Tag Archives: Covid-19 lockdown

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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Amazon, Flipkart Operations Being Disrupted Amid Lockdown: Report

Amazon, Flipkart Operations Being Disrupted Amid Lockdown: Report

Local issues such as differing state and district level regulations are hindering operations. The government had assured e-commerce companies that their operations would not be disrupted amid a nationwide lockdown to fight the coronavirus, but most are facing crippling disruptions after just three days, sources familiar with the matter said …

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