Nevertheless, the revival was multi-speed, with a considerable variation in the pace of growth across sectors." She said there is growing evidence of a K-shaped recovery.... This was evidenced by the sharp disparity in the performance of the stock markets, robust growth in direct tax collections and improved business sentiment, juxtaposed with the continued pessimism displayed by urban households in the RBI’s latest consumer confidence survey, Nayar said.... The latter is a likely reflection o

months on the back of a severe Covid-19 wave. However, it warned that domestic macro indicators

In May, a 28-year-old woman was arrested on felony charges in San Diego after a video showed a young female passenger punching a Southwest flight attendant in the face.... Such cases are usually filed by local prosecutors — the FAA lacks authority to pursue criminal charges. The FAA said this week that airlines have reported more than 3, 600 cases of unruly passengers this year — figures were not kept for prior years.... In January FAA Administrator Stephen Dickson announced a “ zero-tolerance

Eminent economist N R Bhanumurthy on Sunday said leading indicators are suggesting that the Indian

PETALING JAYA: Several economic indicators show that the economy is on a stronger footing, owing to

. Most of these indicators do not reflect the ground reality, where about 40 per cent of the

"( They) may convince themselves for some time that a less supportive Fed won't derail the rally." Bowler said this market rally, which is largely fueled by the Fed's stimulative bond-buying policy, is in real risk, especially because current inflation levels could limit what the Fed can do. MSCI's gauge of stocks across the globe shed 0.75%, and the pan-European STOXX 600 index lost 0.84%. The Dow Jones Industrial Average fell 106.77 points, or 0.3%, to 35, 544.18, the SP 500 lost 34.88 points,

This year alone we’ve seen some mega refining( and) petrochemical complexes start up, so I think that’s going to be challenging for refining.” In China, new mega refiner Shenghong Petrochemical is set to start trial operations soon, while Zhejiang Petrochemical completed two new crude units earlier this year. Malaysia’s Petronas also hopes to restart operations at its 300, 000 barrels-per-day refinery-petrochemical complex with Saudi Aramco by year-end, said Petronas’ executive vice president an

KUALA LUMPUR: Selangor and Kuala Lumpur must achieve the three key threshold value indicators

.... Strong to severe thunderstorms will impact a large portion of the East on Monday, including big cities