ECONOMY
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Fed’s Digital Dollar Would Look Nothing Like Bitcoin
(Bloomberg Opinion) — Treasury Secretary Janet Yellen recently mentioned the idea of creating a so-called digital dollar — a new…
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Not Worried About Rating Agencies, Says Nirmala Sitharaman
India’s borrowing plans in the next fiscal won’t crowd out the private sector as there will be predictability and enough…
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LIC’s ‘Yogakshemam Vahamyaham’ Philosophy Delivers Customer Delight And Powers Nation Building
Thanks to this deep customer focus, LIC went from strength to strength despite the COVID-19 pandemic that severely affected businesses…
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Government Notifies New Rules For Social Media, Digital News And OTT Platforms
Experts View While the fine print of the rules is yet to be made public, some experts said regulation of…
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A Trump Tax Break Kicked Off a Race to Redraw U.S. Census Maps
(Bloomberg) — In hockey, it’s the equivalent of moving the red line. Two years ago, the Pittsburgh Penguins, along with…
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The Fed May Need to Head Off a Money-Market Mess
(Bloomberg Opinion) — Investors are worried that a flood of cash could soon disrupt U.S. money markets, as the Treasury…
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Inside Bloomberg’s Covid Resilience Ranking
(Bloomberg) — Everyone is fighting the same coronavirus, but about a year into the pandemic, quality of life and control…
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Auto OEM Monthly Preview – Tractor, PVs Continue To Shine; Domestic Two-Wheeler In Slow Lane: Dolat Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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India’s Economic Recovery Sustains; Growth May Turn Positive In Q4 FY21: Nirmal Bang
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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China Builders Soar on Land Rules Seen to Favor Big Players
(Bloomberg) — Shares of Chinese developers soared after at least two cities released new land sales rules that may benefit…
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Retail Brokerage Tells IPO-Hungry Clients: Buy Our Stock First
(Bloomberg) — A Kazakhstan-based broker is riding the twin wave of retail investing and the frenzy around U.S. stock listings…
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Cement’s Volume Growth Turns Positive As Costs Remain Low: Nirmal Bang
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Retail Investors Redirecting Funds Away From Mutual Funds: SEBI’s Ajay Tyagi
A surge in retail participation betting on a rebound from the pandemic-triggered selloff has started to wane. At least that’s…
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Embargo On Private Banks Lifted For Government Business: A Welcome Move, Says ICICI Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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IRCTC – A Moat Of ‘Exclusivity’: Dolat Capital Initiates Coverage
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Hotel Sector Check: Corporate Demand Recovery, A Key Trigger, Says Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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MTAR Technologies To Sell Shares At Rs 574-575 Apiece In IPO
MTAR Technologies Ltd. will sell shares at Rs 574-575 apiece in its initial public offering next week. The maker of…
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Bharti Airtel Raises $1.25 Billion Through Debt Instruments
Bharti Airtel Ltd. on Thursday said it has raised $1.25 billion through issuance of debt instruments. The debt fund raising…
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RBI Governor Says There Was Room For An ARC Funded By Banks
Reserve Bank of India Governor Shaktikanta Das said there was room for a strongly funded asset reconstruction company, as proposed…
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Deal for Key Metal in EV Revolution Brought Bonanza for Newcomer
A transfer of lucrative cobalt and copper assets by the Democratic Republic of Congo’s state mining company enabled a little-known…
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Infra.Market Becomes India’s Latest Unicorn After $100-Million Fundraising
Infra.Market has raised $100 million in a growth round led by led by Tiger Global, valuing the procurement marketplace for…
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Junk Bonds With Low Yields? Here’s Why They’re Hot
(Bloomberg) — High-yield bonds that don’t pay very much? Sounds like an oxymoron, or maybe unwise. But investors are pouring…
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BofA Securities Expects Aditya Birla Capital’s Profit To Double Over Two Years
Shares of Aditya Birla Capital Ltd. surged after BofA Securities initiated coverage on the financial services provider with a ‘buy’…
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Max Financial Stock Hits A Record High As Analysts Up Targets After Axis Deal
Shares of Max Financial Services Ltd. jumped to a record high as analysts raised price targets after the insurance regulator…
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Two Telecom Lines Fail to Save World’s Top Derivative Bourse
(Bloomberg) — Less than an hour into trading in India’s $2.7 trillion stock market on Wednesday, dealers saw index levels…
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Asia Starts Vaccination Programs; J&J Gets Big Win: Virus Update
(Bloomberg) — Vaccination programs are rolling out across Asia this week, from Hong Kong to South Korea. Johnson & Johnson’s…
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U.K. Sanctuary Offer for Hong Kong Activists Is Great If You Can Afford It
(Bloomberg) — In August 2019, Sophia’s hip was broken in clashes with Hong Kong police during a protest against China’s…
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PMO To Review New Labour Rules; Decide Implementation Timeline
Key Concerns Remain In its presentation, the Labour Ministry will highlight the biggest concern expressed by employers — regarding a…
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Happiest Minds Maintains 20% Growth Forecast For FY22
Happiest Minds Technologies Ltd. aims 20% operating revenue growth for the upcoming financial year as businesses continue to move online…
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Global Reflation Fears: Does India Need To Worry?
