by pallanus | Jul 13, 2020 | Business News
The Treasury Department reported Monday that the deficit hit $864 billion last month, an amount of red ink that surpasses most annual deficits in the nation’s history and is above the previous monthly deficit record of $738 billion in April. File photo shows the...
by pallanus | Jul 13, 2020 | Business News
World shares were just shy of a five-month peak and the dollar dipped on Monday as investors watch second-quarter earnings for signs that corporate profits have hit their lowest and are starting to recover as coronavirus lockdowns ease. Wall Street banks JPMorgan,...
by pallanus | Jul 13, 2020 | Business News
The rupee settled on a flat note at 75.19 against the US dollar on Monday amid high volatility in the domestic equity market. The rupee traded in a narrow range as investors awaited retail inflation data for further cues, forex dealers said. During the four-hour...
by pallanus | Jul 13, 2020 | Business News
Companies around the world will take on as much as $1 trillion of new debt in 2020, as they try to shore up their finances against the coronavirus, a new study of 900 top firms has estimated. The unprecedented increase will see total global corporate debt jump by 12%...
by pallanus | Jul 13, 2020 | Business News
Driven by hike in food prices, retail inflation rose by 6.09 per cent in June. Food inflation in June increased by 7.87 per cent (Representative image: PTI) Retail inflation rose by 6.09 per cent in June, mainly on account of higher prices of food items, the...