business and finance

Javed Akhtar calls to end azaan on loudspeakers, says it causes discomfort to others

"In India for almost 50 years Azaan on the loud speak was Haraam. Then it became Halaal and so halaal that there is no end to it, but there should be an end to it. Azaan is fine but loud speaker does cause of discomfort for others. I hope that atleast this time they will do it themselves (sic)," Akhtar tweeted.




business and finance

We had to be careful to ensure athletes remain free from COVID-19: Rijiju

Rijiju had already said that his ministry was devising a plan for a phased resumption of national camps for Olympic-bound athletes, starting with the athletes currently based at NIS Patiala and SAI Centre in Bengaluru by the end of this month.




business and finance

Under Trump, American exceptionalism means poverty, misery and death | Robert Reich

No other advanced nation denies healthcare and work protections, or loosens lockdown while fatalities mount

No other nation has endured as much death from Covid-19 nor nearly as a high a death rate as has the United States.

Related: Donald Trump's four-step plan to reopen the US economy – and why it will be lethal | Robert Reich

Around the world, governments are providing generous income support. Not in the US

American workers are far less unionized than workers in other advanced economies

Related: Mothers will be hardest hit if the economy reopens too fast | Jessica Zucker

Robert Reich, a former US secretary of labor, is professor of public policy at the University of California at Berkeley and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His new book, The System: Who Rigged It, How We Fix It, is out now. He is a columnist for Guardian US

Continue reading...




business and finance

US job losses reach Great Depression levels; unemployment rate soars to 14.7%

The Labor Department said Friday that 20.5 million jobs vanished in April in the worst monthly loss on record, triggered by coast-to-coast shutdowns of factories, stores, offices and other businesses




business and finance

Obama lashes out at Trump, calls his response to coronavirus an 'absolute chaotic disaster'

More than 78,400 people with COVID-19 have died in the United States and more than 1.3 million people have tested positive, according to the latest estimates from the Center for Systems Science and Engineering at Johns Hopkins University




business and finance

Vande Bharat Mission: Air India brings back 1st batch of 326 Indians from UK

Vande Bharat Mission: The special evacuation flight AI 130, a Boeing 777 plane which departed from London on Saturday, landed at Mumbai's Chhatrapati Shivaji Maharaj International Airport at around 1.30 AM with 326 Indians




business and finance

Coronavirus update: US FDA okays new antigen tests with fast results

Coronavirus update: Quidel said that the test can provide an accurate, automated result in 15 minutes. The company said it specialises in testing for diseases and conditions including the flu and Lyme disease.




business and finance

Coronavirus in Delhi: School teacher involved in distributing ration tests COVID-19 positive

Coronavirus Delhi update: The teacher had last come to school on April 28 and started showing COVID-19 symptoms from May 2. His test report came on Friday




business and finance

JNU announces academic calendar; allows students to return to campus by June-end

The deadline for research scholars to submit their theses/dissertations has been extended to December 31




business and finance

Coronavirus crisis: Elon Musk threatens to move Tesla HQ out of California over COVID-19 curbs

Musk has been ranting about the stay-home order since the company's April 29 first-quarter earnings were released, calling the restrictions fascist and urging governments to stop taking people's freedom




business and finance

Maharashtra coronavirus update: State on edge with cases past 20,000; death toll at 779

Coronavirus in Maharashtra: In the last 24 hours, Maharashtra's COVID-19 positive cases jumped 1,165. Coronavirus has killed as many as 779 people in Maharashtra. The state reported 48 deaths in last one day




business and finance

Coronavirus post-lockdown: NDMA issues workplace safety guidelines for industries

The measures comprise 24-hour sanitisation of factory premises, providing face masks and PPEs to all workers, temperature check of all employees twice daily, no sharing of tools, and ensuring physical distancing by raising barriers on work floors as well as dining facilities, among others




business and finance

Navy warship brings back 698 stranded Indians from Maldives; arrives in Kochi

Though most passengers are from Kerala and Tamil Nadu, there were repatriates of 18 other states and Union Territories also in the ship, which began its journey from Male to Kochi on Friday night




business and finance

India China face-off: Soldiers confront each other in Naku La sector of Sikkim; sustain minor injuries

Saturday's development comes three years after India and China were locked in a 73-day standoff in Doklam region in Sikkim sector




business and finance

Tax-News.com: IMO Provides Ballast Water Convention Update

The International Maritime Organization has confirmed that 47 countries have now ratified the Ballast Water Management Convention – more than the 30 required – but these countries' combined fleets comprise 34.35 percent of global tonnage, below the level required for the Convention to enter into force.








business and finance

Sensex Sinks 413 Pts On Profit-Booking

BSE Sensex crashed nearly 413 points and NSE Niftycracked below the 8,400-mark in early trade today on profit-booking at higher levels and foreign capital outflows ahead of IIP data to be released later in the day.




business and finance

Profit Booking, Weak Rupee Make Equity Markets Tumble

Profit booking, weak rupee and lower crude oil prices dragged the Indian equity markets lower on Friday.




business and finance

GST: States Adamant On Sole Control Over Small Businesses

With states and Centre set to meet this week to chalk out jurisdiction over assessees under goods and services tax (GST).




business and finance

'Inflation To Touch RBI's Mid-Term Target By 2018 End'

Global credit rating agency Fitch Ratings on Monday forecast that inflation in India would touch Reserve Bank of India's (RBI) medium term target range of two-six per cent by end 2018.




business and finance

India Inc's January-October Merger And Acquisition Deal Tally Hits $32 Billion

Corporate India's merger and acquisition activity witnessed significant surge in October with transactions worth $4.5 billion, taking the total deal tally to $32.55 billion in the first 10 months of the year, says a report.




