MUMBAI : While soldiers of the world’s two largest armies faced-off along the Sino-Indian border this summer, Chinese firms in India were more preoccupied with paperwork than politics.Several Chinese venture capital funds had just filed their applications to invest in Indian industry and startups.

The Narendra Modi government had made clearance for foreign direct investment (FDI) flowing from China and bordering nations into India mandatory since April.

Chinese firms have invested up to $8 billion and created 200,000 jobs in India, according to official Chinese figures. And in the trade sphere, the two economies are even more deeply intertwined.So, some firms were busy hiring Indian lawyers to help them comply with the latest rules.

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IMF projects sharp contraction of 4.5% in Indian economy in 2020, a historic low

WASHINGTON : The IMF on Wednesday projected a sharp contraction of 4.5% for the Indian economy in 2020, a "historic low," citing the unprecedented coronavirus pandemic that has nearly stalled all economic activities, but said the country is expected to bounce back in 2021 with a robust 6% growth rate.The International Monetary Fund (IMF) projected the global growth at –4.9% in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast."We are projecting a sharp contraction in 2020 of -4.5 per cent.

Gita Gopinath Usa India Washington 2020 pandemic economy crisis

RIL may break-up with IPOs of Jio, retail business

₹53,124.20 crore through a rights issue of its shares, which was subscribed 1.59 times.

India covid-19

Swissport says to axe over 4,000 UK jobs

Swissport, the airport services group, today said it planned to axe more than 4,000 jobs or about half its UK workforce, as the coronavirus pandemic keeps planes grounded.

Britain Ireland business UK Coronavirus

What a deal with Future Retail means for RIL’s retail business

₹10654 crore and ₹3834 crore, respectively.RIL should not have any issues in funding these deals given its healthy balance sheet following the fund raising spree lately. RIL has sold 24.7% stake in its digital services subsidiary, Jio Platforms Ltd for ₹1.15 trillion.

India covid-19 pandemic

Ibec calls for end to travel restrictions

Employers' group Ibec has called for Ireland's international travel restrictions to be ended and for testing and tracing used in place of "ineffective" quarantine measures.

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Empire State star jailed after he's caught carrying two knives on busy city street

An actor who fell into a life of crime has been jailed after he was caught carrying two knives on a busy city street.

stars

German business confidence rises for 2nd consecutive month

BERLIN – German business confidence has risen for the second consecutive month, a closely watched survey showed Wednesday. The result was slightly better than economists' expectations.The Ifo institute said its monthly confidence index rose to 86.2 points in June from 79.7 in May.

Germany city Berlin experts economy Government Coronavirus

How H-1B visa restrictions could separate Indian families

H-1B for skilled workers, often those in the tech industry, such as the visas Dixit and her husband have. The ban, which comes into force on Wednesday, also applies to L visas used for international transfers of high-level employees, as well as different categories for seasonal workers and intern and trainee programs, in addition to accompanying family members.There are some exemptions to the ban, including those working in the food supply industry and some medical workers involved in combating the coronavirus.

India pandemic economy Coronavirus

H-1B visa suspension will harm American businesses that rely on immigrants

Indian IT professionals eyeing the US job market, Trump signed a proclamation on Monday suspending the most sought-after H-1B visas along with other types of foreign work visas until the end of 2020 to protect American workers in a crucial election year.

Usa India county Pacific president 2020 economy medicines

Non-profit group in Lehigh Valley promotes, supports Black-owned businesses

LEHIGH VALLEY, Pa. - In Lehigh Valley, hundreds of Black-owned businesses are being supported and promoted by a non-profit that’s based out of a church.Winston Barnes, the owner of ‘Winston’s Jamaican Restaurant’ in Allentown, says that he is thrilled to be a part of a new list highlighting Black-owned businesses. "It's very important for more advertising, you know, any word of mouth can get out about us- very important," he said.The Lehigh Valley chapter of the non-profit organization POWER, which stands for Pennsylvanians Organized to Witness, Empower and Rebuild, is celebrating more than 200 Black-owned businesses in the area. This effort was inspired by the Black Lives Matter movement, and the death of George Floyd and many others."If

George Floyd state Pennsylvania county Lehigh county Valley Jamaica city Allentown death pandemic information Coronavirus

Non-profit group in Lehigh Valley promotes and supports Black-owned businesses

George Floyd state Pennsylvania county Lehigh county Valley Jamaica city Allentown death pandemic information Coronavirus

