Industry

OPEC+ meetings postponed until mid-June

by adminAsia NewsIndustryKuwait NewsLITE BLOGSMARKETSQatarWorld NewsJune 5, 2020

The OPEC+ group has postponed its technical and monitoring meetings until the middle of June, but has yet to set a date for a video conference for the Ministers of…

Germany unveils $146bn stimulus package

by adminBiz ProfilesCOMMUNITYCORONAEconomyGermanyHealthIndustryLITE BLOGSMARKETSJune 4, 2020

Germany has unveiled an economic stimulus package worth 130 billion euros ($146 billion) to mitigate the economic effects of the COVID-19 pandemic, Chancellor Angela Merkel said. “The size of the…

Advantage India as China Withers

by adminAsia NewsBiz ProfilesChinaCORONAEconomyIndustryLITE BLOGSMARKETSUSA NewsJune 4, 2020

In most nations, massive economic changes take place every 70-100 years, changing the nations totally. Sometimes these changes destroy the nations, or they take them to the top. The US…

Google faces $5bn lawsuit for tracking users in ‘private’ mode

by adminIndustryLITE BLOGSTech LITEUSA NewsWorld NewsJune 3, 2020

Google is facing a $5 billion lawsuit in the US over claims that the Search engine giant collected user information even when they surfed the Internet in Incognito Mode or…

US economy to face $7.9tn loss due to pandemic

by adminBiz ProfilesCORONACurrency CornerEconomyIndustryLITE BLOGSMARKETSUSA NewsWorld NewsJune 3, 2020June 3, 2020

Fallout from the COVID-19 pandemic will cost the US economy $7.9 trillion over the next decade, according to new projections released by the Congressional Budget Office (CBO). In response to…

HP to launch affordable premium PCs in India

by adminEconomyINDIAN NEWSIndustryMARKETSTech LITEJune 2, 2020June 2, 2020

PC and printer major HP Inc is gearing up to launch affordable Always Connected PCs, which currently come with a price tag of Rs 1 lakh and above, for the…

Modi Pledges Structural Reforms To Boost Economy

by adminBiz ProfilesEconomyINDIAN NEWSIndustryLITE BLOGSUncategorizedJune 2, 2020

Prime Minister Narendra Modi on Tuesday said that his government will ensure more policy reforms to speed up economic growth and remove structural bottlenecks in the Indian economy. Accordingly, the…

Corona-hit MakeMyTrip sacks 350 employees

by adminBiz ProfilesCOMMUNITYDelhiEconomyHealthINDIAN NEWSIndustryLITE BLOGSMARKETSTravel & TourismJune 2, 2020

Covid-hit online travel major MakeMyTrip has laid off nearly 350 employees as the pandemic has changed the context and viability of some of its business lines in its current form….

Moratorium Extension Credit Negative For NBFCs’

by adminBiz ProfilesCurrency CornerEconomyIndustryInvestmentLITE BLOGSMARKETSJune 2, 2020June 2, 2020

The Reserve Bank of India’s decision to extend the moratorium on loan repayment by three more months will be credit negative for non-banking finance companies (NBFC), according to a report…

Bolsonaro wants Brazil to be part of G7 Plus

by admin-Top NewsAustralia NewsEconomyINDIAN NEWSIndustryMARKETSUK NewsUSA NewsWorld NewsJune 2, 2020

Brazilian President Jair Bolsonaro said that he spoke with his US counterpart Donald Trump about the South American nation’s possible entry into an expanded G7 group being proposed by Washington….