Economy 348
DHT Holdings' Co-CEOs On The VLCC Markets (Podcast Transcript)
As part of the Value Investor's Edge Live Virtual Tanker Forum, J Mintzmyer spoke with DHT Holdings' co-CEOs.The discussion covered the VLCC markets and IMO 2020 developments.We reviewed DHT's scrubbe
‘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’
Trade unions to back Bord na Móna worker protest tomorrow
A protest march which will be held by Bord na Móna workers tomorrow has been backed by the Irish Congress of Trade Unions.
Trump supporters speak out about 2020 policy concerns at New Jersey rally
President Trump's "Promises made, Promises kept" campaign rally in Wildwood, New Jersey
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.
Countryside service cuts planned
Cuts of £150,000 suggested as part of proposals for a council's housing and community development service could see staff replaced by volunteers.
Pound-to-New Zealand Dollar Rate Risks Correction as RBNZ Shifts into "Neutral" Gear
The British Pound Sterling vs the New Zealand Dollar: Latest GBP/NZD News and Analysis
2020 Corvette Has Popular Option Removed From Configurator
The 2020 Chevrolet Corvette begins production soon, but the company has to adjust the availability of an option.
POLITICO Global Translations: Corona spreads, Britain retreats as the planet heats
Presented by
What every Canadian investor needs to know today
A look at the morning’s market action
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
Economic Survey sets the tone for Budget 2020
The Survey's theme is 'Wealth Creation'
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.
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.
Shakespeare North Playhouse appoints new chair
Max Steinberg has been chosen as the new chair of Shakespeare North Trust
Govt, media and Arnab
When detention and assault of journalists is the norm, the touching concern of a Minister over a TV star’s heckling is a story in itself
No fresh investment, redemption for mutual fund investors on Budget day
Mutual funds investors will not be able to make a fresh investment or sell their units on the Budget day because subscription and redemption are closed on Saturdays and Sundays, industry officials
Key takeaways from Economic Survey 2020
Finance Minister Nirmala Sitharaman on Friday tabled economic survey projecting the country’s economic growth at 6-6.5% for the next fiscal year starting April 1.
Beyond Brexit: What will change after the UK leaves the European Union?
ITV News' experts and special correspondents have been thinking about how the landscape could change in their respective fields post-Brexit. From the difficulties of securing a "deep and meaningful" trade deal to potential staffing shortages in the NHS, life outside the Brussels club will present many challenges.
Where are the best places to live in Suffolk and Essex?
Districts across Suffolk and Essex have been named among the best places to live in the UK in the annual Halifax Quality of Life Survey for stunning wildlife, vibrant economies and hot spot locations.
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
Economic Survey 2020: Red-tape still strangles Indian manufacturing
Economic Survey 2020 updates: Ease of doing business in India seems like a far fetched dream as of now due to the huge number of licenses and approvals needed to run a business. Here's all you need to know
Punjab Budget To Be Presented On Feb 25
The Amarinder Singh-led Punjab government will present its budget for 2020-21 on February 25.
Britain leaves the EU - then what?
Britain leaves the European Union on Friday, ending more than four decades of economic, political and legal integration with its closest neighbours.
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.
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.
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.
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.
Scientist bats for technology domination through IPR
AI and Machine Learning are omnipresent concepts, says R. Chidambaram
Apple's defense of iPhone Lightning fails: Standard charger law due by summer 2020
European lawmakers have ignored Apple's arguments against a common mobile charger.
Post-Brexit talks failure 'existential threat' to Ireland
A failure by Britain and the European Union to reach a post-Brexit trade deal by the end-of-year deadline would pose an
Budget 2020: How FM Nirmala Sitharaman's fiscal deficit math is likely to move Sensex, Nifty on Feb 1
Budget 2020: An increase in fiscal deficit target in view of the ongoing economic slowdown may not negatively impact the market since elevated level of expenditure is expected to result in higher demand in Indian economy
Israeli military says mortar shells fired from Gaza
Jerusalem - Three mortar shells have been fired from the besieged Gaza Strip enclave into southern Israel, the country's military has said in a statement, amid tensions in the region over US President Donald Trump's proposed Middle East plan.
How African countries are responding to Coronavirus
Beijing’s push to expand its influence on the youthful African continent means Africans now make up the second-largest population of foreign students in China, behind those from elsewhere in Asia, a
Support Sudan now or regret later: UN tells US, World Bank, IMF
Months after Bashir was ousted, Sudan's economy remains burdened with foreign debt of more than $60 billion, inflation of about 60 percent, soaring unemployment and chronic shortage of fuel and foreig
President Kenyatta launches construction of Shs1.8bn Naivasha-Njabini Road
NYANDARUA, Kenya, Jan 31 – President Uhuru Kenyatta Friday launched the construction of Shs 1.8 billion Naivasha to Njabini road. The upgrading of the - Kenya breaking news | Kenya news today | Capitalfm.co.ke
Focus on trade talks as island of Ireland prepares for Brexit
Protests and celebrations will be held in Northern Ireland as the UK leaves the EU
We asked people who voted Leave what their greatest hope for the future was
Friday is Brexit Day, so how are leave supporters feeling?
Notable turnaround in mineral production due to policy reforms: Survey
India produces as many as 95 minerals which include 4 hydrocarbon energy minerals, including coal and lignite; 5 atomic minerals, 10 metallic, 21 non-metallic and 55 minor minerals.
President Kovind talks about NE; says Modi Govt transformed emotional disconnect with NE
President Ram Nath Kovind while addressing a joint session of Parliament on January 31said that apart from the geographical distance of the Northeast
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
Mastercard invests in online and offline identity startup Trust Stamp
Mastercard has made a strategic investment in AI-generated identity authentication company Trust Stamp.
Coronavirus Outbreak Sends European Stock Markets Into Tailspin
On Monday, US stocks posted their biggest downturn since October 2019 due to fears of the economic impacts of the new SARS-related virus that recently emerged in central China.
UN Urges Int'l Community to Rebuild Sudan Economy
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. "The story of Sudan in year 2020 is not the story
Canada not rushing to post-Brexit deal with Britain, as business urges calm
Prime Minister Justin Trudeau says he is confident that Britain's exit from the European Union later today will be an orderly process with minimal disruption to Canadian trade and investment.
Do government budget cuts mean austerity isn't over yet?
Sajid Javid, chancellor of the exchequer, had promised before the general election that he would end austerity
November GDP beats expectations, but... – RBC
According to Josh Nye, Senior Economist at Royal Bank of Canada (RBC) Economics, a modest upside surprise in November GDP does little to change the na
Collaboration tools are more popular than ever, but they have an insidious side
Are collaboration tools having a positive or negative impact on the way we work?
Major Overhaul In External Affairs Ministry: New Verticals On Trade, Technology & Economy, Strategic Projects To Get More Attention
This is the first major overhaul in the ministry in nearly five decades.
Survey suggests scrapping of 'anachronistic' Essential Commodites Act 1955
"As the conviction rate, however, is abysmally low and raids have no impact on prices, the ECA only seems to enable rent-seeking and harassment. The Survey provides clear evidence that the case for jettisoning this anachronistic legislation is strong," the document said.
Pound Sterling Powers into Month-End Against Euro and Dollar
The British Pound heads into month end with momentum owing to a decision by the Bank of England to keep interest rates unchanged
Why Texans Don’t Want Any More Californians
Migrants from the Golden State could change the character of their new homes.
Core sector output shows growth after contracting for four months
The rebound signals that the economy may have bottomed out in the second quarter and may see revival in the third quarter. The news should come as relief for the government ahead of the Budget and may dispel fears surrounding the Indian economy slipping into stagflation.
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
USD/CAD eases from tops, still well bid near 200-DMA post-US/Canadian data
The USD/CAD pair trimmed a part of its early gains to seven-week tops, albeit still managed to hold with modest daily gains above the 1.3200 mark post
You don’t have to hit a six in every ball, wait for market to throw you a loose ball: Madhusudan Kela
As the markets have amply proven in the last four, six months, the loose ball is coming. Meanwhile, pharma could provide great opportunities, says market expert Madhusudan Kela.
