Economy
Zomato Inks Pact With MoHUA To Onboard 300 Street Vendors
Banking - Published date: .
Zomato on Friday said it has signed an agreement with the Ministry of Housing and Urban Affairs (MoHUA) to onboard 300 f... Read more
Covid Impact: Airlines Close Books On Rotten 2020 And So Far, 2021 Is Grim
Banking - Published date: .
It was a disaster for airlines, worse than 9/11 or the global financial crisis - some very small carriers didn''t surviv... Read more
Luxury Carmakers Rev Up In India, Plan Over 50 New Models After Covid Pain
Banking - Published date: .
With over 50 new launches this year, super-premium marques are taking a calculated bet on the Indian market that touched... Read more
DHFL Resolution: Piramal Claims Its Offer To FD Holders Better Than Oaktree
Banking - Published date: .
Piramal Enterprises claimed that its bid provides better offer to over 55,000 retail fixed deposit holders of the debt-r... Read more
Fitch Upgrades IREDA's Long-term IDRs To 'BBB-'; Outlook Negative
Banking - Published date: .
The outlook is negative and the outlook on IREDA's long-term IDRs mirrors that on the 'BBB-' sovereign rating Read more
Swiggy Set To Onboard 36,000 Street Vendors Under PM SVANidhi Scheme
Banking - Published date: .
Online food delivery platform Swiggy announced the expansion of its Street Food Vendors programme that will benefit 36,0... Read more
Adani Ports & SEZ Raises Rs 900 Cr Through NCDs On Private Placement Basis
Banking - Published date: .
Adani Ports and Special Economic Zone (APSEZ) on Friday said it has raised Rs 900 crore through allotment of non-convert... Read more
Covid-19: Delhi Hotels' Revenues Declined 44.3% During Jan-Jul, Says JLL
Banking - Published date: .
Delhi saw a year-on-year decline of 44.3 per cent in revenue per available room (RevPAR) in the hotel sector between Jan... Read more
Third Wave Of IT Outsourcing Expected Post Covid-19 To Benefit India
Banking - Published date: .
Post Covid-19, a third wave of IT outsourcing after the previous ones in the year 2000 and 2008 is expected, which would... Read more
Suspension Of Some IBC Provisions Aimed At Rescuing Viable Companies: Sahoo
Banking - Published date: .
IBBI said that some IBC provisions were suspended due to the Covid-19 situation and there is no complete ban or prohibit... Read more
Record Jobs Gain Of 4.8 Million In June Smashes Expectations; Unemployment Rate Falls To 11.1%
AMERICA - Published date: .
Another big contributor to the decline of the jobless rate was a plunge in those on temporary layoff. That total fell by... Read more
Fed's Bullard Warns Of Financial Crisis Risks As Virus Cases Spike, FT Reports
AMERICA - Published date: .
St. Louis Federal Reserve Bank president James Bullard has warned that a growing number of bankruptcies due to the coron... Read more
June Private Payrolls Rose 2.37 Million And There Was A Big Positive Revision For May, ADP Says
AMERICA - Published date: .
Private payrolls grew by 2.369 million for the month, a bit lower than the 2.5 million expectation from economists surve... Read more
Economy's Second-half Comeback Is Now Threatened By Coronavirus Resurgence
AMERICA - Published date: .
Economists expect to see a bounceback in the second half of 2020, but the resurging virus threatens the strength of the ... Read more
Goldman Sachs Says A National Mask Mandate Could Slash Infections And Save Economy From A 5% Hit
AMERICA - Published date: .
A face mask mandate would not only cut the daily growth rate of new cases of Covid-19, but could also save the U.S. econ... Read more
Banks Go For Stress Test To Assess The Impact Of Covid-19 On Bad Loans
Banking - Published date: .
Banks have undertaken stress tests to assess the level of non-performing assets caused due to economic slowdown triggere... Read more
Total Of Those Receiving Unemployment Benefits Falls Below 20 Million
AMERICA - Published date: .
Jobless claims totaled 1.48 million last week as unemployment related to the coronavirus pandemic remained stubbornly hi... Read more
U.S. GDP Fell At A 5% Rate In The First Quarter, And The Worse Is Likely On The Way
AMERICA - Published date: .
The U.S. economy shrank at a 5.0% rate in the first quarter with a much worse decline expected in the current three-mont... Read more
A Tale Of Two Recessions: Some Americans Thrive As Others Suffer
AMERICA - Published date: .
The recession is playing out much differently across wealth, race and gender divides. Some are bearing the brunt of the ... Read more
Fed's Rosengren Reports 'tremendous Interest' From Businesses For Loan Program
AMERICA - Published date: .
As the Main Street lending facility wraps up its first full week of operation, Rosengren reported brisk interest on the ... Read more
