Economy 251
Households saved Rs 11K per year due to increasing affordability of thalis: Survey
Eco Survey finds that cost of vegetarian thali reduced significantly since 2015-16 though the price rose in 2019.
Govt spend on social services up by 1.5% in six years: Eco Survey
According to the Survey, as a proportion of gross domestic product (GDP), the expenditure on social services has registered an increase of 1.5 percentage points during the period 2014-15 to 2019-20 from 6.2% to 7.7%, it said.
Financial watchdog to investigate M&C Saatchi accounting scandal
The Financial Conduct Authority has launched an inquiry into the £11.6m accounting error revealed in December.
IVF 'postcode lottery' in Suffolk and Essex could be coming to an end
The 'IVF postcode lottery' that impacts couples in Suffolk and Essex could be coming to an end under new NHS proposals.
A few tips to boost sales of new cars
Levying road tax for five-year periods, making the registration process online, and ensuring dealerships sell spare parts across the counter and online are among steps that will help reduce the cost of ownership
Man Utd transfer stance on Willian Jose after being offered loan deal for striker
Willian Jose has told Real Sociedad that he is keen to depart before Friday's transfer deadline and United have been offered the chance to usurp ex-boss Jose Mourinho
How to Buy Bitcoin 2020: Complete Guide to The Best Options
Our Ultimate Guide to buying Bitcoin in 2020 - Fresh update with all the best options to purchase with Debit, Credit Card & Bank Transfer
Outa, Saapa want Dudu Myeni to be declared delinquent director for life
Dudu Myeni must be declared a delinquent director for the rest of her life for allegedly plunging SAA into financial chaos ...
Billionaire Lawrence Stroll takes stake in Aston Martin
Canadian billionaire Lawrence Stroll will take an up to 20 percent stake in Aston Martin for nearly 200 million pounds (US$$263 million) as the ailing carmaker raises funds after a sales drop put pressure on its finances, Reuters reports. Famed for being fictional secret agent James Bond’s car of choice, the 107-year-old company’s share price…
SBI Q3 result: Lender logs 41% YoY rise in profit at Rs 5,583 cr; NPAs dip
During the quarter under review, the bank's credit book grew 6.79% YoY to Rs 23.01 trillion, up from Rs 21.55 trillion. The retail loans have jumped 17.49% YoY, while corporate loans slipped 0.48%
Man Utd transfer stance on Willian Jose after being offered loan deal for striker
Willian Jose has told Real Sociedad that he is keen to depart before Friday's transfer deadline and United have been offered the chance to usurp ex-boss Jose Mourinho
Years of red ink before Sargon's downfall
The holding company of high-powered fintech superannuation group Sargon Capital lost nearly $25 in the two years before it tumbled into receivership, and it is yet to file accounts for last financial year.
CFPB Sues Citizens Bank For Violating Truth In Lending Act
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Citizens Bank over alleged violations of the Truth In Lending Act (TILA).
Public sector bank services hit as employees union go on 2-day strike
Bank strike: Services like cash deposit, withdrawal, cheque clearances, instrument issuance and loan disbursement of public sector banks are affected.
Two loan products launched by Indian Bank
Indian Bank on Thursday announced the launch of two products - Surya Shakthi, for roof top solar set up for captive consumption and Corporate Loan, a finance product in aid of units under stress for w
Economic Survey highlights: FY20 fiscal deficit target may need relaxation
GDP growth pegged at 6-6.5 per cent in financial year starting April 1, up from 5 per cent in current fisca
Bank Negara says sentiments in global financial markets positive in Dec
KUALA LUMPUR, Jan 31 — Sentiments in the global financial markets in December were positive amid prospects of easing global trade tensions, said Bank Negara Malaysia (BNM) today. The central bank said investor’s risk appetite improved following the announcement and subsequent signing of a phase...
Economic Survey calls for $1.4 trillion infra spending during FY2020-2025
Investment in infrastructure is necessary for the economy, as power shortages, inadequate transport and poor connectivity affects overall growth performance, as per the Survey
What could derail the long-awaited property market recovery?
PROPERTY experts are hopeful 2020 will be the year the Perth market returns to growth.
Corporation tax cut to benefit 1% firms, SMEs paying lower tax: Eco Survey
With economic slowdown resulting in slippages in direct and indirect tax collections, the Survey said the next financial year is expected to pose challenges on the fiscal front
Fused entity to have enough cash to loan private players: PFC on REC merger
PFC and REC can separately lend up to 25 per cent of their net worth to a single borrower/ project, and lending to a group borrower could be 40 per cent, PFC informed the BSE
Oh! GDP grew only 6.1% - not 6.8% - last fiscal, says MOSPI
GDP figures for financial year 2017-18 were also revised downwards to 7 per cent, from 7.17 per cent reported earlier
CVS Stock Is a Long-Term Hold, but It’s not a Buy Ahead of Earnings
CVS Health's 2018 acquisition of Aetna will likely boost CVS stock in 2020, but volatiity around earnings date is possible.
Bank of Lithuania Looks into Central Bank Digital Currency
Bank of Lithuania may be the next entity to look into Central Bank Digital Currencies (CBDCs), after multiple banks worldwide have expressed interest. All
Economic Survey 2020: GDP Growth Projected At 6-6.5 Per Cent In FY21; Growth Resurgence From Second Half Of FY20
The Economic Survey 2019-20 was tabled by Finance Minister Nirmala Sitharaman in the parliament today (31 January). The survey projects the Indian Economy to grow at a rate of 6 to 6.5 per cent in the upcoming Financial Year 2020-21.
Sisters tried to poison mom days before allegedly killing her for life insurance money - report
Two sisters from Mpumalanga allegedly attempted to poison their 62-year-old mother a few days before she was killed and raped, reportedly to collect an R80 000 life insurance payout.
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate
The price threshold for Manhattan luxury homes fell to $US3,816,835 in the fourth quarter of 2019, according to a report by the real-estate listing platform, StreetEasy.
Budget 2020: Earn less than Rs 10 lakh? Here's what you can expect
Budget 2020: There have been talks about government levying 10% income tax on income above Rs 5 lakh to Rs 10 lakh and 20% for income above Rs 10 lakh to Rs 20 lakh
‘Big four’ banks turn into ‘big two’ - VietNamNet
With Vietcombank making up 40 percent of total profit of four state-owned banks, the competition among the ‘big four’ banks has been reduced to the ‘big two’.
Property sales catapult American Savings’ earnings | Honolulu Star-Advertiser
American Savings Bank’s earnings soared 30% in the fourth quarter after recognizing an after-tax gain of $7.7 million from the sales of its former headquarters at the Financial Plaza of the Pacific and its Mililani Service Center.
Sheffield United secure signing of promising Dutch striker
Sheffield United have completed the deadline day signing of Richairo Zivkovic on loan with an option to buy.
How to get one of 7000 first home grants
Those eligible can purchase with as little as 5 per cent of the property’s value, saving up to $26,000 in not buying insurance, but it's 'complicated’.
