Around 1,000 migrant labourers, mostly from northern parts of India, came on to the streets in Maharashtra's Chandrapur on Saturday to demand that arrangements be made for their return to the native places, police said. The incident took place around 9.30 am at Ballarpur in the district, an official said. "More than 1,000 labourers, mostly staying at a construction site in a government medical college, hit the streets and demanded that arrangement be made for their movement to their home states. They tried to block the highway and started walking towards the railway station," he said.

"The labourers want to go back to their hometowns in Uttar Pradesh and Bihar. Some of them are from West Bengal. They said they have been facing hardships due to the lockdown as their source of income has stopped," the official said. On being alerted, personnel from the Ramnagar Police Station rushed to the spot and the situation was brought under control.

"The police staff told the labourers that proper procedure has to be followed if they want to return to their home states as special trains are being arranged. They were asked to fill the application forms to get a place in the special trains," he said.

The police provided food to them, he said that the labourers later returned to local residence.

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A day after the protest by hearing-and speech-impaired people turned violent in Pune, the government has assured them that their demands would be met. On Monday, thousands of deaf-mute protesters were badly thrashed by the police as they stood outside the social welfare department office in Pune. They wanted 16 demands to be fulfilled by the government.

On Tuesday, Social Justice Minister Dilip Kamble met the protesters and assured help. Social Justice and Special Assistance Minister Rajkumar Badoley, while addressing the Vidhan Sabha, has also assured that their grievances would be heard.

State Level Association for the Deaf (SLAD) president Pradeep More said, "The government has partially agreed to our demands, of which they have given priority to our secondary and higher secondary schooling for deaf children and also to recruit sign language teachers in such schools and colleges."

Minister Kamble said, "We were working on it and have assured them that their issues will be addressed before the session gets over. A meeting will be organised with members of SLAD and other NGOs under the chairmanship of Chief Minister Devendra Fadnavis." The Pune police administration issued a press release on the lathi-charge on Monday saying they "had to take action to maintain law and order".

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The European Union Code of Conduct Group (Business Taxation) has warned the Government of Belize that the jurisdiction will be placed on the EU's blacklist of non-cooperative territories unless it commits to amend or abolish certain tax rules considered "harmful."

Patients and health activists demanded the end to malpractices in private hospitals by voicing their concerns on Tuesday. They also urged the Health Ministry

With the aim of enhancing UK’s economy, London is seeking favor from Indian startups and software companies.

Possibly existing, older trademark would stand in the way of a successful application. It is correct and no doubt to say that before trademark registration it is necessary to conduct trademark search...

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Ukraine has achieved remarkable progress on anti-corruption reforms since the 2014 Revolution of Dignity. Despite these major achievements, there is a serious risk of backsliding on reforms, according to a new OECD report.

Demand for jobs, characterized by skill type and industry of employment, is driven by changes in technology, trade and consumption. Using structural decomposition analysis, we study the relative importance of these drivers for the period 1995-2008.

Changing labour market demand and moving up the global value chain requires high-skilled workers.

Current weak labour productivity growth in many OECD countries reflects historically weak contributions from both total factor productivity (TFP) growth and capital deepening.

Greater international integration has modified the transmission channels and the impact that external shocks have on domestic economies via increased trade openness and exposure to global financial developments.

This paper compares supply and demand to assess to what extent there can be a market for GDP-linked bonds (GLBs).

Strong crop yields, higher productivity and slower growth in global demand should contribute to a gradual decline in real prices for agricultural products over the coming decade, but nonetheless, prices will likely remain at levels above those in the early-2000s, according to the latest Agricultural Outlook report produced by the OECD and FAO.

