Coronavirus Impact On Economy

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

A Parliamentary panel has said that due to some "lag impact" of the Coronavirus pandemic, there could be a rise in bad loans

China's southern tech powerhouse Shenzhen has partially eased lockdown measures, after President Xi Jinping stressed the need to "minimise the impact" of the coronavirus pandemic on the nation's economy.

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

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.

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.

Domestic air passenger traffic remained 44 per cent lower in April-December 2021 to 111 lakh against the corresponding period of 2019-20

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

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

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

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

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

Finance Minister Nirmala Sitharaman will meet heads of banks next week to remove friction in credit flow to productive sectors

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

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

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

A Parliamentary panel has said that due to some "lag impact" of the Coronavirus pandemic, there could be a rise in bad loans

China's southern tech powerhouse Shenzhen has partially eased lockdown measures, after President Xi Jinping stressed the need to "minimise the impact" of the coronavirus pandemic on the nation's economy.

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

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.

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.

Domestic air passenger traffic remained 44 per cent lower in April-December 2021 to 111 lakh against the corresponding period of 2019-20

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

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

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

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

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

Finance Minister Nirmala Sitharaman will meet heads of banks next week to remove friction in credit flow to productive sectors

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

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