Tag Archives: COVID-19 impact on services

Coronavirus Impact On Indian Economy Trucks Come To A Standstill Amid Covid 19 Lockdown

World

Daily movement of trucks has reportedly collapsed to less than 10% of normal levels The world’s biggest lockdown has brought transportation of goods in India to a near halt, even though the government has exempted the sector from restrictions to halt the spread of coronavirus. Daily movement of trucks has collapsed …

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Services Activity Contracts In March Amid Coronavirus Disruptions

India

Economists say an extended lockdown could drag the economy to either no growth or a contraction Bengaluru: India’s dominant services sector, the lifeblood for economic growth and jobs, contracted in March as new business and export demand fell sharply as the coronavirus pandemic wreaked havoc globally, a private survey showed. …

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