej Propertie... | Godrej Properties shares hit an intraday high of Rs 1,261.6. the realty firm said it would develop a residential project in Bengaluru. the share rose 41.68% in one year and gained 27.12% since the beginning of this year. Sensex closed 181 points higher at 45,608 and Nifty rose 37 points to 13,392. |
user | Moody's Investors Service on Friday downgraded Hero FinCorp's foreign and local currency issuer ratings to Ba1 from Baa3, citing that the coronavirus outbreak would impact its credit quality. The non-banking finance company's (NBFC) outlook has also revised to negative from ratings under review. Given the negative outl... | moody's downgrades Hero FinCorp's foreign and local currency issuer ratings to Ba1 from Baa3. the non-banking finance company's (NBFC) outlook also revised to negative. the rating agency expects the company's profitability and asset quality to stabilise. the company's parent, Hero MotoCorp Limited, is also expected to ... |
user | Japanese carmakers Suzuki and Toyota have extended their alliance, as part of which both the companies will share more models, jointly develop hybrid and electric vehicles for India and the global markets, besides exchanging engines and technologies. Under the latest agreement, Maruti Suzuki will supply its sedan Ciaz ... | Toyota and Suzuki have extended their alliance to include hybrid and electric vehicles. the two carmakers will share more models and jointly develop hybrid and electric vehicles for India and the global markets. the companies will also jointly develop a new Toyota C-segment multi purpose vehicle (MPV) that will be supp... |
user | On the back of positive global cues, BSE Sensex and Nifty 50 gained in trade after erasing the opening losses on Thursday. The 30-share index Sensex was trading 193 points or 0.62 per cent higher at 31,573, while the broader Nifty 50 index was ruling above 9,250-mark, up 73 points or 0.80 per cent. “The Nifty has manag... | ONGC was the top Sensex gainer with a growth of over 4.5 per cent. ONGC was the top Sensex laggard with a growth of over 2%. ONGC was the top Sensex gainer with a growth of over 4.5 per cent. ONGC was the top Sensex laggard with a decline of more than 2%. |
user | From here on, investors need to be a little more careful and plan slightly longer term than we are doing right now. Returns may be more moderated going forward, at least in the near to medium term, says, Head, Investments--Equities,We are pricing in most of the positive developments that the market was expecting whethe... | investors need to be more careful and plan slightly longer term. market is pricing in most positive developments that the market was expecting. but once market has priced in the good news, you become vulnerable to disappointment. john sutter: "we are more tilted towards quality and growth" he says investors need to be ... |
user | Professor VV John, an eminent vice chancellor, once made a profound observation. He stated that outside the gates of heaven, there was one long queue and one short queue. The persons in the longer queue were required to first serve a term in purgatory or hell, before they gained admission to heaven. The second queue wa... | a regulator's role is a combination of the roles of the FIFA and that of the match referee. regulator lays down the rules, and also enforces them on the field of play. equanimity and poise and a sense of justice and fair play should be treated all regulated entities alike. a regulator's role is not only that of a polic... |
user | The first U.S. sanctions have been reimposed on Iran with little sign of either side softening its position. Curbs on oil exports will follow in early November and the effect will be bigger and swifter than last time around. Oil forecasters don’t seem to have grasped that yet. There’s no doubt that President Donald Tru... | crude and condensate exports were already down by 430,000 barrels a day, or 15 percent, from their levels in April. by July, EU crude imports from Iran were down by around 220,000 barrels, or 41 percent, from April. by November, imports of Iranian crude by Tupras Turkiye Petrol Rafinerileri AS are down 45 percent from ... |
user | Auto no longer best play on India's consumption story: Sameer Narayan "Not only in 2019, if we look at its last three, four, five years or even longer, the whole banking sector pack including SBI has been a consistent underperformer and that is why probably as an investment, it lags behind but offers a very good tradin... | the income tax (I-T) department is investigating the Indian units of Apple, Google and Amazon over possible non-payment of tax. the govt is reportedly considering a cross-country merger that could entail a tax payment of $250-300 million in the us. the govt is also considering a merger between a chinese company and a u... |
user | The Finance Ministry is confident of meeting next year’s fiscal deficit target of 3.3 per cent, citing lesser uncertainties ahead, even as it failed to achieve its target for 2017-18. Calling this year’s upward revision of fiscal deficit target to 3.5 per cent from 3.2 per cent a “one-off aberration”, Economic Affairs ... | the government is confident of meeting its fiscal deficit target of 3.3 per cent. economic affairs secretary subhash Chandra garg said the economy is well on its path of fiscal consolidation. he said there would be lesser uncertainties ahead. but he said the government is not yet on track to meet its target. he said th... |
user | Trade, Imports, Exports for MSMEs: MSMEs may soon have a unified portal to access every information related to exports as the government is planning to set-up a ‘global market intelligence system’, according to MSME Ministry Joint Secretary Arun Kumar Panda. Speaking at the National MSME Awards on Wednesday, Panda said... | government is planning to set-up a ‘global market intelligence system’. information will be made available in 22 different languages. Currently, MSMEs share in india’s total exports stands at nearly 50 per cent. the ministry is also planning to rank states based on the support provided to MSMEs across 4 Es. 'the prime ... |
user | Tech companies once promised that fully functional, self-driving cars would be on the road by 2020 and on the path to remaking transportation and transforming the economy. But a decade after Google unveiled an autonomous car prototype with global fanfare, the technology is still far from ready, and many investors are w... | autonomous vehicle startups spend $1.6 million a month on average. many self-driving car companies have no revenue, and the operating costs are unusually high. a vaccine works by mimicking a natural infection. a vaccine works by building herd immunity to put an end to the pandemic. a vaccine works by mimicking a natura... |
user | ITEM 3. LEGAL PROCEEDINGS On September 7, 2016, Chetu Inc. has filed a Complaint for Damage in Florida to recover unpaid invoice amounts of $27,335 plus interest of $4,939. The invoice was not paid due to a dispute that the Company did not think that vendor had delivered the service according to the agreement between t... | MINE SAFETY DISCLOSURES
Chetu Inc. has been involved in several legal proceedings. On September 7, 2016, Chetu Inc. filed a Complaint for Damage in Florida to recover unpaid invoice amounts of $27,335 plus interest of $4,939. On May 24, 2017, the Company received a notice of default from Coastal Investment Partners LL... |
user | Most Bank stocks suffered strong losses in intraday trade on BSE on April 3 after global brokerage Moody's Investors Service changed the outlook for the banking system to negative from stable, underscoring the negative impact due to disruptions caused by the outbreak of COVID-19. As per a report by CNBC-TV18, Moody's e... | most Bank stocks suffered strong losses in intraday trade on BSE on April 3. global brokerage Moody's changed the outlook for the banking system to negative from stable. many brokerages have highlighted that the lockdown of the domestic and global economies will have a meaningful impact on banks’ loan-book growth. the ... |
user | New Delhi: India’s solar power sector may benefit from the US President Donald Trump’s decision on Monday to levy tariff on imported solar panels. In what will impact Chinese module manufacturers, Trump whose presidential campaign and term has been built around growing American manufacturing, imposed a 30% tariff on im... | the tariffs will impact Chinese module manufacturers. the tariffs were imposed in the first year of the president's term. but the tariffs were dropped to 15% in the fourth year. modules account for nearly 60% of a solar power project's total cost. the tariffs are expected to impact the solar power sector in india. the ... |
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