Business

Qatar Investment Authority is generating strong returns on a multibillion dollar bet it made on distressed debt and highly rated bonds at the start of the COVID19 crisis, two sources familiar with its move said.

During a video conference with Embassy of India Student Hub last week, the 65-year-old Indian-American business executive said, "Don't just say to yourself someone who inspires me has to be in a position that is higher...It is people who can handle crises...

The Odisha government on Monday sought Rs 7,200 crore for railway infrastructure and Rs 5,650 crore for development of telecom sector in the state, in the forthcoming 2021-22 Union Budget. Odisha's demands were put forth by state minister Niranjan Pujar...

In March last year, the Supreme Court verdict lifted RBI’s prohibition on dealings in cryptocurrencies and made purchase of Bitcoin and other cryptocurrencies legal. But it is important to note that there is no regulatory body to govern the workings of th...

At the interbank forex market, the domestic unit opened at 73.21 against the US dollar, then fell further to 73.22, registering a fall of 15 paise over its previous close. On Friday, the rupee had settled at 73.07 against the American currency.

Israel's economy is likely to grow by 4.6% this year, the Finance Ministry said on Sunday in a forecast reliant on continuation of rapid COVID19 inoculations and a drop in the infection rate.

The vaccination drive at the Bhatar State General Hospital began with local TMC MLA Subhash Mondal getting the first shot. Later, former TMC MLA Banamali Hazra, Zilla Parisha Karmadakshya Jahar Bagdi and Bhatar Panchayat Samity Public Health in-charge Mah...

The organisers of Expo 2020 Dubai said on Saturday they are committed to hosting the event which was postponed for a year due to coronavirus, but are ready for all possible scenarios amid a new global wave of the pandemic.

JPMorgan Chase & Co reported a betterthanexpected quarterly profit on Friday as it released some of the cash it had built up against coronavirusdriven loan losses, although the bank cautioned that demand for loans was likely to remain sluggish this year.

Wall Street's main indexes fell on Friday as incoming President Joe Biden's $1.9 trillion stimulus plan sparked fears of an increase in taxes, while investors parsed quarterly reports from major U.S. lenders.

JPMorgan Chase & Co reported a much betterthan expected 42% jump in fourthquarter profit on Friday, driven by the release of some of the reserves it had built up against coronavirusdriven loan losses and continued strength in its trading and investment ba...

Food has become so expensive in Turkey that some people are spending what money they have to stock up on rice and pasta to avoid swallowing even higher prices in the months ahead.

The price of gold in the international market has increased by Rs 4.30 or 0.23 percent to USD 1,850.90 per ounce on Friday.

Martin Jones stopped Clayton Keller in a shootout and the San Jose Sharks bounced back after Arizona's Phil Kessel scored with 3.2 seconds left in regulation, beating the Coyotes 43 Thursday night.

The COVID19 pandemic is increasing economic imbalances in the euro zone, the European Commission will tell the bloc's finance ministers on Monday, but reforms and investments funded by European Union money should help address that.

Asian shares rose on Friday, brushing off a late Wall Street dip as expectations of large U.S. stimulus under Presidentelect Joe Biden shored up sentiment while oil prices perked up on upbeat Chinese trade figures.