Bank strike paralyses work
Bank employees owing allegiance to various constituent unions of the United Forum of Bank Unions (UFBU) boycotted work in the erstwhile composite Khammam district on Friday, the first day of the two-d
How mortgage broking was saved from near death
The Hayne recommendations nearly finished off mortgage brokers a year ago. Today, their services are more in demand than ever.
India's share in global commercial services exports up at 3.5 per cent
According to the economic survey tabled by finance minister Nirmala Sitaraman, the service sector acounts for 55 per cent of economic growth
Budget 2020: PPF limit may increase to Rs 2.5 lakh from Rs 1.5 lakh
Budget 2020: The ministry is also planning to permit tax exemptions of up to Rs 2.5 lakh for savings under Section 80 C (of the Income Tax Act)
Lavender Economic Survey says growth has bottomed out, pegs GDP for FY21 at 6-6.5%
The pre-Budget Survey said for wealth to be distributed, it first has to be created and called for looking at wealth creators with respect.
Long queues return to banking halls, as customers avoid new ATM withdrawal limits
Customers of various banks now prefer to withdraw cash over the counter in the banking hall to using Automated Teller Machines (ATM).
DHFL account classified as ‘red-flagged’ by State Bank of India
State Bank of India has classified the Dewan Housing Finance Corporation Ltd (DHFL) account as a red-flagged account (RFA) and said it would scrutinise the home loan pools purchased from the trouble
Strategic strata moves rattle Melbourne's city grid
In an intriguing start to the year for the CBD strata market, property developer Salta has snapped up a second floor in a seven-storey building on Exhibition Street.
Volatility In SmileDirectClub Likely To Continue So Waiting To Buy May Be Best
SmileDirectClub, Inc went public in September 2019 as a unicorn, being valued at over $5B.While margins are showing improvement, net margin is still negative mainly due to high customer acquisition co
Telecom sector is bleeding! Will Modi govt offer relief in Budget 2020?
Budget 2020: Telecom industry has also demanded a reduction in levies, both licence fee and Spectrum Usage Charges (SUC). It has also asked the Centre to create an infrastructure bank that would raise tax-free bonds, the proceeds of which can be used to lend to the companies at lower rates.
Budget 2020: Why focus on wealth creation is good news for Indian economy
The Economic Survey 2019-20 has managed to hit the bullseye by focusing on wealth creation. It now remains to be seen whether the government provides the tools and environment required for the same.
Bitcoin Cash (BCH) Miners Gaming the Network Amid Low Transaction Volume
Despite attempts to improve the difficulty adjustment protocol for Bitcoin Cash (BCH), miners are still able to ‘game’ the network while transaction volumes remain significantly low.
Eco Survey gives positive outlook for steel, oil and gas sectors: Pradhan
The sector achieved a growth of 5.2 per cent during April-November period of the ongoing financial year as compared to 3.6 per cent in the year-ago period, it added
Aviva stops investors from taking money out of Irish property funds
Investment vehicles have combined value of €940 million
Arsenal sign Southampton defender Cedric Soares on loan
Arsenal announced the signing of Portugal defender Cedric Soares on loan from Southampton until the end of the season on Friday.
Xbox One bundle deals offer Black Friday prices with discounts across all models
Pick up a cheap Xbox One S or X from just $149 this week as Walmart and Amazon return to Black Friday prices.
GE2020: Fianna Fáil's Byrne claims SF tax plans 'will cost jobs in Louth'
Fianna Fáil Councillor James Byrne slates Sinn Féin tax plans
Celtic looking to sign Tottenham Hotspur midfielder Victor Wanyama on loan?
Celtic are reportedly in negotiations with Tottenham Hotspur regarding a loan deal for midfielder Victor Wanyama.
Carrasco returns to Atletico on loan from Dalian Yifang
Atletico Madrid have signed Yannick Carrasco from Chinese side Dalian Yifang on loan until the end of the season, the Spanish club confirmed on Friday.
Cut in housing prices can clean up banks' balance sheets: Economic Survey
Pitching for correction in property prices, the survey said that housing prices are ruling at a high level, even as the growth in rates has been muted since 2015-16
Amazon's Q4 revenue takes a 300 bps hit due to Diwali timing, Japanese tax
Firms says large part of impact was felt as Diwali season moved more into third quarter, boosting Q3 sales at the cost of Q4
A Much Better Alternative To Dollar-Cost Averaging
Warren Buffett himself seems to like the dollar-cost average approach to investing in stocks, but I am skeptical.Today, I test a simple alternative to DCA that has produced higher absolute returns and
The EMI waiver is here
In these difficult times for real estate and home loan segment, banks and housing finance companies (HFIs) have found a new method to attract borrowers – home loans with EMI waivers. It does not mean
Gold futures fall Rs 319 to Rs 40,656 per 10 gm
Gold prices on Friday fell by Rs 319 to Rs 40,656 per 10 gram in futures trade as participants cut down their positions in line with a weak trend overseas. On the Multi Commodity Exchange, gold
Acrelec announces $223 million investment from Glory to expand in-store quick service solutions
Acrelec, the global leader in customer experience technology for “quick service” restaurants and retailers, has announced plans for a $223 million investment by Glory Global Solutions. The funding is subject to review by Acrelec’s employee representatives and certain competition authorities. Acrelec has developed kiosks, drive-through and self-checkouts for many of the world’s best-known restaurants and […]
Electricity consumers to pay more for prepaid meters
Electricity Consumers will have to pay more for prepaid meters as the hike in FG's Value Added Tax, VAT, from 5 to 7.5 per cent, begins in ...
Coronavirus Isolates China as Countries Shut Borders, Issue Travel Warnings
Death toll stands at 213 and a 2% mortality rate, but outbreak could have global financial ramifications due to supply chain disruptions
The Tax Break the IRS Is Begging You to Take
Millions of taxpayers are eligible but choose not to claim the thousands of dollars this tax credit offers.
Property where Johnny Cash, June Carter Cash once lived sold
HENDERSONVILLE, Tenn. — The lakefront property in Tennessee where Johnny and June Carter Cash lived for more than 30 years has been sold for $3.2 million.The Hendersonville Standard first reported . . .
Six Deals You Need To Know About In Australia Today
Everyone loves a good deal and no one understands that better than the writers here at Lifehacker. To get you started today, here are some online sales worth emptying your digital wallets for, including cheap laptops, electric scooters, portable aircons and more....
7.3% Yield, Monthly Pay Opportunity From HFRO
Most fixed income products are getting expensive, including preferred stocks and bonds.Yet we keep finding nice opportunities for fixed income investors.HFRO has traded flat recently while most fixed
1.7 million road users to benefit from 18pc discount for PLUS toll charges
KUALA LUMPUR, Jan 31 — A total of 1.7 million road users will benefit from the 18 per cent savings in their toll rates, at all PLUS-operated highways nationwide, from the stroke of midnight tomorrow. The toll reduction will cover all Passenger Vehicles (Class 1), Taxis (Class 4) and Buses (Class...
Kevin Greenard: Decline in the value of your cash savings
The average life expectancy for females and males in Canada is 84 and 80, respectively. Many people are living well into their 90’s, resulting in many retirees having to update financial plans . . .
Arsenal sign Southampton defender Cedric Soares on loan
Arsenal announced the signing of Portugal defender Cedric Soares on loan from Southampton until the end of the season on Friday.
