With some virus carriers presenting few outward signs of illness, and many countries unable or unwilling to conduct wider testing, the true number of global infections is likely higher -- some say far higher -- than 1 million
Not only does India have large reserves, but Thailand, the second-biggest shipper, recently said it had enough rice to meet its export target, even after suffering the worst drought in decades. Indonesia, the world’s fourth
He noted companies with a strong market share also tend to emerge relatively unscathed, unless they are highly leveraged. For now, he has “a lot of cash” in U.S. dollars, some Chinese and Russian stocks, and he is conside
State governments can draw food grains for three months from Food Corp. on credit, Finance Minister Nirmala Sitharaman said via Twitter Monday. This will ensure that the states do not face any cash constraint in distributing
One reason for the RBI’s reluctance may be worries that deeper rate cuts could worsen outflows and weaken the rupee, according to investors such as Lakshmi Iyer at Kotak Mahindra Asset Management Co. in Mumbai.
The relentless spread of the coronavirus and a plunge in oil prices has already seen the S&P 500 Index tumble about 25% from its closing high on Feb. 19 to its low set last week. The dollar has jumped 20% versus the Chilean
Reliance Industries expected the Aramco transaction to be completed by March, but people familiar with the matter said in February that talks were still ongoing to bridge differences between the two parties over the deal’s
Some people may be more genetically susceptible, possibly because they have a greater abundance of the distinctly shaped protein receptors in their respiratory epithelial cells that the virus targets, Taubenberger said.
Airline traffic is expected to contract this year for only the fourth time since the Great Depression, although the full impact will depend on how long the Covid-19 virus continues to spread, said Ron Epstein, an analyst with
India doesn’t have a safe way to let even large non-deposit-taking financial firms fail, which is why the authorities needed to handle trouble at a large deposit-taking institution like Yes with more urgency.