Tag Archives: Economy

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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Coronavirus Impact On Economy Update RBI Loan Moratorium Measures Job Loss Pay Cuts

Economy Likely Grew At 4.7% In December Quarter: Poll

Several banks have initiated steps to effect the RBI-suggested moratorium on loans Seeking to ease hardships faced by people during the ongoing lockdown, several banks on Tuesday initiated steps to effect the RBI-suggested moratorium on loans taken by their customers and e-retailers began deliveries, but job losses and pay cuts …

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Coronavirus (COVID-19) Crisis Centre, RBI Try To Cushion An Economy In Slump Even Before COVID-19

Government, RBI Try To Cushion An Economy In Slump Even Before COVID-19

The RBI has stopped the clock on loan repayments amid an unprecedented three-week lockdown The government and the Reserve Bank of India are trying to cushion an economy that was slowing even before the coronavirus outbreak. Here’s a guide to the measures announced so far: For Banks: CHEAPER CASH: A …

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Coronavirus To Hit Indian Economy Hard, Amid Slowdown: Reuters Poll

Coronavirus To Hit Indian Economy Hard, Amid Slowdown: Reuters Poll

The informal sector will be hardest hit as economic activity comes to a standstill. Bengaluru: India’s already-slowing economy weakened to at least an eight-year low this quarter and will slow even more sharply in the next six months due to the global coronavirus pandemic, a Reuters poll found. With the …

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Coronavirus Devastation Has Already Pushed Global Economy Into Recession: Poll

Coronavirus Devastation Has Already Pushed Global Economy Into Recession: Poll

Economists have repeatedly cut their growth outlook over the past month Bengaluru: The global economy is already in a recession as the hit to economic activity from the coronavirus pandemic has become more widespread, according to economists polled by Reuters amid a raft of central bank stimulus actions this week. …

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To save the economy we must reduce video bandwidth – now

To save the economy we must reduce video bandwidth - now

Internet capacity is robust, but the massive increase in global consumption is pushing usage beyond its usual spike, EU regulators have warned. It is probable streaming media consumption, gaming and video collaboration are responsible for most of this additional demand. To maintain our connected culture during the current crisis, individuals, …

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5 things to know before the stock market opens March 13. 2020

5 things to know before the stock market opens March 13. 2020

1. Dow to bounce after worst day since ‘Black Monday’ Traders work on the floor of the New York Stock Exchange,  March 12, 2020. Brendan McDermid | Reuters Dow futures, reversing overnight losses, were pointing to about a 1,00-point advance at Friday’s open after Wall Street suffered its worst session since the …

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US producer price index February 2020

US producer price index February 2020

Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, August 22, 2019. Harrison McClary | Reuters U.S. producer prices fell by the most in five years in February, pulled down by declines in the costs of goods …

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