Budget 2020: James Wilson, the man who brought budget, income tax to India
Budget 2020: When James Wilson introduced the Income Tax, the act severely impacted the mood of the businesses as well as the feudal lords
ING the second Netherlands bank to turn to negative savings interest
Banking institution ING has become the second bank in the Netherlands to charge a negative interest rate on certain savings accounts. Customers will face a -0.50 percent interest rate for any amount
Use big data, AI to detect fraud at PSU banks
Economic Survey proposes setting up of a PSB Network to enable banks to take more informed decisions on credit underwriting.Banking sector must scale up in tandem with the size of the Indian economy to support growth and development, says the Survey
Canadian billionaire Lawrence Stroll leads group buying stake in Aston Martin
Stroll will become the iconic car company’s executive chairman; consortium, which also includes André Desmarais, will initially buy a 16.7 per cent interest with plans to raise that to 20 per cent
SBI profits zooms 41% to ₹5,583 crore in Q3
State Bank of India, on Friday, reported a robust 41 per cent jump in net profit at ₹5,583 crore in the third quarter ended December 31, 2019, along with an improvement in asset quality. The bank sa
Indonesia: Year in review 2019
Indonesia recorded year-on-year (yoy) growth of 5.02 percent in the third quarter of 2019, slightly down on earlier projections of 5.1 percent, as well as on second quarter levels of 5.05 percent yoy. This figure was the lowest rate of growth since mid-2017, as investment, household spending and government spending all saw subdued growth.
More countries publishing ecosystem accounts, considering environment in economic decisions
New research shows that an increasing number of countries are publishing ecosystem accounts, helping to embed nature in economic and financial decisions.
World Bank calls for stronger tax collection to bring 115 million Indonesians into middle class
World Bank acting country director for Indonesia Rolande Pryce said the government’s plan to relax corporate income tax, among other things, would reduce the tax-to-GDP ratio by 0.5 percent. Indonesia’s tax to GDP ratio stands at 10.7 percent in 2017, the lowest among regional peers.
Economic Survey 2020 explains why the rich are good for economy
Economic Survey 2020: Survey says wealth created by entrepreneurs correlate strongly with wealth created by employees, and that greater wealth creation in a market economy enhances welfare for all
Airtel Announces Best Data Prices to Woo More Customers
Airtel Kenya is back with a brand new offer that could give its rivals a run for their money...
As Trade Tensions Ebb and Chip Prices Recover MU Stock Is a Buy
After being battered by market forces and a trade war for over a year, Micron is positioned for growth, and that should propel MU stock.
Retirement complex planned for Eagle Way site in Martlesham Heath
Developers McCarthy and Stone are planning to build new retirement apartments next to a doctor's surgery on the outskirts of Ipswich.
Infor strikes cost-saving partnership with Wellington-Altus
The partnership is a return to a full-service approach that’s worked in the past for founders of both Wellington-Altus and Infor, who came from large investment banks with significant wealth-management divisions
How major US stock indexes fared Friday
Stocks fell sharply on Wall Street Friday as investors feared that a virus outbreak that originated in China will dent the global economy. Technology companies, which do a lot of business with China, led the losses. Airlines fell after Delta and American suspended flights to and from China. The sell-off erased the S&P 500’s gains …
Market LIVE: Sensex, Nifty subdued as Economic Survey throws fiscal, economic challenge for government
Around 3.15 PM, S&P BSE Sensex was trading 0.51 per cent or 209 points lower at 40,703.84 while broader Nifty 50 index breached the crucial 12,000-mark and was ruling at 11,955 points
Mobile money transactions now at 721 million – Techjaja
Uganda’s mobile financial sector has been growing with increasing number of mobile money subscribers ever since its inception. Uganda Com
House Prices, Rent Dip In Nairobi As Landlords Become Less Demanding
House prices and rents in Nairobi dropped marginally for the year 2019, a new study by realtor HassConsult has revealed.According to the study, rents dipped by 2.1 per cent in Nairobi while those
5 things about India you probably didn't know before Friday's Economic Survey
The Survey highlighted that there are quite a few signals that the Indian economy may have bottomed out.
Tax rule changes mean millions of people will get an extra £104 a year from April
31 million people will see some extra cash in their accounts
How to remove a big obstacle to buying a house: debt
It’s not impossible to buy a house if you’re in debt, it’s just more challenging. Here are some steps to take.
QFMA to further boost Qatari capital market: CEO
The Qatar Financial Markets Authority (QFMA) is working to further improve the performance of Qatar’s capital market, which has previously been ranked among top 10 financial markets in the world in various indicators related to measuring capital market performance.
Megallan Midstream reports weaker net income for fourth quarter, year over year
TULSA — Market-to-market commodity-related adjustments pushed Magellan Midstream Partners’ net income lower in the final quarter of 2019, the company reported on Thursday. Before markets opened, the company reported it earned a fourth-quarter net income of $286.4 million, or $1.25 per unit, on total revenues of about $740.7 million. In the fourth quarter of 2018, it had earned a net income of $314.1 million, or $1.38 per unit, on total revenues of about $865.7 million. Company officials said Magellan’s distributable cash flow for the fourth quarter of 2019 was a record $357.8 million, compared to $302.4 million the same period the previous year. As for the full year, Magellan reported a net income of about
'Old Slogans and Old Cliches': India's Ex-Finance Minister Slams Gov't Approach to Economic Slide
New Delhi (Sputnik): The Indian economy's growth rate witnessed a six-year low in the second quarter (July-September) of 2019; the Reserve Bank of India has cut the year's growth projection to 5 percent from the 6.1 percent projected in October 2019.
Economic Survey launches 'Health Score' to detect liquidity issues in NBFCs
A sudden payment default without any prior warning by Infrastructure Leasing and Financial Services (IL&FS) in August 2018 had triggered panic and caused liquidity crisis in the NBFC sector
Need to address key challenges in farm sector for doubling farmers' income: Survey
Issues such as investment in agriculture, water conservation, improved yields through better farming practices, access to market, availability of institutional credit, increasing the linkages between agricultural and non-agricultural sectors need urgent attention, it said.
Millennials Aren’t Spending All Their Money on Avocado Toast, Actually
They are burdened by student loans, but new data shows they have saved more for retirement than Gen Xers did at the same age.
Economic Survey: Need to address challenges in farm sector to double income
The food processing sector is growing at an average annual growth rate of more than 5 per cent over the last six years ended 2017-18, it added
U.S. could face difficulties sanctioning Danske over money-laundering: report
COPENHAGEN (Reuters) - U.S. authorities could face difficulties fining Danske Bank (DANSKE.CO) over its involvement in suspected money-laundering in Estonia, according to a report by S&P Global Market Intelligence.
Legoland Discovery Centre is offering free entry in Birmingham - if you do a specific job
Next week from 3February, fire emergency service workers can receive free entry at Legoland Discovery Centre Birmingham for the duration of its Lego City: Report for Duty event
SBI profit jumps 41 per cent to Rs 6,797 crore in Q3 on lower provisioning
On a standalone basis, SBI's net profit jumped 41.2 per cent to Rs 5,583.36 crore in the third quarter of the current fiscal compared to Rs 3,954.81 crore during the corresponding October-December period in the same period a year ago.
