Business
Get a Common Account Number for Mutual Funds, Here’s How
CAN is an essential tool that helps investors in facilitating and consolidating holdings across separate fund houses into a cohesive statement.
Positive Pay System: Here’s What You Need to Know
Positive Pay is a tool designed to detect fraudulent activities by matching specific information related to the cheque presented for clearing.
Exxon Signals Up To $20 Billion Writedown To Overwhelm Fourth-quarter Gains In Oil, Chemicals
Exxon Mobil Corp signaled in a regulatory filing that higher oil and gas prices and improved chemicals margins would aid fourth quarter results, but the gains would be overshadowed by an up to $20 billion asset write down.
Vaccines, Stimulus Set Tone For 2021 As Year Ends On Bullish Note
Global commodity markets are poised to end 2020 on a strong note, with recovering demand and widespread stimulus packages buoying prices after a roller coaster ride caused by the global coronavirus pandemic.
'Water Bottle King, Lone Wolf' is the Quiet Chinese Billionaire Who is Now Asia's Richest Person
According to the Bloomberg Billionaires Index, Zhong's net worth has increased $70.9 billion this year to $77.8 billion, making him the 11th-richest person on earth.
French Truckers Brace For Disruption As Britain Restores Hard Border With Europe
Red tape, new "smart borders" that don't talk to one another and illprepared traders threaten border chaos, French truckers warned a day before Britain restores a hard frontier with Europe.
World Stocks Near Record Peak, Dollar Stumbles Again
World stocks edged closer to recent record highs and Asian shares hit a record peak on Wednesday, as investors bet on a strong economic recovery next year, with the upbeat mood pushing the safehaven dollar to its lowest since April 2018.
AirAsia Sells 32.67% Stake in Indian JV to Tata Sons for $37.7 Million
Prior to the transaction, AirAsia Berhad held a 49 per cent stake in AirAsia India, while Tata Sons held 51 per cent.
Greece Hoping For Tourism Recovery From Summer 2021 After Pandemic Slump
Greece's tourism sector is expected to recover next summer following a dramatic fall in revenues due to the coronavirus pandemic this year, a senior industry official said on Tuesday.
About 4.37 Crore ITRs for Fiscal 2019-20 Filed Till December 28
With just three days left for the deadline for income tax return (ITR) filing for individuals to end, the tax department asked taxpayers not to wait and file returns early.
This Week: Home Prices, Pending Home Sales, Jobless Claims
A look at some of the key business events and economic indicators upcoming this week:
Rupee Rises 4 Paise to 73.51 Against US Dollar in Early Trade
At the interbank forex market, the domestic unit opened at 73.52 against the US dollar, then inched higher to 73.51 against the greenback, registering a rise of 4 paise over its previous close. On Thursday, the rupee had settled at 73.55 against the US do...
What the $*#@)($ is Happening with Bitcoin's Insane Record Run? It's Worth More than Visa, Mastercard
Bitcoin passed $20,000 for the first time just 11 days ago. Now it's knocking at $30,000's door.
UK Boxing Day Retail Footfall Slumps 60% Amid COVID-19 Restrictions
Overall retail footfall on Boxing Day in Britain fell 60% compared to the previous year, market researcher Springboard said on Sunday, as the closure of shops in large parts of England due to COVID19 restrictions hit one of retail's busiest days.
China Orders Ant Group To Rectify Businesses
Chinese regulators have ordered Ant Group, the worlds largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of antimonopoly practices in the countrys internet sector.
Oil Inches Lower, As Pandemic Concerns Outweighs News Of Brexit Deal
Oil prices edged lower on Thursday as concerns about a new variant of COVID19 tempered optimism over news that Britain and the European Union had signed a postBrexit trade deal.