The Maharashtra government on Sunday reversed its earlier decision to keep gyms, beauty salons and spas shut amid an ongoing Covid scare and instructed in its revised guidelines to allow these establishments to function at a 50% capacity. The government in its statement said that beauty salons shall be grouped with hair-cutting salons and hence shall be permitted to function at a 50% capacity. It however stressed that under this revised guideline, only activities that…
The euro held big gains on Friday after the European Central Bank expanded its stimulus more than expected to prop up an economy dealing with its worst recession since World War Two. The euro’s gains helped support appetite for riskier currencies in Asia with the Australian dollar holding gains and the Hong Kong dollar higher. The ECB increased its emergency bond purchase scheme by 600 billion euros, more than 500 billion expected by markets, to…
"Euro’s gains support Asian currencies after ECB stimulus"
