Depository of News

Italy set to lose free-to-air F1 TV coverage

State broadcaster RAI has been the backbone of live TV coverage in Italy for decades, although it has been diluted by a move to Sky Italia in recent years.Until last season Italy operated a similar system to the UK, with all the races carried live by Sky Ital

Visa may be waging war against bitcoin by rejecting it as currency

The largest cryptocurrency, bitcoin, is a commodity and not a payment system, according to Visa’s chief executive. Visa will also not give bitcoin or other cryptocurrencies a platform for wire transfers and exchanges. Read Full Article at RT.com

What the 2018 farm bill means for urban, suburban and rural America

The influence of the farm bill extends even beyond farms and farmers to include issues of energy and nutrition

News Live: NSE seeks to delay Feb 5 rollout of SGX stock futures, says report

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.

Bitcoin tsunami will come from Japan – political economist to RT

The prices of cryptocurrencies have been mostly driven by extreme speculation in Asia, according to Doctor Jack Rasmus, who has warned that a major correction is coming soon. Read Full Article at RT.com

Trump suggests that a terror attack could help Republicans in the 2018 midterms: Report

The implications of his flippant words are deeply frightening

South Korea, Italy also calling out Apple for slowing iPhones

 Apple continues to get into hot water over a power management feature that throttles performance on older iPhones to avoid unexpected battery shutdowns. Read More

South Korea, Italy also calling out Apple for slowing iPhones

 Apple continues to get into hot water over a power management feature that throttles performance on older iPhones to avoid unexpected battery shutdowns. Read More

Party like it’s 2014: Russian oil drillers reap profits not seen since days of $100 crude

Though current oil prices are still far from their peak of four years ago, Russian drillers are having best start to the year since 2015. And the key reason for that is the relatively-weak national currency. Read Full Article at RT.com

Party like it’s 2014: Russian oil drillers reap profits not seen since days of $100 crude

Though current oil prices are still far from their peak of four years ago, Russian drillers are having best start to the year since 2015. And the key reason for that is the relatively-weak national currency. Read Full Article at RT.com

Grants will help students pay for trip to Lincoln museum

SPRINGFIELD, Ill. (AP) - Students in five Illinois counties will get some help paying for their trip to the Abraham Lincoln Presidential Library and Museum in Springfield. The museum says in a news release that grants that will go toward transportation costs

Fukuzumi set to prioritise F2 over Super Formula

The Japanese manufacturer announced a dual programme for multiple GP3 race winner Fukuzumi earlier this month, placing him in both and F2 and Super Formula with the Arden and Mugen teams respectively.However, with three clashing races between the two champion

Google awards Rs 71 lakh to Chinese researcher who found security exploits in Pixel devices

All pixel devices will automatically install the updates however the users need restart their devices to complete the installation

Hurt by higher expenses, IDFC Bank Q3 profit drops 24% to Rs 1.46 billion

Gross bad loans as a percentage of total loans stood at 5.62% at end-December

Gold extend losses, down Rs 120 on lacklustre demand, silver up Rs 50

Gold had dropped by Rs 150 per 10 grams yesterday

Sainz had to complete Dakar stage stuck in third gear

The Peugeot driver was hit with the problem 15 kilometres from the end of the stage in San Juan, following a puncture earlier in the day.However, he was able to limp to the Autodromo El Zonda bivouac in third gear, the Spaniard retaining the majority of his c

SP assigns BBB- to Power Grid#39;s medium-term notes programme

"The rating on Power Grid reflects the company#39;s supportive regulatory framework, near monopoly in interstate transmission, and stable margins and cash flows. Power Grid#39;s large capital spending plans and exposure to the weak credit profiles of state el

Is it too early to handicap the 2020 Democrats? Hell, not really

Is Bernie too old and Biden too tarnished? How far can Kirsten Gillibrand ride #MeToo, and who is Kamala Harris?

Curling will be working overtime at Pyeongchang Olympics

The bobsledders may push harder. The speedskaters may go faster. The ski jumpers certainly will soar higher. Yet no one will work longer hours at the Pyeongchang Olympics than American curlers Matt and Becca Hamilton. By qualifying for both the new mixed doub

Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

All that happened in the market today

Aim to cross 100-store mark by year-end; 10% margins sustainable: PC Jeweller

The reduction in GST rates shows that the government is looking at this industry favourably, said Sanjeev Bhatia, CFO, PC Jeweller.

