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.
New Delhi [India], Mar 20 (ANI): While the world is dealing with an economic slowdown, severely impacted due to coronavirus pandemic, Defence Minister Rajnath Singh on Friday said that there would be hardly any impact of the current global economic situation on India's Defence procurement
Thiruvananthapuram (Kerala) [India], Mar 3 (ANI): Kerala Finance Minister Thomas Isaac on Tuesday said that if globally the Coronavirus outbreak is not contained within three months it may lead to a global economic crisis, fissures of which maybe felt in the state.
Mumbai (Maharashtra) [India], Feb 24 (ANI): Equities witnessed selling across the board during early hours on Monday as the number of coronavirus cases outside China increased and concern grew that global economic growth could take a hit.
New Delhi [India], Jan 31 (ANI): Chief Economic Advisor Krishnamurthy Subramanian on Friday said that the global economic slowdown is partly to be blamed for the slowdown in the Indian economy.
Washington DC [USA], Jan 29 (ANI): Policymakers should continue to monitor the buildup of financial vulnerabilities and take steps to address them where appropriate, in order to reduce the chance that such vulnerabilities may amplify adverse impact of shocks to the global economy, the Intern
Davos [Switzerland], Jan 21 (ANI: As we enter a new decade, chief executive officers are showing record levels of pessimism in the global economy with 53 per cent predicting a decline in the rate of economic growth in 2020.
Geneva [Switzerland], Jan 9 (ANI): The latest data for global air freight markets released by International Air Transport Association (IATA) shows that demand measured in freight tonne kilometres (FTKs) decreased by 1.1 per cent in November 2019 compared to the same period in 2018.
Washington DC [USA], Jan 9 (ANI): Global economic growth is forecast to edge up to 2.5 per cent in 2020 as investment and trade gradually recover from last year's significant weakness but downward risks persist, the World Bank says in its January 2020 Global Economic Prospects.
Washington DC [USA], Jan 9 (ANI): The World Bank has projected India's growth at five per cent in the current financial year 2019-20 which is set to recover to 5.8 per cent in the following fiscal year.
New Delhi (India), Nov 30 (ANI): On the completion of the six months of the Prime Minister Narendra Modi led government, Union Minister Prakash Javadekar said that the global economic slowdown has adversely affected the Indian economy up-to some extent.