'It is no longer practical to expect parents to pay anywhere between $40,000 and $55,000 for the year or even half for the term if there is no clarity.'
Global gold demand hit an 11-year low in 2020 at 3,759.6 tonnes, mainly due to a weak October-December quarter and the COVID-19 related disruptions across the world driving a muted consumer sentiment throughout the year, the World Gold Council (WGC) said in a report. The overall consumer demand during 2019 was at 4,386.4 tonnes, while in 2009 the overall demand was at 3,385.8 tonnes, according the WGC's 2020 Gold Demand Trends report. Global gold demand dropped by 28 per cent year-on-year (YoY) to 783.4 tonnes in the fourth quarter compared to 1,082.9 tonnes during the October-December period of 2019, the report stated.
Total net debt-equity ratio improves for third consecutive year, while investment in new projects hits a 10-year low, says Krishna Kant.
Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.
India is the fourth worst-hit nation by the pandemic after the United States, Brazil and Russia.
'We need uranium to fuel our reactors. Our scientists and engineers have been handling uranium safely since 1967. They must not feel disheartened by the activities of well motivated local or foreign agencies.'
Two-time Pulitzer Prize winner Paul Salopek is on an intercontinental journey of 24,000 miles, tracing humankind's movement out of Africa right down to South America.
Prashant Kishor, the man who led Narendra Modi and Nitish Kumar to victory, has his task cut out for him as he tries to secure victory for the Congress in Punjab and Uttar Pradesh
Back of the envelope calculations put government expense on each of the new schemes promised by the DMK and the AIADMK at tens of thousands of crores. But then, neither party has said how they are going to also address the mounting debt burden either, says N Sathiya Moorthy.
Huge demand for dry bulk commodities such as iron ore, coal, and grain has helped the Index touch a five year high recently.
Economist and author Devaki Jain mourns the loss of her good friend, Girish Karnad.
Bursts of volcanic lightning and lava lit up the night sky in southern Chile after the Calbuco volcano erupted twice after nearly half a century of inactivity, forcing over 5,000 people to evacuate.
'I have had my share of failures... But these failures have not curbed my junoon (passion). My passion has remained with me despite my failures.'
Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small-cap index surging up to 31 per cent and outperforming the bigger benchmark gauge. This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of COVID-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year. As the market swayed with many lows as well as highs, small and mid-cap indices emerged as markets favourites in 2020.
'Skater Girl is India's first film on skateboarding and I hope that it inspires girls and boys across the world and brings them hope.'
Wali, who returned from Sri Lanka a week ago, alleged that the attack was carried out by RAW to begin a proxy war in a third country.
Equity investors should thank cash-rich biggies such as TCS, ITC, HUL, Nestl, and Bajaj Auto for this.
'It is feared that AI can predict the outcome of a case once it is launched.' 'It knows the law, precedents and judicial thinking better.' 'If AI becomes too common, clients will start using the software to measure the chance of success of their cases,' says M J Antony.
Albanese, 56, will take the helm on April 1.
Though most of the voice-activated solutions are based in English, work is on to create solutions in Indian languages.
Sentiment was largely positive after April IIP grew at 4.9 per cent, spurred by higher growth in manufacturing and mining sectors.
What is the guarantee that another Trump will not arise and reach out to the American people directly? The fact of the matter is that Trump's support base remains the envy of any American politician, notes Ambassador M K Bhadrakumar.
Prime Minister Narendra Modi and German Chancellor Angela Merkel on Wednesday visited the facilities of German automotive major Bosch.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
'China is concerned about its impact within Tibet.'
Indian-American Ghazala Hashmi, a former community college professor, created history by becoming the first Muslim woman to be elected to the Virginia State Senate.
Manoj Bajpayee simply lives, and loves, the role -- of a man who life is fast passing by, and who continues to live the lie of a simple government servant, observes Saisuresh Sivaswamy.
The robot can have potential uses in invasive surgery and oil well drilling, among other applications, scientists say.
Australia will target mining companies and power producers in India this week with a turbine designed to generate electricity from waste coal and methane, which could slash greenhouse emissions.
The reversal of Trump's policy with regard to Iran, like the withdrawal from the Paris Agreement, may not be a matter of just turning the clock back, but one of patient negotiations, with uncertain consequences in the post-COVID-19 world, observes Ambassador T P Sreenivasan.
'We don't expect any immediate impact on salaried jobs.'
Overseas education consultant NNS Chandra shares advice on how to pick the right international education.
'WHO has been under a lot of attack, so when they saw the Lancet study, they stopped the clinical trials of HCQ.' 'They should not have stopped the clinical trials.'
Rishabh Lawania's three tips for success: 1. Innovate. 2. Fail fast. 3. Always see ahead of time.
The government is drawing up a relief package for industry with steps such as relaxation of asset-classification norms by banks, thus allowing companies to delay the repayment of loans, and tax holidays for the worst-hit sectors like aviation and hospitality. But it might not be enough to stop more bankruptcies from getting filed.
'How many people have died in India so far due to Covid?' 'Multiply that by at least four, and that many people in intense grief are there in the country.'
Given that the ETF has given exceptional returns over the past year, start small and buy more in a staggered manner.
Top gainers in the Sensex pack included Hero MotoCorp, Maruti, M&M, Bajaj Auto, HUL, HCL Tech, Bajaj Finance, ITC, HDFC and L&T, rising up to 7.51 per cent.
Since most Indian firms have kept their forex exposure unhedged, credit profile of companies in the highly sensitive sectors such as oil & gas, metal & mining, airlines could weaken substantially, says Anup Roy.
