According to the survey, nearly 9 out of 10 car buyers in India are...
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India witnessing 30 mn new demat accounts annually, 1 in 4 now a women investor
“This year, the number of new demat accounts may cross the 40...
India’s savings rate shoots past global average: SBI report
“Due to various measures, India's financial inclusion improved...
Assam becomes first state to launch night navigation mobile app in rivers
The night navigation mobile application was developed by the transport department in association with K Raju, the principal scientist of IIT Madras and will survey the draft of the rivers, the spokesperson said. Guwahati: The first night navigation mobile application...
Nasdaq sinks into ‘Death Cross’ for first time since April 2020
“When you hear ‘death cross’ your antenna goes up,” Jay Woods, chief market strategist at DriveWealth Institutional, said in a phone interview. “It doesn’t always mean doom and gloom is coming. It just means we’ll likely be in a more extended downtrend.” With...
G20 says global corporate tax deal should go live next year
Years of negotiations culminated last October when nearly 140 countries reached a deal on a minimum tax rate of 15% on multinationals and agreed to make it harder for companies like Google, Amazon and Facebook to avoid tax by booking profits in low-tax jurisdictions...
India needs to focus on care infra for kids and seniors: Indra Nooyi
Indra Nooyi, former chief executive, Pepsi Nooyi said families are “fragile” systems and if something happens to anyone in it, there will be economic trouble because sufficient money is not set aside and in such a scenario, the obvious impact will be delayed child...
G20 finance leaders dilute geopolitical risks reference in communique
Their statement instead said: "We will also continue to monitor major global risks, including from geopolitical tensions that are arising, and macroeconomic and financial vulnerabilities." G20 finance leaders on Friday watered down language on global economic risks...
U.S. adds e-commerce sites operated by Tencent, Alibaba to ‘notorious markets’ list
U.S. government's latest "notorious markets" list identifies 42 online markets and 35 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy, said U.S. Trade Representative U.S. adds e-commerce sites...
WHO calls for cooperation to face of common threats from Covid-19 pandemic
Tedros Adhanom Ghebreyesus,Director-General,World Health Organization Tedros recalled that 70,000 people were dying each week from a preventable and treatable disease; that 83 per cent of the population in Africa was yet to receive a single Covid-19 vaccine dose; and...
China changing tune as birth rate drops to record low, faces challenge of ageing population
In 2021, 267 million people were aged 60 and above in China as compared to 264 million in 2020. On the other hand, as per some demographers, the working-age population might fall to half by 2050 "For the Chinese history, 2021 will go down as the year when China last...
French insurer CNP to stop financing new oil and gas projects
The company said it was acting in response to scientific reports, including one by the International Energy Agency, which said new projects weren't needed if the world wanted to limit global warming to 1.5 degree Celsius above pre-industrial norms Paris: France's CNP...
U.S. banks urge regulators to be flexible on climate-risk rules
The sweeping proposal applies to lenders with over $100 billion in assets. It touches on everything from board room governance, liquidity, credit and operational risk management, to the way banks project hypothetical future losses on their books and their ability to...