Category: Business

As Its Economy Slows, China Embraces a Weaker Currency

Rajat Goswami- May 26, 2020

China set a reference rate for the yuan at its weakest point in 12 years, a signal that Beijing sees the benefits of a weaker ... Read More

Air Asia flight with 76 onboard makes emergency landing at Hyderabad airport with one engine off

Rajat Goswami- May 26, 2020

The Air Asia flight I5 1825 which was flying from Jaipur to Hyderabad had to make an emergency landing at the RGI Airport due to ... Read More

Even before coronavirus, Social Security was staring at a shortfall

Rajat Goswami- May 25, 2020

Thinking long term when you have short-term problems is hard to do. That’s the situation with the financial stability of Social Security.So much focus has ... Read More

Anand Mahindra says lockdown extensions could be economically disastrous

Rajat Goswami- May 25, 2020

Mahindra Group Chairman Anand Mahindra has once again voiced his concerns against the idea of extending lockdowns. On Monday, he took to Twitter saying that ... Read More

Amazon accused of fighting efforts to track COVID-19 in Wisconsin facilities

Rajat Goswami- May 24, 2020

Amazon may be improving safety measures in warehouses to protect against COVID-19, but it’s also accused of being less than forthcoming with vital data. The ... Read More

L&T Infotech says COVID-19 to impact business in first half of FY21, to use different tools to protect margins

Rajat Goswami- May 24, 2020

L&T Infotech (LTI) feels the COVID-19 pandemic will impact business in the first half of the fiscal, but it will not resort to employee retrenchment ... Read More

Hertz: Car rental firm files for US bankruptcy protection

Rajat Goswami- May 23, 2020

Image copyright Reuters Car rental company Hertz has filed for bankruptcy protection in the US after the pandemic saw its business plummet.The firm, which earns ... Read More

Moneycontrol Pro Weekender | Exit, pursued by a bear

Rajat Goswami- May 23, 2020

Dear Reader,Act III of Shakespeare’s ‘The Winter’s Tale’ probably has the most memorable stage direction ever -- ‘Exit, pursued by a bear’. That direction seems ... Read More

Stock futures trade lower on China tensions ahead of holiday weekend

Rajat Goswami- May 22, 2020

Trump: The economy will be back soonPresident Trump says the U.S. economy artificially closed and later thanks companies for helping the government and American people ... Read More

India Plans Tougher Scrutiny For Portfolio Investors From China, Hong Kong: Report

Rajat Goswami- May 22, 2020

The Chinese government described the policy as discriminatory.HighlightsGovernment concerned about Chinese investments in Indian firms: Report India could set up a body to scrutinize new ... Read More