According to a post by BRS on 'X', KTR warned that the shortage is severely affecting hotels, eateries, hostels and small food businesses. The letter cautioned that thousands of establishments could be forced to shut down, while lakhs of workers and students may face serious hardship if t
Authorities across the UAE have announced precautionary measures, including temporary closures of major attractions, remote working guidance, and operational adjustments in key business districts, following the escalation in WestAsia region. Officials urged residents, workers, and tourists t
New Delhi [India], June 3 (ANI): Indian service providers struggled in May with the intensification of Covid-19 crisis causing renewed declines in new business and output, according to the latest IHS Markit Services Purchasing Managers' Index (PMI) released on Thursday.
New Delhi [India], January 4 (ANI): The health of Indian manufacturing sector continued to strengthen in December with manufacturers stepping up production and input buying amid efforts to rebuild their inventories following business closures earlier in the year, according to the latest IHS
New Delhi [India], May 4 (ANI): There was an unprecedented contraction in Indian manufacturing output during April amid the national lockdown restrictions to help stem the spread of the coronavirus disease 2019 (COVID-19) which in turn led to widespread business closures.
New York [USA], Mar 23 (ANI): The rapid spread of the coronavirus in the last two weeks, widespread business closures and unprecedented restrictions on social interactions will result in a permanent hit to global economic activity this year, according to Moody's Investors Service.