A more progressive approach to taxation is necessary to counterbalance the rise of economic inequality, which has reached the highest levels since the 1920s
Valuations are reasonable and there are buying opportunities in banking, OMC, PSU, and telecom stocks, says CIO of Mirae Asset MF
The recent reshuffle in the top echelons of both companies signals that the parent is serious about sharpening its India focus and reining in costs
Tata Motors’ September-quarter results indicate a material improvement in passenger vehicle business. A sustained improvement in profitability and sales can help the company achieve its deleveraging objective
This time around there is a structural and permanent change that will be incorporated
Whether hesitant or hyperbolic, the statements all carry the same message: there is a growing consensus in Corporate America that Mr Trump is no longer good for business
If Exxon is right, its gamble will rescue the company as projects from New Mexico to Guyana begin pumping crude oil into a rising market
There are many factors at play in the Bihar polls, including LJP’s Chirag Paswan as the ‘X factor’; but whatever the result, it will be marked as Tejashwi Yadav’s coming-of-age election
Since biases decrease with the increasing number of women who run for office and party nominations, implementing reservations for women in assemblies and Parliament could be a critical first step
The US e-commerce giant has a history of controversies ranging from aggressive tax avoidance in its home base to allegations of predatory pricing and unfair discounting practices
A statement released by the Chinese embassy in India stresses on Beijing being committed to ‘friendly cooperation’ with its neighbours ‘based on mutual respect’. China’s neighbours, Japan, India, Australia, South Korea, and others would have had a good laugh at it
This GDP report will be particularly closely watched, arriving as the last major piece of economic data before Election Day on Tuesday
Since April, consumer savings have increased, credit scores have surged to a record high and household debt has dropped.
Strained government finances could be a risk for the sugar sector
The RJD’s localised campaign focusing on issues such as unemployment, migrant crisis and inflation is working well with the crowds. Tejashwi Yadav should also refrain from attacking Narendra Modi
Closer monitoring will ensure that local small merchants are treated right, and provided a level-playing field on the e-commerce platform whose manner of functioning is increasingly being questioned worldwide
States are struggling to recover cost of electric supply
Government spending on health has been stagnant for almost two decades now
Before the pandemic, unemployment in the US had fallen sharply
Fiscal deficit is set to rise. States will cut capital expenditure to meet targets
The dialogue clearly missed to present any shared, long-term vision which is what ties India and the US together in their endeavour to recast the larger regional security architecture
The re-election of Donald Trump would undo much, if not all, of the legacy of Roosevelt. Yet his defeat would not end the danger
AMD wants to go beyond the market for home computers and gaming consoles to compete more directly with Intel in supplying chips to cloud computing businesses
Does Amazon intend to get into brick-and-mortar retail, or are these tactical moves to scuttle competition to remain a dominant player in one of the world’s fastest growing retail markets?
The American Wind Energy Association estimates that the pandemic could threaten a total of $35 billion in investment and about 35,000 jobs this year