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3 reasons why the Omicron variant will hurt the economy less than past waves, according to JPMorgan

Omicron brought new risks to the world economy, but its rapid spread and reduced severity mean it p…

Ben Winck   


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Economy activity in India has picked up and the worst is over says the Department of Economic Affairs

The report for July released on Tuesday, cited the Index of Industrial Production (IIP), Purchas…

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No one is coming to save the global economy this time

During the financial crisis big developing countries kept global growth alive. Those countries won'…

Linette Lopez   


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RBI is using lessons from 2008 financial crisis to handle the Covid-19 lockdown effect on the economy

The global financial crisis of 2008 was the biggest economic crash of the 21st century — that is …

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A few days before lockdown ends, PM Modi is worried about the economy along with Covid-19

With only five days to go until the lockdown in India ends, Prime Minister Narendra Modi asked stat…

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IMF projects 11.5% growth rate for India in 2021, only major economy to record double digit growth

In its latest update, the IMF projected a 11.5 per cent growth rate for India in 2021. This ma…

PTI   


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Twitter slapped a warning label on Trump's tweet claiming he's immune from coronavirus and no longer contagious

Twitter flagged Trump's tweet for violating its rules about "spreading misleading and potentially h…

Yelena Dzhanova   


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India's economy inflation and growth to take a hit in the coming year, says RBI governor

Reserve Bank of India (RBI) governor Shaktikanta Das announced a slew of measures to help the India…

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Nobel Peace Laureate Muhammad Yunus says building the rural economy is the key to halt migration

Microfinance institutions should create programmes like venture capital to create entrepreneurs …

PTI   


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IMF pegs India's economic growth to dip by 10.3% this year — will recover from coronavirus crisis with right policies

The International Monetary Fund in its annual World Economic Outlook significantly downgrades India…

PTI   


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Raghuram Rajan says save people before saving the economy

“We need to spend money on medical supplies, ventilators, and masks — on getting protective equi…

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Coronavirus has brought the rapidly growing synthetic diamond market to a halt because of a supply-chain disruption

90% of mined diamonds and 99% of lab-grown diamonds are cut and processed in India, which had one o…

Shalini Nagarajan   


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India likely to witness the slowest economic growth in 40 years due to coronavirus, predicts World Bank

“The green shoots of a rebound that were observable at the end of 2019 have been overtaken by …

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A majority of Indians believe economic recovery can take one year

Out of 94% respondents who are aware about the COVID-19 disease, 75% are extremely concerned a…

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Barclays, Morgan Stanley, JLL and others hiring senior executives during the coronavirus lockdown

Every week, Business Insider collates interesting vacancies across marquee organisations. A fe…

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GDP growth in 2020-21 likely to be negative, says FICCI survey

The pandemic outbreak has severely impacted the economic activities as the country had to go thr…

PTI   


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India's service activity crashes to historic lows as the country extends lockdown to fight coronavirus

India's service activity recorded an "extreme decline" in April after lockdown restrictions were im…

Shalini Nagarajan   


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No minimum balance, use any ATM⁠— all the changes for bank customers in India amidst Coronavirus-related lockdown

Indian Finance Minister Sitharaman announced a series of measures to deal with the economic crash a…

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Global stocks wobble as concerns of rising COVID-19 virus cases overshadow robust earnings

The global rate of increase stands at the highest level since the start of the pandemic as recorded…

Shalini Nagarajan   


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Shalini Nagarajan