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Latest Articles in economic activity

German Business Morale Brightens, But Second Coronavirus Wave Threatens Outlook

The government hopes its stimulus package -- more than 130 billion euro ($152.05 billion), including a temporary VAT cut to boost domestic demand -- will help the economy return to a growth path.

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Gulf Firms To Delay Investments Due To Oil, Coronavirus Shocks - S&P

S&P Global Ratings has taken negative rating actions on 16 entities in the six-member Gulf Cooperation Council (GCC) and expects a mid-to-high single-digit economic contraction for most GCC countries this year.

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Tech’s True Triumph

Economic activity, it seemed, would be at a complete standstill in the pandemic but technology came to the rescue

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Moody's Downgrades 11 Indian Banks, 11 Nfis, 11 Infra Majors, 4 Issuers

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles

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Japan Should Map Out Way To Contain Coronavirus, Revive Economic Activity

The government usually approves the guidelines in June but the process has been delayed this year due to the pandemic.

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Indian Government Brushes Off Indian Tax Officers' Proposal For Coronavirus Tax On Super Rich

Some 50 officers of the Indian Revenue Service (IRS) recommended raising the highest tax rate to 40% for people with annual income above Rs 10 million ($131,130) or a wealth tax for those with net worth of 50 million or more in a report sent to the Central Board of Direct Taxes (CBDT) and shared on Twitter on Saturday.

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Maharashtra Allows Some Economic Activity As National Coronavirus Cases Top 15,000

Maharashtra, home to financial centre Mumbai, has the biggest share of India's caseload of 15,713 infections

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Remove Lockdown In Phased Manner, Start Economic Activity In Country: Anand Sharma

The economy of the country was already in poor condition and after the coronavirus outbreak the crisis has deepened.

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India, Pakistan Plan To Restart Some Economic Activity During Coronavirus Lockdown

The shutdown has left millions of people without work and the World Bank forecast India's economic growth could drop to 1.5% to 2.8% in the fiscal year that started on April 1, the weakest pace in three decades.

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Moderate Slowdown In Passenger Demand Growth: IATA

This was a modest slowdown from 3.9 per cent growth recorded in September, owing to softer traffic performance in domestic markets.

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India's GDP Growth Likely To Slip Below 7% In Fiscal 2018: DBS

According to the global financial services major, two recent policy measures - demonetisation in November 2016 and GST rollout in July 2017 had a short term impact on economic activity

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