A critical snapshot of the job market and the economy to be released Friday is expected to show a further deceleration in hiring as the nation’s viral caseload creeps higher and as government financial aid has faded.
The government's Chief Economic Adviser K.V. Subramanian on Sunday said that India's banking system is proportionately smaller than the size of the economy and it needs to grow for the country to become a $5 trillion economy.
North Korea will hold a rare ruling party congress in January where leader Kim Jong Un will announce a new five-year plan to develop the country’s dismal economy ravaged by U.S.-led sanctions and the coronavirus pandemic, state media said Thursday.
Japan’s economy shrank at annual rate of 27.8% in April-June, the worst contraction on record, as the coronavirus pandemic slammed consumption and trade, according to government data released Monday.
Infosys co-founder NR Narayan Murthy has made three big suggestions as a way forward for the economy hit by coronavirus pandemic. Murthy says GDP numbers are really worrisome and has come up with a three-point formula.
Indian professionals are increasingly becoming optimistic as businesses slowly reopened last month and resulted in better hiring prospects across varied industries such as e-commerce, IT services, insurance and gaming, a survey said on Tuesday.
Prime Minister Narendra Modi has been keeping a close eye on all major issues concerning the nation. Back-to-back meetings are being held.
Finance Minister Nirmala Sitharaman on Tuesday promised more policy interventions to revive the economy, and emphasised that green shoots are visible and the agriculture sector is driving growth.
Chief Economists at the World Economic Forum on Thursday talked about the global economic outlook in the time of coronavirus pandemic. The COVID-19 pandemic is predicted to result in the largest contraction in global per capita income since 1870.
China became the first major economy to grow since the start of the coronavirus pandemic, recording an unexpectedly strong 3.2% expansion in the latest quarter after anti-virus lockdowns were lifted and factories and stores reopened.
Scientists have recommended three strategies, including a cycle of lockdown and relaxation, for the safe reopening of economies in low and middle-income countries after months of strict social distancing in response to the COVID-19 pandemic.
In a landmark development, China has lost a dispute to the European Union at the World Trade Organization (WTO) for a market economy status, as the former allowed the dispute to lapse.
Prime Minister Narendra Modi launched the auction of 41 coal mines for commercial mining on June 18 via video conference in New Delhi. "India will turn this COVID-19 crisis into an opportunity. It has taught India to be self-reliant.
After a contraction in the current financial year, India's economy is forecast to bounce back with a sharp growth rate of 9.5 per cent next year provided it avoids further deterioration in financial sector health, Fitch Ratings said on Wednesday.
France's economy is on course to shrink over 10 per cent in 2020 due to the coronavirus pandemic, the central bank said on Tuesday.
Phased unlocking began on June 1 to bring back economic growth and certain relaxations were announced amid COVID-19 outbreak, however, opening of gyms remains prohibited.
PM Modi in Mann Ki Baat on Sunday said the coronavirus crisis will be taken as an opportunity in the country. Addressing the nation through his monthly radio programme, PM Modi said that the government will work towards making villages self-reliant by creating more jobs for the migrants, focus on Make in India products.
On the completion of one year of Modi government 2.0, Home Minister Amit Shah congratulated the people of India and Prime Minister Narendra Modi saying it has been full of historic achievements.
Union Finance Minister said on Friday that it was hard as of now to gauge the extent of the economic damage of the coronavirus pandemic to the Indian economy
Crushing the coronavirus uncertainty will be the big 'unlock' for economies around the world and to safeguard lives and livelihoods, restoring confidence is a must, according to a report by McKinsey & Co.
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