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India’s rupee, among Asia’s worst-performing currencies this year, could be the fastest in the region to rally as the world restarts economic activities after the coronavirus pandemic, oil prices weaken and the US dollar eases broadly, analysts said. The partially convertible Indian rupee has lost nearly 7% so far this year, despite dollar supplying intervention.

India is moving the oil to the SPR to help the country’s refineries reduce their excess crude as the lockdown to contain the outbreak of COVID-19, the respiratory disease caused by the new coronavirus, has dented transportation and industrial fuel consumption in Asia’s third-largest economy.

Reliance Group chairman Anil Ambani is running out of time. The brother of one of Asia’s most wealthy men and a one-time billionaire himself lost an attempt to appeal a UK court order that he set aside $100 million in his dispute with three Chinese banks.

Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks. The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion from Ambani’s net worth on Monday and pushed him to … Continue reading Mukesh Ambani loses Asia’s richest tag to Jack Ma in $5.8 billion rout

Authorities may deploy some of the stockpile to steady the rupee, which has tumbled more than 2% over the past week as more locals are diagnosed with the coronavirus. The currency is the worst performer in Asia this month after having escaped relatively unscathed in February when most regional peers were hit by the contagion.

Companies will increase average pay by 9.1% in 2020, down from 9.3% in 2019 and 9.5% the previous year, Aon Plc said in a report published on Tuesday. The small increase reflects a deep slowdown in Asia’s third-largest economy, where growing pessimism about job prospects have led many to cut down on consumption — the … Continue reading Indians set for smallest salary hike in a decade

Consumer sentiment in India worsened to an almost five-year low and manufacturing slack at companies widened to the most on record, indicating Asia’s third-largest economy is yet to put a floor under growth. The current situation index fell to 83.7 in Jan, the lowest since March 2015, according to the RBI’s consumer confidence survey.

Vant – Parasite Lyrics

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In an ‘east meets west’ situation like no other, Sony Music Entertainment has teamed up with Chinese tech conglomerate giant Tencent’s music department Tencent Music Entertainment Group to launch a joint electronic dance label Liquid State.  Liquid State will feature electronic and EDM artists both within Asia and abroad, with EDM superstar Alan Walker, known for his massive Asian fanbase, and Asian-American … Continue reading Sony Teams Up With Tencent For Asian Dance Label

CORPORATE AVENGEREvolved Lyrics Indians are not chinamen, some books contain lies. If man had evolved from apes, there would be no more apes. It has been said and written over and over again that the first north Americans followed migrations of animals on a land bridge from asia into the north America due to exposed … Continue reading Corporate Avenger – Evolved Lyrics