role stringclasses 1
value | content stringlengths 98 49.4k | original_summary stringlengths 2 1.4k |
|---|---|---|
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 | The Nifty after falling more than 10 percent from its record highs has showed a gradual rebound of more than 9 percent. It is currently trading above 10,900 levels after hitting a 2018 low of 9,998.05 in March. The 30-share BSE Sensex rallied 304.90 points or 0.85 percent to close at 36239.62 and the 50-share NSE Nifty... | the 30-share BSE Sensex rallied 304.90 points or 0.85 percent to close at 36239.62. the 50-share NSE Nifty gained 94.40 points or 0.87 percent at 10,947.30. experts said the market has taken all negatives into its stride. a looming trade war that has dominated headlines for the past one month seem to have eased for the... |
user | The Indian equity market is moving towards a less volatile structure, thanks to rising ownership by domestic investors and this will lead to a more stable structure going forward, says a report. According to a report by Sanctum Wealth Management, even as foreign investors have been sellers of Indian equities in 2015, 2... | domestic investors are buying in india and this will lead to a more stable structure. foreign investors selling caused a major sell-off in 2015. equities beat other asset classes even when bought at market peaks. valuations are likely to stay elevated due to the modi premium, demographics, financialisation and equity r... |
user | Mumbai: Reliance Jio Infocomm Ltd is planning to expand beyond the Indian market, and will set up a subsidiary in Estonia, according to two people aware of the plans. Reliance Industrial Investments and Holdings Ltd, an investment holding company and a wholly-owned subsidiary of Reliance Industries Ltd (RIL), will give... | 99% of public services in Estonia are available online 24x7. all documents are electronically available. a company established in the northern european nation can operate worldwide. a company established in the country can operate in the eu. Estonia is the first country to offer e-residency, a government-issued digital... |
user | Gandhinagar: Prime Minister Narendra Modi on Friday said that the implementation of GST and other measures of simplification of taxes have reduced transaction costs and made processes efficient.Delivering his inaugural address to the ninth edition of biennial Vibrant Gujarat Global Investors Summit , which went underwa... | Prime minister says that the implementation of GST has reduced transaction costs and made processes efficient. he said that in the last 4 years, we have jumped 65 places in the global ranking of the world bank’s doing business report. he said that doing business in India has become cheaper and faster through GST and ot... |
user | More than 70,000 people have died from coronavirus in Latin America as the pandemic sweeps through the region, putting growing pressure on an already stretched healthcare system. As the number of cases in the United States soared past two million, Central and South America has emerged as the new hotspot for a disease t... | more than 70,000 people have died from coronavirus in Latin America. the disease has infected 7.4 million people around the globe. in the u.s., the number of cases has soared past two million. in the u.s., the number of deaths has climbed to almost 113,000. a u.s. hospital is closing its doors to the disease. |
user | When you read this on Sunday, it will be clear if India is ahead or behind the curve in the battle against coronavirus (COVID-19). The government has been busy with video conferences; repatriating Indians from affected countries; and issuing advisories on hand washing, covering one’s nose and mouth, and wearing masks. ... | the number of people testing positive for coronavirus (COVID-19) is rising at an alarming rate. i am duty bound to support the PM and I shall do so. i am afraid that the virus is not like Clement Attlee imbued with high moral values. the beginning of the decline of the growth rate of GDP pre-dates COVID-19. |
user | Prime Minister Narendra Modi wrote a letter to the nation on Saturday to mark one year of governance of the Modi government 2.0. On this day, a year ago, PM Modi took oath for his second term after securing a resounding victory at the 2019 Lok Sabha Elections. He says in the letter that India's stature rose significant... | pm Narendra Modi wrote a letter to the nation on this day to mark one year of governance. he says that India's stature rose significantly from 2014 to 2019. he spoke about the coronavirus pandemic and said that the "collective strength and potential of Indians is unparalleled". he said that the BJP government was voted... |
user | The global macroeconomic outlook is overcast with extreme volatility in financial markets and massive dislocations in global production, supply chains, trade and tourism, says the Reserve Bank of India's (RBI) Monetary Policy Report. The RBI said that even India has not been spared from the exponential spread of corona... | RBI: global macroeconomic outlook overcast with extreme volatility in financial markets. COVID-19 would hit domestic economic activity directly through nationwide lockdown. inflation tentatively projected to ease to 4.8% in Q1FY21. RBI: "the tentative outlook is benign relative to recent history". a'sea of uncertainty'... |
user | Bengaluru: Confusion prevailed on the streets of Bengaluru and elsewhere in Karnataka on Tuesday as police used force to stop people from buying essentials like grocery and vegetables on the eve of the Ugadi festival.Trading was put off in the two bustling fruit and vegetable markets of Bengaluru — Yeshwanthpur APMC an... | police allegedly caned farmers, merchants and buyers to disperse them. buyers clearly violated government regulations. chief minister BS Yediyurappa said he was aware of the difficulties. he stressed that essential services would remain open. he did not specifically say how the issues would be fixed. 'the police should... |
user | Resplendent in shocking pink, a sleek “Hello Kitty” bullet train, complete with special carriages festooned with images of the global icon from Japan, has been unveiled before it chugs into service this week. The special shinkansen or bullet train will run for the next three months between the western cities of Osaka a... | the bullet train will run between the western cities of Osaka and Fukuoka. it will feature a “life-sized Hello Kitty doll” so fans can take selfies. another car will have no passenger seats but offer regional specialities. the character has spawned a multi-billion-dollar industry since. Sanrio introduced it in 1974. |
user | The infrastructure sector is likely to get a boost after the finance minister Nirmala Sitharaman provided an outline for the Rs 100-lakh-crore National Infrastructure Pipeline (NIP) on December 31. But, experts call it a slightly ambitious target and the execution of the said road map will be dependent on the fiscal po... | the finance minister announced the plan on December 31. but experts say it is a slightly ambitious target and will require multilateral funding. the plan is in line with prime minister's vision of the $5-trillion economy by 2024. a total of Rs 51 lakh crore has been spent on infrastructure in the last six years. 63 per... |
user | NEW YORK: The prospect for a more prosperous Jammu and Kashmir , and Ladakh, following the abrogation of the Article 370 "cuts the ground under the feet of Pakistan", a country whose "fingerprints" are on terrorist strikes across the world, Indian Ambassador to the US Harsh Vardhan Shringla said on Thursday.In a hard-h... | a weak economy fuels separatist sentiments in some quarters, he says. he says the prospect for a more prosperous Jammu and Kashmir cuts the ground. he says the reorganisation of the province "corrects a historic wrong" he says the reorganisation of the province opens the door to rejuvenate a mogul's family. |
