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CORONAVIRUS INTERNATIONAL IMPACT
Indian aviation market offers long-term opportunities: Star Alliance CEOIndia's aviation market presents significant long-term opportunities. Air India is poised to benefit from this growth. Demand for premium l...- 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...
- Indian economic growth not be impacted much by Omicron: DPIIT Secretary Anurag Jain"India is much better prepared to cope with new wave of coronavirus," Anurag Jain, secretary at the department for promotion of industry an...
- Civil Aviation Ministry to charge passengers higher aviation security fee from September 1Making the air travel slightly costlier, the officials said the ASF for domestic flyers will be increased to Rs 160 from Rs 150 starting ne...
- COVID-19 crisis likely to hit 29 lakh jobs in Indian aviation, dependent sectors: IATAThe International Air Transport Association (IATA) said its latest estimates indicate a worsening of the country impact from the COVID-19 c...
- UNGA adopts resolution calling for global solidarity, cooperation to fight COVID-19The resolution titled 'Global solidarity to fight the coronavirus disease 2019 (COVID-19)' was the first such document on the global pandem...
- IMF, World Bank call for suspension of debt payments by poorest nations to battle Covid-19The International Monetary Fund and World Bank on Wednesday called for governments to put a hold on debt payments from the world's poorest ...
- A concrete problem: Olympic delay spells limbo on Athletes' VillageThe decision to postpone the Games by up to a year has pitched buyers into uncertainty, according to Zoe Ward, director of Tokyo Property C...
- Pakistan suspends international flights for two weeks to contain COVID-19"The Government of Pakistan has decided to suspend operation of all international passenger, chartered and private flights to Pakistan, eff...
- Containing coronavirus spread comes with economic tradeoffs, says IMF blogSuccess in containing the virus comes at the price of slowing economic activity, the IMF said in a blog.
- About 25 million jobs could be lost worldwide due to coronavirus: United NationsIn its preliminary assessment report titled "COVID-19 and world of work: Impacts and responses", the International Labour Organization (ILO...
- Coronavirus outbreak could destroy up to 25 million jobs: ILO"However, if we see an internationally coordinated policy response, as happened in the global financial crisis of 2008/9, then the impact o...
- ‘Black swan’ effect? India Inc hopes impact is minimalIf the virus threat is prolonged, it could impact consumer sentiment and growth across industries.
- India's limited integration with global value chain insulates it from coronavirus impact: RBI GuvOver 3,000 people have been killed globally because of the epidemic. The comments from RBI Guv come days after the RBI assuaged markets tha...
- Coronavirus could cost airlines USD 113 bn revenue in 2020: IATABecause of the spread of the virus in more than 80 countries, forward bookings have been impacted.
- Amid coronavirus outbreak, Air India disinvestment might be 'quite difficult at this moment': IATAThe outbreak, which has infected over 95,000 people and resulted in more than 3,200 deaths worlwide, is taking a toll on the global airline...
- Coronavirus: Finance Minister says government ready for meaningful intervention if requiredA total of 28 COVID-19 cases have been detected in India so far. Among them, one person is from Delhi, six of his relatives in Agra, 16 Ita...
- Oil prices steady as output cut expectations offset coronavirus concernBrent crude was at $57.23 a barrel, down 9 cents, by 1525 GMT after rising 5.2% last week, its biggest weekly gain since September 2019.
- Coronavirus outbreak: China working hard to ensure safety of Indians in country, says ambassadorIn an interview to , Chinese Ambassador Sun Weidong said China's foreign ministry and local governments are working hard to ensure the safe...
- China virus scare: Indian chemical stocks likely to gainSeveral stocks in the chemical space are gaining from the crisis in China.
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