Page 731 - Bloomberg

Raiding RBI war chest, asking people to deposit gold needless distractions

Using the central bank's gold to raise resources is no substitute for bolstering the sovereign's credibility with investors

China's Huawei, ZTE set to be shut out of India's 5G roll out plans

While India allowed Huawei to participate in its 5G trials earlier this year, its stance against Chinese companies hardened after China's actions along their disputed border in early May

Shadow bank bond sales rebound as lenders raise Rs 81,300 cr since April

More cash for shadow banks is good news for the Indian economy, which relies on these firms to provide financing to everyone from tailors to business giants

'Harvard Hyderabad': The future of US higher education could be in India

Universities that open significant branches in India could become among the very best in the world, argues Tyler Cowen.

Gold may fall from current high, but a drop below $1,700 unlikely

For all its fake advantages, the metal has one genuinely useful property - its unrivalled ability to move in the opposite direction to equities and bond yields

Highest-rated banking stock ICICI's performance hasn't been stellar

Lockdowns and low interest rates have taken a toll on global financial stocks

Liberty Global to acquire Switzerland's Sunrise in $5.4 billion deal

The cable giant offered 110 Swiss francs per share, and Sunrise's largest shareholder, Freenet AG, has also agreed to sell its 24 per cent stake

China to widen agenda, bring up WeChat, TikTok in next US trade talks

A virtual meeting will likely take place as soon as this week though a date hasn't been finalized, according to people familiar with preparations for the talks who asked not to be named

Instagram faces lawsuit over illegal harvesting of biometric data

In the new lawsuit, filed Monday in state court in Redwood City, California, the company is accused of collecting, storing and profiting from the biometrics of more than 100 million Instagram users

Sumner Redstone, who made Viacom a global empire, passes away at 97

Redstone, as executive chairman of both Viacom and CBS, had controlled the two companies through privately held National Amusements

Tesla splitting stock to make richly-valued shares attainable again

Each stockholder of record on August 21 will receive a dividend of four additional shares of common stock for each one they own

Tea industry struggles amid rains, lockdown, and buyers turning to Kenya

Heavy rains and the absence of tea pickers because of lockdowns have hammered production and sent local prices spiraling to records

China's days as world's factory are over, thanks to trade war: Foxconn boss

The proportion outside the country is now at 30 per cent, up from 25 per cent last June

Markets fixated about inflation but it is the wrong bogeyman to worry about

Voices crying about inflation and currency debasement should be treated with caution.

No more a tech firm: Softbank gives up pretending it isn't a hegde fund

Masayoshi Son used to run a tech company but he has not 'operated' anything for a while.

Always in the lead: Why Kamala Harris is Biden's best bet as VP pick

Take a moment to appreciate the fact that a woman with Black and Indian heritage can be considered a safe pick to be the US Vice President.

India's troubled shadow lenders show signs of revival on stimulus

The sound health of shadow banks is vital because they form the backbone of the Indian economy in lending to a wide range of borrowers from small merchants to business giants

Apple to Amazon line up in battle against Trump's immigrant visa ban

The group asked a court Monday to be allowed to add the industry's voice to a lawsuit opposing the ban, saying it's causing irreparable harm on businesses and the nation's economy

Covid-19 pandemic worsens the US gender pay gap, with women losing out

In a regular recession, the pay gap between men and women shrinks by two percentage points as men tend to get hit harder by job losses

In support of Jimmy Lai: Hong Kong protestors drive 1,100% stock gain

Now Hong Kong's pro-democracy supporters are wielding a new protest weapon: their stock-market trading accounts.