Coronavirus Economy Impact
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China's Tech Hub Eases Covid Curbs To "Minimise Impact" On Economy
China's southern tech powerhouse Shenzhen has partially eased lockdown measures, after President Xi Jinping stressed the need to "minimise the impact" of the coronavirus pandemic on the nation's economy.
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Will Omicron Have Mild Or Severe Effect On World Economy?
After limping its way back from the Covid pandemic last year, the global economic recovery has been rattled by the Omicron variant's rapid rise.
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Australia To Push Ahead With Reopening Amid Record COVID-19 Cases
Australia's government said the milder impact of the Omicron strain of COVID-19 meant the country could push ahead with plans to reopen the economy even as new infections hit a record of more than 37,000 and the number of people hospitalised rose.
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World Bank Deployed $157 Billion To Fight Pandemic In 15 Months
In its largest-ever crisis response, the World Bank has deployed over USD 157 billion to fight the impact of the COVID-19 pandemic on health, economic and social fronts over the last 15 months.
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Covid Impact Sees Even Middle Class Indians Queuing For Rations
Chanchal Devi's three children haven't tasted milk for almost a year.
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Maruti Suzuki Chairman RC Bhargava Says Another Lockdown Will Hit Economy And Force Workers To Leave: Report
RC Bhargava, Chairman, Maruti Suzuki India has said that lockdown and curfews are not a solution to tackle growing coronavirus cases as these will instead end up hitting the economy and force workers to migrate out of larger cities.
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Lockdown In Six States Likely To Impact 31 Per Cent Of India's Car Market: Report
As part of the mandate from the state government, the shuttered showrooms would mean no sales, while also increasing fixed costs.
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Don't Foresee Anymore Lockdowns, GDP Growth Forecast Remains 10.5%: RBI Governor
The rising COVID-19 infections across the country are a matter of concern, but it may not impact the ongoing economic revival as one does not foresee lockdowns, Reserve Bank Governor Shaktikanta Das said today.
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India's Economy Will Improve, Our Investment Plans There On Track: Saudi Arabia
Saudi Arabia, the world's largest oil exporter, on Sunday said its investment plans in India are on track, noting that the Indian economy has the strength to recover from the adverse impact of the coronavirus crisis.
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Economic Trends Dispel Myth Of No Consensus In Decisions: Government Sources
Recent trends in economic recovery show that the centre has been taking all possible measures to mitigate the impact of the coronavirus crisis, Finance Ministry sources have said. Media reports had claimed the government lacks consensus at the highest levels while pushing fiscal stimulus and packages.
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India's Economy To Contract By 5.9% In 2020 Amid Covid: UN Report
Impacted by disruptions caused by the COVID-19 pandemic, India's economy is forecast to contract by 5.9 per cent in 2020, the UN has said in a report, warning that while growth will rebound next year, the contraction is likely to translate into a permanent income loss.
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Sachin Pilot Backs Rahul Gandhi As He Slams Modi Government Over Economy
Congress leader Sachin Pilot has said that the issues which have been raised by former party chief Rahul Gandhi recently are justified as industries are shutting down, the economic scenario of the country is grim and people are losing their jobs.
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"Promise Was To End Corona In 21 Days, Ended Jobs Instead": Rahul Gandhi
Congress leader Rahul Gandhi released a new video today targeting Prime Minister Narendra Modi and the central government for "destroying the unorganized sector" - which he had earlier called the backbone of the Indian economy - with the "sudden" nationwide lockdown to check the spread of the coronavirus.
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Restart Migrant Trains From Odisha, Minister Urges Colleague Piyush Goyal
Within days of a road accident that killed seven migrant workers travelling from Odisha's Ganjam to cloth mills in Gujarat, Petroleum Minister Dharmendra Pradhan has urged Railways Minister Piyush Goyal urging him to restart Special Shramik trains from his home state so people can "safely return to work" and "help restart the economy".
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Maruti Suzuki Production Recovers; Up By 11% In August 2020
The entire episode of the global pandemic has been a challenging one for everyone. With businesses and economy worst affected, the Indian automobile sector too was impacted by the deadly coronavirus outbreak. As things are improving gradually towards the new normal, the Indian auto industry is slowly yet steadily recovering from the crisis. Maruti ...
