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Washington, Apr 14 (PTI) The Silicon Valley, hub of Indian entrepreneurship that showcases excellence of Indian IT professionals, is bracing itself for a post coronavirus period with layoffs, pay cuts and freeze on new jobs, a top venture capitalist has said. M Rangaswami, well-known venture...
Washington, Apr 12 (PTI) The World Bank on Sunday said the coronavirus outbreak has severely disrupted the Indian economy, magnifying pre-existing risks to its outlook. In its South Asia Economic Update: Impact of COVID-19 , the World Bank estimated the Indian economy to decelerate...
United Nations, Apr 11 (PTI) As governments struggle to cope with the COVID-19 pandemic, billions of people living in countries teetering on the brink of economic collapse are being further threatened by a looming debt crisis, according to a UN report. In its report, the...
Mumbai, Apr 8 (PTI) Economic growth is likely to plummet to a multi-decade low of 1.6 per cent in fiscal year 2020-21 due to COVID-19 pandemic and ensuing measures like lockdowns and social distancing, an American brokerage said on Wednesday in one of the bleakest forecasts on GDP...
United Nations, Apr 8 (PTI) About 400 million people working in the informal economy in India are at risk of falling deeper into poverty due to the coronavirus crisis which is having "catastrophic consequences", and is expected to wipe out 195 million full-time jobs or 6.7 per cent...
New Delhi, Apr 7 (PTI) The COVID-19 crisis has the potential to push around 40 crore informal sector workers in India deeper into poverty, with the lockdown and other containment measures affecting jobs and earnings, an International Labour Organisation (ILO) report said on Tuesday. India...
Mumbai, Apr 6 (PTI) Banks in the country are likely to witness a spike in their non-performing assets ratio by 1.9 per cent and credit cost ratios by 130 basis point in 2020, following the economic slowdown on account of COVID-19 crisis, says a report.
New Delhi, Apr 5 (PTI) The Indian macroeconomic situation is bleak and all set to get worse if local or national lockdowns continue for some more time, renowned economist Jean Dreze said on Sunday. Dreze further said that due to the country-wide lockdown, social...
Today Indian market reversed most of yesterday's gain.In a volatile seesaw week , Nifty and Sensex lost around 4% in today’s session.Nifty also formed a bearish candle.Now big question arises.....            Is Nifty a way to make fresh runs downside? Scary one!
Indian indices have witnessed a drastic fall in recent months. Nifty 50 has corrected nearly 30 % from it's high of 12340.5. In doing so NIFTY had given all the gains it had achieved in the last 3 years.Decline in the 2020 bear market is much...
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