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2 mins read

Coronavirus: Mall shut downs may severely affect India's retail sector

The coronavirus outbreak has caused panic among the common people and resulted in precautionary mea…

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1 min read

Coronavirus: Hit on domestic cement demand likely to be transient

"We see the Indian cement sector better-placed than most in the current situation with drivers lin…

PTI   


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10 mins read

In 2020, Lebanon was spiraling. 6 months after the Beirut blast, half of the country lives below the poverty line and the health sector is crumbling.

"We're still in a state of shock. We still have nightmares. Our father was the main pillar of our h…

Azmi Haroun,Kareem Chehayeb   


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MP govt forms panel for revival of coronavirus-hit economy

Pithampur Industrial Organisation president GautamKothari said out of about 850 small-scale units i…

PTI   


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India's manufacturing sector activity hits record low in April amid lockdown: PMI

Export orders also witnessed a sharp decline. Following the first reduction since October 2017 dur…

PTI   


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4 mins read

Hope in coronavirus times: Help pours in for those hit by lockdown

"With the nationwide lockdown daily wage labourers are without a livelihood. Many of these families…

PTI   


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COVID-19 pandemic to hit 220 million young people in Asia-Pacific region

The ongoing Covid-19 pandemic will hit nearly 220 million young workers aged between 15-24 in hte A…

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1 min read

Goa economy hit by coronavirus scare, mining halt: GMPF

"The recent outburst of Covid-19 cases worldwide has further aggravated the dire economic condition…

PTI   


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Hospitality, auto and realty sectors will take 1-2 years to recover says FICCI

As the coronavirus crisis and subvsequent nationwide lockdown severely impact the Indian economy, a…

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Lockdown pulls India's service sector activity to standstill in Apr; PMI hits record low

"It is clear that the economic damage of the COVID-19 pandemic has so far been deep and far-reachi…

PTI   


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1 min read

Noida's total coronavirus cases hit 591 with 21 new cases detected in the past 24 hours

"The man was a resident of Noida Sector 53. He was suffering from diabetes mellitus. The cause…

PTI   


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Coronavirus will hit IBC realisations by 30-40% as government suspends new proceedings

The outbreak of Covid-19 pandemic and the suspension of new proceedings under the Insolvency and Ba…

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1 min read

Coronavirus-hit tourism industry seeks relief measures from Centre

"A complete GST holiday for tourism, travel and hospitality industry for the next 12 months till t…

PTI   


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8 mins read

Private jet companies scored a pile of federal aid meant for airlines and small businesses, boosting the industry as other sectors collapsed

Private jet companies received $666 million in CARES Act funds, carrying the industry through the s…

David Slotnick   


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US bankruptcies are on track to hit a 10-year high as the coronavirus pandemic continues to slam businesses

This year, 424 companies have gone bankrupt through August 9, surpassing the number of filings duri…

Carmen Reinicke   


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1 min read

UK government unveils £4.6 billion in new lockdown stimulus for businesses hard-hit by COVID-19

Government announces almost £5 billion in help for retail, hospitality and leisure firms, after new…

Amanda Cooper   


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3 mins read

Leaked documents from Knotel show the WeWork competitor struggled to hit financial targets well before the coronavirus hit

"Given the unprecedented times we are witnessing due to the effects of Covid-19, the Knotel team is…

Daniel Geiger,Meghan Morris   


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7 mins read

The downgrade of SBI, Bank of Baroda, and ICICI Bank is proof that the 'biggest nightmare' for India's financial sector is becoming real

Indian banks had barely cleaned up the massive pile of unpaid loans from the country’s corporates, …

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2 mins read

Bitcoin hits all-time high of $19,857, extends year-to-date return to 177%

"The Bitcoin correction didn't last long, with the cryptocurrency having sights set on new highs on…

Shalini Nagarajan   


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3 mins read

Gadkari, Goyal hail RBI measures to prop up coronavirus-hit economy

In a video message, Das said in order to encourage banks to deploy the surplus funds in investments…

PTI