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CORONAVIRUS IMPACT ON CHINA
Demand for cruises appears undimmed despite hantavirus and other onboard outbreaksDespite recent hantavirus and norovirus outbreaks on cruise ships, industry experts anticipate a record number of passengers this year. Man...
Automakers stare at a long, dark tunnel, sales in March seen down by 40-80% across segmentsPerformance in March has eclipsed declines during events such as demonetisation in late 2016, implementation of the goods and services tax ...
The effect of coronavirus pandemic begins to show up in India's foreign trade numbersMuted exports could shave off India's economic growth that already faces a challenges on the domestic front due to an ongoing slowdown and ...
ArcelorMittal fears sales, profitability getting impacted in 2020 on coronavirus spreadThe Luxembourg-headquartered company is the world's largest steel producer with steel-making operations in 18 countries on four continents,...
Covid-19 impact: Opportunity to boost international supply chains, says India IncR Mukundan, managing director of Tata Chemicals, said companies should analyse their international competitors’ supply chains and see what ...
Virus may infect 30% of the population. Should you sell everything and go home?2020 is going to be a very tough year for the markets as the economic recovery has been pushed back by coronavirus outbreak, says Sridhar S...
Tourism sector comes to a standstill as quarantine fears loomWith India temporarily suspending visas to people from China and those who visited China due to coronavirus outbreak, restrictions on trave...
Maruti, Hyundai, Toyota say production schedules unaffected so far by coronavirus outbreak in ChinaThe companies, however, continue to monitor the situation closely, especially the operations of their major suppliers, in order to face any...
As China sneezes, India Inc catches cold: Companies that may take a hitMany domestic players have of late cleared the air on their dependence on China.
Coronavirus may hit global GDP by over $250 bn: Industry bodyThe coronavirus outbreak may negatively impact global growth by 30 basis points or USD 250 billion, industry body PHDCCI said on Thursday.
Indian textile and apparel industry to be affected due to coronavirus attack in China: CMAIA release issued by the association on Thursday said that the prevailing situation in China along with the uncertainty of production commen...
China cuts loan rate as it battles coronavirus impactThe outbreak is threatening to put a dent in the global economy, with China paralysed by vast quarantine measures and major firms such as i...
Coronavirus outbreak to hit global growth; to have limited impact on India: RBI GuvOnly few sectors are likely to see some disruptions but alternatives are being explored, the RBI governor said.
Moody's lowers Apac growth forecast for 2020 to 5.2% due to coronavirusThe coronavirus that emerged in China early January has killed over 1,860 people and infected more than 72,000 so far and there is no end i...
Finance Ministry to assess impact of coronavirus outbreak on trade"On the impact of coronavirus outbreak and any disruptions to Make in India or to Indian export/import, Finanace Ministry is scheduled to h...
Why India is also susceptible to coronavirus-like diseasesHuman and wildlife interactions are increasing as Indian settlements press up against remaining wild spaces.
Coronavirus outbreak drives demand for China’s online grocersIt’s an unexpected windfall for grocery delivery services that have perennially struggled with the logistics of transporting perishables li...
Coronavirus outbreak impact: Apple extends reopening of retail stores in ChinaThe tech company said it will update the reopening dates once it has been finalised.
Coronavirus to have larger impact on global economy than SARS: IHS MarkitThe virus has brought large parts of the world's second largest economy to a standstill and its impact was felt across industries. London-b...
Contingency plan needed to deal with impact of coronavirus: RBI Guv DasRBI in a statement said the outbreak of coronavirus in China and its spread across geographies will impact tourist arrivals and global trad...