Author Archives: Loknath Das

How a Healthy Economy Can Shorten Life Spans

The health of a nation’s economy and the health of its people are connected, but in some surprising ways. At times like these, when the economy is strong and unemployment is low, research has found that death rates rise. At least, in the short term. In the long term, economic growth is good for health. What’s going on? One study of European countries just before and ... Read More »

Tata Group in talks to acquire Bharti Airtel’s DTH business: Sources

After merging their consumer mobile operations, Tata Group and Bharti Enterprises are now reportedly in talks to merge their DTH (direct to home) businesses. The two companies are also exploring other options like merging Airtel DTH business with Tata Sky. The talks have entered due diligence stage and would take at least a couple of months before being finalised. If ... Read More »

Moody’s affirms State Bank’s ratings

MUMBAI, OCT 16:   Moody’s has affirmed the ratings on State Bank of India’s local and foreign currency deposits of Baa3/P—3 apart from affirming the Baa3 rating on its senior unsecured debt issued through its London branch and the Baa3 rating on its medium term note programme. While retaining the ratings today, the global ratings agency noted that since the merger ... Read More »

Market Live: Nifty inches towards record high, Sensex up over 200 pts; Banks lead

Moneycontrol News 11:24 am Buzzing: Jaiprakash Associates share price gained 4 percent after the company told Supreme Court that it was unable to raise Rs 2,000 crore to deposit before court as directed. It sought court nod to sell Yamuna Expressway to mobilise funds. Supreme Court will hear Jaiprakash Associates plea on October 23. 11:15 am Rate cut likely post macro ... Read More »

Buy, Sell, Hold: Here are 4 stocks on analysts’ radar today

TCS Brokerage: Macquarie | Rating: Neutral | Target: Raised to Rs 2,375 The global research firm highlighted that sluggishness continued in banking space, while retail was bottoming out. Meanwhile, deal sizes in digital have begun to rise. It expects dollar revenue growth for the firm and Infosys to converge to 8 percent year on year in FY19. Going forward, it ... Read More »

Family Finance: Chennai-based Balasubramaniam couple needs to cut expenses to meet financial goals

Balasubramaniam can begin by building an emergency corpus of Rs 2.94 lakh, which is equal to his six months’ expenses S. Balasubramaniam stays in Chennai with his homemaker wife and a three-year-old son. He brings in Rs 50,000 a month as salary, of which Rs 30,000 is spent on household expenses, Rs 15,000 is given to his parents, and Rs ... Read More »

How to generate 20 potential business ideas in 10 minutes

Just because you haven’t been struck with inspiration yet doesn’t mean you can’t start a business. If you’re looking for a business idea , here’s some reassuring advice: It doesn’t have to be revolutionary. You don’t have to think up the next Amazon or Paypal or LinkedIn. In fact, the best place to start is with the things you already know. That’s according to ... Read More »

Obesity costs SA economy more than R700bn per year – study

Johannesburg – The economic impact of obesity in South Africa is more than R700bn per year, a study revealed. According to the Discovery Vitality OBEcity index for 2017, which presents insights on weight status and food purchasing behavior of Vitality members across six South African cities, the impact of obesity is not only limited to the health of individuals but the ... Read More »

Bank of Baroda is said to be probed in South Africa over Guptas

Bank of Baroda, which is the only lender in South Africa still offering services to companies linked to the Guptas, is seeking a court order that will allow it to close the accounts. Photo: Mint Johannesburg: India’s Bank of Baroda is being investigated by South Africa’s central bank over money held for companies controlled by the politically connected Gupta family, according ... Read More »

ADP Reports Overall Job Losses at Small Businesses for First Time This Year

Small businesses are seeing overall job losses for the first time this year, but the news is not all bad. September 2017 ADP Small Business Report According to the September 2017 ADP Small Business Report small businesses lost 7,000 jobs overall last month. This is the first month this year that ADP (NASDAQ:ADP) is reporting job losses rather than large job gains at ... Read More »