Los Angeles Police Department commander Cory Palka stands among several destroyed police cars as one explodes while on fire during a protest over the death of George Floyd, Saturday, May 30, 2020, in Los Angeles.Mark…
Get more in hand, but PF kitty to…
MUMBAI: Take-home salaries of employees would increase with the government’s move to reduce the statutory employee provident fund (PF) contribution from 12% to 10% for three months. However, this would come at the cost of…
Who says 5-year MF SIPs giving lower returns…
Ajay Tyagi, Executive Vice-President and Fund Manager for Equity at UTI AMC, busts a few myths about equity investing in bear markets, mutual fund SIPs and the so-called bad patch for financial stocks. Read on…How…
Tech Mahindra R&D unit leverages AI for research…
NEW DELHI: Makers Lab, the research and development arm of Tech Mahindra, on Friday said it has leveraged Artificial Intelligence to conduct research and find potential therapeutic drugs for treatment of COVID-19. "Testimony of a…
Here’s what happened to the stock market on…
Dow Jones Industrial Average rises 60 pointsBiggest retail sales drop everU.S. monthly retail sales fell by 16.4% in April, a record. So-called core retail sales — which exclude auto, gas, food and building materials sales…
Is it the end of the road for…
Credit risk funds are fighting for their survival these days. A series of defaults and all the talk of liquidity crisis in the money market are scaring investors away from these funds. After the Franklin…
L&T Finance Holdings Q4 results: Net profit declines…
New Delhi: L&T Finance Holdings on Friday reported a 30 per cent decline in consolidated net profit at Rs 384.86 crore for the fourth quarter ended March due to higher provisioning because of COVID-19 pandemic.…
German economy posts sharpest contraction since the financial…
Kirsztian Bocsi/Bloomberg via Getty ImagesGerman GDP (gross domestic product) shrank by 2.2% in the first quarter compared to the final three months of 2019, official statistics revealed Friday.The contraction, fueled by the early stages of…
Reliance Jio announces new quarterly ‘work-from-home’ plan
Reliance Jio announced a new Work-from-Home plan for high data prepaid users on Friday. A quarterly plan has been introduced for users, offering 3GB per day for Rs 999 for 84 days. This brings the…