Pandemic Financial News

Kapoor family has contributed more legends to Indian cinema than any other film dynasty. From acting and directing to writing, members of this illustrious clan have excelled in nearly every aspect of filmmaking—except academics. Over a century of cinematic history, the Kapoors have produced over a dozen superstars, but only one graduate. Aditya Raj Kapoor, the son of Shammi Kapoor, is the only member of the Kapoor family to complete higher education. Remarkably, he achieved this milestone at the age of 67. In 2023, Aditya became one of India’s oldest graduates by earning a Philosophy degree through correspondence from the Indira Gandhi National Open University. Taking his academic pursuits further, he began a teaching career in August 2024, delivering his first lecture on the synthesis of Eastern and Western virtue ethics, as reported by ETimes. Born in 1956 to Shammi Kapoor and Geeta Bali, Aditya is among the few Kapoor men who didn’t have a successful film career. Educated at Lawrence School, Sanawar, he started as an assistant to his uncle Raj Kapoor on Bobby and later worked on Dharam Karam and Satyam Shivam Sundaram. Moving away from films to focus on business, Aditya eventually returned to acting in 2010 with films like Chase and debuted on television in 2014 with Everest. However, just before the pandemic, he shifted his focus to academics, completing his graduation.

neighbourhood billionaire, and all this is available in your city. Ultra-luxury houses that can give The Louvre a run for its money — like this particular residential tower in Mumbai where you can enjoy an original Picasso in the lobby as you sip your morning tea — are becoming all too common in India. The price tag can run into hundreds of crores, something that’s hardly a deterrent for the rich and famous whose numbers seem to only be increasing, with India adding a billionaire every 5 days in 2023. The extraordinary surge in wealth since the pandemic has fuelled a boom in the luxury housing market that has all but reshaped the country’s real estate landscape. With the pandemic behind us and the economy continuing to deliver world-beating growth, the luxury residential segment is emulating the growth march, setting new benchmarks for opulence, exclusivity and sophistication.

North Carolina's highest court has ruled over some insurance claims filed by businesses that were harmed financially by the COVID-19 pandemic and the resulting 2020 government orders limiting commerce and public movement

US stock market is currently at a point that its investors are basking in glory at some of the most amazing returns showcased through the bull run in the past two years. As of now, the US stock market has recorded a historically high PE ratio, something that has only been seen twice in the past few decades, as per reports.

COVID-19 pandemic and a setback for new finance minister Rachel Reeves. Gross domestic product contracted by 0.1% month-on-month in October, as it did in September, the Office for National Statistics said. It was the first consecutive drop in monthly GDP, which is volatile and prone to revision, since March and April 2020, when Britain enforced its first COVID-19 lockdown. The ONS said there was «mixed» anecdotal evidence from companies that turnover had been affected by companies waiting for the budget statement, which imposed large tax rises on businesses.

A handful of investors — including Spain’s Ferrovial SE and Canada’s Caisse de dépôt et placement du Québec — have sold down their holdings in the company that controls London’s Heathrow Airport in a transaction valued at £3.3 billion.

Chinese leaders met this week to plot economic policy for the coming year and sketched out plans to raise government spending and relax Beijing's monetary policy

Subscribe to enjoy similar stories. Netflix made headlines nearly a decade ago when it unveiled one of corporate America’s most generous parental-leave benefits, pledging to give new moms and dads unlimited time off in their child’s first year. It was a promise Netflix couldn’t keep.

Subscribe to enjoy similar stories. Inflation played a starring role in last month’s election, and part of Donald Trump ’s pitch was that he would cool things off. “I won on groceries," the president-elect said in an interview Sunday on “Meet the Press." In his nomination-acceptance speech at the Republican National Convention in July, Trump said he would “end the devastating inflation crisis immediately." Despite his pledge to lower inflation, if Trump follows through on some of his tariff and immigration plans , economists worry he might do just the opposite .

Fewer grandparents were taking care of grandchildren, there was a decline in the number of preschoolers and more people were staying put in their homes in the first part of the 2020s compared with the last part of the 2010s

The Bank of Canada cut its policy rate by 50 basis points to 3.25 per cent on Wednesday, a move widely expected by economists and markets.

