Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers. The price for a container of goods from China…
Use tech tools to facilitate online KYC: Sebi…
New Delhi: With an aim to allow ease of doing business in the securities market, Sebi on Friday decided to make use of technological innovations like electronic signature to facilitate online KYC. The decision has…
7 charts show how the coronavirus pandemic has…
In a protest designed to adhere to social-distancing, 1,000 pop-up signs were arranged on the lawn of the U.S. Capitol Building showing the faces of nurses and frontline healthcare workers pleading for adequate personal protective…
Apple clears bills of partners for 2 months
Kolkata| Mumbai: Apple has paid its 500-odd exclusive stores in the country two months of rent and salaries for store staff apart from extending payment period to 60 days, even as consumer goods biggies like…
Banks avoid NBFC lending, take 50% of RBI’s…
Small non-banking finance companies continued to be shunned by banks, which availed only half of the Rs 25,000-crore refinance offered by the RBI for lending to NBFCs. This was despite the RBI’s attempt to improve…
‘Big Short’ Steve Eisman likes the big US…
Renowned investor Steve Eisman said Thursday U.S. banks are an attractive investment following the coronavirus-induced market sell-off."I actually think long-term, the best cyclical play out there are the very large banks," Eisman, senior portfolio manager…
Next 3 months will be critical for Indian…
What your outlook for emerging market fund flows? It seems April outflows around could be closer to $ 10 billion, but outflows from India have decreased significantly to just about $ 0.5 billion this month…
Apple aims to sell Macs with its own…
SAN FRANCISO: Apple Inc is planning to start selling Mac computers with its own main processors by next year, relying on designs that helped popularise the iPhone and iPad, according to people familiar with the…
Here’s what happened to the stock market on…
A woman walks in the rain outside the New York Stock Exchange (NYSE) in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York, April 13, 2020.Andrew Kelly…