The challenges that are faced by India in setting right the government funded and debt-ridden airline Air India through sell off became evident after the government did not manage to find a single buyer by the end of the deadline… Read More ›
Economy & Finance
U.S. regulators propose rewriting and simplification of financial rules
The proposal aims to simplify and ease some of the overreaching aspects of the rule which places undue and excessive burden on financial compliance. With the Federal Reserve, along with other U.S. regulators, proposing to rewriting the “Volcker Rule” that… Read More ›
Why Global Investors Are Worried About The Italy Political Crisis
Global investors are apparently freaked out by the political crisis in Italy. There were demands by investors for higher returns against them taking on Italian government debt even as there was a downslide in the global markets on Tuesday. There… Read More ›
AirAsia’s Expansion Plans In India Hit By Probe Against Its Boss
Allegations of possible bribery to change local airline policy in India are being investigated by security agencies in India against Tony Fernandes, the chief of AirAsia Group. According to media reports in India quoting an official from the Central Bureau… Read More ›
Business Confidence In Brazil Falls In May, Could Fall More In June Due To Truck Strike
A report that was released earlier in the week noted that the slow pace of economic recovery in Brazil had dragged down its business confidence index (BCI) for the month of May to its lowest point since November 2017. The… Read More ›
The lifecycle of a banknote
Best designers and engineers control the process of their manufacturing. They combine the symbolism of ancient cultures and space-like innovations. And at the same time, we encounter them every day. We exchange them, rumple them… These are banknotes, and it… Read More ›
Italian fiasco in Europe impacts shares of banks in the United States
Italy’s failure to form a government is taking a toll on the Eurozone’s economy. Investors nervous at the uncertainty have rushed to invest in U.S. treasury debt instruments, which in turn have sent the USD to its 10 month high… Read More ›
Washington to impose export control norms on China: White House
The United States will announce details of the export control mechanism later today and the final tariff list expected to be published by June 15. In a stern warning to China, the United States made it lucidly clear, it will… Read More ›
Plastic Cutlery, Straws And More Is Planned To Be Banned In Europe
With the aim of cleaning up the oceans, a ban on single-use plastic items such as cutlery, straws and cotton buds is being proposed by Europe. 10 items have been identified by the European Commission for banning which accounts for… Read More ›
People Will Not Be Rendered Jobless Because Of Robots: Satya Nadella
According to Microsoft CEO Satya Nadella, people would not be rendered completely jobless by robots even in the situation of a “runaway Artificial Intelligence (AI)” scenario. Nadella said during an interview that people will always desire to have a job… Read More ›
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