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Latest Articles in Erode

COVID-19 Has Demolished The Economy, Exposed Several Fault Lines

The Prime Minister must now focus on the immediate future and act to mitigate the knock-on effects that include credit default, shuttering businesses, capricious markets and the endangered financial system

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Samsung Electronics Beats First-Quarter Estimates, Braces For Bigger Blow From Coronavirus

The global leader in semiconductors is benefiting from higher demand for chips from laptop makers and data centres amid the coronavirus-driven shift to working from home.

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Oil Comes Off Lows As Hopes Of OPEC Cut, Stimulus Counter Virus Gloom

Brent crude was at $51.31 a barrel, up $1.64 or 3.3%, by 0502 GMT, off $48.40, the lowest since July 2017.

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SC Rejects Plea For Relief On $ 13 Billion Telco Levy; Vodafone Tumbles

Shares in Vodafone Idea tumbled as much as 40 pc to a 2-month low on Friday, wiping out nearly USD 1 bn in market capitalisation.

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Supreme Court Rejects Plea For Relief On $13 Billion Telco Levy

Vodafone Idea, a joint venture between Britain's Vodafone Group Plc and India's Idea Cellular, as the unit is saddled with about $3.9 billion in overdue payments, the biggest portion of the entire industry levy.

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Rethinking Wealth Management For The Next Decade

Wealth management firms will need to embrace technology and move to provide holistic, personalised advice that is in sync with evolving investment trends and investor needs.

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Festival Cheers This Diwali?

Etailers are faring well, carmakers are offering best rates, durable firms are eyeing robust growth as well. Industry is cashing in on the festive mood to boost sales and sentiments

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Slowing Indian Economy Spells Tough Times Ahead For Rupee: Report

A barrage of rate cuts from the RBI this year has done nothing concrete so far to revive a slowing Indian economy.

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How Should Investors Look To Re-balance Their Portfolios?

Before making the move, investors need to be clearly aware of the costs involved with re-balancing their portfolios such as brokerage and Securities Transaction Tax, exit load & capital gains tax.

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Imminent Revolution – Cryptocurrency, Branded Money And Erosion Of National Sovereignty

Projects such as Maker and Basis are attempts to achieve precisely this - creating crypto-currencies that can be accepted as if they were "real dollars” and are exchangeable for Fed-dollars on a one-to-one basis. 

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India Likely To Let Budget Deficit Rise As Tax Receipts Fall Short

Slipping fiscal discipline would hurt the "credibility" of the budget and in turn hit investment, the bond market and the rupee

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Reliance Group's Anil Ambani Says Will Make Timely Debt Service Payments

We at the Reliance Group are fully committed to meet our future debt servicing obligations in a timely manner through further asset monetization plans that are already at various stages of implementation: Anil Ambani

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Will China Dump US Bonds As A Trade Weapon? Not So Fast

China's currency, the yuan, is not fully free floating. Beijing uses its Treasury holdings as a key tool to stabilize the yuan within a targeted range, against the dollar in particular.

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Creditworthiness: Mind Your Credit Score

Here are a few things that you need to keep in mind for maintaining a good credit score

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LPG Use In India To Surge From Record As Government Promotes Cleaner Fuel

India consumed a record 24.9 million tonnes of LPG in the financial year 2018/19, 53 per cent higher than five years ago

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