user | I-T Lens on Google, Amazon & Apple for likely ₹5kcr Demand The Income Tax (I-T) Department is investigating the Indian units of Apple, Google and Amazon over possible non-payment of tax. In connection with a probe that began in 2021, the authorities have sought detailed explanations from the tech behemoths on their tra... | the income tax (I-T) department is investigating the Indian units of Apple, Amazon and Amazon over possible non-payment of tax. the authorities have sought detailed explanations from the tech behemoths on their transfer pricing (TP) practices. in connection with a probe that began in 2021, the authorities have sought d... |
user | It's almost as if he's writing a personal check.In recent days, President Donald Trump has promised millions of Medicare recipients that - thanks to him - they'll soon be getting an ``incredible'' $200 card in the mail to help them pay for prescriptions. He's called himself ``the best thing'' that ever happened to Puer... | president has promised millions of Medicare recipients that - thanks to him - they'll soon be getting an 'incredible'' $200 card in the mail. he's also taken to showcasing the $28 billion he gave'' to farmers hard hit by the trade war with china. he was in the battleground state of north Carolina last week when he prop... |
user | North Korean leader Kim Jong Un focused on domestic economic issues at a meeting of the politburo of the country's ruling Workers Party, state media said on Monday, as the North ramped up pressure on South Korea over defector activities. The two-day politburo meeting comes at a time of economic uncertainty amid the glo... | the meeting focused on domestic economic issues, state media said. the meeting comes at a time of economic uncertainty amid the global COVID-19 pandemic. the north has lashed out at south Korea over defector activities. the meeting did not mention the North's increased criticism of the country. a politburo meeting is s... |
user | The Maharashtra Cabinet on Wednesday approved its ‘Mumbai 24 hours’ policy allowing malls, multiplexes and shops to remain open round-the-clock in the city from January 27. Noting that London’s ‘night economy’ was five billion pounds, state Tourism Minister Aaditya Thackeray told reporters here after the Cabinet meetin... | the decision was approved by the cabinet on Wednesday. it will allow malls, multiplexes and shops to remain open round-the-clock. the move comes after a report by the nspcc found that the night economy in the capital is five billion pounds. the tourism minister said the decision could help generate more revenue and job... |
user | (Image: Reuters) live bse live nse live Volume Todays L/H More × Iconic American jeweller Tiffany & Co said it will enter the Indian market in partnership with billionaire Mukesh Ambani's Reliance Industries and plans to open its first store in Delhi this year and one in Mumbai next year. Tiffany, which is known for it... | Tiffany & co plans to open its first store in Delhi this year and one in Mumbai next year. the american jeweller will be another marquee name to join the ever-growing portfolio of Reliance. in may, it had bought British toy-store chain Hamleys. in a statement, Tiffany said it will enter the Indian market through a join... |
user | The Congress election manifesto has called for a ‘single, moderate, standard rate’ of goods and services tax (GST). It might have theoretical appeal, but can hardly be a practical proposition in a large diverse economy, and could be regressive. Revenue collections under GST have reportedly added up to Rs 1.06 lakh cror... | the Congress election manifesto has called for a ‘single, moderate, standard rate’ of goods and services tax (GST) real estate, petroleum products, tobacco and liquor would be under the ambit of GST within two years. but the manifesto makes no mention of subsuming electricity duty under GST. over Rs 30,000 crore accrue... |
user | After two straight sessions of fall, Indian markets witnessed a breakout on May 27 as the bulls pushed the S&P BSE Sensex by over 1,000 points to close above 31,000 while the Nifty reclaimed the vital 9,300 level. Easing of restrictions and the gradual resumption of business activity in India and across the world raise... | bulls push the S&P BSE Sensex by over 1,000 points to close above 31,000. the Nifty reclaimed the vital 9,300 level as investors hoped for a recovery. the broader markets, however, underperformed the benchmark indices. the volatility is expected to continue ahead of the F&O expiry on may 28. |
user | Check out the candlestick formations in the latest trading sessions NEW DELHI: Nifty50 hit an immediate resistance level at 9,500 on Thursday, before closing a tad below it. The index closed around the day's high point and formed a long bullish candle on the daily chart. Analysts said momentum indicator Stochastic is n... | Nifty50 closed around the day's high point and formed a long bullish candle. the index is sustaining above its 20-day and 50-day SMAs, adding to the optimism. a sustained trade above 9,475 in the coming sessions will extend the rally to 9,580-9,660 levels. if the bears push the index below 9,430, selling pressure would... |
user | After the recent rally of about 40 percent from the lows touched in March, a staggered approach over the next few months would be advisable. SIPs and STPs are the most efficient way of capturing the volatility, Neelesh Surana, CIO, Mirae Asset Investment Managers India Pvt. Ltd, says in an interview to Moneycontrol’s K... | the recent rally of about 40 percent from the lows reached in March, we would tend to assume that markets could consolidate. the first half of CY2020 has been amongst the most volatile six months of Indian Equities. the nifty fell 38 percent from the highs in less than 90 trading sessions and rallied back 43 percent fr... |
user | OnePlus has dropped the price of the OnePlus 7T Pro in India just days after launching its new OnePlus 8 lineup. The 8GB/256GB Haze Blue variant of the OnePlus 7T Pro will now sell at a reduced price of Rs 47,999 down from Rs 53,999 — that’s a whopping Rs 6,000 discount. This is a permanent price cut. OnePlus said it i... | OnePlus has dropped the price of the OnePlus 7T Pro in india. the 8GB/256GB variant will now sell at a reduced price of Rs 47,999. this is a whopping Rs 6,000 discount. OnePlus is also offering an opportunity for buyers to purchase the phone at one-third of the value, while paying the remaining amount in low-cost EMIs ... |
user | live bse live nse live Volume Todays L/H More × Driven by its US business, drug maker Aurobindo Pharma on August 12 reported a 22.8 percent year-on-year (YoY) rise in consolidated profit at Rs 780.7 crore in the June quarter. Revenue from operations for the quarter under review at Rs 5,924.8 crore increased by 8.8 perc... | drug maker reports 22.8 percent year-on-year rise in consolidated profit at Rs 780.7 crore. revenue from operations for the quarter under review at Rs 5,924.8 crore increased by 8.8 percent. revenues from antiretroviral (ARV) segment grew by 33.6 percent YoY to Rs 425.5 crore. but Europe formulation business registered... |
user | Indian telecom regulator TRAI has relieved companies of charging users with minimum 50 paisa for text messages after they cross the limit of 100 SMS a day owing to the situation arising out of the coronavirus pandemic. Under a certain clause, telecom companies were required to charge a minimum of 50 paisa per SMS above... | telecom companies were required to charge a minimum of 50 paisa per SMS above the limit of 100 SMS per SIM per day. this was to avoid commercial bulk texts arising out of the coronavirus pandemic. after the removal of this clause, companies now have a free hand in deciding the charges for such bulk messages. the news m... |
user | Mumbai: Residential markets in the top eight cities are showing signs of recovery, with home sales growing 13% in the financial year ended 31 March 2018, said a new report by real estate advisory firm Liases Foras. A total of 265,564 units were sold in FY18 across eight tier 1 cities, including Mumbai Metropolitan Regi... | Mumbai recorded the highest growth with 25% followed by NCR with 19%. Chennai led the recovery with 27% Q-o-Q increase in sales, followed by an extremely slow quarter. new launches have continued to drop, registering a fall of 9% as compared to the previous financial year. 132,904 units were launched during FY2018. tie... |
