by pallanus | Aug 3, 2020 | Business News
At a time when India is going through a period of sharp economic contraction due to the coronavirus situation, economists predict the Reserve Bank of India (RBI) to cut key rates despite rising inflationary pressure. The decision on rate cuts will be taken at its...
by pallanus | Jul 13, 2020 | Business News
The broader NSE Nifty 50 index rose 0.82% to 10,856.05 by 9:15 am and the benchmark S&P BSE Sensex was up 0.83% at 36,898.33. The expectations of easing inflation come as Asia’s third-largest economy reported 28,701 more coronavirus cases in the last 24 hours,...
by pallanus | Jul 4, 2020 | Business News
The French flag carrier, part of Franco-Dutch group Air France-KLM, said it had lost 15 million euros a day during the worst part of the crisis, which also saw its revenues plunge by 95%. It did not see traffic returning to 2019 levels before 2024. As a result, it...
by pallanus | Jun 25, 2020 | Business News
Qantas Chief Executive Alan Joyce speaks during a press conference in Sydney, Thursday, June 25, 2020. Qantas, Australia’s largest airline, says it plans to cut at least 6,000 jobs and keep 15,000 more workers on extended furloughs as it tries to survive the...
by pallanus | Jun 2, 2020 | Business News
Indian shares ended higher on Tuesday for a fifth straight session as a rally in financial stocks and positive broader markets helped offset the impact of a ratings cut by Moody’s. File image: Reuters Indian shares ended higher on Tuesday for a fifth straight...
