Whether one likes it or not, services constitute the value-addition sector that the country has to build on, using its comparative advantage in infotech and related skills, suggests T N Ninan. There is much angst among policy-makers over the failure of India’s manufacturing story. The Atmanirbhar Bharat initiative is indirect […]
Gen Z is projected to be the largest US consumer base by 2026. The COVID-19 pandemic has only accelerated a trend toward digital banking. Fintechs are trying new tools and marketing to reach the younger generation. Visit the Business section of Insider for more stories. Taylor Krebs remembers her friends’ […]
One would think that President Biden’s initiative on climate change would be the worst possible scenario for the energy sector. He stopped construction on the XL pipeline, halted drilling on government land and rejoined the Paris Climate Agreement via executive order, putting a shudder through energy investors. According to many […]
Marqeta has announced its credit card issuing debut. This move enables it to round out its payment card processing and issuing services. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn more about becoming a client. Only days after beginning IPO preparations, the API issuer-processor […]
Since last Friday, mortgage and refinance rates have swelled considerably. However, they are still at all-time lows in general. If you’re prepared to buy a home or refinance, you should probably consider a fixed-rate mortgage instead of an adjustable-rate mortgage. Darrin English, Senior Community Development Loan Officer at Quontic Bank, told Insider ARMs […]
While the levy applied only to digital advertising services till last year, Budget widened the scope to impose a 2% tax on foreign e-commerce players. The central government’s clarification on the 2 per cent equalisation levy on foreign digital operators in the Budget, which considerably expands the scope of the […]
Dan Pearson, a former chairman of the US International Trade Commission, is a trade policy fellow at Americans for Prosperity. The opinions expressed in this commentary are his own. As US Trade Representative-designate, Katherine Tai finds herself in an ironic situation: The most important country she will have to push to open […]
Amid tight restrictions imposed to control the coronavirus pandemic, the UK economy contracted at a record pace in 2020, although the output grew at a faster-than-expected pace in the fourth quarter, avoiding a risk of another recession. Gross domestic product logged a decline of 9.9 percent in 2020 with all […]
Asian stocks fell in thin holiday trading on Friday as U.S. President Joe Biden’s comments on China stoked worries that relations between the two nations could sour further. After a two-hour call with Chinese counterpart Xi Jinping on Wednesday, Biden warned lawmakers, “If we don’t get moving, they are going […]
Vlad Tenev, founder of retail stock trading app Robinhood, told a House Committee on Thursday that “the financial system should be open to everyone,” including frenzied buyers of GameStop and AMC Entertainment whipped up by a Reddit chatroom. He apologized profusely that a funding rule had forced the app to […]
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