user | Heavily indebted Indian steelmaker, Tata Steel is arming itself to tackle the post-coronavirus financial crisis by conserving cash on its books. It has massively conserved liquidity on the balance sheet in the quarter ended March. As a result, cash and cash equivalents portion increased by 120 per cent to Rs 11,549 cro... | the company has massively conserved liquidity on the balance sheet in the quarter ended March. the net debt of Tata Steel stood at Rs 1,04,779 crore, compared to 1,04,628 crore in December 2019. since the company decided to conserve cash rather than making additional payments, the gross debt increased to Rs 1,16,328 cr... |
user | India's fuel demand shows signs of recovery, improves in April H2 April gold imports plunge 99.9% YoY to 3-decade low: Source MCX turnover doubles to Rs 20,000 crore on restoration of normal trading hours Creditors have withdrawn 26,518 insolvency cases involving defaults of as much as ₹9.33 lakh crore before their app... | IndiGo may introduce a premium class of seats along with hot food and a loyalty programme by the end of 2024. the initial public offering (IPO) market is in an unprecedented bull wave. three of the four IPOs — Tata Technologies, Flair Writing Industries, and Gandhar Oil Refinery — which opened on Wednesday were fully s... |
user | The domestic electronics manufacturing sector in India has seen significant growth in the last six years. Production of electronic goods in India increased by 187 percent from Rs 1,90,366 crore in 2014-15 to an estimated Rs 5,46,550 crore in 2019-20, with a compound annual growth rate (CAGR) of about 24 percent, accord... | domestic electronics manufacturing sector in india has seen significant growth in the last six years. domestic manufacturing of electronic goods surpassed India’s imports in 2016-17. rise in domestic production will help India reduce import dependency, bringing down trade deficit. mobile phone production accounts for 4... |
user | live bse live nse live Volume Todays L/H More × HDFC Securities' research report on UltraTech Cement During 4QFY19, UTCEM delivered earnings beat as standalone net sales/EBITDA/PAT rose 18/30/42% YoY. FY19 revenue/EBITDA/PAT rose 22/11/11% YoY. Grey cement volume rose 16/18% YoY/QoQ to 20.9mn MT, driven by strong growt... | During 4QFY19, UTCEM delivered earnings beat as standalone net sales/EBITDA/PAT rose 18/30/42% YoY. FY19 revenue/EBITDA/PAT rose 22/11/11% YoY. grey cement volume rose 16/18% YoY/QoQ to 20.9mn MT. white and putty sales rose 3/11% YoY/QoQ to 0.41mn MT. |
user | LONDON: The coronavirus is roiling global job markets, but the picture is not all gloomy. Finance, technology and consumer goods firms are hiring tens of thousands in the United States and other countries, according to data from Microsoft Corp's professional networking site LinkedIn Across seven countries in North Amer... | hiring has fallen in the first quarter from the year-ago period. but in late April remains lower than a year ago. china, where the coronavirus emerged last year, leads the world in surfacing from a months-long lockdown. healthcare providers are among the busiest recruiters. retailers including Walmart, amazon.com and i... |
user | live bse live nse live Volume Todays L/H More × Siddharth Sedani All eyes were on the historic US-North Korea summit held in Singapore this week. It has been a wonderful 180 degree change from the nuclear tests being conducted and missiles flying over Japan just a few months ago to an agreement to maintain peace and st... | a historic summit between the two countries was held in Singapore this week. the monsoon is a good sign for the upcoming Kharif season. we expect inflationary concerns to ease and strong rural demand to continue. a swathe of the top 10 pharmaceutical companies in india are. g Lialda and gTamiflu. |
user | Good news for those willing to take a loan against gold ornaments and jewellery. With a view to further mitigate the economic impact of the COVID-19 pandemic on households, entrepreneurs and small businesses, the RBI in its policy meet has decided to increase the permissible loan to value ratio (LTV) for loans against ... | RBI has decided to increase the permissible loan to value ratio (LTV) for loans against pledge of gold ornaments and jewellery for non-agricultural purposes from 75% to 90%. this relaxation shall be available till March 31, 2021. some financial experts said that with this move, households will be able to get more funds... |
user | The market has been volatile and has been moving in a tight range for a couple of weeks now, following global cues and updates on novel coronavirus, or COVID-19. So far 8,000 has been a crucial level for the market as it has not been broken yet. But according to Atul Suri, CEO of Marathon Trends Advisory, 7,500 on the ... | market has been moving in a tight range for a couple of weeks now. 8,000 has been a crucial level for the market as it has not been broken yet. atul Suri, CEO of Marathon Trends Advisory, 7,500 on the Nifty will be an important level. he says the market will continue to be volatile while the US market is in good shape. |
user | Amidst this pandemic, businesses are being forced to either adjust or realign their response. While it is natural for companies to explore innovative means, they must remain cautious of abiding by the competition laws. Competition law prohibits collaboration between competitors to fix prices, restrict output, allocate ... | competition law prohibits collaboration between competitors to fix prices, restrict output, allocate markets/customers and rig bids. it is often ascribed debasing sobriquets such as the ‘ultimate evil of antitrust’. the law prohibits an abuse of position via unfair prices or conditions for sale of goods and services. a... |
user | India's fiscal deficit in 2020-21 may shoot up to 6.2 percent of the GDP from 3.5 percent government estimate as a fallout of the COVID-19 economic stimulus package, Fitch Solutions said on April 1. With businesses disrupted due to the lockdown and its ripple effects, revenue will come under "heavy pressure" and may fo... | india's fiscal deficit may shoot up to 6.2 percent of the GDP in 2020-21. fiscal lockdown and ripple effects may cause revenue to come under "heavy pressure" weaker revenue collection and higher expenditures aimed at softening COVID-19's shock. a vaccine works by mimicking a natural infection. a vaccine works by mimick... |
user | At the first-ever virtual Galaxy Unpacked event, live-streamed from Korea, Samsung announced the next-gen Galaxy Watch3 and the Galaxy Buds Live along with the Galaxy Note20 Series, Galaxy Tab S7 and S7+, and Galaxy Z Fold 2. The next-gen Galaxy Watch3 smartwatch is claimed to be a companion for managing your routines,... | the next-gen Galaxy Watch3 smartwatch is claimed to be a companion for managing your routines, smashing fitness goals, and taking ownership over health. the watch can measure and track oxygen saturation over time for fitness and wellness purposes. the new Samsung Health Monitor app on Galaxy Watch3 offers cuff-less blo... |
user | Paytm Payments Bank Ltd. (PPBL) has announced that it will start issuing Visa debit cards to its customers. By issuing virtual Visa debit cards to its customers, PPBL will enable them to make transactions at all merchants that accept payments through cards. Through these Visa debit cards, customers will also be able to... | PPBL will issue virtual Visa debit cards to its customers. card users will also be able to make contactless payments. bank currently has issued 57 million digital debit cards. aims to issue over 10 million new digital debit cards with this partnership in FY 20-21. PPBL aims to issue over 10 million new digital debit ca... |