With governments and central banks continuing to add stimulus to support their respective economies, global markets have started to worry…
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Coronavirus India Updates: Active Cases Fall Below 1.47 Lakh; Government Teases Vaccine Phase Two
Senior Citizens, 45-Plus With Comorbidities Can Get Covid-19 Vaccine From March 1 Everyone above 60 years of age and those…
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Rao’s Homemade Owner Sovos Brands Said to Explore Sale, IPO
(Bloomberg) — Private equity firm Advent International is exploring strategic options for Sovos Brands, a food and beverage company with…
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Shot Hailed as Super Effective; J&J Gets Big Win: Virus Update
(Bloomberg) — The shot made by Pfizer Inc. and BioNTech SE was overwhelmingly effective against the virus in a study,…
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Nvidia Gives Bullish Forecast on Gaming, Data Center Demand
(Bloomberg) — Nvidia Corp. gave a bullish forecast on robust demand for chips used by video gamers and data center…
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New York Prosecutor Seeking Information in Probe of Steve Bannon
(Bloomberg) — Manhattan prosecutors have started gathering information in an investigation of Steve Bannon, the former presidential aide who was…
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Texas Deep Freeze Could Cost $90 Billion in Losses, Modeler Says
(Bloomberg) — Texas’s deep freeze and power outages last week could cost as much as $90 billion in losses, and…
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AstraZeneca Hopes New Data Gets Its Covid Vaccine Back on Track
(Bloomberg Businessweek) — Tens of millions of people around the world are desperately trying to get their hands on a…
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Axis Entities Gets Regulator’s Nod To Buy Stake In Max Life Insurance
Max Financial Services Ltd. on Wednesday said the Insurance Regulatory and Development Authority of India has given its approval for…
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Petrobras Needs Investment, Less Volatile Pricing, Luna Says
(Bloomberg) — Petroleo Brasileiro SA’s incoming chief executive officer wants to continue opening the refining industry to outside investment and…
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Two Telecom Lines Fail to Protect World’s Top Derivative Bourse
(Bloomberg) — Less than an hour into trading in India’s $2.7 trillion stock market on Wednesday, dealers saw index levels…
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Shareholders Of Prime Focus Move SAT Over Open Offer Price By Promoters
Prime Focus Ltd.’s shareholders, including Reliance Media Works Financial Services, have moved the Securities Appellate Tribunal over the price of…
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PNB Housing Finance To Raise $100 Million From JICA, Citibank
PNB Housing Finance Ltd. on Monday said it has signed an agreement with Japan International Cooperation Agency and Citibank to…
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Crisil Says Indian Corporate Bond Market Can Double By March 2025
The supply of corporate bonds in the domestic market is expected to double to Rs 65-70 lakh crore by fiscal…
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Monetise and Modernise Is Our Mantra: PM Narendra Modi
Prime Minister Narendra Modi on Wednesday made a strong case for the government’s new privatisation policy, saying it is moving…
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Former Mining Exec Details Suitcase Full of Cash He Used to Seal Deals
(Bloomberg) — A former Glencore director said he used to fly the world carrying a bag full of cash to…
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Holmes, Prosecutors Trade Blame for Crippled Theranos Database
(Bloomberg) — Elizabeth Holmes is trying to turn the tables on federal prosecutors by arguing they have themselves to blame…
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Axis Securities, IIFL Securities Bag Karvy’s Broking, Demat Accounts
Axis Securities Ltd. and IIFL Securities Ltd. have won bids to acquire trading and demat accounts held by Karvy Stock…
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South Africa Budgets to Provide Free Coronavirus Vaccines
(Bloomberg) — South Africa’s National Treasury said it’s set aside sufficient funds to provide free coronavirus vaccines to all those…
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South Africa Limits Tax Hikes to Virus-Hit Booze and Tobacco
(Bloomberg) — South Africa’s alcohol and tobacco industries, already reeling by coronavirus restrictions that banned the sale of products, are…
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South Africa to Bailout Land Bank After Debt Default
(Bloomberg) — South Africa’s National Treasury allocated 7 billion rand ($481 million) to recapitalize the country’s distressed state-owned agricultural lender…
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