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Tags Financial loss

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“NATURAL DISASTER OF 2020”: How these were different from the rest of the years? What are the financial effects of a disaster?

According to a study by reinsurance firm Munich Re, global disasters caused by climate change created $210 billion in damages in 2020 as many...

Elon Musk opposes second stimulus package—even after taking a $465 million government loan during the Great Recession

Elon Musk, whose Tesla Inc. was a major beneficiary of government stimulus in the wake of the last global financial crisis, has soured on...

Asian markets mostly higher on hopes for coronavirus vaccine

Shares were mostly higher in Asia on Wednesday as investors were encouraged by news that an experimental COVID-19 vaccine under development by Moderna and...

Asia markets slip as virus outbreaks mute hopes for rebound

Markets were mostly lower in Asia on Tuesday as expanding coronavirus outbreaks dimmed hopes for a global recovery, despite an overnight rally in tech...

India’s first COVID-19 vaccine gets approval for clinical trials

In welcome news for the coronavirus-battered world, Hyderabad-based Bharat Biotech has developed COVAXIN, India’s first vaccine candidate for COVID-19, in collaboration with the Indian...

Post Lockdown Syndrome Among Indians – Anxiety, Depression & Panic Attacks

As the lockdown restrictions in most parts of the country and globally eased and life slowly returns to ordinariness there is an emerging trend...

India’s COVID-19 cases jump from 2 lakh to 3 lakh in 10 days as it records worst daily spike

Ten days after recording two lakh COVID-19 cases, India surpassed the three lakh-mark on Saturday with the worst daily spike of 11,458 infections, while...

Liquidity crisis in NBFCs: Way Out

The latest addition to a series of crises spawned by the Coronavirus pandemic is the liquidity crunch, and NBFCs (Non-Banking Financial Companies) have taken...

India now sixth worst-hit nation by COVID-19, surpasses Italy with an infection tally of 2,36,657

India went past Italy to become the sixth worst-hit nation by the COVID-19 pandemic with the country registering a record single-day spike of 9,887...

India registers biggest single-day spike of 8,392 COVID-19 cases; total rises to 1,90,535: Govt

The death toll due to COVID-19 rose to 5,394 and the number of cases climbed to 1,90,535 in the country, which registered biggest single-day...
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