GDP Prints At 2.1%, But Strong Export Data Is Anomalous; Likely To Be Revised Downward
Most of the 2.1% print came from Net Exports (NEX), but the lead of that was a technical increase from IMPORTS (which normally REDUCE GDP) .NEX is the component of GDP that, historically, is most revi
Union Budget 2020: How, When and Where To Watch Live Streaming Of Union Budget
Union Budget 2020: Finance Minister Nirmala Sitharaman is all set to present Budget 2020 in Parliament on Saturday at 11 a.m.
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
Survey doesn’t address ground realities: Cong.
‘It’s an exercise in obfuscation’
Nicola Sturgeon urges patience on indyref2 as she predicts break-up of UK
The First Minister said she is confident Brexit will lead to independence for Scotland.
Asia shares try to rally after gut-wrenching week
Asian share markets were praying for a reprieve at the end of a punishing week as investors snatched at hopes the coronavirus could be contained, ...
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter
Goldman Sachs warned on Friday that Wuhan coronavirus is likely to hit US economic growth.
Too soon to tell economic impact of Wuhan coronavirus on China: IMF chief
It is still too soon to gauge the economic impact of the virus outbreak on China's economy, beyond the first three months of the year, ...
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.
Dow plunges 500 points amid coronavirus fears after outbreak is declared a global health emergency and death toll reaches 213
The World Health Organization declared the epidemic a global emergency on Thursday after the fast-spreading virus killed more than 200 people in China and infected thousands.
Businesses see promising India-UK ties ahead after Brexit
Brexit: Leading trade organisations and Indian entrepreneurs in Britain see this as an exciting time for the India-UK trade and economic partnership to be taken to a new level
OIL: Buy The Bottom In Crude
Oil demand is the only part of the balance where the bears can make a potentially compelling case to sell oil – but the supply variables win out.Supply is currently being constrained by market partici
Downing Street's 'divorce': UK finally set to leave EU
After years of division and protests, the UK will become the first country to leave the EU, ending a 47-year membership.
Nicola Sturgeon may move to hold indyref2 without UK Government
Nicola Sturgeon has warned she may be prepared to press ahead with plans for a "consultative" referendum on independence without the UK Government if Boris Johnson continues to rule out a repeat of the 2014 vote on leaving the UK.
Maria Bartiromo believes Trump will strike trade deal with Europe this year
President Trump will clinch a trade deal with Europe within the next year, Fox Business host Maria Bartiromo said Friday.
Shrinking French and Italian economies hamper euro zone growth
Spectre of recession likely to mean more monetary easing by ECB
Push for micro-irrigation says Economic Survey
The Economic Survey say that through government schemes like the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) which was launched in 2015 the area under micro-irrigation was increasing.
Economic Survey 2020 calls for better efficiency at public sector banks
For FY19, PSBs had made a collective loss of Rs 66,000.
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.
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
Leo Varadkar says goodbye to “old friend” UK on Brexit Day
As Taoiseach Leo Varadkar bids farewell to the UK on Brexit Day, other Irish politicians look at the UK's exit in the scope of the upcoming Irish general election.
Plague Big Opportunity, Rat Says
U.S. Commerce Department ghoul Wilbur Ross gloated about his belief the ongoing coronavirus outbreak in China is good for JOBS! JOBS! JOBS! in an appearance on Fox Business on Thursday morning, even as the confirmed number of cases and deaths keep rising and experts worry of sustained global spread....
Economic Survey 2020 forecasts India GDP growth at 6-6.5% for FY21
Economic Survey 2020: According to the survey, uncertainties, although declining, are still elevated due to protectionist tendencies of China and USA and rising USA-Iran geo-political tensions
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.
Britain Is Finally Leaving the European Union Today. Here's What Will Change
It's Brexit day on Jan. 31
House supports reform thrust
HOUSE Majority Leader and Leyte Rep. Martin Romualdez yesterday said the leadership of Speaker Alan Peter Cayetano is relentless in its work to help the administration institutionalize the crucial reforms that are vital to delivering the “campaign promises” of President Rodrigo “Rody” Duterte and sustain economic growth.
Boris Johnson Won Brexit; Now He Has to Own It
(Bloomberg) -- Want to receive this post in your inbox every day? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more.At 11 p.m., Britain’s bad-tempered 47-year marriage to the European Union will formally end.The man who helped engineer the divorce
Statistics Canada says GDP edged up 0.1 per cent in November
The Canadian economy edged higher in November, reversing most the decline seen in October, as cold weather helped boost the utilities sector and the construction and retail sectors also gained ground.
Markets Recoil as Economic Survey Stokes Fiscal Slippage Fears
The 30-share BSE Sensex closed 190.33 points, or 0.47 per cent, lower at 40,723.49. Likewise, the broader NSE Nifty shed 73.70 points, or 0.61 per cent, to finish at 11,962.10.
Major developments for Cullompton and Tiverton go to consultation
Plans for 500 homes and Cullompton regeneration go to the public
With new projects’ vigour, Hyderabad’s real estate blooms out of slowdown blues
In the words of KT Rama Rao, Minister for IT, municipal administration and urban development, "Hyderabad's growth story and momentum have just begun." Even as the sector elsewhere stares at a slowdown, new projects are being started around Hyderabad.
It may be controversial but the Huawei 5G deal is vital for Brexit Britain’s trading future ǀ View
If Johnson succeeds, Brexit Britain will be one of the few places in the world with preferential trade with the world’s two superpowers. The battle lines in the US-China trade war mean any country that is on good trade terms with both will have an almost unique competitive advantage.
Mastercard Invests in AI-Based Startup Trust Stamp
Electronic payments giant Mastercard has made a strategic investment in Trust Stamp, an Artificial Intelligence-based authentication services company.
Oyo rubbishes reports of large-scale partner loss, and exiting businesses
Currently, Oyo largely operates under three models - franchisee, leased and owned assets. The rooms under the franchisee model accounts for the largest number of its inventory of nearly 3 lakh rooms in India
Stocks decline as coronavirus keeps traders on edge
Stocks fell broadly Friday, the final day of the month, as traders tried to assess the potential economic impact of China’s fast-spreading coronavirus while weighing earnings from Caterpillar and Amazon.
Economic Survey 2019-20 Tabled in Parliament, Sees Pick up in Growth
For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects.
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
Narrabri farmers feel 'sold out' by federal-NSW energy deal that boosts gas supply
NSW environment minister insists government will not ‘cut corners’ in assessing Santos’s controversial coal-seam gas project at Narrabri
Arvind Krishna elected IBM CEO
Indian-origin technology executive Arvind Krishna has been elected Chief Executive Officer of American IT giant IBM after a "world-class succession process", succeeding Virginia Rometty, who described him as the “right CEO for the next era at IBM” and “well-positioned" to lead the company into the cloud and cognitive era.
Long-suffering Zimbabwe cricketers to have salaries cut
Cricket News: Zimbabwe's cricketers are set to have their salaries cut as their national board continues to face financial troubles. Zimbabwe Cricket chairman Taven
Beyond Brexit: Fishing, farming and science set for biggest shake-up in 70 years
It was hard to find a more pro-remain sector of the UK economy than Britain's scientific research sector. Science is, and always has been an international enterprise dependent on the free movement of people and just as importantly research funds. And most of the money, and people, come from the EU. The government's announcement this week for a fast-track visa system for "top talent" in research has allayed some of the scientists' fears.
Coronavirus: Quarantining millions in China is unprecedented, wrong
Jan. 31 (UPI) -- The World Health Organization has declared the novel coronavirus outbreak a public health emergency of international concern. China has recorded over 8,246 cases, but just 170 deaths from the disease. As far as emerging diseases go, this virus appears relatively insipid.
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.
