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US, China plan to review phase-one trade deal mid-month

The discussion on the so-called phase-one deal, led by U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He, would take place on or around Aug. 15, six months after the agreement took effect, as directe

US china trade deal, Liu He, coronavirus, TikTok, US market, latest news on US china trade deal, white house

‘Too big to fail’ is the new mantra for bulls in U.S. stock market

Psychology in the economy has rarely been fastened as tightly to equity gains as it is now.

U.S. stock market, Nasdaq 100, Share values, S&P 500, equity gains

India’s stock rally shows most pronounced contrast with economic gloom

Of all the countries in the world, the disconnect between rallying global stocks and deteriorating data is probably the most pronounced in India.

Top telecom stock Vodafone-Idea is also the biggest money loser; why it is still attracting investors

For investors riding a rally in India’s wireless carriers, the best returns are coming from an operator that’s warned it may collapse without help from the government.

Amazon’s Prime Day sale: 48-hour retail event marks these changes to suit pandemic times

Amazon.com Inc. will kick off its first Prime Day since the coronavirus outbreak later this week in India, modifying almost everything about the retail bonanza to navigate the realities of a new era.

Amazon has introduced seller registration and account management services in Hindi.

Poultry farmers in dire need of cash; seek $2.7 billion as sales dip amid coronavirus

India’s poultry industry is in dire need of cash after prices slumped earlier this year on speculation fanned by social media that chickens could spread the coronavirus, according to one of the nation’s top producers.

COVID 19 impact,

JPMorgan is right on top of India’s 3-year high share sales; US bank holds this much market share

Share sales by listed Indian firms are at a three-year high, and JPMorgan Chase & Co. is right on top of it. The U.S. bank has worked on the two largest follow-on offerings in India this year and currently holds a 19% market

The 30-share Sensex was up by 419.87 points or 1.16% to close at 36,471.68.

Diesel sales fall amid new wave of lockdowns; normalcy unlikely in near future

Indian sales of diesel -- the lifeblood of the Asian giant’s economy -- appear to have fallen sharply last month as several provinces imposed small-scale lockdowns to curb record daily infection rates.

Diesel price, Diesel price in delhi, dieselprice hike, lastest diesel price, oil marketing companies, ICICI Securities, Global oil supply, diesel demand, petrol price hike, latest news on diesel price

U.S. manufacturing index expands at fastest pace since March 2019

The data point to a steadier environment for producers, months after demand plummeted during the pandemic-related lockdown of the economy.

U.S. manufacturing, unemployment, ISM manufacturing index, business, investment

GDP recovery now depends on August rains; any setback to rural economy may dampen demand

Indian Prime Minister Narendra Modi’s government is banking on a recovery in rural demand to slow the economy’s first contraction in four decades.

We have seen the monsoon has been good and so has the harvest.

‘TikTok could become Microsoft’s deal of the decade’

The idea that TikTok — without the U.K., India or dozens of other emerging markets — is worth $50 billion today is fanciful. ByteDance’s leadership can be sure that Nadella knows it, too.

The onus is on Nadella to get it done, and quickly.

Elon Musk enjoying spectacular run, whether you love him or hate him

The 49-year-old South African immigrant, who is a Los Angeles-based celebrity as much as a Silicon Valley CEO, is now the 10th richest person in the world.

Musk suggested Friday that Tesla’s workforce could grow to 65,000 by the end of the year.

India’s most beaten-down firms attract retail investors; major uptick in most leveraged stocks

A custom Bloomberg index of the 30 most leveraged stocks out of India’s top 200 companies has gained 32% since the end of March, compared with a 28% advance in the benchmark S&P BSE Sensex.

retail investment, indian market, pandemic market

Local currency bonds become new fad for investors; here’s how interest increases as ratings downgrade

Investors are buying local-currency bonds whose interest increases every time their credit ratings are downgraded.

Bond market, local currency bonds, investment

Kerala to invest in training, exporting health workers; aims to boost remittances

Kerala will invest in training and exporting health workers with the aim of capitalizing on their remittances.

remittance, nurse, health workers, export, invest

Apple dethrones Saudi Aramco as world’s most valuable company; hits record m-cap

Apple Inc. became the world’s most valuable company with its market value overtaking Saudi Aramco in the wake of better-than-expected earnings.

U.S. Stocks rise amid rally in big tech, stimulus talks

Tech companies continued to lead the advance in 2020, and the bulls have bet the industry would emerge from the pandemic stronger than the rest of the market.

U.S. Stocks, Tech companies, nasdaq 100, shares, Apple, amazon, S&P 500

Sun Pharma posts surprise quarterly loss on one-time charges

Revenue too fell 9.3% to 75.9 billion rupees compared to the year-ago period, according to a filing Friday by the Mumbai-based company.

Taro is paying an additional $213 million to resolve civil claims brought by the Justice Department and also set aside an additional $60 million as a provision for “related ongoing multi-jurisdiction civil antitrust matters,” Sun Pharma said in its statement.

Why big nations like India, US and Brazil are faring worst in COVID-19 cases

In Brazil, an uncooperative national leadership has already forced communities to turn to local organizations and transnational non-profits for help.

Large countries with under-performing states need to shift approach swiftly.

Investors may warm up to other Indian bonds with 10-year deluge

The government has already sold about 1 trillion rupees ($13.4 billion) of the benchmark 10 year bond since it was first issued in May.

The yield on the existing 10-year note climbed to 5.88% on Tuesday.

Reliance earnings: How Mukesh Ambani will dominate retail, digital services

With the U.S.-China relationship breaking down, the West needs a proof of concept of India as an alternative investment opportunity.

To dominate the more deliberate purchases, Ambani will need to go offline.

U.S. Stocks: Apple announces 4-1 stock split after shares surge toward $400

Shareholders at the close of trading on Aug. 24 will receive three additional shares for each one they currently own.

U.S. Stocks, Apple, Stock Split, iPhone maker, U.S. tech companies, U.S. tech stocks

Apple to split shares as prices near $400; investors to get this many additional stocks soon

Apple Inc. announced a 4-for-1 stock split after shares of the iPhone maker surged more than 80% in the past year.

Jeff Bezos’ Amazon records 40% jump in revenue; sales surge as customers avoid physical stores

Amazon.com Inc. justified its big investments to keep operating through the Covid-19 pandemic with sales growth and a record profit that far exceeded analysts’ estimates.

Amazon India to hire 20,000 temporary staff in customer service to serve global customers

Amnesty scheme on cards for illegal gold hoarding as govt plans crackdown on tax evasion

Gold has soared almost 30% to a record this year as the pandemic drove demand for havens amid a weaker dollar and low interest rates.

COVID-19: Herd immunity may be developing in Mumbai’s slums

Even if the numbers are taken at face value, most of Mumbai’s slum dwellers venture regularly into the rest of the city for work or other reasons, putting them at risk of transmission to or from people elsewhere.

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