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India seeks cheaper renewable power contracts to spur projects

About 90% of India’s electricity is sold to provincial distribution utilities through long-term contracts that run for as long as 25 years.

India favours easing inflation aim to support growth

A consumer-price inflation band tracked by the Reserve Bank of India may be relaxed further from the current 2%-6% range, said the people, who asked not to be identified citing rules.

CPI, Retail inflation in September rises to 7.34 pc from 6.69 pc in August, consumer price index, IIP, industrial production

Container shortage now becomes a big issue for India; threatening nascent export revival

Global trade is being roiled by a shortage of containers because dire predictions of a collapse this year that prompted carriers to cancel sailings have proved too pessimistic

The scheme would refund to exporters the embedded central, state and local duties and taxes that were so far not being rebated or refunded.

Vedanta resources offers bond with one of highest yields in Asia

The firm is offering the securities with initial price guidance in the 14.5% area, according to a person familiar with the matter.

Vedanta resources, high yield dollar bonds, bond market, billionaire Anil Agarwal, Vedanta credit ratings, Moody’s Investors Service

Short-term bonds make a comeback in India as RBI pledges abundant liquidity in banking

Traders were jittery going into RBI’s policy review as a range of overnight rates had dropped below the lower bound of the central bank’s rate corridor.

Aatma Nirbhar bonds, features, interest rate, tax benefits, government, Budget 2021, Union Budget 2021, Union Budget 2021 India, Budget 2021 India

U.S. Stocks: This key sentiment indicator reaches its most bullish level in two decades

The level of indicator implies extreme positioning to the upside, as investors look beyond short-term uncertainty toward a continuing global recovery in 2021.

Axis bank, hcl tech

Google, Facebook win key concession in law to pay for news in Australia

The U.S. social media company has threatened to block Australians from sharing any news on its sites if the law is passed.

facebook, Australian government, pay for news display law, facebook australia, google, new Australian law for social media companies

India’s share market rally may now be fueled by banks as RIL stock takes a pause

The prospects for global recovery amid progress with Covid-19 vaccines has caused investors to shift focus from defensive growth stocks to cheaper economically sensitive shares.

FM Sitharaman assures India will spend money, not worry about widening fiscal deficit

“For the present, I’m not going to allow the fiscal deficit number to worry me because there is a need, and a clear need, for me to spend the money,” Sitharaman said.

US Stocks: Airbnb, DoorDash boost price ranges ahead of mega IPO week

Increasing the price range usually implies that the offering is being well-received among investors and demand is high.

Airbnb, DoorDash, IPO, listing, U.S. exchanges, pandemic,

Shadow banks show signs of recovery as economy rebounds

The financiers also trimmed their debt piles, helping a gauge measuring their total outstanding debt burden to improve.

banks, corporate governance, rbi policy, demonetisation, gst

Tata group at crossroads: What to do with Vistara and AirAsia – go big, or bow out?

Tata Group’s two airlines -- AirAsia India and Vistara -- were struggling before the coronavirus pandemic.

Tata Sons, covid pandemic, tta in aviation industry, Vistara, AirAsia, Cyrus Mistry, Ratan Tata, losses in aviation industry

An India quant fund beats Sensex by more than double amid pandemic; here’s where it invested money

The DSP Quant Fund has returned about 19% in 2020, compared with a 9.5% gain in the S&P BSE Sensex Index, which surged to an all-time high on Friday.

DSP Quant Fund, Indian Quant fund delivers more than double returns, S&P BSE Sensex Index, sector diversification

India accuses China of helping rebel groups on Myanmar border

The increased activity along the Myanmar border has sparked concern in New Delhi that India’s military is becoming stretched as tensions remain with China and Pakistan on other parts of its land border.

Myanmar designated terrorist groups, United Wa State Army and the Arakan Army, India-China standoff in Ladakh, China supplying weapons and providing hideouts to Myanmar rebels,

Why health-conscious consumers across the world are eating avocados like never before

No longer just a component of guacamole for parties, its use has broadened to salads, burritos and, of course, the hipster cliche of avocado toast.

avacado, us consumption of avacado, avacado health benifits, guacamole, avacado salads, mexican produce in us market

US Markets: Stock rally reaches new highs on stimulus optimism

All major indexes for U.S. equities, the S&P 500, the Dow Jones Industrial Average, the Russell 2000 and the Nasdaq Composite Index closed at records.

US Stocks, Invest Abroad, equities, S&P 500, Dow Jones Industrial Average, Russell 2000, Nasdaq Composite Index

Why are all the prominent Covid-19 vaccines developed by women?

To oversimplify, mRNA vaccines teach cells how to make a protein that triggers an immune system response, rather than injecting live or dead virus material.

mRNA vaccine, Katalin Kariko, Covid -19 vaccine makers, women who made coronavirus vaccine, Moderna and Pfizer/BioNTech vaccines

US Stocks hold gains ahead of key data; Oil climbs

Global equities remain within a whisker of record highs as investors bet positive vaccine developments can help sustain an economic recovery next year.

US Stocks, Global equities, economic recovery, investors, oil, dollar, rates

US Treasury yield spikes – Know the impact on stocks, debt, gold and dollar

One of the clearest winners from a modest rise in Treasury yields could be equities, particularly those most exposed to a reflating economy.

US Stocks, dividend stocks, value stocks, Investors, S&P 500

Tata Group close to acquire BigBasket for $1.6 billion; negotiation on for stake size

The conglomerate is now negotiating how much stake it would purchase in Innovative Retail Concepts Pvt., which is commonly known as BigBasket.com, the person said, asking not to be identified discussing details of private tal

US Stocks: Risk-on mood powers S&P 500 and Nasdaq Composite to all-time highs

The risk-on mood powered the S&P 500 and Nasdaq Composite to all-time highs a day after posting double-digit gains last month.

US Stocks, S&P 500, Nasdaq Composite, Communication services, financial, information technology

US Stocks: Tesla S&P debut to come all at once, rippling across markets on December 21

Tesla’s market capitalization is larger than any other company had at its debut in the S&P 500.

US Stocks, S&P, Tesla, market capitalization, Berkshire Hathaway, investors, index

Transporting Coronavirus Vaccine: ‘Mission of the Century’ for airlines to ship Covid vaccines

In cooled warehouses on the fringes of Frankfurt airport, Deutsche Lufthansa AG is preparing its depleted fleet for the gargantuan task of airlifting millions of doses of the vaccines meant to end the global pandemic.

Spicejet, InterGlobe Aviation, Jet Airways

Bitcoin is winning the Covid-19 monetary revolution

In “Shuggie Bain,” Douglas Stuart’s award-winning and harrowing depiction of alcoholism, sectarianism and deprivation in post-industrial Scotland, money is always scarce and often dirty.

Cryptocurrency, Cryptocurrency-based payment card, cryptocurrency trading, blockchain technology, crypto bank, cryptocurrency-based banks, interest on crypto deposits, loan against cryptocurrency

India enters unprecedented recession with two consecutive quarters of GDP fall

The second straight decline in GDP pushes Asia’s third-largest economy into its first technical recession in records going back to 1996, when the nation first started reporting quarterly GDP numbers

Gross domestic product declined 7.5% last quarter from a year ago, the Statistics Ministry said in a report Friday.
Income Tax Calculator, Budget 2019, How to Calculate Income Tax


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