Legal issues should have been sorted out before the start of the electronic bidding process
Biden gave his first major policy speech since he won the election after participating in a virtual meeting with business and union leaders, including the chief executives of General Motors, Microsoft, Target and the Gap and the head of the United Auto Workers
The hard choices for Biden will include deciding whether to maintain tariffs on about $360 billion worth of Chinese imports, which have raised costs for U.S. businesses and consumers, or whether to relax those levies in exchange of concessions on economic issues, or other fronts, like climate change
India’s commitment to environmental protection is mostly lip service. It’s time our politicians were called out for their duplicity
And how does India compare with other countries in government support during covid-19?
Billionaire investor’s Berkshire Hathaway put $5.7bn into four US pharma stocks in Q3
As demand comes back, deflation in manufactured products is coming down
Non-oil, non-gold and silver merchandise imports are also recovering
US revenues of large pharma companies improved from the June quarter. The companies benefited from new product launches and moderation in pricing pressure
It is understandable that India at the current juncture will not want to be part of a trade grouping whose natural leader is China. But in order to partake of the gains from trade, it can nter into bilateral trade pacts
Unlike Tejashwi Yadav, about 20 years younger to him, Rahul Gandhi comes across as someone unsure of his political footing
India’s rich and powerful have in the past always rushed to the US for treatment of serious diseases. Now they will think twice.
A critique of mainstream macroeconomics through the Japanese case should not be taken to imply that MMT advocates the same policy prescription for all situations; such naïve logic is a common weapon that macroeconomists often use against MMT
A selection of articles and social media gems from the world of economy, business and finance
Divided government is all too likely to mean paralysis at a time when we desperately need strong action
Joe Biden’s foreign policy expertise and interest is not in doubt, given his many years of experience and his earlier avatar as chairman of the Senate Foreign Relations Committee. But as US President, his first priority will be domestic renewal
Chirag Paswan managed to send a clear message and prove a point to the JD(U), to the RJD and even to the BJP
There is evidence that research-driven investments do better. Active managers will prosper when they can consistently beat indices
By improving the ‘ease of doing business’ regime for OSPs, productivity will increase and thereby improve the viability of this business
Inflation is being driven by higher prices of vegetables, pulses, meat, fish, eggs, edible oils, gold, silver, fuel and alcohol
Volumes in the market will crash, brokers and exchange revenues will be hit
The 0.2 percent growth in September 2020 is on top of a contraction of 4.6 percent in September 2019
Apart from major organisational issues, the party has lost its support base among major caste groups in state after state. It never managed to appeal to the growing middle class in the post-liberalisation era or to the youth or women, which would have offset this loss of caste base
Consumer, IT and pharmaceuticals are evergreen sectors. They go through ups and downs no doubt, but investors need to keep these as part of the core portfolio, says the MD and CEO of Aditya Birla Sun Life AMC
For all its promise, the cloud business presents several challenges as well. The big one is the potential shrinking of the annuity that Indian IT majors have been used to in the past
