New York: Job losses or reduced working hours due to the impact of the COVID-19 pandemic cost the world the equivalent of 255 million jobs in 2020, the UN International Labour Organization (ILO) said on Monday, noting that the “massive impact” was nearly four times the number lost during the 2009 global financial crisis.
Mumbai/UNI: The benchmark Sensex rallied 307.82 points on Monday and closed at an all time high 48,176.80 as the investors' sentiments were lifted over emergency approval of two Covid-19 vaccines in India.
Oakland (California)/IBNS: Google has extended the period of work from home for its employees by a few more months to September 2021 as the Covid-19 pandemic is far from subsiding and the anti-coronavirus vaccine is yet to hit the shelves.
Kolkata/IBNS: Leading private insurer Bharti AXA Life Insurance on Wednesday announced the launch of its novel plan - Bharti AXA Life Guaranteed Income Pro - that offers life insurance along with maturity benefits and guaranteed returns.
New York: More than 32 million of the world’s poorest people face being pulled back into extreme poverty because of COVID-19, leading UN economists said on Thursday, highlighting data showing that the pandemic is likely to cause the worst economic crisis in decades among least developed countries (LDCs).
New York: An additional 207 million people could be pushed into extreme poverty by 2030, due to the severe longterm impact of the coronavirus pandemic, bringing the total number to more than a billion, a new study from the UN Development Programme (UNDP) has found.
Bangkok: Recognising that the COVID-19 pandemic has caused widespread socio-economic impacts and disruptions across Asia-Pacific, high-level officials called for a rethink on the future development of sustainable transport connectivity and mobility in the region at the sixth session of the Committee on Transport on Friday, an Economic and Social Commission for Asia and the Pacific (ESCAP) press release notified.
New Delhi/IBNS: In a bid to ward off the gloom surrounding the Indian economy hit by Covid-19 restrictions, the government today announced a slew of measures, including tax relief for home buyers as well as the real estate developers.
New Delhi/IBNS: India's central bank on Thursday said the country has likely entered into a technical recession besides predicting a contraction in Gross Domestic Product (GDP) of 8.6% in the July-September quarter, media reports said.
Mumbai/UNI: Uber on Monday introduced a new safety policy, which will request riders, who have been tagged for not wearing masks on a previous trip, to take a selfie which shows them wearing a mask, in order to book their next trip.
New York: India’s total recoveries have crossed the landmark milestone of 50 lakh today (50,16,520, the centre said on Monday.
Kathmandu/New Delhi: Post COVID-19 lockdown situation, the price of Nepali tea leaves has increased in the Indian market.
Kolkata/IBNS: E-recruitment site TimesJobs and popular radio station Radio Mirchi has launched a special campaign for those whose careers have been affected by the pandemic crisis.
New Delhi/IBNS: India's GDP contracted 23.9 percent in the April-June quarter, the worst ever performance on record, the National Statistical Office (NSO) data showed today.
Mumbai/IBNS: The Reserve Bank of India’s (RBI) framework for Covid-19 solutions is well thought and taken after due consultations, Governor Shaktikanta Das said Thursday, adding that the central bank’s response to COVID-19 is unprecedented.