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Small Firms, How Will Merger of These Two Giant Trucking Companies Affect You?

Two of the nation’s largest trucking companies announced plans to merge Monday, creating a trucking behemoth worth more than $5 billion. Swift and Knight Transportation Merge Swift Transportation and Knight Transportation announced an all-stock transaction that will merge the two trucking companies with Swift shareholders owning 54 percent, and Knight holders owning the remaining 46 percent, according to the Wall Street Journal. ... Read More »

9 Habits of Millionaires Any Entrepreneur Can Adopt (INFOGRAPHIC)

Want to be a millionaire? Who doesn’t, right? Well, if you believe in emulating those who are successful, this infographic that explores the habits of famous business millionaires may be a good place to start. Titled, “9 Effective Habits of Millionaires to Adopt Now,” the infographic by Beat The Market Analyzer gives us insights into some very successful individuals. We’ve all heard, ... Read More »

What Areas Of The Market Go Up During A Hurricane?

CARIBBEAN SEA – SEPTEMBER 7: In this NOAA handout image, NOAA’s GOES satellite shows Hurricane Irma as it moves towards the Florida Coast in the Caribbean Sea taken at 03:30 UTC on September 07, 2017. The state of Florida is in the track of where the hurricane may make landfall. (Photo by NOAA GOES Project via Getty Images) Hurricane Irma’s ... Read More »

RBI’s Viral Acharya calls for adequate of PSU bank recapitalization

RBI deputy governor Viral Acharya. Photo: Mint Mumbai: Reserve Bank of India (RBI) deputy governor Viral Acharya batted for “decisive and adequate recapitalization” of public sector banks to improve the health of these lenders, even as he expressed concern at the “glacial” pace of restoring public lenders’ health. “Given the correctly recognized scale of NPAs (non-performing assets) in the books of ... Read More »

UK economy loses momentum as fears mount about cost of Brexit, find latest surveys

The weaker growth trend in services was most evident in consumer-facing sectors such as restaurants, cinemas, gyms and hairdressers The UK economy is losing momentum as fears mount about Brexit, according to the latest round of industrial surveys. The Purchasing Managers’ Index for services in August came in at 53.2, down from 53.8 in July. Any figure above 50 signals expansion, but the ... Read More »

Eight stocks that have now fallen out of favour and why

Mumbai: While Indian markets have enjoyed a good run this year, here is a quick look at some stocks which have fallen out of investors’ favour, even though they were lucrative bets earlier. The stocks have been selected largely on the basis of changes in analysts’ preferences. Click here for enlarge IT sector Indian software services firms are struggling as US ... Read More »

5.7% GDP growth in Q1 matter of concern, says Arun Jaitley

Finance minster Arun Jaitley on Thursday attributed the lower GDP numbers to pre-GST destocking of goods and expressed hope that the economy will grow at 7 per cent, saying manufacturing has bottomed out. He further said that improvement in the global economy and good monsoon will aid GDP growth in the coming quarters which ought to be better if the country is ... Read More »

Indian mindset for ownership of Air India, in theory all open, says aviation minister

Civil aviation minister Ashok Gajapathi Raju on Thursday said the “Indian mindset” is to keep the ownership of Air India within the country but “theoretically everything is open”, including allowing foreign bidders. His comments assume significance as it indicates that the government might tweak the Foreign Direct Investment (FDI) norms with respect to Air India — the loss- making national ... Read More »

99% Of Banned 1000, 500 Rupee Notes Returned, Says RBI

The Reserve Bank of India (RBI) in its annual report released today revealed that about 99 per cent of the banned 500- and 1,000-rupee currency notes returned. According to RBI estimates, a total of Rs. 15.28 lakh crore in banned 500- and 1,000-rupee currency notes were returned by June 30, 2017, out of the estimated Rs. 15.44 lakh crore in ... Read More »

27 Percent of Small Business Owners Use Same Bank Account for Business and Personal (Infographic)

Managing finances is a key priority for small businesses. Yet many business owners make financial mistakesthat may cost them dearly. For example, a new study has revealed 27 percent of small business owners use the same checking account for personal and business finances. Downsides of Using the Same Bank Account for Business and Personal While it may seem easier to consolidate all ... Read More »