Art Basel 2020: The pandemic triggers a virtual shift in art

Basel Online: 15 Rooms, an online-only exhibition available simultaneously on the gallery’s website and the fair’s viewing room.Besides featuring significant works by artists such as Josef Albers, Jeff Koons, Donald Judd and Wolfgang Tillmans—some of which have not been on view earlier—the rooms also feature artists who are favourites with Indian collectors, such as Yayoi Kusama, Carol Bove and Oscar Murillo.The response to 15 Rooms has been positive and Koons’ Balloon Venus Lespugue (Red) has already sold for $8 million (around ₹60.5 crore), establishing a record for an online sale by the gallery.

India 2020 pandemic information innovations

WestJet backs away from labour code exemption that would facilitate mass layoffs

[ Sign up for our Health IQ newsletter for the latest coronavirus updates ]The correspondence came a day after a letter to Tassi, signed by vice-president Mark Porter and obtained by The Canadian Press, which stated that the labour code provisions are “seriously detrimental” to its operations and “unduly prejudicial” to the company and its staff.The company said in an email last month the exemption would give it flexibility “to act in a timely manner” amid the pandemic.A labour code exemption would further scrap the union’s ability to request federal arbitration should the committee fail to yield fruitful solutions, Rauenbusch said.Air Canada has not withdrawn its application to the federal labour minister for an exemption, but has received

Air Canada Canada business WestJet Coronavirus

Coronavirus: Hamilton-area business sees spike in sales after shifting to make sneeze guards

COVID-19 hit, cranking out aquariums and display cases inside the structure provided for an OK living. But the pandemic has meant a new surge in business.“I got three or four requests for sneeze guards overnight and it was like boom,” said Blaine Lantz, the owner of Toronto Plastic.For Lantz, he said it wasn’t an easy transition from fish tanks to life-saving equipment.

Coronavirus Ontario county Ontario covid-19 COVID-19 Ontario Coronavirus

Taylor Lautner & Girlfriend Tay Dome Support Local Business & Step Out For At Lunch Together

Taylor Lautner heads back to his car after a lunch date in Los Angeles on Monday (June 22).

Taylor Lautner Los Angeles pandemic

Orange County businesses can receive free PPE this week

ORANGE COUNTY, Fla. – Orange County small business owners who are in need of personal protective equipment for their employees and patrons can register to receive those supplies for free this week.The PPE will be given away for free Wednesday through Friday from 9 a.m. to 4:30 p.m.

state Florida county Orange county Park information mask

Half of Vernon, B.C., businesses report significant negative impact from pandemic: survey

COVID-19 has varied widely and not all businesses are struggling. With COVID-19 impacts varying between industries, the City of Vernon is also targeting its relief measures at sectors that have been particularly hard hit.Spearheaded by the city, the survey contacted 142 local businesses.Of those surveyed, more than 80 per cent reported they were negatively impacted by the pandemic, with 20 per cent reporting a completed loss of all revenue or sales.Across all businesses surveyed, staffing levels had also dropped by 32 per cent since before the pandemic, suggesting a significant number of employees saw their positions cut.

covid-19 pandemic Vernon Coronavirus

RIL’s recent fundraise has no precedence in Indian corporate history: Mukesh Ambani

₹1,68,818 crore through investments by global tech investors into Jio Platforms of ₹1,15,694 crore and the Rights Issue of ₹53,124 crore, Ambani told shareholders in the company’s annual report released on Tuesday. “ The combined capital raised has no precedence globally in such a short time.

India Saudi Arabia covid-19 WhatsApp

Netflix's 'The Baby-Sitters Club' First Look: Meet Jessi Ramsey and Mallory Pike (Exclusive)

Netflix’s upcoming reboot. In the photo, Jessi and Mallory are seen wearing green Camp Moosehead hoodie sweatshirts and appear to have quizzical expressions on their faces. What could they be concerned about?Vivian Watson (left) and Anais Lee play junior Baby-Sitters Club members, Mallory Pike and Jessi Ramsey, in the Netflix series.Netflix’s adaptation of is the latest iteration of ’s iconic book franchise, which centers on Kristy Thomas (), Mary-Anne Spier ®, Claudia Kishi (), Stacey McGill () and Dawn Schafer () as they lead their own baby-sitting service.

state Indiana county Ramsey Netflix Streaming

Aviation bubble 'truly burst' by Covid-19, says CityJet executive

The CEO of CityJet has warned that it could take three-four years for aviation to return to anything like 2018-2019 levels, and that most airlines will be 30-40% smaller.

