Coronavirus Economic Impact

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  IMF's Gita Gopinath Says Advanced Economies To Recover By 2024

  Economies worldwide have been adversely impacted by the coronavirus pandemic and are slowly coming back into the recovery path

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  "Vigilant" Shanghai Lets Some Residents Leave Home First Time In 15 Days

  Some residents of Shanghai stepped out of their homes for the first time in more than two weeks on Tuesday, as the city took tentative steps towards easing a COVID-19 lockdown amid mounting worries over the economic impact of the strict curbs.

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  Xi Hints At Tweak To China Covid Strategy Amid Worst Outbreak Since Wuhan

  Chinese President Xi Jinping has pledged to reduce the economic impact of his Covid-fighting measures, signaling a shift in a longstanding strategy that has minimized fatalities but weighed heavily on the world's second-largest economy.

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  Economy Contracted By 6.6% In 2020-21: NSO

  Economy had contracted by 6.6 per cent in 2020-21 due to the outbreak of the Coronavirus pandemic and the subsequent national lockdown, NSO has said

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  International Monetary Fund Cuts India's Economy Growth Forecast To 9% For Current Fiscal

  The International Monetary Fund (IMF) has cut India's economic growth forecast to nine per cent for the current fiscal year ending March 31, joining a host of agencies that have downgraded their projections on concerns over the impact of a spread of a new variant of coronavirus on business activity and mobility.

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  Will Omicron Have Mild Or Severe Effect On World Economy?

  After limping its way back from the Covid pandemic last year, the global economic recovery has been rattled by the Omicron variant's rapid rise.

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  Economic Growth Won't Be Impacted Much By Omicron: DPIIT Secretary

  The Omicron wave of coronavirus is unlikely to have much impact on economic growth, not more than of 5-10 basis points, a government official said

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  Omicron To Impact 2021-22 Growth By 0.1%: Report

  Omicron variant of Coronavirus will hit GDP for March quarter of 2021-22 by 0.40 per cent and cut 0.10 per cent from the overall growth of the fiscal

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  NBFCs To See Growth Revival In 2022, Say Experts

  Despite the raging Coronavirus pandemic, NBFCs showed a lot of resilience in 2021 and are expected to witness continued momentum in growth in 2022 too

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  Before Omicron, India's Economy Grew Steadily, Show 8 Indicators

  India's economy was growing at a steady pace in November, a month that saw the omicron variant of coronavirus induce fresh concerns on recovery risks

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  First Omicron Case In US Fuels Global Alarm Over Coronavirus Variant

  Fears over the impact of the Omicron variant of the coronavirus rose on Thursday after the first case was reported in the United States and the Japanese central bank warned of economic pain as countries respond with tighter containment measures.

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  S&P Keeps Growth Forecast Unchanged At 9.5% For 2021-22

  S&P Global Ratings has kept economic growth forecast for India unchanged at 9.5 per cent for the current financial year

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  Government Will Intervene If Needed To Boost Growth, Says Economic Adviser

  If the need arises, the government will infuse funds to insulate the economy from Coronavirus impact, principal economic adviser Sanjeev Sanyal said

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  Revival In Consumption, Spending Patterns Among Indian Consumers: Report

  Revival in consumption patterns as people are moving back to office are the key trends which can be witnessed amid signs of recovery, says Deloitte.

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  Manufacturing Activity Sluggish in August 2021, Hiring Paused: Report

  IHS Markit's Survey: Manufacturing activity's growth in India was sluggish in August 2021 due to the Coronavirus pandemic and increasing input costs.