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  • Arohan Financial Services in talks with PE funds to raise capital: MD Jun 20, 2022 02:22 PM IST

    Arohan Financial Services in talks with PE funds to raise capital: MD

    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.

  • Generation Z is getting a harsh lesson in stock risk Jun 17, 2022 03:50 PM IST

    Generation Z is getting a harsh lesson in stock risk

    A whole new crop of investors is learning that bear markets are a fact of life and should adjust accordingly

  • Charting the global economy: Export limits worsen food security May 28, 2022 10:05 PM IST

    Charting the global economy: Export limits worsen food security

    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.

  • Poonawalla appeals to utilise learnings from COVID to strengthen health systems globally May 23, 2022 08:58 PM IST

    Poonawalla appeals to utilise learnings from COVID to strengthen health systems globally

    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.

  • $11 trillion and counting: Global stock slump may not be over May 15, 2022 08:58 PM IST

    $11 trillion and counting: Global stock slump may not be over

    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.

  • China cites pandemic and withdraws as host of 2023 Asian Cup soccer tournament May 14, 2022 02:37 PM IST

    China cites pandemic and withdraws as host of 2023 Asian Cup soccer tournament

    The 24-nation tournament was due to be played in 10 cities in mostly newly built stadiums in June and July of next year.

  • WHO estimates 4.74 mn COVID-19 deaths in India in 2020, 2021; nearly 10 times the official toll May 05, 2022 05:45 PM IST

    WHO estimates 4.74 mn COVID-19 deaths in India in 2020, 2021; nearly 10 times the official toll

    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.

  • Booming profits of listed companies mask deeper trouble in corporate sector Apr 19, 2022 12:53 PM IST

    Booming profits of listed companies mask deeper trouble in corporate sector

    The pandemic, for all its adversities, turned out be a boon for listed companies only

  • Domestic hotel industry to return to pre-COVID level this fiscal, says report Apr 13, 2022 09:24 PM IST

    Domestic hotel industry to return to pre-COVID level this fiscal, says report

    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.

  • WTO: War in Ukraine to curb trade, economic growth this year Apr 12, 2022 07:27 PM IST

    WTO: War in Ukraine to curb trade, economic growth this year

    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.

  • Jewellers to spend more as buyers flock back to stores in India Mar 31, 2022 10:32 PM IST

    Jewellers to spend more as buyers flock back to stores in India

    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.

  • Union Cabinet extends free ration scheme till September 2022 Mar 26, 2022 08:16 PM IST

    Union Cabinet extends free ration scheme till September 2022

    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.

  • India aviation on growth path as waning covid pain lures fliers Mar 26, 2022 05:03 PM IST

    India aviation on growth path as waning covid pain lures fliers

    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.

  • China economy faces worst slowdown since pandemic: Nomura Mar 26, 2022 04:33 PM IST

    China economy faces worst slowdown since pandemic: Nomura

    The slowdown in China’s growth worsened in the first quarter and markets should be concerned about a further slide in the second.

  • Pandemic postcard: COVID outbreak leaves Hong Kong in limbo Mar 17, 2022 04:17 PM IST

    Pandemic postcard: COVID outbreak leaves Hong Kong in limbo

    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

  • PM CARES for Children scheme to support kids orphaned by COVID-19, Smriti Irani tells Parliament Mar 16, 2022 05:40 PM IST

    PM CARES for Children scheme to support kids orphaned by COVID-19, Smriti Irani tells Parliament

    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.

  • COVID-19 Outbreak | 2 years of images tell the pandemic story Mar 11, 2022 08:22 PM IST

    COVID-19 Outbreak | 2 years of images tell the pandemic story

    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.

  • Virus-hit Hong Kong invokes emergency powers to allow in China medics Feb 24, 2022 01:03 PM IST

    Virus-hit Hong Kong invokes emergency powers to allow in China medics

    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.

  • COVID-19 update | South Korea, a virus success story, is forced to alter its approach Feb 18, 2022 10:47 PM IST

    COVID-19 update | South Korea, a virus success story, is forced to alter its approach

    I​n 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.

  • Explainer I COVID-19 showing signs of reaching an endemic stage in India? Feb 15, 2022 03:57 PM IST

    Explainer I COVID-19 showing signs of reaching an endemic stage in India?

    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.

  • A bellwether for Narendra Modi as India’s largest state goes to the polls Feb 11, 2022 09:44 PM IST

    A bellwether for Narendra Modi as India’s largest state goes to the polls

    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.

  • PM CARES Fund corpus triples to Rs 10,990 crore in FY 2020-21; disbursal rises to 3,976 crore Feb 07, 2022 10:14 PM IST

    PM CARES Fund corpus triples to Rs 10,990 crore in FY 2020-21; disbursal rises to 3,976 crore

    The disbursal included Rs 1,000 crore for migrant welfare and over Rs 1,392 crore for procurement of Covid vaccine doses.

  • India plans over $40 billion for food, fertiliser subsidy for 2022/23: Report Jan 28, 2022 10:03 PM IST

    India plans over $40 billion for food, fertiliser subsidy for 2022/23: Report

    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.

  • IPL 2022 to take place in India from March to May: BCCI Secretary Jay Shah Jan 22, 2022 06:06 PM IST

    IPL 2022 to take place in India from March to May: BCCI Secretary Jay Shah

    Earlier, reports arrived that the 2022 season of Indian Premier League (IPL) will take place in India if the COVID-19 situation subsides.

  • American Airlines reports $931 million fourth-quarter loss Jan 20, 2022 06:31 PM IST

    American Airlines reports $931 million fourth-quarter loss

    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.

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