Ireland city Dublin business Coronavirus

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23.06.2020 / 16:23

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The businesses that have to stay closed as lockdown restrictions relax

many industries would be allowed to reopen next month, including pubs, restaurants, galleries and cinemas.

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Daa losing €1m a day since St Patrick's Day

The chief executive of the operator of Dublin and Cork airports has said the financial impact of Covid-19 has been enormous, with losses of around €1m a day since St Patrick's Day.

Dalton Philips Ireland city Dublin business Coronavirus

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23.06.2020 / 15:39

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Cinemas, museums and art galleries will be allowed to reopen from July 4

the PM confirmed that the two metre social distance would be reduced to 'one metre plus' and that several hospitality businesses - including pubs and restaurants - could reopen.

hospital virus covid-19 Government

Aviation taskforce seeks urgent clarity over process to ease travel restrictions

A taskforce set up to provide advice around rebuilding the aviation industry has recommended that the Government urgently clarifies the process and milestones to be reached to ease the travel restrictions currently in place for non-essential air travel.

Ireland business

Long term mortgage arrears fall to nine year low in Q1 - Central Bank

The number of home mortgages in arrears for more than 90 days fell to 5.6% at the end of March from 5.7% three months earlier.

Ireland business Coronavirus

Center Parcs to reopen in Longford on July 13, but pool to remain shut until later in the month

Center Parcs has said it will re-open its Longford Forest resort in Ballymahon from Monday July 13, but its swimming pool area will remain closed until later in the month.

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Indian Railways coaches are now used for treating coronavirus patients

Click here to read the Mint ePaperLivemint.com is now on Telegram. Join Livemint channel in your Telegram and stay updated

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Ibec calling for 'dramatic intervention' to save businesses

A Government fund aimed at helping small and medium-sized enterprises to reopen and rebuild - as the Covid-19 pandemic restrictions are eased - needs to be at least quadrupled in size, according to employers' group Ibec.

Ireland business politics Coronavirus

Putin uses World War II parade to boost support before vote

MOSCOW – A massive Russian military parade postponed by the coronavirus pandemic will roll through Red Square this week to celebrate the 75th anniversary of the end of World War II in Europe, even though Russia is still registering a steady rise in infections.President Vladimir Putin’s insistence on holding the parade reflects not only his desire to put Russia's power on display but also to bolster patriotic sentiments a week before a constitutional referendum that could allow him to remain in office until 2036.The Victory Day parade normally is held on May 9, the nation's most important secular holiday.

Vladimir Putin Russia city Moscow outbreak pandemic Coronavirus

Consumers spent €600 million using contactless payments in May

The impact of Covid-19 on how consumers are spending is recorded in the latest figures from the banking sector.

Ireland business Coronavirus

Rahul Gandhi asks Modi govt: Has China occupied Indian territory in Ladakh?

NEW DELHI : Sharpening his attack on the Centre, Congress leader Rahul Gandhi on Tuesday asked the Modi government whether China has occupied Indian territory in Ladakh."We are standing united against Chinese aggression. Has China occupied Indian territory?" Gandhi tweeted along with a photograph of the Pangong Tso lake.Gandhi’s remarks came ahead of the Congress Working Committee (CWC) meeting to discuss the coronavirus situation in the country.

Rahul Gandhi China city New Delhi India president Government Coronavirus

Single screens shut down, OTT content disappoints | Business of Entertainment

More than 50% of India’s 6, 000 plus single screen... moreMore than 50% of India’s 6, 000 plus single screens will find it difficult to restart business in the post pandemic world as the uncertainty around film exhibition remains.

India pandemic

Brad Paisley and Nelly launching Live Nation's U.S. drive-in concert series

Country superstar Brad Paisley and rapper Nelly are returning to the stage to headline the world’s first large-scale drive-in concert series.

