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Posted on July 31, 2020

Sri Lankan shares jump on boost from financial, consumer stocks

Sri Lankan shares snapped a three-session losing streak on Friday, led by gains in financial and consumer staples stocks.

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Posted on July 31, 2020

WHO and Italy, frontrunners in the fight against malnutrition in Yemen

Half of the population in Yemen is unemployed due to a devastated … WHO provided the family with therapeutic milk and medicine, financial support for transportation fees and covered the cost …

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Posted on July 31, 2020

Afghanistan combat veterans fight to save local American Legion post as coronavirus hurts finances

“We make a great effort to help every veteran that comes along and in need, and right now, we can’t do that–we just don’t have the financial ability to … home in 2016 as a female veteran serving in …

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Posted on July 31, 2020

India not close to situation for debt monetisation, says former RBI chief Subbarao

Referring to the idea of debt monetisation, Subbarao said, “there is no reason to believe that we are anywhere close to that situation”.

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Posted on July 31, 2020

India’s fiscal pain continues to get worse

India’s fiscal pain continues to get worse. Fiscal deficit had soared to seven-year high of 4.6 per cent of GDP in 2019-20, mainly on account of poor revenue realisation which dipped further towards …

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Posted on July 31, 2020

Loan restructuring for India Inc on cards, says Finance Minister

A stressed India Inc can look forward to some relief on the credit front as Finance Minister Niramla Sitharaman on Friday indicated work is in progress on loan structuring. “The Finance Ministry is …

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Posted on July 31, 2020

China says to penalise Luckin Coffee for accounting fraud

Chinese regulators said they would penalise Luckin Coffee after confirming accounting fraud that has already forced the company to delist from the U.S. Nasdaq exchange. The Ministry of Finance, which …

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Posted on July 31, 2020

China turns to construction to cure economic woes

At a cavernous factory in the Chinese city of Xuzhou, 100 new workers have just been hired to produce giant construction cranes. Nearby, at another sprawling factory, employees toil until midnight to …

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Posted on July 31, 2020

Etisalat JV launches free digital utility bill payment services for UAE customers

Customers can also recharge their prepaid account, make charity payments, purchase game and music vouchers via the eWallet app …

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Posted on July 31, 2020

HashCash Collabs with UAE Retailer to Enable Low-Touch Shopping Experience

As industries gradually shift towards automation to minimize the manual way of doing things, HashCash is helping UAE based leading retailer to reform their present operational and business set-up …

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