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Brazil markets tumble as President Bolsonaro pivots to interventionism, Petrobras' shares plunge 16%

Brazil markets tumble as President Bolsonaro pivots to interventionism, Petrobras shares plunge 16% Shares in Brazilian state oil company Petrobras plunged 16 percent after President Jair Bolsonaro changed the companys chief executive (AFP)Premium . Updated: 22 Feb 2021, 07:33 PM IST Bloomberg The real fell 2.2% at open, breaching the key 5.5 per dollar level that had been serving as support for the currency There was no room to discuss the move that shows a president increasingly impatient ...
New York United States United Kingdom Brendan Mckenna Roberto Castello Branco Joaquim Silvae Luna

Airtel, Qualcomm to partner for 5G in India

Airtel, Qualcomm to partner for 5G in India Airtel and Qualcomm’s partnership will enable an array of use cases, including 5G fixed wireless access (FWA) that is designed to deliver broadband connectivity at gigabit speeds to homes and businesses, the telco said on Tuesday. (Photo by Lionel BONAVENTURE / AFP) (AFP) Share Via Read Full Story Bharti Airtel Ltd and US-based Qualcomm Technologies, Inc have partnered to use the latter’s 5G platforms that will enable rolling out networks and pro...
Mukesh Ambani Bharti Airtel Industrie Jio Rajen Vagadia Uddhav Thackeray Randeep Sekhon

Film producers worry about box office as stars get embroiled in controversies

Film-makers worry actors’ political stands may affect box office collections Makers of Kangana Ranaut film Dhaakad are said to be worried of the film’s prospects post the actor’s remarks on farm protests (PTI)Premium Films of Akshay Kumar and Ajay Devgan could also be hit owing to the actors’ statements Share Via Read Full Story NEW DELHI : Film-makers are beginning to worry that aggressive political stands taken by their lead actors may drive away those who hold different views, erodi...
Cauvery River India General Tamil Nadu Uttar Pradesh Kangana Ranaut Uddhav Thackeray

Covid-19 update: India sees decline in new cases amid second wave scare

Covid-19 update: India sees decline in new cases amid second wave scare A health worker collects a swab sample from to test for Covid-19 (AFP)Premium As many as 10,584 people tested positive for Covid-19 in the last 24 hours With 13,255 new discharges, the cumulative number of patients to have been cured of the disease has reached 1,07,12,665 Share Via Read Full Story After seeing rising daily new cases last week, India reported a plunge in fresh infections on Tuesday. As many as 10,584 people...
New Zealand United Kingdom Tamil Nadu Uddhav Thackeray Bill Gates Jeff Bezos

You harvest the future when you invest in communities

You harvest the future when you invest in communities Mondelez India’s Cocoa Life programmePremium PROMOTIONAL Share Via Read Full Story A powerful African proverb sums up what a community can achieve: “If you want to go quickly, go alone. If you want to go far, go together." Mondelēz International truly believes in the value of building a promising future for cocoa-farming communities. In its vision to create a future where the people and the planet thrive, the company has set long-term t...
Dominican Republic Tamil Nadu Sulawesi Selatan West Godavari Andhra Pradesh Coted Ivoire

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Gold prices have corrected 16% from their peak. Should you buy?

Gold prices have corrected 16% from their peak. Should you buy? There is also the possibility of the yellow metal prices falling furtherPremium 3 min read Share Via Read Full Story NEW DELHI: Gold, which was the top-performing asset in 2020, has corrected around 16% since 7 August, 2020, when it had closed at a high of ₹55,922 on the MCX. Investors, who bought the asset in the last leg of the rally, could be wondering if they should exit. Prices of the yellow metal are falling further, as it...
Amarinder Singh Elon Musk Surendra Mehta Uddhav Thackeray Chirag Mehta Navneet Damani

Commodity Spot Index up 60% from March lows amid inflation concern

Commodity Spot Index up 60% from March lows amid inflation concern Premium Overnight, MSCI’s broadest index of Asia-Pacific shares outside Japan recovered from early losses and advanced 1.3%. Photo: iStock 2 min read . Updated: 23 Feb 2021, 03:44 PM IST Bloomberg Commodities rose to their highest in almost eight years amid booming investor appetite for everything from oil to corn. Share Via Read Full Story Commodities rose to their highest in almost eight years amid booming investor appetit...
Mike Henry Bart Melek Marko Kolanovic Elon Musk Uddhav Thackeray Sanjiv Bhasin

Industry body pushes for lower GST rate on packaged snacks, foods

Industry body AIFPA pushes for lower GST rate on packaged snacks and foods In terms of value, foods contribute 57% to FMCG sales, according to Nielsen (HT) Share Via Read Full Story Food processors have asked for lower and equitable goods and service tax rates on packaged snacks such as potato chips and pickles ahead of the GST Council meeting next month. The industry has reiterated its request through the All India Food Processors’ Association (AIFPA), which represents large firms such as H...
Amarinder Singh Elon Musk Robert Marshall Lee Uddhav Thackeray Punjab Sind Bank India Food Processor Association

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