GRAINS-Soybeans extend losing streak on coronavirus fears; corn firm, wheat weak
(Recasts, updates with U.S. trading, adds new analyst quote, changes byline/dateline; pvs PARIS/SYDNEY)By Mark WeinraubCHICAGO, Jan 31 (Reuters) - Chicago Board of Trade soybean futures fell on Friday, on track for their ninth straight day of losses, as concerns about the coronavirus cutting into Chinese demand beat back any attempts at a bargain-buying bounce, traders said.
Eurozone economy records worst year since 2013
The growth recorded was lower than the 0.2% anticipated in the markets and was largely due to the fact that two of the eurozone's biggest economies, France and Italy, both contracted.
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."
Bernie vs. the mainstream media
What the establishment still won't admit about the new Democratic frontrunner
Economic Survey 2020 to give roadmap for $5 tn economy
Coming at a time when India's nominal economic growth, not adjusted for inflation, has been the worst in 42 years, the Economic Survey, to be presented in parliament by around 12.30 pm, is hugely
Neither icing nor a cake – Rabobank
Analysts at Rabobank offered a review of Friday's Eurozone GDP figures, which showed that the economy grew by 0.1% q-o-q in the fourth quarter of 2019
Asia shares fight for footing after turbulent week
Asian share markets battled to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of ever more cases and mounting deaths.
ANZ NZ Roy Morgan Consumer Confidence
The ANZ-Roy Morgan Consumer Confidence Index was unchanged at 123 in January, a solid level. Households aren’t gung ho, but are feeling resilient.
Chainlink Boosts Ethereum DeFi with New Price Reference Data Networks
Chainlink’s Price Reference Data oracle networks vastly expand the amount of secure and reliable data accessible to Ethereum Dapps
Leila Janah, Indian-origin entrepreneur who hired the poor, dies at 37
Samasource, one of her companies, said the cause was epithelioid sarcoma, a rare soft-tissue cancer.
British PM Boris Johnson hails UK's 'new beginning' as Brexit day arrives
Britain begins the day as a member of the European Union. Its status at the end of the day — as a proud nation that has reclaimed its sovereignty, or a diminished presence in Europe and the world — will still be up for debate.
Rly passenger volume up by 1.85%, freight loading rose by 5.34% in 2018-2019: Eco Survey
Commenting on the cleanliness parameters of the national transporter, the survey stated that for railways which covers over 8,700 stations and carries around 230 lakh passengers daily with clientele of varied socio-economic backgrounds, cleanliness was a continuous process.
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
Economic Survey 2020: FTAs have been beneficial, insecurities over trade deals misplaced
Last year, India backed out of the proposed free trade agreement under RCEP that comprises 16 countries in the larger South East Asian region after some of its key concerns were not addressed
Economic Survey 2020: 60% women in world's fastest growing economy do housework
Women's participation in labour force reduced to 25.3 per cent in 2017-18 from 33.1 per cent in 2011-12, Economic Survey found
Look for New Highs From CSX Stock as the Economy Heats Up
As goes the economy, so goes CSX stock, and the economy is only going to improve over the next few quarters.
Eurozone economy barely grows in Q4 as France, Italy shrink
BRUSSELS — The eurozone economy, made up of the 19 countries that use the euro, barely grew in the final quarter of 2019 as both France and Italy contracted, official figures showed Friday. In its first estimate for the quarter, statistics agency Eurostat said the eurozone grew by only 0.1% from the previous three-month period. …
Xpel Inc: Racing With Exceptional Risk/Reward
Near term catalyst with Team Penske sponsorship.Longer term catalyst partnering with Roger Penske’s dealership network & trucking companies.Xpel's 10-year record is on par with some of the greatest st
Pompeo vows unwavering US support during delicate Ukraine visit
US Secretary of State Mike Pompeo said Washington's support for Ukraine was unwavering during a delicate visit Friday to the country at the heart of the US impeachment process.
Buy local products for 'better tomorrow'; efforts on to make India $5 tn economy: Prez Kovind
President Ram Nath Kovind on Friday exhorted people to use locally manufactured products for a "better tomorrow" as he reiterated the government's commitment to make India a USD 5 trillion economy.
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
Virus poses stark challenges to Abe's tourism goals as Tokyo Olympics loom
The coronavirus outbreak is posing myriad challenges for the Japanese economy, including a key Abe administration policy initiative — the promotion of inbo
Brexit day: United Kingdom casts off from the European Union
The United Kingdom leaves the European Union on Friday for an uncertain Brexit future, its most significant geopolitical move since the loss of empire and a blow to 70 years of efforts to forge European unity from the ruins of two world wars.
Household lending grows for third consecutive year - Central Bank
Home lending drove growth in the figures but private sector lending fell
Italy's Gualtieri: Government expects GDP to bounce back in Q1 after disappointing Q4
The Italian government expects the Gross Domestic Product (GDP) to bounce back in the first quarter of 2020 following the disappointing growth recorde
China's factory activity falls in January as Wuhan coronavirus fears grow
BEIJING: China's manufacturing activity slipped in January, official data showed on Friday (Jan 31), as the country grapples with a new virus that ...
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
Hindustan Unilever Q3: Steady performance amidst the slowdown
Despite the ongoing consumption slowdown, Hindustan Unilever has been able to maintain the same 5 per cent year-on-year growth in volumes in each of the last three quarters. It has been able to hold v
Full text: President Ram Nath Kovind’s address to joint sitting of Parliament
"The Citizenship Amendment Act is a historic law. It has fulfilled wishes of our founding fathers including Mahatma Gandhi," President ram Nath Kovind said.
U.S. commerce secretary says coronavirus will help bring jobs to North America
U.S. Commerce Secretary Wilbur Ross said Thursday he believed the coronavirus outbreak that has left millions under lockdown in China will help return jobs to the U.S. and Mexico.
Brexit day: Britain quits EU and steps into transition twilight zone
The United Kingdom formally leaves the European Union this evening for an uncertain Brexit future.
Trump appears to mock Pelosi by handing out pens during USMCA signing
The president laughed as he handed out pens, appearing to mock House Speaker Nancy Pelosi, D-Calif., for a gesture many saw as distasteful.
India's GDP growth neither over- nor underestimated, says Economic Survey
Recently, Arvind Subramanian, the Narendra Modi government's former chief economic adviser, had said India's economic growth rate has been overestimated by around 2.5 percentage points between 2011-12 and 2016-17 due to a change in methodology for calculating GDP.
Eco Survey has right vibes; will Budget reflect same thinking, asks D-Street
Here is what economists and analyst read into the fine prints of the survey.
Russian journalist predicts "fierce Stalinism" or transformations after Putin's regime
According to the journalist, there will be shifts in the country even if the new leader of Russia belongs to Putin's entourage.
Both recover so well, but play differently - Rodgers on Ndidi and Kante
Brendan Rodgers has stated the difference between N'Golo Kante and Wilfred Ndidi who are two of the top defensive midfielders in the Premier League.
2023 presidency: PDP mulls merger, perfects other strategies to unseat APC
The PDP said it has started strategising ahead of the 2023 general elections to unseat the APC. Uche Secondus, the party's national chairman, said the party is ready for a merger to strengthen it to defeat the APC.
Highways sector needs Rs 19.63 lakh crore investment by 2024-25: Economic Survey
Of the total Rs 102 lakh crore investment need for infrastructure projected by the National Infrastructure Pipeline (NIP), during 2020 to 2025, the highways sector will require Rs 19.63 lakh crore, the Survey said.
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)
Latest on the coronavirus spreading across the globe
A NOVEL coronavirus (2019-nCoV) outbreak that began in Wuhan, the capital of China’s central province of Hubei, has spread to more than 9,800 people globally, surpassing the total from the 2002-2003 SARS epidemic. The new virus has killed 213 people.
Eurozone economy records worst year since 2013
The eurozone economy, which is made up of the 19 countries that use the euro currency, ended 2019 with a whimper and recorded its worst year of growth since it was mired in a debt crisis in 2013.
