‘It is less dependent on imported capital.’ With the first half of CY21 drawing to a close, New York-based David Jones, senior investment strategist, BofA Global Research, tells Puneet Wadhwa
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ECB hawk says dissent at the central bank shouldn't be dramatized, rate hike still way off
Belgian central bank governor and ECB member Pierre Wunsch confirmed that he voted against the central bank's new guidance on interest rates, announced on Thursday. He said he was reluctant to commit
Continue reading »Brisbane picked to host 2032 Olympics without a rival bid
The Games will go back to Australia 32 years after the popular 2000 Sydney Olympics. Melbourne hosted in 1956. "We know what it takes to deliver a successful Games in
Continue reading »Covid robs Moradabad’s Brass City of its shine
With repeated disruptions in manufacturing activity and the dwindling number of jobs, most manufacturers spent their meagre savings and are now in debt. Forty-year-old Shamsher Ahmad has spent all his
Continue reading »Here's how Zoom is helping create the new world of hybrid work
In the early days of the pandemic, Zoom’s daily meeting participants grew 30 times — from 10 million participants to more than 300 million. Zoom is creating the next iteration
Continue reading »Biden and Merkel to discuss the contentious Russian Nord Stream gas pipeline
President Joe Biden is expected to discuss the $11 billion Nord Stream 2 pipeline with German Chancellor Angela Merkel at the White House on Thursday. The unease surrounding the gas
Continue reading »The other company seeking to attach India’s assets
‘Devas will continue to pursue its rights and enforcement actions against India in courts around the world.’ Devas Multimedia is out to enforce a $1.2 billion international arbitration award arising
Continue reading »Host of tests awaits Ashwini Vaishnaw, the new rail minister
Completing freight corridors, negotiating land for the bullet train, and speeding up monetisation plans would be some of the major focus areas. The change in leadership at the railway ministry
Continue reading »Don’t be AFRAID of Bank NPAs!
Business failures rise when growth declines.When Indian growth slowed in the last decade, defaults increased.This is the normal working of the market economy, points out Ajay Shah. An ‘NPA scare’
Continue reading »Gourmet meals on wheels, 5-stars’ latest success mantra
Since home-delivered meals from five-stars are cheaper by 15 to 20 per cent as compared to eating at the destination outside, food delivery has emerged as an important part of
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