The economy may have emerged from the woods, but challenges loom
After two quarters of a sharp contraction, India’s economy is estimated to have rebounded out of a ‘technical recession’ to record feeble growth in the October-December 2020 period, with GDP rising by 0.4% and GVA by 1%. The overall numbers are not surprising. Just as the short-notice pandemic lockdown and the subsequent case surge took the wind out of mobility and economic activity in the first half of the fiscal year, the ‘unlocking phase’ that was largely complete by late September, brought back a semblance of normalcy, with pent-up and festival demand spurring spending, and helping reboot production lines. Agriculture remained the resilient bulwark in the third quarter as well, with farm GVA rising by 3.9% after being the sole sector to clock growth in the preceding two quarters. Manufacturing and construction resurfaced from a collapse to expand 1.2% and 6%, respectively. Both these sectors had been und
Temenos (SIX: TEMN), the banking software company, today announced that Croí Laighean Credit Union has selected Temenos front-to-back Software-as-a-Service (SaaS) to transform its digital banking.
CALGARY Kerri Einarson won a second straight Canadian women s curling championship with a 9-7 win over Ontario s Rachel Homan on Sunday. Einarson, third Val Sweeting, second Shannon Birchard and lead Briane Meilleur from Manitoba s Gimli Curling Club defeated Homan in the Scotties Tournament of Hearts final for the second time in as many years. Einarson s team was the first to repeat since Homan in 2013 and 2014. Einarson had to make a draw with her final shot in an extra end to claim her first championship in Moose Jaw, Sask. The skip didn t have to throw her final stone Sunday in Calgary.