India's GDP growth not overstated, says Economic Survey 2020
Economic Survey 2020 live: The Economic Survey 2019-20 cleared the air around "inflated GDP numbers". Here's what this exactly means for you
Musk says Tesla is closing in on the 400-mile range mark
According to Musk, Tesla's battery cell technology has improved and is improving at such a rate, that it won't be much longer until it launches a 400-mile range Model S
More curbs on travel to China as coronavirus fatalities continue to rise
The United States and other countries tightened travel curbs on Friday and businesses said they were facing supply problems because of the coronavirus in China, a day after the World Health Organizat…
Budget 2020: How can FM Nirmala Sitharaman put India back on growth trajectory towards a $5 trillion economy
Union Budget 2020:
World governments 'moving fast' to overhaul taxes for tech giants
A consortium of 137 countries has agreed to revamp tax rules to close decades-old loopholes for multinational corporations. It's prompted by the rise of digital firms but Apple, for one, has been a vocal supporter of reform.
Assault on Syria's Idlib pushes 700,000 to flee in potential 'international crisis,' says U.S. envoy
An assault on rebel-held northwest Syria by government forces has pushed some 700,000 people to flee toward the Turkish border and raised the specter of an
Eco Survey calls for pro-business policies, strengthening invisible hand of markets
The invisible hand needs to be strengthened by promoting pro-business policies to provide equal opportunities for new entrants, enable fair competition and ease doing business, eliminate policies that undermine markets through government intervention even where it is not necessary, it said.
EU lawmakers vote in favor of common charger despite Apple’s plea
According to Apple, the move to adopt a universal charging standard for all phones will do more harm than good. EU lawmakers disagree.
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.
Economic Survey 2020 draws heavy references from Kautilya's Arthashashtra
Economic Survey 2020: The document also defends Kautilya and says that he is often misrepresented because of impartial reading of Arthshashtra
Simon Coveney on Brexit: "Everybody loses here"
Tánaiste Simon Coveney has said he feels "sadness" as Britain leaves the European Union.The UK ...
EU vote could now force Apple to ditch Lightning for USB-C
The European Union has voted to standardise chargers for mobile devices in a measure that could force Apple to abandon the iPhone's traditional Lightning | Trusted Reviews
Could Britain ever rejoin the European Union after Brexit?
Is there any going back after January 31?
Brexit Day: What to know when U.K. leaves EU
More than 3 1/2 years after the landmark Brexit referendum, the United Kingdom will finally leave the European Union at 11 p.m. GMT on Friday.
Fife electric vehicle users will have to pay to use public charging points from April
Drivers of electric vehicles in Fife will soon have to pay to top up at public charging points.
FG mulls release of 2021-2025 Medium Term Development Plan
The Federal government says the successor Medium, Term National Development Plan: 2021-2025 will be ready soon.
SK Hynix to make deep capex cut as virus spread threatens chip output
South Korea's SK Hynix , the worlds' No.2 memory chip maker, warned a new virus outbreak in China could pose a threat to chip production and said ...
Canada: Real GDP edged up 0.1% in November vs. 0% expected
The real Gross Domestic Product (GDP) expanded by 0.1% on a monthly basis in November following October's 0.1% contraction, the data published by Stat
Penplusbytes empowers editors to champion the cause of PWDs
news, story, article
Podcast: Economic Survey (Round-up)
The Economic Survey stated that the Indian economy is expected to grow 6-6.5 percent in 2020-21.This GDP growth forecast is seen as somewhat ambitious, given that Indian economy is widely expected to
World Athletics puts the brakes on Nike’s record-breaking shoes
Nike’s Vaporfly have been outlawed for elite competition and strict limits on the technology developed for any shoes after World Athletics
'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 sources data from Wikipedia, other private entities
The Survey is also marked by quotes from Shrimad Bhagavad Gita, Rig Veda, Adam Smith's 'An Inquiry into the Nature and Causes of the Wealth of Nations', Kautilya's Arthashastra, and Tamil saint and philosopher Thiruvalluvar's treatise The Thirukural.
Tourism businesses urged to harness ‘fantastic’ potential of Arbroath 2020
Tourism businesses across Angus and Dundee are being encouraged to turn the “eyes of the world” on the area by harnessing the potential surrounding this year’s 700th anniversary of the Declaration of Arbroath.
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...
Tax rule changes will see millions handed an extra £104 from April
31million people will see a cash boost - this is why
GE2020: Munster ‘completely refutes’ FF claims that SF manifesto will cost jobs in Louth
SF TD Imelda Munster responds to claims made by FF Cllr James Byrne
$12M funding boost - regional water storage and use project
12M funding boost - regional water storage and use project
EEP Africa: grant financing for early-stage clean power projects
EEP Africa has opened a call for proposals aimed at applicants in need of grant financing to implement innovative early-stage clean energy projects in Southern and East Africa.
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.
Market movers: Stocks that saw action on Friday - and why
A roundup of some of the North American equities making moves in both directions today
Delta just suspended China flights for longer than any other airline, a red flag as the unprecedented coronavirus wreaks havoc on the airline industry
Demand has plummeted because of the coronavirus outbreak, putting airline profits and China's economy at risk.
Economic Survey 2020 stresses on Assembled-in-India
The Survey states that by integrating "Assemble in India for the world" into Make in India, India can generate 4 crores well-paid jobs by 2025 and 8 crores by 2030
Union Budget 2020: Govt Tables Economic Survey, Pegs Growth Rate at 6-6.5% For FY 2020-21
The growth rate for the current financial year, ending March 31, was 5%, the Economic Survey, prepared by Chief Economic Adviser (CEA) Arvind Subramanian said. The Survey added that the rate of inflation declined from 3.2% in April 2019 to 2.6% in December 2019.
USD/CHF drops below 0.9700 as markets remain risk-averse
The USD/CHF pair erased nearly 40 pips on Thursday and seems to be having a difficult time staging a recovery on Friday. After touching a daily high o
'Feel good' Budget may see cut in tax rate, sops for social sectors
FM is expected to pull out all stops to spur demand and investment, govt sources and economists said.
Bernie Sanders, a socialist surges in Iowa
Progressive who shook up the Democrats is now ahead in the first state to vote
China's yuan finds its feet after vote of confidence by WHO on coronavirus
The World Health Organisation said late on Thursday that the coronavirus outbreak was a global emergency, but opposed travel ...
Why imported onions are rotting? Economic Survey 2020 has an answer
Economic Survey 2020 latest: Imported onions are rotting as there are no takers. Here's what the Economic Survey 2019-20 has to say about the onion crisis
Buyer Payments And Seller Payouts In A Changing Sharing Economy
Here's a look at the evolution of buyer payments and seller payouts in the changing sharing economy.
Slowdown bottomed out, GDP expected to grow at 6.5 per cent: Chief Economic Adviser
The Economic Survey has projected the GDP to expand by 6-6.5 per cent
Canada’s economy bucks forecasts, posts surprise gain
Statistics Canada says GDP grew by 0.1 per cent in November despite impact of rail strike, pipeline disruption; economists had expected no increase for the month
How $98 trillion of household wealth in America is distributed
If a pie represented the wealth in the United States, nine pieces, or 90% of the pie, would go to the wealthiest 20% in the country.
When It Comes To IQIYI Stock, Investors Should Tune Out
IQIYI has staged a nice rally, but that's likely to fizzle out in the face of tough macroeconomic headwinds.
2020 predictions: 5 telling trends in 3D printing
Hype or new hope? Is 2020 the year 3D printing actually disrupts high-volume manufacturing?
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
Economic Survey suggests cutting subsidy to increase fiscal legroom
Cutting the food subsidy can help provide more fiscal room, according to the Economic Survey.
Economic Survey Projects India's GDP Growth at 6-6.5 Per Cent for 2020-2021
New Delhi (Sputnik): Amid the widespread slowdown in the Indian economy, the government lowered its national income growth forecast for the current fiscal year from April 2019-March 2020 to 5 per cent against the earlier projections of 7 per cent.
Rand tumbles to 11-week low as coronavirus, power cuts weigh
The rand fell by nearly 4% over the week.
40 Irish films and TV shows set for international release in 2020
Screen Ireland reveals that there's 40 Irish tv and film productions scheduled for international release in 2020.
