ASIA: India’s central bank, the Reserve Bank of India (RBI) will open a special liquidity window of approximately 6.6 billion USD to ease pressure on mutual funds, which are facing liquidity strains due to heightened volatility in capital markets in the wake of the COVID-19 outbreak. The scheme is available from April 27, 2020, until […]

ASIA: India’s Nifty 50 index could soon see Bharti Infratel, Vedanta Ltd, Zee Entertainment, Tata Motors, and GAIL India exit from the index owing to the low average free-float market capitalization, and replaced with other heavyweights. Top contenders to replace these shares in the Nifty 50 index include Radhakishan Damani’s Avenue Supermarts, API manufacturer Divi’s […]

ASIA: The Indian government has announced a new policy on Foreign Direct Investment (FDI) from border sharing countries. The new law came into effect after the Foreign Exchange Management Act (FEMA) notification which was released late night on April 22. This law mandated prior government approvals for FDI from India’s neighbors such as Pakistan, China, […]

ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 291.49 points or 1.52% to 19,429.44 Shanghai decreased 5.48 points or -0.19% to 2,838.50 Hang Seng increased 83.96 points or 0.35% to 23,977.32 ASX 200 decreased 4.10 points or -0.08% to 5,217.10 Kospi increased 18.58 points or 0.98% to 1,914.73 SENSEX […]

  The censorship being imposed by Youtube, Facebook, and others trying to crush any resistance to being locked-down is astonishing. This documentary has been out for years. They are now reviewing anything that exposures the truth of the World Health Organization and the corruption that is systemic. We need to write to everyone in Congress […]

ASIA: Facebook will buy a 10% stake in the digital business of Reliance Industries for 5.7 billion USD, as the social media firm looks to leverage its highly popular WhatsApp chat service to offer digital payment services. The deal will help the Reliance Industries cut debt that has piled up in its expensive push to […]

ASIA: India’s market regulator, the Securities and Exchange Board of India (SEBI), temporarily eased some fund-raising regulations for listed entities to give them easier and faster access to capital markets. To allow more companies to avail fast-track rights issuances, SEBI reduced the required average market capitalization of public shareholding required to 1 billion rupees from […]

Our favorite entertainer in Congress, Alexandria Ocasio-Cortez (AOC; D-NY), on Monday deleted a message after she was criticized in which she cheered her New Green Deal in the light of the historic drop in oil prices as an opportunity to invest in “green infrastructure to save our planet.” She thinks this will create new jobs […]

The United Nations’ Green CClimate Fund wrote: “The COVID-19 pandemic and the global response required to stem it shows the importance of acting together to solve unparalleled threats to people and our planet. The far-reaching impacts of COVID-19 are a stark reminder of the catastrophic implications the world faces if we don’t.” Spot crude has […]

ASIA: India has pitched for enhancing the emergency assistance of the National Development Bank to $10 billion from $1 billion. The issue was flagged by union finance minister Nirmala Sitharaman at the annual meeting of the board of governors of the National Development Bank (NDB) via video conference on Monday. NDB has so far approved […]