Financial help for airlines ‘should come with strict climate conditions’

“It must be conditional, otherwise when we recover we will see the same or higher levels of carbon dioxide [from flying],” said Miguel Arias Cañete, the EU climate commissioner who led the bloc to the Paris agreement, in an interview with the Guardian. “We know the level of emissions we have to commit to [under […]

Stimulus package likely by end of this week

NEW DELHI: The much-awaited economic stimulus package is likely to be finalised by the end of this week, sources told ET NOW. The government and the Reserve Bank of India are in talks to raise borrowing for the next financial year, sources added. The central bank may be asked to directly buy government bonds. There […]

Kerala Lockdown Day 9: No April Fool pranks please

The validity of expired driving licenses and vehicle registrations have been extended till June 30. The Ministry of Road Transport and Highways has taken the decision to facilitate renewing the validity of various motor vehicle documents in view of the closure of government transport offices. The documents include permits (all types), driving licence and vehicle […]

The Latest: Spain works to up number of intensive care units

The U.K. initially performed about 5,000 tests a day, but the government promised to increase that number to 10,000 by the end of last week. The target has not been met, with just over 8,000 tests performed Monday, the last day for which figures are available.

Global stocks rebound further as markets await $2 trillion U.S. stimulus boost

U.S. senators will vote Wednesday. Top aides to Republican President Donald Trump and senior Republican and Democrat senators agreed on the unprecedented bill, which amounts to nearly half the $4.7 trillion the U.S. government spends annually, after five days of marathon talks.

What Is IDV And How Does It Determine Your Car Insurance Premium?

Third-Party Insurance Comprehensive Insurance Covers accidental insurance only to third-party Covers accidental insurance for both policyholder and third-party Applicable only to damages caused by the policyholder Applicable to damages caused by man-made & natural calamities Inexpensive with low premiums Comparatively high initial cost with high premiums One major deciding factor for the premium for the […]

Almost a fifth of small businesses ‘at risk of collapse within month’

Those concerns included some banks’ use of personal guarantees in the form of savings and mortgages to secure lending to small businesses under the government’s hastily formulated business interruption loans scheme. She also said that some of the banks offering the government-backed loans were putting in place “punitive” interest rates that made it impossible for […]

Coronavirus: Millions will be left in poverty, World Bank warns

In China, where the outbreak began, the bank says the virus’s impact on the economy will see growth slow to 2.3% this year from 6.1% last year. But that’s if the pandemic doesn’t get worse. If it does, growth could be just 0.1% this year. The bank’s forecasts for other countries in east Asia are […]