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

Airlines UK, a trade body, said the industry was already taking steps to reduce their environmental impact before the coronavirus crisis hit. “The UK aviation sector has already committed to achieving net zero carbon emissions by 2050 – the only national aviation industry to do so,” said a spokesperson. “This will be achieved via a […]

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

As the Kerala lockdown imposed to check the coronavirus outbreak enters Day 9 on Tuesday, the state has opened up many avenues to make life a tad easier for its 3.3 crore population. It has also warned of strict action against mischief making, considering the seriousness of the crisis. Make no mistake, authorities would not […]

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

A SIMPLE GUIDE: How do I protect myself? AVOIDING CONTACT: The rules on self-isolation and exercise MAPS AND CHARTS: Visual guide to the outbreak VIDEO: The 20-second hand wash STRESS: How to look after your mental health The World Bank predicts growth this year in the developing East Asia and Pacific region will slow to […]