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

In their letter to the chancellor, the campaigners – including Greenpeace, Flight Free, the IPPR and New Economics Foundation thinktanks, and Tax Justice – call for the government to take equity stakes in airlines rather than handing out cash or loans. They want to see social benefits with workers’ rights enforced, including a living wage […]

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 […]

South Korea’s top 2 LPGA Tour players on longest break ever

In the 2006 Kraft Nabisco Championship, Karrie Webb holed a pitching wedge from 116 yards for eagle on the 18th hole, and Lorena Ochoa forced a playoff with a 5-wood to 6 feet for eagle. Webb won with a 7-foot birdie putt on the first extra hole. Sixteen-year-old Michelle Wie had a 25-foot chip for […]

Kerala Lockdown Day 9: No April Fool pranks please

Crime Branch is probing the contacts of the 68-year-old man hailing from Pothencode in Thiruvananthapuram, who died of COVID-19 on Tuesday. The state police department has appealed to the people to immediately inform the COVID-19 Control Room at the phone numbers 9497900112 and 9497900121, if they have had close contact with the man after March […]

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

The bill, which will be introduced in parliament next week and will be in place for at least six months, will prevent contracting parties from taking legal action such as forfeiting a deposit placed for a wedding that will be postponed, or terminating leases on commercial property for rent that has gone unpaid.

Coronavirus Creates an Opening for Progressivism — Also Barbarism

We were in crisis before this crisis. When a novel strain of coronavirus made its presence felt in Wuhan in December, global carbon emissions were hitting record highs. The world’s largest democracy was descending into a kind of fascism, as the world’s most populous nation condemned its Muslim minority to internment camps. A quarter of […]

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

“Until we know we can go back to work safely, that we can go to restaurants and go to stores and engage with other humans in close proximity, I don’t think you can make an economic or a market call. It’s premature to be trying to call the bottom.”

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

IDV or Insured Declared Value IDV in simple terms is the current market value of a car. It is defined as the assured compensation amount that the insurer will pay in case the vehicle is stolen, damaged or confirmed to be a total loss. IDV is calculated by subtracting the depreciation value of the car […]

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

“The challenge now is getting the money out of the door to support businesses before it’s too late,” she told BBC radio on Wednesday. “There are many businesses who if they don’t quickly access this cash they are going to go under.

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 […]