Keeping in touch is a good practice. But when it comes to persistent insurance salespersons, maintaining a safe distance looks like a better option at least on WhatsApp.Subscribe to Moneycontrol Pro's Annual plan for Rs 399/- for the first year. Use coupon PRO2020 (Available on Web & Android only). … [Read more...] about Your insurer just wants to ‘keep in touch’
Small engine to buy
Amazon also had a good quarter. After failing to meet analysts' earnings expectation for two quarters, the company posted a robust 21 percent YoY increase in net sales beating Wall Street estimates. Moreover, its global Prime membership jumped from 100 million to 150 million in just 19 months making it an overwhelming success. … [Read more...] about As coronavirus halts US stocks’ rally, can FAANG offer safe place to investors?
The company said it has monitored for price spikes and false claims through a mix of automated and manual review of listings.Subscribe to Moneycontrol Pro's Annual plan for Rs 399/- for the first year. Use coupon PRO2020 (Available on Web & Android only). … [Read more...] about Amazon bars 1 million products for false coronavirus claims
There is, though, one respect in which this virus-induced crash is different. Central bank injections of liquidity cannot cure the disease, nor will they arrest its spread. As we have never tired of reiterating, the markets had run-up on a gush of liquidity unleashed by central banks around the globe. They have run up, as we have pointed out ad nauseam, far ahead of the ‘fundamentals’. They had gone up in the belief that central banks had the markets’ back and would rush to their rescue at the slightest wobble. That hope still exists, which is why the markets are now clamouring for a Fed rate cut in March and two more rate cuts this year. Central banks in China and some other Asian countries have opened their purses. Governments too are doing their bit — Hong Kong is planning to give all permanent residents above 18 a hand-out of HK$10000. … [Read more...] about Moneycontrol Pro Weekender: Time to pay the bill?
The details are in the accompanying chart, which shows if both the US and Chinese growth fall by a percentage point, global growth will slow by 0.8 percentage points this year and 0.7 percentage points in 2020. If only the US or China slow down, the impact is much less. … [Read more...] about 100-Word Take | When elephants fight, how badly does the grass get trampled?