Business

Older Americans Are More Millennial Than Millennials

By Rob 0
Young people are the supposed vanguards of a new economic age. Unlike their parents, young people are said to value happiness over money. They prefer gigs over jobs. They prefer flexibility and meaning rather than status and hours at work. Rather than attach themselves to a single company, they are ushering in an economy of Read More

Market round up: DII holding in BSE 200 at all-time high

By Selene 0
The shareholding of domestic institutional investors (DIIs) in BSE 200 firms touched an all-time high in the March quarter, according to a recent report by Motilal Oswal Securities Ltd. DII holding in BSE 200 companies ended the March quarter at 12.9%, up from 12.5% a year ago. DIIs, including mutual fund houses, have been key Read More

Govt said to have appointed investment banks for Mazagon Dock Shipbuilders IPO

By Selene 0
Mumbai: The department of investment and public asset management (DIPAM) has appointed investment banks for the initial public offering (IPO) of state-owned Mazagon Dock Shipbuilders Ltd (MDL), two people aware of the development said.   MDL caters to the nation’s strategic requirements, making ships for the navy and other buyers. It was established in 1934. Read More

US markets: Retail stocks rebound to boost S&P, Nasdaq to record highs

By Selene 0
Bengalore: US stocks rose on Thursday, with the S&P 500 and Nasdaq Composite scaling new highs, buoyed by strong earnings reports from the embattled retail sector. Sentiment also got a boost after the minutes of the US Federal Reserve’s latest meeting showed policymakers expected the economy to pick up momentum and an interest rate hike Read More

India retains world’s highest FDI recipient crown, says report

By Selene 0
New Delhi: India retained its top rank of being the world’s premier greenfield FDI investment destination for the second consecutive year, attracting $ 62.3 billion in 2016, says a report. India has remained ahead of China and the US as far as FDI inflows were concerned in the last year, said the “fDi Report 2017”, Read More

The People Left Behind When Only the ‘Deserving’ Poor Get Help

By Rob 0
ORLAND, Maine—In the eyes of the state of Maine, Laurie Kane is an able-bodied adult without dependents, and thus ineligible for most forms of government support. In her own eyes, it is hard to see how she is going to find housing, work, and stability without help. Kane is struggling to put her life back Read More