Icra expects consumer demand to pick up in festive season

“It appears that the temporary boost, provided by the easing of state-wise restrictions after the second wave of Covid-19 ebbed, has petered out,” said Aditi Nayar, chief economist at Icra.

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UAE central bank sees COVID-19 increasing money-laundering risks

The number of so-called “money mules” – people who receive illicit funds into their bank accounts to hold or withdraw and wire elsewhere, taking a commission for their services –

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For the next pandemic, we’ll have gigantic mRNA factories in India: Bill Gates

“Now that the world understands its vulnerability to a pandemic, there will be a huge amount of research and invention of new tools. The diagnostics – we could scale that

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Afghans face ‘their most perilous hour’, warns UN Secretary-General Antonio Guterres

“After decades of war, suffering and insecurity, they face perhaps their most perilous hour,” he said in opening remarks at a Geneva conference where $606 million is being sought.Did you

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Liquidation as “going concern” gains traction

The Ahmedabad chapter of the National Company Law Tribunal (NCLT) last week passed an order clearing the liquidation of an insolvent company, PSL Ltd, retaining its operational status and its

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Microsoft delays office reopening date indefinitely in United States

Microsoft had earlier said it will open its Redmond headquarter as well as other U.S. offices on Oct. 4. Some big tech firms are delaying a return to office, while

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Walmart to scrap quarterly bonuses as it raises wages

Walmart would scrap the benefit at the end of its fiscal year on Jan. 31, and roll it into associates’ base pay. Last week, the US retailer said it planned

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Employers may have to mandatorily enroll unorganised workers on e-Shram

Over 2.7 million unorganised workers have registered on the portal in just 15 days, or 0.18 million everyday on an average. With this pace, the government is likely to enrol

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Germany admits police used controversial Pegasus spyware

Germany’s BKA federal police bought the software from Israel’s NSO Group in late 2019, a closed-door parliamentary committee heard from government officials. The admission, recounted to AFP by sources at

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Fitch retains India’s sovereign rating at BBB-

Fitch Ratings has kept India’s sovereign rating unchanged at BBB- with a negative outlook owing to a rise in public debt ratio and uncertainty on debt trajectory. The rating remains

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