India to provide free food grains to millions of migrant workers Migrant workers and their families wait for transport to reach a railway station to board trains to their home state Uttar Pradesh, after a limited reopening of India’s giant rail network following a nearly seven-week lockdown to slow the spreading of the coronavirus disease […]
Exhibitors seek PM’s help to stop OTT release of films meant for theatres Single screens and multiplexes had since mid-March stopped screening in the wake of the COVID-19 pandemic. More than 9,000 single screens and multiplexes might go out of business, and employees could lose jobs, if the trend continues, the association said in its […]
Dhollywood to wait for IMPPA’s directives to resume work By – Abhimanyu Mishra Recently, the representatives of the Tamil Film Producers Council and film employees’ federation reached out to the Tamil Nadu I&B minister to seek permission to resume post-production work with limited access. While the south film industry has taken the initiative to reach out to […]
Gold holds steady ahead of U.S. Fed chairman’s speech Harshith Aranya (Reuters) – Gold held steady on Wednesday as market participants stayed away from making big bets ahead of a speech by Federal Reserve Chairman Jerome Powell amid rising speculation the United States could one day adopt negative interest rates. REUTERS/Bazuki Muhammad/File Photo Spot gold […]
Emerging markets will see less index, more Rolodex Una Galani A man walks past a board displaying the exchange rates for Mexican Peso and U.S Dollar and other exchange rates in Mexico City, Mexico March 17, 2020. REUTERS/Henry Romero MUMBAI (Reuters Breakingviews) – Investing in poorer countries will require more nuance. Ultra-loose monetary policy from […]
Sensex, Nifty surge on $266 billion stimulus boost Sachin Ravikumar BENGALURU (Reuters) – Indian shares soared on Wednesday, led by banking stocks, as investors cheered the government’s 20-trillion-rupee ($266 billion) stimulus package aimed at supporting an economy bruised by a strict weeks-long coronavirus lockdown. The Bombay Stock Exchange (BSE) building is pictured next to a […]
Over 45,000 bookings worth Rs 16 crore so far for special trains: Rlys New Delhi, May 12 (PTI) Over 80,000 passengers have booked tickets worth over Rs 16 crore on the special trains so far, the Indian Railways said on Tuesday, hours before the first such train is scheduled to depart from the New Delhi station […]
Abu Dhabi Announces 20% Refund On Annual Lease For Restaurants: State Media Eligible businesses will have to apply online for the refund, which is calculated against fixed rental costs, state news agency reported. WorldReutersUpdated: May 11, 2020 03:06 pm IST Abu Dhabi: Abu Dhabi has announced a 20% refund on annual commercial property leases for restaurants […]
Sensex, Nifty surge as lockdowns ease; Reliance, automakers gain Sachin Ravikumar BENGALURU (Reuters) – Indian shares bounced on Monday, tracking a surge in Asian peers, as phased easing of coronavirus lockdowns at home and elsewhere spurred hopes of an economic recovery. A bird flies past the Bombay Stock Exchange (BSE) building in Mumbai, India, January […]
Indian start-ups get creative as coronavirus crisis fuels funding crunch Nivedita Bhattacharjee, Sachin Ravikumar 5 MIN READ BENGALURU (Reuters) – Samik Sarkar was managing to eke a profit out of his online apparel store before the coronavirus crisis hit India, forcing the 36-year old to reinvent his business overnight. An employee wearing a protective mask and […]