Economy

Cramer: Pick individual stocks with long-term growth stories in this ‘treacherous’ market

Cramer: Pick stocks with long-term growth stories   8 Hours Ago | 01:26 Between the mixed messages on U.S.-China trade and concerns about an economic slowdown, day-to-day stock-picking is becoming very challenging for the average investor, CNBC’s Jim Cramer acknowledged on Tuesday. “We’ve got to call a spade a spade. This market isn’t just volatile, it’s treacherous,” he said after yet ... Read More »

GST design could have been much better, says Ex-CEA Arvind Subramanian

Former Chief Economic Adviser Arvind Surbramanian (Photo: Reuters) Former Chief Economic Adviser (CEA) Arvind Subramanian on Sunday (December 10) said both demonetisation and implementation of Goods and Services Tax (GST) led to moderation of the Indian Economy. He also spoke on a wide range of economic challenges emerging from India’s farm and banking sector, fearing that further disruptions could trigger ... Read More »

Facebook increases stock buyback program by $9 billion

Mark Zuckerberg, chief executive officer of Facebook, Dan Rose, vice president, partnerships at Facebook, and Sheryl Sandberg, chief operating officer of Facebook, attend the annual Allen & Company Sun Valley Conference, July 12, 2018 in Sun Valley, Idaho. Facebook is increasing its buyback program by $9 billion, the company disclosed in a Friday filing with the Securities and Exchange Commission. ... Read More »

US is well on its way to Trump’s goal of ‘energy dominance,’ says Marathon Petroleum CEO

President Donald Trump’s goal of making the United States a global superpower in energy is starting to come true, Marathon Petroleum Corp. Chairman and CEO Gary Heminger told CNBC on Tuesday. “When I look at the president’s theme to begin with and the beginning of his administration, he wanted to have energy dominance in the U.S. and I believe that ... Read More »

Discovery looks to create a ‘golf Netflix’ with coaching videos from Tiger Woods as the centerpiece

Watch CNBC’s full interview with Tiger Woods   9:53 AM ET Wed, 28 Nov 2018 | 16:36 Will people pay to have Tiger Woods as a golf coach? Discovery, which just struck a multiyear global content collaboration deal with the 14-time major championship winner, is betting the answer to that question is yes. GolfTV, a new digital streaming service jointly created ... Read More »

Why are FMCG companies turning to e-commerce portals for product launches?

Be it a chocolate, chips or your favourite noodles, you will be able to find it on an e-commerce portal before it hits the supermarket shelves near you. FMCG companies are looking at exclusive tie-ups for a limited period to launch their products on e-commerce portals first before taking it to the mass markets. Last week, FMCG major ITC tied up with ... Read More »

JP Morgan sees a slowdown coming, with economy growing at less than 2 percent in 2019

Frederic J. Brown | AFP | Getty Images A container delivery truck passes containers stacked at the Port of Long Beach in Long Beach, California on July 6, 2018, including some from COSCO, the Chinese state-owned shipping and logistics company. – JP Morgan economists expect economic growth to slow down in 2019, to a pace of 1.9 percent for the ... Read More »

Why stock market investors should be closely watching bond yields

Timing bear markets is never easy, but it’s even more so with fixed income. When they do occur, they are often fairly quick in nature. Both instances of sovereign bonds cheapening in 2018 have been characterized by such behavior. In February, stock markets were roiled by the 40 basis point rise in 10-year U.S. yields . Yields have an inverse ... Read More »

Every state in India now has a functional airport

If tourists wanted to visit the north-eastern state of Sikkim, normally they would land at West Bengal’s Bagdogra airport and then travel the rest of the 124 km by bus or car to reach Sikkim’s capital city of Gangtok. But, that’s set to change with Pakyong airport opening for business today. The first flight to Sikkim’s first airport took off today morning from ... Read More »

Series of reforms transformed economy: Jaitley 

New Delhi, Aug 27 () Finance Minister Arun Jaitley has cited IMF reports to highlight how the Narendra Modi-led government through a series of reforms has transformed the “weak economy” it inherited from the UPA government. Jaitley, in a Facebook post, said an analysis of what the IMF had to say in 2014 was very clear — high inflation, high ... Read More »