By Jimmy Patel The successive policy repo rate cuts by the Reserve Bank of India (RBI) since 2019 to support growth has left sections of the society nervous. The rate cuts are good news for…
How the pandemic drove massive stock market gains,…
Trader Peter Tuchman and specialist trader Michael Pistillo greet friends as they exit the New York Stock Exchange, (NYSE) wearing DOW 30,000 hats, in New York, U.S., November 24, 2020.Brendan McDermid | ReutersThe pandemic turned…
Users can now send money through WhatsApp in…
The mobile-messaging application WhatsApp is displayed on an Apple iPhoneBrent Lewin | Bloomberg | Getty ImagesSINGAPORE — Facebook-owned messaging service WhatsApp will let users in India send money through the app starting Friday, as long…
Work-from-home, online learning fuelling need for massive investment…
New Delhi: With work-from-home, online learning, and in-home entertainment fuelling demand for robust digital infrastructure, massive investments would be needed especially in areas like Fibre-to-the-Home, data centres, in-building solutions and proliferation of wifi hotspots, TRAI…
Despite a massive recession, JPMorgan Chase just posted…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co.Marlene Awaad | Bloomberg | Getty ImagesJPMorgan Chase managed to throw off the most quarterly revenue in its history at the same time that the U.S.…
European leaders kick off negotiations over a massive…
German Chancellor Angela Merkel speaks during a sitting of the Bundestag, ahead of a EU summit.TOBIAS SCHWARZThe 27 European governments are negotiating for the first time Friday a proposal for 750 billion euros ($ 841…
The EU’s massive coronavirus stimulus plan faces three…
Austrian Chancellor Sebastian Kurz . Austria is one of the EU countries reluctant to accept the European Commission's proposal tap financial markets to support the 27 economies in the covid-crisis.HELMUT FOHRINGERThe European Commission has proposed…
Massive debt. Damaged credit. Nothing to save. How…
In the late 1990s, Ed McKinley fell in love with a $ 65,000 house by a lake in New Hampshire. div > div.group > p:first-child">The owners let him move in early and pay rent until…