user | Asian gasoil markets will continue to face headwinds over the next few months even as refineries cut processing rates further and economies gradually start picking up as the coronavirus pandemic becomes contained, analysts said. Sluggish industrial activity and travel restrictions due to extended lockdowns, alongside d... | gasoil and jet fuel account for about 40 percent of refiners' output. a vaccine works by mimicking a natural infection. a vaccine works by mimicking a natural infection. a vaccine works by mimicking a natural infection. a vaccine works by mimicking a natural infection. a vaccine works by building herd immunity to put a... |
user | New Delhi: Punjab National Bank (PNB) Wednesday said it plans to seek ₹ 5,431 crore capital support from the government a day after finance minister Arun Jaitley assured state-owned banks of all support from the government. The meeting of the bank’s board will take place Thursday for considering infusion of ₹ 5,431 cro... | bank's board will meet on Thursday to consider infusion of 5,431 crore by the government. finance minister Arun jaitley committed capital support to banks after meeting heads of public sector lenders. government infused 2,816 crore as capital infusion via preferential allotment of equity shares this month. 65,000 cr... |
user | As economic activities have come to a halt due to coronavirus-induced lockdown in the country, the government’s fiscal stimulus may play a major role in combating the situation. While it will make a severe dent in the fiscal deficit numbers, to keep the economy running is on the centre’s priority so far. Given the domi... | fiscal stimulus may play a major role in combating the situation. the sudden stop in economic activity will require fiscal and monetary policy support. the RBI has announced the market borrowing program for FY21. the government will borrow to the extent of 62.5 per cent. this is Rs 4.88 lakh crores, out of the FY21 bud... |
user | eye-on-india Business Insight | Here's how weekend lockdowns are affecting businesses In this edition of Business Insight, find out how the Centre is planning to stem the virus infection while keeping the economy functional Summarise this report in a few sentences. | find out how the Centre is planning to stem the virus infection. find out how the centre is planning to keep the economy functional. find out how the centre is planning to stem the virus infection. find out how the centre is planning to keep the economy functional. read the story on cnn.com's "business insight". read t... |
user | Crude oil futures declined by 0.63 percent to Rs 4,093 per barrel as speculators cut down bets to book profit amid muted global cues. At the Multi Commodity Exchange, crude oil contracts for delivery in April fell by Rs 26, or 0.63 percent, to Rs 4,093 per barrel with a business turnover of 14,483 lots. Analysts said t... | crude oil futures decline by 0.63 percent to Rs 4,093 per barrel. speculators cut down bets to book profit amid muted global cues. global crude oil down by 0.45 percent at USD 59.14 a barrel. international benchmark Brent also sheds 0.45 percent to USD 67.59 a barrel. a spokesman for the speculators said the market was... |
user | WASHINGTON: The Covid-19 pandemic, the Supreme Court , the economy and "race and violence" in US cities will be among the topics on the table at next week's presidential debate , the moderator announced on Tuesday.Fox News anchor Chris Wallace said the 90-minute discussion will also include the records of President Don... | the 90-minute debate will also include the records of president Donald Trump and democratic presidential nominee Joe Biden. the topics will be tackled in six 15-minute segments. billionaire Tom Steyer complained that climate change was not among the topics. the other presidential debates are scheduled for October 15 an... |
user | Inequality occurs in many dimensions, only some of which are economic. And when we speak of economic inequality, again the reference is to a very large canvas, which must be restricted very severely in the interests of tractability. Accordingly, by “economic inequality", we shall mainly mean interpersonal inequality in... | aaron carroll: measurement fetishists, measurement nihilists are among those who reject it. he says measurement is a means of ensuring economic descriptions are objective. he says it is better to check findings against intuitions, values and logic. carroll: measurement without respect for facts, values and logic is a p... |
user | Deals syndication platform LetsVenture has launched a new product, LetsVenture Plus , which will allow ultra-high net-worth individuals (UHNIs) and family offices to invest in growth stage startups, as well as come in as Limited Partners in global funds.The invite-only platform, which is currently in stealth mode but i... | LetsVenture is a deal syndication platform. it will allow ultra-high net-worth individuals to invest in growth stage startups. the platform has already attracted 500 users. it has launched multiple deals, including an exclusive allocation in a global venture capital fund. letsVenture has brought on board Nimesh Kampani... |
user | ITEM 3. LEGAL PROCEEDINGS DISPUTE WITH FABRICE TAYLOR On June 29, 2017, Alabama Graphite, two of its former officers and one former director were named as defendants in a lawsuit filed in the Superior Court of Justice in Ontario, Canada and styled Fabrice Taylor v. Alabama Graphite Corp., et. al., CV-17-578049. The pla... | MINE SAFETY DISCLOSURES
Alabama Graphite and its former officers and director are involved in a lawsuit with Fabrice Taylor in the Superior Court of Justice in Ontario, Canada, alleging defamation and seeking damages of CAD$3.0 million, unspecified punitive damages and permanent injunctive relief. The defendants have ... |
user | Music and podcast streaming apps such as Spotify, Gaana, JioSaavn, IVM Podcasts and Hungama Music are gaining listeners amid the country-wide lockdown. According to an audio OTT report by Kantar and VTION, music streaming platforms have seen a 42% increase in time spent on their platforms in March, 2020. The data also ... | music streaming platforms have seen a 42% increase in time spent on their platforms in March, 2020. there has been a 52% growth in the incidence of listening in the afternoons. there has also been an 80% rise in late-night listening. these platforms recorded a decline in the number of streamers initially, as people sto... |
user | The World Health Organization's Europe office said it has begun discussions with Russia to try to obtain more information about the experimental COVID-19 vaccine the country recently approved. Last week, Russia became the first country in the world to license a coronavirus vaccine when President Vladimir Putin announce... | the world health organization's Europe office has begun discussions with Russia. the vaccine has not yet passed advanced trials required to prove it works. the vaccine has so far only been tested in a few dozen people. the vaccine has so far only been tested in a few dozen people. a russian official says the vaccine wi... |
user | The World Bank on Thursday projected a steeper contraction in India's economy by 9.6 per cent this fiscal in light of COVID-19 pandemic and subsequent lockdowns. The global agency noted that the country's economic situation is "much worse" than ever seen before. The Washington-based global lender said that the downgrad... | the world bank predicts a steeper contraction in india's economy by 9.6% this fiscal. the world bank says the country's economic situation is "much worse" than ever before. the world bank predicts a sharper than expected economic slump across the region. the world bank predicts a sharper than expected economic slump ac... |