EU turns page on Brexit and moves on to trade talks
A resolute European Union sought Friday to turn the page on Brexit and move on to negotiating a looser, less favourable trading relationship with its departing British partner.
Post-cyberpunk: what you need to know about the latest trends in speculative fiction
Cyberpunk has become an integral part of our pop culture. Everyone is familiar with at least some works in the genre and their particular flavour of dystopian...
Osun govt. to restrict cattle grazing to farm settlements
Osun Commissioner for Agriculture and Food Security, has assured farmers that the state government will restrict open grazing
Fiscal deficit target may be relaxed to arrest declining growth: Economic Survey
The Medium Term Fiscal Policy (MTFP) statement presented with the Budget 2019-20, pegged the fiscal deficit target for 2019-20 at 3.3 per cent of gross domestic product (GDP), which was further expected to follow a gradual path of reduction and attain the targeted level of 3 per cent of GDP in 2020-21, and continue at the same level in 2021-22.
Senate probes NNPC over $396m spent on refineries’ maintenance
The Senate on Thursday resolved to probe the Nigerian National Petroleum Corporation (NNPC) over the sum of $396 million expended on..
Brexit day: Britain quits EU, steps into transition twilight zone
The country will slip away an hour before midnight from the club it joined in 1973
Union Budget 2020: Economic Survey Introduces 'Thalinomics'; Here Is What It Entails
Dubbed as an attempt to quantify what a common person pays for a Thali, a new concept called ‘Thalinomics’ has been introduced in Economic Survey 2019-20.
What other tourist darlings can learn from the sudden end of Iceland’s ‘miraculous’ tourism growth
For much of the past decade, Iceland welcomed tourists in record-breaking numbers. But to the relief of locals, growth has slowed. Here’s what other tourist darlings can learn from the sudden end of Iceland’s ‘miraculous’ tourism growth
Economic Survey 2020 pushes for privatisation of education, flexible labour laws
Economic Survey 2020: Survey calls for increasing literacy levels rapidly through institution of more schools and colleges; vouches for important policies that boost ease of doing business
Citizenship Amendment Act fulfils wish of Mahatma Gandhi, President Ram Nath Kovind tells Parliament
The President said India had always believed in the principle of equal respect for all faiths, but at the time of partition in 1947, “this very belief of India and of its people came under the most severe attack”.
Investors get bullish after WHO lauds China's coronavirus response
"For now, the market’s risk lights have shifted from flickering on red to a steady shade of amber."
The Hill's Morning Report — Senators expected to acquit Trump; witness push falls short
Welcome to The Hill’s Morning Report. TGIF! Our newsletter gets you up to speed on the most important developments in politics and policy, plus trends to watch.
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter, Business Insider - Business Insider Singapore
Business Insider - Fewer Chinese tourists and a drop in US exports to China could weigh on the economy.. Read more at businessinsider.sg
Azmin to lead working visit to Japan to explore new economic cooperation
KUALA LUMPUR, Jan 31 — Economic Affairs Minister Datuk Seri Mohamed Azmin Ali will lead the Malaysian delegation of senior officials from his ministry for a six-day working visit to Japan from February 1-6. In a statement today, the Ministry of Economic Affairs (MEA) said the delegation will...
Economic Survey 2020 projects GDP growth at 6-6.5% in FY21
The Economic Survey 2020, prepared by Chief Economic Advisor Dr Krishnamurthy Subramanian, was tabled by Union Finance Minister Nirmala Sitharaman in Parliament Friday.
Nairobi-based lobby urges Treasury to rescind decision on implementation of turnover tax
NAIROBI, Kenya, Jan 31 – A Nairobi based lobby group representing small traders has appealed to the Ministry of Treasury to halt the implementation of the Kenya breaking news | Kenya news today |
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.
Muslim hatred flares up
Quebec cabinet ministers are speaking out about a deluge of hateful comments posted to the premier's Facebook page after he published a message in support of the province's Muslim community.
Insolvency law reduces resolution time for stressed assets to 340 days: Economic Survey
The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, provides for market-linked and time-bound resolution of stressed assets. The survey, tabled in the Parliament on Friday, also said resolution under the Code has been much higher as compared to other processes.
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.
Eco Survey: Thalinomics in times of rising prices: Veg, non-veg thalis more affordable
Using the annual earnings of an average industrial worker, it is found that affordability of vegetarian thalis improved 29 per cent from 2006-07 to 2019-20 while that for non-vegetarian thalis improved by 18 per cent.
VN-Index plummets further amidst coronavirus crisis - VnExpress International
The benchmark VN-Index plunged 22.96 points, or 2.39 percent, to 936.62 Friday to reach its lowest level since February 11 last year.
China's factory activity falls in January as virus fears grow
Official figures released Friday showed that the Purchasing Managers' Index (PMI) for manufacturing, an early gauge of factory activity, came in at 50.0, down slightly from 50.2 in the month before. A reading above 50 indicates the sector is expanding while below 50 shows a contraction.
Kejriwal slams Pak Minister for mocking Modi; says Pak “biggest sponsors of terrorism”
Delhi Chief Minister Arvind Kejriwal slammed Pakistani Minister, Chaudhary Fawad Hussain for making objectionable comments on Prime Minister Modi.
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.
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.
10 promising Italian startups to watch out for in 2020
Besides their great taste in food, style and ice cream, Italians also have an innate sense for starting a business. The Italian government has introduced more than a few initiatives to simplify the challenges that young companies face – in 2012, Italy introduced the ‘Italian Startup Act‘, which brought with it tax incentives for investors, a fast-track visa for entrepreneurs, more relaxed labor regulations, and a simpler registration process for new companies. Startups can also obtain grants or loans from Invitalia, as well as apply for the Italia Startup Visa from the Ministry of Economic Development and Ministry of Foreign Affairs. Hubs like Turin and Rome are gaining traction, and investors are increasingly taking interest in due to a new host of success stories.
View: Public sector bank network, a good idea
It is vital for India to swiftly enact the law on data protection, given the kind of data sharing that has been envisaged in the PSBN.
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.
Germany wants to conclude Brexit talks by year's end: minister
BERLIN (Reuters) - Germany wants to do all it can to conclude outstanding negotiations with Britain on its future ties with the European Union by the end of this year, Economy Minister Peter Altmaier said on Friday.
Thalinomics in times of rising prices: Veg, non-veg thalis more affordable, says Eco Survey
Calling it 'Thalinomics', Krishnamurthy V Subramanian compared price of standard veg and non-veg meal plates across the country to say that affordability as a factor of daily wage has improved overtime, indicating improved welfare of the common person.
Pakistan halts China flights amid coronavirus outbreak
LONDON: The United Kingdom leaves the European Union on Friday for an uncertain Brexit future, the most significant change to its place in the world since the loss of empire and a blow to 70 years of efforts to forge European unity from the ruins of war. The country will slip away an hour before midnight from the club it joined in 1973, moving into the no man’s land of a
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.
Focus on trade talks as island of Ireland prepares for Brexit
Protests and celebrations will be held in Northern Ireland as the UK leaves the EU
Going with the wind energy in Latvia
Going green has been an international hot topic for a while, with Latvian President Egils Levits discussing at the recent World Economic Forum how Latvia could become a renewable energy role model, and an increasing portion of the Latvian energy portfolio will be made up of wind energy.
North Carolina Teachers Are Flirting With a Strike
Decades of anti-unionism are coming to a head in the state.
Newspaper review for Friday, January 31: Buhari ignores call to sack service chiefs
Nigeria's security is rapidly deteriorating and the pressure is on President Buhari to fire his service chiefs. This is the focus of the country's major newspapers published on Friday, January 31.
The Week In Payments: China, China, Challenger Banks And Bitcoin
If there were a theme in the big headlines this week in payments, financial services and commerce, it would have been movement.
As cities grow, the Internet of Things can help us get on top of the waste crisis
Total global waste is expected to double from nearly 2 billion tonnes in 2016 to an estimated 4 billion tonnes by 2050 as consumer-oriented urban populations grow. As population growth increases consumption ...
