The pandemic shocks had retail securitisation volumes plunging in the first quarters of the past two fiscal years, but the trend was reversed with the normalization of economic activities, pushing the securitisation volume by 113 percent in Q1 to Rs 33,000 crore from Rs 15,500 crore a year ago
The ratings agency has; however, revised its 2023 growth forecast for China from 5.1 percent to 5.2 percent based on the assumption that Beijing would gradually phase out its ‘dynamic zero-Covid’ policy over the next year.
Growth in the world's second-largest economy was already slowing in the latter half of last year with a property market slump and regulatory crackdowns, leading policymakers to set their lowest annual GDP target in decades for 2022.
The academic careers of thousands of Indian students enrolled in Chinese universities are in jeopardy right now as they are not being able to go back for physical classes due to the continuation of strict restrictions in China, the External Affairs Ministry told Beijing.
As of March 14, 8,973 applications for the PM Cares for Children Scheme have been uploaded on the portal out of which, 4302 applications have been approved by the respective district magistrates after due process.
Coachella, set for its usual two-weekend format, April 15-17 and April 22-24, at the Empire Polo Club in Indio, California, will return after two years mothballed by the pandemic.
Rise Roar Revolt, the Telugu-language film headlined by south stars – Ram Charan and N T Rama Rao Jr, was scheduled to arrive in cinema halls on January 7.
Even though children remained less susceptible to COVID-19, about 1.32 lakh of them lost either of their parents and were at an increased risk of being exploited and trafficked, proving to be a major concern for the ministry.
Global markets sunk on December 20, and Wall Street was poised for a drop, as investors took in the latest grim forecasts about the sudden surge in the omicron variant and a critical setback in President Joe Biden’s efforts to pass a massive domestic policy bill.
Analysts cited comments from Moderna Chief Executive Stephane Bancel as a source of worry as he said that existing Covid-19 vaccines would have trouble countering the Omicron variant.
Global stocks tumbled on November 26 and oil fell below $80 a barrel after news of a possibly vaccine-resistant coronavirus variant sent investors scurrying to the safety of bonds, the yen, and the Swiss franc.
Bitcoin has tumbled over 9%, dragging smaller tokens down, after the discovery of a new, potentially vaccine-resistant coronavirus variant saw investors dump riskier assets for the perceived safety of bonds, the yen, and the dollar.
Oil prices dived more than 5% on November 26, hitting a two-month low as a new COVID-19 variant spooked investors and added to concerns that a supply surplus could swell in the first quarter.
At the interbank foreign exchange market, the local currency opened at 74.60 and witnessed an intra-day high of 74.58 and a low of 74.92 against the US dollar in day trade.
Only two weeks ago the EU executive had raised its growth forecast for an economy bouncing back from the worst of the pandemic. But EU Economy Commissioner Paolo Gentiloni said on Wednesday the upbeat picture was now in doubt again amid rising infections and with restrictions being reintroduced in a growing number of member states.
The true-up of traffic for FY2021 has been considered in the current control period. Further, considering the impact of a second wave of the pandemic on air traffic in Q1 FY2022, the regulator has decided not to increase the tariff for FY2022, as the sector is in the recovery phase and an increase in tariffs had made with effect from April 1, 2022, ICRA said.
Homebuyers see this asset class as a low capital investment with limited project execution risks and quick possession. For developers, it is a means to generate quick cash flows.
The '2022 Global Culture Report' by OC Tanner, the global leader in employee recognition and workplace culture, is based on data gathered from over 38,000 employees, leaders, HR practitioners, and executives from 21 countries worldwide, including from over 5,500 respondents in India.
Given the promising sector outlook, which life insurance company’s stock is a worthy investment consideration at this juncture? Watch the video to find out the best bet among life insurers.
The business resumption index rose partly due to the daily COVID-19 case count, which “remained flat at 40,000 per day”.
While COVID-19 is a speed breaker, it doesn’t derail the structural growth story of the life insurance sector
ICICI Lombard saw a significant spike in COVID-19 claims intimated, from just around 1,300 cases in Q1FY21 to around 46,000 in Q1FY22
With savings tapped out and retirement accounts drawn down, millennial generation is experiencing déjà vu, along with fresh worry that their window for achieving financial security in retirement has already begun to close.
The second wave’s adverse impact on savings and income, and anticipation of a third wave are weighing on consumer sentiment
As per the proposed package, the Assam government will take on the liability of up to Rs 8,500 crore for certain categories of MFI borrowers in the state