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Government News
Cinema exhibitor PVR INOX is betting big on franchise-owned company operated (FOCO) model to expand its presence beyond metros in India while also seeking to spread its affordable luxury offering, according to its CEO, Pramod Arora. The company is hoping that by developing cinema exhibition infrastructure across the country, it will provide economic benefits to…
BBC A “number of people have been killed” after a car was driven into a crowd in the Canadian city of Vancouver, local police have said. Vancouver Police said “multiple others” were injured during an incident at a street festival on Saturday evening. The force said the driver is in custody. It is not yet…
China’s high-technology focused manufacturers’ profit rose 3.5% in the quarter, reversing a 5.8% decline in the first two months of the year | Photo Credit: Na Bian Profits at China’s industrial firms rebounded in March, driven by a boost in income from the high-technology manufacturing sector and signalling economic resilience amid trade tensions with the…
Pope Francis leaves behind a legacy of reform – so how will his successor wield power? With Pope Francis’s funeral, the world’s 1.4 billion Catholics are turning the page on an era of reform and liberalism. The Vatican now faces several questions. Among them, what will its next chapter look like? And how will the…
China to expand tax refund stores in key areas, lower minimum refund point for overseas travelers to boost economy | Photo Credit: REUTERS China said on Sunday it will improve tax refund policies for foreign tourists to boost inbound consumption, part of efforts to boost the economy as domestic demand remains tepid. China will promote…
Danai Nesta Kupemba BBC News Celiwe Ndaba / Facebook Dr Celiwe Ndaba said that once she decided to refuse to pay for her husband’s lifestyle he left their marriage A young female South African doctor has sparked a nationwide conversation about a form of domestic abuse often shrouded in silence – financial abuse. In a…
Futures price is typically above the spot price during the lifetime of the contract but converges with the spot price at expiry. That means the difference in value between the futures price and its spot price should gradually narrow over time and become zero at expiry. Previously in this column, we discussed that this loss…
Barcelona defender Jules Kounde struck deep in extra time to decide a gripping Copa del Rey Clasico final in Seville, earning his side a 3-2 win over rivals Real Madrid. The Catalans, aiming for a quadruple this season, won the first major trophy of Hansi Flick’s reign as coach and a record-extending 32nd Spanish cup…
Debt mutual fund investors have enjoyed good returns over the past 18–20 months, especially from higher duration strategies. In the last one year, the long duration funds, gilt funds with a 10-year constant duration, and dynamic bond funds posted returns of 13 per cent, 12 per cent, and 11 per cent respectively. The RBI maintained…
Tiffanie Turnbull Reporting fromStreaky Bay, South Australia BBC From an office perched on the scalloped edge of the continent, Victoria Bradley jokes that she has the most beautiful doctor’s practice in Australia. Outside her window, farmland rolls into rocky coastline, hemming a glasslike bay striped with turquoise and populated by showboating dolphins. Home to about…
