Firms cutting capital spending set to prolong India’s slump

Mumbai: Indian companies are pushing back big-ticket investment plans in another sharp blow to an economy that is hurtling toward its first contraction in more than four decades. Billionaire Kumar Mangalam Birla’s Hindalco Industries Ltd. plans to cut capital expenditure by as much as 40% globally as the company plans to conserve cash, while Tata […]

Change countries to buy your way out of a COVID-19 risk

Wellington: The next time the world’s rich are forced into lockdown, they would like to have an escape ready to a remote and sunny beach. Or perhaps to New Zealand, one of the few countries that has eliminated COVID-19. They are willing to pay for the privilege, of course. They can turn to programmes that […]

Dubai now open to receive health tourists

Dubai: Dubai is open to receive tourists, especially health tourists for a wide spectrum of health and wellness treatments, across all its public and private hospitals with the highest compliance to COVID-19 protocols right from the airport and immigration to the hospitals and wellness centres. This was a powerful message that was sent across through […]