Sweden Bans Huawei, ZTE From New 5G Infrastructure

The airline said it will operate a daily 737 Max flight between Miami and New York from Dec. 29 to Jan. 4, with flights available for booking from Oct. 24. “We remain in contact with the FAA and Boeing on the certification process and we’ll continue to update our plans based on when the aircraft is certified,” the company said in an statement. The Boeing 737 MAX has been grounded since March 2019 after two fatal crashes killed 346 people, but the FAA is expected to lift its grounding order at some point in November.

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Indians shying away from retirement plans; focus more on these new-age priorities

The airline said it will operate a daily 737 Max flight between Miami and New York from Dec. 29 to Jan. 4, with flights available for booking from Oct. 24. “We remain in contact with the FAA and Boeing on the certification process and we’ll continue to update our plans based on when the aircraft is certified,” the company said in an statement. The Boeing 737 MAX has been grounded since March 2019 after two fatal crashes killed 346 people, but the FAA is expected to lift its grounding order at some point in November.

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Vedanta’s delisting failure raises risks over parent co’s ability to service debt beyond 12 months

The airline said it will operate a daily 737 Max flight between Miami and New York from Dec. 29 to Jan. 4, with flights available for booking from Oct. 24. “We remain in contact with the FAA and Boeing on the certification process and we’ll continue to update our plans based on when the aircraft is certified,” the company said in an statement. The Boeing 737 MAX has been grounded since March 2019 after two fatal crashes killed 346 people, but the FAA is expected to lift its grounding order at some point in November.

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World’s Biggest Fracker Sees Signs of Rebirth as Slump Ebbs

The airline said it will operate a daily 737 Max flight between Miami and New York from Dec. 29 to Jan. 4, with flights available for booking from Oct. 24. “We remain in contact with the FAA and Boeing on the certification process and we’ll continue to update our plans based on when the aircraft is certified,” the company said in an statement. The Boeing 737 MAX has been grounded since March 2019 after two fatal crashes killed 346 people, but the FAA is expected to lift its grounding order at some point in November.

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RBI says farm loans excluded from resolution framework; lists out loan categories eligible for scheme

Loans to allied activities, such as dairy, fishery, animal husbandry, poultry, bee-keeping, and sericulture would be eligible for the resolution scheme.

The Reserve Bank of India today clarified that the farm credit exposures of all lending institutions, including NBFCs, are excluded from the scope of the resolution framework. However, the Reserve Bank added that the loans to allied activities, such as dairy, fishery, animal husbandry, poultry, bee-keeping, and sericulture would be eligible for the resolution scheme. It further said that the loans given to farmer households would be eligible for resolution if they do not meet any other conditions for

JPMorgan posts earnings beat during Q3; coronavirus credit losses smaller than expected

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These 2 Penny Stocks Could See Outsized Gains, Says Oppenheimer

Lines drawn in the sand in Washington D.C. are holding the next stimulus package hostage, but what does this mean for Wall Street? Despite the stalemate on Capitol Hill, the S&P 500 has rallied 9.5% from a recent low on September 23 on the back of strong economic data.Against this backdrop, investors and economists are starting to wonder if the better-than-expected recent economic data suggests that earlier stimulus packages will be enough to support the economy as we move towards a post-COVID world.Oppenheimer’s Chief Investment Strategist John Stoltzfus points

Why govt employees may not opt for LTC cash voucher scheme; SBI Research lists out major roadblocks

The research report has estimated that only around 10-15 per cent employees would use the LTC cash voucher scheme.

Finance Minister Nirmala Sitharaman announced the LTC cash voucher scheme for the government employees on Tuesday, however, the scheme has a ‘conditions apply’ tag attached to it. The scheme is unlikely to work unless the government decides to pay the GST component also over and above the fare entitlement amount as is done by many PSU banks, said the SBI Ecowrap report. Further, since LTC covers the dependent family members as well, the drawdown on the personal income will be huge,

Depositors start spending ahead of festive season; banks’ liquidity surplus hit by these factors

The moderation in bank deposits on a fortnightly basis indicates that with the nearing of the festive season, the depositors have started spending.