The Bank of Canada is set to make its final policy rate decision of the year on Wednesday, with markets now betting the central bank will make another outsized cut of 50 basis points, bringing the rate down to 3.25 per cent.

Covid 19 pandemic was «a disaster like no other» and vaccination saved people's lives. The submission was made when a bench of Justices Vikram Nath and P B Varale was hearing a plea over the alleged vaccine-induced deaths of two women. After additional solicitor general Aishwarya Bhati, representing the Centre, said Covid was a disaster like no other, senior advocate Colin Gonsalves, representing the women's parents, responded, «We are not contesting that. We do not dispute.» The plea, filed by the parents of the two women, claimed after the first dose of their Covishield vaccination, the women suffered severe adverse effects following immunisation (AEFI).

Subscribe to enjoy similar stories. Mumbai: Shaktikanta Das will step down as the 25th governor of Reserve Bank of India (RBI) on Tuesday, at a time when the war on inflation is ongoing and economic growth has taken a sudden slow turn. Union ministers Nirmala Sitharaman (finance) and Piyush Goyal (commerce and industry) had called for rate cuts after GDP growth slowed to 5.4% in the July-September quarter.

It's the job of American Airlines' chief operating officer to make sure the carrier's flights take off on time and fly safely during one of the busiest travel periods of the year

Shaktikanta Das concludes his tenure as the 25th Governor of the Reserve Bank of India (RBI), he leaves behind a legacy characterised by deft crisis management, steady policymaking, and an unflinching focus on India’s economic stability. Appointed in December 2018, Das took charge of the central bank at a critical juncture, navigating challenges ranging from the aftermath of demonetisation to a global pandemic that upended economies worldwide. He is set to demit office on December 10, 2024 as Sanjay Malhotra is set to succeed him as the 26th RBI boss on December 11, 2024 for a period of three years.

Subscribe to enjoy similar stories. Many retailers came through relatively unscathed by Donald Trump’s tariffs imposed starting in 2018. This time around, though, tariffs have the potential to bite more.

«The broader markets on its part is way too expensive than historical numbers. One-and-a-half times deviation from the mean when you come to valuations on the small and midcap index whether it is 2007 levels or 2017, 18, 19 when you saw massive rally in the broader market. So, there is room for cautiousness to be exercised, not that I am very bearish on the market but I think some caution is warranted,» says Manish Sonthalia, Emkay Investment Managers. This market has made a very decent comeback. IT index at an all-time high. Bank Nifty marching towards an all-time high. Has that sharp correction or the sharp correction which hit us in October, November, do you think that is over? Manish Sonthalia: So, I am not in the camp who believe that the worst has been over, not that the markets will fall, but the markets can fall and this is based on whatever we are seeing at the ground level. Earnings slowdown, consumer leverage actually blowing off.

After African countries struggled to get testing kits during the COVID-19 pandemic, officials vowed to make the continent less dependent on imported medical supplies

Subscribe to enjoy similar stories. Mumbai: Nepal traditionally celebrates Kukur Tihar, a Diwali festival to worship dogs (and lately Biralo, or cats) as loyal and loving friends. Japan has an entire island popular with tourists, where cats outnumber its human residents.

Gina Morello, originally from the USA and now based in Portugal, has achieved the remarkable feat of visiting all 193 United Nations member countries. In about two decades, she embarked on solo journeys, with 90 per cent of her travels undertaken alone. Once an aviation consultant, she transitioned to freelance work after the COVID-19 pandemic. Among her unique adventures, Morello has explored the isolated Wakhan Valley in Tajikistan, accessible only after a five-day horseback ride from Kabul, Afghanistan. She ventured to the Matsés people in the Amazon Rainforest via a two-day boat trip and visited the Bijago tribe in Guinea-Bissau, where women lead families. She’s also been to Sealand, the world’s smallest country, an offshore platform in the North Sea, and braved the extreme cold of Russia's Yamal Peninsula, where temperatures can drop to -50°C. Each destination offered her rare and extraordinary experiences, showcasing the diversity of the world’s most unconventional places.