Hong Kong, Feb 6 (ANI): The ongoing coronavirus outbreak has reduced economic activity in China, the world's largest oil importer, with estimates of a short-term reduction in global oil demand weakening crude prices in recent days.
New York [USA], Jan 30 (ANI): The immediate and most significant economic impact of coronavirus is in China but will reverberate worldwide, given the importance of China in global growth as well as in multinational company revenues, Moody's Investors Service said on Thursday.
Davos [Switzerland], Jan 20 (ANI): The downward revision primarily reflects negative surprises to economic activity in a few emerging market economies, notably India, which led to a reassessment of growth prospects over the next two years, said Gita Gopinath, Chief Economist, Internationa
Kuala Lumpur [Malaysia], Nov 27 (ANI): International air passenger demand continued to grow at a moderate pace in October, demonstrating resilience in the face of the ongoing easing in global economic activity, preliminary traffic figures released on Wednesday by the Association of Asia Paci
Mumbai (Maharashtra) [India], Oct 4 (ANI): The Reserve Bank of India (RBI) on Friday cut repo rate for the fifth consecutive time this calendar year to 5.15 per cent from the current 5.4 per cent in a bid to support government measures for boosting economic activity amid benign inflation.
Mumbai (Maharashtra) [India], Oct 4 (ANI): The Reserve Bank of India (RBI) on Friday cut repo rate for the fifth consecutive time this calendar year to 5.15 per cent from the current 5.4 per cent in a bid to support government measures for boosting economic activity amid benign inflation.
Mumbai (Maharashtra) [India], Oct 4 (ANI): Equity benchmark indices traded with healthy gains during early hours amid hopes of key interest rate cuts by the Reserve Bank of India (RBI) later on Friday.
New Delhi [India], Sept 18 (ANI): The domestic steel consumption growth is expected to decelerate to about 5 to 6 per cent in the current financial year as compared to 7.9 per cent in FY19 on the back of an unprecedented slowdown in economic activity as reflected by the GDP growth tapering d
Mumbai (Maharashtra) [India], Sept 17 (ANI): The recent set of measures to stimulate growth announced last week will yield only limited short-term benefits, India Ratings and Research (Ind-Ra) said on Tuesday.
New Delhi [India], Apr 5 (ANI): The Income tax department on Thursday claimed certain news items in a section of media regarding spike in the income tax "stop filers" could be due to loss of jobs or income drop due to fall in economic activity under the impact of demonetisation as "totall
Bangkok [Thailand], Mar 28 (ANI): Economic growth in Thailand is gaining momentum every year, bringing along with it a plethora of choices in payment methods.
Chandigarh (Punjab) [India], Dec 3 (ANI): In a bid to further boost industrial and economic activity in the state, the Punjab Cabinet on Monday approved the setting up of a new international civil terminal at the Indian Air Force (IAF) station, Halwara, Ludhiana.