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…
HDFC Bank’s deposits rise 25% to Rs 11,89,500…
Mumbai: Top private lender HDFC Bank on Saturday said its advances grew 21 per cent at the end of June, from a year ago, while deposits rose 25 per cent. In an exchange filing, the…
Unemployment is falling. But it may be short-lived:…
President Donald Trump speaks to journalists in the Brady Press Briefing Room at the White House July 2, 2020. The president addressed reports that the unemployment rate fell to 11.1%.Chip Somodevilla/Getty ImagesThe U.S. unemployment rate…
Fitch has downgraded a record number of sovereign…
Fitch Ratings has downgraded a record 33 sovereign ratings in the first half of this year — and the agency is not done yet as the coronavirus pandemic pummels government finances.James McCormack, Fitch's global head…
TikTok distances from Beijing in response to India…
NEW DELHI: Social media app TikTok distanced itself from Beijing after India banned 59 Chinese apps in the country, according to a correspondence seen by Reuters. In a letter to the Indian government dated June…
No relief for Mudra Shishu loan borrowers during…
KOLKATA:Mudra Shishu loan borrowers opting for moratorium on their existing debts would not get the 2% interest subvention under the Centre’s Covid-19 relief package before the expiry of the repayment holiday, the finance ministry said.…
8 tips from value investor Guy Spier for…
Zurich-based value investor Guy Spier says the secret of becoming a successful value investor lies in leading an ethically sound life by making morally correct investment decisions, which in turn would bring financial success. Spier…
Handicapping the market from here — what history…
A view of the New York Stock Exchange (NYSE) is seen at Wall Street on June 29, 2020 in New York City.Angela Weiss | AFP | Getty ImagesCan history help handicap where markets head from…
Why coronavirus contact-tracing apps aren’t yet the ‘game…
Germany's coronavirus contact-tracing app, Corona-Warn, is displayed on an iPhone in Berlin on Tuesday, June 16, 2020.Krisztian Bocsi | Bloomberg via Getty ImagesCoronavirus contact-tracing apps were meant to play a significant role in how some…