Economy

NYSE: Stocks turn choppy as investors weigh earnings, recovery

Economic figures show grim toll in Europe and US from coronavirus

8:14 am May 1, 2020

New York: Bleak new figures Thursday underscored the worldwide economic pain inflicted by the coronavirus: The number of Americans filing for unemployment benefits has climbed past a staggering 30 million, while Europe’s economies have gone into an epic slide. And as bad as the numbers are, some are already outdated because of the lag in […]

CMS holds Global Interfaith Convention to promote communal harmony

26 million have sought US jobless aid since coronavirus hit

9:55 pm April 23, 2020

Washington: More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday. Roughly 26 million people have now filed for jobless aid in the five weeks since the coronavirus outbreak began forcing millions of employers to […]

MP: Sunday 'corona' curfew to be lifted as pandemic under control now, says CM

MP CM hints at extending lockdown period

8:41 pm April 7, 2020

Bhopal: The ongoing lockdown, which is in place in view of coronavirus outbreak, might be extended in Madhya Pradesh if needed, Chief Minister Shivraj Singh Chouhan said here on Tuesday. “We will take a decision after seeing the circumstances. Lives of people are more important. We can tolerate lockdown. We can resurrect the economy later […]

As coronavirus crisis deepens, congressional rescue deal teeters

3:00 am March 23, 2020

Washington: Top-level negotiations between Congress and the White House teetered Sunday on a nearly $1.4 trillion economic rescue package, as the coronavirus crisis deepened and President Donald Trump called for a deal to steady a shuttered nation. Treasury Secretary Steven Mnuchin indicated an agreement was within reach. But faced with mounting opposition from Democrats who […]

Cheaper to fly a plane than driving a car: AAP

8:37 pm March 14, 2020

New Delhi: The AAP demanded on Saturday that the Centre must reduce petrol and diesel prices in the wake of the reduced global crude oil prices, claiming that driving a vehicle in the country had been made more expensive than flying an aeroplane. The comments came hours after the Centre hiked excise duty on petrol […]