As Coronavirus death toll rises, countries tighten curbs on travel to China
The US and other countries tightened travel curbs on Friday and businesses said they were facing supply problems because of the coronavirus in China.
Super Bowl Ads from Trump and Bloomberg
The campaigns of President Donald Trump and Democrat Mike Bloomberg have purchased airtime during the preeminent TV ad event of the year: the Super Bowl. Both scheduled spots make claims that require context or further explanation.
Rural management curriculum launched in Sikkim
The rural management curriculum is a BBA/MBA programme that strives to promote rural studies and rural management in order to enable development of sustainable rural livelihoods, the Chairman of MGNCRE, Dr W G Prasanna Kumar, said.
Government must unleash bold reforms to achieve 6-6.5% growth in FY21, say experts, industry
The chamber said as the Economic Survey is a precursor to the Union Budget, it expects some of the bold reforms highlighting trust, entrepreneurship and primacy of the market to be reflected in the Budget announcements. Leader Economic Advisory Services at PwC India Ranen Banerjee said attaining the projected growth rate of 6-6.5% will be challenging.
Brexit: what’s next? The crunch dates ahead and what investors expect - CityAM
The UK voted to leave the European Union by a margin of 52% to 48% in a referendum held on [...]
Budget 2020: Challenge for Indian Finance Minister is to Balance Growth, Fiscal Deficit
New Delhi (Sputnik): Amid the slowdown in the Indian economy, the government lowered its national income growth forecast from 7 percent to 5 percent for the current fiscal year. The Economic Survey tabled in Parliament on Friday pegged growth for 2020-21 at between 6 and 6.5 percent.
Rail investment ‘fantastic news’ for Northland, says Reade
January 31, 2020
Leaders look to future with UKs EU adventure to end before day is out
The UK's 47-year membership of the EU will be over before the day is out.The eleven-month transi...
Millions of workers to get an extra £104 as new tax rules come into effect in April
In addition to increasing the NICs threshold the Government will also end the freeze to working age benefits, which has been in place since 2016.
Egypt's population nears 100 million, putting pressure on resources and jobs
Sitting in her sister's apartment on a noisy Cairo street, Rania Sayed one day hopes to leave a city that is becoming more congested as Egypt's population ticks up to 100 million, a milestone it will pass next month. Like many others, she wants to move to one of the new satellite settlements
Brexit day: United Kingdom casts off from the European Union
Brexit day: United Kingdom casts off from the European Union
Funding National Infra Pipeline would be a 'challenge': Economic Survey 2019-20
To achieve GDP of USD 5 trillion by 2024 – 2025, India needs to spend about USD 1.4 trillion (Rs.100 lakh crore) over these years on infrastructure so that lack of infrastructure does not become a constraint to the growth of Indian economy, the survey said.
'Narendra Modi is my PM as Well, You Cannot Break India's Unity', Kejriwal to Pak Minister
"We gave zero tolerance for interference by the biggest sponsor of terrorism. No matter how hard Pakistan tries, it cannot harm India's unity", said Delhi CM
Production pattern is not in sync with the demand: The Economic Survey 2019-20
The survey said that the share of cereals declines steadily as MPCE level increases, from about 19 per cent for the bottom decile class of rural India to about 5-6 per cent for the top decile class, and from 15 per cent for the bottom decile class of urban India to under 3 per cent for the top decile class.
WHO declares global virus emergency as death toll hits 213
The World Health Organization declared a global emergency over the new coronavirus, as China reported Friday the death toll had climbed to 213 with nearly 10,000 infections.
Medal for former ECB chief Draghi divides Germans
Months after the end of his term as president of the European Central Bank, Italian economist Mario Draghi will receive Germany's highest honour ...
Wall Street opens in red as coronavirus headlines continue to dominate
Wall Street's n indexes started the last day of January in the negative territory as investors continue to react to heightened concerns over the coron
Hateful messages flood Quebec premier's Facebook page after he supports Muslims
ST-SAUVEUR, Que. — Quebec cabinet ministers are speaking out about a deluge of hateful comments posted to the premier's Facebook page after he published a message in support of the province's Muslim community.
Fifteen Percent of Italians Are Holocaust Deniers, Poll Shows
Some 20 percent of respondents agreed that Mussolini, Hitler’s ally and the father of 20th-century fascism, 'was a great leader who only made a few mistakes'
Brexit Day timeline: How did we get here and what happens next?
It's been a long and winding road to the UK's decision to leave the EU. Here's how we got here, and how more than 1,000 days of Parliamentary drama since the Brexit vote in 2016 have played out
Carnoustie residents demand renewables giant moves controversial cable landing site
Carnoustie community leaders have moved to protect local tourism from “huge disruption” caused by controversial plans to bury an electricity cable next to their world-famous golf course.
Economic Survey 2020 has a clear message for Nirmala Sitharaman
Growth in the current fiscal year would come in at 5 per cent, as per Economic Survey.
Budget 2020: Will govt increase investment limit under Section 80C?
Budget 2020: The limit of deduction available under Section 80C is Rs 1.5 lakh. Taxpayers expect FM Sitharaman to increase the limit to Rs 2.5 lakh
What can you do if a potential employer ‘ghosts’ you?
Ghosting is on the rise in workplace circles too, experts say, as technology is making it easy to both apply for jobs and ignore communication efforts
Just announced - PGF funding for Northland water storage and use project
Today’s (Friday’s) announcement of a $12 million boost for the water storage and use project underscores the Government’s confidence in the scheme and the region, says Northland Regional Council Chair Penny Smart.
Union Budget 2020: 5 movies to get you in the mood for the big day
Finance Minister Nirmala Sitharaman is gearing up to present the Union Budget 2020 on Saturday (February 1, 2020). The government is expected to roll out schemes aimed at infusing new life into
'A joke': Palestinians slam Trump's proposal for new capital
Abu Dis, occupied West Bank – Just outside of Jerusalem lies Abu Dis, a small village which US President Donald Trump's Middle East plan has earmarked as the new capital of a future Palestinian state.
Economic Survey Bats For Market Economy, Shows How Government’s Intervention Can Do More Harm Than Good
The Indian state is not only involved in running businesses but also intervenes in markets quite frequently.
WHO declares global virus emergency as death toll hits 213
The World Health Organization declared a global emergency over the new coronavirus, as China reported Friday the death toll had climbed to 213 with nearly 10,000 infections.
Oyo cuts staff strength by about 2,000, exits 200 cities as part of restructuring
Oyo claims that although it has slashed a significant workforce, there has been a lot of support that the start-up has given to the employees who have been asked to leave
Mayo organisations join new national climate action campaign
Macalla Farm and Westport Eco-Congregation are among the Mayo-based organisations joining One Future, a new campaign group calling for faster and fairer climate action.
Bank of Ghana keeps policy rate unchanged at 16 percent
news, story, article
Prime Minister Johnson Poised for Canada-Style UK-EU Free Trade Deal After Brexit – Report
The UK’s withdrawal from the EU on Friday will be followed by an 11-month transition period, during which Britain will remain committed to the existing trade deals with the bloc, but will be able to negotiate new such agreements with EU members and other countries.
Focus on trade talks as island of Ireland prepares for Brexit
Protests and celebrations will be held in Northern Ireland as the UK leaves the EU
Investment Implications Of Unravelling Of Post WW2 World Order: The Case Of Turkey
While the world is now accustomed to the likes of China challenging the post-WW2 world order, the challenge by smaller actors such as Turkey is something new.Multinationals, ranging from oil and gas p
Coronavirus outbreak: 366 Indians to be evacuated from Wuhan and quarantined
Over 366 Indians are being evacuated from China and flown to New Delhi by Saturday early morning due to the 2019 Novel Coronavirus (2019 nCoV) outbreak. Sources said that they will be directly escor
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.
