Another around three million Americans filed for unemployment benefits last week as the coronavirus pandemic situation continued to exact its terrible toll on the US jobs market. As the reprt says that more than 33 million jobless Americans have been making claims in the past seven weeks. The latest figures...
Pointing out that even during earlier challenging times when entrepreneurs showed far-sightedness and creativity, industrialist Ratan Tata today told the coronavirus crisis will also force entrepreneurs to adapt and create. Ratan Tata, chairman emeritus of Tata Sons, said in a social media post - "It can all start on a...
Former RBI Governor 'Duvvuri Subbarao' on Sunday told the financial stimulus announced by the Centre on March 26 on account of lockdown for containing spread of Corona virus is "not sufficient" ;Maintaining that the combined fiscal deficit of the Centre and states may go up to 13-14 percent of...
India’s fuel demand growth can return to normal levels by mid-May as the nation take steps to end a lockdown aimed at stemming the spread of corona virus. Fuel demand growth in India plunged to historic lows in April, provisional data shows, as the country’s eight-week long lockdown badly...
Elon Reeve Musk is an industrial designer as well as technology entrepreneur and philanthropist.He is the founder, CEO of SpaceX, co-founder, CEO and product architect of Tesla, Inc. and founder of The Boring Co. Musk criticized the user saying he is just an engineer who does business on the side....
The Tamil Nadu govt. has set up a high level committee headed by former RBI Governor and former Chairman of the Prime Minister's Economic Advisory Council, C Rangarajan. The committee which is comprised of economists and as well as industry experts will assess the overall immediate and med-term impact...
Unemployment : Since the pandemic situation began, the US has suffered its worst growth numbers in a decade and the worst retail sales report on record. Just about two months ago, the unemployment rate was at 3.5%, a 50-year low. Economist Erica Groshen the former head of the government's...
The Confederation of Indian alcohol Companies has urged the ten states for allowing sale of alcohol ic beverages by saying that a blanket ban during the lockdown to contain corona virus has resulted in sale of illicit and spurious liquor while causing burden on exchequer. The body noted that the...
Maruti Suzuki India Ltd also known as Maruti Udyog Ltd is an automobile manufacturer in India. Maruti Suzuki which is the country's largest carmaker reported on Friday that zero domestic sales last month. That was the first time ever that Maruti Suzuki posted zero sales in a month in...
India’s largest car manufacturer Maruti Suzuki will restart operations at its Gurugram plant in Haryana on Monday after concerning fifty-five days of closure because of the coronavirus-led lockdown, the company informed BSE. The company in an exceedingly letter to BSE said that it would "..restart production of vehicles at Gurugram...