Tag Archives: has

Moody’s upgrade has changed the market mood, but it’ll be shortlived

Khadim India and New India Assurance were down 7-15 per cent from their issue prices, respectively, while HDFC Life managed to see strong listing based on its strong management pedigree. Global rating agency Moody’s has changed the mood of the Indian market by upgrading after 14 long years. Equity index Nifty50 successfully overcame negative sentiments after touching a low 10,100 mark. But ... Read More »

Has Marketing Become an ‘Island Surrounded by Mirrors’?

Marketers risk forming a parallel universe and distancing themselves from the business, HP CMO Antonio Lucio says. Credit: HP The mission of marketing is to build brands that stand the test of time, not to build brands for the sake of it. By building strong, preferred and differentiated brands, sustainable business results will follow. But today, I believe our profession must ... Read More »

Cloud Tech Has Small Accounting Businesses Optimistic about the Future

The cloud is transforming the accounting industry and the role of the CPA and right now, they’re feeling pretty optimistic about their future. Right Networks Cloud Impact Survey A survey from Right Networks found that well over half of the 364 small accounting businesses and other accounting pros polled were optimistic, in some way, about the economy. While more than half were “cautiously ... Read More »

BRICS Summit 2017 has potential to boost trade, economy, finance but members need to start work now

The idea of BRIC emanated from an investment bank which had conjectured a theoretical possibility of four countries in the developing world, i.e. Brazil, Russia, India and China, taking on the role of engine to growth for the world economy. This concept gained more relevance after the financial crisis set in where it was believed that the emerging markets were ... Read More »

Asia has been the world’s economic miracle. Three countries are threatening that

A territoriality aggressive China, North Korea’s nuclear hostility and a chaotic White House under President Donald Trump are key factors that could derail Asia’s steady economic growth. KCNA | Reuters People participate in a Pyongyang city mass rally held at Kim Il Sung Square on August 9, 2017, to fully support the statement of the Democratic People’s Republic of Korea (DPRK) government. The continent largely ... Read More »

James Damore has an ‘above decent’ chance of winning his legal case against Google

James Damore, the man fired by Google after he published a manifesto that suggested women may have a disadvantage in tech because of their biology, may well prevail in the legal case he has filed against his former employer. That’s because he filed his complaint against Alphabet (Google’s corporate parent) under a provision of the National Labor Relations Act that protects workers’ rights ... Read More »

GST has transformed India’s economy: PM Modi in ‘Mann ki Baat’

NEW DELHI: In the 34th edition of his radio programme “Mann ki Baat”, Prime Minister Narendra Modi hailed the Goods and Services Tax (GST) and said the benefits of the landmark tax reform are already visible in the upswing in the country’s economy. “It has been one month since GST was implemented and its benefits can be seen already. GST has transformed ... Read More »

National Treasury still has a chance to save the economy

As SA grapples with three bruising downgrades to its sovereign credit rating, an economy in recession and increasing political uncertainty, National Treasury can play its role in lifting the country from the economic malaise. This is the view of Nedbank’s senior economist Nicky Weimar, who said to avoid further damage in terms of further downgrades by S&P Global Ratings, Fitch ... Read More »

Plunging oil prices show OPEC has lost its grip on the market

OPEC is widely expected to extend production cuts that initially boosted oil futures above $50, but prices just keep falling. That raises concerns that oil prices could struggle to return to their 2017 highs in the mid and upper $50s even if the Organization of the Petroleum Exporting Countries carries over the output reductions through the second half 2017 when ... Read More »

China says North Korea tension has to be stopped from reaching irreversible stage

China said on Friday tension over North Korea had to be stopped from reaching an “irreversible and unmanageable stage” as a U.S. aircraft carrier group steamed towards the region amid fears the North may conduct a sixth nuclear weapons test. Concern has grown since the U.S. Navy fired 59 Tomahawk missiles at a Syrian airfield last week in response to ... Read More »