Category: Business

Apple shares have risen to an all-time high, opening up 3.5 percent. Analysts now believe that the Apple could soon become the first trillion-dollar company. Apple Inc. is one of the most successful..

The proposal consists of two reforms; individual reforms and business reform. The individual reform focuses on reducing the 7 tax brackets used to determine income tax of an individual into 3 tax brackets..

Reports on 27th April, 2017 said that President Donald Trump of the United States was planning to withdraw the US from the NAFTA (North American Free Trade Treaty) which is an agreement signed between the US..

By April 15th, the American Treasury Department was required to present Congress a report on the exchange rate policies of the country’s major trading partners intending to identify those countries that cheapen their currency in order to attract other countries and increase their exports.

Health Ministry of India’s “Mission Parivaar Vikas” (MPV) in 145 High Focus districts (of UP, Bihar, Rajasthan, Madhya Pradesh, Chhattisgarh, Jharkhand and Assam) was rolled out in September 2016.

On the 5th of April 2017, the Saudi Arabian government instructed members of the financial sector to put all ‘sukuks’ or bonds in dollars. This comes before one of the biggest roadshows in the nation’s history where investors..

On March 21st 2017, the founder of the conglomerate Lotte, Shin Kyuk-Ho was summoned to court to investigate his role in another scandal that has captured the nation. The founder of the Lotte group, one of South Korea’s largest Chaebols’ is under investigation on multiple allegations ranging from the possible embezzlement of over 250 billion…

On 15th March 2017, the Federal Reserve is widely expected to raise interest rates for the first time in 2017. Many markets such as currency market, the gold market and stock indexes have started showing speculative moves ahead of the Fed rate decision. Almost all of them factoring in a possible rate hike.

On 20th Feb 2017, Tata Consultancy Services (TCS) Ltd announced US$ 2.3 billion (Rs 16,000 Crore) share buyback. The share buyback, if successful, will be India’s biggest buyback, surpassing Reliance Industries’ 2012 share buyback of US $ 1.5 billion (Rs 10,400 crore).

On 03 October 2016, the Government of India auctioned radio frequencies for 4G services and hoped to raise US$ 84Billion, from the sale. However, the auction ended on 7th October, with only US$ 9.8Billion in sale and more than 60% of the bandwidth offered. The 700 MHz band, for its lower cost of video streaming…