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China's Tech Hub Eases Covid Curbs To "Minimise Impact" On Economy
China's southern tech powerhouse Shenzhen has partially eased lockdown measures, after President Xi Jinping stressed the need to "minimise the impact" of the coronavirus pandemic on the nation's economy.
-
Will Omicron Have Mild Or Severe Effect On World Economy?
After limping its way back from the Covid pandemic last year, the global economic recovery has been rattled by the Omicron variant's rapid rise.
-
Australia To Push Ahead With Reopening Amid Record COVID-19 Cases
Australia's government said the milder impact of the Omicron strain of COVID-19 meant the country could push ahead with plans to reopen the economy even as new infections hit a record of more than 37,000 and the number of people hospitalised rose.
-
World Bank Deployed $157 Billion To Fight Pandemic In 15 Months
In its largest-ever crisis response, the World Bank has deployed over USD 157 billion to fight the impact of the COVID-19 pandemic on health, economic and social fronts over the last 15 months.
-
Covid Impact Sees Even Middle Class Indians Queuing For Rations
Chanchal Devi's three children haven't tasted milk for almost a year.
-
Maruti Suzuki Chairman RC Bhargava Says Another Lockdown Will Hit Economy And Force Workers To Leave: Report
RC Bhargava, Chairman, Maruti Suzuki India has said that lockdown and curfews are not a solution to tackle growing coronavirus cases as these will instead end up hitting the economy and force workers to migrate out of larger cities.
-
Lockdown In Six States Likely To Impact 31 Per Cent Of India's Car Market: Report
As part of the mandate from the state government, the shuttered showrooms would mean no sales, while also increasing fixed costs.
-
Don't Foresee Anymore Lockdowns, GDP Growth Forecast Remains 10.5%: RBI Governor
The rising COVID-19 infections across the country are a matter of concern, but it may not impact the ongoing economic revival as one does not foresee lockdowns, Reserve Bank Governor Shaktikanta Das said today.
-
India's Economy Will Improve, Our Investment Plans There On Track: Saudi Arabia
Saudi Arabia, the world's largest oil exporter, on Sunday said its investment plans in India are on track, noting that the Indian economy has the strength to recover from the adverse impact of the coronavirus crisis.
-
Economic Trends Dispel Myth Of No Consensus In Decisions: Government Sources
Recent trends in economic recovery show that the centre has been taking all possible measures to mitigate the impact of the coronavirus crisis, Finance Ministry sources have said. Media reports had claimed the government lacks consensus at the highest levels while pushing fiscal stimulus and packages.
-
India's Economy To Contract By 5.9% In 2020 Amid Covid: UN Report
Impacted by disruptions caused by the COVID-19 pandemic, India's economy is forecast to contract by 5.9 per cent in 2020, the UN has said in a report, warning that while growth will rebound next year, the contraction is likely to translate into a permanent income loss.
-
Sachin Pilot Backs Rahul Gandhi As He Slams Modi Government Over Economy
Congress leader Sachin Pilot has said that the issues which have been raised by former party chief Rahul Gandhi recently are justified as industries are shutting down, the economic scenario of the country is grim and people are losing their jobs.
-
"Promise Was To End Corona In 21 Days, Ended Jobs Instead": Rahul Gandhi
Congress leader Rahul Gandhi released a new video today targeting Prime Minister Narendra Modi and the central government for "destroying the unorganized sector" - which he had earlier called the backbone of the Indian economy - with the "sudden" nationwide lockdown to check the spread of the coronavirus.
-
Restart Migrant Trains From Odisha, Minister Urges Colleague Piyush Goyal
Within days of a road accident that killed seven migrant workers travelling from Odisha's Ganjam to cloth mills in Gujarat, Petroleum Minister Dharmendra Pradhan has urged Railways Minister Piyush Goyal urging him to restart Special Shramik trains from his home state so people can "safely return to work" and "help restart the economy".
-
Maruti Suzuki Production Recovers; Up By 11% In August 2020
The entire episode of the global pandemic has been a challenging one for everyone. With businesses and economy worst affected, the Indian automobile sector too was impacted by the deadly coronavirus outbreak. As things are improving gradually towards the new normal, the Indian auto industry is slowly yet steadily recovering from the crisis. Maruti ...
