Searched for
OMICRON ECONOMY IMPACT
Ahead of the Q4 GDP numbers, here's what the economists are sayingIndia's economy likely slowed in the fourth quarter and is expected to grow between 3.5-5.5%, economists predict. The fourth quarter econom...- Living with Covid proving tough for a gridlocked world economyThe World Bank has already lowered its growth outlook and International Monetary Fund Managing Director Kristalina Georgieva on Friday pred...
- Investors search for safe havens as Omicron takes hold in AsiaAsian govts are carrying out widely diverging coronavirus policies, with strategies ranging from China’s pursuit of Covid Zero to Australia...
- 3rd Covid wave starting to bite; services sector likely to suffer most: NomuraNomura recently lowered its forecast for India’s GDP growth to 3.2 per cent year-on-year in Jan-March 2022 from 5.2 per cent earlier.
- Omicron: Mild or severe impact on economy?The travel industry has been thrown into disarray again, workers have been forced to isolate at home and governments are facing a stark cho...
- Will Omicron trip India’s $5-trillion economy plans? Nomura’s Aurodeep Nandi explains“We have downgraded our GDP growth projection for FY22. It was earlier 9.2%. We brought that down to 8.7%, particularly in the last quarter...
- Oil climbs above $80 as OPEC+ agrees output increaseBrent crude was up $1.50, or almost 2 per cent, at $80.48 a barrel by 1450 GMT and U.S. West Texas Intermediate (WTI) crude rose by $1.48, ...
- Can't impose COVID restrictions everywhere as it may impact economy: Mamata"Most omicron cases are being detected among people coming on flights from the UK. It's a fact that the omicron carriers are coming via int...
- Indices gain for 3rd day, Nifty reclaims 17,000Indian stock indices extended gains for the third straight day on Thursday, brushing aside growing worries about the spread of Omicron in E...
- Wall Street Week Ahead: 'Santa Claus' stocks rally? Investors look to Omicron for directionOverall, the S&P 500 is down only 0.1% since the Omicron variant was identified on Nov. 24. Travel and tourism stocks that would be most af...
- Great uncertainty remains about new coronavirus variants as global economy recovers: Gopinath"If allowed to spread uncontrolled, Omicron could lead to large-scale hospitalisations and further restrictions on mobility and travel, whi...
- ADB trims Asia growth forecasts as Omicron threatens economyThe Philippines-based lender forecast growth of 7.0 percent in 2021 -- compared with its previous prediction in September of 7.1 percent --...
- UK steps up efforts to combat Omicron spreadBritain is banking on vaccination as the best way to stop the rapid spread of the virus -- and keep the economy open -- with concern that h...
- No need for alarm yet over Omicron's economic impact, says Bibek DebroyGiven the vaccination levels, the impact of this new variant will not be that severe and will certainly not be on the all-India level and t...
- Impact of new strain on India to be contained, says S&PAndrew Wood, director, sovereign ratings, S&P said it was unlikely that large-scale restrictions would be imposed in the country to contain...
- Omicron shows policymakers can't let guard down: BISAsia's emerging economies should improve oversight of foreign exchange liquidity risks, too, and make currency hedging more flexible as gro...
- Delta-wary MSMEs brace for Omicron impactThe coronavirus pandemic has crippled small businesses and sucked out liquidity from the ecosystem. But the discovery of another variant sh...
- Impact of Omicron on emerging economies to depend on restrictions, policy support: Moody'sThe emergence of the new variant poses new risks to the global economic growth and inflation outlook, as concerns mount about the variant's...
- India Inc on high alert, to keep close watch on the new strainThe next two-four weeks will be crucial in terms of how the new variant impacts health, said Naresh Trehan, chairman of industry body CII's...
- Gold ticks higher as Omicron virus variant woes boost appealSpot gold rose 0.1 per cent to $1,793.72 per ounce by 0201 GMT. U.S. gold futures advanced 0.4 per cent to $1,793.2.
Load More
