US stocks traded lower on Friday, as investors digested various data that came below market expectations and remained worried over US-China trade tensions. At midday, the Dow Jones Industrial Average fell 230.77 points, or 0.87 per cent, to 26,352.65. The S&P 500 slid 28.61 points, or 0.97 per cent, to ...
Given the current economic slowdown in India, a renewed focus on the primary conditions towards promoting investment and consumption is essential. At its core, a slowdown in the flow of credit due to a variety of factors has been a significant contributor to the issue at hand. Improvements in the three areas ...
Canada-based investment firm Fairfax Financial Holdings Ltd acquired 2.6-lakh additional shares in Quess Corporation to increase its equity stake in the software firm, said the company on Friday. "On acquiring the additional shares and the spinout of our shares by Thomas...
US President Donald Trump on Friday signed the "Bipartisan Budget Act of 2019," which boosts discretionary spending limits and suspends the public debt limit for the next two years. ...
Ahead of the launch of Apple's first ever credit card for iPhones, the customer agreement for the Apple Card has been found on the Goldman Sachs website about the ins and outs of its working. ...
In a major relief to Foreign Portfolio Investors (FPI) hit by budget proposal to levy higher surcharge on income tax, the government is considering a plan to grandfather all income generated by FPIs. ...
Despite the flight of over Rs 20,500 crore worth of foreign funds from the country's stock market, the government seems adamant to implement the taxation surcharge on the super-rich category which has spooked Foreign Portfolio Investors (FPIs). ...
Two Singapore-based Indian origin YouTubers on Friday said they were "sorry for any hurt" caused by a controversial video they created to criticise a "racial" advertisement of NETS E-Pay, a local electronic payment service provider. In an Instagram post, Preetipls, whose real name is Preeti Nair, and her ...
As the US decided to raise further tariffs on the Chinese goods, global markets took a beating on Friday. The Sensex and Nifty along with other global markets traded with heavy losses after US President Donald Trump said: "The US will start, on September 1st, ...
Thousands of taxis went off the roads in Goa on Friday in protest against the BJP-led coalition government's decision to allow an app-based cab aggregator to continue its services. Even as the government pressed additional state transport corporation buses to ...
