News

China reconsiders global strategy for Yuan

ET News - Sat, 10/24/2020 - 23:56
The yuan rallied to the strongest in more than two years earlier this week, aided by dollar weakness and China’s economic recovery from the virus pandemic.
Categories: Business News

Nifty overbought, market may see sectoral rotation in the near term

ET News - Sat, 10/24/2020 - 23:56
Contrary to expectations, India’s power consumption grew in double digits YoY at 11.4 per cent in the first half of this month. This signals buoyancy in industrial and commercial activities after months of subdued activity and indicates that India as an economy is in now a superior position compared with other developed countries.
Categories: Business News

Biden's capital gains tax plan fixes nothing

ET News - Sat, 10/24/2020 - 23:56
The capital gains tax rate has historically been lower than taxes on ordinary income, which is the taxes paid on salary or business income. Wealthy people pay a disproportionate amount of these taxes, because they are more likely to hold financial assets such as stocks, bonds and real estate.
Categories: Business News

Base year revision for CPI-industrial workers suspicious: AITUC

ET News - Sat, 10/24/2020 - 23:56
The AITUC further said that it is of the view that the move will lead to "depression" in dearness allowance (DA) paid to workers. The labour ministry has recently revised the base year for CPI-IW to 2016 from 2001.
Categories: Business News

GS1 to partner retailers and brands to make a common platform, NIFR, for supply chain issues

ET News - Sat, 10/24/2020 - 23:56
The forum which includes more than a dozen leading companies such as Amazon, Google, Nestle and Hindustan Unilever, will address challenges faced in their supply and demand chain processes, enhancing operational efficiencies, and consumer trust by ensuring the availability of the right product.
Categories: Business News

View: Big tech needs regulation but government action no solution

ET News - Sat, 10/24/2020 - 23:56
This column began by saying that some aspects of the internet giants (including Google) should be regulated. Their tax loopholes should be closed. But the reason is less their monopoly power than unanticipated side-effects such as privacy problems and proliferation of hate speech and falsehoods.
Categories: Business News

Samsung group chairman Lee Kun-hee died, says Samsung

ET News - Sat, 10/24/2020 - 23:56
Lee, who was 78, helped grow his father Lee Byung-chull's noodle trading business into South Korea's biggest conglomerate. His death came more than six years after he was hospitalised for heart attack.
Categories: Business News

Farooq Abdullah named chairman of Peoples Alliance for Gupkar declaration; Mehbooba Mufti to be deputy

ET News - Sat, 10/24/2020 - 23:56
CPM leader Mohammad Yousuf Tarigami is the convenor of the alliance, while Sajad Lone of People's Conference has been named as the spokesperson.
Categories: Business News

Rashtriya Janata Dal manifesto for Bihar polls: 10 lakh jobs, farm loan waiver

ET News - Sat, 10/24/2020 - 23:56
The cover page of the manifesto displays photographs of Mahatama Gandhi, Dalits icon B R Ambedkar, freedom fighter Maulana Abul Kalam Azad, socialist veterans-Ram Manohar Lohia and Karpoori Thakur- Loknayak Jayprakash Narayan among others, but it does not have a photo of the party's founder and its charismatic leader Lalu Prasad.
Categories: Business News

IPL 2020, Match 45: RR vs MI live streaming, match and toss timing details

Business Standard - Sat, 10/24/2020 - 23:53
The RR vs MI IPL match will be telecast live on the Star Sports 1 HD/SD and Star Sports Hindi 1 HD/SD. Check IPL 2020 match 45, RR vs MI live streaming, toss timings details here
Categories: Business News

IPL 2020, Match 44: RCB vs CSK live streaming, match, toss timing details

Business Standard - Sat, 10/24/2020 - 23:34
The RCB vs CSK IPL match will be telecast live on the Star Sports 1 HD/SD and Star Sports Hindi 1 HD/SD. Check IPL 2020 match 44, RCB vs CSK live streaming, toss timings details here
Categories: Business News

IPL 2020: RCB vs CSK playing 11 prediction, squad, head to head, details

Business Standard - Sat, 10/24/2020 - 23:33
RCB demolished KKR's batting in its previous clash and the team would be upbeat to clinch two more points to seal its spot for the playoffs
Categories: Business News

IPL 2020: RR vs MI playing 11 prediction, squad, head to head, details

Business Standard - Sat, 10/24/2020 - 23:32
Mumbai would look consolidate its pole position as it faces Rajasthan which has been inconsistent despite a good mix of players in its playing 11
Categories: Business News

Everyone may get success: PM Modi greets nation on Mahanavami, Dussehra

Business Standard - Sat, 10/24/2020 - 23:30
Prime Minister Narendra Modi extended wishes to countrymen on Mahanavami, the ninth day of Navratri festival on Sunday."Heartiest greetings to the countrymen on Mahanavami. On this auspicious day of Navratri, the ninth form of Goddess Durga is worshipped as Goddess Siddhidatri. With the blessings of Maa Siddhidatri, everyone may get success in their works," Prime Minister said in a tweet (roughly translated from Hindi).Amid the COVID-19 pandemic, festivities across the country have been muted.
Categories: Business News

US election: Boat parades, road rallies buoy Trump and his supporters

Business Standard - Sat, 10/24/2020 - 23:30
Campaign strategists and analysts say the parades are a reflection of the president''s populist appeal, but they have varying thoughts on whether they will help his chances of winning
Categories: Business News

Europe, US watch Covid-19 cases grow as debate rises over new restrictions

Business Standard - Sat, 10/24/2020 - 23:30
German authorities reported a record one-day total of new coronavirus cases this weekend while leaders in Spain and Italy debated how to control the resurgent virus
Categories: Business News

Samsung's Lee Kun-hee: Tainted titan who built a global tech giant

Business Standard - Sat, 10/24/2020 - 23:20
Lee, who died aged 78 on Sunday after being hospitalized for a heart attack in 2014, was driven by a constant sense of crisis
Categories: Business News

With 83,000 new cases US sets Covid infection record; deaths near 224,000

Business Standard - Sat, 10/24/2020 - 23:20
In the southern Idaho city of Twin Falls, St. Luke's Magic Valley Medical Center said it would no longer accept children because it is overwhelmed with coronavirus patients
Categories: Business News

Income Tax, ED rarely raided BJP leaders in last six years: Congress

Business Standard - Sat, 10/24/2020 - 23:20
"IT and ED do not know what is happening? CBI does not know what is happening?" he asked further
Categories: Business News

It's not how you talk about friends: Biden on Trump calling India 'filthy'

Business Standard - Sat, 10/24/2020 - 22:39
"Kamala Harris and I deeply value our partnership and will put respect back at centre of our foreign policy," Biden said in a tweet Saturday as he retweeted his op-ed in the latest issue of ethnic I
Categories: Business News