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French President Emmanuel Macron says the coronavirus pandemic will remake capitalism

Macron told the Financial Times that if the EU doesn't help out countries such as Spain and Italy, …

Dominic-Madori Davis   


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4 mins read

Washington DC and state capitals are bracing for violence at March 4 protests with razor wire, fencing and visible uniformed security

The Biden administration has said that domestic terrorism is a serious concern. But talk of March 4…

Ellen Wulfhorst   


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Ambit Capital pays Rs 6 cr to settle insider trading case with Sebi

New Delhi, Dec 13 () Brokerage house Ambit Capital has settled with regulator Sebi a case of allege…

PTI   


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Bethany Biron   


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Congress just got a bunch of documents Valeant was withholding, and there's a memo about them circulating on The Hill

There's movement on the US House of Representatives' action against the company as well. The Commit…

Linette Lopez   


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1 min read

HSBC halves Zomato's $1 billion valuation. Zomato has zero profitable markets, though Info Edge says revenues have doubled

In the note, concerns have been raised regarding Zomato's ad-heavy business model, its internationa…

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1 min read

American Shot Dead In Attack In Saudi Arabia's Capital

RIYADH (Reuters) - A US national was shot dead and another wounded when their car was fired upon in…

Reuters,Armin Rosen   


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4 mins read

ISIS wants to shut down private internet access in the capital of its 'Caliphate'

Activists in the region told the Financial Times they believe the jihadi group's crackdown is motiv…

Barbara Tasch   


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2 mins read

A Man Named Peter Fenton Does Not Own 6.7% Of Twitter And Other Misconceptions About Twitter's IPO Filing

Twitter was required to list every major shareholder in its company, which means any person or enti…

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22 mins read

DISPATCH FROM HONDURAS: What Life Is Like In The Murder Capital Of The World

Even amid all the killing, life in San Pedro Sula goes on. It has to. One beloved distraction is th…

Jeremy Relph   


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ISIS claims credit for one of the biggest attacks on the Iraqi capital since Mosul fell

Security forces and militia groups are fighting Islamic State in Anbar province, the sprawling Sunn…

Ahmed Rasheed   


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1 min read

Dropbox Lands A $250 Million Investment And Is Now Worth $10 Billion, Report Says

News circulated in November that Dropbox was hunting for investors and a valuation of at least $8 b…

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2 mins read

Delhi rains: Amid this month’s record-breaking rainfall activity, IMD forecasts more heavy rains across Delhi-NCR

Delhi has seen an unusual amount of rainfall this August, with the capital recording the highest ra…

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2 mins read

The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.

Alaska's Permanent Fund, once funded by oil extraction, is now funded through investment returns, a…

Lakshmi Varanasi   


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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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2 mins read

Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura

One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…

ANI   


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3 mins read

Allow indexation benefits for savings such as stocks, fixed deposits: Cong to govt

The Budget 2024-25 had proposed to lower the LTCG from 20% to 12.5% but removed the indexation bene…

PTI   


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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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3 mins read

Banks write off loans worth ₹9.90 lakh crore in last 5 financial years

"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…

PTI