Bharti AXA Life introduces insurance with guaranteed returns, maturity benefits in COVID times
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.
Revealed: The cost of the pandemic on world's poorest countries
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.
Asia-Pacific countries commit to advance regional cooperation for sustainable connectivity
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.
Govt announces Rs 29.88 Lakh Crore stimulus package to revive Covid-hit Indian economy
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.
India in 'technical recession' as RBI predicts GDP contraction of 8.6% for July-Sept quarter
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.
Uber introduces Rider mask verification selfie in India
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.
India's total COVID-19 recoveries cross the landmark milestone of 50 lakh
New York: India’s total recoveries have crossed the landmark milestone of 50 lakh today (50,16,520, the centre said on Monday.
Post COVID-19 lockdown: Nepali tea gets higher price in Indian market
Kathmandu/New Delhi: Post COVID-19 lockdown situation, the price of Nepali tea leaves has increased in the Indian market.
TimesJobs with Radio Mirchi launches special campaign for jobs amid pandemic
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.
India's GDP at -23.9 pc marks worst contraction on record
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.
Kolkata: Bengal Chemicals & Pharmaceutical Ltd (BCPL), a public sector Enterprise under the Ministry of Chemicals and Fertilizers, has scaled up its production activities to cater to the demand increasing manifold since the outbreak of COVID-19 pandemic.
New measures to restructure loans by banks a 'durable' resolution says RBI Governor
Mumbai/IBNS: Ahead of the expiry of the six-month loan repayment freeze on August 31, Reserve Bank of India Governor Shakti Kanta Das in an interview to CNBC Awaz said the new measures introduced to enable the banks to restructure loans will provide a "durable" resolution to the businesses constrained for money due to Covid-19, save jobs and in turn revive the economy, said a Bloomberg report.
COVID-19 pandemic to hit hard 220 mln young workers in Asia-Pacific: ADB
Manila/Xinhua: The COVID-19 pandemic will hit hard nearly 220 million young workers aged 15 to 24 in Asia-Pacific region, according to a report released by the Asian Development Bank (ADB) on Tuesday.