CII has also called for tax incentives for new health care projects and import duty relief for lifesaving equipment. The pandemic is expected to bring a sharper focus on health care in the upcoming Budget (2021-22) from a meagre spend of 0.3 per cent of the gross domestic product (GDP). […]

General Motors Company (NYSE: GM) released its electric car plans last week, which demonstrated the huge commitment it has to that market. At the same time, Tesla, Inc. (NASDAQ: TSLA) faced new competition from vehicles announced and released by several major manufacturers. It is rare that any car company outperforms […]

dv01, a company that provides data analytics and pricing tools for the lending markets, announced Tuesday its acquisition of Pragmic Technologies, a provider of data for agency mortgage-backed securities. The purchase will allow dv01 to expand into the nearly $9 trillion market for agency mortgage bonds. "Data didn't really become […]

If you managed to save a lot of money in 2020, there are a few ways you can put it to work in 2021 to build wealth.  A financial planner recommends paying down high-interest debt, then increasing your retirement savings to get the maximum match from your employer. Then, consider […]

JPMorgan's CEO Jamie Dimon earned $31.5 million from the baking giant in 2020, it announced on Thursday. He received a $1.5 million salary, $5 million cash bonus, and $25 million of restricted stock tied to performance. Dimon has repeatedly said that income inequality is a massive problem in the US. […]

Ahead of the inauguration of President-elect Joe Biden and Vice President-elect Kamala Harris on January 20, the Presidential Inaugural Committee (PIC) has set additional programming to celebrate and honor America’s diversity. The programming will include three events that will stream online highlighting diverse communities. They will feature apperarances and remarks […]

Over the three-month period, Airtel’s stock price has rallied from Rs 432 to Rs 540, while Vodafone Idea has risen from Rs 9.2 to Rs 11.8 per share. In what might be the beginning of a new cycle in the hotly contested telecom sector, Bharti Airtel and Vodafone Idea have […]

James Howells from Newport, Wales, has offered his city council a 25% cut of his 7,500 bitcoins if it allows him to excavate the landfill where he threw it away in 2013. Howells' bitcoin is now worth around $275 million as bitcoin is trading around $37,000 at the time of […]

It is impossible for anyone to explain how markets are hitting record highs during an economic recession.It is both mysterious and surreal, notes Debashis Basu. One of the biggest enigmas among the business and investing community now is, how can the stock market indices hit all-time highs against the backdrop […]