Business
Secretive, Never Profitable Palantir Makes Its Market Debut
Seventeen years after it was born with the help of CIA seed money, the datamining outfit Palantir Technologies is finally going public in the biggest Wall Street tech offering since Slack and Uber last year.
Fact-checking U.S. Economic Claims In Tumultuous Trump-Biden Debate
U.S. President Donald Trump and Democratic rival Joe Biden battled over the economy and everything else at their first ever headtohead debate on Tuesday.
Oil Extends Losses As Rising COVID-19 Cases Fuel Demand Concerns
Oil prices extended losses on Wednesday on worries that rising coronavirus cases heading into the northern winter would lead to further restrictions on activity and curb demand for fuel.
ICRA Says GDP May Contract by 11% This Fiscal, Predicts Pandemic Could Lead 3.7% Assets into Bad Loans List
The agency also expects GDP to contract by 11 per cent this fiscal from its earlier forecast of 9.5 per cent, as there is no let-up in the pandemic nor any glimmer on a vaccine to prevent it. These are the mains reason for halving of credit demand to 2-3...
Equities Slip, Bonds Rise Ahead Of U.S. Presidential Debate
Global equity benchmarks slid and government bonds inched higher Tuesday as investors remained hesitant ahead of the first U.S. presidential debate and watched for progress in talks for further fiscal stimulus in Washington.
Unfriendly Skies: Airline Workers Brace For Mass Layoffs
The worries are growing for United Airlines flight attendant Jordy Comeaux.
Main Renault Unions Reject Cost-cutting Plans - Sources
The four main unions representing employees at Renault oppose its costcutting plans, union sources said, adding to the French carmaker's restructuring headaches.
Oil Falls As Virus Count Mounts, U.S. Debate Looms
Oil prices fell on Tuesday as Europe and the United States grappled with a surge in new coronavirus infections and investors were cautious ahead of the first U.S. presidential debate.
EU And Britain Far Apart As Key Week Of Brexit Talks Begins
The European Union and Britain both said a postBrexit deal was still some way off and differences persisted on Monday over putting in place their earlier divorce deal as they began a decisive week of talks in Brussels.
U.S. Income Inequality Narrowed Slightly Over Last Three Years - Fed
Income inequality in the United States narrowed in the first three years of the Trump administration as rising wages and a low unemployment rate fueled gains for lowerincome and less educated families, according to U.S. Federal Reserve data released on Mo...
RBI Extends Enhanced Borrowing Limit for Banks Under MSF Till March 31
The RBI, as a temporary measure, had increased the borrowing limit for scheduled banks under the marginal standing facility (MSF) scheme from 2 per cent to 3 per cent of their Net Demand and Time Liabilities (NDTL) with effect from March 27, 2020.
Paddy Worth Rs 10.53 Crore Procured in Last 48 Hours, MSP Buying Begins in All States: Govt
Farmers in Punjab and Haryana and several other states are protesting against new farm laws which they feel will lead to procurement in the hands of corporates and the end of the MSP regime.
Oil Steady As Surging Virus Cases Cloud Demand Outlook
Oil prices were steady on Monday but on track for their first monthly fall since April as rising coronavirus cases continued to spur concerns about demand.
Oil Falls As Surging Virus Cases Cloud Demand Outlook
Oil prices fell on Monday as rising coronavirus cases spur concern about demand, with the main crude benchmarks on track for their first monthly falls since April.
Gold Inches Higher On Tepid Dollar; Trump-Biden Debate In Focus
Gold prices edged up on Monday as the dollar slipped off a twomonth peak hit last week as political uncertainty accelerated ahead of the first presidential election debate between U.S. President Donald Trump and his Democratic rival Joe Biden.
IKEA to Adopt Omni-channel Approach for Expansion in India
IKEA, which received government approval in 2013 for its Rs 10,500-crore proposal to open retail stores under 100 per cent FDI, has signed MoUs with Karnataka, Telangana, Maharashtra, Uttar Pradesh and Haryana to open retail stores. The company is plannin...