In a blog post, the president of the U.S. Chamber of Commerce, Suzanne Clark, suggested that the spokes can also represent two sets of job sectors. Industries like tech and software—which have survived due to telemedicine, communication and distance learning—may continue to grow, while travel, entertainment, and food services, which rely on in-person activities, may trend in a downward direction. “There is no end in sight to the economic malaise” for those industries, she writes. Even though many of those businesses are innovating and adapting: “there is only so long you can survive on razor thin margins with persistently diminished revenue.” … [Read more...] about Forget U or V or W: We may be headed toward a K-shaped recovery
Zimbabwe democracy and economic recovery act
Commenting on the deal, RIL said this is the largest investment for a minority stake by a technology company anywhere in the world and the largest FDI in the technology sector in India. The investment values Jio Platforms amongst the top 5 listed companies in India by market capitalization, within just three and a half years of launch of commercial services, it said in a statement. … [Read more...] about Facebook buys 9.9% stake in Reliance Jio for Rs 43,574 crore in largest tech FDI
In the last session, the Nifty had taken support near the junction of the 40 DEMA, the daily lower Bollinger Band and the lower end of a rising channel. On the hourly chart, the index formed a wedge pattern where the lower end acted as a support on September 9. … [Read more...] about After The Bell: Bulls bounce back, here’s what investors should do on Friday
However, to keep expenses to the minimum, it’s advisable to stay away from investing in physical gold this year. If at all gold buying is non-negotiable, it’s prudent to invest in gold ETFs as they can be purchased and sold anytime. Also, they help you take advantage of intermittent volatility in gold prices. … [Read more...] about Festivities and your portfolio: how should you mange your money?
Like they say, an unprecedented situation requires out of line strategies and out of box thinking. While the government is already working on providing stimulus measures to improve ease of doing business for producers and ease of living especially for the lesser strata of society, it is high time that corporate stalwarts in all fairness improve working and living conditions for its labour force. This will help bring back migrant workers, fuel up production and act as a booster on the supply side. Fingers crossed, festival season and the nudge theory in conjunction will help bring back positive consumer sentiments and thus propel the demand side of the economy. … [Read more...] about Behavioural nudge: Key to revival from COVID-19 onslaught