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COVID PANDEMIC ECONOMIC IMPACT
Credit guarantee of Rs 13 lakh cr to micro, small cos in last few yrs; delayed payments under lensThe government has provided substantial credit guarantees, totaling Rs 13 lakh crore, to micro and small enterprises, significantly boostin...- Best Proverb of the Day: “If a man is proud of his wealth, he should not be praised until...” — The timeless lesson reflected in Ratan Tata's lifeBest Proverb of the Day: Ancient wisdom from Socrates highlights that true worth isn't in wealth, but its impact. Ratan Tata exemplifies th...
- Psychology says people who store food, groceries or supplies for any kind of lockdown-like situation aren't always overreacting: What this preparedness behavior can revealPsychology says people who store food, groceries or supplies for any kind of lockdown-like situation aren't always acting out of fear. Psyc...
- SAS to buy up to 40 Airbus A330 aircraft for over $10 billionScandinavian airline SAS said Tuesday that it would buy up to 40 new Airbus jets in its biggest aircraft order ever, totalling over $10 bil...
- Bitcoin miner and AI firm Ionic Digital files for Nasdaq direct listingThe company was formed in January 2024 to acquire the cryptocurrency mining assets of Celsius Mining, a subsidiary of Celsius, which recei...
- Repeated crises reaffirm role of PSU oil firmsDuring national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...
- From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...
- India hands over Rs 2.5 billion cheque to Bhutan as 5th tranche towards Economic Stimulus ProgrammeIndia has disbursed the fifth tranche of Rs 250 crore for Bhutan's Economic Stimulus Programme, bringing the total released to Rs 1,250 cro...
- Venezuela to tap IMF reserve assets for quake reconstruction, Bloomberg News reportsVenezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts follow...
- In 1859, English settlers released 24 wild rabbits; in 2024, scientists were shocked to find that the DNA of almost all the rabbits in Australia descended from those 24A seemingly simple request for hunting rabbits in 1859 by Thomas Austin in Australia unleashed a continental plague. While rabbits were int...
- Strong balance sheets help India Inc absorb West Asia fallout: CrisilA stress test by Crisil Ratings covering 34 sectors that account for 65% of its rated corporate debt suggests that India Inc remains broadl...
- “Jesus Christ is coming and COVID is going to kill us all”: Florida mother who drowned her baby in a bathtub and stabbed her husband, daughter found not guilty. Here's whyA Florida mother, Precious Bland, accused of drowning her infant daughter during a religious ritual has been found not guilty by reason of ...
- 'From ships to chips': EAM Jaishankar says India, South Korea have complementarities in many fieldsIndia's External Affairs Minister S. Jaishankar, at the Jeju Forum, called for stronger cooperation between India and South Korea, referenc...
- EAM Jaishankar calls for closer cooperation with South Korea at Jeju ForumIndia and South Korea must deepen cooperation in shipbuilding, health, infrastructure, and defence, External Affairs Minister S Jaishankar ...
- No IIT, IIM degree, yet Rs 1 crore monthly income at 19: How a co-founder used his laptop with patchy internet to build an AI businessA LinkedIn post by Topmate co-founder and CTO Dinesh Singh has brought attention to 19-year-old AI entrepreneur Ayush Singh, who reportedly...
- Can anyone fix Britain? Regular change of PM a symptom of UK's malaiseBritain faces a political crisis with a rapid turnover of leaders, the latest being Keir Starmer's resignation. Decades of economic stagnat...
- West Asia conflict may pressure hospitality occupancy, warns ICRA; FY27 estimate at 72-74%Hospitality sector occupancy is projected at 66-68% for early FY27, rising to 72-74% for the full year, according to ICRA. However, prolong...
- Tulsi Gabbard alleges Anthony Fauci funded Wuhan research in China that sparked COVID-19Outgoing US Director of National Intelligence Tulsi Gabbard has released declassified documents. These documents accuse Dr. Anthony Fauci o...
- As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremesEconomists are divided on the U.S. economic outlook, with some predicting rate cuts due to consumer weakness and falling real wages, while ...
- How Brexit is estimated to have hit the UK economyBritain's economy shows weak growth since leaving the European Union. Various researchers estimate significant losses in GDP, productivity,...
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