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February 24, 2021
India, France, Australia discuss ways to enhance cooperation in Indo-Pacific Premium (FILES) The meeting comes amid Chinas growing military assertiveness in the Indo-Pacific region, which has become a major talking point among leading global powers (AFP) . Updated: 24 Feb 2021, 07:11 PM IST PTI At the meeting, they discussed the next steps to be taken for furthering trilateral cooperation in the Indo-Pacific region, the MEA said in a statement Share Via Read Full Story New Delhi: France and ...
February 24, 2021
Indian investors can benefit from higher oil prices Premium In the investing world, oftentimes, price gains happen too slowly to notice, whereas setbacks happen too quickly to ignore (REUTERS) Viram Shah Share Via Read Full Story On 20 April 2020, the price of crude oil turned negative for the first time in history. A brutal combination of weak demand due to worldwide lockdowns and producers unwilling to reduce output led to a scarcity of storage capacity. The situation turned so bad that oil ...
February 24, 2021
America is back,’ but Europe has moved Premium File Photo: French President Emmanuel Macron attends a video-conference meeting with US President Joe Biden and German Chancellor Angela Merkel (REUTERS) William A. Galston Share Via Read Full Story President Biden set out to declare a triumphant US return to the trans-Atlantic alliance. “America is back," the president said in his speech this week to the Munich Security Conference. The leaders of France and Germany promptly made it clear that...
February 24, 2021
Discovery+ introduces kids content to boost genre in India Premium The Discovery+ streaming service logo on a smartphone arranged in the Brooklyn borough of New York, U.S., on Thursday, Dec. 31, 2020. Discovery+ will launch in the U.S. on January 4 for $5 a month with commercials and $7 a month ad free, making it the latest traditional media company to rev up a rival to Netflix and Disney Plus. Photographer: Gabby Jones/Bloomberg (Bloomberg) Share Via Read Full Story New Delhi: Discovery+, the...
February 24, 2021
IT cos offer non-financial perks to contain attrition Premium 2 min read Share Via Read Full Story Information technology (IT) companies are offering non-financial perks to employees to reduce attrition levels, which are likely to go up as the demand for tech professionals bounces back. Employers this year are offering more leaves, career enhancement paths, and flexible work environment as benefits, besides salary hikes to retain employees. Hiring has picked up across the spectrum in 2021 and v...
February 24, 2021
Life insurance to remain important than other investments: Survey Premium 1 min read The survey reached out to 1,369 respondents across nine centres in the age group 25-55 Unlike the pre-covid-19 times, people are more inclined to buy a term plan than a unit-linked insurance plan or a traditional policy Share Via Read Full Story The momentum of buying life insurance may have slowed down compared to the initial days of the covid-19 pandemic. However, it remains the top priority of those who have...
February 24, 2021
SBI shelves plan to hive off Yono app SBI is also looking to expand Yono Business through which it has made it easier for corporate customers to apply for letters of credit and bank guarantees.Premium 2 min read Share Via Read Full Story State Bank of India (SBI) has shelved plans to hive off its super app Yono. It will instead build the app into a wider platform that can be used by rival lenders and add more capabilities to it. “The potential for monetization is there, but the timeline for m...
February 24, 2021
While the govt has the final say in deciding the buyers, from the regulator’s perspective, the bidders should meet RBI’s fit and proper criteria and have enough financial strength to capitalize the banks significantly, Governor Shaktikanta Das said
February 24, 2021
India renewables firms cry foul as state seeks to renege on pact Gujarat Urja Vikas Nigam had awarded the contracts to firms, including ReNew Power, Tata Power and SJVN for building solar capacity at tariffs of as much as ₹2.81 a kilowatt-hour (Photo: Mint)Premium . Updated: 24 Feb 2021, 03:18 PM IST Bloomberg The Centre has stepped in to mediate a dispute between Gujarat and solar power developers over the province’s plan to backtrack on bids for a 700 megawatt project because of high ...
February 24, 2021
India’s sprinting recovery faces some final hurdles going ahead Premium Capital spending has a higher growth multiplier effect and public spending results in crowding-in of private capex. 2 min read Bank balance sheets are still stuck with legacy bad assets and this could impact India’s revival Share Via Read Full Story The recent improvement in high-frequency data has boosted the prospects of India’s economic recovery. Electricity consumption, freight, commercial vehicle sales, manufactu...