Cash Reserve Ratio in Brazil remained unchanged at 21 percent in April from 21 percent in March of 2020. Cash Reserve Ratio in Brazil averaged 50.70 percent from 1994 until 2020, reaching an all time high of 100 percent in July of 1994 and a record low of 21 percent in December of 2018. This page provides - Brazil Cash Reserve Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Flexibility and lower fees appeal — but not all providers are competing on price

Candidates at Wharton among those protesting over diminished educational experience

City investor will back ailing groups looking to raise capital but warns of difficult decisions

Dispute erupts in public as AT&T boss says he will not put news channel up for sale

UK officials urge Brussels to move on three key areas ahead of crucial June meeting or risk breakdown

Elite university comes under fire for taking $9m in assistance while having a huge endowment

Factories reopen but economy still faces challenges from weak services sector

Supply disruptions expected to increase as governments impose lockdowns 

Decline leads to a drop in wholesale prices as businesses close

‘We will be a smaller company for a while,’ says chief David Calhoun

Anglo-Australian mining group benefits from resilient iron ore price

Fall could be the equivalent of India’s total annual consumption, IEA says

60 per cent decline in sales predicted in the next three months

Essential retailer says coronavirus uncertainty means it will not give guidance for year ahead

Group ramps up production of cleaning and sanitising goods amid coronavirus crisis

If anything, it’s only made the most coveted more sought after, as online sellers adapt to cater for their clientele.

Airline forecasts capacity will be almost wiped out in the second quarter

IEA expects global consumption will decline 8% this year in largest drop since second world war

Marathon cuts capital spending by $1.4bn in anticipation of 30% drop in output

The coronavirus pandemic is significantly slowing the growth of Facebook’s ads business, but investors seem pleased with the company’s performance in Q1 after Facebook released its earnings report Wednesday. The company beat Wall Street expectations on revenues, sharing that they had made $17.74 billion while falling short on earnings per share at $1.71. The company […]

Tech companies caught in coronavirus disruption

In its first-quarter earnings report today, Samsung said it expects the COVID-19 pandemic to continue impacting its business for the rest of the year, cutting into sales for smartphones and TVs, but increasing demand for PCs, servers and memory chips as people continue to work or study from home. Samsung’s results for the first-quarter of […]

Transport demand will rebound while the pandemic will reboot the use of plastics

Mobile app market intelligence firm Sensor Tower, which provides data-driven insights about the app economy, has raised $45 million in new funding from Riverwood Capital. This is the first significant investment the now-profitable company has seen since its $1 million seed round in 2013. The investment speaks to the growing demand for data about the […]

It is simply another policy tool, neither the royal road to hyperinflation nor a cure-all

Amazon workers across the world are formalizing their activism with the creation of the Amazon Workers International. Its first action is a letter to Amazon CEO Jeff Bezos and Amazon Director of UK Customer Fulfillment Stefano Perego in which the group demands the company makes permanent certain steps Amazon has implemented amid the COVID-19 pandemic. […]

Amazon is in hot water with a powerful congressional committee interested in the company’s potentially anticompetitive business practices. In a bipartisan letter sent Friday to Jeff Bezos, the House Judiciary committee demanded that the Amazon CEO explain discrepancies between his own prior statements and recent reporting from The Wall Street Journal. Specifically, the letter addressed […]

We find ourselves in a time when certain businesses are being asked to scale to levels they never imagined. Sometimes that increased usage comes in bursts, which means you don’t want to pay for permanent extra capacity you might not always need. Today, Confluent introduced a new scale-on-demand feature for its Apache Kafka cloud service […]

Amazon is bringing a year’s worth of free, live and on-demand cooking classes to tens of millions of Amazon Fire TV and Fire tablet owners across the U.S., thanks to an expanded collaboration with Discovery’s Food Network Kitchen. The subscription service launched last fall as a flagship app for Amazon’s Alexa-powered Echo Show, bringing daily […]

