Tag Archives: year

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 »

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 »

Small finance banks on deposit mobilisation spree on 1st year of operation

With eight out of ten small finance banks now fully operational, aggressive deposit mobilisation in the first year of operation has turned out to be the key strategy for almost all the new entities. In addition, the new age banks are betting big on technology to reduce the cost of operations.   All the operational small finance banks are offering up to 100-150 basis points higher interest rate on term deposits over market rates. ... Read More »

Small, Mid-Cap Stocks Outshine Bluechips This Year

Shares of small and medium companies of BSE have given returns of up to 28 per cent to investors this year so far, outperforming their bigger peers. While the BSE small-cap index surged 27.91 per cent in 2017 so far, the mid-cap index soared 25.44 per cent. On the other hand, the benchmark BSE Sensex rose by 18.11 per cent ... Read More »

Small Business Job Growth is .70 Percent Slower Than Last Year

The latest Paychex | IHS Markit Small Business Employment Watch  reports the pace of small business job growth has slowed for the fifth consecutive month. It’s .70 percent slower than July of last year. That puts the numbers under a nationally established baseline for growth for the first time in six years. However, wages seem to be increasing at a decent rate across the country. ... Read More »

The wealth destroyers: 12 stocks that turned crorepatis into average men this year

The list of top wealth destroyers has several big names such as Videocon and Religare. NEW DELHI: Everyone talks about multibaggers in the stock market; very few dare mention the wealth destroyers. A dozen BSE-listed stocks with market values in excess of Rs 500 crore have wiped out up to 85 per cent of investor wealth this year, even as the benchmark Sensex rallied over 22 ... Read More »

40 Percent of Small Businesses Have Had Cash Flow Issues Within the Last Year

Small businesses have a tough time managing money and payments, a study has found. According to research conducted by WePay, an online payment service provider, 41 percent of businesses report having experienced cash flow challenges. Sixteen percent say they have experienced payment fraud — just in the last year. Small Businesses Cash Flow Issues and Payment Challenges Cash flow issues seem to have ... Read More »

Get ready! India’s own GPS set to hit the market early next year

PM Modi watching the 2016 launch of IRNSS-1G, the seventh satellite in a series which ensured the completion of Indian Regional Navigation Satellite System. (Picture source: http://www.narendramodi.in) Less HIGHLIGHTS Top Isro official says NavIC is more accurate than US system. NavIC (‘Navigation with Indian Constellation’ whose Hindi meaning is ‘sailor’ or ‘navigator’) is the name given by PM Modi. NavIC ... Read More »

ACE Report: Economy is ‘inching forward’ this year

The seven counties of Northeast Ohio added 943 jobs in February, a modest number, but the second straight month of job increases, according to the Ahola Crain’s Employment (ACE) Report. Year-over-year, payrolls were up by 5,422 jobs on a seasonally adjusted basis, a 0.46% increase. February payrolls for the Cleveland Akron Metropolitan Area equaled 1,180,415 on a seasonally adjusted basis. ... Read More »

China likely to allow companies to issue shares in Frankfurt this year – bourse

Chinese companies will likely be allowed to sell their shares in Germany via issuing so-called “D shares” as soon as this year, in a move that will help them raise their profile in Europe, the Shanghai Stock Exchange (SSE) said. The plan to launch D shares – Frankfurt-traded shares sold by China-registered firms – is being studied by the Frankfurt-based ... Read More »