Business

Due to the pandemic adversely hitting business and jobs, personal and corporate income has taken a severe beating. Banks are facing a fresh onslaught of non-performing assets (NPAs) in unsecured loans, MSMEs and services sector.

Vidyut Mohan, a 30-year-old environmentalist, pointed out that Liberalisation was that necessary evil that polluted our rivers with industrial waste and corrupted our air quality with unregulated smoke emissions.

British online fashion retailer ASOS is on the verge of a deal to buy Topshop and Miss Selfridge from the administrators of British tycoon Philip Green's Arcadia Group for almost 300 million pounds ($411 million), Sky News reported.

Toys R Us is retrenching once again.

IRFC is the finance arm of the Indian Railways which is wholly-owned by the Government of India and is fundamentally sound and is worth holding for the long term.

KV Subramanian assumed his post as CEA in December 2018, for a tenure of three years. He succeeded Arvind Subramanian, who vacated the post early due to 'personal reasons'.

Southwest Airlines lost $3.1 billion last year, its first fullyear loss since Richard Nixon was president and gasoline sold for about 36 cents a gallon with no extra charge for the attendant who cleaned your windshield.

Delta Air Lines plans to return 400 pilots to regular flying duties by this summer in a sign that it expects travel to increase over the peak vacation season from current, low pandemic levels.

When COVID-19 first swarmed the United States, one health insurer called some customers with a question: Do you have enough to eat?

Pfizer on Friday committed to supply up to 40 million doses of its COVID-19 vaccine this year to a World Health Organization-backed effort to get affordable shots to poor and middle-income countries.

Gold inched lower on Friday as U.S. Treasury yields ticked up, though bets of a large U.S. stimulus kept the metal on course for its best week in five.

Stocks that traded heavily or had substantial price changes Thursday:

Union Pacific's fourthquarter profit chugged ahead as shipping volume improved for the first time since before the coronavirus pandemic slowed the economy to a crawl last year.

U.S. home construction jumped 5.8% in December to 1.67 million units, ending a strong year for home building.

Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic.

The European Central Bank kept its policy unchanged on Thursday but reaffirmed a pledge to keep borrowing costs at record lows to help the euro zone economy withstand the impact of the coronavirus pandemic.