China’s yuan firmed against the dollar on Friday after the central bank fixed a much stronger midpoint, but the currency is on course to be the worst performing major Asian currency this year and have its biggest annual loss since 1994. The yuan, which has reached an 8-1/2 year ... Read More »
The world’s most valuable company Apple is looking at Bengaluru to set up an iPhone manufacturing plant, as it looks to replicate its China success in the fastest growing smartphone market in the world. Apple is turning to Taiwanese contract manufacturer Wistron, which will utilise PC-maker Acer’s facility, a ... Read More »
John Redfield watches with pride as his son moves a laser-guided precision saw the size of a semi-truck wheel into place over a massive panel of wood. Redfield’s fingers are scarred from a lifetime of cutting wood and now, after decades of decline in the logging business, he has new ... Read More »
A bright future for financial advisors and for consumers doesn’t come without a shift in traditional mindset. The world is forever moving and going to back to the “old days.” Only advisors who use technology effectively can remain a key driver in the conversation. Broker/dealers, as we know them, will ... Read More »
Another year of tech news is nearly over. It has been an eventful 12 months. Samsung smartphones exploded, GoPro drones dropped out of the air and Pebble smartwatches met an untimely end. Facebook became embroiled in a fake news controversy, Yahoo revealed several mega-breaches, we identified the supposed creator of ... Read More »
The government’s decision to withdraw notes of Rs 500 and Rs 1,000 was intended to attack the black economy. A natural corollary to this was a likely hit to the real sector, which, for long, has been considered a refuge for unaccounted money. The trends so far suggest some immediate ... Read More »
If the U.S. economy is to hit escape velocity in 2017, you can expect the real estate sector to serve as its rocket fuel. At its most broadly defined, housing can be counted on to compose 15% of GDP. It hasn’t done that much heavy lifting lately, however. That’s because ... Read More »
The year 2016 began with mixed reactions from the realty sector towards the Real Estate Regulation and Development Act (RERA) followed by the Goods and Service Tax (GST) Bill seeing light of the day. GST aims at elimination of dual taxations and at creating a hassle-free home buying experience. The ... Read More »
The year 2016 was significant for the real estate sector due to the number of reforms that were initiated in the period. These include the Goods & Services Tax (GST), clearance for Real Estate Investment Trusts (REITs), relaxation of foreign investment norms and the implementation of the Real Estate (Regulation ... Read More »
India on Monday test launched its indigenously developed intercontinental surface-to-surface nuclear capable ballistic missile Agni-5 from the Wheeler Island off Odisha coast. Unlike other missiles of the Agni series, Agni-5 is the most advanced having some new technologies incorporated with it in terms of navigation and guidance, warhead and engine. ... Read More »
The Eneforcement Directorate on Monday detected cash deposits totalling over Rs.104 crore in an account belonging to the Bahujan Samaj Party and Rs 1.43 crore in an account belonging to party Supremo Mayawati’s brother Anand in a branch of United Bank of India in New Delhi, sources in the Enforcement ... Read More »
Four persons have been arrested in connection with the alleged gangrape of a US national in a five-star hotel in New Delhi earlier this year. A senior police officer said they arrested a tour guide, a driver, a cleaner and a hotel staff. He, however, refused to reveal the names ... Read More »