Spain’s ‘Little Britain’ braces for Brexit
Orihuela, Spain | AFP | On the sun-drenched eastern coast of Spain, British retirees, workers and small business owners are braced for an uncertain future after Britain leaves the European Union on Friday. “It is worrying what happens now,” said Karen Watling, 73, who moved to the Orihuela Costa in Alicante province with her husband after …
Fed's Clarida: Yield curve inversion reflects global uncertainty rather than US outlook
Commenting on the recent inversion of the yield curve, Federal Reserve Vice Chairman Richard Clarida said that he was not worried about it and argued
‘Socialism has never been successful’: Trump rallies crowd in Iowa, where Bernie is on the rise
A direct negative campaign ad targeting the senator and spectre of socialism revealed what could become an electoral weapon
China's factory activity falls in January as virus fears grow
China's manufacturing activity slipped in January, official data released Friday showed, as the country grapples with a new virus that has claimed more than 200 lives.
Economic survey predicts GDP to be between 6 and 6.5%, wants government to deliver expeditiously on reforms to revive growth
The Economic Survey 2019-20 tabled in the parliament on Friday predicted the GDP growth between 6% and 6.5% in the fiscal year starting 1 April.
Eco Survey focuses on wealth creation, says PM
After the release of Economic Survey 2019-20, Prime Minister Narendra Modi took to his Twitter handle and said it focuses on wealth-creation for 130 crore Indians. It outlines a multi-faceted strategy to achieve a $5 trillion economy through enterprise, exports, ease of doing business and more.
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.
Economic Survey 2020: CEA Subramanian sees fiscal slippage in FY20
Subramanian said the country might have hit the trough in growth and expressed his confidence in achieving 6-6.5 per cent growth in fiscal year 2020-21
Chinese residents face jail if they slam country’s coronavirus response
Speaking ill of Beijing’s response to the deadly coronavirus outbreak could land China residents in jail. WeChat, the Chinese social-media
Singapore bans China travellers to keep out coronavirus
Singapore said on Friday it was banning entry to all Chinese visitors and foreigners with a recent history of travel to China in some of the most far-reaching moves worldwide to deter the fast-spreading coronavirus.
New rules outlaw some of Nike’s record-breaking shoes
PARIS, Jan 31 — World Athletics announced significant changes to its rules today that will outlaw some variants of Nike’s Vaporfly running shoes and introduce strict limits to the technology developed for any future shoes used in elite competition. The sport’s governing body (WA) said that...
Eurozone Preliminary GDP arrives at 0.1% QoQ in Q4, misses estimates
The Eurozone economy eased its pace of expansion at 0.1% on quarter in the three months to December of 2019, missing +0.2% expected, the first estimat
Social workers are not useless, irrelevant
Social workers like any other professionals play a pivotal role in mentoring and skilling the youth at both micro and macro levels
Nicola Sturgeon urges patience on indyref2 as she predicts break-up of UK
The First Minister said she is confident Brexit will lead to independence for Scotland.
Long-suffering Zimbabwe cricketers to have salaries cut
In the latest blow, Zimbabwe was banned from international competitions for three months last year by the International Cricket Council because of government interference in the running of the national board.
UN warns world may pay ‘terrible price’ if it fails Sudan
Khartoum, Sudan | AFP | 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. “The story of Sudan in year 2020 is not the story of the previous government,” United Nations Development Programme …
Eco Survey completely disconnected with problems faced by common man: Congress
The Congress slammed the Centre on the Economic Survey saying it is a diverted picture from the reality, accusing the government of "fudging data" and committing a "fraud" as the numbers presented by it are not believable by the world. Congress spokesperson Gaurav Vallabh said the government has not taken any concrete steps to end tax terrorism.
Economist who counted $40 billion cost from SARS predicts far bigger hit from new coronavirus
The global cost of the coronavirus could be three or four times that of the 2003 SARS outbreak, which sapped the world's economy by $40 billion, according
Risky Time For A Valero Investment
VLO beat earnings estimates for 4Q19.But market conditions have since deteriorated.Product stocks are oversupplied and refinery margins have dropped.The virus in China is a headwind of unknown depth a
Osinbajo, LCCI discuss economy, Apapa gridlock, others
The Vice-President, Prof. Yemi Osinbajo, on Friday received a delegation of the Lagos Chamber of Commerce and Industry (LCCI), led by its President, Mrs Toki Mabogunje at the Presidential Villa in Abuja.
Facebook’s trust problem isn’t about being understood
Mark Zuckerberg says people need to understand what the company stands for. The problem is that they already do
Bank employees across India participate in two-day nationwide strike
The employees have joined the strike as the early wage revision settlement has been due since November 1, 2017
KNU plots mine attack on army column in Phapon: Army
Karen National Union (KNU) plotted a mine attack on an army column providing security for road in Phapon Township, Kayin State killing the battalion commander on the spot, announced the Office of the Commander-in-Chief of the Defence Services on January 30.
How are UK businesses coping with Brexit uncertainty?
Two businesses, two very different perspectives on how to cope with the lack of clarity around the EU-UK's future trading relationship.
Coronavirus updates from around the world
UK confirms first cases; US warns on travel.
Michael Gove admits post-Brexit trade with the EU will NOT be 'frictionless' as Boris Johnson 'prepares to ask Brussels for an "off-the-shelf" Canada-style deal'
Michael Gove today admitted UK trade with the EU after Brexit will not be 'frictionless' as Boris Johnson prepares to ask Brussels for an 'off-the-shelf' future partnership agreement.
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
USD/JPY pares early gains, turns flat below 109 ahead of US data
The USD/JPY pair struggles to make a meaningful recovery on Friday as investors continue to stay close to safe-haven assets such as the JPY amid heigh
London is Europe's best city to invest in and Manchester moves into the top 30 on the
London kept second place globally and first in Europe in the annual chart, which measures the attractiveness of major cities around the world for real asset investing.
Take Profit on USDCAD Long – TDS
Following Friday’s release of the Canadian monthly GDP growth figures, Mazen Issa, Senior FX Strategist at TD Securities (TDS), suggests taking profit
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
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...
Scientists Snap Closest-Ever View of the Sun
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Contest Over Freebies: Delhi's Opposition BJP Promises Job Security, Pollution-Free Environment
New Delhi (Sputnik): Voters in India’s national capital, one of the country’s richest in terms of per capita calculation, are being aggressively wooed by both the ruling Aam Aadmi Party (AAP) and the opposition Bharatiya Janata Party (BJP) with elections for the new state assembly just a few days away.
These 3 Stocks Are Too Cheap to Pass Up
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The big news: Delhi court defers execution of 2012 gangrape convicts, and nine other top stories
Other headlines: GDP growth was revised for 2018-’19 to 6.1% from 6.8%, and the SC sought response from UP on confiscating property of anti-CAA protestors.
No masking the best way to avoid the scary coronavirus: Wash your hands
Americans are watching with alarm as a new coronavirus spreads in China and cases pop up in the United States. They are barraged with information about what kinds of masks are best to prevent viral spread. Students are handing out masks in Seattle. Masks have run out in Brazos County, Texas.
Visa’s X-Border Investment Leads Week Of B2B Funding
Visa's investment in Currencycloud leads this week's B2B FinTech investment roundup, with other investors targeting logistics and blockchain startups.
Wilbur Ross Sees a Bright Side to Chinese Virus
Commerce Secretary Wilbur Ross suggested Thursday that the viral outbreak in China might offer an unexpected benefit for the U.S. economy: It could encourage American manufacturers in China to return to the United States.
Non-Vegetarians Saving More Under Indian Prime Minister Modi, Government Data Shows
New Delhi (Sputnik): India’s federal Finance Ministry’s Economic Survey – a snapshot of the state of economy of the country during 2019-20, has a new chapter titled “Thalinomics: The Economics of a Plate of Food in India”. The government claimed it was an attempt to quantify what an average person pays for a Thali (Plate) of food.
Nike Alpha Fly: Other banned sport goods as World Athletics rules on hi-tech trainers
World Athletics has issued new legislation on hi-tech running trainers, after it came under pressure to clamp-down on "technological doping". The Nike Vaporfly trainers, which have become popular with long-distance and marathon runners, have come under heavy criticism from critics. They claim the technology used equates to "technological doping", while Nike says the shoes improves running economy by four per cent. The thick sole with a carbon fibre wedged in the middle gives runners extra cushioning and improves energy return.
