India Business News: The RBI has asked credit information companies (CICs, or credit bureaus) to create new information fields in their borrower history to reflect loans t
They have been accused of availing and passing on fraudulent input tax credit to the tune of over Rs 122 crore to various firms without due payment of tax to the government.An a
Stephen Colbert calls Trump ‘pathetic’ for taking credit for COVID-19 vaccine
Entertainment
Stephen Colbert calls Trump ‘pathetic’ for taking credit for COVID-19 vaccine
Former US president Donald Trump was berated by comedian Stephen Colbert over his recent vaccine statement.
Lashing out at the 45th US president , Colbert said it was “unbelievably sad” that Trump was taking credit for the COVID-19 vaccine rollout from President Joe Biden, despite him miserably failing at handling the pandemic during his final year of presidency.
The former president had released a statement on March 11 that read: “I hope that everyone remembers when they’re getting the COVID-19 (often referred to as the China Virus) Vaccine, that if I wasn’t president, you wouldn’t be getting that beautiful ‘shot’ for 5 years, at best, and probably wouldn’t be getting it at all. I hope everyone remembers!”
Fears over soaring costs of Covid borrowing
A record gilt glut predicted for 2022 could undermine Chancellor’s plans to deal with UK’s debt mountain
13 March 2021 • 4:25pm
A record gilt glut will hit markets next year to ramp up the cost of Britain’s post-pandemic debt mountain, new analysis has revealed.
The surge in government borrowing costs is set to be extended as the bond market braces for an “unprecedented” £214bn gilt glut in 2022, analysts at UBS warned. A combination of heavy public borrowing and the Bank of England slowing its quantitative easing will put investors’ appetite for UK government bonds under record strain in 2022.