Financial Crisis

Covid Cost 4 Times More Jobs Than 2009 Financial Crisis: UN

World News | Agence France-Presse | Monday January 25, 2021

The coronavirus pandemic took a huge toll on global jobs last year, the United Nations said Monday, with the equivalent of more than a quarter of a billion lost.

Year 2020: Gold Posts Second Best Annual Return Since 2008 Financial Crisis

Business | Written by Sandeep Singh | Wednesday January 6, 2021

Typically, gold takes support from a sense of risk aversion, especially when investors exit from stocks and rush to safe-haven bets such as precious metals and bonds

Lakshmi Vilas Bank's Financial Crisis Sparks Panic Among Customers

India News | Written by J Sam Daniel and Purva Chitnis, Edited by Harish Pullanoor | Thursday November 19, 2020

Mythili Krishnamoorthi is distraught - her family faces a medical emergency and requires a large sum of money. But all her savings are now under a withdrawal moratorium imposed by the Reserve Bank of India (RBI) on Lakshmi Vilas Bank. The Chennai resident is desperate for the banking regulator to approve her plea for exemption to withdraw up to Rs ...

AMU Seeks President's Intervention To Mitigate Its Financial Crisis

Education | Reported by Press Trust of India | Sunday November 8, 2020

In a letter to the President, AMU Teachers Association on Saturday sought to draw his attention to the fact that thousands of university pensioners have "received only half of their pension money this month causing severe financial crisis and hardships to them".

Drop In Emissions During Lockdown Largest In Modern History: Study

World News | Agence France-Presse | Wednesday October 14, 2020

Pandemic restrictions saw an unprecedented fall in greenhouse gas emissions in the first half of 2020 -- larger than during the 2008 financial crisis and even World War II -- experts said Wednesday.

Sanjay Shah, The Unemployed Trader Who Became A $700 Million Exile

World News | Ellen Milligan, Donal Griffin and Karin Matussek, Bloomberg | Wednesday October 7, 2020

When Sanjay Shah lost his job during the financial crisis more than a decade ago, he was one of thousands of mid-level traders suddenly out of work.

Consider More Legally Viable Options For Giving GST Dues To States: Arvind Kejriwal To PM Modi

India News | Press Trust of India | Tuesday September 1, 2020

Delhi Chief Minister Arvind Kejriwal today wrote to Prime Minister Narendra Modi, urging him to consider more legally viable and sustainable options for providing GST dues to states to help them tide over the COVID-19 financial crisis.

Hit By Lockdown, 2 Businessmen Start Stealing Two-Wheelers: Nagpur Police

Nagpur News | Press Trust of India | Sunday August 30, 2020

Just few months ago they were working hard to expand their businesses, but the financial crisis triggered by coronavirus-induced nationwide lockdown has landed two upcoming businessmen on the wrong side of the law.

Economy More Resilient Now Versus Global Financial Crisis, Says RBI Governor

Business | Reuters | Thursday August 27, 2020

Shaktikanta Das said factors like an improved debt-to-gross domestic product ratio and sharply better current account were positive for the economy.

Delhi Jeweller Brothers Died By Suicide Over Financial Crisis: Police

India News | Press Trust of India | Thursday August 27, 2020

Two brothers, who owned a jewellery shop in central Delhi's Chandni Chowk, were found dead at their store today around 3 PM, the police said. A suicide note has been recovered from the spot, they said.

IPL Chinese Sponsor Deal Suspension "Not A Financial Crisis", Says Sourav Ganguly

Agence France-Presse | Sunday August 9, 2020

The 2020 IPL tournament is due to start in the United Arab Emirates next month.

Mann Kee Awaaz Pratigya Actor Anupam Shyam In ICU, Family Seeks Financial Help From Industry Friends

Entertainment | Edited by Aakanksha Raghuvanshi | Wednesday July 29, 2020

"He could not get a good treatment due to financial crisis," the actor's brother told PTI

Instead Of Fighting COVID-19 And China, Centre Conspiring To Topple Congress Governments: Ajay Maken

India News | Press Trust of India | Sunday July 26, 2020

Congress leader Ajay Maken accused the Centre on Sunday of conspiring to topple the Congress governments in various states, instead of fighting the financial crisis, COVID-19 and China.

COVID-19 Leads To Queries On Vacancies In Ahmedabad Old Age Homes

India News | Edited by Debjani Chatterjee | Tuesday July 14, 2020

Coronavirus: Homes for the elderly in Ahmedabad are witnessing an increased number of inquiries for availability of facilities amid the COVID-19 pandemic. The inquiries started rising since the lockdown, says a report in news agency ANI. Financial crisis and a fear of the elderly being susceptible to the infection, are the two main reasons why fami...

Irfan Pathan Helped CSK Cobbler Fight Financial Crisis After IPL Postponement, Reveals Dinesh Karthik

Akash Khanna | Wednesday June 17, 2020

Irfan Pathan extended financial aid to a cobbler who works for CSK, after the IPL was postponed.