Americans spent at slowest pace in 3 years in 2019, threatening powerhouse of US economy
Consumer spending is closely watched because it drives about two-thirds of gross domestic product. But there are signs that households are start...
Nigerians to pay more for data, calls as telcos apply new VAT
The Association of Licensed Telecommunications Operators of Nigeria (ALTONS) said it will start implementing the country's new 7.5% Value Added Tax (VAT) increase from Saturday, February 1 2020.
Kogan's Back With Their NBN 100 Unlimited Bargains
Australia's internet is famously expensive as all hell, so why pay more for NBN 100 than you have to? That's Kogan's argument, and they're back today with one of the most affordable NBN 100 deals around....
Kuswag Skool rugby tour cancelled
The news came as a blow to the learners after they were unable to raise the money that was required in a limited time period.
Consumers relatively upbeat in latest confidence index
Low interest rates and a stronger housing market are keeping consumers relatively buoyant. The ANZ-Roy Morgan Consumer Confidence Index was unchanged at 123 in January, sitting around its best level in more than a year. Consumers were slightly less optimistic about their current position but are slightly more upbeat about the longer term, and more think it's a good time to buy a big-ticket item. "New Zealand consumers are feeling pretty alright about things at the moment - the labour market remains tight, interest rates are low and the housing market is lifting again," ANZ's chief economist Sharon Zollner said. She said the lift in the housing market was likely behind the rise in those thinking its a good time to buy a major household item, which in turn would support the retail sector.
Credit rating agency S&P expected to keep Turkey's outlook unchanged
The U.S.-based international credit rating agency Standard & Poor's S&P is expected to keep Turkey's credit ratings and the overall outlook...
Agricultural Commodities May Be Misreading The Coronavirus
Agricultural commodities are selling off due to poorer-than-expected import quotas regarding the U.S-China trade deal.China and India have skyrocketing food prices that will likely only accelerate hig
Bitcoin Will Be $8 Trillion Economy by 2030, Top Wealth Manager Explains Why
Bitcoin could become an $8 trillion asset by 2030, according to Andy Edstrom of California-based WESCAP Group. The wealth manager said the cryptocurrency
Fidelity Bank reports a 28.5% increase in profit for FY 2019
Earlier today, Fidelity Bank Plc announced its unaudited financial reports for the period ended December 31st, 2019.
Ferry contract awarded to Polish shipbuilder that built Salish-class vessels
B.C. Ferries has awarded Remontowa Shipbuilding of Gdansk, Poland, a $92.3-million contract to build an additional liquefied natural gas-fuelled ferry to be delivered in 2022.The new vessel, which . . .
Rugby union among worst offenders in gender prize money gap according to study
The winners of the men's Six Nations will receive £5million in prize money while the women's winners get nothing, an equality survey reports.
The best free iPad games in 2020
So you've got an iPad and you have no cash left to buy any games. Have no fear, because plenty are free.
Budget 2020: The inclusive growth of the country
Sunil Khosla Head Digital Business, India Transact Services Limited "Considering the current ecosystem in the country, the annual financial budget 2020 is much awaited and expected to relieve most of the financial segments."
Economic Survey: Wilful defaulters owe Rs 1.4 trillion to lenders
The Economic Survey, tabled in the parliament on Friday, has revealed that the wilful defaulters owe a whopping sum Rs 1.4 lakh crore. As of 2018, wilful defaulters owed their respective lenders
This US-based startup helps acquire new skills at affordable prices; check details
With offices in Bengaluru and the US, Springboard has got 15,000 students in over 100 countries around the globe, of which 80 per cent are in the US
Non-food credit growth slides to 7% in Dec 19 from 12.8% a year ago
All four categories - agriculture, industry, services and retail - segments showed deceleration in credit growth
Builder kicked 60-year-old friend to death in row over £30 debt
A builder attacked his friend on Hoe Street in Walthamstow, London after he refused to pay £20 of his £30 debt
Steel & Tube expecting large first half loss
One of the the country's largest steel manufacturers says adverse trading conditions will result in a large first half loss. Steel & Tube warned in November that its first half result would be less than last year's profit, but conditions were worse than expected, further impacting sales revenue and volumes. It was now forecasting a loss in underlying EBIT (earnings before interest and tax) of between $36 million and $37m in the six months to December, compared with a $9.8m underlying profit the year earlier. The result included non-cash charges of $37m related to a write-down in the company's goodwill, as well as $2m in restructuring costs and $2m in debt write-offs. The bottom line would be further affected by another $2m to $3m charge resulting from changes in tax accounting.
Explained: What is Economic Survey’s strategy for boosting wealth creation?
Economic Survey reiterates PM Narendra Modi's call for increasing “wealth creators” in the economy.
Buy Now, Pay Later Platform Klarna Launches In Australia, Takes Swipe At Afterpay
There's another service that lets you buy products and pay for them later. Klarna launched on Thursday in Australia in partnership with the Commonwealth Bank – and it's not shy in telling retailers why they should adopt it rather than Afterpay....
Corporate tax cut to mostly benefit less than 1 pc of companies: Survey
The corporate tax cut announced by FM last Sept will benefit less than 1 pc of firms, as per Economic Survey.
China banks borrow from SARS playbook in preparation for market reopening
SHANGHAI: Chinese financial firms will deploy measures used during the SARS outbreak nearly two decades ago to combat the new virus when markets ...
A little-known trucking company surges nearly 58% after Volkswagen makes a surprise offer to buy
Hardly a household name, truck manufacturer Navistar’s stock rose to sudden popularity Thursday, continuing into Friday’s pre-market trading. Shares surged as much as 57.7% Friday after Volkswagen’s trucking arm, Traton, made an unsolicited offer to buy the company for $US2.9 billion, or $US35 per share, Thursday. Volkswagen, which already owns a 16.76% stake in Navistar, said it would pay entirely in cash. The two companies are some of the biggest in the truck-making industry. But to make the acquisition, Volkswagen will have to get the blessing of activist investor Carl Icahn: The billionaire’s fund owns about 17% of Navistar’s outstanding stock, making Icahn Navistar’s single largest shareholder. The offer comes at a time when the broader trucking manufacturing industry is in a slump, with new orders in decline, The Wall Street Journal previously reported. In its most recent earnings, Navistar’s fourth quarter revenue declined versus the year prior. The stock started the year sliding downwards after it trailed…
‘We apologize for this failure.’ A judge said a couple missed a chance at a $7,000 tax refund — but now he says they deserved it
The court-ordered refund caps the couple’s four-year quest for the money.
Zombies and Bears Beware, BABA Stock Will Defeat You!
Waiting on a healthier pullback in BABA stock is advised in order to avoid the headlines ailing today’s market.
Lexus ES prices down by Rs 8.05 lakh
Lexus has begun local assembly in India, which has led to prices of the ES sedan to drop. Click here for all the details.
Alleged Forgery: Court admits publisher to N2m bail
An Ikeja Special Offence Court on Friday granted a N2 million bail the publisher of The Interview magazine, Azubuike Ishiekwene, accused of forgery by the Economic and Financial Crimes Commission (EFCC).
