by pallanus | Jun 9, 2020 | Business News
Global airlines body IATA said on Tuesday that airlines across the world are expected to lose $84.3 billion in 2020 due to the coronavirus pandemic, calling it the “worst year” in the history of aviation. Even as the number of coronavirus cases continue to...
by pallanus | Jun 9, 2020 | Business News
The Union government has initiated the process for decriminalising economic offences that are currently punishable with a jail term, fine or both. The government has sought opinions from stakeholders like state governments and the public on proposals to amend 19 acts...
by pallanus | Jun 9, 2020 | Business News
Indian shares closed lower on Tuesday, ending a 13% surge over the last nine sessions, as banks and heavyweight Reliance Industries weighed, with a broader rally on hopes of a quicker global economic recovery coming to a halt. The Nifty closed down 1.2% at 10,046.65,...
by pallanus | Jun 9, 2020 | Business News
Automobile sector may still be reeling under the impact of extended economic slowdown complicated further by coronavirus lockdown. But there is a demand surge in the second-car markets. Delhi’s biggest second-hand car market, which had been witnessing extremely...
by pallanus | Jun 9, 2020 | Business News
The US economy ended its longest expansion in history in February and entered recession as a result of the coronavirus pandemic, the private economics research group that acts as the arbiter for determining US business cycles said on Monday. The Business Cycle Dating...
