Day: August 14, 2020

Europe Stocks Slump on Travel Rules; Dollar Steady: Markets Wrap

(Bloomberg) — European stocks fell on Friday as fresh quarantine rules and a record drop in second-quarter employment weighed on recovery hopes. Treasury yields declined after rising for five days and the dollar drifted.

The Stoxx Europe 600 Index sank after Britain added France, the Netherlands and Malta to its list of countries from which people arriving have to quarantine for 14 days. EasyJet Plc fell as much as 8% and British Airways owner IAG SA by as much as 7%.

Futures on the main U.S. equity benchmarks slipped ahead of retail sales data for July. Gold edged lower and

3 years of GST: What taxpayers still complain about; an in-depth look at its role in Indian economy

Introduction of e-way bills and removal of state check posts have reduced transportation time by 20-25%.

 Divakar Vijayasarathy

“The first step to getting anywhere is deciding you are no longer willing to stay where you are”, so when our Late Prime Minister Shri Vajpayee, mooted the idea of “One Nation One Tax” i.e GST in 2000, little did one realise that it would take 16 years with numerous Committees and deliberations cutting across political lines to finally get the legislation enacted in 2016. So here we are finally, with our own desi version of GST, to meander through the complexities

Intel reveals new transistor technology, claims its future chips could be 20% faster

Intel’s shares have fallen nearly 20% since the delays were disclosed.

Intel Corp on Thursday disclosed a new method for making transistors on semiconductors that its chief architect said could boost the performance Intel’s next round of processors by as much as 20%.

The Santa Clara, California-based company is one of the few remaining in the world that both designs and manufactures its own chips. But its manufacturing operations have become a concern among investors after Intel last month said that its next-generation chip-making process, called its 7-nanonmeter process node, would be delayed.

Analysts believe the delays could cement the