Economy News

Markets are bleeding, but Jeff Bezos adds $25 billion to his fortune

According to Bloomberg Billionaire Index, Jeff Bezos' net worth is $125 billion. He added $25 billion to his fortune since January 1, despite the massive sell-offs in global markets.

Mar 26, 2018

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UPI winning the race: India's homegrown payment system beats Visa, Mastercard

The interface is regulated by the RBI and works by instantly transferring funds between two bank accounts on a mobile platform.

Mar 26, 2018

US Dollar, currencies, Euro, Yuan, Yen, Asian shares

New record in outbound remittances: Know how much money Indians send abroad

According to Reserve Bank of India data, outbound remittances by individual residents reached $1.2 billion in January 2018.

Mar 26, 2018

Snub to US? China, India in $2.4bn deal to boost agri-products trade

The trade boost comes ahead of a proposed meeting between Commerce Minister Suresh Prabhu and his Chinese counterpart Zhong Shan in New Delhi this week.

Mar 26, 2018

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Indian applicants for US EB-5 visas seen plunging 80%: CanAm

The forecast comes amidst a proposal by the U.S. government to raise the investment amount from $0.5 million to $1.3 million for EB-5 visa applications by next year.

Mar 26, 2018

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Gold prices at 15-month high on US-China trade war

Trump has repeatedly said that he would take a tough stance on trade with China. It has now led to safe-haven buying and resulted in the gold prices reaching a 15-month high.

Mar 24, 2018

Expensive two months for world's 500 richest people: Lost $436 billion

Mark Zuckerberg lost $10.3 billion and Larry Ellison suffered a drop of about $7 billion on the Bloomberg Billionaires Index.

Mar 24, 2018

No, govt cannot ban bitcoin but there's lot it can do

In order to ban bitcoin, governments will have to shut down the internet and its very unlikely that any country would resort to that level.

Mar 24, 2018

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Top five investment options for salaried individuals

At a time when investment in shares has seen a downward trajectory in respect of returns for you, you can consider these five good instruments to recoup better returns.

Mar 24, 2018

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H-1B Visa application and process: What you need to know

The petitions for H-1B visas will be accepted from April 2 and the filing of the petition for the fiscal year 2019 will starts on October 1, 2018.

Mar 24, 2018

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Markets weekahead: Nifty to test 9,800 resistance as bears take charge

The Indian markets will focus on ongoing trade war tensions between the U.S. and China, Europe economic data and Lemon Tree IPO in the truncated week.

Mar 24, 2018

Illegal cryptocurrency malware hits Tesla's Amazon Cloud resources

Top 6 exchanges to buy cryptocurrencies in India

Here are the top six cryptocurrency exchanges in India to buy or sell cryptocurrencies likes bitcoin, ripple, and ethereum.

Mar 23, 2018

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Australia replaces employer-sponsored subclass 457 visa: How will it impact Indians?

The subclass 457 visa category has been scrapped by the Australian government and replaced with Temporary Skill Shortage (TSS) visa.

Mar 23, 2018

Flipkart initiates aggressive tech hiring: Is it going Amazon way?

Flipkart has over 700 open positions in technology and related areas and planning soon to open a logistics park in Karnataka for enhancing its productivity.

Mar 23, 2018