Pandemic Financial News

03.01 / 14:59

COST security economy pandemic social 2024 The Fed is expected to cut interest rates in 2024. Here's how investors can prepare

With U.S. Federal Reserve officials expecting to cut interest rates in 2024, there are steps investors can take now to prepare.

03.01 / 09:51

UPS pandemic trends stage country Unlocking India’s Real Estate Potential: The Rise of REITs

The global landscape of REITs has undergone a transformation since the listing of first REIT in the US in 1961. As of December 2022, there are 893 listed REITs, globally, and a combined equity market capitalization of approximately $1.9 trillion. This class of investments has grown in the last 30 years, from 120 REITs in two countries to 893 in 41 countries and regions. Asia, especially, has played a big role in this growth, with the number of REITs in the region going up by a huge 58% since 2015.

03.01 / 03:49

Provident Death Bill pandemic love hospital reports New York governor vetoes change to wrongful death statute, nixing damages for emotional suffering

New York Gov. Kathy Hochul has again vetoed legislation that would have changed the state’s wrongful death statute by letting families recover damages for emotional suffering from the death of a loved one

03.01 / 03:48

Provident pandemic President cover reports prevention Low California is expanding health care coverage for low-income immigrants in the new year

California will soon become one of the first states to provide free health care to all low-income immigrants living in the state illegally

03.01 / 03:46

Citi Manufacturing economy pandemic show country reports China's manufacturing activity slows in December in sign the economy is struggling

A survey of factory managers in China shows manufacturing contracted in December in the latest sign the world's second-largest economy remains sluggish

03.01 / 03:42

Citizens Coronavirus pandemic country travelers Thai prime minister says visa-free policy for Chinese visitors to be made permanent in March

Thailand's Prime Minister Srettha Thavisin says his country and China will soon implement visa-free entry for each other’s citizens

03.01 / 03:39

Citi Platform Mobile Coronavirus pandemic show Department Souvenir sellers have flooded the Brooklyn Bridge. Now the city is banning them

New York City will ban vendors from the Brooklyn Bridge starting Wednesday

02.01 / 20:37

Target Extreme Manufacturing Action economy pandemic shock Pessimism about India’s public debt is overdone

A strong pick-up in private investment is yet to materialise, and the desirable overall investment rate of 35% is still “some distance away”, says TT Ram Mohan, member, Prime Minister’s Economic Advisory Council. In an interview with Priyansh Verma, Mohan says that India’s economy in FY25 will grow at a slower rate than the projected 7% in the current fiscal. “It may be appealing to talk of taking our growth rate to 8% but such talk will not take us anywhere,” he notes. On RBI’s monetary policy, Mohan says that India is not in a position to sacrifice growth in order to reach the 4% inflation target in the short-term.

02.01 / 19:14

Aviat Aware Airlines pandemic country travelers rights More flying rights for all, but India has a different idea in mind

Mint that the civil aviation ministry is working on a national aviation hub policy to encourage Indian airlines in international expansion. The policy may also introduce differential charges for Indian and foreign airlines at airports in the country. “I think it is time with around 15.5 crore domestic and 6 crore international passengers that we look at creating a hub in India; earlier, we didn’t have the numbers.

02.01 / 19:13

economy Arrow pandemic President country social strain The world should stay vigilant over a debt crisis in the Global South

The International Economic Association (IEA) recently concluded its 20th World Congress in Medellín, Colombia. This triennial event brings together scholars from all over the world to share and discuss the latest developments in economic thinking. This year’s edition underscored the urgency of re-evaluating some of the field’s core assumptions.

02.01 / 17:25

Progressive Manufacturing Gap economy pandemic country 2024 How people can keep their investments less vulnerable to events in 2024

The elections year: 2024 is going to be the year of elections. An estimated number of over 4.1 billion people out of the total global population of over 8 billion are living in countries that will go to polls in 2024. According to Bloomberg, countries that contribute 80% of the world market cap and 60% of global GDP will be voting.

