economic news philippines
- ECONOMY
PVR To Invest Rs 150 Crore To Add 30-40 Screens Next Fiscal
Multiplex major PVR Ltd. plans to invest Rs 150 crore to open up to 40 screens across the country in…
Read More » - ECONOMY
Young Women Investors More Likely To Opt For High-Risk, High-Return Assets, Says Survey
Young women investors in the age group of 18-25 years are three times more likely to choose a high-risk, high-return…
Read More » - ECONOMY
Parliament To Reconvene From Monday To Continue Budget Session
The month-long second part of the Budget session of Parliament begins on Monday in the middle of a high octane…
Read More » - ECONOMY
Power Demand Recovering, But Supply Additions Strong, Led By Renewables: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Mines Ministry Seeks Provision To Auction Mineral Blocks In Certain Cases
The Mines Ministry has proposed a clause to enable the central government to auction mineral blocks in case the states…
Read More » - ECONOMY
Thinkpad: Where Goes The Rupee…
Happy Sunday. It was a slow news week. Not that we are complaining. It gave us time to catch up…
Read More » - ECONOMY
U.S. Cases Ease Further With Stimulus on the Way: Virus Update
U.S. Covid-19 cases increased by about 65,000 Friday, in a week in which new infections declined by 12%. Many states…
Read More » - ECONOMY
The Mutual Fund Show: What You Need To Know About Motilal Oswal, Edelweiss AMC’s New Passive Fund Offers
While the debate over whether investors should buy and sell stocks directly to beat benchmarks or are they better off…
Read More » - ECONOMY
U.S. Vaccinated Half Its Seniors. The Next Half Will Be Harder
(Bloomberg) — More than half of Americans 65 years old and over have gotten a Covid-19 vaccination, but lingering hesitancy…
Read More » - ECONOMY
Muni Bonds Prove a Refuge for Investors Hiding From Rising Rates
(Bloomberg) — For now at least, America’s state and local government bonds are a refuge from the losses piling up…
Read More » - ECONOMY
Empowering India With Next-Generation Financial Infrastructure
FINANCIAL INCLUSION The ‘National Strategy for Financial Inclusion for India 2019-2024’ (1) document released by RBI speaks volumes about the…
Read More » - ECONOMY
Biden Stimulus Faces Lengthy Final Gantlet of Senate Votes
(Bloomberg) — Senate Democrats face a gauntlet of Republican attempts to rein in President Joe Biden’s $1.9 trillion stimulus package…
Read More » - ECONOMY
World’s Worst Covid Crisis Is Unfolding in Brazil, Where No Fix Seems to Work
(Bloomberg) — More than a year after a spiked virus launched a murderous campaign across the globe, most countries have…
Read More » - ECONOMY
Jalapeño Popper Chicken Is More Interesting Than Any Old Sandwich
(Bloomberg) — Editor’s Note: As more people are working from home, Bloomberg Pursuits is running a weekly Lunch Break column…
Read More » - ECONOMY
Lenders Agree To JSW Steel’s Terms For Buying Bhushan Power & Steel
Lenders to Bhushan Power & Steel Ltd. have agreed to terms set by JSW Steel Ltd. for purchasing the assets…
Read More » - ECONOMY
Top Idea Picks For March: KRChoksey
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Reliance To Cover Covid-19 Vaccination Costs For Employees, Families
Billionaire Mukesh Ambani’s Reliance Industries Ltd. will bear the cost of vaccinating its employees and their immediate family, totaling an…
Read More » - ECONOMY
Biden Stimulus Faces Lengthy Final Gauntlet of Senate Votes
(Bloomberg) — Senate Democrats face a gauntlet of Republican attempts to rein in President Joe Biden’s $1.9 trillion stimulus package…
Read More » - ECONOMY
Luokung Sues To Get Off Trump Blacklist of Chinese Companies
(Bloomberg) — Luokung Technology Corp. asked a U.S. court to reverse its last-minute inclusion by the Trump administration on a…
Read More » - ECONOMY
True To His Name; Thierry Closes Wipro’s Largest Acquisition: Dolat Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
CCL Products – Vietnam To Drive Growth In The Medium Term: Nirmal Bang
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Tokyo Extends Emergency; Australia Doses Blocked: Virus Update
(Bloomberg) — Japan recommended extending its virus state of emergency by two weeks for the Tokyo region set to expire…
Read More » - ECONOMY
Sectors That Saw Foreign Inflows And Outflows In February
Overseas investors remained net buyers in Indian equities for the fifth straight month, helping benchmark indices scale new records after…
Read More » - ECONOMY
Markets Live: SGX Nifty Indicates Losses; Wipro, Heranba, IRCTC In Focus
Good Morning! Indian equities snapped a three-day winning streak on Thursday on account of expiry related volatility and weak global…
Read More » - ECONOMY
I Wrote a Book on Chinese History. It Was Stolen By Pirates on Alibaba
(Bloomberg Opinion) — I’m a victim of Chinese pirates. Not the seafaring cutthroats with parrots on their shoulders. The treasure…
