Business

Priyanka Chopra is minting million$ this year


Turning 38, Priyanka Chopra is probably looking at the most eventful year of her professional career. She  recently signed a two-year multimillion-dollar deal with Amazon to produce a variety of content, in different languages. She already has three projects in development at Amazon -- Sangeet, a reality series based on the pre-wedding ceremony; Citadel, a thriller...

US should get large share of TikTok sale proceeds: Trump


New York: US President Donald Trump has said that the country should get a large percentage of the proceeds if part of the short video-sharing platform TikTok's business is bought by an American firm. Trump said that he made the demand that a "substantial portion" of that price should come into the US Treasury during...

Single window clearance system for industry soon: Goyal

Post Date: July 30, 2020

New Delhi: The government will soon set up a single window system for clearances and approvals for industries in the country, Commerce and Industry Minister Piyush Goyal said. In an interaction with sovereign wealth funds, foreign pension funds and others on ease of doing business and investments in the infrastructure sector in India, he said...

Modi govt destroyed public banks, financial institutions: Congress


New Delhi: The Congress on Wednesday alleged the Modi government had destroyed public sector banks and other financial institutions in India to mess up the $2 trillion banking sector and was also protecting wilful loan defaulters. Pointing out that Prime Minister Narendra Modi had met with CEO and other top executives of India's banking sector...

Gold again at fresh high, nears Rs 50,000 per 10 gram


Mumbai: As economic uncertainty continues in the wake of the rising number of coronavirus cases, gold futures on the Multi-Commodity Exchange (MCX) has touched a new high and neared the Rs 50,000 per 10 gram mark. The August contract on MCX earlier in the day surged to a new high of Rs 49,996 per 10...

Air India’s ‘Leave without pay’ scheme akin to illegal lay-off


New Delhi: Trade unions of national carrier Air India have termed the airline's new ‘leave without pay' scheme as akin to illegal lay-off. Accordingly, the Joint Action Forum of Air India Unions strongly opposed the new scheme in a letter to Civil Aviation Minister Hardeep Singh Puri. "We are indeed shocked that the management of Air...

Never been a better time to invest in India: Modi


New Delhi: Prime Minister Narendra Modi has called upon the US industry to take advantage of the scale, opportunities and recent reforms in India by investing in sectors as diverse as space and healthcare. Addressing the India Ideas Summit hosted by the US-India Business Council via video conferencing, Modi said that there has never been...

US Open restrictions makes participation risky: Thiem


New York: Austrian World No. 3 Dominic Thiem said that the restrictions that are in place for players in this year's US Open makes it extremely risky to participate in the Grand Slam. The US Open is set to be held from August 31 to September 13 amid a slew of restrictions on player movements...

Gold investment demand to offset weak consumption in 2020


New Delhi: With investors looking at safer assets amid the COVID-19 pandemic, investment in gold is likely to make up for the fall in consumption demand for the precious metal, as per a report by the World Gold Council (WGC). The report titled 'Gold Mid-Year Outlook 2020' noted that in the current global economic environment,...