by pallanus | Jun 1, 2020 | Business News
Indian shares ended up over 2% on Monday in a broad-based rally, gaining for a fourth straight session, as optimism around imminent reopening of Asia’s third largest economy after a months-long coronavirus lockdown boosted investor sentiment. The NSE Nifty 50...
by pallanus | May 29, 2020 | Business News
The full impact of the lockdown on manufacturing and services will become more apparent in the June quarter, with Goldman Sachs predicting a 45% contraction from a year ago. People waiting to receive free food at an industrial area in Delhi, on April 23, 2020. (Photo:...
by pallanus | May 27, 2020 | Business News
SBI Research, however, predicts a sharp rebound in Gross Domestic Product (GDP) in the second quarter of the year, but only if the demand equation improves. SBI Research said that economic situation will bounce back in the second quarter only if demand increases....
by pallanus | May 26, 2020 | Business News
Singapore downgraded its 2020 gross domestic product forecast for the third time on Tuesday, the trade ministry said, as the bellwether economy braces for its deepest ever recession. The city-state lowered its GDP forecast to a contraction range of -7% to -4% from the...
by pallanus | May 19, 2020 | Business News
A risk outlook by top professionals has forecast a long-drawn downturn of the global economy and joblessness as the biggest consequences of Covid-19. More than 300 international risk professionals, who were asked by the World Economic Forum to look at the next 18...