Lipper U.S. Weekly FundFlows Insight Report: Funds Suffer Net Outflows For The First Week In Six
Money market funds suffered net outflows of $11.6 billion.Fixed income funds took in $6.1 billion of net new money.Equity funds had net negative flows of $6.6 billion.
Tauranga hospo investment and redevelopment site up for auction - Colliers
An investment property at the heart of Tauranga’s waterfront hospitality district and a CBD fringe redevelopment opportunity will go under the hammer next month.
Delta's credit card revamp makes its cards better than ever, and you can earn up to 100,000 miles with the current welcome bonuses — but only until April 1, Business Insider - Business Insider Singapore
Business Insider - Delta revamped its lineup of co-branded Amex credit cards, and you can currently earn up to 100,000 miles with the limited-time welcome bonuses.. Read more at businessinsider.sg
Economic Survey's GDP growth forecast for FY20 wide off projection
It is for the second consecutive time that NSO's GDP estimate is significantly lower than the projection made in the survey prepared by the finance ministry
Vedanta Q3 PBT at Rs 3,806 cr, up 9.4% on lower costs, exceptional gain
Sales down 10% to Rs 21,126 cr mainly due to lower commodity prices, muted volumes in zinc, oil & gas and copper
85% of Older Adults Are Setting Themselves Up to Fail in Retirement
Retirement could be a challenging time for the majority of older Americans -- but it is possible to change course.
Deep Dive: Giving ATMs Next-Gen Upgrades For Security, Cardless Functionality And More
This Deep Dive examines how next-generation ATMs are boosting customers' experiences and helping brick-and-mortar financial institutions (FIs) remain current.
Realtors expect debt restructuring up to Rs 1 trn, tax sops for homebuyers
He said loans up to Rs 1 trillion are required to be restructured in view of liquidity crunch faced by builders
Celtic 'rekindle interest' in £15m former Liverpool attacker
Celtic are looking to try and sign Jordon Ibe on loan before the end of the transfer window, according to The Athletic.
Someone Talk Me Out of Spending $900 on Some Keyboard Caps
I need your help. When I get anxious, I like to buy things. I’ve been good about it for the last few years. I buy a couch—because I need a couch. Or I buy a new computer case because my old one is too big for the space where I’m putting the computer. Sometimes, I’ll blow money on a much pricier and more useless item. Keycaps. I love to spend more money than I should on the caps that go on a keyboard, and right now there’s a set of keycaps I would very much like to own.
US consumer spending cooled last month, core prices picked up
Income growth in the US slowed to 0.2%.
UN warns world may pay ‘terrible price’ if it fails Sudan
A top UN official has warned that the international community would "pay a terrible price" if it fails to help rebuild Sudan's dilapidated economy as the African country transitions to civilian rule.
Economic Survey 2020: How privatisation helps CPSEs unlock growth potential
Economic Survey 2020: The analysis showed that these privatised CPSEs, on an average, perform better post privatisation than their peers in terms of their net worth, net profit, return on assets
Lyft Stock Is An Intriguing Trade for Market Bulls Ahead of Earnings
The long-term debate over Lyft won't be resolved by a single quarterly report, but a risk-loving market could bid LYFT stock up next month.
Taiwan revokes Far Eastern Air Transport’s operating license
Compensation arrangement for ticket holders will be worked out early February.The Ministry of Transportation announced Friday (Jan. 31) it was revoking the operating license for Far Eastern Air Transport (FAT), the airline which suspended its flights last December 13 amid financial troubles.
Economic Survey 2020: Why wealth creation was picked as this year's theme
Economic Survey 2019-20: Elaborating on India's historical dominance on the global economy, the survey stressed on the importance of bringing an openness in the market that leads to wealth creation
Celtic ‘in talks with Tottenham’ over loan move for Victor Wanyama
CELTIC are now in talks with Tottenham over a loan move for Victor Wanyama, according to reports from down south. Reports earlier claimed that the Hoops could land their former player in a shock &#…
Arsenal sign Southampton defender Cedric Soares on loan
Arsenal announced the signing of Portugal defender Cedric Soares on loan from Southampton until the end of the season on Friday.
Study finds rugby union among worst offenders in gender prize money gap
The winners of the men’s Six Nations will receive £5million in prize money while the women’s winners get nothing, an equality survey reports.
Study finds rugby union among worst offenders in gender prize money gap
The winners of the men’s Six Nations will receive £5million in prize money while the women’s winners get nothing, an equality survey reports.
4 Things Investors Must Consider Before Buying Aurora Cannabis
Aurora stock is currently one of the worst-performing Canadian cannabis companies. Here are a few things to know before investing.
American optimism toward economy surges to 9-month high as job market hums
American households were more optimistic about the economy this month. The University of Michigan said its index of consumer sentiment jumped to...
Central Bank Digital Currency (CBDC) Is Becoming a Big Topic in Asia
An official at Japan's central bank has signaled a willingness to embrace a digital yen & Cambodia is pushing ahead with it's own blockchain-powered currency
Top headlines: Eco Survey 2019-20, Wipro's Abidali Neemuchwala steps down
Economic Survey for 2019-20 was tabled in Parliament on Friday and projected the country's gross domestic product (GDP) to grow between 6 - 6.5 per cent in financial 2020-21 (FY21)
Sales of over 1.7k listed manufacturing firms contracted by 7.7 per cent in Q2: Survey
The Survey, tabled in Parliament on Friday by Finance Minister Nirmala Sitharaman said demand conditions for the manufacturing sector weakened in September quarter of 2019-20 with a contraction in nominal sales, citing RBI studies on corporate performance.
Eco Survey flags 'disproportionate dwarfism' of Indian banks, calls upon PSBs to become efficient
Flagging 'disproportionate dwarfism' of banks, Economic Survey called upon PSBs to become efficient.
Economic Survey: Sales of over 1.7k mfg firms contracted by 7.7% in Q2
Net profit for the manufacturing sector contracted in Q1 (June quarter) of 2019-20, mainly due to a production slowdown, it added
Two men arrested suspected of extorting builders in Limerick city
Gardaí received a report of men demanding money in return for minding the building site in the evenings.
Govt must support pro-business policies to be a $5-trn economy: Eco Survey
The survey said the exponential rise in India's GDP and GDP per capita post liberalisation coincides with wealth generation in the stock market
Economic Survey 2019-20: Competition, low tariffs led to financial stress in telecom sector
The data price in the country came down by over 99% during 2016-2019, making it among the lowest tariff in the world, according to the survey.
Arsenal sign Cédric Soares on loan until end of season
Arsenal have completed their second January signing with the addition of Cédric Soares, the Southampton right-back, on loan until the end of the season
Warren Buffett's $4.6 million crypto lunch was eBay's priciest purchase in 2019. It still hasn't happened.
Tron chief Justin Sun bought the charity meal with Berkshire Hathaway's boss but bailed at the last minute, sparking conspiracies.