user | May 15, 2018 / 03:39 PM IST : Benchmark indices ended flat after the BJPis likely to fail to reach half-way mark in Karnataka, though it is likely to be emerging as the largest party with 104 seats. The 30-share BSESensex was down 12.77 points at 35,543.94and the 50-share NSE Nifty fell 4.70 points to 10,801.90. Nifty ... | BJP likely to be emerging as largest party with 104 seats. 30-share BSESensex down 12.77 points at 35,543.94. BJP likely to be emerging as largest party with 104 seats. BJP likely to be emerging as largest party with 104 seats. BJP likely to be emerging as largest party with 104 seats. 'it's not going to be a big deal'... |
user | Equity market indices Sensex and Nifty closed higher on Wednesday, backed by global markets amid heavy rally in banking stocks. Reversing yesterday's losses, Sensex ended 290 points higher at 34,247 and Nifty rose 69 points to 10,116. Yesterday, Sensex lost 413 points to 33,956 and Nifty fell 120 points to 10,046. Earl... | Sensex and Nifty close higher on mute trend from overseas markets. indices closed mostly higher barring china and china. riots kept markets tensed in hang seng, but china's inflation data fell 3.7%. a soaring number of cases linked to coronavirus has crossed 72.44 lakh. |
user | State-owned Bank of Maharashtra on Sunday said it has sanctioned loans worth Rs 2,789 crore to MSME, self-help group, agricultural and retail borrowers to help them meet their liquidity mismatches caused due to coronavirus crisis over the last three months. The lender had launched various COVID-19 emergency credit line... | bank of maharashtra sanctioned loans worth Rs 2,789 crore to borrowers. loans were to help meet liquidity mismatches caused by coronavirus crisis. bank used webinars, calls, SMSes and emails to reach out to borrowers. bank gearing up to extend stimulus package announced by finance minister. a 100 per cent credit scheme... |
user | Andhra Pradesh continues to be the best state to do business in the country while neighbouring Telegana has been ranked second with Haryana at the third spot, in the ease of doing business list prepared by the World Bank and the Department of Industrial Policy and Promotion (DIPP). Gujarat has slipped further to the fi... | andhra Pradesh is best state to do business in the country. neighbouring Telegana is ranked second with Haryana at the third spot. meghalaya, lakshadweep and arunachal Pradesh are bottom of the list. 17 states have achieved a reform evidence score of more than 90 per cent. a total of 79 per cent of the country's popula... |
user | New Delhi: Property brokerage firm Anarock has clocked 36 per cent growth in its revenue at Rs 256 crore during the last fiscal year despite demand slowdown in Indian real estate market, a top company official said on Thursday.The Mumbai-based firm had posted a revenue of Rs 188 crore in financial year 2018-19."We have... | property brokerage firm Anarock has clocked 36 per cent growth in its revenue. the bulk of revenue came from housing brokerage with contributions from other services. the company has set a target of 30 per cent growth despite the outbreak of coronavirus. the pain in the sector has been further aggravated due to nationw... |
user | Two Indian cities on Thursday made it onto the top 40 of the world’s most favourable ecosystems to build a globally successful startup, topped by the Silicon Valley in California. Bangalore was ranked 26th and Delhi 36th in ‘The Global Startup Ecosystem Report 2020’ by Startup Genome, with Mumbai topping a parallel “To... | Bangalore and Delhi top the list of top ecosystems for early stage startups. the rankings were released by startup Genome in california. London and new york also overtook the silicon valley in the rankings. the research found that London is among the top cities to grow a globally leading company. the research found tha... |
user | Unlock Leadership Excellence with a Range of CXO Courses Offering College Course Website Indian School of Business ISB Chief Technology Officer Visit IIM Lucknow IIML Chief Operations Officer Programme Visit IIM Lucknow IIML Chief Executive Officer Programme Visit Pharmaceutical as an industry is coming out of the FDA ... | a range of CXO courses are available in india and abroad. the industry is coming out of the FDA issues of the past and time with the coronavirus. the virus curve is expected to flatten out sometime in the first week of june. the u.s. is the world's largest producer of drugs. the u.s. is the world's largest producer of ... |
user | We may see a spate of bad loans across banks and investors should wait and watch for 3-4 quarters for the dust to settle down. We believe, 2-3 of the stronger banks would remain in the limelight but the sector, on the whole, may lose the leadership status in the next bull run," Ajay Jaiswal, Stock Market Strategist sai... | 2-3 of the stronger banks would remain in the limelight but the sector, on the whole, may lose its leadership status in the next bull run. the market is likely to adjust to new normal for the next 12 months. the sector has seen significant damage in the recent fall due to COVID-19. the rally from recent low levels is u... |
user | File Image Kalpit A Mankikar With the threat of large-scale unemployment looming over its already plunging economy, which has reportedly contracted by 6.8 percent, China is looking at novel avenues of generating jobs. It is firing on all cylinders to generate employment in formal and informal sectors. Since the 1978 re... | china is firing on all cylinders to generate employment in formal and informal sectors. per capita income of Chinese citizens is 25 percent of their counterparts in high-income nations. a vaccine works by mimicking a natural infection. a vaccine works by building herd immunity to put an end to the pandemic. a vaccine w... |
user | Fuel prices in all metro cities are once again at an all-time high. A litre of petrol costs maximum in Mumbai where it is available at Rs 86.56. The price of petrol in Delhi today is Rs 79.15, in Kolkata Rs 82.06, and in Chennai Rs 82.24. Petrol price had previously hit its highest level five months ago on May 29. Dies... | petrol prices in Delhi, Kolkata, Mumbai and Chennai are at an all-time high. diesel is being sold at Rs 71.15 in Delhi, Rs 74 in Kolkata, Rs 75.54 in Mumbai and Rs 75.19 in Chennai. fuel prices have been on the rise since august 16 after rupee dipped. minister blames 'external factors' for the rise in domestic prices. |
user | Human empathy has come to the forefront in these critical times when the entire world is fighting against the COVID-19 pandemic. While the struggle continues and the healthcare and other sectors are facing the brunt of it, it is the unprivileged working class which has been impacted the most. The country is under a com... | the unprivileged working class is most vulnerable to a financial crisis. a simple donation on your amazon india app could help millions restore hope. a small donation from your side can help the beneficiaries manage their household for 3-4 months, if not more. a further extension of the lockdown or a prolonged delay in... |
user | Nirmalya Kumar It is not often that the failure of a board of directors spills so openly into the public domain. But the ICICI Bank board, under the inept leadership of its Chairman, MK Sharma, has manged to make itself the poster child for poor corporate governance in India. It has sullied the reputation of everyone a... | ICICI bank board has made itself poster child for poor corporate governance in india. savvier promoters take a long view, and protect their reputation among minority shareholders. without a promoter to oversee their behaviour, managers may not align their interests with the shareholders. savanna sabha: if the board kow... |
user | Indian rupee depreciated 29 paise to 73.64 per dollar in Tuesday's opening deals amid rise in demand for the US currency from banks and importers. Forex traders said strengthening American currency and foreign fund outflows weighed on the local unit. The Indian currency started off on a tepid note at 73.63 at the inter... | rupee depreciates 29 paise to 73.64 per dollar in opening deals. rupee was down 29 paise over previous close of 73.35 against the us dollar. dollar index rose 0.44% to 93.12. domestic equity markets traded on a bullish note. Sensex traded 250 points higher at 38,668 and Nifty gained 72 points. |
