U.S. Senate Majority Leader Mitch McConnell (R-KY) arrives as Senate Republicans hold their weekly policy lunch on Capitol Hill in Washington, June 16, 2020.Jonathan Ernst | ReutersThe $ 600 boost in weekly unemployment checks ends…
The rise of GenNext Champions: How to identify…
Covid-19 is leading to rapid consolidation across a range of sectors in India, including those in which well-run smallcap companies participate. While the ability of consistent compounders like Asian Paints, HDFC Bank and Page Industries…
Hindustan Copper Q4 results: Company reports net loss…
NEW DELHI: Hindustan Copper on Tuesday posted a consolidated loss of Rs 514.27 crore for the quarter ended on March 31, 2020. The company had posted a consolidated profit of Rs 40.37 crore in the…
Collection efficiency of micro-finance institutions improve in June:…
MUMBAI: The collection efficiency of micro-finance institutions (MFIs) have witnessed an improvement in June following the easing of lockdown restrictions, says an Icra report. It said relaxation in lockdown restriction has enabled domestic MFIs to…
EU leaders reach ‘pivotal’ deal on pandemic recovery…
German Chancellor Angela Merkel (R) and French President Emmanuel Macron (L) arrive for a joint press conference at the end of the European summit at the EU headquarters in Brussels on July 21, 2020.JOHN THYS…
US social media giants like Insta, Facebook and…
(This story originally appeared in on Jul 21, 2020)NEW DELHI: The ban on Chinese apps, especially popular ones like ByteDance’s TikTok and Helo, is resulting in a windfall for US social media giants like Instagram,…
Credit complaints to federal consumer agency have spiked…
Rob Daly | OJO Images | Getty ImagesHouseholds aren't too happy with the U.S. consumer financial ecosystem these days, a report suggests.Complaints made to the federal Consumer Financial Protection Bureau were up 50% from March…
‘Don’t get greedy’ — Mark Cuban warns investors…
Billionaire Mark Cuban told CNBC on Monday that the stock market's rally from its late-March coronavirus-driven low reminds him of the 1990s dot-com bubble."In some respects it's different because of the Fed and the liquidity…
Jeff Bezos adds record $13 billion in single…
By Jack PitcherJeff Bezos added $ 13 billion to his net worth on Monday, the largest single-day jump for an individual since the Bloomberg Billionaires Index was created in 2012. Amazon.com Inc. shares surged 7.9%,…