Never backed demonetisation, warned of damage: Raghuram Rajan in his book

Rajan in the latest interview clarified that GDP suffered about 2-2.5 Lakh Crore due to Demonetization. "Although there might be long-term benefits, I felt the likely short-term economic costs would outweigh them", Rajan wrote. Rajan opined that dem... More..

by | Published more than a month ago
NY Daily News sold for US$1
by | Tuesday, September 05, 2017

NY Daily News sold for US$1

Tronc disclosed in a filing early Tuesday that it had paid $1 in cash plus the assumption of liabilities for the almost 100-year-old tabloid newspaper and a state-of-the-art printing plant in Jersey City, New J...More..

More than 4 million Time Warner Cable records exposed in leak
by | Monday, September 04, 2017

More than 4 million Time Warner Cable records exposed in leak

The compromised data included usernames, email addresses, MAC addresses, device serial numbers and financial transaction information, according to Gizmodo . "In this case, engineers accidentally leaked not onl...More..

Texas billionaire Dell to raise funds for Harvey recovery
by | Monday, September 04, 2017

Texas billionaire Dell to raise funds for Harvey recovery

The donation ― the largest single contribution to a Harvey relief organization yet ― will found the Rebuild Texas Fund. From ordinary citizens grabbing their boats to aid rescue efforts to Hollywood celebriti...More..

'Alphons Kannanthanam as minister is an Onam gift for Malayalis'
by | Monday, September 04, 2017

'Alphons Kannanthanam as minister is an Onam gift for Malayalis'

Meanwhile, Kummanam and Surendran are of the opinion that induction of Alphons Kannanthanam into the council of ministers is Prime Minister Narendra Modi's Onam gift to the people of Kerala. - Alphons Kanna...More..

Had no news on rejig, says Nitish Kumar
by | Monday, September 04, 2017

Had no news on rejig, says Nitish Kumar

Kumar made Singh his principal secretary after becoming Bihar Chief Minister in 2005. Later, the officer served as Union Home Secretary under the Congress party-led United Progressive Alliance government from...More..

Roku seeking IPO of $100M
by | Monday, September 04, 2017

Roku seeking IPO of $100M

The Los Gatos, CA-based company was founded in 2002 and booked $436 million in sales for the 12 months ended June 30, 2017. Roku's platform revenue and profit are growing more quickly than hardware, according...More..

Cowboys trade for Jayrone Elliott, cut Cedric Thornton
by | Monday, September 04, 2017

Cowboys trade for Jayrone Elliott, cut Cedric Thornton

Past year it was healthy cornerbacks who were in short supply, leading to one of the NFL's most porous pass defenses. He had to be carted off the field in the Packers' preseason opener against the Philadelp...More..

Sitharaman's appointment as Defence Minister a `significant landmark`: Jaitley
by | Monday, September 04, 2017

Sitharaman's appointment as Defence Minister a `significant landmark`: Jaitley

Among them were four former bureaucrats, two of whom - former IAS officer Alphons Kannanthanam and former diplomat Hardeep Singh Puri - are not Members of Parliament. "Somebody who has come from a small town, g...More..

Gulf Refinery Recovery Could Take Weeks; Fuel Prices Rise
by | Sunday, September 03, 2017

Gulf Refinery Recovery Could Take Weeks; Fuel Prices Rise

Wholesale gasoline prices , which does not include taxes and other costs applied at the pump, jumped 26 cents, or nearly 14 percent, Thursday to close at $2.14 a gallon, up 47 cents from before the hurrica...More..

FORD US AUTO SALES AUGUST 2017 - Overall Ford Down 2.1 Percent
by | Sunday, September 03, 2017

FORD US AUTO SALES AUGUST 2017 - Overall Ford Down 2.1 Percent

A 6 analysts rate it as either a buy or a strong buy, while2 believe that investors should either steer clear of F or, if they already own its stock, sell it. Piper Jaffray maintained it with "Buy" rating and $...More..

Oil Falls After Harvey Floods US Refineries
by | Sunday, September 03, 2017

Oil Falls After Harvey Floods US Refineries

While much of the region's refining infrastructure still remained offline from Harvey, which made landfall as a Category 4 hurricane last week and drenched Texas as a tropical storm, the restarts were a first s...More..

Hurricane Harvey: File Property Damage Claims Before September 1st
by | Sunday, September 03, 2017

Hurricane Harvey: File Property Damage Claims Before September 1st

But attempts to squeeze Hurricane Harvey into this mold don't work very well. We will continue to keep the victims of Hurricane Harvey in our thoughts during this hard time. "This incentivises risky const...More..

Gas prices in Bulloch County rise due to Hurricane Harvey
by | Sunday, September 03, 2017

Gas prices in Bulloch County rise due to Hurricane Harvey

Gasoline surged in NY, extending its longest rally since 2013 as an important conduit of fuel from the Gulf of Mexico to the U.S. East Coast began to close due to the effects of Tropical Storm Harvey . With...More..

Shikhar Dhawan to return to India on Sunday
by | Sunday, September 03, 2017

Shikhar Dhawan to return to India on Sunday

He has not scored an worldwide century since August 2015, and he had only scored one ODI fifty in his first nine innings this year, but during the 80-ball 70 on Thursday, at least, Angelo Mathews seemed to re...More..

