Category Archives: Business

El Salvador President says Dollar is dead, Bitcoin is future

El Salvador President Nayib Bukele has yet again made his love for Bitcoin public. In a tweet, Bukele boldly announced that the days of fiat money may soon be over and that Bitcoin is the “real revolution” the world is seeing at present. Bukele also mentioned that El Salvador is spearheading this Bitcoin era. Taking to Twitter, the El Salvador Read More

Flipkart, Walmart Invest $145 Million in Fresh Produce Supply Chain Brand Ninjacart

Flipkart India and Walmart on Monday said they have invested $145 million (roughly Rs. 1100.58335 crore) in fresh produce supply chain company Ninjacart. In October last year, Walmart and Flipkart Group had pumped in an undisclosed amount of funding in the Bengaluru-based company. This investment will further accelerate Ninjacart’s journey towards building technology and infrastructure to organise, empower and enhance the lives Read More

Should I Invest in Real Estate?: Part II

In our last blog, we discussed about what one should be concerned before taking the first step into real estate investment. Moving on to some more details in this blog where we talk about active and passive investments in real estate. Read Should I Invest in Real Estate?: Part I What is Active Investment in real estate? A property (single-family home Read More

How Stock Markets Respond to Social Unrest

What happens to stock markets when social unrest—such as mass protests and riots—occurs? Are investors scared-off by the disorder? Or are they buoyed by the prospect of positive, popular change in response to unrest? Our chart of the week, drawn from our recent IMF staff working paper, uses a new dataset of 156 social unrest events during 2011–20 to shed some Read More

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The Fed is about to set its post-crisis policy course — with a high level of uncertainty ahead

When the Federal Reserve adjourns its meeting Wednesday, it will be doing more than scaling down its economic aid. The central bank will be charting a course for its post-pandemic future. Virtually everyone who cares about such things anticipates the policymaking Federal Open Market Committee, upon the conclusion of its two-day meeting, will announce that it is reducing the amount of Read More

How Can Predictive Analytics Improve Financial Services?

If your business has a CFO, you should consider implementing strategies that are aimed towards improving data collection and ensuring more accurate planning. The great news is that the growing relationship between data science and financial technology has ensured that your financial services remain adequate. One of the ways that leading fintech companies such as Cane Bay Partners are using data science Read More

What Are The Functions Of Production Department?

The production department is liable for changing over crude materials and different contributions to completed merchandise or administrations. In the middle of the cycles of production, the department attempts to improve the proficiency of the production or sequential construction system with the goal that it can meet the yield targets set by the organization the board and guarantee completed items Read More

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Anil Ambani puts up Delhi power distribution businesses for sale

At least eight investors, including Caisse de dépôt et placement du Québec (CDPQ), Actis LLP and Brookfield Asset Management, have showed initial interest in buying Reliance Infrastructure Ltd’s Delhi electricity distribution businesses, said three people aware of the development. The other potential investors are Greenko Energy Holdings, Enel Group, I Squared Capital, Torrent Power and Wade Capital Group LLC, the Read More

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Perfect storm of bad weather and business rates fuels retail crisis

 People shopping on Oxford Street in London during wet weather – but many more stayed at home. Photograph: Peter Summers/PA The crisis on Britain’s high streets showed no sign of easing during the storm-buffeted month of February, while new figures show the number of retail workers losing their jobs this year is approaching 20,000. Severe rain last month caused a Read More

Coronavirus: Auckland businesses, restaurants reeling

Auckland central city businesses are reeling from the impact of the coronavirus outbreak; some reporting business dropping by 90 per cent. Restaurants and hospitality businesses are losing about $6 million per week, and the figure is expected to rise, according to the Restaurant Association. Freddy Iskandar, of Waroeing Bali in Atrium Food Court, says his business sales are well down, Read More