After a volatile session, the 30-share BSE index ended 431.64 points or 0.98 % higher at 44,259.74. Equity benchmark Sensex rallied 432 points on Thursday, tracking gains in banking and financial stocks as the November […]
Elon Musk tests Starship rocket that will 'SAVE humanity' – and could shuttle your family to Mars
SPACEX has completed a key test of its new Starship rocket that the firm hopes will one day carry astronauts to the Moon and Mars. The California company, owned by billionaire Elon Musk, fired up […]
Indian equities seen lagging other EM peers in the next few months
UBS, Credit Suisse see emerging markets doing well next year, but expect India to underperform, given its rich valuations. Emerging market (EM) equities are likely to outperform in the next few months, but India’s prospects […]
China Reaches Out to Long-Time U.S. Allies South Korea, Japan
In this article China’s top diplomat wound down a trip to Japan and South Korea aimed at boosting ties with the U.S. allies, as the region prepares for the Trump administration to end. China’s Ministry […]
Proposal to allow business houses into banking a ‘good-looking’ step in ‘bad direction’: Kaushik Basu
The proposal might lead to crony capitalism and eventual financial instability, says the former chief economist of World Bank The RBI working group’s proposal to allow corporate houses to set up banks is a ‘good-looking’ […]
AstraZeneca Faces More Vaccine Questions After Manufacturing Error
AstraZeneca Plc and the University of Oxford face mounting questions about their Covid-19 vaccine trial results after acknowledging a manufacturing error. While an announcement earlier this week by Astra and Oxford showed their shot was […]
Wall Street Might Open Lower
Weekly jobless claims, Philadelphia-area manufacturing activity, and Existing Home Sales might get the special attention of investors on Thursday. The U.S. Futures Index’s earlier trading clearly points to a lower open for Wall Street. Asian […]
World’s Biggest Wind Park to Be Built Offshore U.K.
Sign up to receive the Green Daily daily newsletter and follow us @climate. SSE Plc and Norwegian energy major Equinor ASA will proceed with the world’s biggest offshore wind park in the North Sea after […]
Supreme Court blocks some COVID-19 restrictions at religious services in New York, marking a shift from decisions made before Amy Coney Barrett joined the bench
The Supreme Court on Wednesday blocked certain COVID-19 restrictions imposed on churches and other religious services in New York. In a 5-4 vote, the court ruled in favor of the Catholic Diocese and Orthodox Jewish […]
Disney plans to lay off roughly 32,000 workers in the first half of 2021
The Walt Disney Company said Wednesday it plans to terminate the employment of some 32,000 people in the first half of 2021, Variety reported. "Due to the current climate, including COVID-19 impacts, and changing environment […]