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VIRUS ECONOMIC IMPACT
China anti-virus curbs spur fears of global economic impactThe ruling Communist Party promised on Nov. 11 to reduce disruptions from its "zero- COVID" strategy by making controls more flexible. But ...- Core sector output growth at 56% in April on low-base effect, sequential decline at 15% due to second waveThe April figures have been high largely due to the base effect but may have been tempered by the impact of local lockdowns on economic act...
- Govt's failures have made another national lockdown inevitable: Rahul Gandhi to PMGandhi said it is critical that our people are prepared for such an eventuality of a lockdown. He has been demanding that the government pr...
- Why Indian market may not gasp for O2 because of Covid Wave 2What can fuel a quick rebound hope for the market is the fact that the current crisis is India-specific and not global, and that the econom...
- India's economy to contract by 5.9 percent in 2020 with 'permanent income loss'The report also said that even if economic activity continues to bounce back and advanced country governments continue with the current mix...
- As coronavirus raises its ugly head, countries reintroduce slew of measure to fight backWith worldwide cases crossing 21 million mark, countries all over are increasing their measures against the rising infections. With borders...
- US economy will recover, could stretch through end of next year: FedFederal Reserve Chairman Powell, during a “60 Minutes” programme on CBS News on Sunday, said that in the long run and even in the medium ru...
- View: India can not only soften the pandemic’s impact on the economy but also revive growthIndia can stage a relatively rapid recovery, not merely despite, but aided by, a floundering global economy.
- Lockdown impact: 65% companies expect 40% hit to revenue in Q1Among the many reasons for the declining trend, a majority of firms at 74.8% cited the complete shutdown of operations and just over half o...
- Gold falls on cash run, markets await US stimulusUS gold futures were up 0.3 per cent at $1,639 an ounce.
- Battling COVID-19: What the industry wantsCII has suggested a bouquet of measures to help businesses battling the 21-day shutdown
- How will India lockdown play out for economy & markets: 4 scenariosMorgan Stanley has cut India Inc’s earnings for a third time since the virus outbreak.
- Covid-19: Package to support economy in the worksThe government is working on a package to support the economy facing the brunt of the Covid-19 outbreak that would include measure to addre...
- World economy may shrink because of coronavirus: OECDIn a special report on the impact of the virus, the Organization for Economic Cooperation and Development said Monday that the world econom...
- Has India stumbled upon a chance defence against coronavirus? Nomura economist thinks it hasThe outbreak of the virus in China has hit India's manufacturing and exports sectors.
- Gold in for dream run as virus raises demand for safe havenThis has triggered safe haven buying in bonds, dollar index and gold.
- Oil slides 4% on demand concerns as coronavirus spreadsBrent crude was down $2.42, or 4.1%, at $56.08 barrel by 1316 GMT. U.S. crude futures fell by $2.11, or 4%, to $51.27.
- Coronavirus puts global recovery at risk: IMF to G20Global growth was poised for a modest rebound to 3.3 percent this year, up from 2.9 percent last year.
- Gold steady as virus fears offset robust US dataUS gold futures fell 0.2 per cent to $1,559.30.
- Oil prices had weakened even before coronavirus scare: Peter Cardillo, Spartan CapitalAfter Iran-US flare-up subsided, we saw oil prices fall and get technically weak. Oil prices are unlikely to breach 52-week lows. We will p...
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