In its March 2020 update, the U.S. Energy Information Administration (EIA) significantly revised its Short-Term Energy Outlook for global oil supply, demand, and prices compared with the February Short-Term Energy Outlook. These updates largely resulted from updated data and assumptions about the effects of the 2019 novel coronavirus disease (COVID-19) on global oil demand and assumptions regarding the Organization of the Petroleum Exporting Countries (OPEC) crude oil production following its meeting on March 6. EIA now forecasts that OPEC will target market share instead of a balanced global oil market. As a result, EIA expects that OPEC crude oil production will increase to an average 29.1 million barrels per day in the second and third quarters of 2020. EIA forecasts that global demand for liquid fuels will grow by 0.4 million barrels per day from 2019 to 2020, down from the 1.0 million barrels per day increase EIA previously forecasted in February. The revised March estimate is driven by EIA's expectations of slowing economic growth, primarily related to the effects of the coronavirus outbreak. EIA expects the decline in global liquid fuels demand, combined with the increase in OPEC production, to result in significant global oil inventory builds in the first half of 2020-putting continued downward pressure on prices. EIA forecasts Brent oil prices will average 43 dollars per barrel in 2020 and 55 dollars per barrel in 2021.

As a result of the global economic slowdown related to COVID-19, the U.S. Energy Information Administration estimates that global petroleum and liquids consumption will average 95.5 million barrels per day in 2020, down 5.2 million barrels per day from 2019. EIA forecasts that U.S. oil consumption will decline 6.5% in 2020 to average 19.1 million barrels per day, which would be the largest percentage decline in U.S. consumption since 1980. At the same time, in its April 2020 Short-Term Energy Outlook, EIA expects global oil supply to increase in the coming months from first-quarter 2020 levels. Total world liquids supply will average 98.7 million barrels per day through the third quarter of 2020. These supply and demand developments are contributing to a significant increase in liquid fuels inventories. EIA estimates that second-quarter 2020 global petroleum inventories will increase an average 11.4 million barrels per day. Within the Organization for Economic Cooperation and Development, the most stocks recorded in historical data were in July 2016 at 3.1 billion barrels. EIA forecasts inventories will surpass this level as production continues to outpace consumption. EIA expects these large stock builds will put downward pressure on crude oil prices for several months. Brent crude oil prices averaged 32 dollars per barrel in March, the lowest monthly average since January 2016. EIA forecasts Brent crude oil to average 23 dollars per barrel during the second quarter of 2020 before increasing to an average 46 dollars per barrels in 2021.

While technology and innovation are transforming our economy, they are also the solution to our workforce and growth challenge.

Transportation fuel demand in the United States has decreased since mid-March 2020, as a result of reduced economic activity and stay-at-home orders aimed at slowing the spread of the 2019 novel coronavirus disease (COVID-19). With low demand and a decrease in profitability, as measured by crack spreads, U.S. refineries have reduced gross inputs (runs), which dropped to 12.8 million barrels per day (b/d) for the week ending April 17, 3.8 million b/d lower than the previous five-year (2015–19) average and the lowest level since 2008 (Figure 1). Gross inputs increased slightly to 13.2 million b/d the week of April 24. ...

On April 27, 2020, the U.S. average regular retail gasoline price was $1.77 per gallon (gal), the lowest price since February 2016. On May 4, the U.S. average gasoline price increased slightly to $1.79/gal. The United States declared a national emergency on March 13 in response to concerns regarding spread of the 2019 novel coronavirus disease (COVID-19). From March 16 to May 4, the U.S. average regular retail gasoline price fell by $0.46/gal. The lower gasoline prices reflect low crude oil prices, low gasoline demand, and rising gasoline inventories. ...

Transportation fuel demand has decreased since early March 2020 as a result of reduced economic activity and stay-at-home orders aimed at slowing the spread of the 2019 novel coronavirus disease (COVID-19). U.S. refineries have reduced the amount of crude oil and other inputs that they process (also known as refinery runs). U.S. refinery runs fell for four consecutive weeks, reaching 12.8 million barrels per day (b/d) in the week ending April 17, and increased slightly to 13.2 million b/d for the week ending April 24, or nearly 21% lower than the previous five-year average for this time of year.