Business
Broadcaster ITV Set For FTSE 100 Exit After Share Slump
British broadcaster ITV is set to be expelled from the FTSE 100 bluechip index after its shares have fallen by about 60% this year, hit hard by an advertising slump triggered by the coronavirus crisis.
China Starts Anti-dumping Investigation On Certain Glycol Ethers Imports From U.S.
China's commerce ministry said on Monday it has launched an antidumping probe into imports from the United States of certain monoalkyl ethers of ethylene glycol and propylene glycol, which are widely used in areas including automobile brake fluid and deic...
RBI Governor Shaktikanta Das Rules Out Stagflation, Expects Consumer Inflation to Moderate: Report
Reserve Bank of India Governor Shaktikanta Das also suggested that another round of stimulus was likely on the cards.
Oil Prices Edge Up On Stimulus Support Despite Ample Supplies
Oil prices nudged up on Monday, with Brent futures set to post a fifth straight monthly gain, as global stimulus measures underpin prices even as demand struggles to return to preCOVID levels in a well supplied market.
CAIT Urges Govt to Probe Chinese Investments in Indian Startups
These Indian firms relate to sectors including hospitality, food delivery, IT, logistics, payment applications, e-commerce travel, transport, pharmaceuticals, insurance, share market, healthcare, eye care, play applications and others.
Pensioners to Get Electronic Payment Order in Their DigiLocker Directly: Union Minister Jitendra Singh
Union Minister Jitendra Singh said this would also address the frequent problem of loss or misplacement of original PPOs by some pensioners and the subsequent hassles and misery.
Bank Of China First-half Profit Falls 11.5%, Steepest H1 Fall Since Market Debut
Bank of China Ltd (BoC), the country's fourthbiggest lender by assets, on Sunday posted an 11.5% fall in firsthalf net profit, the steepest drop for the JanuaryJune period since its market debut.
6 of Top 10 Most Valued Firms Together Add Over Rs 1 Lakh Crore in M-cap; ICICI Bank Tops Chart
Of these 10 most valued companies in terms of market capitalisation (m-cap), Reliance Industries Ltd (RIL), HDFC Bank, HDFC, Kotak Mahindra Bank, Bharti Airtel and ICICI Bank emerged as gainers.
Britain's Treasury Officials Pushing For Tax Hikes - Newspapers
Treasury officials in Britain are pushing for tax hikes to plug holes blown in public finances by the coronavirus pandemic, two leading British newspapers said.
Wall Street Weekahead: Value Bulls Bang Drum For Cheap Stock Resurgence On Fed, Vaccine Hopes
As U.S. stocks hit record highs, some investors are betting the market’s future gains will be increasingly driven by some of its lesserloved companies.
Walmart Ad Revenue Could Quickly Jump If TikTok Bid Succeeds
Walmart Inc could turn into an online advertising leader if its plan to acquire popular shortform video app TikTok goes through, analysts said on Friday.
Trump Administration Says Sinochem And Others Backed By Chinese Military
The Trump administration has determined that another 11 Chinese firms, including construction giant China Communications Construction Company, are owned or controlled by the Chinese military, laying the groundwork for new sanctions.
Bangladesh's Beximco Signs COVID-19 Vaccine Deal With India's Serum Institute
Bangladesh's Beximco Pharmaceuticals is investing in the Serum Institute of India (SII) to ensure Dhaka gets priority access to COVID19 vaccines being developed by the Indian drug manufacturer, the company said on Friday.
Business Events Scheduled For The Coming Week.
Business events and economic reports scheduled for the coming week.
'Fresh Paint On Crumbling Building': Lebanon Bank Clean-up Raises Doubts
Bankers and analysts have voiced scepticism about attempts by Lebanon's central bank to clean up the country's banks, warning they must form part of a wider rescue plan to fix its broken financial and economic system.
Coca-Cola To Cut Thousands Of Jobs As Coronavirus Hits Sales
CocaCola Co on Friday joined a list of big U.S. companies laying off thousands of workers in response to the coronavirus crisis, offering voluntary deals across its businesses and promising to halve its number of operating units.