Temporary Lay-off Schemes May Not Be the Recovery Solution for Virus-hit Economies in Top Business News- News18.com published on May 17, 2020 leave a reply Short-term unemployment or furlough schemes provide at least 80% of pay for workers for whom there is no work now, but a swift return is expected after a limited period. from Top Business News- News18.com https://ift.tt/3cAczfw Tweet Share Share Share Share Previous Post Disappointed that 'Long-standing Demands', Relief for Telecom Did Not Figure in Economic Package: COAI Next Post New 'Coherent' Policy Incoming, Govt to Privatise Non-strategic PSUs: FM Sitharaman post written by: Rohit Related PostsFrench group Sanofi to buy U.S. firm Principia Biopharma for $3.7 billionFrench healthcare company Sanofi SA has agreed to buy U.S. company Principia Biopharma Inc for around $3.7 billion, the companies said on Monday, strengthening … Continue ReadingOil prices advance as China set to boost U.S. crude importsOil prices rose on Monday following news China plans to ship large volumes of U.S. crude in August and September, which outweighed concerns over a slowdown in d… Continue ReadingChina's Geely Automobile trims full-year sales outlook after profit plungeGeely Automobile Holdings Ltd on Monday booked a 43% drop in halfyear profit and trimmed its fullyear sales goal, sending its shares down 4%, as the coronavirus… Continue ReadingGold firms on weaker dollar as focus turns to FedGold rose on Monday as the dollar eased, recouping initial declines following a steep drop in the previous week, with focus on the release of U.S. Federal Reser… Continue ReadingPetrol Prices on the Rise While Diesel Rates Remains Steady as Economic Activity Remains MutedIn the national capital, petrol prices rose for the second consecutive day by 16 paise to Rs 80.73 a litre. Pump prices of petrol have risen 14 paise a litre on… Continue Reading
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