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Government News
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…
Much of the economic growth in India, especially during the post-Covid period, has been fuelled by heavy investments made in the infrastructure space, largely by the government and a select few capex intensive segments of the industry. Energy, railways, telecommunications, civil aviation, ports, shipping & waterways, road transport & highways have seen capex growth of…
Fierce rivals go the distance in middleweight bout as their famous fathers watch on at Tottenham Hotspur Stadium in London. Chris Eubank Jr dealt fellow Briton Conor Benn a first career defeat after going the distance to win their middleweight grudge match on a unanimous points decision. All three judges scored the fight 116-112 after…
