by pallanus | Jun 2, 2020 | Business News
India’s economic struggle started long before the coronavirus crisis, contrary to the common perception that the virus was the reason behind recent growth hurdles faced by Asia’s third-largest economy. One of the three major international ratings agencies, Moody’s...
by pallanus | May 29, 2020 | Business News
The government on Friday announced GDP growth figures for the fourth and final quarter of 2019-20 ending March. At 3.1 per cent, the GDP growth has exceeded the range of what experts had predicted: 0.5 per cent to 2 per cent. But it is over 1.5 percentage points lower...
by pallanus | May 29, 2020 | Business News
In March this year, the production of the eight core sectors had contracted by 9 per cent. An employee provides sanitiser to colleague at coal mine in Dhanbad on April 25 (Photo Credits: PTI) The output of eight core infrastructure industries shrank by a record 38.1...
by pallanus | May 28, 2020 | Business News
More than two months have passed since the nationwide lockdown to fight novel coronavirus was announced by the government. The largest shutdown in the world may have helped save several thousand lives, but it has put India’s poorer population face-to-face with an...
by pallanus | May 28, 2020 | Business News
Job cuts by U.S. state and local governments whose budgets have been crushed fighting the Covid-19 pandemic and more second-wave layoffs in the private sector likely contributed last week to a 10th straight week of more than 2 million Americans seeking unemployment...
