Crunch week as Fed meets on rates, Trump team joins G20
LONDON (Reuters) – After a year that tipped conventional wisdom on its head, the coming week might suggest a return to some sort of normality for the global economy — or instead take investors into a whole new round of uncertainty. ... read more »
Some bank bulls grow wary on policy uncertainty
(Reuters) – Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates, lighter regulation, lower taxes and faster economic growth would boost profits for lenders. ... read more »
State-owned carrier Air India understated losses – CAG
NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years to March 2015, the federal auditor said in a report, highlighting the carrier’s financial distress. ... read more »
India’s Avenue Supermarts IPO oversubscribed 106 times
MUMBAI (Reuters) – The last day of bidding for an initial public offering (IPO) by India’s Avenue Supermarts Ltd saw investors clamouring for the shares, tempted by the company’s strong credentials and with a continued momentum from recent share offerings. ... read more »
Being a vegan helps lose weight
If you are looking for a size zero figure, then following a vegan diet that includes no animal products could offer better results than other weight-loss plans, says a... read more »
Indian designer gives sarees whole new avatars
While we never get tired of the traditional way of draping a saree, the ethnic Indian attire has bloomed out to new silhouettes, cuts, and draping styles in recent times. Now, Indian... read more »
Power of Purse! Expensive designer bags are conveyers of status
There’s a lot more to a handbag than just carrying things, as women use high-end handbags and other expensive accessories to signal other women not just their higher ranks but to... read more »
Foodies beware! Junk food could make you ‘depressed’
If you love gorging on fast food, chances are that you might end up being depressed, claims a new study. San Diego State University researchers analysed almost 5000 individuals’ trans... read more »
Working moms readily accepted now
Societal acceptance of working mothers is now a given and is at an all-time high, says a new study. Researchers analysed data from nearly 600,000 respondents from two nationally representative... read more »