The World Bank building is pictured in Washington, April 5, 2021. WASHINGTON: The world’s 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds […]
On October 14, market participants will focus on several key events, including the September quarter earnings of major companies along with Hyundai’s upcoming IPO. Global factors such as US retail sales, the ECB interest rate decision, China’s Q3 GDP data, and oil price fluctuations will also play a significant role. Indian markets are expected to […]
BBC Hindi Prakash Sharma has been mining diamonds for 50 years “I feel sick if I don’t search for diamonds. It’s like a drug.” Prakash Sharma, 67, speaks about diamonds with a passion that has defined his life for the past five decades. A diamond hunter in India’s central state of Madhya Pradesh, he spends […]
NEW DELHI: Central Consumer Protection Authority (CCPA) has directed ride-hailing platform Ola to offer a choice to customers to either opt for a refund directly in their bank accounts or a coupon that can be redeemed against booking another ride. It observed that only giving a coupon is “unfair trade practice“.The authority also instructed the […]
The Super Heavy booster lands on the company’s launch tower during the fifth Starship flight on Oct. 13, 2024. SpaceX SpaceX launched its fifth test flight of its Starship rocket on Sunday and made a dramatic first catch of the rocket’s more than 20-story tall booster. The achievement marks a major milestone toward SpaceX’s goal […]
Getty Images The cost of borrowing money to buy a home is “unlikely” to return to the low levels seen over the past decade, the boss of the UK’s largest mortgage lender has said. Charlie Nunn, chief executive of Lloyds bank, said the bank expected mortgage rates to come down, but not to the near-zero […]
Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024. Getty Images With the U.S. election less than a month away, the country and its corporations are staring down two drastically different options. For airlines, banks, electric vehicle makers, health-care companies, media firms, restaurants and […]
Consumers may choose refund via bank account or coupon in grievance redressal Process The Authority is headed by Chief Commissioner Nidhi Khare. In a landmark decision, the Central Consumer Protection Authority (CCPA) has directed Ola, a leading online ride-hailing platform, to implement a mechanism allowing consumers to choose their preferred method of refund—either directly to […]
Mumbai: Highlighting the $117 billion untapped export potential for India, more than 30 countries are set to participate in the fifth edition of ‘World Trade Expo’ in the financial capital from October 17-18. India has untapped export potential with the participating countries in sectors such as textiles, pharmaceuticals, chemicals, automobiles and components, machineries, etc. The […]
To ensure easy and adequate credit availability to the MSME sector, the State Bank of India (SBI) is planning to enhance the threshold under the instant loan scheme from the existing Rs 5 crore. ‘MSME Sahaj – End to End Digital Invoice Financing‘, provides solutions ranging from applying for the loan, documentation and disbursement of […]
