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2 mins read

5 reasons the S&P 500 could slump for the rest of 2021 despite strong profit growth and economic optimism, according to Bank of America

The economic recovery is accelerating, but that isn't necessarily a good sign for stock market retu…

Emily Graffeo   


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4 mins read

The rise in budget allocation for education is just not enough

Indian education system might need an overhaul as it needs to cover more students, add infrastructu…

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3 mins read

Here’s how Britannia is eating into ParleG’s market share for five years now⁠— and now wants more of it

The Wadia Group-owned Britannia Industries has outwit ParleG on its strongest turf, rural India, ac…

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4 mins read

Airtel’s Africa unit is now a nearly-billion dollar business where every user pays 40% more than the one in India

The rate of subscriber addition in Africa has increased from 1.9 million at the March 2019 t…

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Rite Aid plummets 25% after Deutsche Bank slashes price target to $1 as COVID-19 'hastens the decline' of the company's retail pharmacy business

Deutsche Bank said Rite Aid's upcoming 2023 guidance for annual adjusted EBITDA may be unattainable.

Carla Mozée   


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India's fiscal deficit is more than double its FY21 target

The fiscal deficit at the end of November 2019 had stood at 114.8% of 2019-20 BE. The lockd…

PTI   


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Markets just can't believe India's latest budget math

The gains in India's stock markets are underwhelming given the fact that global risk appetite ha…

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1 min read

Police union PACs have spent $510,000 targeting The Squad, but may not be aiming to unseat them as much as raise funds for themselves, report says

The Squad, a group of four US representatives that are women of color, are deeply unpopular among c…

Kelsey Vlamis   


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1 min read

Analysts expect RBI to hike rates in 2020, see FY21 fiscal deficit target challenging

Mumbai, Feb 3 () Meeting the fiscal deficit target of 3.5 per cent for FY2020-21 is a challenge, an…

PTI   


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Spending on roads, agriculture pegged at Rs 17.77 lakh crore over high tax collections

The government got enough room for expenditure after the indirect tax revenue grew 39.2% in April-M…

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India will not meet its rooftop solar power target if it doesn’t help MSMEs

India has set high targets for itself – to achieve 40 GW of rooftop solar capacity by 2022 and 100 …

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4 mins read

Sorry Piyush Goyal, those fiscal deficit and double-digit growth targets are unrealistic

On Monday, the interim Finance Minister Piyush Goyal, who also leads the Railway ministry, made tw…

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1 min read

Pumped up by Modi’s promise of budgetary support, Indian Railways sets a high capex target for FY 2016-17

Boosted by this improvement, Indian Railways have set a target of Rs 1.5 lakh crore for this financ…

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Here's why Facebook stock tanked despite the company crushing targets

"As I mentioned last quarter, we continue to expect ad load will play a less significant role drivi…

Alexei Oreskovic   


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5 mins read

Top Five Factors Which Aided Market Rally As Modi Government Completes 100 Days

Tuesday marks the 100th day since Narendra Modi was sworn in as India’s 14th Prime Minister. The S&…

Economic Times   


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1 min read

Carl Icahn's latest target hasn't turned a profit in two decades

Cheniere is currently building export complexes to ship gas abroad, and is hoping to begin exportin…

Portia Crowe   


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3 mins read

Herbalife Beats Earnings Estimates And Raises Guidance

Guidance for fully diluted 2013 EPS is based on the average daily exchange rates of January 2013, w…

Julia La Roche   


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2 mins read

Nvidia stock can climb for the next 12 months, S&P Global analyst says

Nvidia's partners are showing that the AI titan has "strong runway" for at least the next year, on…

Jennifer Sor   


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3 mins read

PVR INOX to close 70 non-performing screens in FY25, plan monetisation of real estate assets

The company will add 120 new screens in FY25 and close almost 60-70 non-performing screens, as it c…

PTI