China’s economy set to overtake the US by 2028, says report
In its World Economic League Table, the Centre for Economics and Business Research expects India to move up the rankings to become the No. 3 economy at the end of the decade.
Chennai investor group moves SC, says SEBI hasn’t picked observer in Franklin Templeton case
The top court had on 9 December asked SEBI to appoint an observer for overseeing the e-voting process with regard to winding up Franklin Templeton's six mutual fund schemes.
Bitcoin’s 224% rally this year proves it’s here to stay
To ignore very evident Bitcoin’s spikes in the past year, the most recent one being last week, is to dismiss the evidence of history.
Elon Musk says it’s ‘impossible’ to take Tesla private, plans new IPO
Tesla shares have surged eightfold this year and Musk’s net worth has soared by $132.2 billion to $159.7 billion, making him the world’s second-richest person.
Pandemic exposes hurdles of credit market as borrowers shun tighter regulations
Private bond placements have long accounted for the vast majority of debt sales in India’s credit market. A bigger public debt market should help reduce borrowing costs for issuers.
Indian economy began stabilising in November as retail demand picked up
The pace of activity was enough for the RBI to revise its forecast for the economy, which it now expects to exit a recession in the current quarter to December.
Under Modi govt, top bosses of PSU banks have stopped getting extensions
In the past six years, at least six top public sector bankers have not been given an extension by the Modi govt, despite being eligible for it.
Why India’s newest housing finance company is in no hurry to make a mark
Godrej Housing Finance plans to first focus on acquiring 1,000 customers by March to test the sustainability of its systems & processes.
Raise IT exemption to Rs 10 lakh, legalise schemes — RSS-linked trade union’s budget demands
In pre-budget consultation with Finance Minister Nirmala Sitaraman, the Bharatiya Mazdoor Sangh also called for an urban MNREGA & pandemic unemployment allowance.
Violence at iPhone plant will not cause significant impact to company, Wistron says
Wistron, the Taiwanese contract manufacturer for Apple in India, said the impact won't be significant as the Karnataka facility was a new operation and the shipment quantity small.