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US Markets: Stocks rise with Nasdaq at record on vaccine hope

Fed officials showed no readiness at their June meeting to commit to yield-curve control.

U.S. stocks surge to notch best quarter since 1998

Optimism for reopenings and economic recovery helped consumer-discretionary stocks in the S&P 500 surge the most ever in the second quarter.

stock market, diversified portfolio, valuation, price-to-earnings ratio, S&P 500, dollars,

TikTok ban threatens China’s rise as global tech power; move may help other nations to curb Chinese apps too

China had built an alternate online reality where Google and Facebook barely exist. Now its own tech corporations, from Alibaba Group Holding Ltd. to Tencent Holdings Ltd., are getting a taste of what a shutout feels like.

TikTok, Govt of India, Government, Xiaomi, PIB, Chinese apps, Fake news, NIC, Google, Apple, Google Play Store, Apple App Store, Zoom

Airline collapse imminent if govt refuses to bailout billionaires; carriers need this much to keep flying

With two-cent airfares, high fuel costs and taxes, India’s aviation market already was one of the toughest around. The coronavirus pandemic could be the final straw for some of the country’s airlines.

Sunil Mittal teams up with Boris Johnson to bid for a bankrupt satellite firm backed by SoftBank

Indian telecommunications tycoon Sunil Mittal has submitted a bid for OneWeb, the bankrupt satellite firm whose investors include SoftBank Group Corp.

Bharti Airtel, Sunil Mittal, Mukesh Ambani, Reliance Jio, Reliance Jio Infocomm Ltd, jio deals,  OTT firms, amazon, telecom wars, latest news on sunil mittal

Chinese firms are pricing their U.S. IPOs above range, a sign of strong demand

The strong appetite for these deals ends a more than one-year hiatus for Chinese firms pricing U.S. listings above their ranges.

U.S. IPOs, U.S. capital markets, Chinese companies, U.S. listings, initial public offerings, startup,

Locusts enter India’s biggest cane grower state via national capital

A massive locust attack adds another challenge for Prime Minister Narendra Modi’s administration, which is trying to contain the spread of the coronavirus and limit its impact on the economy.

Starting from April 11 till July 9, control operations have been done in 1,51,269 hectares area in Rajasthan, Madhya Pradesh, Punjab, Gujarat, Uttar Pradesh and Haryana by Locust Circle Offices (LCOs), it added.

Lockdown helps boost employee productivity as commuters avoid traffic clogged Mumbai roads

As banks and asset managers around the world try to figure out how they’ll manage their offices after the coronavirus pandemic, many in Mumbai -- India’s finance hub -- see the opportunity for permanent change in how they

It’s hard to be the next China, not impossible

The U.S. is still coping with China’s rise, and not in a mood to let another 200 million workers latch on to its customers.

Americans hold huge pile of cash that’s key to economic recovery

Unlike in 2008, when that money mostly piled up in banks’ accounts at the Fed, funds are pouring into Americans’ checking accounts.

FDI, FPI, foreign investors, rating agencies, fitch, moody's, unlock-1

India’s oil demand to rebound by September-end; recovery to be sooner than IEA, OPEC estimates

India's nationwide lockdown pummeled demand for transportation and industrial fuels by as much as 70%, forcing a reduction in crude processing and oil imports by refiners.

oil demand, crude oil, crude, petro, diesel

India’s devastating gender gap made even worse by coronavirus economic crisis

In India, women are at higher risk of contracting the virus because they are overrepresented in the health-care sector. Women’s self-help groups are trying to make available personal protective equipment gear, though the ne

India’s first overseas syndicated loan may signal end of fundraising woes for India Inc

A successful Mu Sigma deal would be one of the first signs that overseas lenders are becoming less reluctant to extend funds to Indian companies.

No other Indian borrower has marketed an overseas facility to a broad pool of lenders since March.

Wall Street banks get easier Volcker rule – Know the key details

Approved changes to the Volcker Rule let banks increase their dealings with certain funds.

International Investing, Active Vs Passive investments, global index funds, etf, fund managers, assets

Embargo on Chinese goods is hitting US manufacturers in India, claim supply chain disruptions

India’s border stand-off with China may disrupt the supply chains of U.S. companies based in the south Asian nation.

So while the China-Bangaldesh trade is already heavily tilted in favour of Beijing, New Delhi’s trade ties with Dhaka are much more balanced.

Rupee may turn weakest on record due to coronavirus, says former Reliance FX head

The growth shock to India’s economy from the coronavirus pandemic will trigger more weakness in the rupee, dragging it toward an unprecedented 80-per dollar level.

rupee, exchange rate, rupee against dollar

Facebook’s $5.7 billion Jio stake wins regulatory approval

Ambani’s $65 billion Jio Platforms unit has sold more than 20% in stakes to buyers including Facebook and U.S. private equity firms KKR & Co., and General Atlantic.

Facebook, reliance, jio, stake, billionaire Mukesh Ambani

Billionaire Hamm adds $57 million of faith in his shale driller

Hamm has remained one of shale’s biggest proponents during the market downturn that began more than a half-decade ago.

Harold Hamm, oil industry, Continental Resources , shale drilling company, OPEC,

Slow oil demand, refinery slump reveal gloomy truth about India’s economic recovery

Operations across 23 refineries nationwide were at 77% of capacity in May, according to oil ministry data.

Harold Hamm, oil industry, Continental Resources , shale drilling company, OPEC,

Corona crisis, China border clash embolden Modi’s vocal for local call

A shortage of personal protective equipment at the beginning of the outbreak increased his resolve -- and within the space of just two months, India has become the world’s biggest maker of PPE kits after China.

All eyes on Federal Reserve data to hold up the economy

Companies benefiting from workers staying at home such as Netflix Inc. and Inc are doing well.

Warren Buffett, new investment, Dominion Energy, Berkshire’s largest acquisition, Berkshire Hathaway, airline stocks,

A letter, four brothers, and an $11 billion fortune; here’s how an expensive family feud is unfolding

A letter signed by the four Hinduja brothers is at the center of a legal dispute over the future of the family’s $11.2 billion fortune.

अमेरिकी सिंगर Akon ला रहे अपनी क्रिप्टोकरंसी, इसके इस्तेमाल के लिए बना रहे एक शहर

इस क्रिप्टोकरंसी को जुलाई की शुरुआत में लॉन्च किया जा सकता है.

American singer and entrepreneur Akon is launching his own cryptocurrency Akoin and building Akon City

A debt collector at the age of 12, this SBI MD now chasing $20 billion bad loans at India’s largest bank

Forty-two years later, Setty continues to collect on loans, albeit on a much larger scale. He’s one of three managing directors of State Bank of India, a position one rung below the top job at the country’s biggest lender

Birla group’s Hindalco looks at exports to keep earnings up as coronavirus hits local demand

Exports during the year that started April will increase to as much as 65% of total output compared with 50% last year

PM Modi finds neighbors silent as India-China tensions simmer

Amid a serious escalation of tensions with China following the first fatalities along their contested border in more than four decades, a surging epidemic and an economy heading for recession, the silence of India’s traditi

Modi has long built an image of a strongman -- taking a bold, military stand when faced with India’s other difficult neighbor, Pakistan.
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