Category: Business

Nirmala Sitharaman Says We Cannot Afford To Lose Sheen Of Insolvency And Bankruptcy Code

<!-- -->Nirmala Sitharaman said that "we cannot have stress signals go unnoticed".New Delhi: Union Minister Nirmala Sitharaman on Saturday said insolvency law cannot lose its "sheen".Ms Sitharaman, who is in charge of...

How Asia’s richest person gave Bezos his money’s worth

Gautam Adani had a very good year.The Indian billionaire briefly overtook Amazon founder Jeff Bezos to become the world's second richest person in September, according to Bloomberg. He is now ranked...

Finance Minister Nirmala Sitharaman Says Inflation At Manageable Level

<!-- -->Nirmala Sitharaman said we are in an era of robust economic activities.New Delhi: Finance minister Nirmala Sitharaman on Saturday said inflation is at a manageable level.Her comments came a day after...

Elon Musk’s robot Optimus can lift the roof. It is more or less that

Elon Musk wants autonomous androids to take over factory jobs from humans.But on Friday night, all they could do was step carefully onto the stage and "raise the roof".Tesla's chief executive unveiled...

Bed Bath & Beyond (BBBY) Q2 2022 Results

Bed bath and beyond Sales fell 28% in the second fiscal quarter on Thursday as the home goods retailer struggled to attract customers.Its shares rebounded in premarket trading as investors assessed the...

Forex Reserves Notches Steepest Drop In 6 Months

<!-- -->The country's reserves were $545.65 billion at the end of the previous week.MUMBAI: The foreign exchange reserves fell to $537.52 billion in the week through Sept. 23, notching their steepest weekly...

Nike (NKE) Q1 2023 Results

A woman shops for shoes in the Nike Factory Store at the Outlet Shoppes in El Paso, in El Paso, Texas on November 26, 2021.Paul Ratje | AFP | Getty...

HDFC Raises Interest Rate By 0.50%, EMIs To Increase

<!-- -->This is the seventh rate increase undertaken by HDFC in the last five months.New Delhi: Mortgage lender HDFC Ltd on Friday hiked its lending rate by 50 basis points hours after...

Hiltzik: American workers are still helpless

Union rights advocates have felt their concern lately, with a wave of successful organizing drives at Starbucks stores, a hint of union interest at Amazon warehouses, higher minimum wage standards in cities...

Will Elon Musk’s Tesla robot replace human workers?

Elon Musk is optimistic about robots – his own, at least.Tesla CEO claims last year that his company was in an advanced stage of developing an autonomous android that would relieve humans...

The pension fund panic led to the Bank of England’s emergency intervention

The Bank of England on Wednesday launched a historic intervention in the UK bond market to shore up financial stability as markets were in disarray following fiscal policy announcements from the new...

India A ‘Star’ Among Emerging Market Economies With 7.3% Growth In 2022-23: Report

<!-- -->The US-based agency said as central banks aggressively raise rates to fight inflation.New Delhi: S&P Global Ratings on Thursday said rising rates and increased European energy insecurity are hitting growth in...

Student loan debt relief is reduced. Who is concerned ?

The Biden administration has curbed his commit to forgive up to $20,000 in federal student loans Thursday narrowed the types of loans eligible for relief.The the basic outlines of the offer remain...

Didar Singh Bains, ‘Peach King’ who built Northern California’s Sikh community, has died

In 1980, Didar Singh Bains presented a plan for what he hoped would be an annual Sikh parade in his hometown of Yuba City, California.But his peers, in a town of 19,000...

Los Angeles gas prices jump 15 cents overnight to $6.26 a gallon

Already on the rise, gasoline prices in Los Angeles have jumped another 15 cents in the past 24 hours, according to data from the American Automobile Assn.The average price of a gallon...

CalSavers program: what you need to know about this retirement plan

Steven Johnson spent 19 years as a minimum-wage laborer for a Los Angeles moving company, lifting heavy furniture and suffering three hernias along the way.For the past decade, the 61-year-old has worked...
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