Read More » - ECONOMY
Passenger Car Registrations Beat Pre-Covid Level For Fourth Straight Month
Sale of passenger cars at dealerships stayed above the pre-pandemic March level for the fourth straight month even as overall…
Read More » - ECONOMY
Hiring Activities Rose In February, Shows Naukri JobSpeak Index
Digitisation and automation drove record sequential growth of 22% in all hiring activities in February, according to a report. Hiring…
Read More » - ECONOMY
TWo Airline Titans Weigh In on the Future of Flight
(Bloomberg Opinion) — One year into the Covid-19 pandemic and a few months into the vaccine rollout, demand for air…
Read More » - ECONOMY
Franklin Templeton, Insider Trades And A Missing Link In Mutual Fund Regulation
To be sure, SEBI’s prevention of insider trading regulations do not cover mutual fund units. But trustees, asset management companies,…
Read More » - ECONOMY
Capgemini To Cover Vaccination Cost For India Employees, Their Dependents
French information technology major Capgemini on Thursday said it will cover the cost of the Covid-19 vaccination for all eligible…
Read More » - ECONOMY
China Lawmakers Get Shots; Rugby Sevens Return: Virus Update
(Bloomberg) — An experimental vaccine developed by India’s Bharat Biotech International Ltd. showed 81% efficacy in an interim clinical trial.…
Read More » - ECONOMY
As Biggies Rush To Apply For An NUE, Where’s The ‘Ah Ha!’ Idea?
The Reserve Bank of India’s invitation to set up a new umbrella entity for retail payments has drawn in a…
Read More » - ECONOMY
Consumers Saved $2.9 Trillion During the Pandemic. Their Money Will Drive the Global Recovery
(Bloomberg) — Consumers in the world’s largest economies amassed $2.9 trillion in extra savings during Covid-related lockdowns, a vast cash…
Read More » - ECONOMY
Sterlite Tech Says Optical Fibre Price Correction Won’t Impact Growth
Sterlite Technologies Ltd., one of the biggest providers of optical fibre cable to telecom and broadband operators in India, is…
Read More » - ECONOMY
How Operators Stack Up After Telecom Spectrum Auction
India received bids for Rs 77,815 crore worth of spectrum as telecom operators strengthened 4G capacity and focussed on 5G…
Read More » - ECONOMY
Huhtamaki India – Pandemic Led Disruptions Hit Performance: ICICI Direct
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Gujarat State Petronet’s Concerns Ease As Parent’s Debt Declines: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Billionaire Lemann Is Stepping Down From Kraft Heinz’s Board
(Bloomberg) — Jorge Paulo Lemann is leaving the board of Kraft Heinz Co., the giant consumer company he helped put…
Read More » - ECONOMY
Indian Vaccine Effective; Record Deaths in Brazil: Virus Update
(Bloomberg) — An experimental vaccine developed by India’s Bharat Biotech International Ltd. showed 81% efficacy in an interim clinical trial.…
Read More » - ECONOMY
Junk Bonds Prove to Be a Shelter From the Rates Storm
(Bloomberg Opinion) — The junk-bond market has never offered such low yields. And yet, it might just be the best…
Read More » - ECONOMY
House Set to Pass Elections Overhaul, But Senate Action Unlikely
(Bloomberg) — House lawmakers are slated to pass a landmark bill Wednesday that would overhaul nearly every aspect of U.S.…
Read More » - ECONOMY
Now Could Be Buffett’s Moment to Lend America a Hand
(Bloomberg Opinion) — From a new presidential slogan of “Build Back Better” to an economy strained by supply chain problems…
Read More » - ECONOMY
JPMorgan Adds Goldman Dealmaker to Strategic Investors Team
(Bloomberg) — JPMorgan Chase & Co. is hiring Haidee Lee from Goldman Sachs Group Inc. as head of mergers and…
Read More » - ECONOMY
Regional Bank M&A Won’t Easily Fix the Tech Gap
(Bloomberg Opinion) — Regional U.S. banks are having something of a moment. After M&T Bank Corp. agreed last week to buy…
Read More » - ECONOMY
Construction And Infra Sector Update – February 2020: Dolat Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
MTAR Technologies IPO Note: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Sensex, Nifty Recover All Of Friday’s Drop; Record High For Midcap Index
Indian equities recovered all of Friday’s biggest single-day drop in nine months with gains over the last three trading sessions.…
Read More » - ECONOMY
Telecom Spectrum Auction Update – Prudent Investment By Bharti Airtel: ICICI Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
How India’s EV Push Has Not Gone As Planned For Two-Wheelers
While experts ascribe the poor policy performance to many reasons, the primary one seems to be a short-term approach. The…
Read More » - ECONOMY
Luxury Home Rents Rise Faster Than Prices In Last Seven Years, Yields Still Low, Says Anarock
The luxury residential market, however, now appears to have recovered with demand for homes on rent is now almost back…
Read More »