02.01 / 17:20

Citi Strategy pandemic audience hospital 2020 VRO Hospitality raises $10 million to expand

₹300 crore, and 250 restaurants in the next four years, with $250 million in annual revenues, Thomas said. “We have added 17 restaurants in the last year, and have 13 more in the pipeline. We have aggressive plans and 80% of the funding will go into acquiring new properties and expansion.

02.01 / 12:43

Booking Manufacturing Racing pandemic show performer reports 2024 Two-wheelers may race ahead in 2024

The Nifty Auto index raced ahead in 2023, occupying the slot of the second-best performer among sectoral indices, gaining nearly 48% vis-à-vis the 20% gain in the Nifty 50 index. Investors were excited about volume growth, launches and the resilient margin show put up by the original equipment manufacturers. In particular, the two-wheeler segment saw improving prospects, ending the year smoothly.

02.01 / 12:39

Provident Manufacturing CEO Strategy Nov pandemic country 2024 New Disruptions, Geopolitics Hang Over 2024 Supply Chains

Companies that assembled new supply chain strategies in the wake of the Covid-19 pandemic are having to put those plans into practice far faster than they may have thought possible. Global supply chains are entering 2024 roiled by disruptions at two of the world’s crucial trade corridors—the Panama Canal and the Suez Canal—even as geopolitical tensions appear set to take a more prominent role in sourcing and distribution.

02.01 / 12:23

Compilation Deloitte pandemic Experts consequences travelers Department More than 60% of taxpayers adopt new I-T regime

The plans to increase buoyancy in tax collections, widening the tax base and increasing the compliance by taxpayers seem to have been aided by the new income tax (IT) regime in the current financial year. However, experts feel a few more tweaks in the tax rates in the forthcoming interim Budget could make the exemption-free regime more attractive.

02.01 / 11:23

Digital Compilation Strategy economy Enterprise pandemic 2024 2024 Portfolio Reboot: 3 essential investment insights from COVID-19 pandemic

portfolios. Valuable investing lessons were gleaned, but regrettably, some faded over time. With the looming threat of the disease resurfacing, everyone must revisit the lessons learned during that challenging period and determine how to incorporate them into current investment decisions.

02.01 / 11:19

Provident economy pandemic show country reports Support China lifts policy bank loans, raising housing support expectations

BEIJING (Reuters) -China's central bank made 350 billion yuan ($49.1 billion) in loans to policy banks through its pledged supplementary lending (PSL) facility in December, data showed, fuelling expectations of increased support for the country's ailing housing sector.

02.01 / 08:57

CEO Bill pandemic Inside social reports travelers Wayfair’s CEO Wants Staff to Work Harder. Your Boss Probably Agrees.

If you want to know what the boss really wants from you in 2024, Wayfair Chief Executive Niraj Shah’s staff memo might be a good place to start. Shah emailed Wayfair’s corporate employees in the thick of the holiday season. First he praised everyone’s effort in returning the online home-goods retailer to profit, then called on them to dig deeper.

01.01 / 18:57

FIVE Platform pandemic reports Cookies, cakes & stakes: Theobroma may change hands

₹1,200 crore, a third person said the chain’s founding family plans to exit as well. The owners expect a valuation of around ₹2,800 crore for the company, the people said on condition of anonymity. Theobroma Foods Pvt.

01.01 / 17:18

Fighting pandemic peace Assam CM Sarma rules out immediate peace talks with Paresh Baruah

Himanta Biswa Sarma rules out immediate talks with Paresh Baruah led militant outfit United Liberation Front of Asom (Independent) faction. He said that he is in touch with Baruah. Sarma said «As the political head of the state, I will continue to reach out to him.

01.01 / 15:13

Aviat Airlines Pool Coronavirus pandemic country DGCA issues 1,622 commercial pilot licences in 2023, highest in a decade

Commercial Pilot Licences (CPLs) issued by the Directorate General of Civil Aviation (DGCA) jumped 39 per cent year-on-year to 1,622 in 2023, with women's share going up 22.5 per cent, an official release said on Monday. The DGCA had issued 1,165 CPLs during the year ended December 31, 2022, as per the release.

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