Bloomberg

PM Narendra Modi’s 84 foreign trips cost India this much, Finance Ministry reveals

Since taking office, PM Modi has maintained a punishing pace of world travel, meeting some global leaders such as US Presiden Donald Trump and Japanese Prime Minister Shinzo Abe.

Economy News

Job loss! Standard Chartered to cut banking jobs in India; gives this reason

The layoffs come at a time the bank is attempting to address investor concerns such as rising expenses and an about 40% decline in the share price since Bill Winters became CEO in June 2015.

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No child’s play: Nickelodeon’s kid power still packs a punch, says Tara Lachapelle

You know who has an awful lot of leverage in the television-entertainment industry? Kids. These tiny humans spent an average of 23 hours a week staring at a TV screen in the second quarter, according to new Nielsen data on ch

Nickelodeon's Kid , television News

Oil prices: Crude rebounds as strengthening US demand muddies supply picture

Oil rebounded from earlier losses amid signals of stronger-than-expected American demand and an International Energy Agency forecast that global supplies may be in bigger danger than previously thought. Futures rose as much 1

crude, crude oil News

A billionaire vanished for 400 days and his global empire boomed

The good news for Al Amoudi, one of the world’s richest men, is that during his prolonged absence, much of his global business empire has thrived.

saudi arabia, saudi arabia businessman News

Hip replacement: Johnson & Johnson willing to pay $400 million-plus

The world’s largest health-care products maker has settled, or is in the process of settling, about 3,300 of 10,000 lawsuits targeting its Pinnacle line of hip-replacement devices, a judge said in a Dec. 9 court filing.

Industry News

Apple vs Qualcomm: Dilemma for US regulator over call for Apple import ban

Qualcomm and Apple both rose less than 1 percent in extended trading, building on their gains during the regular session.

Industry News

Tencent music climbs in trading debut after $1.1 billion IPO

The shares closed up 7.7 percent to $14 in New York, valuing the company at about $22.9 billion -- just below the market valuation of Spotify Technology SA, the Swedish peer that’s also an investor in the Chinese company.

Markets News

Trade war: Apple may move iPhone production out of China if tariffs hit 25%

Apple’s suppliers will consider shifting iPhone production away from China should tariffs on US imports skyrocket, but the US company plans to sit tight for now, people familiar with the company’s thinking said.

apple iphone News

RBI Governor Shaktikanta Das faces long to-do list in new job

New RBI Governor Shaktikanta Das has a list of challenges to face as he takes office: from fixing a banking crisis to convincing investors of the institution’s autonomy.

Economy News

Bonds rally as new RBI Governor, pro-growth Shaktikanta Das, expected to be dovish on rates

Shaktikanta Das, who has often advocated rate cuts and been pro-growth during his stint at the ministry, comes in at a time when inflation is trending lower in India amid an easing in food and energy costs.

Shaktikanta Das, RBI chief Shaktikanta Das, liquidity issue, CII, RBI Governor, Reserve Bank of India, Rakesh Bharti Mittal, economy news

Asia stock traders hit ‘buy’ as US-China trade magic is back

The regional benchmark is heading for its biggest jump since Dec. 3, when the market reacted to Presidents Donald Trump and Xi Jinping’s famous dinner in Buenos Aires.

Markets News

Narendra Modi’s election losses and Urjit Patel’s resignation from RBI raise populism risk

Narendra Modi, the Indian prime minister, took two big blows in less than 24 hours. Investors should worry less about the bruises, and more about what he might do to recover from them before next year’s general elections.

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Isha Ambani Wedding: ईशा अंबानी-आनंद पीरामल की शादी, क्या ये दुनिया की सबसे महंगी शादी होगी?

ईशा और आनंद की शादी 12 दिसंबर को मुकेश अंबानी के 27 मंजिला बंगले एंटीलिया में होगी.

Isha Ambani-Anand Piramal wedding to cost 722 crore rupee News

Republican calls Google most evil corporation; ‘You bet on the wrong country, Sundar’, says to Pichai

McCarthy, a California Republican once viewed as close to tech, has been a prime mover behind the hearing and accusations of political bias.

Industry News

Modi’s terrible 24 Hours boosts India opponents before 2019 Vote

In a whirlwind 24-hour span, Indian Prime Minister Narendra Modi has seen his main opponents seize back momentum ahead of the 2019 national election.

modi, narendra modi, pm modi, 2001 parliament attack, 2001 delhi parliament attack, parliament attack december 13, december 2001 parliament attack News

Urjit Patel exit adds to India’s risk as PM Modi gears up for vote

Urjit Patel’s shock exit as governor of the Reserve Bank of India dealt investors another bout of monetary policy uncertainty when they were already bracing for an electoral test of Prime Minister Narendra Modi.

Markets News

Urjit Patel’s resignation roils nervous India markets

Urjit Patel quit on Monday citing personal reasons, a decision that some investors took as a new fissure in the Reserve Bank of India’s relationship with Prime Minister Narendra Modi’s government.

Markets News

Goldman Sachs’s India CEO sees merger rush extend in 2019

Investors who are serious, mature and deep will look at the data following disruptions in 2008 and 2013 and determine when to come back in.

Markets News

Steelmaker JSW emerges as lone star among India metal stocks

Copper usage is expected to accelerate by 10 percent this fiscal year, while aluminum consumption is estimated to rise 5 percent.

Markets News

Modi government cuts Power-for-All target as deadline nears

As well, areas were considered electrified if only 10 percent of its households had power, leaving swathes of rural India still in the dark even as the village-level electrification goal was lauded as a success.

Economy News

Jio may become No 1; Airtel, Vodafone Idea have no stomach to take on Mukesh Ambani’s Reliance: Analysts

Newly merged Vodafone Idea has toppled Bharti Airtel to become India’s top operator, while Reliance Jio has quickly added subscribers to gain the No. 3 spot.

Jio tops 4G chart with 22.3 Mbps download speed in October, idea, vodafone, bharti airtel News

Elon Musk says Tesla may consider buying General Motors’ idle plants

GM CEO Mary Barra was in Washington the past two days meeting with members of Congress about her plans to close five factories in North America and lay off 14,700 workers.

Industry News

Bumpy ride: Bruised Euro-zone economy stumbles on after 2018 beating

Germany’s supposed powerhouse economy contracted over the summer, and Italy is not only shrinking but also reviving memories of the regional debt crisis.

Euro zone economy, Germany, Stoxx Europe 600, stock index, US-China trade tensions News

Yuan vs Dollar: Why China’s currency evaluation policy is a bad Kabuki play

The yuan spiked after the agreement, even as the dollar index remained essentially flat.

Economy News

Stocks Plunge: US stocks had the worst week since March

The Dow Jones Industrial Average shed over 500 points Friday, bringing its decline in the abbreviated trading week to over 1,000. The S&P finished the week down 4.6 percent.

Markets News

No crude shock: US shale industry healthy enough to ignore OPEC moves

In 2014, the U.S. oil industry’s fate seemed to rest in the hands of OPEC ministers who were flooding the market with cheap oil in a push to obliterate them.

Commodities News
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