Promoted by the Aavishkaar Group, the Kolkata-based MFI is targeting Rs 7,000 crore as funds under management in the current fiscal, including both debt and equity, he said.
A whole new crop of investors is learning that bear markets are a fact of life and should adjust accordingly
In the US, consumer spending held up well despite decades-high inflation, and showed more evidence that they’re dipping into their savings to support purchases.
Serum Institute of India (SII) CEO Adar Poonawalla on Monday said he is appealing to multilateral organisations and world leaders to come up with a draft about learnings from the COVID-19 pandemic to strengthen health systems globally.
Historically significant technical levels for the S&P 500 show the index has room to fall nearly 14% more before hitting key support levels, while the share of companies that have so far hit a one-year low is still a far cry from the number during the economic growth scare that slammed stocks in 2018.
The 24-nation tournament was due to be played in 10 cities in mostly newly built stadiums in June and July of next year.
As per the UN body, there were 14.9 mn excess deaths associated with COVID-19 by end-2021. The official count of deaths directly attributable to COVID-19 and reported to WHO in that period -- from January 2020 to the end of December 2021 -- is slightly more than 5.4 million. This means that the estimated toll is 9.5 million higher than the recorded fatalities.
The pandemic, for all its adversities, turned out be a boon for listed companies only
According to its report, the hotel industry is expected to clock 60% of pre-COVID revenues in FY22, despite almost four months of impact because of COVID 2.0 and COVID 3.0.
In the latest grim economic outlook to emerge, the Geneva-based trade body pointed to multiple uncertainties in its forecast over the next two years because Russian and Ukrainian exports of items like food, oil and fertilizers are under threat from the war.
The demand recovery has fueled gains in India’s biggest gold retailer by market value, Titan Co., which has rallied nearly 63% in the past year.
Till now the government has spent approximately Rs 2.60 lakh crore on PM-GKAY and will spend around Rs 80,000 crore in the next six months.
The travel recovery in India has already helped IndiGo, India’s top airline, and SpiceJet Ltd., both of which posted surprise profits in the quarter through December.
The slowdown in China’s growth worsened in the first quarter and markets should be concerned about a further slide in the second.
Hong Kong has been brought to its knees by the omicron variant as an overwhelmed health system has left the sick to fend for themselves. After keeping the virus mostly at bay, now about half of the city’s population has been infected
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.
March 11 marks the two-year anniversary of the World Health Organization declaring the coronavirus a full-on pandemic, a pivotal moment in an outbreak that would go on to kill more than 6 million people around the globe.
The densely populated metropolis is in the throes of its worst-ever Covid wave, registering thousands of cases every day, overwhelming hospitals and government efforts to isolate all infected people in dedicated units.
In the past week, South Korea has begun asking patients who test positive to simply look after themselves at home, while the country redirects resources to those who are most vulnerable.
The third wave of COVID-19 in India has been characterised by a sharp surge and even sharper decline in cases. The number of hospitalisations and deaths caused by the Omicron variant, which triggered the newest wave, have also stayed far lower compared to the Delta wave. With daily infections and active cases well within manageable limits, many epidemiologists say it may be time for the country to open up fully.
Voters in Uttar Pradesh, a largely impoverished state of 200 million people in northern India, say they are concerned about the pandemic-battered economy, with youth unemployment widespread, housing shortages and the rising cost of food and fuel.
The disbursal included Rs 1,000 crore for migrant welfare and over Rs 1,392 crore for procurement of Covid vaccine doses.
For the current fiscal year the finance ministry had budgeted 835 billion rupees for fertiliser subsidies, although the real allocation could rise to a record 1.5 trillion rupees.
Earlier, reports arrived that the 2022 season of Indian Premier League (IPL) will take place in India if the COVID-19 situation subsides.
First-quarter revenue is expected to be down about 20% to 22% compared with the first quarter of 2019, and it will fly slightly less than it did two years ago.