user | Gurugram-based restaurateur Zorawar Kalra, Founder and MD of Massive Restaurants, is surprised. In the five tranches of the economic stimulus package released by Finance Minister Nirmala Sitharaman, the Rs 4-lakh crore restaurant industry didn't even find a mention. Kalra claims that the industry is the second-largest ... | restaurant industry is second-largest employment generator in the country after agriculture. stimulus package released by finance minister has not mentioned industry. industry is losing every day and losses could be as high as Rs 1 lakh crore. Lite Bite Foods has been shut, barring cloud kitchens and some who are deliv... |
user | CRUDE-OIL Crude oil rose 0.11 percent to Rs 5,288 per barrel in futures market Wednesday as speculators created fresh positions, taking positive cues from Asian markets. At the Multi Commodity Exchange, crude oil for delivery in October contracts rose by Rs 6, or 0.11 per cent to Rs 5,288 per barrel in a business turno... | crude oil for delivery in October contracts rose by Rs 6, or 0.11 per cent to Rs 5,288 per barrel. crude to be delivered in December month contracts also gained Rs 5, or 0.09 per cent. analysts say speculators built positions after oil prices rose in global market. west Texas Intermediate gained 0.14 per cent to USD 72... |
user | NEW DELHI: Finance Minister Nirmala Sitharaman on Monday inaugurated the National Infrastructure Pipeline (NIP) online dashboard to be hosted on the India Investment Grid (IIG), which is an interactive and dynamic online platform that showcases updated and real-time investment opportunities in the country. The platform... | the platform is envisaged as a one stop solution for all stakeholders looking for information on infrastructure projects in the country. the platform will ensure easy access to updated project information and attract investors for PPP projects. in the budget speech of 2019-2020, sitharaman announced an outlay of Rs 100... |
user | New Delhi: Falling for the second straight day, gold prices on Saturday edged lower by ₹ 40 to ₹ 32,550 per 10 grams at the bullion market amid tepid demand from local jewellers and a weak trend overseas. But gold prices still remained near six-year high levels. Gold had risen by ₹ 125 on Thursday to over six-year high... | gold fell for second straight day amid tepid demand from local jewellers. but gold prices still remained near six-year high levels. global gold eased to $1,233.80 an ounce in new york on friday. silver prices recovered by 100 to 39,600 per kg on back of increased offtake. silver ready staged a comeback by rising 100... |
user | ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK We are subject to various market risks, including interest rate risk and commodity price risk. Our loan is subject to a variable quarterly interest rate based upon LIBOR plus 17.75%. As of December 31, 2000, the outstanding loan balance subject to inte... | KKM is exposed to various market risks, including interest rate risk and commodity price risk. The loan taken out by KKM is subject to a variable quarterly interest rate based on LIBOR plus 17.75%. KKM must begin repaying the loan on December 31, 2001, and estimates that $36.0 million to $45.0 million of net cash flows... |
user | It is welcome that the government has come out with detailed guidelines for relaxation of restrictions in different sectors of the economy after April 20. The choice of sectors allowed to resume working makes sense. So does coming out with guidelines five days in advance, rather than five hours beforehand. Two shortcom... | government has come out with detailed guidelines for relaxation of restrictions in different sectors of the economy after April 20. it is welcome that small traders are allowed to get back to work, as well as self-employed handymen. but why not the organised servicing of air-conditioners, water purifiers, refrigerators... |
user | The Securities and Exchange Board of India (Sebi) on Monday extended the timeline for the implementation of the guidelines for portfolio managers by three months to October 1 in the wake of the Covid-19 crisis. In February, the markets regulator had mandated that no upfront fees should be charged by portfolio managers ... | the timeline for the implementation of the guidelines for portfolio managers has been extended by three months. in the wake of the covid-19 crisis, the markets regulator had mandated that no upfront fees should be charged by portfolio managers to clients. the regulator had also mandated portfolio managers to provide an... |
user | Nine out of every ten showrooms of two-wheeler manufacturers are now operational across the country. Customer enquiries and even bookings have reached to pre-covid levels for some players. Pent up demand and the need for private mobility may be the reason behind the spurt. More on this later in the copy but first here ... | nine out of ten showrooms of two-wheeler manufacturers are now operational across the country. customer enquiries and even bookings have reached to pre-covid levels for some players. motherson sumi wants to triple revenues to $35 billion over the next five years. retail car volumes drop 87% in may. a decade after acqui... |
user | I-T Lens on Google, Amazon & Apple for likely ₹5kcr Demand The Income Tax (I-T) Department is investigating the Indian units of Apple, Google and Amazon over possible non-payment of tax. In connection with a probe that began in 2021, the authorities have sought detailed explanations from the tech behemoths on their tra... | the income tax (I-T) department is investigating the Indian units of Apple, Amazon and Amazon over possible non-payment of tax. the authorities have sought detailed explanations from the tech behemoths on their transfer pricing (TP) practices. in connection with a probe that began in 2021, the authorities have sought d... |
user | Companies across the world shifted to work-from-home culture soon after coronavirus pandemic struck earlier this year. While some have returned to their offices since, many are still operating from work-from-home. The pandemic has also struck the global economy with news of layoffs and salary cuts making headlines ever... | coronavirus pandemic has hit the global economy and left many working from home. one company is giving an annual bonus to its employees as planned in April 2020. company also pushes salary date by 10 days for months of April, May and June. company also provides work-from-home allowance of Rs 18,000 for all its employee... |
user | Representative image As the lockdown continues, small and medium enterprises have been adversely affected as manufacturing has come to a grinding halt. "Without business activity for three months, it is highly unlikely that MSMEs will be able to repay the debt," said Mukesh Mohan Gupta, Chairman, Chamber of Indian Micr... | small and medium enterprises have been adversely affected by the lockdown. there is no clarity on the interest payments of term loans. 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 mimicking a natural infection. a vaccine ... |
user | ITEM 3. LEGAL PROCEEDINGS In December 2017, a short seller released a report regarding our compliance with the FCPA. Following that report, we and certain of our executive officers have been named as defendants in several lawsuits in the United States District Court for the Central District of California (the "District... | MINE SAFETY DISCLOSURES
In December 2017, a short seller released a report regarding OSI Systems' compliance with the Foreign Corrupt Practices Act (FCPA). Following this report, OSI Systems and certain of its executive officers were named as defendants in several lawsuits in the United States District Court for the C... |
