Why Are Banks Wooing You?

When he didn’t respond (Mr Saver has lost count of how many relationship managers he has had in the past few years!), the gentleman landed up at his doorstep and started pleading with him to open fixed deposits with the bank, observes Tamal Bandyopadhyay. Let’s call him Mr Saver. He […]

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Volkswagen’s $193 Billion

Volkswagen wants to compete in the electric vehicle (EV) market in a way that may never be surpassed. It plans to invest $193 billion to be a leader in the arena. The figure is staggering, even by the standards of global manufacturers such as Ford and General Motors. Like other […]

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Why Scotch Whisky Makers Are Worried

India is the UK’s second-largest market by volumes for Scotch, importing the equivalent of 136 million bottles, worth £146.2 million, in 2021. The Scotch Whisky Association, the trade body representing Scotch producers of the UK, has urged the British government to negotiate safeguards with its Indian equivalent under the ongoing […]

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Cities With the Worst Traffic in the Country

With pandemic-era restrictions largely lifted, traffic congestion is getting worse in much of the United States. As Americans return to the office, roads that were once virtually deserted are now filled with rush hour traffic.  Traffic delays are expensive, costing American drivers an estimated $100 billion annually in wasted fuel […]

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European Shares Gain As Recession Worries Ease

European stocks traded higher on Friday after a survey showed the recovery in euro zone business activity gathered pace in February. S&P Global’s Composite Purchasing Managers’ Index (PMI) reached an eight-month high of 52.0 last month from 50.3 in January, helping ease worries of a euro zone recession for now. […]

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