Honorable FM Nirmala Sitharaman presented the 3rd union budget of Modi government 2.0 at a time when India along with the world is witnessing one of the biggest health crises of centuries. Covid-19 lead staggering...
Bitcoin has broken another price record, jumping nearly 15% on the news that Tesla has invested $1.5 billion in the cryptocurrency. The carmaker is also planning to accept Bitcoin as a means of payment. The digital...
German engineering giant Siemens has posted promising first-quarter results despite the ongoing coronavirus pandemic. The firm looks for more innovative power as the era of reformist CEO Joe Kaeser draws to an end. At a...
Virtual Davos, summit is taking place against the backdrop of a crisis that has shredded livelihoods and widened inequalities. The annual event with its roster of influential speakers hopes to help drive a robust, green...
This is another moment in the Weirdest Economy Ever, driven by stimulus, forbearance, bailouts, record money printing, record government-deficit spending, exuberant financial markets, and record low costs of funding: For companies in the service sector,...
Despite the current scary surge in the pandemic, the worst of the economic damage is done even if the pace and scale of the recovery around the globe are far from clear.The UK is one...
Goa, a western coastal state and major tourist destination, is welcoming visitors after months under a COVID-19 lockdown. But the comeback has been slow, and often painful. The coronavirus pandemic has wreaked havoc on the...
Rising prices feature in many economic forecasts for the US. It is seen as part of the reflation meme as the vaccines roll out. There seem to be three threads to the discussion. The first is...
Here in London, it is tempting to resort to black humour with headlines such as ‘Fog in UK-rest of world isolated’ just as financial markets at last appear, after nine insouciant months, to be taking...
Treasury Secretary Mnuchin says the countries are seeking to gain unfair trade advantages. Others, such as China, Japan and Germany remain on a “monitoring list,” alongside newcomers like India, Taiwan and Thailand. US Treasury Secretary...
Investors have turned cautious ahead of the weekend. The US dollar is firmer, stocks are struggling, bond yields are higher, and gold and oil are consolidating. Profit-taking was seen in Asia Pacific equities, and even...
With face masks littering the environment, the search is on for sustainable solutions. Could they be recycled into new products? Or might masks made from organic materials cut pandemic pollution? Jean-Marc Neveu and Olivier Civil...