user | Others Others Others Ramesh, a daily wage labourer from Gaya (Bihar) works in a brick kiln factory in Madhya Pradesh that is situated in a region that does not have any bank or ATM in its 10 km vicinity. As a result, he finds it extremely hard to obtain money, unless he decides to skip half a day's work - just to visit... | payworld is one such digital-led finance player targeting a large number of individuals in the bottom of the pyramid (BTP) section of the society. the company boasts of more than 200,000 retail points across the country. it is a source of (additional) revenue for thousands of rural-based entrepreneurs. the company has ... |
user | ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK We have market risk exposure related to fuel prices, interest rates and foreign currency exchange rates. Market risk is the potential negative impact of adverse changes in these prices or rates on our Consolidated Financial Statements. In an effort to ... | FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
This text discusses the market risks that the company is exposed to, such as fuel prices, interest rates, and foreign currency exchange rates. The company may enter into derivative contracts to manage these risks, and the potential impacts of changes in these prices or rates... |
user | New Delhi: Domestic passenger vehicle (PV) dispatches are likely to decline by 10-12 per cent in the current financial year due to COVID-19 pandemic , rating agency Icra said on Friday. Icra said the lockdown will put financial stress on consumer's income level and will result in deferral of non-discretionary items lik... | lockdown will put financial stress on consumer's income level. overall wholesale dispatches will decline by 10-12 per cent this year. recovery in rural income and improvement in economic activity will remain crucial. COVID-19 outbreak has further altered landscape in the last two months. domestic economy expected to wi... |
user | Even as reports of the possibility of US restoring tax benefits under its Generalised System of Preferences (GSP) scheme to India as part of a limited trade deal surface, an analysis by an Indian researcher says the reinstation of benefits may not be too attractive for India. The average tariff advantage that India los... | an analysis by an Indian researcher says the reinstation of benefits may not be too attractive for India. the average tariff advantage that India lost due to the withdrawal of GSP benefits by the US has been 4.31 percent. top sectors accounted for 95 percent of GSP imports in 2018, according to Murali Kallummal. he say... |
user | live bse live nse live Volume Todays L/H More × As the government charts out a revival plan for troubled private sector lender Yes Bank with State Bank of India playing white knight, Moneycontrol's Deputy Editor (Deals) Ashwin Mohan caught up with the man who once occupied centre stage at India's fifth-biggest private ... | a new revival plan for troubled private sector lender Yes Bank is being charted. the government is oking a 49 percent investment by pumping in Rs 2,450 crore. yes bank's former MD and CEO, Rana Kapoor, is now firmly in the background. he says the bank has a white knight with deep pockets and is highly credible. |
user | Union Minister Nitin Gadkari on Monday said the construction and beautification work is progressing for the Ayodhya bypass at Rs 55 crore to showcase the historic city. Prime Minister Narendra Modi is expected to visit the city to lay the foundation stone of the Ram Temple on August 5. "Sri Ram is a symbol of our cultu... | the 16-km-long bypass will be built on the site of the Ram temple. the project is worth Rs 55 crore and includes a bypass construction work of Rs 40 crore. ayodhya's prime minister is expected to lay the foundation stone of the temple on august 5. the u.s. government has urged the government to take steps to improve th... |
user | China on Tuesday said that it had never been a currency manipulator and the US’ decision to remove the label is “in line with the facts” as it claimed that the exchange rate of its currency is based on the “economic fundamentals” of the Chinese economy. The US on Monday removed the currency manipulator label it imposed... | the US removed the label it imposed on china last summer. it is a sign of easing tensions between the economic powers after nearly two years of conflict. the move comes just two days before president.. Trump is set to sign a Phase One trade deal with china. the u.s. said it made the change because china had agreed to r... |
user | If you have USD 1 million and you are looking to buy a luxury home anywhere in the world, the most value for money option would be Sao Paulo. The largest city in Brazil can also get you the biggest prime housing space in USD 1 million—173 sqm. This is nearly 11 times the landmass you will get in Monaco in the same amou... | the largest city in Brazil can get you the biggest prime housing space in USD 1 million—173 sqm. this is nearly 11 times the landmass you will get in Monaco in the same amount. Cape Town, which is currently battling a water crisis, has the second most inexpensive housing space in the world. the same amount can get a bu... |
user | Unlock Leadership Excellence with a Range of CXO Courses Offering College Course Website IIM Lucknow IIML Chief Operations Officer Programme Visit IIM Lucknow IIML Chief Executive Officer Programme Visit Indian School of Business ISB Chief Digital Officer Visit The point that most commentators are making, which I will ... | aaron aaron: what comes to rescue at this point in time is asset allocation. he says there are fears of leverage at retail and at the MSME level. aaron: we really do not know how bad it will get because it will depend on whether lockdown gets lifted. he says we need to be prepared for the worst and to be prepared for t... |
user | The Wadia Group, which owns budget carrier GoAir, is looking for buyers for its 13-year-old airline, multiple sources aware of the development told FE. It is understood that the promoters have appointed a merchant bank in the UK to gauge buyers’ interest in the airline and be the transaction adviser for the deal if it ... | the promoters have appointed a merchant bank in the uk to gauge buyers’ interest. the 13-year-old budget carrier is owned by the Wadias. the promoters have always maintained that GoAir is a profitable, debt-free company. the company posted a profit after tax of Rs 200 crore in FY17. a spokesperson for the airline said,... |
user | Walmart-owned Flipkart has said that its biggest annual sale event The Big Billion Days will help create more than “70,000 direct and lakhs of indirect seasonal jobs.” The direct jobs will come up in areas including the company’s supply chain involving delivery executives, pickers, packers and sorters while the indirec... | Walmart-owned Flipkart says its biggest annual sale event will help create more than 70,000 direct and lakhs of indirect seasonal jobs. direct jobs will come up in areas including the company’s supply chain involving delivery executives, pickers, packers and sorters. the indirect jobs will be created at Flipkart’s sell... |
user | TikTok created a new set of content creators in India who, in 15 seconds, entertained viewers, and became stars, aka influencers, in their own rights. Now, with the ban on the Chinese app, what happens to them? TikTok had 200 million users in India. “I worked very hard to get 40,000 followers. TikTok was the most trend... | the ban on the Chinese app, TikTok, has left many content creators in the country. some will have to search for alternative platforms. others will see a significant drop in revenue. the ban is a blow to the industry, says a spokesman. the app is banned in china and is banned in asia. a spokesman says the ban is a "shor... |
user | India’s GDP is likely to range between a decline of 0.9 per cent and a growth of 1.5 per cent in the current financial year, with the economy undergoing a “turbulent” phase caused by the coronavirus-induced lockdown, according to a report. The Confederation of Indian Industry (CII) in a paper – A plan for economic reco... | the economy is likely to undergo a 'turbulent' phase caused by the lockdown. the confederation of Indian industry has suggested 'urgent' fiscal interventions. the plan is based on three scenarios and is expected to see growth of 1.5 per cent. the economy is expected to be constrained by restrictions on free movement of... |
