A term insurance plan needs to be reviewed and added to at different stages in life We all will agree with the premise that our financial goals and needs keep changing at different phases of our lives. To stay financially secure during all these phases, it is important to have a term life insurance plan. Term insurance that provides a […]
Read more
Inflation to dip below 6% soon, but stay in 5-6% range: CEA Chief Economic Adviser (CEA) Krishnamurthy Subramanian acknowledged on Thursday that some parts of the economy may be witnessing a K-shaped recovery, as smaller firms and urban poor had been hit harder by the pandemic, but stressed that India’s overall economic rebound remains V-shaped. Also, retail inflation would slip […]
Read more
India’s gold demand increased by 19.2% to 76.1 tonne during the April-June quarter this year, largely due to low base effect, owing to the nationwide lockdown that hit economic activity last year, the World Gold Council (WGC) said in a report. The overall gold demand during the second quarter of 2020 calendar year stood at 63.8 tonnes, according to the […]
Read more
Cabinet approves deposit insurance law amendments on lenders in moratorium Depositors in ailing banks such as PMC Bank may get some relief soon, with the Cabinet on Wednesday clearing amendments to the country’s deposit insurance law to return up to ₹5 lakh of their savings within 90 days of the central bank’s imposition of a moratorium on a bank’s operations. […]
Read more
US, German deal on Nord Stream 2 pipeline will ‘undermine’ national security: Mike Pompeo Former Secretary of State Mike Pompeo on U.S. and Germany reaching an agreement on the Russian Nord Stream 2 pipeline, arguing the deal will benefit ‘rich oligarchs in Russia’ and ‘wealth elites in Germany.’ The U.S. and Germany have made a deal to avoid sanctions on […]
Read more
Fathom Digital Manufacturing Corp., an industry leader in on-demand digital manufacturing services, and Altimar Acquisition Corp. II (ATMR), a special purpose acquisition company sponsored by an affiliate of HPS Investment Partners, LLC, announced Friday that they have entered into a definitive business combination agreement, pursuant to which, Fathom and Altimar will combine. The deal values Fathom at approximately $1.5 billion. […]
Read more Fox Business Flash top headlines for July 12 Check out what’s clicking on FoxBusiness.com. LONDON, July 13 – British manufacturers and those in other parts of Europe want to move more of the supply chain for batteries used in electric cars and renewable energy away from China and closer to their plants, a survey showed on Tuesday. Stocks in this […]
Read more ASGN Inc.(ASGN), a provider of IT and professional services, Thursday announced two transactions, and also increased its financial estimates for the second quarter. The company said it entered into a definitive purchase agreement to sell its Oxford Global Resources business unit to an affiliate of alternative investment firm H.I.G. Capital for $525 million in cash. The deal closure is anticipated […]
Read more
Nirmala Sitharaman on Monday announced a new loan guarantee scheme for tourism sector The impact of the relief package announced by Union Finance Minister Nirmala Sitharaman for travel agents would be “minuscule”, as it covered only those who were registered with the Ministry of Tourism and left out a vast majority of those who were affiliated with State tourism boards […]
Read more