Take steps to contain further deterioration in exports, imports: Parliamentary Panel

A parliamentary panel has suggested to the Department of Commerce to take appropriate measures to check further deterioration in exports and crucial imports for preventing more disruptions in the supply chains. A report by the department-related Parliamentary Standing Committee on Commerce said the committee is perturbed to note the “precipitous” decline in both exports and […]

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US air travel rises to highest levels yet since pandemic hit

The number of people flying in the United States has eclipsed the year-ago level for the first time in the pandemic period, although travel remains deeply depressed from 2019. The Transportation Security Administration said 1.34 million people passed through U.S. airport checkpoints on Sunday, topping the 1.26 million people that TSA screened on the comparable […]

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Virgin Atlantic set to raise 160 million pounds in new financing

British airline Virgin Atlantic, which has been hammered by the COVID-19 pandemic like much of the sector, is set to raise 160 million pounds ($222.75 million) in new financing, a spokeswoman for Richard Branson‘s airline said in an emailed statement. “We continue to bolster our balance sheet in anticipation of the lifting of international travel […]

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Supreme Court ends extension of limitation period, says country returning to normalcy

Observing that country is “returning to normalcy”, the Supreme Court Monday decided to end the extension of limitation period which was granted for filing appeals in March, 2020 to litigants due to COVID-19 pandemic situation. The apex court had on March 23 last year invoked its plenary power under Article 142 of the Constitution to […]

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US workers may see light at end of employment tunnel

The US workforce continues to reel nearly a year into the Covid-19 pandemic, but the first signs of a sustained recovery fueled by government aid and coronavirus vaccines may come in the government employment report set for release on Friday. The Labor Department data is expected to show the unemployment rate remained unchanged in February […]

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Pandemic pushes Etihad Airways to $1.7 billion loss for 2020

Abu Dhabi-based Etihad Airways posted on Thursday a core operating loss of $1.7 billion for 2020, more than double the year before due to lower demand and reduced service in the pandemic. Aviation has been one of the industries worst hit by the COVID-19 crisis, forcing airlines to lay off staff and seek government bailouts. […]

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COVID-19 pandemic: Supreme Court proposes to lift extension of limitation period

The Supreme Court Wednesday said it proposes to lift the extension of limitation period for filing appeals which was granted by it with effect from March 15 last year amid the COVID-19 pandemic situation. The apex court had on March 23 last year invoked its plenary power under Article 142 of the Constitution to extend […]

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COVID-19 stress altering consumer behavior in India: IIM Survey

People have faced an unprecedented level of stress due to the COVID-19 pandemic. Everywhere there are daily health anxieties, deaths, increasing unemployment, isolation resulted in feelings of frustration and anger. While there is stress, people adopted various strategies to cope with the effects of the pandemic. To understand the sources of stress and how people […]

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Spotify to allow employees to work from anywhere

Spotify Technology SA will allow its employees to work from anywhere, the Swedish music streaming company said in a blog post on Friday, further upending the future of modern working life. With work shifting to cloud-based systems and people tuning into meetings online, offices have adapted a remote working lifestyle as vaccine inoculations could still […]

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UN chief appreciates critically important partnership between US, UN in responding to pressing global challenges

UNITED NATIONS: Secretary-General Antonio Guterres has expressed his appreciation for the “critically important and strong partnership” between the US and the UN in responding to pressing global challenges, including the COVID-19 pandemic, peace and security crises and increasing threats to human rights, during a phone conversation with Secretary of State Antony Blinken. The US State […]

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