Search Results for: economy

How this 17-Year-Old's startup changed the financial future of over 200 Bangladeshis during quarantine

Media houses including Buffalo News, Yahoo Finance and 20 others claim to have hailed Taha Masud's startup as the "Next Big Thing in Bangladesh" prior to its launch in late May. Fast-forward two months, it now claims to transforming the lives of hundreds of people stuck in quarantine.

Aug 7, 2020

India should focus on protecting economy, says ex-RBI governor

India was placed under one of the strictest lockdowns in the world in late March for more than two months to stem the spread of the coronavirus, but cases have continued to rise steadily since the government eased restrictions in June, stymieing hopes of an economic recovery.

Aug 6, 2020

RBI Monetary Policy: MPC maintains status quo, repo rate intact at 4%

Accordingly, the repo rate or short-term lending rate for commercial banks and reverse repo rate remain unchanged at 4 per cent and 3.3 per cent, respectively.

Aug 6, 2020

Verity Systems steps up support for Indian businesses after rise in data breaches

We've seen the strength of India's growing technology sector and how vital it is for global businesses to protect consumer information by safely destroying data from mechanical hard disks as well as SSDs

Aug 5, 2020

After Beirut blast, Lebanon has enough grain for less than a month: Minister

Lebanon's main grain silo at Beirut port was destroyed in a blast along with the wheat inside, leaving the nation with less than a month's reserves of the grain although other vessels with supplies are on the way, the economy minister said on Wednesday

Aug 5, 2020

Donald Trump draws a massive crowd in Frorida but not in Florida for sure

People on Twitter exposed Donald Trump's inflated claims that a massive crowd greeted him on his visit to Florida last week. They shared pictures of a very thin crowd that gathered to hear him. They also mocked him for misspelling Florida as Frorida.

Aug 3, 2020

Amid inflation pressure will RBI Gov Shaktikanta Das risk slashing repo rates

Amid rising inflation concerns in times of the pandemic, economists predict RBI could ease monetary policy now. This, by cutting the repo and reverse repo rates by at least 25 bps to 3.75% and 3.10% respectively.

Aug 3, 2020

Who is Dr Deborah Birx: The HIV hero turned COVID zero

Dr Deborah Birx is in political cross hair for spreading misinformation on coronavirus pandemic in the US. She is being criticised for giving "only good" information about coronavirus to President Donald Trump.

Aug 2, 2020

Everyone will probably contract COVID-19 at some point: Bolsonaro

Friday's remarks came a day after Bolsonaro said that he was taking antibiotics for an infection that has left him weak following his coronavirus diagnosis.

Aug 2, 2020

engaluru: Sanitation staff busy cleaning and disinfecting Bangalore City railway station during the extended nationwide lockdown imposed to mitigate the spread of coronavirus, on May 11, 2020.

Bengaluru lockdown update: No more Sunday lockdown or night curfew

From now on Bengaluru will not have any more Sunday lockdowns or night curfew, due to their ineffectiveness in managing COVID-19 the government believes. As the city unlocks, citizens get nervous.

Aug 1, 2020

Brazilian Prez Bolsonaro says he takes antibiotics for infection

Brazilian President Jair Bolsonaro has said that he was taking antibiotics for an infection that has left him weak, after he was diagnosed with the COVID-19 earlier this month.

Aug 1, 2020

'Forced decoupling' of economies will hurt both, China warns India

China warned on Thursday that a "forced decoupling" of its economy with India, following a Himalayan border clash last month that killed 20 Indian soldiers, would hurt both countries.

Jul 31, 2020

By investing in cleantech startups like Ranmarine, Boundary Holding envisions financial gains

WasteShark, one of its products, is capable of cleaning 500 kg debris per day without leaving any carbon footprints.

Jul 29, 2020

COVID forces Telangana software engineer to sell vegetables; no regrets says she

Sarada from Warangal in Telangana sells vegetables for a living now amid the pandemic despite being a software engineer. She says that she feels no shame in the profession.

Jul 27, 2020

Residents wearing face masks line up to receive nucleic acid tests after new cases of coronavirus disease (COVID-19) were confirmed in Dalian, Liaoning province, China July 26, 2020. cnsphoto via REUTERS

Asia battles second wave of coronavirus with fresh lockdowns

Countries around Asia are confronting a second wave of coronavirus infections and are clamping down again to try to contain the disease, with Australia recording a record daily rise in cases and Vietnam locking down the city of Danang.