Tag Archives: says

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 »

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 »

Saudi Arabia says kingdom to prosecute Khashoggi killers, lauds US ties

Saudi Arabia’s Foreign Minister Adel al-Jubeir said on Saturday that those behind the killing of journalist Jamal Khashoggi would be prosecuted in the kingdom and that the investigation would take time. Jubeir told a security summit in Bahrain that Riyadh’s relations with the United States were “ironclad” amid what he described as “media hysteria” over the killing of Khashoggi at ... Read More »

Small Businesses Must Adjust to Earlier Christmas Shopping Season, ComScore Says

It is August and the talk about holiday shopping has already begun in earnest. According to ComScore, for brands without plans to get in front of consumers early, this can pose a threat. It can also be seen as an opportunity for those who want to meet the rush early. Trend: People Shopping Earlier for the Holidays This year, the holiday shopping ... Read More »

58% of Small Business Owners Say Business is Good, Up 39% from Last Year, Survey Says

The confidence among small business owners is at record highs, and the results from the quarterly CNBC/SurveyMonkey Small Business Survey has revealed as much. Q3 2018 CNBC SurveyMonkey Small Business Confidence Index More than half or 58% of small business owners in the survey said their overall business conditions are good, which is up by five percentage points from the second quarter’s ... Read More »

71% of Consumers Watch Videos on Social Media to Laugh, Report Says

One of the great joys in life is laughter, and when it comes to consumers on social media, 71% said it is one of the reasons they watch videos. The 2018 Sprout Social Index report surveyed consumers and marketers to determine where in the funnel social marketing effort must be targeted. It is critically important to define this target because social media ... Read More »

Bank credit: can’t be business as usual, says RBI Deputy Governor N.S. Vishwanathan

RBI’s Vishwanathan says stressed asset norms aimed at changing behaviour of lenders and borrowers The Reserve Bank of India’s latest norms for the resolution of stressed assets are aimed at warding off further risks to the banking sector from lending operations, according to RBI Deputy Governor N.S. Vishwanathan. Speaking at the National Institute of Bank Management on Wednesday, Mr. Vishwanathan ... Read More »

Indian Economy Seems To Be On Way To Recovering From Demonetisation Disruptions, Says IMF

India’s economy has expanded strongly in recent years, said Tao Zhang, Deputy Managing Director of IMF. HIGHLIGHTS IMF has underscored the significance of reforms in education, health Economy expanded strongly because of macro economic policies Demonetization temporarily affected economic activity, said IMF Dy MD Washington: The Indian economy now seems to be on its way to recovering from disruptions caused by ... Read More »

International Day of Happiness: Money can buy you happiness, but only to a certain point, says Raj Raghunathan

Raj Raghunathan, professor of marketing (consumer behaviour) at University of Texas at Austin and author of ‘If You’re So Smart Why Aren’t you Happy?’, attempts to unravel the relationship between money and happiness. Can money buy you happiness? Perhaps, to some degree, if you manage it well. On International Day of Happiness on Tuesday, Raj Raghunathan, professor of marketing (consumer ... Read More »

This could get ‘very ugly, very fast’ for Boeing, says one market expert

Boeing lands in correction territory sinking more than 2 percent  18 Hours Ago | 02:19 Boeing is on track for its worst week in two years, and with so much political uncertainty surrounding trade policy, more pain could be ahead, according to one long-time market watcher. “The question is really not economic. It’s political at this point,” Boris Schlossberg, managing director of ... Read More »