Business

President Joe Biden talks to reporters on the South Lawn of the White House, in Washington, U.S., March 14, 2021.Cheriss May | ReutersPresident Joe Biden said Monday he is not worried that a plan to increase corporate America's tax bill…

A man walks in front of a Nike products exhibit, on February 22, 2021 in New York City.John Smith | Corbis News | Getty ImagesNike on Thursday reported higher third-quarter profits even though sales growth was hurt by widespread port…

Fitch Ratings on Friday said the second COVID-19 wave poses increased risks for India’s fragile economic recovery and its banks.The rating agency expects a moderately worse environment for the Indian banking sector in 2021, but headwinds…

Every Tamil movie buff must be knowing that Chiyaan Vikram, one of the biggest superstars of Kollywood, didn't have it easy when it comes to his acting career. He didn't start off with a bang. Starting off as a…

The Inn of Rosslyn, which is permanently closed due to pressure from the Covid-19 pandemic, on Feb. 5, 2021 in Arlington, Virginia.Liu Jie/Xinhua via Getty Images'Breathtaking'In all, those long-term unemployed represented 24% of the 9.9…

Investors finally got a look at GameStop's fundamentals following a Reddit-fueled trading frenzy earlier this year and were left wanting more from the video game retailer.Here's what the company announced after the bell Tuesday.It released…

Fitch Solutions sees RBI keeping benchmark interest rates unchanged during the fiscal to March 2022 following its decision to buy ₹1 lakh crore of government bonds. “We had initially expected another policy rate cut to arrest the rise in…

99 Songs Movie Review: Oscar-winner and one of India's biggest music legends, AR Rahman is turning both producer and writer with 99 Songs. With a fractured release thanks to COVID-19, 99 Songs might not be releasing…

Jamie Dimon is bullish on the U.S. economy – at least for the next few years.In his annual shareholder letter, the long-time JPMorgan Chase chairman and CEO said he sees strong growth for the world's biggest economy, thanks to the U.S.…

Earlier today, it was confirmed that actor Kartik Aaryan has been ousted from Karan Johar's Dostana 2 citing unprofessional behaviour. It also came to light that Karan Johar's production house Dharma Productions will no longer work with…

Jason Kempin | Getty Images Entertainment | Getty ImagesThe furniture retailer RH, formerly Restoration Hardware, on Wednesday reported fourth-quarter earnings and sales that topped Wall Street estimates, as it continued to see robust…

The Indian economy is in a better shape as compared to the previous COVID-19 wave witnessed last year because of vaccines, Chief Economic Adviser (CEA) K. V. Subramanian said on Friday.“There is a second wave therefore people should be…

Actress Gul Panag feels enough is not being done for the environment, though she doesn't think it is a result of indifference. "I think a lot of us are aware of what kind of an existential crisis the environment…

Federal Reserve officials indicated at their last meeting that easy policy will stay in place until it produces stronger employment and inflation, and won't be adjusted based merely on forecasts.The Federal Open Market Committee on…

Diners wearing protective masks wait outside an Olive Garden restaurant in Thornton, Colorado, on Friday, March 19, 2021.Chet Strange | Bloomberg | Getty ImagesDarden Restaurants on Thursday reported quarterly earnings that topped analysts'…

The allotment of shares for initial public offer (IPO) of Macrotech Developers, one of India's largest real estate players,is being done today.  The IPO received lukewarm response from investors from April 7 to April 9. The share sale was…

FY21 collections exceed estimates at ₹9.45 lakh cr.; ‘fiscal deficit may be lower’ India’s net direct tax collections for the pandemic-hit financial year 2020-21 grew by almost 5% year-on-year to ₹9.45 lakh crore, exceeding the revised…

Amazon Prime Video today announced the digital premiere of the recently released sports biopic, Saina. With Parineeti Chopra as the lead, the film follows the career highs and lows of Saina Nehwal, one of India's ace shuttlers and one of…

American reality TV star Kris Jenner has revealed the reason behind helping her ex-Caitlyn Jenner to rebuild her career. On the April 15's episode of 'Keeping Up With the Kardashians', Jenner proved that her issues…

Federal Reserve Governor Lael Brainard said Wednesday that while the U.S. economic outlook has "brightened considerably," it remains well away from the central bank's goals."Brighter outlook, but of course our monetary policy forward…

Pedestrians wearing protective masks carry Victoria's Secret Stores LLC shopping bags in San Francisco, California, U.S., on Wednesday, Feb. 17, 2021.David Paul Morris | Bloomberg | Getty ImagesVictoria's Secret-owner L Brands raised its…

Ferrying essentials may be hit as drivers head for hometowns; fresh orders on hold As COVID-19 cases continue to spike in several parts of the country, fears of a fresh nationwide lockdown have caused panic among transporters and MSMEs.…

Ashoka Buildcon stock opened with a gain of 3.99% today at Rs 92.50. It touched an intraday high of Rs 98.5 rising 10.74% against previous close of Rs 88.95 on BSEAshoka Buildcon share trades higher than 200 day moving averages but lower…

On the 132nd birth anniversary of comedy legend Charlie Chaplin, Bollywood star Kangana Ranaut commemorated the occasion by paying a tribute to the late artist on her social media. The 'Queen' actor took to her…

Adewale Adeyemo, Treasury Secretary Janet Yellen's deputy, on Wednesday said increasing the U.S. corporate tax rate to 28% will not make American companies less competitive, because the Biden administration is confident it can win the…

Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021.David Paul Morris | Bloomberg | Getty ImagesLululemon on Tuesday reported revenue and profit for the fiscal fourth…

The IMF Deputy Chief Economist, Petya Koeva Brooks also made a strong case for an additional economic stimulus to address the impact of the pandemic on the country’s economy. India, which is projected to grow at an impressive rate of…

IMF expects the UAE’s economy to grow this year by 3.2%, with Dubai’s World Expo, now rescheduled for October 2021, key to the nation’s recovery Middle East economies are recovering from the coronavirus pandemic faster than…

Cautioning that partial lockdown measures could impact the movement of labour and goods, leading to a decline of up to 50% in production, India Inc believes stringent implementation of safety norms is a better option than partial…

Project execution rate highest since March 2016; private sector and government-backed capital spending taking off Fresh investments rebounded strongly in the last quarter of 2020-21, with both private sector and government-backed…