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Latest Articles in Economy

China Frees Up $56 Billion For Virus-Hit Economy By Slashing Small Banks' Reserve Requirements

Chinese banks issues new loans totalling nearly 7 trillion yuan ($989 billion) in the first quarter, said Zhou Liang, vice head of the China Banking and Insurance Regulatory Commission (CBIRC).

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RBI Halves Trading Hours To Curb Volatility Amid Lockdown

Bond market volumes have been around a 10th of the usual levels, while the rupee has hit multiple record lows over the last couple of weeks.

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Defence: The Invisible Enemy

India’s armed forces are lending their might in the country’s battle against the Covid-19 outbreak

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Covid-19: Down To Earth

With the threat of the corona pandemic looming large in the country , Indian carriers have been completely grounded till 14 April to curb inland travel as part of a lockdown

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Covid-19: When The World Hit Pause

Covid-19 spreads fast and wide, wreaking havoc across the globe. What lies ahead for the world and India?

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India's Growth To Slow To 4 Pc In FY20, Recover To 6.2 Pc In FY21

The report forecasts inflation of 3 per cent in FY2020 due to decreased demand and lower oil prices, and then rise to 3.8 per cent in FY21 as domestic demand improves.

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Air Passenger Demand Plunges On COVID-19 Travel Restrictions

Europe and the Middle East were the only regions to see a year-over-year traffic rise. Capacity fell 5 per cent and load factor plunged 4.2 percentage points to 75.3 per cent.

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Model Used To Show Gratitude To Those Fighting Against COVID-19 On Janata Curfew Being Followed By Other Countries: Modi

The Prime Minister further said that this will send out a message that nobody among the 130 crore Indians is alone in this fight against the deadly infection.

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No One Is Alone In Fight Against COVID-19: PM Modi Boosts Countrymen's Morale

In his address to the nation on March 24, the Prime Minister had announced a 21-day lockdown in the country to contain the spread of novel coronavirus, which has infected over 2,000 people in the country.

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On April 5, At 9 pm, Light Diya, Candle For 9 Minutes To Mark Fight Against Coronavirus: Modi

The Prime Minister said that this will send out a message that nobody among the 130 crore Indians is alone in this fight against the deadly infection.

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World Bank Extends USD 1 Billion Emergency Funding To India Amidst COVID-19 Battle

The World Bank Group is taking broad, fast action to reduce the spread of COVID-19 and we already have health response operations moving forward in over 65 countries.

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Global Economy Could Shrink By Almost 1% In 2020 Due To COVID-19 Pandemic: UN

The analysis by the UN Department of Economic and Social Affairs (DESA) said the COVID-19 pandemic is disrupting global supply chains and international trade.

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Countrymen Showed Unprecedented Discipline And Sense Of Service During Lockdown: PM Modi

He expressed gratitude towards countrymen for participating in 'Janata curfew' on March 22 and said it has become "an example for all countries" today as they are following it.

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Airbnb Lowers Internal Valuation To $26 Billion As Coronavirus Hits Bookings

Airbnb was valued at $31 billion in its most recent private fund-raising round, the source said.With the coronavirus spreading across the globe.

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PM Modi To Share Video Message With Nation Today At 9 am

He also thanked the states for supporting the decision of lockdown due to which India has achieved some success in limiting the spread of COVID-19.

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