India's SAARC commitment at an advanced stage of implementation: MEA | India seeks lockdown extension as total COVID-19 cases cross 6,000 | India slams China for raising Kashmir issue at UN again, calls matter 'internal' | After contributing to PM Cares Fund, Akshay Kumar now donates Rs 3 cr to BMC | Lockdown can't be stopped as COVID-19 cases surging: Mamata Banerjee |

Growth outlook to be hit drastically by COVID-19 outbreak

India Blooms News Service
Mumbai/IBNS: The Reserve Bank of India has said the country's economic growth outlook has been hit drastically by the coronavirus outbreak, media reports said.
ASEAN foreign ministers agree to establish COVID-19 response fund
Phnom Penh/Xinhua: Foreign Ministers of the Association of Southeast Asian Nations (ASEAN) agreed on Thursday to set up a COVID-19 response fund to collectively fight against the virus, said a Cambodia's foreign ministry statement.
IMF projects negative per capita income growth in over 170 countries in 2020
Washington/Xinhua/UNI:  The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said Thursday that the multilateral lender now projects that over 170 countries will experience negative per capita income growth this year.
CREDAI West Bengal writes to Union Finance Minister seeking reliefs for Real Estate indust...
Kolkata/IBNS: The West Bengal chapter of the Confederation of Real Estate Developers' Associations of India (CREDAI) has approached the Union Finance Minister Nirmala Sitharaman for relief to aid the real estate industry in the backdrop of the Covid 19 pandemic.
Jindal Stainless comes forward to fight the Covid 19 pandemic with monetary donations and ...
New Delhi/IBNS: Jindal Stainless, one of the largest stainless steel conglomerates in India, has contributed rupees five crore to the PM Cares Fund to help combat the COVID-19 pandemic in India.
COVID-19: impact could see 195 million job losses, says ILO chief
New York/IBNS: The rapidly intensifying economic effects of COVID-19 on the world of work are proving to be far worse than the 2008-9 financial crisis, with cutbacks equivalent to nearly 200 million full-time workers expected in the next three months alone, the UN labour agency said.
Bharti AXA Life Insurance appoints Parag Raja as MD & CEO
New Delhi/IBNS: Leading private insurer Bharti AXA Life Insurance on Wednesday announced the appointment of Parag Raja as Managing Director and Chief Executive Officer of the company, subject to the requisite IRDAI approval.
Minimum $200 billion stimuli needed to support the Indian economy in the background of the...
Kolkata/IBNS: Apex industry body, Associated Chambers of Commerce and Industry of India or ASSOCHAM, has recommended a 16 point agenda and a stimulus package of at least $200-$300 billion to thwart one of the deepest global recession expected in the backdrop of the Covid19 pandemic.
Nestlé India extends its commitment to India’s fight against COVID-19
New Delhi/IBNS: Packaged food and beverage company Nestlé India on Wednesday said it has extended its commitment to India’s combat against Coronavirus.
Adani Gas reduces prices of CNG and Domestic PNG with effect from Apr 9
Kolkata/IBNS: Adani Gas Ltd. (AGL), the city gas distribution business of the Adani Group, is pleased to announce the reduction in the prices of Compressed Natural Gas (CNG) and Domestic Piped Natural Gas (PNG) across its various geographical areas with effect from Apr 9.
COVID-19: Minimum $200 billion stimuli needed to support the Indian economy says ASSOCHAM
New Delhi/IBNS: With a sentiment that to tackle the unprecedented times, exceptional measures are essential, apex industry body, ASSOCHAM has recommended a 16 point agenda and a stimulus package of at least $200-$300 billion to thwart one of the deepest global recession expected in the world’s history, states its Secretary-General, Deepak Sood.
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