Brad Paisley Jon Pardi Darius Rucker state Tennessee state Missouri county St. Louis state Indiana city Nashville, state Tennessee guidelines Hollywood Coronavirus

Chinese Army could conduct a massive cyberattack: Indian security agencies

Indian agency, tasked with cybersecurity, Cert-In issued an advisory regarding a possible cyber attack in the country, the Indian security agencies have also issued an alert on a possible cyberattack from the Chinese Army.The alert claims that the Chinese cyber warriors are expected to carry a massive phishing attack. It is possible that this attack will be disguised as an offer for free Covid-19 test.As reported earlier, this new cyber attack will be a phishing attack which can be carried out via emails, SMS, and messages on social media.The content of such messages and mails mostly try to push individuals into giving up their personal and financial information.

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Boris Johnson to announce cinemas, museums and art galleries to reopen next week

Boris Johnson is to set out plans to allow pubs, restaurants, museums and cinemas to begin re-opening in the latest easing of the coronavirus lockdown in England.The Prime Minister is publishing the Government's keenly-awaited review of the two-metre social-distancing rule today, Tuesday, amid widespread expectations it will be cut to one metre.He will brief the Cabinet on the proposals - due to take effect from July 4 - before setting out details in a Commons statement.The move follows intense pressure from some Tory MPs who have said easing the two-metre requirement is key to re-opening the hard pressed hospitality sector.Many pubs and restaurants have warned that it would simply not be viable for them to operate as long as the rule

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Indiana woman marks 100th birthday after surviving COVID-19, beating cancer and living through WWII

Leora, of Indiana, just celebrated her 100th birthday after surviving COVID-19, cancer, pneumonia and WWII. (Greenleaf Health Campus)ELKHART, Ind. - A 100-year-old Indiana woman who has lived through World War II, survived cancer and successfully battled her way back from a bout of pneumonia last year, learned earlier this month that she’s also a survivor of COVID-19.RELATED: More than 9 million people confirmed to have COVID-19 around the world, according to Johns HopkinsLeora Martin of Elkhart found out a week before her birthday on June 13 that she had tested negative for the virus after being diagnosed with COVID-19 in April — one of 76 residents at her assisted living facility to be infected.

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Jimmy Kimmel reportedly used ‘N-word’ while imitating Snoop Dogg in 1996

changed his speech pattern in an attempt to adopt the voice of black comedian George Wallace, in what host Adam Carolla called Kimmel’s “crazy black voice.” Kimmel acknowledged imitating black people on other occasions as well.Kimmel, who is slated to host the Emmy Awards this year, announced last week that he’s taking the summer off amid a brewing blackface controversy; he has not issued an apology.In the Christmas track, a singer mentioned a “fat n—- in a sleigh giving sh— away,” referring to Santa Claus. The song also referenced “n—– in the manger,” including associates of King Herod.“I told that motherf—er Santa, bring a pick for my afro,” the singer went on.

Jimmy Kimmel Adam Carolla Snoop Dogg county George state Indiana city Santa city Santa Claus county Wallace Racism

Coronavirus: Toronto businesses prepare for Stage 2 reopening

Toronto businesses are scrambling to prepare for the reopening of several businesses for stage two. While businesses are welcoming the news, some say Wednesday is too early for them to be ready. Matthew Bingley reports.

Coronavirus

Coronavirus: Toronto’s Danforth businesses prepare for phase 2 reopening

Small business has been especially hard hit during the COVID-19 pandemic. As the restaurants and cafes along Toronto’s Danforth Avenue get set to reopen, they’re banking on a plan by the City to help them recover. Caryn Lieberman reports.

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Most Florida businesses asking customers to wear masks

ORANGE COUNTY, Fla. – Over the weekend several Orlando-area bars announced they were closing almost as quickly as they had reopened.The Guesthouse posted on its Facebook page: “We regret to announce that we will be temporarily closing our doors, once again, as the COVID-19 numbers begin to rise rapidly in Florida and Orlando. We feel it is our duty to temporarily close to properly protect both our team and our community.”The Matador posted that it closed after “Amember of the Matador staff received a positive COVID-19 test today.” Orange County bars have had to manage crowds while implementing Mayor Jerry Demings' mask requirement for anyone out in public that went into effect Friday night. Mask requirements vary county-by-county.On Monday,

Jerry Demings state Florida county Orange covid-19 recommendations testing mask Coronavirus

David Harbour ‘Excited’ To Show ‘Deep Colours’ Of Hopper In ‘Stranger Things’ Season 4

David Harbour promises a darker Hopper and “Indiana Jones” action in Season 4 of “Stranger Things”.