Gas prices jump another six cents overnight
by | Sunday, September 03, 2017

Gas prices jump another six cents overnight

On Monday, the U.S. Energy Information Administration's reported the U.S. average retail gasoline price was $2.40 per gallon, a four-cent increase from the previous week and up 16 cents from the same time a yea...More..

Gas prices are still climbing, now up 24 cents since Harvey
by | Sunday, September 03, 2017

Gas prices are still climbing, now up 24 cents since Harvey

Two of the leading price-forecasting analysts, GasBuddy's Patrick DeHaan and Tom Kloza of the Oil Price Information Service, now see the national average peaking as high as $2.75 a gallon in the next few days...More..

UK, Japan to pace up sanctions against North Korea: Theresa May
by | Sunday, September 03, 2017

UK, Japan to pace up sanctions against North Korea: Theresa May

According to Politico , Mattis spoke with reporters at the Pentagon and said the United States is not now engaging in diplomatic talks with North Korea - a point made by Trump a day earlier. With tension...More..

Mortgage rates fall to their lowest level this year
by | Sunday, September 03, 2017

Mortgage rates fall to their lowest level this year

Interest rates on US 30-year mortgages declined for a fifth consecutive week to their lowest levels since early November as benchmark Treasury yields fell to nine-month lows earlier this week, Freddie Mac said ...More..

Matsuyama off pace at Dell Technologies C'ship, Johnson leads
by | Saturday, September 02, 2017

Matsuyama off pace at Dell Technologies C'ship, Johnson leads

It was a flawless 6-iron for me. Jordan Spieth went 12 holes before making his first birdie and opened with a 72. On the first hole, Mickelson stuck a wedge from 95 yards just 3 feet from the pin on his way...More..

Johnson takes clubhouse lead at TPC Boston
by | Saturday, September 02, 2017

Johnson takes clubhouse lead at TPC Boston

After winning the Northern Trust tournament in NY, last week, Johnson kept in the groove in Boston after a five-under-par 66 saw him take a one-shot advantage from the first round's play. Jordan Spieth (+1) and...More..

Jonah Goldberg: How do you solve a problem like North Korea?
by | Saturday, September 02, 2017

Jonah Goldberg: How do you solve a problem like North Korea?

Tuesday's aggressive missile launch - probably the longest ever from North Korea - over the territory of a close U.S. ally sends a clear message of defiance as Washington and Seoul conduct war games n...More..

Astros got stronger after landing Verlander
by | Saturday, September 02, 2017

Astros got stronger after landing Verlander

Now, despite a starting rotation full of guys you surely can not name, Mike Scioscia's team is among the leaders in a vexing American League wild card race, a game and a half back of the Twins for the second ...More..

Average Brokerage Recommendation for Wells Fargo & Company
by | Saturday, September 02, 2017

Average Brokerage Recommendation for Wells Fargo & Company

The scandal over phony accounts first erupted last September, when Wells Fargo reached a US$190 million settlement with regulators over the matter. Wells Fargo & (NYSE: WFC ) last released its quarterly earni...More..

USA manufacturing heats up in August
by | Saturday, September 02, 2017

USA manufacturing heats up in August

It was the highest reading since April 2011. Mr Fiore said respondents anticipate "energy impacts seen throughout the United States", and other negative effects for the next three months, including on materia...More..

Japan's Abe, UK May pledge cooperation on North Korea threat
by | Saturday, September 02, 2017

Japan's Abe, UK May pledge cooperation on North Korea threat

Spain also summoned North Korea's ambassador on Thursday and demanded that a number of the country's diplomats in Madrid leave the country. North Korea has said that Tuesday's missile test was a direct respon...More..

Which Way is The Street Betting Oclaro, Inc. (NASDAQ:OCLR) Will Go?
by | Saturday, September 02, 2017

Which Way is The Street Betting Oclaro, Inc. (NASDAQ:OCLR) Will Go?

The firm's revenue was up 61.7% compared to the same quarter past year. Nutanix updated its Q1 guidance to ($0.37) EPS. Nutanix Inc provides next-generation enterprise cloud platform that converges tradit...More..

U.S. stocks rise after weak jobs report
by | Saturday, September 02, 2017

U.S. stocks rise after weak jobs report

And despite the fact 16.6 percent of U.S. crude refining capacity remains off line in the aftermath of Hurricane Harvey, oil stocks still rose, with BP adding a full percentage point, ConocoPhillips gaining 0.6...More..

Texas judge strikes down Obama overtime rule
by | Saturday, September 02, 2017

Texas judge strikes down Obama overtime rule

The rule would have almost doubled current salary threshold from its current $23,360 to $47,476, under which virtually all workers will be eligible for mandatory time-and-a-half overtime pay. Rep. Mark Takano (...More..

People denied entry post Trump travel ban can reapply for visas
by | Saturday, September 02, 2017

People denied entry post Trump travel ban can reapply for visas

Foreigners who were barred from entering the United States during President Donald Trump's first attempt to ban travel from seven Muslim-majority nations will get government help reapplying for visas under a la...More..