Washington: US President Donald Trump has indicated that he was looking to ban other Chinese-owned companies, including e-commerce giant Alibaba in the United States, days after signing an executive order targetting TikTok’s parent company, ByteDance, Fox News reported. The development came after Trump issued an executive order on August 14, requiring ByteDance to divest its interests in video-sharing app […]
The United States has entered an agreement with drugmaker Moderna Inc to acquire 100 million doses of its potential COVID-19 vaccine for around $1.5 billion (£1.15 billion), the company and White House said on Tuesday. The United States in recent weeks has made deals to acquire hundreds of millions of doses of potential COVID-19 vaccines […]
The spot gold price today(Rs. 55380.0) is higher than this week’s average of Rs. 55137.14 by 0.44%. The price was higher than yesterday’s value of Rs. 55370.0. Although the global gold prices($2018.9) dropped by 0.4%, the spot gold prices in India(Rs. 55380.0) saw a growth of 0.02%. Gold and other precious metals on Aug 11, […]
Mukesh Ambani has surged past Europe’s wealthiest man, making him the world’s fourth-richest person. Reliance Industries Ltd.’s chairman is now worth $80.6 billion, after amassing $22 billion this year, according to the Bloomberg Billionaires Index. That gives him a bigger wealth pile than France’s Bernard Arnault, whose LVMH Moet Hennessy Louis Vuitton SE has suffered […]
US President Donald Trump announced Thursday sweeping bans on US transactions with China’s ByteDance, owner of video-sharing app TikTok, and Tencent, operator of the WeChat app, starting in 45 days, in a major escalation of tensions with Beijing. The executive orders come as the Trump administration said this week it was stepping up efforts to […]
Washington: US President Donald Trump on Monday said the popular Chinese app, TikTok, would be banned in the country beginning September 15, unless it is bought by an American company and asserted that a substantial amount of the buyout deal should go to the treasury. Technology giant Microsoft is in talks with TikTok’s parent company ByteDance […]
MUMBAI : Sovereign fund Qatar Investment Authority (QIA) is in advanced talks with Reliance Industries Ltd to invest around $1.5 billion (about ₹11,200 crore) in an infrastructure investment trust (InvIT) that holds the company’s fibre-optic assets, two people aware of the development said on condition of anonymity. After raising more than $20 billion through stake sales in […]
Amazon.com Inc’s total exports from small and medium sellers in India, part of a company programme to export products to global markets, have crossed the $2 billion mark, two company executives said on Monday. Amazon’s “Global Selling” programme was launched in India, a key growth market for the company, in 2015. The programme, also operational […]
Oil prices offered up a mixed market snapshot on Monday, with Brent crude edging higher, supported by tighter supplies, while US benchmark WTI futures dropped on concern that a spike in coronavirus cases could curb oil demand in the United States. Brent crude rose 11 cents, or 0.3%, to $42.91 a barrel by 0109 GMT […]
The government has capped the maximum late fee for filing monthly returns (GSTR-3B) at Rs 500 for the tax period between July 2017 and July 2020, provided taxpayers file the returns before September 30, 2020, a finance ministry statement said. The Central Board of Indirect taxes and Customs (CBIC) has already notified that there will […]