Economy


Fitch Upgrades IREDA's Long-term IDRs To 'BBB-'; Outlook Negative

Banking - Published date: .

The outlook is negative and the outlook on IREDA's long-term IDRs mirrors that on the 'BBB-' sovereign rating Read more

Swiggy Set To Onboard 36,000 Street Vendors Under PM SVANidhi Scheme

Banking - Published date: .

Online food delivery platform Swiggy announced the expansion of its Street Food Vendors programme that will benefit 36,0... Read more

Japan Exits Recession As GDP Grows 5.0% In Q3

Hedge Fund - Published date: .

The positive figures come after three quarters of contraction in the world's third-largest economy. Read more

Devastating Bacon Shortage Looms In Wake Of Denmark Travel Ban

Hedge Fund - Published date: .

With 25 percent of pork products being sold in the UK coming from Denmark, an extended travel ban could have many breakf... Read more

Stocks Push South After Week-long Rally

Hedge Fund - Published date: .

The greenback is sitting at its lowest levels against the yen since the dark days of March when the virus began batterin... Read more

Comparing Finland And UK: Online Casino Habits

Hedge Fund - Published date: .

Online gambling is a phenomenal industry growing at an accelerated pace thanks to technological innovation like mobile g... Read more

Asian Markets Mixed As US Stimulus Remains Elusive

Hedge Fund - Published date: .

Despite months of arduous talks in Washington, there appears to be little chance Republicans and Democrats will hammer o... Read more

Samsung Flags Near-60% Operating Profit Jump After Huawei Boost

Breaking - Published date: .

The South Korean tech giant said in an earnings estimate that it expected operating profit to reach 12.3 trillion won ($... Read more

Global Stocks Tank On Fears Of Second Coronavirus Wave

Hedge Fund - Published date: .

Most Asian bourses had already fallen sharply earlier in the day. Read more

Virus Restrictions Threaten Asia Economic Recovery In 2021: ADB

Hedge Fund - Published date: .

As regional economies contract this year the number of poor people will likely rise by at least 78 million. Read more

Adani Ports & SEZ Raises Rs 900 Cr Through NCDs On Private Placement Basis

Banking - Published date: .

Adani Ports and Special Economic Zone (APSEZ) on Friday said it has raised Rs 900 crore through allotment of non-convert... Read more

Covid-19: Delhi Hotels' Revenues Declined 44.3% During Jan-Jul, Says JLL

Banking - Published date: .

Delhi saw a year-on-year decline of 44.3 per cent in revenue per available room (RevPAR) in the hotel sector between Jan... Read more

Third Wave Of IT Outsourcing Expected Post Covid-19 To Benefit India

Banking - Published date: .

Post Covid-19, a third wave of IT outsourcing after the previous ones in the year 2000 and 2008 is expected, which would... Read more

Suspension Of Some IBC Provisions Aimed At Rescuing Viable Companies: Sahoo

Banking - Published date: .

IBBI said that some IBC provisions were suspended due to the Covid-19 situation and there is no complete ban or prohibit... Read more

Chinese Restaurant Chain Apologises For Asking Customers To Weigh In Before Ordering Food

Hedge Fund - Published date: .

Chinese restaurant gets swift backlash from netizens accusing them of fat shaming on their zero food waste campaign. Read more

Japan Economy Shrinks Record 7.8 Percent In April-June

Hedge Fund - Published date: .

It is the worst economic contraction for Japan since comparable data in 1980, eclipsing the brutal impact of the 2008 gl... Read more

New York City's Growing Homeless Encampment Is Killing Struggling Local Businesses

Hedge Fund - Published date: .

Homeless people living in New York's sidewalks say apartment owners overlooking the encampment are throwing hot water on... Read more

Obesity Battle: Mexico Approves Ban On Sale Of Junk Food, Sugary Drinks To Children

Hedge Fund - Published date: .

Mexico deputy health minister calls sugary drinks "bottled poison" and urges people to stop buying them. Read more

Pandemic's Economic Fallout Will Worsen Conflicts: UN Diplomats

Hedge Fund - Published date: .

UN Secretary General Antonio Guterres's plea for a global ceasefire back in March has gone largely unheeded. Read more

Crushed By COVID, Small Spanish Firms Struggle To Survive

Hedge Fund - Published date: .

So far, 40,000 bars, restaurants and hotels have permanently closed. Read more