Asian stocks were set to rise on Tuesday as a renewed tech rally and fresh optimism that Washington would deliver a coronavirus relief package helped lift global equity markets. Shares …
Business
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With the deadline for filing tax returns approaching, two friends, share their tax woes. Ram: I made a neat gain of ₹1 lakh when I sold some of my old …
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Rutam Vora Even as cotton consumption is expected to return to pre-Covid levels during the ongoing season (October to September), the closing stock is likely to be one of the …
- Finance
American Express shares dip on report that federal investigators are probing sales practices
American Express shares fell after the Wall Street Journal reported that the investigative arms of three U.S. financial agencies were probing the card issuer’s sales practices. Shares of the company …
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The restaurant industry spent most of 2020 trying to recover from the coronavirus pandemic, but the final month of the year saw weak sales worsen. In December, transactions at U.S. …
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The margin trajectory will remain moderately under pressure, given the continued monetary easing, low lending rates and relatively higher liquidity on bank balance sheets. Private lenders have reported a sequential …
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TipRanks Oppenheimer: These 3 Stocks Could Spike Over 80% Wall Street’s best firms don’t just look at the stocks, they look at the big picture, too. And Oppenheimer’s chief investment …
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Mutual Fund dividend plan assets have seen a 50% drop over the past year as Budget 2020 made dividends taxable at slab rates. In a circular issued on 5 October, …
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The Dow, S&P 500, Nasdaq and Russell 2000 each hit new all-time highs Monday. Investors are giddy with excitement and they clearly believe that both big blue chip multinationals and …
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Varadhan, an NRI aged 55 and retiring in 2021, has been working in West Asia for the last 30 years. He wanted to return to India and live comfortably in …
- Business
SoftBank’s 6 mega IPO bets in 2021 that might make Masayoshi Son demi-god for technology startups
Insurance aggregator startup Policybazaar is looking for an IPO this year. Photographer: Kiyoshi Ota/Bloomberg SoftBank’s Masayoshi Son was successfully able to silence his critics in 2020 after recovering from WeWork’s …
- Finance
Unemployment claims for self-employed and gig workers fell by 50%. Here’s why that’s misleading
Uber driver picking up customer. Al Seib | Los Angeles Times | Getty Images Self-employed and gig workers applied for unemployment benefits last week at half the level from the …
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Asian stocks saw modest losses Thursday as investors weighed earnings reports from large U.S. banks and fading signs of a stimulus deal before next month’s election. The dollar steadied after …
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The margin trajectory will remain moderately under pressure, given the continued monetary easing, low lending rates and relatively higher liquidity on bank balance sheets. Banks are likely to post weak …
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Oil prices edged higher on Friday, hovering near 11-month highs hit the previous day, as Saudi Arabia’s pledge to make voluntary cuts to its output continued to buoy the mood …
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In order to boost the adoption of digital payments further, the Reserve Bank of India last week allowed the transfer of funds through Real-Time Gross Settlement (RTGS) round-the-clock, 365 days …
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Drew Angerer | Getty Images News | Getty Images No, you didn’t hit the $520 million Mega Millions jackpot. The lottery game’s top prize has climbed to a whopping $600 …
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The insurance regulator, IRDAI, recently mooted the draft guidelines for a standard personal accident product and it is mandated to be offered by all general and health insurance companies. A …
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For all the talk about bitcoin (and broadly crypto) being easier to buy than ever before, Friday morning, as bitcoin was topping $41,000 per coin, I spent hours trying to …
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Online finance start-up SoFi is set to go public by merging with a blank-check company run by venture capital investor Chamath Palihapitiya, the companies announced Thursday. The merger with Palihapitiya’s …
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Mexico is ready to hit the U.S. where it hurts: Corn. Mexico is one of the top buyers of American corn in the world today. And Mexican senator Armando Rios …
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The bond issuance was a part of SBI’s $10 billion medium term note programme, the ratings of which were withdrawn by rating agency Moody’s. Image: PTI State Bank of India …
- Business
Mukesh Ambani slips further on world’s top 10 richest billionaires list; RIL stock off 22% from record high
According to the Bloomberg Billionaire Index, today Mukesh Ambani has come down to 13th spot with total net worth at $74.3 billion (Rs 5.45 lakh crore). Image: Bloomberg Reliance Industries …
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A far more confident, poised and assertive Nirmala Sitharaman looked nothing like the fumbling finance minister just a few months back when she announced the first fiscal package. The almost …
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India’s stock benchmark rose, clocking its tenth straight session of gains, as investors piled into beaten-down shares in the last hour of trading. The S&P BSE Sensex closed up 0.4% …
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After announcing standardisation in term life and health insurance, the insurance regulator, IRDAI, is now set to bring standardisation in home insurance as well. As per its recent circular dated …