China, Softbank and RBI: Here's why they made news in ET this week

THE ECONOMIC TIMES Sat, May 13, 2017 | 02:10 PM IST Weekly News Platter

This Sunday, China will make a $500 billion push to challenge the West China is offering an alternative to the US version of globalization. In the Chinese case, it's globalization paved by concrete: railways, highways, pipelines, ports. readmore SoftBank records $1.4 billion loss from India investments SoftBank is the largest private investor in India's startup ecosystem. The Masayoshi Son-led giant has pumped in over $2 billion here till date. Job cuts at Indian outsourcing firms aren't Donald Trump's fault. Read why Global corporations, the paymasters of Indian software vendors, are no longer so keen to ante up for application development and maintenance.

Editor's Pick Indian banking won't be the same again if RBI gets to clean the bad loan mess. Here's why If the regulator has its way in driving banks to insolvency courts to sort out defaults, Indian banking won't be the same again. Apple a country on its own and is 17th largest economy in the world Apple m-cap hits $800 bn mark; 3 most valued firms worth 119 countries' GDP! Techie, and worried about layoffs? These 20 skills can help you stay relevant Jobs replaced by automation do not go for good. You can beat the gathering gloom in job market by equipping yourself with the latest tech skills. CPEC not only threatens India, it may also trigger Pakistan's collapse. Here's how CPEC, the flagship project under OBOR programme, could make Pakistan politically and economically subservient to China, scholars have warned.

Most Popular This Week As Snapdeal gets nod for takeover by Flipkart, founders Kunal Bahl and Rohit Bansal hit pay dirt Run ragged by rivals, Air India has just two choices left: Privatise or perish India says no to China's offer of going soft on a 54-yr-old deal with Pakistan on Kashmir. Read why After Cognizant, other IT biggies like Wipro and Infosys also prepare for layoffs Indian banking won't be the same again if RBI gets to clean the bad loan mess. Here's why

Story of The Week Exiting a business one has nurtured is always painful: Ex-DMart co-promoter Ashok Maheshwari "Damani and I had a a difference of opinion. He was of the view that it should be very low cost while I thought that we are beyond a supermarket," Maheshwari said. read more

Money Here is the step-by-step process to withdraw 90% of your PF to buy home EPFO subscribers can now withdraw 90% of their PF accumulations to make down payments to buy houses. Here's the low-down on how to go about it. How much of your income should go towards loan EMIs, insurance premium and rent? Most people mix insurance with investment. So, instead of low-cost pure life protection, they pack their portfolios with traditional plans. That's a mistake.

Stock Round Up Watch out! Any of these factors can play party pooper on D-Street Besides valuation concerns, the domestic market is facing a host of headwinds ahead.

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