Since the market is at record highs and valuations are high FIIs...
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Being the 5th largest economy ‘impressive,’ but per capita income must also rise, says Ex RBI Gov Rangarajan
Noting that India was today the fifth largest economy, he said,...
A massive $188 bn exodus shows China’s heft fading in world markets
“China risks are several – LGFV, housing stock overhang,...
US Bill would require secondary cockpit door on all existing airplanes
A study by the Federal Aviation Administration, which oversees aviation security, concluded that cockpits are vulnerable when pilots step out and cited secondary doors as the most efficient, cost-effective form of protection, according to the news release issued on Wednesday.
48% employees keen on switching jobs for greater flexibility: Indeed
Even though 47 percent of employers surveyed felt the investment required in technology to facilitate remote work is a deterrent, 83 percent of employers believed that offering employees flexibility in work improve productivity.
No-deal Brexit ‘could cost 600,000 jobs worldwide’ – study
Within the 27 remaining EU countries, almost 180,000 posts at firms directly exporting to the UK would be at risk. But 433,000 more workers in the EU and around the world would be affected, as their employers sell to companies that in turn export to Britain.
Deposits in Jan Dhan accounts set to cross Rs 90,000 crore
New Delhi: Total deposits in Jan Dhan accounts are set to cross Rs 90,000 crore with the government making the flagship financial inclusion programme more attractive especially by doubling accident insurance cover to Rs 2 lakh. According to data from the...
Significant beneficial owners in companies to face strict action for wrong disclosures
Significant beneficial owners, who fail to make a declaration regarding their ownership, could face fine, imprisonment or both under the Companies Act. In instances, where such entities have willfully provided incorrect information, then such acts would be considered as fraud under the Act. Similarly, companies that fail to maintain registers of significant beneficial owners would also face action, as per the rules.
India:FPIs turn net buyers in Feb; infuse Rs 5,300 cr in last 6 trading sessions
After turning net sellers in January, FPIs have turned net buyers in February so far. Though it is a welcome change, it is too early in the month to conclude as to where the flows are headed, analysts said.
‘Storm’ might strike global economy, warns IMF as growth slows down
The risks include “trade tensions and tariff escalations, financial tightening, uncertainty related to (the) Brexit outcome and spillover impact and an accelerated slowdown of the Chinese economy”, said IMF Managing Director Christine Lagarde
Insuring The Sharing Economy
As traditional ways of doing business become more fluid, new risks and uncertainties are emerging. In particular, many sharing economy companies currently assert that whatever happens in the course of a peer-to-peer transaction is between the participants and all they are doing is supplying the platform.
Informal sector workers can join PMSYM pension scheme from Feb 15
The monthly contribution by the worker joining the scheme would be Rs 55, with matching contributions from the government. The contributions would rise at higher age. The worker joining the scheme at the age of 40 years would contribute Rs 200, while workers at the age of 29 years would pay Rs 100. The scheme will cover unorganised workers who are working or engaged as home based workers, street vendors, mid-day meal workers, head loaders, brick kiln workers, cobblers, rag pickers, domestic workers, washer men, rickshaw pullers, landless labourers, agricultural workers, construction workers, among others. < ..
Bank liable for unauthorised withdrawal even if no reply to SMS alert: HC
SMS alerts cannot be the basis to determine the liability of a customer, for there would be account holders who may not be in the habit of checking SMS alerts regularly, the court said.