Page 11 - Economy

Africa faces complete job sector wipeout as coronavirus hits economies hard

More than half of Africa's 54 countries have imposed lockdowns, curfews, travel bans or other measures in a bid to prevent local transmission of the virus

Highlights: FM announces economic package to deal with Covid-19 impact

Government is planning to provide a relief package of Rs 1.7 trillion to the underprivileged, poor and migrant workers

Covid-19 relief: Aadhaar-PAN linking deadline extended to Jun 30, says FM

Last date for filing March, April and May 2020 GST returns extended to June 30, 2020

Covid-19 an economic tsunami; biz failures, bankruptcies coming: Moody's

Moody's believes Asia to be past the worst of the virus, and while there is still considerable economic fallout to come, the region's economy should be able to eke out a small gain in GDP in 2020

Coronavirus: Kerala govt declares Rs 20,000-cr package to revive economy

Social welfare pensions, due in April, will be distributed in March. Food grains will be provided to families from across segments

How coronavirus outbreak is reshaping Italy's economy as recession looms

The country has already shed 4% of GDP in back-to-back recessions in the first two decades of the century, and recovery has been stalled for the last two years

Risks to revival

The spread of coronavirus adds to significant uncertainty

Weak economy is host to coronavirus attack

Set against the virus scare and a global market crash, the latest economic numbers presents a scary scenario, especially since the December quarter in a given year is one of the strongest.

Australia govt says climate change targets can't risk economy, jobs

Australia may continue to be an exporter of thermal coal in 2050, according to Anthony Albanese, leader of the main opposition Labour Party, that's targeting net zero emissions by that date.

Time to revisit rate playbook in Israel with price declines near

After voting narrowly in favor of a hold in October, the balance on the monetary committee has shifted in favor of buying foreign currency as a way to loosen policy.

A survival manual for small businesses

In the 1990s, low-priced Chinese brushes entered the US market. Initially, they were of poor quality, so American manufacturers were not worried.

Did Nirmala Sitharaman's second Budget just deprioritise the economy?

At a time like this, it becomes obligatory on the PM to bring a sense of purpose and stability to the whole polity of which the economy is the largest part

An African monetary union worth watching

Member-countries will need to work much harder to come anywhere close to the integration they are visualising with the common currency project. It is an important milestone in world monetary history

Tricky predictions: How users, producers may adapt to shared consumption

In collaborative systems, the role of the users may switch between ''consumers'' and ''producers''

When masses take over policy

The way our govt manages our economy - inflation, jobs, growth, interest rates - directly and indirectly affects us

Govt needs to forget fiscal prudence to revive demand: Shriram Transport MD

'the government should be little on the expansionary mode for two years', said Umesh Revankar, MD and CEO, Shriram Transport Finance

FM hints at I-T rate cuts, more stimulus measures to boost slowing economy

Says govt is taking steps towards a harassment-free taxation regime

Kashmir economy has lost Rs 15,000 cr since August, claims trade body

The Centre had repealed provisions of the article that gave special status to the erstwhile state of Jammu and Kashmir, and bifurcated it into union territories of Ladakh, and Jammu and Kashmir

Is Sri Lanka the next Argentina?

Sri Lanka suffers from cleavages along many different lines, notably ideology, ethnicity, language, and religion

Debt trap, ethnic divide await Sri Lanka's new president Gotabaya Rajapaksa

The largest portion of the country's foreign debt is international sovereign bonds - 39 per cent of the total foreign debt as of 2017