‘Need For Wealth Creation’: Lessons From Thirukkural, Arthashastra And Ten New Ideas In Economic Survey 2020
‘Since the wealth cannot be distributed unless created, the wealth creators are India’s wealth’
How to improve crop insurance coverage
The Pradhan Mantri Fasal Bima Yojana must undergo a cost-benefit audit and be updated to allow for income stabilisation for farmers
Fintech Become Tops $200 Million in Loans Matched between Online Lenders and SMEs
Become, formerly known as Lending Express, has surpassed $200 million in matching online lending to SMEs in need of growth capital. The news was revealed in a r
Haaland: Dortmund paid Father 10m euros to secure signing
Borussia Dortmund's signing of Erling Haaland is set to cost them a lot more than the 20 million euros stated by the club.
Lebanese bonds tumble as uncertainty increases
"Lebanese debt is currently trading at a large discount and investors have already priced in a restructuring," Saeb El Zein, a financial markets expert told Annahar.
The best BlackBerry KEYone deals and prices in February 2020
The BlackBerry KEYone marks a long awaited return to form - we'll help you find the cheapest prices and deals around.
Manage buy-to-rent risks
The current buyers’ market offers a good opportunity for investors looking for properties to rent out, especially with the prospect of a potential rental-growth recovery in the latter part of 2020.
Crypto Tax in 2020: A Comprehensive Guide
Paying crypto taxes is becoming increasingly difficult in 2020, as government tax authorities around the world continue to change their minds on how
What could change in this year’s budget?
Each year the Union Budget is watched keenly and the salaried middle class hope for relief from income tax. Furquan Moharkan takes a look at five things that Finance Minister Nirmala Sitharaman could change in this year’s budget.
NCT tests resume at six centres as lift checks continue
The National Car Testing Service says car underbody inspections using lifts have recommenced at six centres across the country, but on a restricted basis.
Report: Sampdoria in talks with Juan Foyth as Tottenham reportedly agree loan deal
Tottenham have reportedly agreed to loan out their defender Juan Foyth to Italian top-flight club Sampdoria. According to Il Secolo XIX, Spurs have reached an agreement with the Serie A side to loan them the 22-year-old for the rest of the season. It is understood that the centre-back is now in discussions about a potential […]Tottenham have reportedly agreed to loan defender Juan Foyth to Sampdoria, with perosnal talks now underway.
Crisis-hit Thyssenkrupp mulls sale of elevators units worth 15 billion euro
According to the Financial Times, Thyssenkrupp has attracted at least four bids for its crown jewel, including from Finnish lift maker Kone
10 of the most overpriced items at airports you should never buy
Every frequent flyer knows that when it comes to the airport, it’s best to keep your wallet safely tucked away in order to avoid overspending.
How to cancel Spotify Premium
If you want your three-month free trial of Spotify Premium without paying a penny, here's how to cancel your subscription before you get charged.
HUL to increase soap prices by 5-6 pc
According to HUL Chief Financial Officer Srinivas Phatak, prices of palm oil in the last six months have gone up by 25 to 30 per cent. "We would take the prices up in the soap part of our portfolio. We would be looking to price up between 5 to 6 per cent and they would come in a phased manner," Phatak said in a post-earnings conference call.
Probability of Brighton signing striker is ‘very weak’ – Player ‘doesn’t urgently want to leave’
Despite insistence from members of the English media that Serhou Guirassy was on his way to Brighton & Hove Albion, the stance from France is quite different. The 23-year-old is said to have received a number of offers from England over the past few days, including one from Aston Villa on a loan with a
For $10 fee, startup offers unlimited calls and texts
A San Francisco startup may have the solution parents have been seeking for years. Free phone service—without an expensive monthly contract.
Earn up to 100,000 miles on these new limited-time offers from Delta
Delta has just launched a new limited-time offer on four of its consumer credit cards that can earn flyers up to 100,000 miles.
'Feel good' Budget may see cut in tax rate, sops for social sectors
To cushion the impact on collections, these tweaks might be accompanied by rationalisation in tax rebates
3M Company: Buy The Crisis, Collect The Dividends, And Sell The Turnaround
3M is absorbing substantial restructuring costs and just announced 1,500 layoffs.The market's reaction to recent news is not totally unjustified, but we are not so easily swayed. Stoic investing is we
Gallup: Credit Unions Feel The Love
The notion that credit unions (CUs) play country mouse to their more worldly banking cousins is beyond flawed, as a recent poll by the Gallup organization showed. Delving into customer sentiments across measures – including "helps me reach my financial goals" and "puts my financial well-being ahead of the interests of the bank" – Gallup found that credit unions are crushing it. Banks, not nearly as much. Banks did not surpass credit unions in any criterion used by Gallup. In fact, it wasn't even close. Though respondents had generally positive feelings about banks – for example, about financial institutions (FIs) being helpful during difficult life events – the focus on relationship-building and more personalized forms of finance have given credit unions the edge. For those who capitalize on it, the advantage will come in handy as FIs shapeshift their way to greater customer-centricity. How CUs sustain their unique brand of customer loyalty is among the core insights from the latest
US: Income growth is not what it used to be – Wells Fargo
Data released on Friday in the US showed that personal income rose 0.2% and spending 0.3% in December. Despite a tight labor market, year-over-year re
Aston Villa defender Chester seals Championship loan switch
James Chester has completed his move from Aston Villa to Stoke City on loan until the end of the season.
Denmark’s Smart Payment Card Issuer Pleo Introduces New Credit Card by Partnering with Mastercard, JPMorgan
Denmark-headquartered Pleo, a smart payment card issuer, has confirmed that it’s introducing a new credit card by teaming up with Mastercard and J.P. Morgan,
Nordea Appoints Virgin Money’s Ian Smith As New CFO & Head of Group Finance
Finland-based banking group Nordea Bank announced on Thursday it has appointed Virgin Money's CFO Ian Smith as its new CFO and Head of Group Finance. According to Nordea, Smith has an extensive background in the financial services sector in the UK and has held senior positions as a banking audit partner and later as Financial Services M&A leader at Deloitte. He also previously served as Director of Group Finance at Lloyds Banking Group plc and
Americans spent at slowest pace in 3 years in 2019, threatening powerhouse of US economy
American shoppers continued to serve as the engine of the US economy through volatile times last year, fuelling growth even as a global cooldown and trade tensions clouded the outlook. But there are signs that households are starting to pull back on spending.
US: UoM Consumer Confidence rose to 99.8 in January from 99.3 in December
The University of Michigan's Survey of Consumers revealed that the Index of Consumer Sentiment in January improved to 99.8 from 99.3 in December. This
How to file and pay your taxes online
Pay your taxes and get your refund asap
Coca-Cola Is the Most Conservative Investment You Can Make
Coca-Cola stock was a star in the January market, but don't be fooled. This is a slow-growing dividend aristocrat.
Three arrests as €1.6m worth of drugs seized by gardaí
Three people have been arrested in connection with the seizure of more than €1.6 million worth of heroin and cocaine, as well as €700,000 in cash, during a number of searches in the Leinster area.
7 Large-Cap Stocks to Buy For Insulation From Volatility
Recent market volatility on the back of coronavirus fears makes this a good time stock up on quality stocks with long-term stability.
