Business
US Adds Chinese Drone Company DJI to Economic Blacklist
Commerce Secretary Wilbur Ross on Friday criticized what he called China’s “ubiquitous surveillance to repress its citizens in Xinjiang and elsewhere.”
Exclusive: Brexit Clouds Airline Ownership As Spanish-led Fix Rebuffed
Spain, Ireland and Hungary have tried and failed to loosen EU airline ownership rules in a draft aviation deal with the UK, two people with knowledge of the matter said, out of concern about Brexit's impact on British Airways owner IAG, Ryanair and Wizz A...
Wall Street Drops As Stimulus Rally Cools, Tesla At Record High
Wall Street retreated from record highs on Friday as a coronavirus stimulus deal remained in focus ahead of a weekend deadline, while Tesla shares hit their highest in anticipation of their addition to the S&P 500 next week.
U.S. Blacklists Dozens Of Chinese Firms Including SMIC, DJI
The United States confirmed on Friday it will add dozens of Chinese companies, including the country's top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co Ltd, to a trade blacklist.
Winter Travel Raises More Fears Of Viral Spread
Tens of millions of people are expected to travel to family gatherings or winter vacations over Christmas, despite pleas by public health experts who fear the result could be another surge in cases like the one that has swept the nation since Thanksgiving...
Rupee Opens 5 Paise Higher at 73.54 Against Dollar
At the interbank forex market, the domestic unit opened at 73.55 against the greenback, then inched higher and touched 73.54, registering a rise of 5 paise over its previous close. On Thursday, rupee settled flat at 73.59 against US dollar.
World Stocks Advance After Stimulus Talks Lift Wall St
World markets advanced on Wednesday after revived hopes for more aid for the U.S. economy broke a four-day losing streak on Wall Street.
Oil Prices Ease On Surprise Build In U.S. Inventory, Demand Worries
Oil prices dropped on Wednesday on a surprise gain in crude oil inventories in the United States and as investors continued to worry about demand for fuel being squeezed amid tighter lockdowns in Europe to counter the coronavirus pandemic.
Govt Extends Deadline for Completing GST Anti-profiteering Probe Till March 2021
Under the GST law, a National Anti-Profiteering Authority (NAA) and a Standing Committee on anti-profiteering have been set up to examine complaints of not passing on tax rate cut benefits to consumers.
UK Plans Big Fines For Online Companies Over Harmful Content
Social media and other internet companies face big fines in Britain if they don't limit the amount of harmful material such as child sexual abuse or terrorist content on their platforms, officials said Tuesday.
Gold Firms As U.S. Stimulus Progress Weighs On Dollar
Gold prices inched higher on Tuesday as the dollar weakened, though the start of COVID19 vaccinations in the United States and Canada buoyed hopes of a swifter global economic recovery and kept the metal's gains in check.
Oil Slips On Demand Worries As COVID-19 Lockdowns Tighten In Europe
Oil prices dipped in early trade on Tuesday, with demand worries due to tighter lockdowns in Europe outweighing relief from vaccination rollouts and concerns about a flareup of tension in the Middle East.
Agri Reforms: Reliance Jio Seeks TRAI Action Against Airtel, Vodafona Idea for Spreading Rumours
According to RJio, customers are citing these campaigns as the sole reason for porting out of Jio without having any complaints or other issues related to its services.
In Latin America, A Biden White House Faces A Rising China
Donald Trump was clear with Latin America during his fouryear administration: don't do business with China. The message failed to hit home.
This is Why Your In-hand Salary Will Reduce from April 2021
The Code on Wages Bill, 2019, passed in Lok Sabha last year on July 30 and Rajya Sabha on August 2, seeks to amend and consolidate laws relating to wages, bonus and matters connected therewith.
Why Investing in Fixed Deposits for Long Term is Not a Smart Option
Experts do not advise investors to put money into FDs for long terms. The reason behind this is that they believe interest rates could go up due to rising inflation at least in the next one year or so and in such a case, the risk of losing out is high.