Tuesday 22nd January 2019,
Radio Metta

Business

It’s Not Marriage, But Money That Keeps Most Urban Housewives Away From Starting Own Business: Study

It’s Not Marriage, But Money That Keeps Most Urban Housewives Away From Starting Own Business: Study

The last five years saw an unprecedented entrepreneurial boom in India with small to mid-scale start-ups proliferating at a dime a dozen rate. However, a new study reveals that not all men and women have benefited equally from this growth spurt which has remained largely male dominated. In a study called ‘Britannia Marie Gold Indian [...]

January 20, 2019 Loknath Das Business Comments Off on It’s Not Marriage, But Money That Keeps Most Urban Housewives Away From Starting Own Business: Study

Blue Apron shares bounce back to over $1, lowering its risk of getting delisted

Blue Apron shares bounce back to over $1, lowering its risk of getting delisted

Lucas Jackson | Reuters Blue Apron CEO Matthew B. Salzberg, center, celebrates with co-founders Ilia Papas, second from right, and Matt Wadiak during the company’s IPO on the New York Stock Exchange in New York, June 29, 2017. Blue Apron bounced back to over a dollar per share Friday as the stock skyrocketed for a [...]

December 30, 2018 Loknath Das Business Comments Off on Blue Apron shares bounce back to over $1, lowering its risk of getting delisted

Gold hits 6-month peak on stock sell-off, decelerating economy

Gold hits 6-month peak on stock sell-off, decelerating economy

Gold options activity explodes   11:17 AM ET Mon, 24 Dec 2018 | 07:01 Gold scaled a six-month peak on Monday as sliding stock markets and concerns about a global economic slowdown sapped risk sentiment, driving investors to seek safety in the precious metal. Spot gold gained 1 percent to $1,268.38 per ounce at 1:40 p.m. [...]

December 26, 2018 Loknath Das Business Comments Off on Gold hits 6-month peak on stock sell-off, decelerating economy

Cramer’s game plan: Between the Fed, China and Apple, get ready for more volatility

Cramer’s game plan: Between the Fed, China and Apple, get ready for more volatility

Between Fed, China and Apple, get ready for more volatility   7:09 PM ET Fri, 7 Dec 2018 | 00:59 Investors should prepare themselves for more stock market swings as a host of “difficult crosscurrents” weigh on equities, CNBC’s Jim Cramer said Friday as stocks traded lower. “Now that the S&P 500 has gone negative for [...]

December 9, 2018 Loknath Das Business Comments Off on Cramer’s game plan: Between the Fed, China and Apple, get ready for more volatility

Walmart CEO worries what consumers will have to pay if trade war escalates

Walmart CEO worries what consumers will have to pay if trade war escalates

Walmart CEO Doug McMillon on the future of the retail industry   12 Hours Ago | 08:36 Walmart is doing its best to keep prices unaffected by the U.S.-China trade war, but if things escalate it could be a different story, CEO Doug McMillon said Thursday. “We worry about next spring, next summer, next fall what [...]

December 7, 2018 Loknath Das Business Comments Off on Walmart CEO worries what consumers will have to pay if trade war escalates

Ford and Walmart collaborate to design automated-vehicle delivery

Ford and Walmart collaborate to design automated-vehicle delivery

Ford Motor, Walmart, and delivery service Postmates will collaborate to design a service for delivering groceries and other goods to Walmart customers that could someday use autonomous vehicles, the companies said on Wednesday. The project is the latest to grow out of Ford’s broader effort to develop businesses that could use automated delivery vehicles. Ford [...]

December 5, 2018 Loknath Das Business Comments Off on Ford and Walmart collaborate to design automated-vehicle delivery

Listed cos account for less than one-third of corporate tax in FY18: Report

Listed cos account for less than one-third of corporate tax in FY18: Report

Listed companies accounted for a little less than a third of the corporate tax in FY18, down from nearly 40 percent in FY17 and 49 percent a decade ago, Business Standard reported. India’s top companies listed in BSE500, BSE Mid-cap or BSE Small-cap index paid Rs 1.88 lakh crore in direct taxes in FY18, against total [...]

December 4, 2018 Loknath Das Business Comments Off on Listed cos account for less than one-third of corporate tax in FY18: Report

Russians tease Trump for canceling his G-20 meeting with Putin, blame US politics, not Ukraine

Russians tease Trump for canceling his G-20 meeting with Putin, blame US politics, not Ukraine

Mikhail Svetlov | Getty Images Russian President Vladimir Putin (L) looks at U.S. President Donald Trump during the welcoming ceremony prior to the G20 Summit’s Plenary Meeting on November 30, 2018 in Buenos Aires, Argentina. Senior Russian officials publicly chided U.S. President Donald Trump following his announcement on Thursday that he would no longer meet [...]

December 1, 2018 Loknath Das Business Comments Off on Russians tease Trump for canceling his G-20 meeting with Putin, blame US politics, not Ukraine

An evening walk down Dalal Street | Indices off to a flying start; Sensex up 373 pts; HUL up 5%

An evening walk down Dalal Street | Indices off to a flying start; Sensex up 373 pts; HUL up 5%

Shares were off to a flying start on Monday, thanks to a sharp rally among consumption names in the last couple of hours. These, combined with a positive move on the rupee helped the indices end on a strong note. The Nifty closed above 10,600-mark. Recovery in prices of crude oil too failed to have [...]

November 26, 2018 Loknath Das Business Comments Off on An evening walk down Dalal Street | Indices off to a flying start; Sensex up 373 pts; HUL up 5%

Amazon warehouse workers in Europe protest on Black Friday, calling working conditions ‘inhuman’

Amazon warehouse workers in Europe protest on Black Friday, calling working conditions ‘inhuman’

  On the biggest shopping day of the year, U.K.-based trade union GMB is organizing a protest against Amazon for what it calls “inhuman” conditions for warehouse workers. Amazon has been under a microscope recently as it gets ready to bring 25,000 jobs to each of two new “headquarters” locations in New York and Arlington, [...]

November 24, 2018 Loknath Das Business Comments Off on Amazon warehouse workers in Europe protest on Black Friday, calling working conditions ‘inhuman’

Trump is telling people he wants to replace Commerce Secretary Wilbur Ross by the end of the year

Trump is telling people he wants to replace Commerce Secretary Wilbur Ross by the end of the year

President Donald Trump is telling people he wants to replace Commerce Secretary Wilbur Ross by the end of the year, according to three people familiar with the matter who are close to the president. Trump favors Linda McMahon to replace Ross in the role, said these people, who spoke on the condition of anonymity. He [...]

November 10, 2018 Loknath Das Business Comments Off on Trump is telling people he wants to replace Commerce Secretary Wilbur Ross by the end of the year

Richard Branson suspends $1 billion Virgin investment talks with Saudi Arabia over missing journalist

Richard Branson suspends $1 billion Virgin investment talks with Saudi Arabia over missing journalist

Virgin Group founder Richard Branson suspended discussions with Saudia Arabia about a proposed $1 billion investment in Virgin’s space companies following allegations that journalist Jamal Khashoggi was murdered in the country’s consulate in Istanbul. “What has reportedly happened in Turkey around the disappearance of journalist Jamal Khashoggi, if proved true, would clearly change the ability [...]

October 12, 2018 Loknath Das Business, News Comments Off on Richard Branson suspends $1 billion Virgin investment talks with Saudi Arabia over missing journalist