As festive season knocks around the corner, consumers have increased spending, leading to a moderation in bank deposits in the fortnight ending-September 25. While the bank deposits increased by 10.5 per cent on-year in the fortnight, it moderated in comparison to the previous fortnight. The moderation on fortnightly basis indicates that with the nearing of the festive season, the depositors have started spending, said a report by Care Ratings. On the other hand, the overall credit

Stimulus bets prop up S&P, Nasdaq futures

“Headline havoc will continue to drive volatility, but investors are all but certain that whoever wins the election, a new bold fiscal package is on the way,” said Hussein Sayed, chief market strategist at FXTM. A recent Reuters/Ipsos poll showed Americans were steadily losing confidence in President Donald Trump’s handling of the COVID-19 pandemic, with his net approval on the issue hitting a record low. With the Oct. 15 presidential debate officially canceled, Trump plans to travel to key battleground states this week as his doctor declared he was no longer a transmission risk for the novel coronavirus.

FM Sitharaman addresses media on economic issues

India’s fight against the pandemic was more difficult as the country was already carrying a burden of a prolonged slowdown.

Nirmala Sitharaman LIVE: Finance Minister Nirmala Sitharaman today announced that government employees can avail cash voucher for LTC if they can’t travel due to pandemic. Employees can use the money to buy items attracting 12 per cent or more GST, increasing consumer demand. However, employees can spend an LTC cash voucher only through digital mode and at places registered under GST before 31 March 2021. FM Sitharaman is addressing media on economic issues, ahead of the GST Council meeting scheduled

Amazon Great Indian Festival Sale top smartphone deals: iPhone 11 under Rs 50,000, OnePlus 8 5G under Rs 40,000 and more

iPhone 11 has crazy good cameras and crazy good performance.

Amazon Great Indian Festival Sale 2020 is almost here. The promotional sales event that kicks off October 17 — October 16 for Amazon Prime members — will see Amazon India offering hefty discounts and attractive deals across product categories, including smartphones. Basically, if you have been holding on to buy a new smartphone, the time is just right to get one.

Not just Amazon India, rival Flipkart is also hosting its Big Billion Days sale starting October 16, so make sure you check that out too to get all the

FuelCell Energy Gains Over 10% On $8M US Contract

Shares of FuelCell Energy surged over 10% on Friday after the fuel cell technology leader won a $8 million government project by the U.S. Department of Energy (DoE).FuelCell Energy (FCEL) said that the government project “will be the first multi-stack electrolysis system produced with the Company’s solid oxide technology” and would in turn enable it to commercialize its high efficiency electrolysis technology. It would “support the design and manufacture of a SureSource electrolysis platform capable of producing hydrogen.”On Oct. 8, J.P. Morgan analyst Paul Coster initiated coverage on the stock with a Buy rating and a $3 price target, as …

India’s health budget 4th lowest in world; among worst nations to tackle inequality in pandemic: Report

Only half of India’s population have access to even the most essential health services, said CRI Index.

Even as the government has been regularly reporting an increasing level of Covid-19 recoveries, the country doesn’t seem to have fared well in terms of fighting inequality among its people going into the pandemic. That’s because of low spending on public healthcare, poor access health services and labour rights etc, according to Oxfam – an international confederation of charitable organisations. India, which is ranked 129 out of 158 countries in the Commitment to Reducing Inequality (CRI) Index by Oxfam, spent just 4 per

Porting to Reliance Jio number? Now you can carry forward credit limit from your existing operator

Jio is offering its entry-level users of JioPostpaid Plus a plan at the cost of Rs 399.

Jio: Reliance Jio to now allow carrying forward of credit limit from other operators! Reliance Jio has now decided to allow users to carry forward the credit limit from existing operators when porting their postpaid number to Jio. This would not come at any additional cost to the users. This comes soon after the telecom company announced multiple plans for JioPostpaid Plus in late September. These plans are available in several tiers with prices ranging between Rs 399 and Rs 1,499. These plans