Business
RSS-affiliate Labour Union BMS to Hold Nationwide Protest Against Anti-worker Provisions in Labour Codes
BMS office bearers on Tuesday discussed the details of the resolutions passed in the 19th National conference of the union held virtually last week, wherein it decided to hold continuous all India agitation against the anti-worker provisions in the new la...
EU Reviewing Pfizer-BioNTech COVID-19 Vaccine In Real Time
The European health regulator has started a realtime review of the COVID19 vaccine being developed by Pfizer and BioNTech, days after launching a similar assessment process for AstraZeneca's vaccine.
Hit By Commodity Defaults, Banks In Singapore Develop Digital Trade Registry
Some of the world's biggest banks in commodity trade finance are creating a digital trade finance registry in Singapore to reduce risk of trade fraud and boost transparency after losing billions of dollars due to a spate of defaults.
Govt Names 3 Eminent Economists as Members to RBI's Monetary Policy Committee
The new members replace Chetan Ghate, professor at the Indian Statistical Institute; Pami Dua, director at the Delhi School of Economics (DSE); and Ravindra Dholakia, professor at the Indian Institute of Management, Ahmedabad.
Business Returning to Pre-Covid Levels, September Strongest Month in Recovery: HDFC
The number of loan applications received during the period grew by 12 per cent over the quarter a year ago while individual loan approvals grew by 9 per cent compared to the year-ago period, it said.
Money Collected from Compounding of Offences to Be Used for Social Security Fund: Labour Minister Gangwar
It provides for creating an SSF to implement social security schemes for unorganised sector workers, gig workers and platform workers. There are around 40 crore informal workers in the country.
Rupee Slips 8 Paise to 73.21 Against US Dollar in Early Trade Despite Gains in Domestic Equity Market
The Indian currency opened at 73.16 at the interbank forex market then lost ground and touched 73.21 against the US dollar, down 8 paise over its last close of 73.13.
Asian Shares Rise On Optimism About Trump's Recovery
Shares rose Monday in Asia as investors were encouraged by positive reports about President Donald Trumps health after he tested positive for the coronavirus.
Food Companies Urge Britain To Adopt Tougher Rules To Protect Tropical Forests
Supermarkets, food manufacturers and restaurant chains under pressure from campaigners over their environmental impact urged Britain on Monday to strengthen a plan to stop tropical forests from being cut down to grow cocoa, palm oil and soy.
U.S. Oil Refiners Look To Leapfrog Canadians In Making Renewable Diesel
U.S. oil refineries are moving aggressively to produce renewable diesel, partly to cash in on Canada's greener fuel standard before Canadian refiners modify their own plants.
Airbus Executive Says Aviation Outlook Worse Than Expected
The outlook for the aviation industry has deteriorated again due to rising coronavirus infections and renewed travel restrictions, Airbus chief operating officer Michael Schoellhorn was quoted as saying on Saturday.
India Has Capability to Be Global Player in Many Sectors: Piyush Goyal
Speaking at a webinar organised by EXIM Bank, he said sectors which have potentials to become globally competitive are required to be identified.
Oil Down 3% After Trump Gets Coronavirus And Economies Wobble
Oil prices fell 3% on Friday after U.S. President Donald Trump tested positive for COVID19, roiling risky assets, and as rising global crude output threatens to overwhelm the market's weak recovery.
Finance Ministry Allows Additional Rs 7,106 Cr Borrowing by UP, Andhra Pradesh
This will make an additional amount of Rs. 7,106 crore available to these states, it added. Uttar Pradesh has become sixthstate to complete the reform process in PDS to implement the One Nation-One Ration Card system.
U.S. Oil Refiner Marathon Petroleum Cuts 12% Of Staff Because Of Pandemic
Marathon Petroleum Corp, the top U.S. oil refiner, is cutting 12% of its workforce amid continued declines in fuel consumption due to the COVID19 pandemic, it said on Wednesday.
Housing Crisis Under New Zealand Election Scanner As Kiwis Miss Out On Dream
Chris Rodley says the New Zealand coastal city of Nelson, in a region known for its vineyards and stunning landscapes, has always been a magnet for job seekers.