Business

[ad_1] © Reuters. By Geoffrey Smith Investing.com – Gold prices rose strongly in line with risk assets, rather than havens, on Wednesday, as the pressure on hot money to liquidate to cover losing positions in oil eased. Monday and Tuesday had witnessed some forced selling as volatility in oil badly …

[ad_1] The United States-based Center for Disease, Dynamics and Economic Policy (CDDEP) said in its April 20 report that total Covid-19 infections in India through September could reach Rs 111 million, even with a “hard closure, continuous social distancing and isolation of cases”. Even this number is the average of …

[ad_1] Netflix clearly doesn’t want the coronavirus (COVID-19) pandemic to get between you and your stories: The streaming giant plans to raise around $ 1 billion in debt to fund new content, Reuters reports. The Los Gatos-based streaming monster reportedly said it would use the money to finance original content …

[ad_1] MUMBAI / BENGALURU: In what is touted as the largest strategic investment for a minority stake by a technology company anywhere in the world, social media giant Facebook agreed to invest $ 5.7 billion or Rs 43,574 million rupees for a 9.99% stake in Mumbai Jio Platforms, a unit …

[ad_1] Due to falling fuel demand and overflowing storage capacity, at least three oil refineries in India have ordered lower crude oil imports for May from the Middle East, including the world’s leading exporter from Saudi Arabia, they told Reuters refinery officials. Two oil refineries will cut their imports of …

[ad_1] According to data analysis by online streaming giant Netflix, Money Heist’s fourth season will outperform another viral show “Tiger King” in terms of audience. Both shows have dazzled people across the globe and forced people to watch binge-eating throughout the season in the midst of the shutdown. Tiger king: …

[ad_1] GURUGRAM: Despite receiving government permission to resume operations, manufacturing units in the state, both megacorps and small businesses, are choosing to remain closed, and for various reasons. Automotive giant Maruti, for example, has decided not to start production at its Manesar facility until demand is restored. “We will start …

[ad_1] Mumbai After making an effort to bail out Yes Bank last month, three private sector lenders already sold part of their stakes between March 17 and March 31, BSE share data showed. The Federal Bank sold the largest number of shares at Rs 5.86 million, followed by Kotak Mahindra …

[ad_1] New Delhi: The government will implement relief measures in a calibrated manner to support companies affected by the Covid-19-induced blockade, rather than a Big Bang stimulus that has been the norm followed by other nations, the chief economic adviser to the government said on Wednesday. Ministry of Finance, Sanjeev …

[ad_1] As Facebook, the world’s largest social media company, invests $ 5.7 billion for a 9.99 percent stake in Reliance Jio Platforms, the deal is also seen as a powerful alliance to take on formidable players in e-commerce and space. payments like Amazon, Flipkart and Google The association is expected …