Diabetes crisis threatens to undermine health care — while GOP destroys it

Diabetes affects 10 percent of adults, but Republicans are undermining virtually all programs that can help

MARKETS LIVE: Sensex hits fresh high, up 250 pts, Nifty hits 10900

Catch all live market action here

Lawyer to move constitution bench in Padmaavat case questioning CBFC’s judgement

Supreme Court refused to entertain a plea filed by lawyer Manohar Lal Sharma in which he claims the certificate issued by CBFC to Padmaavat is illegal. However, if Sharma’s version of the story is anything to go by, the plea has merely been declined urgent

Biocon CEO Arun Chandavarkar says Sandoz tie-up to help them target multi-billion dollar biosimilar opportunity

These biosimilars are in early stages of development. As the cost incurred during the early stages are not significant we don’t expect our Ramp;D costs to go up materially as of now.

MARKETS LIVE: Sensex up 150 pts, Nifty above 10800; PSU Bank index up 1%

Catch all live market action here

HDFC Bank reports divergence of Rs 2,051 cr for FY17; profits grow 20%

As on March 2017, HDFC Bank had reported gross NPAs worth Rs 5,885 crore while RBI, in its supervision that ended in October last year, found the NPAs to be at Rs 7,937 crore.

Jubilant FoodWorks appoints Prakash C Bisht as CFO

In his new role, Bisht will lead finance and accounts, secretarial and legal functions of the company, the firm said in a regulatory filing.

Crude oil prices at $60 conducive to revenue growth: Air India CMD

Crude prices are important for airlines, as jet fuel, which is a refined product, is heavily taxed in India and forms a major cost component

Honda recalls 22,834 cars across various models in India

The latest exercise takes the overall number of recalled vehicles, equipped with airbags manufactured by Takata, by the company to 3.13 lakh units in India.

Impacted by 28% GST, reduction of rate will aid footfalls: Wonderla Holidays

Wonderla Holidays receives a major boost after the goods and services tax (GST) rate on amusement and theme parks was slashed from 28 percent to 18 percent. The stock is up over 6 percent in trade today. In an interview with CNBC-TV18, Arun K Chittilappilly,

Services sector need to brought under Section 72A of the Income-Tax Act — Here#39;s why

With the surge in MA activities, it is imperative to have a befitting tax regime which gives an added fillip to these activities. There are various provisions under the Income Tax Act which confer tax neutrality to mergers and acquisitions upon fulfilment of

Russian stocks surge to all-time high on strong ruble momentum

The Russian key ruble stock index – MICEX – surged to a historic high on Friday, surpassing the 2,300 mark. The ruble was also near multi-year highs against the US dollar. Read Full Article at RT.com

What we can learn from closure of charter school that DeVos praised

There was a recorded negative trend in student performance at the school prior to its closing

Emerging GOP leader in Virginia abruptly quits Republican Party because of Trump’s racism

“I’ll support candidates I agree with, but as far as any party affiliation, I’m out"

Manappuram Finance to discuss on investment proposals; stock rebounds 7%

The stock moved higher to Rs 121, up 4%, bouncing back 7% from its intra-day low of Rs 113 on the National Stock Exchange.

Manappuram Finance to discuss on investment proposals; stock rebounds 7%

The stock moved higher to Rs 121, up 4%, bouncing back 7% from its intra-day low of Rs 113 on the National Stock Exchange.

‘Letters to the Mayor: Rotterdam’ at the Het Nieuwe Instituut

Het Nieuwe Instituut, Rotterdam is hosting “Letters to the Mayor: Rotterdam,” an exhibition inviting 100 architects to write a letter to their mayor, Ahmed Aboutaleb.Initiated in 2014 by Storefront for Art and Architecture, “Letters to the Mayor” is a

‘Letters to the Mayor: Rotterdam’ at the Het Nieuwe Instituut

Het Nieuwe Instituut, Rotterdam is hosting “Letters to the Mayor: Rotterdam,” an exhibition inviting 100 architects to write a letter to their mayor, Ahmed Aboutaleb.Initiated in 2014 by Storefront for Art and Architecture, “Letters to the Mayor” is a

Reinsurance regulations to be out by February end: IRDAI chairman

The final reinsurance regulations, which will define how the business is done in the country as well as the order of preference, will be released by end of February, said Insurance Regulatory and Development Authority of India (IRDAI) Chairman TS Vijayan.
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