Refunds given for 75% tickets of flights cancelled…

(This story originally appeared in on Dec 11, 2020)NEW DELHI: The government on Friday said airlines have refunded almost three-fourth of tickets sold for flights cancelled during the Covid lockdown. In all, Rs 3,200 crore…

Here’s everything the Federal Reserve could do at…

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, December 1, 2020.Susan Walsh | Pool | ReutersThe Federal Reserve…

Bipartisan Covid relief plan includes more PPP, plus…

Charday Penn | E+ | Getty ImagesSmall business owners with battered finances might be in line for additional funding from the Paycheck Protection Program.On Wednesday, lawmakers from both sides of the aisle circulated a summary…

Schumer pressures Biden to bypass Congress to cancel…

U.S. Senate Democratic Leader Chuck Schumer (D-NY) takes questions during a news conference on Capitol Hill in Washington, December 1, 2020.Kevin Lamarque | ReutersSen. Minority Leader Chuck Schumer continues to put pressure on President-elect Joe…