Topics: Economy News

IMF Chief: We are seeing a “fundamental shift” in the global economy

Speaking at Georgetown University’s School of Foreign Service, International Monetary Fund (IMF) Chief Kristalina Georgieva on Friday said, “We are experiencing a fundamental shift...

New technology adoption is key to building operational competency in Indian logistics

India’s logistics industry, estimated to be worth $160 billion, is considered an important cog in the wheels of the nation’s economic machinery. Almost 15%...

U GRO Capital secures over Rs 400 crore, AUM for Q1 FY21 stands at Rs 847.4 crore

India-based fintech platform U GRO Capital has announced that "It has raised almost Rs 400 crore through non-convertible debentures (NCDs), term loans and commercial...
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Market Analysis by Abhishek Goenka: Global Risk sentiment holds positive

Overall global risk sentiment was positive heading into the weekend with China reaffirming its commitment to adhere to the one phase trade deal with...

OECD: Global economy to shrink by 6% in 2020

Organization for Economic Co-operation and Development (OECD) Secretary-General Jose Angel Gurria said, "The global economy will decrease at least six percent this year due...

Coronavirus: Spain’s left-wing coalition government approves a minimum income scheme for 2.3 million people

Spain's left-wing coalition government on Friday said, "The government has approved the creation of a minimum income scheme worth 462 euros ($514) a month...
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Lockdown 4.0: Nirmala Sitharaman says, “Government bars global tenders for procurements up to Rs 200 crore”

Briefing the media on the Rs 20 lakh crore economic stimulus package, Finance Minister Nirmala Sitharaman on Wednesday said, "The global tenders will be...

President Trump says, “It’s my decision when to reopen the U.S. economy.”

Befitting the reply on the governor's decision to reopen the U.S. economy, US President, Donald Trump on Tuesday said, "It's his decision when to...

Fed expresses concerns on the reopening of Coronavirus hit economy

Federal Reserve boss Jerome Powell has expressed concerns on the reopening of coronavirus hit economy. For latest news updates, business news and world news, Like...
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COVID-19: Bank of Japan sees deeper economic pain, even after emergency easing

The Bank of Japan expanded monetary stimulus in an unscheduled policy meeting on March 16 to ease corporate funding strains and calm financial markets...

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