U.S. consumer, factory data suggest economy losing momentum
WASHINGTON (Reuters - U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping business investment likely set the economy on a slower growth path this year.
Canada: GDP bounced back in November – NFB
According to a report released on Friday, Canada’s real GDP rose 0.1% in November and 1.5% compared to a year earlier. Krishen Rangasamy, analyst at t
Eurozone economic growth in 2019 was slowest in 6 years
Jan. 31 (UPI) -- Economic growth last year for the eurozone was the lowest it's been in six years, mainly hampered by slowdowns in France and Italy, the European Commission said Friday.
Angelino: Manchester City left-back seals RB Leipzig loan
RB Leipzig have signed Angelino on loan from Manchester City until the end of the season, with an option to buy the full-back for £25m in the summer.
Mum 'just numb' after £190,000 postcode lottery win as Scots islanders hit £3m jackpot
Pamela Macaskill and her neighbour Sharon MacKillop both bagged a six-figure sum while 99 other residents of North Uist and Berneray got cheques ranging from £21,425 to £64,275.
‘Hitches have arisen’ in Wigan starlet’s surprise move – Two clubs squabbling over ‘payment methods’
Perhaps one of the more surprising transfers being talked about on Friday, Antonee Robinson’s move from Wigan to Milan seemed to be going smoothly until late on Friday. Arriving in Italy to undergo his medical ahead of the loan move with an option to buy, the 22-year-old is meant to be the replacement for Ricardo
Bury in liquidation danger as owner Dale fails to pay any money to creditors
Bury’s owner, Steve Dale, has failed to provide any of the money he pledged last summer towards paying the club’s debts via a company voluntary arrangement, creditors have been told
Corvette Stingray C8 Customers Won't Get The Car They Ordered
The last thing you want to hear after you've taken the time to configure and order your perfect supercar is...
Man City allow Angelino to leave on loan transfer to RB Leipzig
Manchester City defender Angelino only returned to the Etihad six months ago - but he is on the move again as he seals a loan transfer to RB Leipzig
Broadridge Financial Solutions, Inc. (BR) CEO Tim Gokey on Q2 2020 Results - Earnings Call Transcript
Broadridge Financial Solutions, Inc. (NYSE:BR) Q2 2020 Earnings Conference Call January 31, 2020 08:30 AM ET Company Participants Edings Thibault - Head of Investor Relations Tim Gokey - Chief Executi
Financial Institutions, Inc. (FISI) CEO Marty Birmingham on Q4 2019 Results - Earnings Call Transcript
Financial Institutions, Inc. (NASDAQ:FISI) Q4 2019 Results Conference Call January 31, 2020 08:30 AM ET Company Participants Shelly Doran - Director, Investor and External Relations, EVP and General C
Beavercreek drivers to pay tax increase for street work
Next year, Beavercreek drivers will pay a $5 increase when registering or renewing their motor vehicle licenses.
VC Deals: AbbVie Joins $50M For Inflammatory Disease Treatments
Welcome to Seeking Alpha’s Venture Capital Deals of the Week. Follow this account and turn on the e-mail alert to receive VCDeals in your inbox on Friday afternoons. AbbVie Ventures (NYSE:ABBV) partic
Lyft Has 99 Problems, But This Ain't One
Lyft has several problems today, but low barriers to entry might not be one of them.Each price cut by Lyft increases the cost of entering its industry because Lyft's own prices are the cap on payments
Recession fears and how to combat them in 2020
The fear of not being able to pay for necessities is likely tied to the fear of an increased cost of living, so cutting your ongoing monthly spending is a good place to start.
Man City allow Angelino to leave on loan transfer to RB Leipzig
Manchester City defender Angelino only returned to the Etihad six months ago - but he is on the move again as he seals a loan transfer to RB Leipzig
A warning about 'ghost' tax preparers
It's tax season, and who you choose to file your taxes matter. The IRS issued this warning about unethical ghost tax preparers.
Southwest flew millions of passengers on planes that were missing maintenance records, according to a new report
More than 17 million passengers flew on planes that were missing required documentation over roughly two years, the report claims.
Letter of the Day: Income guarantees save money, lives
A guaranteed livable income gives everyone the ability to afford a place to live and purchase adequate groceries, writes Maria Rose Lewans.
Rs 7,000 crore worth of transactions hit due to bank strike in Tamil Nadu
All India Bank Employees Association (AIBEA) general secretary CH Venkatachalam told Express that nine lakh cheques worth Rs 7,000 crore in the state could not be processed due to the bank strike.
Auto industry slowdown temporary: Economic Survey
The survey said that the “temporary auto slowdown may be attributable to certain other reasons such as lack of credit, base effect (as in last few years auto sector has grown rapidly), and structural changes like adoption of newer fuel standards from BS-IV to BS-VI from April 20 etc.”
Car insurance fraudster bought vehicles and then lied they'd been stolen
Louis King was set to pocket £100,000 in 'deceitful' scam. He was caught but avoided jail
Outflows lead to restrictions on Aviva property funds
Investors in two Aviva Life and Pensions commercial property funds have been told they cannot withdraw their money for six months because of recent net outflows.
Here are a few nuggets from Economic Survey in order to prevent frauds
Financial services exports have remained stagnant, averaging about $5 billion in recent years
State taxes: Which are the most tax-friendly states for the wealthy?
Here is a list of 17 investments and strategies to help lower your taxes.
Man ordered to pay £4,500 after car caught fly-tipping on hidden cameras
A man has been ordered to pay more than £4,500 after hidden cameras twice caught his car being involved in fly-tipping.
When It Comes To Cannabis Plays, Stay Away From Aurora Stock
Without a clear strategic plan to lower Aurora Cannabis's debt pile, a bet on Aurora stock would be nothing more than a gamble.
Verizon outages impact much of North Carolina
According to outage maps on Down Detector, there are widespread service outages for Verizon customers. Some US Cellular customers appear to be experiencing an outage as well.
Uptick in retail prices in FY20 mainly on veggies, pulses: Economic Survey
Consumer price inflation has been witnessing moderation since 2014, however, there has been an "uptick" in the prices of food items, particularly vegetables, owing to output disruptions and low base
How Political Changes Could Impact Walmart Stock
With a high forward P/E, Walmart stock is priced for perfection. Watch out for political changes this year, which may impact shares.
Talent scouts to rescue football clubs from debt with technology
Football clubs can curb their financial woes by discovering new talent. Scoutium provides qualified talent scout feedback on 90-minute infrastructure matches, enabling clubs to generate revenue with the new faces they discover
Wealthy are to be offered huge tax breaks by Uruguay’s new president to lure them to the country’s coastal resorts and help boost the economy as other South American countries crumble
Luis Lacalle Pou says he wants to offer residency to up to 200,000 by slashing the minimum amount of property foreigners need to buy to qualify.
The New Way of Investing That’s Making Airbnb Hosts a Fortune
Presented by T1 In the past, there has really only been one mainstream way of making money from the investment in…
ESM Goh says Singaporeans need to be wary of and pay heed to POFMA
ESM Goh says Singaporeans need to be wary of and pay heed to POFMA
You can buy a flight from Hong Kong to New York for $201. The catch? You have to stop in Wuhan for 6 hours.
