Why pessimists are better positioned to weather an economic crisis
PRADIP [email protected] In the midst of the COVID-19 pandemic that is diminishing the fortunes of countries and individuals, it may be a good time to …
Covid lockdown to come at heavy economic cost: Analysts
New Delhi, March 27 (IANS) The three week lockdown in India will make the year 2020 an even worse year for the economy than the …
21-day lockdown to derail India’s economic juggernaut: Report
New Delhi, March 25 (IANS) As the Indian economy eagerly awaits a financial package to prevent the COVID-19 pandemic from causing major harm, a new …
Economic package to ease Covid-19 impact soon: FM (Roundup)
New Delhi, March 24 (IANS) Finance Minister Nirmala Sitharaman here on Tuesday announced an eight-point structural and regulatory relief package to mitigate the economic fallout …
Pandemic to deliver deep economic shock globally: Report
New Delhi, March 24 (IANS) With one-fifth of the world’s population now under lockdown and industries shutting operations amid global supply chain issues, the new …
Government readying an economic package: FM
New Delhi, March 24 (IANS) The government may come up with an economic package to prevent the COVID-19 pandemic from causing major harm to the …
Chidambaram flays delay in setting up of Economic Task Force
New Delhi, March 24 (IANS) Former Union Finance Minister P Chidambaram on Tuesday attacked the Modi government for the delay in setting up a Special …
Govt readying an economic package: FM
New Delhi, March 24 (IANS) The central government may come up with an economic package to prevent COVID-19 pandemic from causing deep seared harm to …
Australia passes ‘most significant’ economic support package
Canberra, March 24 (IANS) The Australian Parliament on Tuesday voted to pass the “most significant” economic support package worth A$84 billion ($49 billion) in response …
PM interacts with industry on mitigating economic impact of COVID-19
New Delhi, March 23 (IANS) Prime Minister Narendra Modi on Monday interacted with industry representatives through video conference on measures to curb and mitigate the …
COVID-19 to permanently hit global economic activity: Moody’s
New Delhi, March 23 (IANS) The rapid spread of coronavirus in the last two weeks causing widespread business closures and unprecedented restrictions on social interactions …
Punjab CM seeks economic package to tackle COVID-19
Chandigarh, March 23 (IANS) Punjab Chief Minister Amarinder Singh has sought a comprehensive economic package from the Centre to mitigate the hardship resulting from COVID-19 …
Clapping won’t help, huge economic package required: Rahul
New Delhi, March 21 (IANS) Describing the coronavirus crisis in the country as a huge blow to the economy, former Congress President Rahul Gandhi slammed …
FM meets key ministers over economic impact of Covid-19
New Delhi, March 20 (IANS) Finance Minister Nirmala Sitharaman on Friday set the ball rolling on finalising India’s strategy to combat the coronavirus pandemic and …
FM to lead Covid-19 economic response task force (Roundup)
New Delhi, March 19 (IANS) The Centre has set up a Finance Minister Nirmala Sitharaman-led Covid-19 economic response task force, which would assess the requirements …
Centre forms FM-led COVID-19 economic response task force: PM (Ld)
New Delhi, March 19 (IANS) The Centre has formed a COVID-19 economic response task force, Prime Minister Narendra Modi said on Thursday. The task force …
Centre forms FM-led COVID-19 economic response taskforce: PM
New Delhi, March 19 (IANS) The Centre has formed an COVID-19 economic response taskforce, Prime Minister Narendra Modi said on Thursday. Accordingly, the taskforce will …
Trump signs $100bn relief package amid dire economic signals
New York, March 19 (IANS) Signalling dire economic prospects, the bellwether stock market index has surrendered almost all of the strong gains it had made …
Coronavirus will lead to economic slowdown: Punjab CM
Chandigarh, March 17 (IANS) Punjab Chief Minister Amarinder Singh on Tuesday termed coronavirus (Covid-19) as a major disaster which could lead to a serious slowdown …
NZ launches $7.36bn economic stimulus package
Wellington, March 17 (IANS) The New Zealand government on Tuesday launched “the most significant peace-time economic plan” in the country’s modern history to cushion the …
GST hike amid COVID-19, economic slump to derail mobile industry: ICEA
