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    1. Business News
    2. Authors
    3. bloomberg

    Bloomberg

    FDI, foreign direct investment, FDI may steeply fall in 2020, attract foreign fundsd
    How $8 trillion thrown at Covid by govts, banks is offering swath of opportunities for investors

    Looking where central banks themselves are buying, even if it’s been well flagged, still has merits, according to portfolio managers…

    By Bloomberg
    May 17, 2020 12:16 IST
    How HSBC lost in one day what is hopes to make in an entire year; gold proves disastrous for this bank

    HSBC Holdings Plc lost around $200 million in one day in March because of disruptions to the gold market that…

    By Bloomberg
    Updated: May 15, 2020 12:21 IST
    india shadow banks, franklin templeton, mutual funds, nirmala sitharaman, Credit growth, NBFC, coronavirus, IL&FS Group, banking sector
    Fresh crisis looms for India’s shadow banks after Franklin Templeton shut funds last month

    The scores attached to each of the measures have been calculated by normalizing the deviation of the latest value of…

    By Bloomberg
    May 14, 2020 12:14 IST
    reliance jio launches new annual plan for work from home get 2GB data daily in 2,399 rupees
    Mukesh Ambani looking to rope in more investors for Jio, Saudis and GA could be next

    The Saudi sovereign wealth fund and General Atlantic are among firms exploring investments in billionaire Mukesh Ambani’s digital business, as…

    By Bloomberg
    May 12, 2020 10:06 IST
    The move is part of efforts to support private sector businesses from the impact of the coronavirus.
    Abu Dhabi offers 20% refunds on some commercial property leases

    Businesses that started their lease in September 2019 or renewed their contracts from April 1 until the end of September…

    By Bloomberg
    May 11, 2020 18:47 IST
    The average spread on top-rated three-year company notes is already at a more than six-year high of 189 basis points.
    Modi’s borrowing boost to revive economy: India Inc may be the collateral damage

    Policy makers around the globe have been tapping debt markets as they roll out more stimulus to counter the economic…

    By Bloomberg
    May 11, 2020 13:20 IST
    banks, digital payment, real-time payment, bank revenues
    India’s extra borrowing may widen this year’s fiscal deficit; check new estimate

    The higher borrowing program was announced for the full year for the sake of transparency and to end market speculation,…

    By Bloomberg
    May 11, 2020 13:16 IST
    While the government sees a contraction in the current quarter, it’s still predicting growth for the full financial year, of 2%.
    India reopens economy but millions of workers stay home

    Finance Minister Nirmala Sitharaman said last week the economy was “poised to recover” as state-run banks approve more loans to…

    By Bloomberg
    May 11, 2020 13:11 IST
    Dealers are nervous in the absence of any measures by the Reserve Bank of India (RBI) to help mop up the supply and are bracing for a further rise in yields.
    Bonds drop by most since 2017 on Modi’s new borrowing

    The central bank has bought a net 910 billion rupees of debt in the secondary market over four weeks, and…

    By Bloomberg
    May 11, 2020 13:05 IST
    There was also no mention of a proposal by banks to increase the time period for recognising a non performing asset (NPA) to 180 days from the existing 90 days after the due date.
    RBI may turn to large scale direct buying of govt debt after borrowing target raised

    The Reserve Bank of India hasn’t directly bought sovereign debt since a law barring the practice came into effect in…

    By Bloomberg
    May 11, 2020 12:45 IST
    gita gopinath, households, firms, financial markets, coronavirus, economic crisis
    Crisis not going away soon; IMF says, new incoming economic data worse than previous estimates

    The International Monetary Fund said that the global economic outlook has worsened since its latest forecast three weeks ago and…

    By Bloomberg
    Updated: May 9, 2020 13:05 IST
    Mukesh Ambani,Reliance Industries, Moodys Investors Service, Silver Late, Jio Platforms, Facebook, EBITDA, Saudi Aramco, latest news on mukesh ambani
    Mukesh Ambani in no mood to rest; trying to get more investors for Jio, talks on with rich Saudi wealth fund

    Saudi Arabia’s $320 billion sovereign wealth fund is exploring a potential investment in Reliance Industries Ltd.’s digital unit.

    By Bloomberg
    May 9, 2020 10:39 IST
    U.S. stocks, tech, MSCI World Index, S&P 500 Index, global equity benchmark, dollar, tesla
    Nasdaq, the envy of markets! Nasdaq composite erases 2020 losses as big earnings drive gains

    While big tech has shouldered the load, the Nasdaq Composite is also home to 700 health-care and biotechnology companies that…

    By Bloomberg
    May 8, 2020 23:13 IST
    Wall Street, Dow Jones Industrial Average, Dow Jones, SP 500, coronavirus, US economy, USA, donald trump, Covid-19, Nasdaq, IndexIQ
    There’s plenty of room for bulls and bears: Tim Duy

    Markets are forward looking in that stocks will respond more to the direction of the economy than the level of…

    By Bloomberg
    May 8, 2020 23:03 IST
    Treasury Secretary Steven Mnuchin
    Mnuchin to issue $3 trillion in debt after virus hobbles economy

    The Treasury said the increase is driven by new stimulus spending legislation and tax receipt deferrals, steps taken to help…

    By Bloomberg
    May 8, 2020 22:57 IST
    Coronavirus vaccine development: What’s happening in the US, China, Russia, UK, Germany, France for COVID-19 cure

    The stakes in finding a vaccine against the coronavirus couldn’t be higher. In just a few months the disease has…

    By Bloomberg
    May 8, 2020 11:35 IST
    Mukesh Ambani’s Reliance Industries steps up to trim debt, mulls Rs 7500 cr Asian Paints stake sale

    Reliance Industries controlled by Mukesh Ambani, Asia’s richest person, is in discussions with banks for a potential sale of its…

    By Bloomberg
    May 8, 2020 11:24 IST
    narendra modi, donald trump, india us , coronavirus, covid-19
    India seeks to replace China as global companies’ first choice; looks to lure 1,000 US firms

    India is seeking to lure US businesses, including medical devices giant Abbott Laboratories, to relocate from China as President Donald…

    By Bloomberg
    May 7, 2020 13:47 IST
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    Latest News

    Pierre Hotel , which is managed by India’s top hotel brand Taj Hotels, could potentially go for a sale.

    Hoteliers bet on mid-market  segment with big investment

    Barcelona’s $2.273ml debt: From transfer debt to stadium renovation—how Messi’s former club fell into financial chaos

    An uncertain and rocky ride

    Explainer: How revised legal pay for workers is overdue

    Trump threatens 'fast, furious and brutal' end to Hamas, says US allies ready to visit Gaza with 'heavy force'

    Trump threatens ‘fast, furious’ end to Hamas as Vance insists Gaza ceasefire ‘in very good place’

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