Pandemic Recovery
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China's Overseas Travel Recovery From Covid Lags Due To Costs, Visa Snags
A recovery in Chinese overseas travel from the COVID-19 pandemic is fading as rising costs and difficulties in securing visas cement a preference for local and short-haul destinations.
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Pandemic Recovery Of India's Economy Complete: Chief Economic Advisor
Chief Economic Advisor V Anantha Nageswaran on Tuesday said the economy's recovery from the pandemic is complete, supported by non-banking and corporate sectors.
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Air India Set To Order Nearly 500 Jets, Says Aircraft Lessor
Air India is set to order around 500 planes as an airline industry recovery takes hold following the pandemic, one of the world's leading aircraft lessors said on Monday.
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Google to Mentor 1 Million Indian Women Entrepreneurs; Working With Partners to Increase Numbers, Antony Blinken Says
Google has committed to mentoring 1 million Indian women entrepreneurs, US Secretary of State Antony Blinken said on Wednesday. Blinken also stated that the US will address challenges holding women back, such as a lack of mentorship and training opportunities, adding that women's full economic participation was needed to "actually lead an inclusive...
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IMF Director Congratulates PM Modi On India's Economic Recovery From Covid Pandemic
Ahead of India's upcoming G20 presidency, International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday thanked Prime Minister Narendra Modi for a great meeting and congratulated on India's strong economic recovery from the COV
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Two-Wheeler Insurance Premium Hike To Dent Recovery Process: TVS CEO
In addition to challenges due to the pandemic, the ongoing semiconductor chip shortage, high raw material cost and increasing fuel prices have impacted demand.
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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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Eyeing Pandemic Recovery, Philippines Brings $98.45 Billion 2022 Budget
Philippine President Rodrigo Duterte on Thursday signed a 5.024 trillion pesos ($98.45 billion) budget for next year, the Southeast Asian country's largest ever, as it aims to sustain economic recovery and manage COVID-19 outbreaks.
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Sustainable Covid Recovery Should Begin With Vaccines: India At UN
Emphasising that following emergence of Omicron variant, India had immediately offered support including supplying made vaccines to affected countries in Africa, India at UN said that sustainable recovery from pandemic should start with vaccines.
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World Bank Unveils $93 Billion Boost For Poorest Nations
The World Bank's fund to help the world's poorest nations got a $93 billion injection of cash to help scale up aid for pandemic recovery and other programs, the institution announced Wednesday.
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Omicron Has Potential To Derail Domestic Air Traffic Recovery: Rating Body ICRA
Continuing on the recovery path, domestic air passenger traffic crossed the 10-million mark in November for the first time since the pandemic hit aviation industry but Omicron has the potential to spoil the party, according to rating agency ICRA.
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Covid Pandemic To Cost Global Tourism $2 Trillion In 2021: UN Body
The coronavirus pandemic will cost the global tourism sector $2.0 trillion in lost revenue in 2021, the UN's tourism body said Monday, calling the sector's recovery "fragile" and "slow".
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Japan Unveils Record $490 Billion Stimulus To Boost Pandemic Recovery
Japanese Prime Minister Fumio Kishida announced a record $490 billion stimulus for the world's third-largest economy Friday as he looks to shore up the country's patchy pandemic recovery.
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Joe Biden Calls Jerome Powell "Right Person" To See US Past Pandemic
US Federal Reserve Chair Jerome Powell "is the right person to see us through" the pandemic recovery and the fight against inflation, President Joe Biden said Monday as he nominated Powell for a second term.
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Japan Plans Record $490 Billion Spending To Boost Pandemic Recovery: PM
Japanese Prime Minister Fumio Kishida announced a record $490 billion stimulus for the world's third-largest economy Friday as he looks to shore up the country's patchy pandemic recovery.
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China's Overseas Travel Recovery From Covid Lags Due To Costs, Visa Snags
A recovery in Chinese overseas travel from the COVID-19 pandemic is fading as rising costs and difficulties in securing visas cement a preference for local and short-haul destinations.
-
Pandemic Recovery Of India's Economy Complete: Chief Economic Advisor
Chief Economic Advisor V Anantha Nageswaran on Tuesday said the economy's recovery from the pandemic is complete, supported by non-banking and corporate sectors.
-
Air India Set To Order Nearly 500 Jets, Says Aircraft Lessor
Air India is set to order around 500 planes as an airline industry recovery takes hold following the pandemic, one of the world's leading aircraft lessors said on Monday.
-
Google to Mentor 1 Million Indian Women Entrepreneurs; Working With Partners to Increase Numbers, Antony Blinken Says
Google has committed to mentoring 1 million Indian women entrepreneurs, US Secretary of State Antony Blinken said on Wednesday. Blinken also stated that the US will address challenges holding women back, such as a lack of mentorship and training opportunities, adding that women's full economic participation was needed to "actually lead an inclusive...
-
IMF Director Congratulates PM Modi On India's Economic Recovery From Covid Pandemic
Ahead of India's upcoming G20 presidency, International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday thanked Prime Minister Narendra Modi for a great meeting and congratulated on India's strong economic recovery from the COV
-
Two-Wheeler Insurance Premium Hike To Dent Recovery Process: TVS CEO
In addition to challenges due to the pandemic, the ongoing semiconductor chip shortage, high raw material cost and increasing fuel prices have impacted demand.
-
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.
-
Eyeing Pandemic Recovery, Philippines Brings $98.45 Billion 2022 Budget
Philippine President Rodrigo Duterte on Thursday signed a 5.024 trillion pesos ($98.45 billion) budget for next year, the Southeast Asian country's largest ever, as it aims to sustain economic recovery and manage COVID-19 outbreaks.
-
Sustainable Covid Recovery Should Begin With Vaccines: India At UN
Emphasising that following emergence of Omicron variant, India had immediately offered support including supplying made vaccines to affected countries in Africa, India at UN said that sustainable recovery from pandemic should start with vaccines.
-
World Bank Unveils $93 Billion Boost For Poorest Nations
The World Bank's fund to help the world's poorest nations got a $93 billion injection of cash to help scale up aid for pandemic recovery and other programs, the institution announced Wednesday.
-
Omicron Has Potential To Derail Domestic Air Traffic Recovery: Rating Body ICRA
Continuing on the recovery path, domestic air passenger traffic crossed the 10-million mark in November for the first time since the pandemic hit aviation industry but Omicron has the potential to spoil the party, according to rating agency ICRA.
-
Covid Pandemic To Cost Global Tourism $2 Trillion In 2021: UN Body
The coronavirus pandemic will cost the global tourism sector $2.0 trillion in lost revenue in 2021, the UN's tourism body said Monday, calling the sector's recovery "fragile" and "slow".
-
Japan Unveils Record $490 Billion Stimulus To Boost Pandemic Recovery
Japanese Prime Minister Fumio Kishida announced a record $490 billion stimulus for the world's third-largest economy Friday as he looks to shore up the country's patchy pandemic recovery.
-
Joe Biden Calls Jerome Powell "Right Person" To See US Past Pandemic
US Federal Reserve Chair Jerome Powell "is the right person to see us through" the pandemic recovery and the fight against inflation, President Joe Biden said Monday as he nominated Powell for a second term.
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Japan Plans Record $490 Billion Spending To Boost Pandemic Recovery: PM
Japanese Prime Minister Fumio Kishida announced a record $490 billion stimulus for the world's third-largest economy Friday as he looks to shore up the country's patchy pandemic recovery.
