Signs of recession worry Trump  ahead of 2020

Signs of recession worry Trump ahead of 2020

Sunday, 18 August 2019 | PTI | Washingto

President Donald Trump is warning of an economic crash if he loses reelection, arguing that even voters who personally dislike him should base their ballots on the nation’s strong growth and low unemployment rate. But privately, Trump is growing increasingly worried the economy won’t look so good come Election Day. The financial...

Sebi provides clarity on mutual fund investments in short-term bank deposits

Saturday, 17 August 2019 | PTI | New Delhi

Mutual fund houses should ensure that banks — where a scheme has parked funds in the lender’s short-term deposits — do not invest in that particular scheme, according to Sebi. The markets watchdog has issued a clarification regarding ‘parking of funds in short-term deposits of scheduled commercial banks by mutual funds...

Axis Bank inks pact with CSC to boost banking facilities

Saturday, 17 August 2019 | PNS | New Delhi

Axis Bank announced signing of an agreement with CSC e-Governance Services India Ltd to enhance digital and kiosk banking facilities in many rural unbanked and under-banked areas of the country thus furthering the cause of financial inclusion to these underserved communities. On the occasion, CEO, CSC SPV, Dinesh Tyagi said, “Association...

Over 3K temporary jobs cut due to slowdown: Maruti Suzuki

Saturday, 17 August 2019 | PTI | New Delhi

Over 3,000 temporary employees have lost jobs with the country’s largest carmaker Maruti Suzuki India (MSI) due to the ongoing slump in the automobile industry, a top company executive has said.   MSI Chairman R C Bhargava said contracts of the temporary workers were not renewed due to the slowdown while...

FM says still in talks with PMO in reviving sentiment

Saturday, 17 August 2019 | PTI | Ahmedabad

Finance Minister Nirmala Sitharaman on Friday said her officials are in discussions with their counterparts in the PMO and once the talks are over government will figure out what remedial steps should be taken and announce the same. However, she refused to say if Government is planning to come out with...

Fitch Ratings raises Reliance outlook to positive

Saturday, 17 August 2019 | PTI | new delhi

Fitch Ratings on Friday raised the outlook on Reliance Industries (RIL) to positive from stable due to the company’s potential to further deleverage following its announcement to eliminate its net debt by March 2021. In a statement, Fitch said it is revising “the outlook on RIL’s Long-Term Local-Currency issuer default rating...

Jet Airways quarterly results delayed amid ‘complexities of issues’

Saturday, 17 August 2019 | PTI | New Delhi

With the “complexities of issues” being faced by Jet Airways, financial results for the June quarter are yet to be finalised and the process is taking time, according to a communication. The affairs of Jet Airways, which closed down its operations on April 17, are now being managed by resolution professional...

Gold climbs Rs 475 on jewellers’ buying

Saturday, 17 August 2019 | PTI | New Delhi

Gold prices on Friday surged Rs 475 to Rs 38,420 per 10 gram at the bullion market here on fresh buying from jewellers, according to the All-India Sarafa Association. Tracking gold, silver also gained Rs 378 to Rs 44,688 per kg on increased offtake by industrial units and coin makers. Pick-up...

Sunday Edition

Game on!

18 August 2019 | Pioneer | Agenda

Krishna, the nation builder

18 August 2019 | Dr. Asha Goswami | Agenda

Happiness in digital world

18 August 2019 | Dr Awdhesh Singh | Agenda

Faith does more than heal

18 August 2019 | Ajit Kumar Bishnoi | Agenda

Astroturf | Let love play the game changer

18 August 2019 | Bharat Bhushan Padmadeo | Agenda

Art for the soul

18 August 2019 | Shalini Saksena | Sunday Pioneer