How China is preparing its economy for a…

An employee works on the production line of lithium battery at a factory of Tianneng Battery Group Co., Ltd on July 20, 2020 in Changxing County, Zhejiang Province of China.Tan Yunfeng | Visual China Group…

Are multi-asset funds a good way to take…

Mumbai: Retail Investors could give the new fund offer (NFO) of Nippon India Multi Asset Fund a miss. Financial planners said high allocation to equity and debt taxation make this product unsuitable for most investors.…

CEO of major Asian bank says ‘a big,…

The economic aftermath of the coronavirus pandemic is likely to worsen when authorities start rolling back relief measures — and banks could experience "far more damage" to their balance sheets, said Piyush Gupta, group chief…

Alibaba Cloud to invest USD 283 mn to…

NEW DELHI: Alibaba Cloud, the data intelligence backbone of Alibaba Group, on Tuesday said it will invest RMB 2 billion (USD 283 million or about Rs 2,144 crore) during this fiscal year to empower global…

Global stocks tied to an economic recovery continue…

People are walking by the New York Stock Exchange (NYSE) building during Covid-19 pandemic in Lower Manhattan, New York City, United States on May 26, 2020.Tayfun Coskun | Anadolu Agency | Getty ImagesAnalysts at Goldman…

Tech Mahindra signs UN Global Compact Initiative to…

New Delhi: Tech Mahindra, a provider of digital transformation, consulting and business reengineering services signed a joint declaration with UN Global Compact urging governments to align their COVID-19 recovery efforts with the latest climate science.…