business and finance

Canara Bank Comes Up With Mobile ATMs to Help People

Government�s decision to demonetize and disband Rs 500 and Rs 1000 currency notes has led people scurrying to get a hold of their finances.




business and finance

Negative Global Cues Depress Equity Markets

Broadly negative global cues, along with rupee depreciation depressed the Indian equity markets during the early morning trade session on Tuesday.




business and finance

India To See 10 Pct Salary Increase In 2017: Survey

Salaries are expected to rise by 10 pct in 2017, while star performers will attract much more as companies are discernibly prioritising such employees, says a report.




business and finance

Rupee Fall, Foreign Fund Outflows Depress Equity Markets

Rupee depreciation, foreign fund outflows and lower global crude oil prices depressed the Indian equity markets on Tuesday.




business and finance

Government Initiatives after Demonetizing 500 and 1000 Notes

Prime Minster Narendra Modi shocked the nation in his address on 8 November evening, when he rolled out 500 and 1000 currency notes as a legal tender.




business and finance

Markets Open On A Positive Note On Wednesday

The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade.




business and finance

Positive Global Cues Lift Indian Equities

After two-consecutive sessions of losses, the Indian equity markets made gains during the mid-afternoon trade session on Wednesday, as positive global indices, coupled with a recovering rupee and higher crude oil prices buoyed investors sentiments.




business and finance

India should Take Note of These Demonetization Failures

Prime Minister Narendra Modi’s surprise move to demonetize last week has taken everyone by surprise and created a storm.




business and finance

Positive Outlook to India as Moody's Confirms Baa3 Rating

Moody�s Investors Services has confirmed India with a Baa3 rating, maintaining a positive outlook on the results. It has also affirmed India�s P-3 short-term local currency rating.




business and finance

Key Indian Equity Market Indices Open Flat

With declining oil prices and widespread anxiety over the impact of demonetisation, the key Indian equity market indices opened flat on Thursday.




business and finance

SBI Collects Rs.1,14,139-Cr In Deposits In Last 7 Days

State Bank of India today said it collected Rs.1,14,139 crore in deposits in last seven days after the government announced demonetisation of Rs.500 and Rs.1,000 notes.




business and finance

Indian Software Market To Grow 12.8 Pct In 2017: Gartner

Buoyed by the emerging digital business strategies that Indian firms are fast adopting, the country's software revenue is set to reach $5.8 billion in 2017 -- a 12.8 pct increase from 2016, a new report said on Thursday.




business and finance

Global Cues, Low Oil Prices Subdue Indian Equities

Weak global cues, lower crude oil prices and political bickering over the government's demonetisation move pulled the Indian equity markets lower on Thursday.




business and finance

Key Indian Equity Indices Trade Flat

Key Indian equity market indices opened flat on Friday following global cues.




business and finance

Positive Global Cues Buoy Indian Equities

Positive global cues, coupled with short covering and value buying, lifted the Indian equity markets during the mid-afternoon trade session on Friday.




business and finance

--- Change Me ---




business and finance

OECD Studies on Tourism - Italy: Review of Issues and Policies

This report sets out the main analysis and recommendations of the tourism policy review of Italy and assesses the current state of tourism performance in Italy.




business and finance

The Shipbuilding Industry in Turkey

This report on the shipbuilding industry in Turkey is one of a series studies covering various OECD countries and non-OECD economies, and has been prepared to inform OECD’s Council Working Party on Shipbuilding (WP6) on the status and future prospects of that industry.




business and finance

Business Innovation Policies: Selected Country Comparisons

This study examines trends in and key features of policies and programmes used by governments to support innovation in the business sector.




business and finance

OECD Steel Committee signals growing uncertainty over industry outlook

The outlook for the global steel market has become more uncertain, according to industry and government officials at the OECD’s Steel Committee meeting in Paris on 5-6 2011 . Policies to support open markets for raw materials are key, they said.




business and finance

Financing High-Growth Firms: The Role of Angel Investors

This book covers seed stage financing for high-growth companies in OECD and non-OECD countries with a primary focus on angel investment. It provides an overview of angel financing, including a description of how it has evolved and policy interventions taken within some countries.




business and finance

A new agenda for the future - 2011 Annual Report on the OECD Guidelines for Multinational Enterprises

The 2011 annual report on the OECD Guidelines for Multinational Enterprises focuses on adhering countries' committment to new, stronger standards of corporate behaviour in the updated OECD Guidelines for Multinational Enterprises.




business and finance

Credit crunch squeezing entrepreneurs and small businesses more than big firms

Small and medium-sized businesses (SMEs) requesting loans between 2007 and 2010 faced higher interest rates than for large companies. Loan conditions for SMEs included shortened maturities and increased demands for collateral, suggesting that banks considered smaller firms to be a higher risk.




business and finance

G20 countries should rely on open markets to reboot global growth

G20 governments should prevent further deterioration in their collective trade and investment policy stance and focus on promoting open markets to re-boot growth in the world economy, according to the OECD, WTO and UNCTAD.




business and finance

Promote entrepreneurship to exit the crisis, OECD says

Start-up rates in most countries are edging back toward their pre-crisis levels, but not all countries have seen significant acceleration in new businesses, according to a new OECD report.




business and finance

Gold Supplement to the OECD Due Diligence Guidance

This guidance addresses the unique due diligence challenges posed by gold, such as its intrinsic high-value and fungible nature, the non-linear structure of its supply chain, and its multiple downstream uses.