Ajit PaiBrad Quick | CNBCFederal Communications Commission Chairman Ajit Pai will step down from his post on Jan. 20, the day President-elect Joe Biden is inaugurated, he announced Monday.The announcement means that the FCC could…
RBI extends deadline for banks’ compliance with new…
KOLKATA: The Reserve Bank of India has given more time to banks to comply with the revised current account opening norms to ease their operational glitches. The regulator changed the rules to prevent the misuse…
‘Black Swan’ author: Global coronavirus response a case…
The global governmental response to the coronavirus pandemic has been rife with shortcomings that have prolonged the acute phase of the health crisis, "Black Swan" author Nassim Taleb told CNBC on Monday."I think this is…
TransUnion CIBIL, MoSPI launch MSME Credit Health Index
MUMBAI: In order to provide a measure of the growth and strength of the MSME sector in India, TransUnion CIBIL in partnership with Ministry of Statistics & Programme Implementation (MoSPI) has launched MSME Credit Health…
Alibaba-backed autonomous car firm AutoX to test in…
Chinese autonomous vehicle startup AutoX, backed by Alibaba Group Holding Ltd , said it is preparing for tests in four more cities and will soon test its technology with FCA'S Pacifica minivan. The four-year-old firm…
Chinese fintech giant Lufax plans international push as…
SHANGHAI — Chinese fintech giant Lufax is laying the groundwork for international expansion over the next five years, following a cash injection from its U.S. IPO, the company's chief executive told CNBC.Lufax started trading on…
Large cap MF bets a worry? Check out…
Investors worried about the underperformance of their actively managed large-cap funds could consider shifting partly to the new fund offer of Mirae Asset ESG (Environmental, Social, Governance) Sector Leaders Exchange Traded Fund (ETF), said financial…
Buy Reliance Industries, target price Rs 2240: Motilal…
Motilal Oswal has given a buy rating to Reliance Industries with a target price of Rs 2240. The share price moved down by 2.69 per cent from its previous close of Rs 2054.35. The stock’s…
China’s manufacturing sector expands for sixth straight month…
Workers work at a vehicle chair manufacture factory in Lintong District of Xi'an, northwest China's Shaanxi Province.Liu Xiao | Xinhua | Getty ImagesChina's factory activity expanded for the sixth straight month in October as business…