Presidential Task Force to revive COVID-19-hit SL economy
Colombo, April 23 (IANS) A high-powered Presidential Task Force has been appointed for the economic revival and poverty eradication in Sri Lanka impacted by the...
economy
US states, public divided over reopening economy amid pandemic
Washington, April 23 (IANS) US President Donald Trump was at odds with a number of states run by Democratic Governors, in a push-and-shove match over...
Leave adjustment among 7 pointers by CII to govt as economy restarts
New Delhi, April 21 (IANS) As India slowly restarts certain businesses to bring the economic churning back into the system, a 7-point recommendation is being...
Mining best bet to boost economy hit by Covid-19: Exporters
Panaji, April 20 (IANS) There is an urgent need to restart the state’s mining industry, especially at a time when the Covid-19 pandemic is bound...
China cuts key lending rate to boost pandemic-hit economy
Beijing, April 20 (IANS) China on Monday cut its benchmark lending rate for the second time this year to reduce corporate borrowing costs and ease...
UK economy could suffer deepest recession in a century
London, April 19 (IANS) As the ongoing lockdown in the UK has been extended for at least another three weeks without a clear exit strategy,...
Americans react with alarm as Trump pushes to ‘liberate’ economy (Ld)
New York, April 18 (IANS) “All risk and no upside” is how doctors on the frontline of the coronavirus pandemic in America are describing US...
Socio-economy, supply chain, geo politics to change post Covid: Sanyal
New Delhi, April 17 (IANS) Principal Economic Adviser Sanjeev Sanyal on Friday said that the socio-economic situation, supply chain, and geo-politics will not remain the...
China’s economy contracts for 1st time since 1976 over COVID-19
Beijing, April 17 (IANS) China’s GDP fell by 6.8 per cent in the first quarter of 2020, the first contraction in the country’s economy since...
Netanyahu announces plan to ease restrictions, revive economy
Jerusalem, April 17 (IANS) Israeli Prime Minister Benjamin Netanyahu has announced a “cautious and gradual” plan to resume business activity and ease closure restrictions amid...
Agra’s tourism industry hit hard, hotel economy shattered
Agra, April 16 (IANS) India’s star tourism destination, Agra, is in shambles. Covid-19 has crippled the economy of eleven five star hotels and around 500...
Fed says US economy contracts sharply due to COVID-19 pandemic
Washington, April 16 (IANS) Economic activity “contracted sharply and abruptly” across all regions in the US as a result of the COVID-19 pandemic, the Federal...
IMF projects India to be fastest growing major economy
United April 14 (IANS) The International Monetary Fund (IMF) projects India to be the fastest growing major economy this year in a world plunged into...
‘Partial reopening of US economy could begin in May’
Washington, April 13 (IANS) A partial reopening of the US economy could begin in May, Anthony Fauci, director of the country’s National Institute of Allergy...
All-out efforts needed to protect Indian economy: RBI Guv
Mumbai, April 13 (IANS) Reserve Bank of India (RBI) Governor Shaktikanta Das is of the view that all-out effort is required to protect the domestic...
Assocham recommends graded opening of economy
New Delhi, April 11 (IANS) Sectors like construction where sufficient labour is already at site, export-oriented units, government offices, e-commerce and agriculture are the sectors...
US economy already in recession amid COVID-19 pandemic: survey
Washington, April 11 (IANS) The US economy is already in a recession and will remain in contraction for the first half of 2020 due to...
32mn livelihoods at risk, economy to shrink 20% if lockdown on till mid-May
New Delhi, April 10 (IANS) If the India lockdown continues till mid-May along with moderate relaxation after the end of 21-day lockdown on April 14,...
Economy will be lifted by agriculture sector: Union Minister (IANS Interview)
New Delhi, April 10 (IANS) Union Minister of State for Agriculture and Farmer Welfare Kailash Chaudhary, on Friday said that the agriculture sector will lift...
Truly rare situation now, rebound can be robust: Fed Chair on US economy
Washington, April 9 (IANS) Describing the current circumstances as rare, US Federal Reserve Chairman Jerome H. Powell on Thursday said that the economic rebound of...