Pak family-run UK company, Formations House, at centre of global investigation
Founded by Pakistani-origin businessman Nadeem Khan, Formations House emerged as a known destination for companies wishing to set up offshore entities and financial institutions. While Khan died in 2015, weeks before he was to stand atrial for money laundering in London, the company is being run by his daughter, Charlotte Pawar.
Crude oil futures rise on positive global cues
Globally, the West Texas Intermediate was trading up 1.74 per cent to $56.13 per barrel.
Carbon dioxide emissions slow down on weak growth, less coal use
The study, published in the journal Nature Climate Change, said the total emissions of the greenhouse gas, carbon dioxide (CO2), from human activities are set to reach almost 43 billion tonnes in 2019. The researchers said emissions in India are projected to rise by 1.8 per cent in 2019, considerably lower than in 2018, likely due to weaker growth.
Climate Change: Natural gas drives record CO2 emissions in 2019
In its annual analysis of fossil fuel trends, the Global Carbon Project said CO2 emissions were on course to rise 0.6 percent this year -- slower than previous years but still a world away from what is needed to keep global warming in check.
Wall Street jumps after bumper jobs data, upbeat tone on trade
The S&P index recorded 47 new 52-week highs and no new low, while the Nasdaq recorded 78 new highs and 18 new lows.
CarDekho raises $70 million in new funding round led by Ping An Global Voyager Fund
Sunley House Capital Management is the second new investor, while CarDekho’s existing backers, Sequoia Capital and Hillhouse also participated
Base year depends on global, national economic situation, data availability: Rao Inderjit Singh
As per the United Nations System of National Accounts (UN SNA)-2008, base year of Gross Domestic Product (GDP) series is revised from time to time to better capture structural changes in the economy. The member countries are required to revise the base year of their macro-economic indicators like Gross Domestic Product (GDP).
Nikkei slips on fresh global trade concerns, weak US data
The Nikkei share average closed down 0.64 per cent at 23,379.81.
Precious metals: Gold, silver futures slip amid weak global trend
Globally, gold was trading 0.18 per cent lower at USD 1,466.50 an ounce in New York.
Bond ETF comes at right time; investors shifting to index-based products globally: Jason Giordano, S&P DJI
Move to generate more participation and grow debt market, says Jason Giordano of S&P DJI.
Lot of Indian stocks may not be fit for technical analysis: Julius De Kempenaer
Julius De Kempenaer, Inventor of Relative Rotation Graphs Technical Indicator, says asset allocation should be at the core of every investor...
Tiger Global leads $20 million funding round in Infra.Market
The Series A round of financing follows the $3.5 million Infra.Market raised from Accel Partners in August earlier this year.
Japan stocks end higher ahead of US payrolls data
The Nikkei index ended up 0.23 per cent to 23,354.40.
China stocks log biggest weekly gain in nearly 2 months on upbeat data, trade hopes
The blue-chip CSI300 index rose 0.6 per cent, to 3,902.39.
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