A Chinese airline is offering travellers a rare deal – a flight from Hong Kong to New York for $US200.
Pensioner demands R37K refund after builder 'ran away with money'
A Lotus River pensioner is demanding her money back after a builder allegedly “ran away” with her money.
MG Hector BS6 petrol priced from Rs 12.74 lakh
Move to BS6 sees prices hiked by about Rs 26,000 across all MG Hector petrol variants. Click for more details.
4pm Transfer news LIVE: Cedric Soares and Zivkovic DONE DEALS, Bale move off, Giroud and King bids on Deadline Day
THE January transfer deadline is TONIGHT with many potential deals still to be done. Arsenal have signed Cedric Soares from Southampton on a season-long loan deal. Meanwhile, Olivier Giroud is expe…
Scots islanders share £3million postcode lottery prize with two from isle with population of 140 scooping £190,000
OVER 100 lucky Scots islanders shared a £3million postcode lottery jackpot today, including winners from an isle of just 140 people. Two neighbours from tiny Berneray scooped £193,055 each when HS6…
Economic Survey: India now global leader in monthly data consumption
For the quarter ending June 2019, the price of data was 7.7 per GB as compared to 200 per GB in June 2016. The Average Revenue Per User (ARPU) for GSM-based mobile services has also gone down substantially from 126 in June 2016 to 74.30 in June 2019, said the survey.
Wealth creation to Thalinomics: All you must know about Economic Survey '20
The overarching theme of the Economic Survey 2019-20 is creation of wealth over time and the implementation of policies that act as enablers in creation of this wealth
$1.1 million California Chrome sibling up for claim at Aqueduct
Fort McHenry, the $1.1 million half-brother of the popular champion California Chrome, has been gelded and will run Sunday for a $50,000 claiming price at Aqueduct.
SBI posts highest-ever quarterly profit of Rs 5,583 crore in Q3
SBI Q3 results: The bank's gross non-performing assets (NPAs) ratio declined to 6.94 per cent in Q3FY20 versus 8.71 per cent in the same quarter last year
Feeling lucky? Only lottery winners will get to enjoy Suntory's limited edition 55-year-old single malt whisky
The newest bottle in the vaunted lineup of premium Japanese whiskies is more than 55 years old. The nation's oldest distillery will release Yamazaki 55 thi
GDP growth expected to rebound to 6-6.5 per cent in 2020-21: Economic Survey
The Economic Survey 2019-20 tabled in Parliament said there are tentative signs of bottoming out of slowdown in manufacturing activity and global trade, which will have a positive impact on growth in the next fiscal.
Barclays introduces video games tax relief loans
Developers able to claim 90% of their tax credit before it is fully processed
Student paramedics to receive yearly £5,000 payment support
For the first time under NHS funding, student paramedics will receive £5,000 a year to support them whilst they are at university
SBI profit jumps 41% to ₹6,797crore in Q3 on lower provisioning
Consolidated income rose to ₹95,384.28 crore in the third quarter from ₹84,390.14 crore in October-December 2018-19, SBI said in a regulatory filing
Watchdog probes jump in sterling before Bank of England rate decision
City watchdog the Financial Conduct Authority has opened an investigation into the jump in the value of the pound shortly [...]
Retirement Target Date Allocation Glide Path In-Depth View
Allocation between OWN, LOAN and RESERVE Super Classes will determine the bulk of your investment returns.Age or retirement target date Allocation Glide Path provides guide to OWN and LOAN allocation
How analytics can help expand market share and generate revenue
Fintech players have captured the marketplace with efficient customer experience and proven that mass-market growth is achievable, without branches and with mobile-based applications. What sets new financial entrants apart is that they are adaptable and can provide customers with financial advice in a way that suits them.
Economic Survey 2020: Theme, Colour, Significance | All You Need to Know
"As PM Narendra Modi said wealth can't be distributed unless it's created," said the CEA explaining why wealth creation has been chosen as the theme of this year's economic survey
Uptick in retail prices in FY20 mainly on veggies, pulses: Survey
The Economic Survey 2019-20, presented in Parliament by Finance Minister Nirmala Sitharaman stated that inflation has been witnessing moderation since 2014, however, recently there has been an "uptick
Monetary Authority Of Singapore: What It Will Take To Win Digital Banking Licenses
The Merchants Guide To Navigating Global Payments Regulations examines how financial and data regulations are changing across different markets like Singapore.
Unilever sales growth stagnates amid sluggish household consumption
The Anglo-Dutch company booked a 2.7 percent year-on-year (yoy) growth in sales to Rp 42.9 trillion (US$3.15 billion) in 2019, the company said in a statement obtained by The Jakarta Post on Thursday.
Uptick in retail prices in FY20 mainly on veggies, pulses: Economic Survey
The Survey has recommended measures to safeguard farmers through procurement under Price Stabilization Fund to help regulate the price volatility of important agri-horticultural commodities and also added that MSP needs to be made more effective. For the current financial year so far, food and beverages emerged as the main contributor to retail inflation.
Public Mutual declares distributions of more than RM64m for five funds
KUALA LUMPUR, Jan 31 — Public Mutual, a wholly-owned subsidiary of Public Bank, today declared distributions amounting to more than RM64 million for five funds for the financial year ended January 31, 2020. The gross distributions include 5.0 sen per unit for Public Money Market Fund, 4.25 sen...
Myanmar earns US$310 M from fishery exports in 2020
Myanmar earned about US$310 million from fishery export from October 1 to January 17 in this fiscal year and it is more US$45 million compared with the amount of fishery export in the same period in the last fiscal year, according to figures from the Ministry of Commerce.
Indiabulls Real Estate to merge certain Embassy Property projects with self
Embassy is in discussions with financial investors such as The Blackstone Group Inc. and others to raise up to $200 million before the said merger. This equity investment of $200 million will bring significant cash in the merged entity for expanding its business operations.
ASEAN sustainable finance: A huge gap means a huge opportunity
While many investors, corporations and financial institutions have announced a commitment to achieving the SDGs, capital is not flowing at the required speed to those countries where SDG investment matters most.
Asian investors eye low-cost housing - VietNamNet
JLL estimates that hundreds of millions of dollars from Japan, South Korea, Singapore and China are waiting to be funneled into Vietnam’s real estate market.
Profit jumps at Hargreaves Lansdown despite Woodford scandal
Profit before tax at investment platform Hargreaves Lansdown climbed 12 per cent in the first half of its financial year [...]
Thalinomics versus Dosanomics: a tale of two chief economic advisers
An average household that eats two vegetarian Thalis a day gained around ₹10,887 on average.The price of a vegetarian thali increased last year after falling ‘significantly’ for five years
Nirmala Sitharaman’s bahi khata: More for aam adami?
The buzz is that she will be addressing the demand side of economy — giving consumers more money to spend without cutting back on government expenditure on social schemes
Here’s The List Of Top Ten Most Expensive Bank Accounts In Kenya
It will cost you at least Ksh17,750 per year to maintain the most expensive bank account in Kenya, a new study by Financial Sector Deepening (FSD) has found.The study found that Standard Chartered