The coronavirus crisis has crippled the economy and there’s little choice for the government but to provide a bigger stimulus to revive demand. Many have
Tag: economy
Bank of England: UK economy could shrink 30% in first half of 2020
LONDON: The Bank of England has warned that the British economy could shrink by 30% in the first half of the year as a result
How printing money can save the economy of a nation
Major global economies are responding to the Covid-induced recession by adopting unorthodox stimulus measures, including printing money. The US, the European Central Bank, Japan, and
Core sector output shrinks 6.5% in March as Covid-19 takes its toll on the economy
NEW DELHI: India’s core sector output contracted 6.5% in March, marking the worst performance by the key infrastructure areas going back to 2005, as the
Infra development critical for growth, achieving $5 trillion economy by FY25: FinMin report
New Delhi: Describing infrastructure development as an enabler for growth, a finance ministry-constituted task force has observed that creating new and upgrading existing infra projects
US GDP report to show a damaged economy sliding into a deep recession
WASHINGTON: The US economy began 2020 riding the crest of a record-long expansion with every expectation that its 11th year of growth would not be
Need to give importance to economy, battle Covid-19: PM Modi to CMs
NEW DELHI: As India enters final week of the lockdown, Prime Minister Narendra Modi on Monday conveyed to chief ministers that the country will have
View: It’s now time to save livelihoods and restart the economy
By Kiran Mazumdar-Shaw and Devi Shetty Current data seems to indicate that India is entering a safe zone as far as the Covid-19 pandemic is
Lockdown puts rural economy under stress
The prolonged lockdown along with rain and hailstorm in many regions has heightened rural distress, pushing anxious villagers to moneylenders — a situation which farm
Defence forces of India: Rajnath asks top military commanders to assist in the revival of the economy, post lockdown
NEW DELHI: Defence Minister Rajnath Singh on Friday asked the top commanders of the army, air force and navy to assist in the revival of
