London (CNN)The United Kingdom and European Union have reached a post-Brexit trade agreement after months of fraught negotiations. The breakthrough averts a much-feared “no-deal” scenario that would have sparked economic chaos and risked major disruption to the flow of goods and medicines. “Deal is done,” read the statement from Downing […]

State-owned companies have been set stiff targets to increase accountability as they get ready for divestment. Nikunj Ohri explains why meeting them will be challenging. In trying to meet its ambitious divestment target of Rs 2.1 trillion for the current financial year, the government plans to push ahead with stake […]

Railway employees including station masters, engine drivers, ticket checkers, etc too have been selected for vaccination and their list is being compiled for the exercise. Airline and airport staff in India, too, could get vaccinated on priority like their counterparts in Dubai and Singapore. While the Karnataka government has already […]

Google will open up some of its US corporate spaces for use as COVID-19 vaccination sites, it announced Monday. It says 'buildings, parking lots and open spaces' will be made available for use as vaccination clinics. It will also surface local information in search and Maps on vaccination availability and […]

If Nirmala Sitharaman does indeed present a ‘never-before’ like Budget on February 1, going by her promise, she would create a new benchmark for post-contraction Budgets, observes A K Bhattacharya. A contraction of 7.7 per cent is what the Indian economy is expected to experience during 2020-2021, according to the […]

If we work together with dedication, concentration and effort, we should be able to achieve our aspirational growth target of double-digits for a very long period of time, asserts K V Kamath, the distinguished banker. ‘Economy well placed to capitalise on recovery in 2021’ Before we look ahead to 2021, […]

New York (CNN Business)Nine months. That’s how long it took the world’s top 1,000 billionaires to recoup their fortunes after the coronavirus pandemic hit. More than a decade is how long it could take the world’s poorest to recover, according to Oxfam International’s annual inequality report. The report, released on […]

Bank of England Governor Andrew Bailey is missing an opportunity to fight climate change by buying the debt of polluting companies with no green strings attached, a panel of lawmakers warned. Parliament’s Environmental Audit Committee said the bank should buy low-carbon bonds. It also said large companies that get support […]

As a financial planner, I tell my clients to treat their homes as utilities rather than investments — something you use rather than something that makes you money. The real return on a single-family home is around 1%, less when you factor in the cost of fees and maintenance over […]