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India's factory activity slumped to record low in April: PMI

Manufacturing

04 May, 2020

India's factory activity slumped to record low in April: PMI

India’s manufacturing activity contracted at its sharpest pace on record in April as a lockdown to combat the rapid spread ......

Govt extends lockdown, allows relaxations in lower-risk zones

General

01 May, 2020

Govt extends lockdown, allows relaxations in lower-risk zones

India said on Friday it would extend its nationwide coronavirus lockdown for another two weeks after May 4, but would ......

India's March infrastructure output contracts 6.5%

Infrastructure

30 April, 2020

India's March infrastructure output contracts 6.5%

India's infrastructure output contracted in March, for the first time in five months, as the national lockdown imposed late last ......

Govt pushes lending, asks banks for daily reports

Finance

23 April, 2020

Govt pushes lending, asks banks for daily reports

India’s government has redoubled efforts to push state-run banks to boost lending and it has demanded that lenders submit a ......

Locked-down Indian economy in its worst quarter since mid-1990s: Poll

Economy

23 April, 2020

Locked-down Indian economy in its worst quarter since mid-1990s: Poll

The Indian economy is likely to suffer its worst quarter since the mid-1990s, hit by the ongoing lockdown imposed to ......

Global CEOs see U-shaped recession due to coronavirus: Survey

Finance

22 April, 2020

Global CEOs see U-shaped recession due to coronavirus: Survey

Global business leaders are preparing for a drawn-out U-shaped recession due to the impact of coronavirus and many fear their ......

Factories, farming restart in rural areas even as coronavirus cases rise

General

20 April, 2020

Factories, farming restart in rural areas even as coronavirus cases rise

Some shops and businesses opened in rural India on Monday as part of a staggered exit from a weeks-long lockdown ......

Pandemic to halt Asia's growth for first time in 60 years: IMF

Economy

16 April, 2020

Pandemic to halt Asia's growth for first time in 60 years: IMF

Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus ......

Barclays slashes India's GDP forecast as govt extends lockdown

Economy

14 April, 2020

Barclays slashes India's GDP forecast as govt extends lockdown

UK’s Barclays bank has cut India’s GDP forecast to 0.8%, from an earlier estimate of 3.5% for the financial year ......

Coronavirus lockdown to shrink global economy by 3% in 2020, warns IMF

Economy

14 April, 2020

Coronavirus lockdown to shrink global economy by 3% in 2020, warns IMF

The global economy is expected to shrink by 3.0% during 2020 in a stunning coronavirus-driven collapse of activity that will ......