News
Lack Of Passenger Flights Squeezes Air Freight Capacity In Peak Season
A sharp fall in passenger flights due to the coronavirus pandemic combined with rising ecommerce demand is setting the stage for tight capacity and a renewed rise in air freight rates heading into the peak Christmas season.
Oil Rises Nearly 3% As U.S. Presidential Election Looms
Oil prices gained nearly 3% on Monday, rebounding from several day of losses built on concerns of rising coronavirus cases, one day before the end of U.S. presidential election voting.
Restaurant Chains Hit By Virus File For Bankruptcy
The coronavirus pandemic was the final blow for many restaurant chains, which were already struggling with growth in third-party delivery and consumers migration away from shopping malls. On Sunday, Friendlys an 85-year-old East Coast chain known for its...
In Brazil, A Parrot Puppeteer’s Death Stirs The Nation
In a time of so much loss, it is rare for an individual death to stir a country. And it is extraordinary for national grief to be triggered by the passing of a puppet.
Global Markets Under Trump: Build The Wall (Street)!... And China
Donald Trump's campaign slogan in 2016 could have been 'build the Wall Street’, but a scan across global markets throws up plenty of surprises, especially in the emerging economies that have been in Trump's crosshairs.
Inflated Electricity Bills: Maharashtra Minister Nitin Raut Hints at 'Diwali Gift'
Maharashtras Energy Minister Nitin Raut asked Tata Power to increase its power generation capacity to avoid instances like the October 12 electricity outage across the megapolis.
Nations Giving Huge Subsidies for Unsustainable Fishing Should First Cut Support Measures: India tells WTO
However, the members have to recognise that appropriate and effective special and differential treatment for developing and least-developed countries (LDCs) must be an integral part of these deliberations, it said.
Emerging Markets Suck In $17.9 Billion During October - IIF
Emerging markets sucked in $17.9 billion of portfolio flows in October, up from $7.5 billion the month before, buoyed by an improving outlook for the global economy and strength of the tech sector, data from Institute of International Finance showed.
RBI Extends Deadline for Banks' Compliance with New Guidelines for Existing Current Accounts
A Frequently Asked Questions (FAQ) document will be issued to address all the issues raised by banks regarding implementation of the guidelines for existing current account.
Crossing 100-mark, NDA Consolidates Position in Rajya Sabha; Cong Drops to Lowest-ever Tally
Of the 11 Rajya Sabha seats up for grabs -- 10 from UP and one from Uttarakhand -- nine were won by BJP candidates, including Union Minister Hardeep Singh Puri, taking the party's tally to 92 seats.
Walgreens Finishes McKesson Deal; Names Jarrett To Board
Drugstore chain Walgreens Boots Alliance has finished a deal to combine its pharmaceutical wholesale businesses in Germany with McKesson Corp.
CPI-M Leader Kodiyeri Balakrishnan's Son Bineesh to Remain in ED Custody for Another Five Days
The investigation agency sought five more days custody stating that the accused did not cooperate with the probe, which the court granted.
Richa Chadha Has This to Say About Ali Fazal's Silence on Her Court Case
Richa Chadha was asked about fiance and actor Ali Fazal's silence over her court against Payal Ghosh and said that she herself was capable of handling it.
First Since August 5 Move, J&K to See Panchayat Polls Soon; LG Manoj Sinha Says Dates May be out in a Day
According to data, around 11,500 panch and 890 sarpanch seats are vacant in Kashmir, while 185 panch and 124 sarpanch seats are vacant in Jammu division.
As 2-wheeler Sales Pick Up, it's Yet Not Time to Cheer as Covid-19 Peak, Joblessness May Cast Evil Eye on Economic Recovery
The key to broad-based economic recovery has to be sustained growth in most of these metrics – retail vehicle sales, GST, income tax and corporate tax collections and in employment. A new round of fiscal stimulus from the government wouldn’t hurt, either.
Ryanair Boss Looks Beyond Summer Loss To Post-pandemic Growth
Ryanair recorded its first loss for the key summer period in 30 years as a result of the coronavirus crisis, which threatens to cut passenger numbers to half prepandemic levels next year.