Food processing industry seeks 20% export sop
The high taxes on branded food products has led to an increase sale of food in loose form which is unsafe and unhealthy. This has also reduced consumption of packaged … Read More
Month: January 2020
Banks continue to remain wary of lending to NBFCs
Banks undertake purchase of retail pools under the securitization mode to meet their priority sector and retail lending requirements. As per central bank rules, the risk and rewards of the … Read More
U.S. auto safety agency to investigate fatal Tesla crash in California
The fatal Dec. 29 crash of a Tesla Inc vehicle in Southern California will be investigated by the U.S. government’s auto safety regulator, the agency said on Tuesday. – … Read More
U.S. auto safety agency to probe fatal Tesla crash in Los Angeles
The U.S. National Highway Traffic Safety Administration (NHTSA) said late on Tuesday it will investigate a fatal Dec. 29 Tesla Inc crash in Los Angeles that killed two people. … Read More
Exclusive: Drugmakers from Pfizer to GSK to hike U.S. prices on over 200 drugs
Drugmakers including Pfizer Inc , GlaxoSmithKline PLC and Sanofi SA are planning to hike U.S. list prices on more than 200 drugs in the United States on Wednesday, according to … Read More
Wall Street edges higher; S&P closes decade with nearly 190% gain
Wall Street’s major indexes edged higher on Tuesday on a renewed rally fueled by trade optimism, capping off a decade of handsome returns in which the benchmark S&P 500 rose … Read More
Wall St edges higher; S&P closes decade with nearly 190% gain
Wall Street’s major indexes edged higher on Tuesday on a renewed rally fueled by trade optimism, capping off a decade of handsome returns in which the benchmark S&P 500 rose … Read More
Oil posts biggest yearly rise since 2016
Oil prices fell 1% on Tuesday, the last trading day of the decade, but notched the biggest annual gain in three years, supported by a thaw in the prolonged U.S.-China … Read More
Stocks end 2019 near record highs, dollar slides
The dollar slid to a six-month low on Tuesday as progress on U.S.-China trade tensions led investors to higher-risk assets, while a year-end rally that pushed global equity markets to … Read More
S&P 500 inches lower as year-end record rally cools off
The S&P 500 dipped on Tuesday as investors took profits from a year-end rally powered by trade optimism and an improving global outlook, which put the benchmark index on track … Read More