As markets take Covid-19 hit, is it time to invest?

The fear of Covid-19, more commonly referred to as novel coronavirus, spreading outside China at an alarming pace has spooked global equity markets, including the Indian equity market. The benchmark S&P 500 index which measures the stock performance of the top 500 US companies, corrected around 13% between 19 and 28 February. Taking cues from global peers, S&P BSE Sensex lost 1,448 points on 28 February alone, wiping out close to ₹5.5 trillion of investors’ wealth. Till 28 February, it had corrected 9% from its peak on 14 January 2020. On…

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Madhya Pradesh claims major investment after CM’s Davos visit, BJP dubs it lip service

Madhya Pradesh Chief Minister Kamal Nath during the Davos World Economic Forum State Session on Wednesday.(ANI) The Congress government in Madhya Pradesh has claimed it is expecting an investment of more than Rs 4000 crore after chief minister Kamal Nath’s meeting with some of the corporate leaders from around the world during his ongoing visit to Davos. A government spokesperson said Kamal Nath met various leading industrialists, including the chairperson of MKS Company Marwan Shakarchi and president and chief executive officer of Novo Nordisk, Lars Fruergaard Jorgensen, and several others…

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Babylon Health Gets $2 Billion Valuation With New Funding That Will Help It Expand In U.S.

Ali Parsa CEO and cofounder of Babylon Health. BABYLON HEALTH Babylon Health, a U.K.-based startup whose fast growth has been shadowed by concerns about the efficacy of its telemedicine apps, has raised $550 million in Series C funding, elevating the company to unicorn status. Saudi Arabia’s Public Investment Fund (PIF), which invest on behalf of the Saudi Arabian government, led the round that valued the company at $2 billion with a total of $635 million raised. The new capital will enable the company to expand into more markets including the…

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What are travel cards. Do you need it?

Mumbai: Travel is fun. And the right tools can make travel even more fun. Have you considered opting for a travel credit card? “The first thing that people associate with travel cards are air miles. However, travel cards also come with other features,” said Navin Chandani, chief business development officer, Bankbazaar. To know more, read on. What are travel cards? A travel card is a type of credit card that is specifically designed keeping in mind the needs of a traveller. A normal credit card gives you rewards in form of cashback…

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Kerala makes it to CNN Travel’s list of 19 places to visit in 2019

Soak in the beauty of Kerala in 2019. (Source: Instagram/KeralaTourism, Designed by Gargi Singh) Kerala became one of the 19 places shortlisted by CNN this year for travel enthusiasts to visit in 2019. Stating that Kerala lives up to its moniker, God’s Own Country, the reports says, “This area of India has it all: sun, sea, sand, good food, houseboats, culture and wildlife. Its spectacular natural landscapes — think palm trees and sprawling backwaters — lend the region the nickname “God’s Own Country.” The report also mentions the floods that wreaked havoc in…

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