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  • Applying openly for jobs at rival firms? That's alright. Say thanks to COVID-19 Nov 07, 2020 10:02 AM IST

    Applying openly for jobs at rival firms? That's alright. Say thanks to COVID-19

    With risk of being rendered jobless, several employed individuals are now openly seeking job positions in rival companies.

  • Coronavirus India News Highlights: Delhi overtakes Kerala, Maharashtra as highest contributor to new COVID-19 cases in 24 hours Nov 07, 2020 07:10 AM IST

    Coronavirus India News Highlights: Delhi overtakes Kerala, Maharashtra as highest contributor to new COVID-19 cases in 24 hours

    Coronavirus India News LIVE Updates: Total confirmed cases in India have risen above 84 lakh. There are 5,16,632 active cases in the country.

  • Unemployment drops to 6.9% and US adds a solid 638,000 jobs Nov 06, 2020 08:15 PM IST

    Unemployment drops to 6.9% and US adds a solid 638,000 jobs

    The economy, which had rebounded sharply in the July-September quarter as businesses reopened from virus-related shutdowns, is now expanding more slowly.

  • India's forex reserves up $183 million to record high of $560.715 billion Nov 06, 2020 07:40 PM IST

    India's forex reserves up $183 million to record high of $560.715 billion

    In the previous week ended October 23, the reserves had jumped $5.412 billion to $560.532 billion.

  • Bank of England sees 9 million people on furlough scheme: Deputy Governor Broadbent Nov 06, 2020 07:00 PM IST

    Bank of England sees 9 million people on furlough scheme: Deputy Governor Broadbent

    "We think that there will again be many millions of employees placed on furlough ... in November, and over the following few months," Broadbent said in a presentation organised by regional agents of the central bank.

  • US hiring likely slowed for a 4th month as virus resurges Nov 06, 2020 06:49 PM IST

    US hiring likely slowed for a 4th month as virus resurges

    Economists say they fear that many who have dropped out of the workforce or who face permanent job losses will suffer an erosion of professional skills and personal networks.

  • Full economic recovery unlikely until people are confident to resume normal activities: Fed Chairman Jerome Powell Nov 06, 2020 04:48 PM IST

    Full economic recovery unlikely until people are confident to resume normal activities: Fed Chairman Jerome Powell

    The US has so far recorded 9,606,645 coronavirus cases and 1,232,516 deaths due to the disease — both the figures highest in the world.

  • Colleges, universities will have to individually consult UGC, state govt before reopening Nov 06, 2020 01:57 PM IST

    Colleges, universities will have to individually consult UGC, state govt before reopening

    Prior to reopening, the authorities will ascertain the number of COVID-19 cases in the vicinity of the institute, and check whether the college/university itself was part of a containment zone. Authorities may also ascertain the medical reports of the faculty, and seek COVID-19 negative reports, if required.

  • One exam topper, many claimants — the reality behind a booming coaching institute craze Nov 06, 2020 07:59 AM IST

    One exam topper, many claimants — the reality behind a booming coaching institute craze

    Students who top competitive exams often find themselves as the face of coaching institutes where they have not enrolled.

  • Coronavirus India News Highlights: Long-term exposure to air pollution may increase COVID-19 death risk, says study Nov 06, 2020 07:38 AM IST

    Coronavirus India News Highlights: Long-term exposure to air pollution may increase COVID-19 death risk, says study

    Coronavirus India News Highlights: Total confirmed cases in India have risen to 84 lakh. There are 5,20,773 active cases in the country.

  • Pay adequate compensation to shareholders during mergers, IRDAI tells insurers Nov 05, 2020 11:05 PM IST

    Pay adequate compensation to shareholders during mergers, IRDAI tells insurers

    The residual value of the assets shall be the total quantum available for payment of compensation.

  • Operation Twist: RBI to continue OMO purchase auctions of Rs 20,000 crore Nov 05, 2020 10:51 PM IST

    Operation Twist: RBI to continue OMO purchase auctions of Rs 20,000 crore

    The total amount of OMOs conducted in the second half of 2020-21 has been of the order of Rs 66,305 crore so far. In a statement, the RBI said the response has been positive in both primary and secondary market auctions.

  • GST collection, power consumption show recovery: Ex-RBI Chief C Rangarajan Nov 05, 2020 09:46 PM IST

    GST collection, power consumption show recovery: Ex-RBI Chief C Rangarajan

    To a query on the weakening of the rupee against the US dollar, Rangarajan said inflation should be brought under control as external value of the currency was determined by its internal value.

