The June deficit was driven higher by spending on various government relief programmes such as an extra USD 600 per week in expanded unempl...

There’s a bit of controversy about the true unemployment level -- counting workers who are still getting paid but not actually showing up f...

The Covid recession is the first since 1870 to be triggered solely by a pandemic, World Bank president said.

The UK's Indian-origin finance minister, who is at the forefront of the economic response to the coronavirus pandemic and has spearheaded a...

Massive government borrowings to fund these stimulus packages are not free gifts. Who will repay this enormous debt, and how long will it t...

Rising unemployment will intensify pressure on governments and central banks to speed up reforms.

The world is set for what could be the deepest recession since World War II.

The pandemic is putting increasing strains on emerging market economies, but the International Monetary Fund has sufficient resources to me...

Founder of Indiaspora, a platform to unite Indian-Americans and to transform their success into meaningful impact in India and on the globa...

Industry also said the coronavirus pandemic has made the global economic recovery extremely difficult in the near-to-medium term, and India...

Brent crude was up $2.10, or 8 per cent, at $26.98 a barrel by 0028 GMT after tumbling 13 per cent on Wednesday in a third day of relentles...

The global economies are going to really struggle this year, says the Director of Real-Time Economics at Moody's Analytics. He says the key...

The agency had earlier projected a growth rate of 5.7 per cent during the 2020 calendar. Asia-Pacific economic growth in 2020 will be more ...

The coronavirus does not care a hang about the interest rate or fiscal deficit.

Until last week, Wall Street was unusually blase about the coronavirus too, and had reacted with far less alarm than it did during the eigh...

This is both a demand and supply shock, given the strain it puts on global supply chains and on consumers and travelers.

Global equities were on track for their worst weekly loss since 2008.