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News Shots US Investment firm Morgan Stanley buys 1.10% stake in Vodafone Idea. DLF inked an anchor deal with Standard Chartered GBS for upcoming project DLF Downtown, Taramani, Chennai. Zee Entertainment Enterprises has unveiled a new organisational structure, dividing businesses into different verticals for content, technology, and revenue and monetisation. The company has also hired […]
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Government working on next stimulus package: Finance Ministry official Economic Affairs Secretary Tarun Bajaj, on Wednesday, stated that the Indian Government is working on the next stimulus package. The new stimulus would help to further support the Indian economy, amidst positive signs of a fall in Covid-19 cases. He also stated that the Union Cabinet […]
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1. Treasuries Slump With Dollar Amid Stimulus Bets Treasuries slid alongside the dollar amid speculation that Washington lawmakers will make progress on talks for stimulus legislation to be financed by trillion-dollar borrowing. U.S. stocks were little changed. The U.S. 10-year treasury yield broke above 0.8% to the highest since June and European yields also rose […]
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When we talk about industries suffering from COVID-19 pandemic, the airline industry and tourism industry hits our minds. We often forget how catastrophic this pandemic has been to the cinema chains. The central government of India announced a lockdown in March. Since then, theatres around the country have been forced to stay shut. According to […]
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