  • Rajasthan becomes first Congress-ruled state to opt for borrowing option to meet GST revenue shortfall Nov 05, 2020 07:58 PM IST

    Rajasthan becomes first Congress-ruled state to opt for borrowing option to meet GST revenue shortfall

    With Rajasthan also opting for borrowing Option-1, the number of states/UTs that have agreed to borrowing Rs 1.1 lakh crore through a Special Window facilitated by the RBI has risen to 22 States and three UTs

  • UK extends wage support scheme until March amid new lockdown Nov 05, 2020 07:47 PM IST

    UK extends wage support scheme until March amid new lockdown

    The extension to the salary support program follows the government’s decision last week to reinstate it at least until December 2, when the lockdown in England is due to end.

  • 751,000 seek US jobless benefits as virus hobbles economy Nov 05, 2020 07:40 PM IST

    751,000 seek US jobless benefits as virus hobbles economy

    As temperatures fall, restaurants and bars will serve fewer customers outdoors. And many consumers may stay home to avoid infection. Dwindling business could force employers to slash more jobs during the winter.

  • Centre looks to boost export credit disbursal through Rs 8,000 crore insurance scheme Nov 05, 2020 06:27 PM IST

    Centre looks to boost export credit disbursal through Rs 8,000 crore insurance scheme

    Under the proposed scheme, 90 percent of the credit provided to an exporter will be insured. For the next five years, the total cost of premium subsidy has been estimated at around Rs 8,000 crore. The total export credit disbursal supported over the five-year period is estimated to be at around Rs 26 lakh crore.

  • Global economic fallout of COVID-19 will continue to remain a challenge: Foreign Secretary Harsh Vardhan Shringla Nov 05, 2020 06:01 PM IST

    Global economic fallout of COVID-19 will continue to remain a challenge: Foreign Secretary Harsh Vardhan Shringla

    In an address at a virtual seminar, Foreign Secretary Harsh Vardhan Shringla also said India is committed towards working for a rules-based international order underpinned by rule of law, transparency, freedom of navigation, respect for territorial integrity and sovereignty, and peaceful resolution of disputes.

  • Bank of England deploys 150 billion pounds stimulus as coronavirus lockdown begins Nov 05, 2020 04:35 PM IST

    Bank of England deploys 150 billion pounds stimulus as coronavirus lockdown begins

    The increase in the bond-buying program was bigger than the 100 billion pounds anticipated in financial markets and is aimed at keeping borrowing rates low to boost lending and ensuring that money keeps flowing through the financial system.

  • SIAM may scrap plan to recommend GST cut to Centre: Report Nov 05, 2020 02:43 PM IST

    SIAM may scrap plan to recommend GST cut to Centre: Report

    The GST on EVs is currently 5 percent, while the tax rate for hybrid vehicles is 43 percent (28 percent GST plus cess).

  • Amid US election uncertainty, Fed likely to lay low this week Nov 05, 2020 12:00 PM IST

    Amid US election uncertainty, Fed likely to lay low this week

    With the final result of Tuesday's presidential election still uncertain, the US central bank's policy-setting Federal Open Market Committee is expected to stick closely to its last statement and repeat its pledge to do whatever it can to help the economy through the coronavirus-triggered recession.

  • Exclusive | PM Modi’s mega infra push: 50 large projects identified, govt expects massive employment generation Nov 05, 2020 10:19 AM IST

    Exclusive | PM Modi’s mega infra push: 50 large projects identified, govt expects massive employment generation

    Instead of a separate urban employment programme, the government believes that its limited resources, due to the impact of COVID-19 on the economy, are better spent on infrastructure outlay.

  • SC Hearing on Loan Moratorium Highlights: Hearing of interest waiver case adjourned to Nov 18 Nov 05, 2020 08:55 AM IST

    SC Hearing on Loan Moratorium Highlights: Hearing of interest waiver case adjourned to Nov 18

    SC Hearing on Loan Moratorium LIVE Updates: A bench led led by Justice Ashok Bhushan will today resume hearing please seeking complete waiver of interest during the moratorium period.

  • Coronavirus India News Highlights: China bars travellers from Britain, Belgium, India; puts Vande Bharat flights on hold Nov 05, 2020 07:20 AM IST

    Coronavirus India News Highlights: China bars travellers from Britain, Belgium, India; puts Vande Bharat flights on hold

    Coronavirus India News Highlights: Total confirmed cases in India have risen above 83 lakh. There are 5,27,962 active cases in the country.

  • Chinese President Xi pledges to import more as pandemic shakes global economy Nov 04, 2020 07:48 PM IST

    Chinese President Xi pledges to import more as pandemic shakes global economy

    Analysts said the fair was a signal that the country is open for business, though few, if any, foreign business and political leaders are expected to attend in person, due in part to COVID-19.

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