In yet another fall-out of the ongoing US-China trade war, tech giants like HP Inc, Dell, Microsoft and Amazon are considering to move "substantial production capacity out of China", threatening the country's position as the world's technology powerhouse....
Even as headwinds continue to hurt various sectors especially manufacturing, the Economic Survey has projected India would grow at 7 per cent in 2019-20 and maintain its fastest growing large economy tag in the world. The forecast has come close on the heels of India registering slowdown in the...
As allegations and concerns have cropped up over the safety of major Indian salt brands, the Food Safety and Standards Authority of India (FSSAI) and the Indian Medical Association (IMA) have refuted the concerns that the major salt brands contain alarming level of potassium ferrocyanide....
In the context of the Union Budget, we need to analyse what big-ticket items have been missed since the introduction of GST. Potential micro-level changes needed to improve the efficacies of the historic tax initiative also need to be examined. The objective is to ponder over possible improvement areas in the tax...
Merchants from India saw an increase of four per cent in e-commerce sale on international marketplaces in the first quarter of this year compared to the previous quarter, says a new report. Sales from India were up 121 per cent on year-on-year basis, according to the ...
The International Monetary Fund (IMF) has thrown Pakistan's flailing economy a lifeline through a $6 billion loan that brings with it stringent conditions and regular monitoring. The Executive Board approved the loan to support the economic reform programme...
Breaking all its previous production and delivery records, Elon Musk's electric car-maker Tesla has achieved a record production of 87,048 vehicles and record deliveries of approximately 95,200 vehicles in the second quarter of 2019....
International Monetary Fund (IMF) Managing Director Christine Lagarde said Tuesday that she is honored to have been nominated for the presidency of the European Central Bank (ECB), and has decided to temporarily step down from the IMF leadership during the nomination period. ...
Ten non-OPEC oil producing countries led by Russia have endorsed the decision by the Organisation of the Petroleum Exporting Countries (OPEC) to extend production cuts until next March. They made the agreement during the 6th OPEC and non-OPEC Ministerial Meeting ...
Wall Street closed slightly higher, ending a volatile session amid concerns over a potential US-EU trade dispute. The Dow Jones Industrial Average rose 69.25 points, or 0.26 per cent, to 26,786.68 on Tuesday. The S&P 500 increased 8.68 points, or 0.29 per cent, to ...
