The wave of deaths, one-third of which has come from the world's financial capital of New York and neighbouring New Jersey and Connecticut, has had a devastating impact on American economy which has now gone into recession with an unprecedented over 35 million losing their jobs in the last three months.
Market analysts are divided over the benefits of the revisited clauses of acquisition on Jet Airways.
The Pakistani PM believed New Delhi rebuffed his offer of talks because his country is an issue in the elections in the neighbouring country.
The government will also decide in eight to ten days on how to extend the benefit to customers in Mumbai.
Higher education policy may be at the core of the Tamil Nadu assembly polls next May, with a potential to break the ties between the ruling AIADMK in the state and the BJP counterpart at the national level, says N Sathiya Moorthy.
While the enterprise value of 595 million may seem expensive for the acquisition of Whyte & Mackay by United Spirits, the fact remains that scotch is in short supply globally and there aren't too many companies up for sale.
Whether you invest in short-term securities or long-term securities, the interest rate that you will get on either is similar. Which should you choose? Should you invest in short term debt or invest money for a long period?
'With the June quarter GDP shrinking by nearly a quarter, there is an even greater economic imperative: Reduction of uncertainty,' observes Neelkanth Mishra.
Rediff reader Ashok Gupta, 60 from Prayagraj, Uttar Pradesh shares his advice on how to keep COVID-19 away.
When you are working with a friend or spouse, there's every possibility of your business and personal relationship getting adversely impacted if something goes wrong between two partners, warns Archana Khosla.
A top official of Pakistan Cricket Board (PCB) says he does not see any Indo-Pak bilateral series taking place next year owing to the strained relations between the two countries. Najam Sethi, who heads the PCB executive committee, said that it was highly unlikely Pakistan and India will play a bilateral series next year.
China has relaxed its one-child policy and further freed up markets in order to put the world's second-largest economy on a more stable footing.
'Prime Minister Modi is from Gujarat and so does not understand the importance of the Jallianwala Bagh massacre to Punjabis,' says the British MP fighting for an apology for the Jallianwala Bagh massacre.
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
'It came out of China and it could have been stopped and I wish they had stopped it and so does the whole world wish they had stopped it'
Benzema to stand trial in sex tape case, says lawyer.
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Aavas is turning heads in the country's mortgage financing space because it selected to do business in a different way, says Mudar Patherya.
'If you are a smoker, you should not provide misleading information to the insurer about your smoking habit in the insurance proposal form,' advises Pankaj Razdan.
A few state-owned banks such as IDBI Bank, Union Bank, Indian Overseas Bank have announced results for FY14.
"The solution to terror is peace, development and progress and not unemployment, hatred and fear," he said.
'The household sector, which is still the largest contributor of financial savings, has been experiencing a decline in the last six years, and it has fallen below 8% of GDP.'
'Businessmen like Rajiv render public service when they speak truth to power,' observes Virendra Kapoor.
Following another disappointing year in 2014, developing countries should see an uptick in growth this year, boosted in part by soft oil prices, a stronger US economy, continued low global interest rates, and receding domestic headwinds in several large emerging markets, it added.
The launch of Reliance Jio Infocomm Ltd last September, particularly the tariff war it has unleashed on its competitors, has deepened the crisis facing India's telecom sector. One offshoot of this is the major drop in earnings reported by industry leaders Bharti Airtel and Idea Cellular with each passing quarter. Aslam Hunani/Rediff.com tells the story in numbers.
Substantial gains can still be made with good policies and initiatives.
The US election campaign has provided plenty of ammunition for the CCP to make its case that its political system is superior.
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
In recent years, China has refrained from taking a public stance on the India-Pakistan ties, expressing hope for resolution of the disputes through dialogue.
China has been trying to build lobbies of influence and mould public opinion in India since at least 2017, and large sums have been invested in the effort, reveals former RA&W officer Jayadeva Ranade.
A Russian comic's song which mocks the country's World Cup team and questions the financial sense of hosting the event has gone viral on the eve of the tournament, angering some fans and politicians.
As FIIs pull out of road projects, doubts have surfaced about the future of new highways and roads
Foreign exchange reserves of the oil producers have increased by $1.1 trillion over the past decade.
Prof Ananth Narayan, well known financial expert who works as a faculty member at the SP Jain Institute of Management and Research and the RBI's nominee director on the board of Yes Bank, expects a double-digit contraction in India's GDP this fiscal year. In the first of a two-part interview to Shobha Warrier/Rediff.com, Prof Narayan, below, says, "Giving liquidity and loan to cover the cash flow problem is not sufficient because you are essentially increasing the debt of many of these companies. And they might not be able to bear the burden."
Khan's government will be the third consecutive democratic government in Pakistan since 2008.
'Every adult has the right to ignore the tenets of any and every faith, so long as it does not harm somebody else,' says Devangshu Datta.
IMF says, India will grow significantly in near-term.
Employees' Provident Fund Organisation has been allowing members to contribute more than mandatory amount towards their pension account.
A proposed 24 percent hike in the salaries of 2.6 million employees and pensioners, will land the railways with a wage bill of about $4.7 billion.
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