for Archives - Page 4 of 95

BANKS PRESSURE HEALTH CARE FIRMS TO RAISE PRICES ON CRITICAL DRUGS, MEDICAL SUPPLIES FOR CORONAVIRUS

March 20, 2020March 20, 2020 Loknath Dasbanks, Care, Critical, drugs, Firms, for, Health, medical, On, Pressure?, Prices, Raise, SUPPLIES, to

IN RECENT WEEKS, investment bankers have pressed health care companies on the front lines of fighting the novel coronavirus, including drug firms developing experimental treatments and medical supply firms, to consider ways that they can profit from the crisis. The media has mostly focused on individuals who have taken advantage of the market for now-scarce medical and hygiene supplies to hoard masks and hand sanitizer and resell them at higher prices. But the largest voices in the health care industry stand to gain from billions of dollars in emergency spending on the pandemic, as do…

Do recurring investment for yearly goal

March 2, 2020March 2, 2020 Loknath DasDo, for, investment, recurring, yearly

I retired at the age of 65. Now there is no contribution to my Employees’ Provident Fund (EPF) account. Will my account continue to earn interest as declared from time to time? —R.K. Gupta Employees typically rely on EPF to build their retirement corpus. With years of contribution both by the employer and the employee and along with the interest, and the benefit of compounding which works in favour of the investor, a sizeable corpus is built. On top of that, the tax-free status given to EPF makes it an…

Better than physical Gold investment! Women may explore these options for safety, high returns

March 1, 2020March 1, 2020 Loknath Das'Explore', Better, for, Gold, High;, investment, May, Options, physical, Safety, Than, these, Women

Check gold investment alternative options in India. Gold investment risks and options in India: Being the second-largest consumer of gold, investing in gold and gold jewellery has always been a favourite option in India, especially among women. Although physical gold can be bought in different forms, such as bars, coins, and even jewellery, this comes at a cost and brings in the risk of storage, risk of being stolen, as well as concerns around purity. So, is there a way to get rid of these risks while investing in Gold? Harsh…

Social media cos may soon be held accountable for sponsored, non-user generated content: Report

February 7, 2020February 7, 2020 Loknath Dasaccountable, be, content, cos, for, generated, Held, May, Media, non-user, Social, Soon, sponsored

The government may soon hold social media platforms accountable for all non-user generated content, including sponsored posts, The Economic Times reported. The government is planning to insert a clause to Section 79-II of the Information Technology Act, 2000. The law currently exempts social media platforms from liability for any third-party content. Once the new clause is added, companies will be required to tag and identify all sponsored content published on their platforms. “Onus of non-user generated content will now fall on social media platforms,” the article quotes a senior government official…

National teachers union sues Education Secretary Betsy DeVos for repeal of student protections

January 24, 2020January 24, 2020 Loknath DasBetsy, DeVos, Education, for, national, of, repeal, Secretary, Student, sues, teachers, Union

The American Federation of Teachers filed a lawsuit Wednesday against the Education Department and Education Secretary Betsy DeVos for her repeal of Obama-era regulations designed to hold for-profit colleges and universities accountable to their students. The AFT accused DeVos of violating the law to repeal protections for students at for-profit colleges, and it argued that the regulations could save taxpayers over $5 billion on money going toward failing programs, according to the complaint. “The reason that we filed this lawsuit, the reason that the attorneys general throughout the country are doing this, is to…

SoftBank offers up to $40b investment for Indonesia’s new capital

January 18, 2020January 18, 2020 Loknath Das$40b, for, Indonesia’s, investment, New, Offers, Softbank, to, Up

Indonesia’s coordinating minister for maritime affairs and investments Luhut Pandjaitan said that Japanese conglomerate SoftBank would likely invest US$30 billion to US$40 billion for the development of Indonesia’s new capital city in East Kalimantan province, the Indonesian part of Borneo island, according to Bloomberg. The statement followed SoftBank CEO Masayoshi Son’s visit in Jakarta last week to meet President Joko Widodo. During the encounter that was also attended by Grab’s CEO and co-founder Anthony Tan, Son expressed his interest to fund “the new Jakarta.” Pandjaitan said the president will announce his…