Business
Wall Street Rallies On U.S. Stimulus And Vaccine Hopes As Bond Markets Calm
Global equities markets rose and the S&P 500 on Monday had its best day since June 5, with investors taking lower U.S. bond yields in stride on optimism over the $1.9 trillion coronavirus relief bill and distribution of Johnson & Johnson's newly authorize...
Private Investment Missing in Action, Cautions RBI in its Monthly Bulletin
RBI Governor Shaktikanta Das had had said that the Centre needs to ramp up spending on the infrastructure sector which will in turn help in pooling in private investments for the sector.
Analysis: How Idled Car Factories Super-charged A Push For U.S. Chip Subsidies
When President Joe Biden on Wednesday stood at a lectern holding a microchip and pledged to support $37 billion in federal subsidies for American semiconductor manufacturing, it marked a political breakthrough that happened much more quickly than industry...
Odisha CM Urges Bankers To Increase Credit Flow To Farmers,
Odisha Chief Minister Naveen Patnaik on Friday urged banks to expedite the process of credit disbursement to farmers, self-help groups and MSMEs to help them overcome financial constraint arising out of the COVID-19 crisis. During a virtual meeting with b...
Gold Slumps As Rising U.S. Yields, Dollar Dull Lustre
Gold tumbled 3% to an eightmonth low on Friday en route to its worst month since November 2016 as a stronger dollar and elevated U.S. Treasury yields hammered nonyielding bullion's appeal.
India Exits Recession, Economy Records 0.4% Growth in December Quarter
The gross domestic product (GDP) had expanded by 3.3% in the corresponding period of 2019-20, according to data released by the National Statistical Office (NSO).
Analysis: Bubbles, Bubbles Bound For Trouble?
The $6.2 billionanhour rise in the value of world stocks since March was dubbed the "mother of all asset bubbles" by BofA analysts last week and all of a sudden there is a highpitched hissing sound.
Wall Street Pulls Back, Weighed Down By Tech
Wall Street retreated on Tuesday as investors shifted away from megacap growth stocks, but the selloff eased following reassurances from U.S. Federal Reserve Chairman Jerome Powell.
Aon Survey Reveals India Inc Will Offer 7.7% Salary Hike in 2021
The Aon survey showed that among sectors, e-commerce and venture capital-backed firms will offer highest salary hikes while hospitality and restaurants will offer the lowest at 5.5 percent in 2021.
Dollar Snaps Two-day Winning Streak, Bitcoin Hovers Near Record Highs
The dollar lost ground on Thursday, ending its first twoday winning streak in two weeks as disappointing labor market data tempered expectations for a speedy economic recovery from the global health crisis.
Women in India Found Employable Than Men, Maharashtra Top State in Employability: Skills Report
The number of women enrolled in colleges and degree programs increased over the past, said the report that assessed about 65,000 candidates.
Exclusive: Kraft Heinz, Conagra May Raise Some Product Prices As Grains, Edible Oil Costs Surge
Kraft Heinz Co and Conagra Brands Inc said they may choose to raise prices this year on some products that use wheat, sugar and other commodities that are becoming increasingly expensive due to high demand.
Global Shares Extend Gains On Global Optimism, Vaccine Hopes
Global shares advanced on Tuesday, lifted by the economic recovery, vaccine rollouts and signs that new coronavirus cases may be abating.
New Enrollment Window Opens For Health Insurance Shoppers
Health insurance shoppers stuck in a bad plan or unable to find coverage have a new option for help.
Global Shares Hit Peak, Oil Up On Middle East Tensions
Global shares rose for the 11th day in a row to reach a peak on optimism about the rollout of COVID19 vaccines and new fiscal aid from Washington, while tensions in the Middle East drove oil to a 13month high.
Global Shares Hit New Peak, Oil Up On Middle East Tensions
Global shares rose for the 11th day in a row to hit a fresh peak on optimism about the rollout of COVID19 vaccines and new fiscal aid from Washington, while tensions in the Middle East drove oil to a 13month high.