user | Indo Nepal friendship has been strengthened over decades due to cultural similarities and links between families. But that friendship is confronted with challenges due to vested interests of certain powers.After India became independent, the first Indian Prime Minister Jawaharlal Nehru stressed for economic development... | india has been continuously assisting Nepal through infrastructural development, airport in Kathmandu. Nepalese do not require any work permit in india. india spends around 12 billion dollars for pension to Nepalese nationals only in a year. the country has been assisting Nepal through infrastructural development, airp... |
user | The Gujarat Cooperative Milk Marketing Federation Ltd, which markets Amul milk and dairy products, reported a 17% increase in turnover to Rs 38,550 crore in the year ended March 31. The Amul group’s turnover exceeded Rs 50,000 crore, which is also 17% higher than last year. Amul Federation has achieved a Compound Annua... | the Gujarat Cooperative Milk Marketing Federation reported a 17% increase in turnover to Rs 38,550 crore in the year ended March 31. the group’s turnover exceeded Rs 50,000 crore, which is also 17% higher than last year. the company has achieved a Compound Annual Growth Rate (CAGR) of more than 17% since last 10 years.... |
user | Jaya Shree Textiles' fabric brand Linen Club expects to double its business to Rs 1,500 crore and add 200 stores in its sales network by 2024, said a company official.As part of expansion, the Aditya Birla Group company is focusing to expand in tier II and III markets along with its cluster based approach, where people... | Jaya Shree Textiles' fabric brand Linen Club expects to double its business to Rs 1,500 crore by 2024. the company is also exploring opportunities to open stores in southeast Asian regions. the company has opened its 195th store at Khan market last week. the bulk of its stores, which is over 100, are in southern india,... |
user | By Rajiv Bhatia The Group of 20 (G20) summit on November 21-22, hosted by Saudi Arabia, had an unusual backdrop. US President Donald Trump, defeated in the November 3 national elections and delaying the presidential transition to his successor Joe Biden, prioritised improving his golf handicap over substantive particip... | the group of 20 (G20) summit on November 21-22, hosted by Saudi Arabia, had an unusual backdrop. the world has no choice but to pay attention to what the G20 does because it remains the most prominent forum for international cooperation. the group arranged $21 billion for tools and medicines to fight covid-19 and $14 b... |
user | Leading Pakistani newspapers have criticised Prime Minister Imran Khan for failing to address the challenges faced by the country, especially on the economic front and for the “imperious haste” of his government to pass bills in Parliament to amend the Army Act to secure the job of top general Qamar Javed Bajwa. “It is... | the nation, in an editorial, noted that the PTI has not learnt the lesson yet. the party led by Khan may be in power for the first time, but it cannot claim ignorance of the democratic procedure. the party is riding roughshod over the checks and balances placed in the Constitution by its framers, it said. the recent hi... |
user | At a time when debate around data localisation is gaining ground, The Dialogue, an emerging public-policy think-tank, came up with a report stating India may incur a nearly 1 percentage point loss in gross domestic product (GDP) in the short and medium term if the country goes ahead with forced data localisation in its... | report says forced data localisation could cost an average worker up to 11 per cent of salary. report says localisation policies could also impact india's ease of doing business ranking. avik Sarkar, head of data analytics cell, NITI Aayog, says likes of facebook, google and apple own 10-15 per cent of global data. he ... |
user | The Nifty has been on steroids after sinking to 7,500 in late March 2020, with the benchmark index gaining more than 73 percent in the last eight months to go past 13,000. Market benchmarks the Sensex and the Nifty scaled fresh peaks of 44,601.63 and 13,079.10 in intraday trade on November 24 as investor sentiment got ... | the Sensex and the Nifty scaled fresh peaks of 44,601.63 and 13,079.10. the Sensex closed 446 points, or 1.01 percent, up at 44,523.02. the nifty settled with a gain of 129 points, or 1 percent, at 13,055.15. the market has been on a volatile track for the last eight months. |
user | In May 2014, the people of India gave an unprecedented mandate to the BJP government, led by Mr Narendra Modi, hoping for a strong leadership and greater economic activity and prosperity. The Modi government came to power and promised to grow India into an economic hub which is inclusive for all its citizens. Since the... | the BJP government came to power in may 2014 and promised to grow India into an economic hub which is inclusive for all its citizens. the'make in india' policy attracted large multi-national corporations towards setting up their manufacturing facilities in india. implementation of GST gave large FDI investors the oppor... |
user | By Mohamed A El-Erian As excited as we all understandably are about the arrival of the first Covid-19 vaccines, the immediate road ahead remains treacherous. The US, in particular, could be on the verge of a horrible scenario in which ongoing slippages in each of four areas—public health, the economy, policy, and house... | the US could be on the verge of a horrible scenario in which slippages in each of four areas end up making those in the other areas worse. the US has the means to arrest these dynamics and transform them into a virtuous cycle. the third area of concern is the overall US policy response to the economic crisis, which rem... |
user | The European Commission on June 16 launched formal antitrust investigations into tech giant Apple's rules pertaining to its App Store and Apple Pay platforms. The two parallel investigations will assess whether Apple's rules for app developers on the distribution of apps via the App Store and its conduct in connection ... | the european commission launches antitrust investigations into apple's rules. the probe will look into the mandatory use of Apple's own proprietary in-app purchase system. the other investigation will look into the company's measures for integrating Apple Pay. the Commission says it has concerns that Apple's rules may ... |
user | Tata Consultancy Services (TCS), the country's largest software exporter, on Thursday reported a 13.8 per cent year-on-year decline in its consolidated net profit at Rs 7,008 crore for the first quarter ended June 30, 2020 (Q1 FY21) as business was disrupted by coronavirus pandemic. The Mumbai-headquartered company had... | india's largest software exporter reports 13.8% year-on-year decline in consolidated net profit. the company posted consolidated net profit of Rs 8,131 crore in the same quarter. industry wise, revenue growth for FY20 was led by life sciences and healthcare business. growth declined in all other markets: north american... |
user | There is a near bloodbath in the economy post the most severe health shock from COVID-19 outbreak and the business disruption from a 74-day lockdown. The Rs 200 lakh crore Indian economy is expected to shrink between 5 and 10 per cent in 2020-21 for the first time in four decades. The government's budget math has alrea... | india's stock market is defying logic and science of reasoning. stock market is like an island separated from the economy. india's coronavirus cases jumped from 500 levels to 2.36 lakh. the stock market is a casino in a corner street. the government is putting pressure on the government to cut spending. the government ... |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.