Pandemic Financial News

27.09 / 01:17
BLOCK Citizens CEO Airlines pandemic 2020 ‘Shocked’ Qatar was ‘not told of concerns’ before flights blocked
Qatar Airways says it was “surprised and shocked” that an application to lift services to Australia was rejected by the Albanese government, and told a senate inquiry it did not believe it had been given good reasons the decision.
27.09 / 00:51
COST UPS Platform Entertainment pandemic stars Star receives lukewarm reception from insto investors in $565m raise
Star Entertainment says it has raised $565 million from investors after receiving “significant interest”, even though the take-up rate on the institutional entitlement offer was only 67 per cent.
26.09 / 21:59
Citi Fox Remark pandemic blues stars reports 'Shark Tank' stars reveal key sector for growth amid stifling interest rates: 'Slow way to get really rich'
‘Shark Tank’ stars Daymond John, Barbara Corcoran and Kevin O’Leary discuss a variety of topics on ‘The Claman Countdown,' including how to build a business in difficult economic times and the current retail demand.
26.09 / 18:05
FIVE WhatsApp RIO pandemic Halt imports of rough diamonds, trade association tells members
Mint has seen a copy of the letter that has other signatories— heads of Bharat Diamond Bourse (BDB) ,located in Mumbai’s Bandra-Kurla Complex, Surat Diamond Bourse (SDB), Mumbai Diamond Merchants’ Association (MDMA) and Surat Diamond Association . “India’s exports of polished diamonds have fallen by more than 25% in the January-August period as demand for loose polished diamonds and jewellery from key consumers like US and China has been materially affected, which is why we have appealed to our members to halt imports of roughs," Shah told Mint.
26.09 / 16:35
Provident awards pandemic President Celebrity country innovations Govt making every effort to provide resources, favourable research ecosystem: PM Modi on CSIR's foundation day
Narendra Modi on Tuesday said the government is leaving no stone unturned to complement the efforts of scientists by providing all the resources to them and fostering a dynamic and favourable research ecosystem. The prime minister said this in a message on the 82nd Foundation Day of the Council of Scientific and Industrial Research (CSIR).
26.09 / 14:55
COST Target economy pandemic electronic reports US consumer confidence tumbles in September as American anxiety about the future grows
The American consumer is feeling less confident this month, particularly about the future, as expectations persist that interest rates will remain elevated for an extended period
26.09 / 14:55
COST UPS Lowe's pandemic UPS plans to hire more than 100,000 holiday workers, but challenges remain
UPS plans to hire more than 100,000 workers _ at higher pay than a year ago _ to help handle the holiday rush this season, in line with hiring the previous three years
26.09 / 13:23
Digital economy WhatsApp pandemic country innovations Indian CFA Interview | Domestic demand, higher capex behind Indian economy's resilience post Covid: CFA Institute's S Ramachandran
Live Mint, Ramachandran points towards the country's "conducive environment" to attract global investments, the economic prospects vis-à-vis China and other Asia Pacific (APAC) nations, how India can leverage from advancements in artificial intelligence and whether its net-zero goals are aligned with the growth vision. Edited excerpts from the interview.
26.09 / 12:51
COST Progressive economy pandemic President reports week Rs 4,000 crore: The estimated cost Bengaluru would pay for two bandhs in a week
As per the report, industry bodies estimates indicate that these two bandh days have cost the state approximately Rs 4,000 crore in losses. This economic setback could potentially hinder Karnataka's progress towards its goal of becoming a $1 trillion economy, especially when it has just started to recover from the impact of the pandemic, the industry bodies said. BC Prabhakar, President of the Karnataka Employers Association (KEA), told TOI, «Bandhs hurt the livelihood of people.
26.09 / 12:49
COST UPS Bill pandemic hospital 2020 Inflation is forcing some Americans to forego medical treatment
With household finances under pressure, some American families are finding medical expenses one bill too much, or even foregoing medical care altogether.
