Kim Woo-choong, founder of Daewoo business group, dies
Born in 1936, when a single Korea was under Japan's 35-year colonial rule, Kim started as a textile salesman and built Daewoo Corp. in 1967. The company later grew into South Korea's second-largest business empire, producing everything from cars, ships, TV sets, refrigerators and other electronics to clothes.
Share market update: 13 stocks hit 52-week highs on NSE
Overall, 20 shares were trading in the green in Nifty50 index, while 30 were trading in the red.
World Anti-Doping Agency imposes 4-year ban on Russia
Russia was banned from the Olympics and world championships in a range of sports on Monday after the World Anti-Doping Agency (WADA) ruled to punish. WADA took the decision after it concluded that Moscow had tampered with laboratory data by planting fake evidence and deleting files linked to positive doping tests that could have helped identify drug cheats.
As air fares soar, Indians decide to holiday near home
There’s been a 15-20% jump in advance bookings for destinations such as Goa, Udaipur and Jaipur from the year earlier as an increase in winter schedule capacity has resulted in a decline in some domestic fares. Advance bookings for international destinations like Singapore, Colombo, Bangkok, Dubai, Mauritius and Malaysia are up 10-12%.
Share market update: Nifty Financial Services index up; Cholamandalam Investment gains 3%
The Nifty Financial Services index was trading 0.33 per cent up at 14,088.05 .
Qualcomm aims to drive affordability in 5G next year
Qualcomm will bring 5G to every single tier next year. Throughout 2020, it will bring 5G to all price-points to make the technology affordable to accelerate the transition and ignite the developer community, said the company’s president Cristiano Amon.
Does your spouse lie to you about money? Here's how to deal with financial infidelity
Financial infidelity is more common than we think. There are some harmless forms, where the couple simply hides a spend to avoid an argument. Then there are serious forms where the family’s long-term financial goals are put to risk.
Policy muddle ruins year 2019 for crypto, blockchain industry
While the government and RBI had shown concern against the proliferation of private digital currencies, their interest on the subject has been lukewarm, said Sathvik Vishwanathan, the CEO of cryptocurrency exchange Unocoin.
‘China may grow below 6% over next 5 years’
The economy could grow between 5 per cent and 6 per cent from 2020 to 2025.
How Sensex, gold, 10-year G-sec performed during week ending December 5, 2019
Here's a weekly tracker of returns that will keep you updated on how the stock market index, gold prices and 10-year bond yields have performed. This will give investors an idea of how their investments performed over a long period.
Don't give voting rights for 25 years, Shiv Sena on Citizenship Bill
Participating in the debate on the bill, Vinayak Raut (SS) said there is no clarity yet on how and in which state these people would be rehabilitated. He said framing laws is not enough and there is a need to implement them properly.
Brian Lara visited India 6-7 times this year, says cricket in the country is an experience unlike any other
Lara said that India is now the buzz place when it comes to cricket, for both fans as well as players.
From farm to home, M&M Financial is doubling down on digital sales
M&M Financial cleverly evolved its business model to be on the right side of the evolving rural India scene.
Hong Kong protesters mark half a year of protest with mammoth rally
The city's police force, which historically gives lower crowd turnout figures, told local media 183,000 people attended at the peak, still one of their highest estimates in months. Many of the black-clad attendees voiced anger and frustration that chief executive Carrie Lam and Beijing have ruled out any further concessions despite the landslide election defeat.
'India took only five years to move from USD 2 to USD 3 trillion economy'
"It took us nearly 60 years after independence to achieve USD 1 trillion mark. It took 12 years to achieve our second trillion (dollar economy). And it has taken only five years, 2014 to 2019, to achieve the third trillion economy," Indian Ambassador to the US, Harsh Vardhan Shringla, said in his address to the Indian-American community.
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