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…
Building capital buffers, managing liquidity crucial for MFIs:…
MUMBAI: As COVID-19 is likely to pose financial risks for microfinance institutions (MFIs), there is a need to build capital buffers and manage cash positions for micro lenders to protect their balance sheets from any…
New Sebi norms will make multi cap schemes…
The new Sebi norms will make multi cap mutual fund schemes riskier than they are now. According to the new norms, multi cap schemes are mandated to invest 75% of the total assets equally divided…
Wall St week ahead: Fed meeting in focus…
By Lewis KrauskopfNEW YORK: Investors are shifting their focus to the Federal Reserve's monetary policy meeting next week as they seek cues following a recent technology-led U.S. market sell-off. So far, few believe the past…
House Democrats say coronavirus small-business program helped businesses…
A federal coronavirus small-business loan program has helped millions of companies stay afloat during the pandemic, but may have also sunk billions of dollars on "fraud, waste, and abuse," House Democrats said Tuesday.The conclusion from…