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SpiceJet to offer Covid-19 insurance cover for passengers

by pallanus | Jul 8, 2020 | Business News

Airline major SpiceJet has facilitated insurance cover for Covid-19 hospitalisation which can be availed by its passengers. SpiceJet has joined hands with Go Digit General Insurance Limited to offer this insurance cover that will further boost the confidence and...

Global shares turn volatile, lose momentum after 5-day rally

by pallanus | Jul 8, 2020 | Business News

Global stocks faltered on Wednesday, losing momentum after a five-day rally, as an increase in new coronavirus cases in some parts of the world undermined prospects for a quick economic recovery. Oil prices fell on oversupply fears. Frankfurt, Paris and London all...

Coronavirus pandemic plunges working world into crisis: ILO

by pallanus | Jul 8, 2020 | Business News

The outlook for the global labour market in the second half of 2020 is “highly uncertain” and the forecast recovery will not be enough for employment to return to pre-pandemic levels this year, the ILO said last week. International Labour Organization (ILO)...

Upside for Indian rupee seen limited despite multiple positives

by pallanus | Jul 8, 2020 | Business News

India’s rupee has the backing of a healthier trade account, steady foreign investment inflows and a return in global risk appetite, but its gains are being limited by a central bank keen to prevent wild swings and build dollar reserves. The Reserve Bank of India’s...

Amazon India’s unit gets $308 million in fresh funds from parent

by pallanus | Jul 8, 2020 | Business News

The company’s Indian arm in May said it would hire 50,000 temporary workers to meet a surge in online shopping in the country. Amazon.com Inc, which competes with Walmart Inc’s Flipkart in India, has also been expanding its seller network in the country. (Photo:...
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