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PANDEMIC WOES
ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
ECB to hike rates as Mideast war pushes up inflationThe European Central Bank is poised to raise interest rates for the first time in two and a half years, driven by escalating inflation fuel...
Middle East conflict fuels airline bankruptcy risks, more mergers likely: IATASoaring jet fuel prices due to Middle East conflict are pushing budget airlines towards bankruptcy and industry consolidation, according to...
Iran war could drag India's GDP growth to 6.5% this fiscal, says CII president Rajiv MemaniIndia's economic growth forecast for this fiscal year is around 7 percent. This projection depends on the Iran war ending soon. If the conf...
China's Xi says economic recovery 'still at critical stage'Xi urged measures to boost the economy, saying that "the development situation facing the country is complex, with increasing adverse facto...
Cafes and restaurants put pandemic woes behind them"March was a very good month for the industry. A lot of people were already back to pre-Covid sales in March," said Kabir Suri, president o...
Eicher Q3 net falls 14% on chip shortage and pandemic woesEicher Motors, the makers of Royal Enfield motorcycles, on Monday reported a 14.4% decline in consolidated net profit at ₹456 crore for the...
Pandemic woes 'overwhelming' kids. Schools launch new therapy-based programmesStudents in every grade are taught how thoughts, feelings and behaviours are linked and how learning how to control and reframe thoughts ca...
Daimler India's losses in FY21 widen amid pandemic woesThe loss was almost four times the previous year, as weak economic growth during the fiscal year and the pandemic-induced lockdown crippled...
Kerala Finance Minister demands moratorium on loan repayments amid pandemic woesThe state has also put forward the proposal that GST compensation framework, which is to end in July next year, should be extended for anot...
European shares fall on inflation, pandemic woesThe pan-European STOXX 600 was down 0.2 per cent, with banks, energy and mining shares falling between 0.6 per cent and 1.0 per cent.
InterGlobe Aviation to explore options to increase liquidityAccording to a regulatory filing, the board "decided that the company should continue to explore all options to increase its liquidity, inc...
Pandemic woes seen swelling global ranks of child soldiersGirls and boys are still forced to join armed groups, as fighters or in roles such as cooks or for sexual exploitation, in at least 14 coun...
MNS chief Raj Thackeray urges RBI to set up panel to resolve transporters' woes"The RBI and Centre had issued guidelines to banks asking them to observe leniency in the recovery process in light of the COVID-19 pandemi...
Super cylone, floods, controversies: the unwanted guests in Odisha's 2020 pandemic woes"Effective governance, robust health infrastructure and mass testing, efficient handling of migrant workers, including screening and quaran...
Facing pandemic economic woes, Nepal reopens to adventurersFor now the reopening will come with restrictions and mainly be limited to those seeking to to climb or trek its famous peaks. Nepal is hom...
GST filing adds to MSME woes amid pandemicThe foremost concern of MSMEs and auditors alike are the number of changes that have been taking place in the law and the frequency with wh...
Who is affected more by Covid-19 pandemic - millennials or boomers? The answer is not that simpleMillennials became the best-educated generation and more open to social change.
Dow Jones falls as US crude collapse worsens pandemic woesDow Jones Industrial Average was down 657.32 points, or 2.78 per cent, at 22,993.12.