by pallanus | Jun 25, 2020 | Business News
India’s real estate sector is going through a serious crisis due to the economic shock triggered by coronavirus crisis. Housing sales have plunged over 80 per cent in the second quarter of 2020 in comparison to the figure in the corresponding quarter last year,...
by pallanus | Jun 25, 2020 | Business News
The International Monetary Fund (IMF) on Wednesday laid out the unprecedented economic devastation caused by the novel coronavirus pandemic, as the World Health Organisation (WHO) said it expects the number of global infections to soon hit 10 million and cases surge...
by pallanus | Jun 15, 2020 | Business News
Prices in the wholesale market fell to a 4.5-year low level in May, recording a deflation of 3.21 per cent, due to a sharp decline in fuel and power items even as food articles turned expensive. The Wholesale Price Index (WPI) has hit its lowest level since November...
by pallanus | May 15, 2020 | Business News
Contracting for the second straight month, India’s exports shrank by a record 60.28 per cent in April to USD 10.36 billion, mainly on account of the coronavirus lockdown, said an official. Imports too plunged by 58.65 per cent to USD 17.12 billion in April,...
by pallanus | May 8, 2020 | Business News
Asian shares surged Friday on optimism the worst of the economic fallout from the pandemic may be over, as Wall Street logged its biggest rally in a week. Japan’s benchmark Nikkei 225 jumped 2.6 per cent to 20,179.09 in afternoon trading, helped partly by local...