Beyond Brexit: TV, film, music and theatre face a year of uncertainty
In this transition period, taking us until the end of December 2020, freedom of movement ie the movement of talent, personnel, artists etc can continue. Organisations like Creative Europe, founded by the union to encourage investment in the creative industries across the continent - its funding helped pay for the Oscar-winning film The King’s Speech - are still open for business for those seeking funding for their projects. There are plenty of big beasts in residence in the UK - Netflix, Disney, Warner Bros, Comcast (the new owner of Sky) - all strong enough to take any adverse movements in the value of the pound, the smaller independents may well be viewing their own future further down the line with a little more trepidation.
Bullish for Bitcoin: Mike Novogratz on BTC "Prospects Extremely Strong"
Novogratz became one of the most prominent people to delve into the Bitcoin space, having had a lot of clout on Wall Street.
Explained: The ugly truth about India’s adherence to the FRBM Act
By completely ignoring Revenue Deficit, and only focusing on containing Fiscal Deficit, the government has ensured that the FRBM Act now hurts growth – which is exactly opposite of what fiscal consolidation was supposed to do.
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.
Senate probes poor state of refineries
Mandates Committee to Kick Start Work on PIB By Henry Umoru – Abuja The Senate has begun a probe into what it described as the poor state of refineries the nation’s According to the Senate despite $25 billion dollars spent in the last 25 years, the refineries are still in comatose. Consequently, the Senate mandatedRead More
USD/CHF slumps to two-week lows near 0.9640
The USD/CHF pair came under renewed bearish pressure in the last hour and slumped to its lowest level since January 16th at 0.9639. As of writing, the
China - One Problem Ends And Another Begins
Trade had been a problem for the Chinese economy.Hong Kong issues are ongoing.African Swine Fever caused a meat shortage.Did ASF lead to coronavirus?Commodities will move with the state of China's eco
Screen Ireland unveils slate of 40 productions coming to international market
Agency responsible for developing screen industries said sector contributed €357m to economy last year
Does Sensex really mirror the economy?
Change in index constituents also influenced by trading volume, market capitalisation
On Eve Of Pompeo Visit, A Shakeup In Belarus's Military And Snap Drills. What Gives?
Moscow cuts off oil. Minsk turns to Norway. Lukashenka rants. Lukashenka shakes up his military command. Military command orders snap readiness drills. The U.S. secretary of state comes to town. There's a lot going in Belarus these days.
Smart City Mission: 5,151 projects at various stages of implementation, says Survey
Talking about achievements of 'Smart Cities Mission' (SCM), the Survey said all 100 cities under the mission have incorporated SPVs, City Level Advisory Forums (CLAFs) and appointed Project Management Consultants (PMCs). "Since the launch of the mission, 5,151 projects worth more than Rs 2 lakh crore are at various stages of implementation in the 100 cities," it added.
7 European ETFs to Buy as the Continent Begins Its Rebound
European equity markets have long lagged the U.S. But these European ETFs are worth a second look with nice valuations and yields.
Digital companies, liable to tax under new Finance Act — Osinbajo
Vice President, Yemi Osinbajo says multinational digital companies operating abroad with significant economic presence in Nigeria will be sub
A bullish signal for Canada’s banks, the SNC-Lavalin rally isn’t over, and why gold is setting up for a fall
A roundup of investment ideas for active investors
Economic Survey 2020 Details 'slump In 2019' But Predicts 'rebound To Achieve $5 Trillion'
A day before the Union Budget is presented, CEA Krishnamurthy Subramanian on Friday, presented the Economic Survey 2020 which spoke of how difficult 2019 was
The real estate industry hopes for favorable financial decisions in budget 2020
Ashish Sarin, CEO, AlphaCorp Considering the role of the sector in economy, there is intense speculation and simultaneous optimism that the government would announce some growth measures for the segment.
Universities wrong-footed by fires, a deadly virus and Brexit
Still reeling from the bushfires, Australia's universities are now facing threats from the coronavirus and aggressive competition from a post-Brexit Britain.
Find the right Motability car for your individual needs at these south Wales dealerships
If you’re eligible for the Motability Scheme, there are more places than you think that will have something ideal for you
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
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...
Venezuela’s Guaido hoping to score meeting with Trump in Florida this weekend
Venezuelan opposition leader Juan Guaidó is hoping to meet President Trump for the first time this weekend after he wraps up an international tour with what is anticipated to be a massive rally in Miami.
Privatised CPSEs reported better profit, sales after transition: Economic Survey
Most privatised CPSE witnessed improvement in net worth, profit, gross revenue and sales growth after the transition, the Economic Survey has said.
Britain after Brexit
The country remains bitterly divided, but there is cause for hope
Mischievous people twisting Buhari’s comments on insecurity ― Presidency
Presidency yesterday lamented over what it described as mischievous twisting of President Muhammadu Buhari's comments
New tax rules mean millions will get an extra £104 from April
It will affect around 31 million full-time workers
France, Italy Drag Euro-Area Economy to Worst Quarter Since 2013
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The euro-area economy barely grew at the end of 2019 as unexpected contractions in France and Italy dealt the bloc its weakest quarter in almost seven years.The surprise slump in two of the
Can Sinn Féin’s young voters finally pull Ireland to the left?
In next week’s general election, progressives may be more comfortable backing a party once synonymous with the IRA, says Irish journalist and screenwriter Roisin Agnew
Integrate ‘Assemble in India’ into Make in India
Move will boost exports, create 80 mn jobs in next 10 years, survey says.The Survey gives China’s example, where labour-intensive exports between 2001 and 2006 created 70 million jobs
US consumer spending cooled last month, core prices picked up
Income growth in the US slowed to 0.2%.
Stage set for gradual recovery in broader markets over next year: Sunil Subramaniam, Sundaram MF
Things are not going to recover right from tomorrow but over the next three to six months, one can definitely see the underpins of an economic recovery, says Sunil Subramaniam, MD & CEO, Sundaram Mutual Fund.
China car sector to take hefty first-quarter hit from virus but 2020 outlook not necessarily grim
The new coronavirus epidemic is likely to wreak havoc on China auto sales and production in the first quarter, but it is too early to push panic ...
Top news of the day: Delhi court postpones hanging of Nirbhaya case convicts, Economic Survey pegs GDP growth at 6-6.5% in next fiscal, and more
The major news headlines of the day, and more.
1g salt and 0.2g turmeric: Economic Survey 2020's Thalinomics for adult male engaged in heavy work
The Thalinomics is a novel addition to the Economic Survey 2020, which has calculated the affordability of a one-plate meal in relation to "an adult male engaged in heavy work". "We have taken the
Markets welcome WHO virus declaration
Markets rose in Asia on Friday after the World Health Organization declared a global health emergency over the deadly new virus sweeping China.
Nicola Sturgeon insists Brexit will lead to an independent Scotland
The First Minister was speaking hours before the UK formally leaves the European Union.
India Set to Move Towards Chinese Model to Expand Exports, Create Jobs
New Delhi (Sputnik): The Indian Finance Ministry has been trying to attract investments from foreign companies into India. The cut in corporate tax rates came as a push to attract investments by technology companies looking for avenues outside of China, amid Beijing’s ongoing trade war with Washington.
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter
Goldman Sachs warned on Friday that Wuhan coronavirus is likely to hit US economic growth.
The Day Europe Told the U.S. to Cut Out the Threats Over Iran
(Bloomberg) -- European diplomats drew a line in the sand this month, telling U.S. officials their bullying tactics wouldn’t help marshal support for President Donald Trump’s Iran policy.The firm response came in a conference call in early January when a senior State Department official threatened European
What could derail the long-awaited property market recovery?
PROPERTY experts are hopeful 2020 will be the year the Perth market returns to growth.
ICC Wales cancels appearance of American preacher Franklin Graham who called homosexuality 'a sin'
Franklin Graham was booked to speak at the International Convention Centre Wales in Newport but the event has since been cancelled