New Delhi, March 15 (IANS) India’s leading mobile industry association, ICEA has expressed shock and disappointment over the proposed increase in Goods and Service Tax …
Corona to cause most dangerous economic crisis: Sisodia
New Delhi, March 14 (IANS) Delhi Finance Minister Manish Sisodia on Saturday said COVID-19 is not just a health crisis but is going to cause …
Coronavirus will bring down global economic growth to just 1.4%
New Delhi/Paris, March 13 (IANS) The global economic growth will be merely 1.4 per cent this year, compared to 2.9 per cent in 2019, due …
Australia unveils $11.4bn economic stimulus package
Canberra, March 12 (IANS) The Australian government on Thursday unveiled an economic stimulus package of AU$17.6 billion ($11.4 billion) to help mitigate the impact of …
COVID-19 to further slow global economic activity: Moody’s
New Delhi, March 9 (IANS) The global spread of the coronavirus (COVID-19) is resulting in simultaneous supply and demand shocks and will result in further …
Economic slowdown hits Karnataka growth rate
Bengaluru, March 7 (IANS) The economic slowdown in the country had a cascading effect on Karnataka, as its growth rate for outgoing fiscal 2019-20 is …
Manmohan fears economic despair to expand due to CAA, COVID-19
New Delhi, March 6 (IANS) Former Prime Minister Manmohan Singh on Friday said the country has becomes a majoritarian state in economic despair expressing concern …
Economic slowdown has bottomed out, says DEA Secy
New Delhi, Feb 28 (IANS) The government on Friday said there is an uptick in growth and the slide in economic growth has already bottomed …
US confirms 2.3% economic growth in 2019
Washington, Feb 28 (IANS) The US government has confirmed that the national economy grew by 2.3 per cent in 2019, a modest rate that is …
US Commerce Sec eyes strengthening economic ties with Pak
Islamabad, Feb 27 (IANS) US Commerce Secretary Wilbur Ross visited Pakistan and explored areas where both countries could renew their economic partnership and step up …
Tokyo stocks close sharply lower on global economic concerns
Tokyo, Feb 25 (IANS) Tokyo stocks closed sharply lower on Tuesday, with the benchmark Nikkei stock index ending at a four-month low amid a global …
US stocks open lower amid global economic slowdown concerns
New York, Feb 24 (IANS) US stocks opened sharply lower on Monday amid concerns over a prolonged global economic slowdown. Shortly after the opening bell, …
ONGC not affected from economic slowdown, coronavirus: CMD
Agartala, Feb 19 (IANS) Despite economic slowdown and affect in the industrial growth due to the coronavirus outbreak in China and other countries, the business …
Indian economic revival likely to be shallow: Moody’s
Chennai, Feb 17 (IANS) Global credit rating agency Moody’s Investor Services on Monday said the Indian economic revival will likely to be shallow. In its …
Budget sets better economic prospects: Brickwork Ratings
Mumbai, Feb 11 (IANS) The Budget proposals, along with RBI’s liquidity boosting measures and coupled with previously announced measures, are expected to bring the domestic …
Venezuela-Russia vow economic cooperation despite US sanctions
Caracas, Feb 9 (IANS) Venezuela and Russia have agreed to increase investment in diverse spheres despite sanctions by the US, Russian Foreign Minister Sergey Lavrov …
Economic survey team manhandled in UP district
Bijnor (Uttar Pradesh), Feb 6 (IANS) Apprehensions over the Citizenship Amendment Act (CAA) and the National Register of Citizens (NRC) are now so strong that …
US stocks jump amid economic data
New York, Feb 6 (IANS) US stocks extended gains, boosted by a slew of better-than-anticipated data. On Wednesday, the Dow Jones Industrial Average jumped 483.22 …
A safe inclusive Budget in current economic situation (Opinion)
Overall the Budget 2020 has tried to factor in the current economic situation and consumer sentiment. It has taken into cognizance the aspirations of the …
Budget sets stage for economic revival (Opinion)
Budget sets the stage for economic revival while maintaining fiscal balance. Finance Minister does a tight rope walk while adding pace to reforms and sending …
High flowing couplets in Nirmala’s budget do little to ease economic woes
New Delhi, Feb 1 (IANS) It was an unusually long 2 hours, 41 minutes Budget speech by Finance Minister Nirmala Sitharaman, where she tried to …