26.09 / 12:45
Lowe's WhatsApp pandemic GST officials seize assets worth ₹19 crore from BJP leader Pankaja Munde’s sugar factory in Beed
₹19 crore from Vaidyanath Co-operative sugar factory owned by BJP national secretary Pankaja Munde in Beed district of Maharashtra for not GST evasion on the sale of sugar. Vaidyanath Co-operative sugar factory had failed to pay the GST during the Covid-19 pandemic. In April, GST officials had visited the factory.
26.09 / 12:07
UPS FIVE pandemic President fall India's export of cut, polished diamonds may fall by 22 pc in FY24 on sluggish demand: Icra
New Delhi: India's export of cut and polished diamonds is projected to decline by 22 per cent to USD 17.2 billion in the current fiscal due to weakened demand from the key consuming nations, according to rating agency Icra. In the first five months of the current fiscal, cut and polished diamond exports witnessed a sharp year-on-year decline of 31 per cent following lower export volumes and higher polished diamond prices, it said.
26.09 / 10:55
COST economy Coronavirus pandemic President show 2020 The elusive Fed 'soft landing' nears. Why are Americans so mad about the economy?
U.S. Federal Reserve Chair Jerome Powell said emphatically last week that people «hate inflation, hate it,» but he left another fact unspoken — they also punish the politicians in charge when prices rise. The central bank's quest for a "soft landing" of more slowly rising prices and continued economic growth looks increasingly probable.
26.09 / 10:13
UPS Provident Enterprise pandemic Vivad se Vishwas: Govt accepts over 10k MSME claims worth Rs 256 cr for refunds
The scheme, announced in 2023-24 Budget, opened on April 17 and the last date for submission of claims for relief on the GeM portal was July 31. «In a major relief to the Micro, Small and Medium Enterprises (MSMEs), various Ministries/Departments of the Government of India have accepted more than 10,000 claims of MSMEs under Vivad se Vishwas -I scheme aimed at providing relief to MSMEs for the COVID-19 Pandemic period. This has led to grant of more than Rs 256 crore to MSMEs and increased flow of bank credit through freeing up of guarantees,» a finance ministry statement said. The highest relief of Rs 116.47 crore has been granted by the Ministry of Petroleum and Natural Gas.
26.09 / 09:29
Remark Bill pandemic stars Department People of MP have decided to vote out those who formed govt through back door: Congress
BJP announced its second list of candidates for the Madhya Pradesh assembly polls, the Congress on Tuesday said no matter who it fields, the people of the state have decided to oust those who had formed the government through the back door. The opposition party said that with the announcement of the list, it seems results have been declared even before the polls. The BJP on Monday released its second list of 39 candidates for the Madhya Pradesh assembly polls.
26.09 / 09:13
UPS Provident pandemic President cover consequences Exports of cut and polished diamonds estimated to decline by 22% in FY2024: ICRA
ICRA expects India’s exports of cut and polished diamonds (CPDs) to fall by 22% to $17.2 billion in FY2024, amid weakened demand from the key consuming nations. According to ICRA’s recent note on the sector, CPD exports have been on a declining trend since H2 FY2023. In 5 months of FY2024, CPD exports witnessed a sharp YoY decline of 31%, led by a decline in both export volumes and polished diamond prices.
26.09 / 08:45
COST Bill pandemic reports Nearly 1.5m people want help paying their power bills
Australia’s big energy retailers are warning of a dramatic increase in the number of households struggling to pay their electricity bills, with one company revealing more people are now accessing hardship programs than at the peak of the COVID-19 pandemic.
26.09 / 04:43
COST UPS Manufacturing economy pandemic show 2020 Why the US job market has defied rising interest rates and expectations of high unemployment
Last year’s spike in inflation, to the highest level in four decades, was painful enough for American households
26.09 / 04:43
COST Citi pandemic country reports Costs High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
The British government is considering scrapping a big chunk of an overdue and over-budget high-speed rail line once touted as a way to attract jobs and investment to northern England

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