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President Joe Biden proposed a sweeping new $1.8 trillion plan in a speech to a joint session of Congress on Wednesday, pleading with Republican lawmakers to work with him on divisive issues and to meet the stiff competition posed by China. He said, “China and other countries are closing in fast,” adding that he has spent a lot of time talking to Chinese President Xi Jinping.
Indian food delivery startup Zomato, backed by China’s Ant Group, filed for an IPO of up to 82.5 billion rupees ($1.11 billion) on Wednesday to cash in on a pandemic-led surge in online ordering. Indian food delivery market is estimated to be worth 4.2 billion USD which currently has three players Zomato and Accel backed Swiggy and Amazon. While Swiggy and Zomato dominate the Indian food delivery market, Amazon remains a relatively new and smaller player. Zomato logged a 98.4% jump in revenue from operations for the year ending March 2020, while its loss widened to 23.67 billion ru
Financial Risk Management Consulting Market Next Big Thing: Major Giants Crowe, Deloitte, EY, KPMG
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04/26/2021 Latest added Global Financial Risk Management Consulting Market research study by HTF MI offers detailed product outlook and elaborates market review till 2026. The market Study is segmented by key regions that is accelerating the marketization. At present, the market is sharping its presence and some of the key players in the study are Accenture,
Crowe, Deloitte, EY,
KPMG, Protiviti, PwC,
McKinsey & Company, BCG, Aon, MorganFranklin & RSM etc. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
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US Agriculture Secretary Tom Vilsack believes China is making good on promises it made as part of the landmark phase one trade deal it signed with the US last year. Vilsack said that the deal allows for market conditions to dictate how much Beijing is required to purchase from US farmers. The COVID pandemic, he added, would qualify as a material market condition that would impact how much China has to buy.
India’s Prime Minister Narendra Modi announced late Wednesday night that India would privatize 100 state assets, ranging from oil and gas projects to ports and airports and those in the power sector. The investment opportunities are said to total 2.5 trillion Indian rupees ($3.4 trillion), Reuters reported. India has subsequently launched the National Asset Monetization Pipeline to manage the shift.
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China has warned Taiwan that any attempt to seek independence “means war.” The warning comes days after China stepped up its military activities and flew warplanes near the island. This reaction from China came after new US President Joe Biden reaffirmed his commitment to Taiwan, and set out his stance in Asia. The US has called China’s latest warning “unfortunate”, adding that tensions did not need to lead to “anything like confrontation.” China sees democratic Taiwan as a breakaway province, but Taiwan sees itself as a sovereign state, with its own constitution, military, and elected leaders.