David Harbour state Indiana covid-19 pandemic Coronavirus

Amid coronavirus pandemic, Live Nation announces drive-in concert series

NEW YORK - Tour promoter Live Nation has announced its first-ever drive-in concerts series in the U.S. for July, months after the live music industry has been on lockdown due to the coronavirus pandemic.The entertainment company on Monday announced “Live from the Drive-In” — a set of nine shows to take place July 10-12 in Nashville, Tennessee; Maryland Heights, Missouri; and Noblesville, Indiana.Grammy-winning singer Brad Paisley will headline shows in all three cities, while fellow country artists Darius Rucker and Jon Pardi will also perform in Nashville at Nissan Stadium. Nelly will perform in Maryland Heights, near St.

Brad Paisley Jon Pardi Darius Rucker New York state Tennessee state Missouri state Maryland state Indiana city Nashville, state Tennessee covid-19 pandemic mask Coronavirus

‘Many businesses are in dire straits’: B.C. tourism industry banking on summer of staycations

COVID-19 pandemic.With international travel halted, Destination BC is planning for $7 billion in revenue and fewer than 50,000 employees in 2020 – down from $21.5 billion and 166,000 workers in 2019.“About half of it is generated from international tourists from the U.S.

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Barbers, salons among Philadelphia businesses reopening June 26, other activities resume July 3

PHILADELPHIA - As Philadelphia prepares to join the rest of southeastern Pennsylvania in moving to the green phase of reopening on Friday, city officials have released a list of activities that won't resume for at least another week.In a release Monday, Mayor Jim Kenney's office announced that city officials would not allow some "green phase" activities to resume until July 3, at the earliest.A limited number of activities will be able to resume on June 26 when the city moves to green including the limited reopening of personal care facilities like salons, barbers, and spas, as well as small indoor social and religious gatherings of up to 25 people.

Jim Kenney state Pennsylvania gatherings guidelines mask Coronavirus

Drake shares new photo of his son on Father's Day

Drake has shared a never-before-seen photo of his two-year-old son Adonis to celebrate Father’s Day.On Sunday, the In My Feelings singer posted an Instagram photo of his son, who he shares with Sophie Brussaux, on Instagram, writing: “Happy Fathers Day to all the real g’z handling business.”The 33-year-old also tagged his own father, Dennis Graham, in the photo, which shows two-year-old Adonis sitting up in bed wearing pyjamas. On his Instagram Stories, the Toronto-born rapper also shared a video of Adonis finding a present for him, an outdoor toy basketball court.

Sophie Brussaux state Indiana city Dennis, county Graham county Graham pandemic Coronavirus

Glastonbury Festival share stage-by-stage playlists of this year’s cancelled line-up

Glastonbury Festival have shared a series of playlists, each corresponding to a different one of their stages, featuring artists who were set to play on their respective line-ups.

Camila Cabello Paul Maccartney Diana Ross Kendrick Lamar Lana Del Rey state Indiana county Taylor county Ross city Lamar 2020 Glastonbury bill Coronavirus

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22.06.2020 / 19:45

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Live Nation Sets Drive-In Concert Series Amid Pandemic

Tour promoter Live Nation has announced its first-ever drive-in concerts series in the U.S. for July, months after the live music industry has been on lockdown due to the coronavirus pandemic.

Brad Paisley Jon Pardi Darius Rucker state Tennessee state Missouri state Maryland county St. Louis state Indiana city Nashville, state Tennessee president pandemic mask Coronavirus

Putin meets with World War II veterans, visits church

MOSCOW – Russian President Vladimir Putin on Monday marked the date of the Nazi invasion of the Soviet Union by meeting with veterans and visiting a new military church.Putin laid a wreath at the Tomb of the Unknown Soldier at the Kremlin wall and greeted World War II veterans.He also visited the newly built main cathedral of the Russian military on Moscow's western outskirts.Nazi Germany invaded the USSR on June 22, 1941, starting nearly four years of fighting that killed 27 million Soviet people and left the western part of the country in ruins.“It was a terrible and massive tragedy that claimed millions of lives, leaving behind devastation and irreparable pain of loss, deep never-healing wounds,” Putin said, addressing soldiers outside

Vladimir Putin Germany Russia city Moscow Soviet Union president pandemic Coronavirus

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

The art of war and Sino-Indian business

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