The Indian economy is set to make a recovery from the pandemic induced economic contraction by next year, said the ratings agency S&P Global Ratings on Tuesday. The ratings agency predicted in a report that in fiscal 2022, the largest… Read More ›
Month: February 2021
UK Study Claims New Kent Coronavirus Variant Could Be 70% Deadlier
A report by the United Kingdom government’s scientific advisers claimed that the variant of the novel coronavirus that is dominant in the UK could be as much as 70 per cent more deadly than the previous strains. The prevalent concerns… Read More ›
India To Be The Second Largest Covid-19 Vaccine Maker Of The World After The US
Because of its capacity to make Covid-19 vaccines both for its own population and other developing countries, analysts believe that India could become the second largest Covid-19 vaccine maker of the world. Historically, India makes most of the vaccines of… Read More ›
Covid-19 Impact, Japanese Economy Contracts By 4.8% In 2020
Despite the Japanese economy growing in the fourth quarter of 2020, the economy could not make up the loss that it had sustained during the earlier part of the year because of the Covit-19 pandemic as the Japanese economy registered… Read More ›
Tesla Inc sets up EV manufacturing plant in India
According to a government document, Tesla Inc will be setting up an electric-car manufacturing unit in the southern state of Karnataka. “The U.S. firm Tesla will be opening an electric car manufacturing unit in Karnataka,” said a state government official… Read More ›
Israel to reopen restaurants, hotels, cafes, tourism with select countries from March
In a significant development that marks an attempt to go back to pre-coronavirus pandemic times, officials from Israel said they plan to reopen restaurants around March 9 and restart tourism with Cyprus as part of a gradual return to normality… Read More ›
No Salary Rise For Shell Employees, And Aims To Cut $1bn In Bonuses
Salaries of most of the employees of the oil giant Royal Dutch Shell Plc will not be raised for the current year, said reports quoting information from sources with knowledge of the matter. According to the sources this decision was… Read More ›
China’s BytDance Considering Sale Of Indian TikTok Biz To Rival Glance: Report
According to a report published on Saturday by Bloomberg News, the Chinese etch company and owner of the short video sharing app TikTok, ByteDance, is reportedly considering options for a sale out of it’s the operations of the video sharing… Read More ›
Crypto Venture Announcement By BNY Mellon Pushes Bitcoin To New High
Following the announcement by BNY Mellon that it had constituted a special unit that would help its clients to BNY Mellon, the value of the crypto currency bitcoin surged to a new all-time high on Thursday. The bank said that… Read More ›
Surprise Profit Posted By Disney As Its Streaming Subscriptions Grow Strongly
The largest entertainment company of the world Walt Disney Co returned to profits in its latest completed quarter driven by a growth in its Disney+ subscribers as well as lowering of losses at its theme parks which were hit hard… Read More ›
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