Search For "financial crisis"
Cab drivers face financial crisis amid lockdown, seek govt help
Updated : 5 years, 11 months ago IST
Hyderabad (Telangana) [India], April 18 (ANI): Cab and auto-rickshaw drivers in Telangana, who are forced to give up their source of income and sit idle at home amid the coronavirus lockdown, have asked the central and state governments for financial assistance.
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Asia Pacific to clock lowest growth since 1960s due to COVID-19 pandemic:
Updated : 5 years, 11 months ago IST
Washington DC [USA], April 16 (ANI): Economic growth in the Asia Pacific this year will come to a halt for the first time in 60 years as coronavirus crisis takes an unprecedented toll on the region, the International Monetary Fund has said.
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IMF pegs India's growth at 1.9 pc in FY'20-21, but says will bounce back t
Updated : 5 years, 11 months ago IST
Washington D.C. [USA], April 14 (ANI): The International Monetary Fund (IMF) has projected the growth of Indian economy in 2020 at the rate of 1.9 per cent, while the world economy is likely to contract sharply by "minus 3 per cent" due to the coronavirus pandemic, which is proving worse
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Hit hard by lockdown, sex workers in Nashik seek govt's help to make ends
Updated : 5 years, 11 months ago IST
Nashik (Maharashtra) [India], April 5 (ANI): While the nationwide lockdown has caused a disruption in the day to day life of almost every individual in the country, the situations of sex workers residing in Nashik's Bhadrakali are no different.
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Saving lives and protecting livelihoods go hand in hand: IMF
Updated : 5 years, 11 months ago IST
Washington DC [USA], April 4 (ANI): IMF Managing Director Kristalina Georgieva has urged the world to come together to protect the most vulnerable from the unprecedented health and economic crisis.
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Sonagachi sex workers in acute crisis amid lockdown; Shashi Panja distribu
Updated : 5 years, 11 months ago IST
Kolkata (West Bengal) [India], Mar 30 (ANI): Amid nationwide lockdown in the wake of coronavirus, the sex workers in Sonagachi, a red-light area in North Kolkata, are facing a huge financial crisis with many of them not being able to feed their families.
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Coronavirus-triggered recession may be worse than 2008 meltdown: IMF
Updated : 5 years, 11 months ago IST
Washington D.C. [USA], Mar 24 (ANI): The International Monetary Fund (IMF) expects that the coronavirus pandemic will cause a global recession in 2020 that will be as bad as 2008 financial crisis, IMF Managing Director Kristalina Georgieva said on Monday.
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COVID-19 : Kerala govt announces Rs 20,000 crore financial package
Updated : 5 years, 11 months ago IST
Thiruvananthapuram (Kerala) [India], Mar 20 (ANI): In the backdrop of the COVID-19 pandemic, the Kerala government has announced a package of Rs 20,000 crore to tide over the present crisis.
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Coronavirus to weaken sovereign fiscal positions: Fitch Ratings
Updated : 5 years, 12 months ago IST
Hong Kong, Mar 18 (ANI): The economic impact of coronavirus combined with associated policy responses is likely to result in a higher-than-average number of sovereign rating actions in 2020 and a more pronounced downward bias in sovereign rating changes than in any year since the aftermat
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Equities post biggest intra-day recovery after hitting lower circuit on Fr
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 13 (ANI): Equity benchmark indices staged the biggest ever intra-day recovery on Friday after hitting a 10 per cent lower circuit for the first time since 2008 global financial crisis.
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Wall St. Execs promise Trump to help consumers as economy weakens due to c
Updated : 6 years ago IST
Washington D.C. [USA], Mar 12 (ANI): In a meeting with Donald Trump overtaking immediate steps to curb the further spread of coronavirus in the United States, Wall Street executives on Wednesday (local time) promised the President to help consumers as the American economy continues to weaken
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Financial crisis affected schemes for SC/STs in Kerala: Minister AK Balan
Updated : 6 years ago IST
Thiruvananthapuram (Kerala) [India], Mar 4 (ANI): The financial crisis in Kerala has affected the various schemes being run for the backward communities in the state, said AK Balan, Minister for Welfare of Scheduled Castes, Scheduled Tribes and Backward Classes on Wednesday.
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