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Despite transatlantic 'love fest', EU charts third way in ties with US and China

ET News - 2 hours 58 min ago
But two senior envoys who attended said there was no direct response from the ministers gathered in Brussels when Blinken said: "We must push back on China together and show strength in unity."
Categories: Business News

Twitter's India policy head to step down; will transition in March

ET News - 2 hours 58 min ago
This comes as the San-Francisco based firm is at the receiving end of the Indian government over an issue of blocking and unblocking certain handles tweeting about farmer protests.
Categories: Business News

What investors looking to diversify can look at in 2021

ET News - 2 hours 58 min ago
Motilal Oswal Nasdaq 100, PGIM Global Equity Opportuities Fund, Edelweiss Greater China Offshore Fund and DSP World Energy Fund are among the top picks of investment advisors.
Categories: Business News

Build stock portfolios outside the index overseas

ET News - 2 hours 58 min ago
“While there is a bubble in stocks like Tesla and Netflix there are a lot of individual stock opportunities available and investors can build a portfolio of companies with good fundamentals and fair valuations,” says Vikas Gupta, Chief Investment Strategist, Omniscience Capital.
Categories: Business News

CBI books Ruchi Global, its directors for Rs 188 crore bank fraud

Business Standard - 3 hours 20 min ago
The CBI has filed an FIR against Ruchi Global Limited and its directors for allegedly cheating a consortium of banks led by Bank of Baroda to the tune of Rs 188.35 crore, officials said on Wednesday. The agency carried out searches at the premises of the accused at six locations in Indore, Mumbai and Bangalore, they said. The agency has booked Ruchi Global Limited and its directors Umesh Shahra, Saket Barodia and Ashutosh Mishra in the case pertaining to the alleged fraud between January 1, 2016 and December 31, 2017. It is alleged that the accused fraudulently indulged in diversion of funds, speculation transactions, non-routing of sale proceeds in consortium bank accounts, transactions with related parties/sister concerns, etc., the CBI spokesperson said in a statement. The company was doing business with related entities having a common address with directors being employees of the accused company, Bank of Baroda alleged in its complaint, which is now part of the CBI FIR. It is
Categories: Business News

Gold slides over 1% after Federal Reserve projects rate hikes into 2023

Business Standard - 3 hours 24 min ago
The central bank however held its benchmark short-term interest rate near zero and said it will continue to buy $120 billion in bonds each month to fuel the economic recovery
Categories: Business News

Javelin ace Neeraj Chopra set for Karlstad Grand Prix on June 22

Business Standard - 3 hours 29 min ago
In his bid to regain form and confidence before the Olympic Games, Indian javelin exponent Neeraj Chopra's next stop will be Karlstad Grand Prix in Sweden on June 22 as part of his preparation.
Categories: Business News

Home field not an advantage for Spain so far at Euro 2020

Business Standard - 3 hours 33 min ago
Home-field advantage wasn't much of an advantage for Spain at the European Championship. Spain is one of nine teams hosting matches at Euro 2020, but playing in Seville didn't seem to help much on Monday in a 0-0 draw against Sweden. Not only didn't the result go Spain's way, but the team also had to deal with poor field conditions and even boos from the home fans. It's much better to play when the fans are applauding than when they are jeering, Spain midfielder Pedri Gonzlez said. But I prefer to focus on the applause of the fans who motivated us. That will help us a lot more than if we focus on the negative things. More than 12,000 fans were at La Cartuja Stadium for the match against Sweden, and most were supportive of the national team. They proudly honored the national anthem and loudly chanted some players' names. But many grew unhappy and didn't hide their discontentment as Spain struggled to capitalize on its scoring opportunities. Most of the jeers were directed at strik
Categories: Business News

Miranchuk's goal helps Russia beat Finland 1-0 for 1st points at Euro 2020

Business Standard - 3 hours 34 min ago
With a slick one-two and a beautiful curling shot, Aleksei Miranchuk finally gave Russia something to smile about at the European Championship
Categories: Business News

Gareth Bale sets up both goals, Wales beats Turkey 2-0 at Euro 2020

Business Standard - 3 hours 38 min ago
Gareth Bale set up both goals and missed a penalty in Wales' 2-0 victory over Turkey on Wednesday at the European Championship.
Categories: Business News

IT firms set to slash 3 mn jobs by 2022 due to automation, says Report

Business Standard - 3 hours 56 min ago
The move will help them save a whopping $100 billion mostly in salaries annually, report said
Categories: Business News

Euros championship 'Bottlegate' spreads from Coca-Cola to Heineken

Business Standard - 4 hours 7 min ago
Manchester United's Paul Pogba on Tuesday moved a bottle of non-alcoholic Heineken NV beer out of sight when giving a press conference at the UEFA Euro 2020 tournament, where he's representing France
Categories: Business News

Portuguese superstar Cristiano Ronaldo's snub costs Coca-Cola $4 billion

Business Standard - 4 hours 11 min ago
The star urged people to choose water over aerated drinks
Categories: Business News

Troubled newspaper creates 200% windfall with digital arm's IPO

Business Standard - 4 hours 20 min ago
The IPO of VerticalScope Holdings, a former unit of Torstar that runs websites for hobbyist communities such as wood-workers and motorcyclists, raised about C$125 million ($103 million)
Categories: Business News

US economy well on way to robust post-Covid recovery: Janet Yellen

Business Standard - 4 hours 24 min ago
Yellen said in testimony she's scheduled to deliver before the Senate Finance Committee that she came into her job in January hoping to help Americans "make it to the other side of the crisis."
Categories: Business News

China's industrial production jumps over 6% in May, shows data

Business Standard - 4 hours 28 min ago
The latest data released Wednesday by the statistics bureau showed a shift toward consumption-driven demand is underway, but at a gradual pace
Categories: Business News

Joe Biden, Vladimir Putin meet for first time to dial back tensions

Business Standard - 4 hours 36 min ago
Cold War adversaries decide to return ambassadors after talks
Categories: Business News

Advance tax collection surges 146% despite Covid-19-led economic disruption

Business Standard - 5 hours 13 min ago
Net direct tax mop-up zooms 100% till June 15
Categories: Business News

Mazagon Dock Shipbuilders puts Rs 2K-crore greenfield capex on hold

Business Standard - 5 hours 18 min ago
The company plans to continue with its annual maintenance capex of Rs 100 crore for FY22
Categories: Business News

Covid-19 vaccine pricing accounts for last-mile delivery, say firms

Business Standard - 5 hours 34 min ago
The cost of logistics is built into the final price of the vaccine, especially when supplying to the private sector
Categories: Business News