Lockdown Impact On Economy
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What Is Emergency Credit Line Guarantee Scheme? Read Here
As many as 117.87 lakh businesses have been provided 100 per cent guaranteed collateral free loans under the emergency credit line guarantee scheme
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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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GDP Grows 5.4% In December Quarter, Lower Than 8.4% In Previous Quarter
India's GDP grew by 5.4 per cent in the December quarter of the current fiscal (2021-22), lower than 8.4 per cent growth seen in the September quarter
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Economy Contracted By 6.6% In 2020-21: NSO
Economy had contracted by 6.6 per cent in 2020-21 due to the outbreak of the Coronavirus pandemic and the subsequent national lockdown, NSO has said
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Food Inflation To Ease On Relaxation Of Lockdown, Good Monsoon: K V Subramanian
Chief Economic Adviser K V Subramanian said that food inflation is likely to ease on account of the twin impact of relaxation of lockdown restrictions as well as good monsoon this year.
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Corporates Call For Ramping Up Investment In Health Sector: Report
The corporate sector has underlined the importance of ramping up investments in healthcare infrastructure in tier 2 and tier 3 cities and rural areas.
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Rising Inflation May Force RBI To Focus on Price Stability, Says SBI Report
SBI Report: If the RBI has to ultimately increase interest rates or change its stance to combat inflation, it may impact incipient signs of recovery.
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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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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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Another Outbreak, Lockdowns, Restraints Will Be "Unbearable": RBI
Kaushik Das, chief India economist at Deutsche Bank AG in Mumbai, says if cases continue to surge, it will cost the economy and the impact on growth will be felt in the April to June quarter
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Industrial Output Snaps Recovery With 2.6% Contraction In Eight Core Sectors
The cumulative index of eight core sectors during April-November 2020 contracted by 11.4 per cent indicative of the adverse impact on industrial production during the lockdown period compared with the 0.3 per cent growth in the corresponding period last year
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Economic Activities Revived With Phased Unlocking Since June: Government
Union Minister of State for Home Nityanand Rai said in the Rajya Sabha that the strict lockdown, first announced on March 24, was effective in containing the impact of the coronvirus pandemic.
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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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Pre-Owned Luxury Car Segment To Play A Pivotal Role In Post-COVID Era: Industry Experts
With social distancing becoming the new normal in the COVID era there is an increasing demand for personal mobility. However, the impact of the pandemic on the economy is also expected to affect the buying pattern of the consumer with an increasing focus on the pre-owned car market, and this is true in the case of luxury car segment as well.
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Difficult To Gauge Extent Of Economic Disruption Under Lockdowns: Report
Forecasts for GDP in the quarter through June range from a contraction of 15 per cent to a decline of 25.9 per cent, with a median estimate of -19.2 per cent.
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What Is Emergency Credit Line Guarantee Scheme? Read Here
As many as 117.87 lakh businesses have been provided 100 per cent guaranteed collateral free loans under the emergency credit line guarantee scheme
-
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.
-
GDP Grows 5.4% In December Quarter, Lower Than 8.4% In Previous Quarter
India's GDP grew by 5.4 per cent in the December quarter of the current fiscal (2021-22), lower than 8.4 per cent growth seen in the September quarter
-
Economy Contracted By 6.6% In 2020-21: NSO
Economy had contracted by 6.6 per cent in 2020-21 due to the outbreak of the Coronavirus pandemic and the subsequent national lockdown, NSO has said
-
Food Inflation To Ease On Relaxation Of Lockdown, Good Monsoon: K V Subramanian
Chief Economic Adviser K V Subramanian said that food inflation is likely to ease on account of the twin impact of relaxation of lockdown restrictions as well as good monsoon this year.
-
Corporates Call For Ramping Up Investment In Health Sector: Report
The corporate sector has underlined the importance of ramping up investments in healthcare infrastructure in tier 2 and tier 3 cities and rural areas.
-
Rising Inflation May Force RBI To Focus on Price Stability, Says SBI Report
SBI Report: If the RBI has to ultimately increase interest rates or change its stance to combat inflation, it may impact incipient signs of recovery.
-
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.
-
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.
-
Another Outbreak, Lockdowns, Restraints Will Be "Unbearable": RBI
Kaushik Das, chief India economist at Deutsche Bank AG in Mumbai, says if cases continue to surge, it will cost the economy and the impact on growth will be felt in the April to June quarter
-
Industrial Output Snaps Recovery With 2.6% Contraction In Eight Core Sectors
The cumulative index of eight core sectors during April-November 2020 contracted by 11.4 per cent indicative of the adverse impact on industrial production during the lockdown period compared with the 0.3 per cent growth in the corresponding period last year
-
Economic Activities Revived With Phased Unlocking Since June: Government
Union Minister of State for Home Nityanand Rai said in the Rajya Sabha that the strict lockdown, first announced on March 24, was effective in containing the impact of the coronvirus pandemic.
-
"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.
-
Pre-Owned Luxury Car Segment To Play A Pivotal Role In Post-COVID Era: Industry Experts
With social distancing becoming the new normal in the COVID era there is an increasing demand for personal mobility. However, the impact of the pandemic on the economy is also expected to affect the buying pattern of the consumer with an increasing focus on the pre-owned car market, and this is true in the case of luxury car segment as well.
-
Difficult To Gauge Extent Of Economic Disruption Under Lockdowns: Report
Forecasts for GDP in the quarter through June range from a contraction of 15 per cent to a decline of 25.9 per cent, with a median estimate of -19.2 per cent.
