Latest news by search query "covid 19 economy impact"

Canada’s economy is zigzagging through the third COVID-19 wave. Statistics Canada says the country lost 207,000 jobs in April, reversing substantial progress made in March. Eric Sorensen looks at how unemployed Canadians are coping.

Eric Sorensen Statistics Canada Canada covid-19 economy Waves

India's economy holding up well against Covid-19 surge, says RBI

This story has been published from a wire agency feed without modifications to the text.Click here to read the Mint ePaperMint is now on Telegram. Join Mint channel in your Telegram and stay updated with the latest business news.

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Nevada facing double-bind of rising cases, limping economy

LAS VEGAS – As the coronavirus surges to record levels in Nevada, the governor has implored residents to stay home. But Democrat Steve Sisolak has also encouraged out-of-state visitors, the lifeblood of Nevada's limping economy, to come to his state and spend money in Las Vegas.The pandemic has put officials in this tourism-dependent place in a double-bind: trying to protect the economy while keeping people safe.

Steve Sisolak city Las Vegas state Nevada hospital covid-19 economy Coronavirus

Coronavirus: Toronto mayor says lockdown only way to ensure future of economy as cases spike

Following an announcement that Toronto, along with Peel Region, would be under a lockdown starting next Monday, the city’s mayor, John Tory, on Friday said that this method is the only way at this time to ensure COVID-19 cases get under control and to ensure the future of the economy.

John Tory city Monday covid-19 economy Coronavirus

Balancing our health and the economy amid COVID-19

While lockdowns are painful for businesses in the short term, can they help them in the long term? As Sarah Offin reports, Calgary economist Trevor Tombes suggests the best course of action for public health and the economy in the long term is to get the virus under control.

covid-19 economy

US, China and EU to shape post-covid world economy: Moody’s

post-pandemic world economy as key pillars of a tripolar world due to a hardening of attitudes during the coronavirus crisis, and the compounding of existing trends, Moody’s Investors Service said.The task of repairing and rebuilding domestic economies will lead countries to increasingly focus on self-sufficiency, especially in strategic industries while competition and conflicts in technology, trade and politics will continue or intensify, Moody’s said in an analysis on Tuesday.

China Usa India Eu economy crisis Coronavirus

President-elect Joe Biden’s first 100 days: COVID-19, economy, climate among likely priorities

WASHINGTON - President-elect Joe Biden will enter the White House facing a deeply polarized country amid a global pandemic and its economic fallout. Biden has made a lengthy list of priorities for the first 100 days of his presidency, though the coronavirus will likely rank highest. Days after he was projected as the winner of the presidential race, he and Vice President-elect Kamala Harris announced a COVID-19 advisory board to help spearhead the incoming administration’s pandemic response.The U.S.

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Canada’s balancing act: Second COVID-19 wave, new restrictions, and the economy

A balancing act is underway across Canada, as premiers try to curb COVID-19 with new restrictions that could prove detrimental to an economy already in pain. Mike Drolet explains the push and pull between health and wealth.

Canada covid-19 economy

German economy rebounding, faces risk from virus resurgence

FRANKFURT – A widely watched indicator of German business confidence has risen for a fifth month in a row as Europe's largest economy rebounds from the coronavirus shutdowns - but the index remains below its long term average and uncertainty is high with virus cases rising. The Ifo institute's index released Thursday rose to 93.4 points in September from 92.5 points in August.

Germany virus covid-19 economy Coronavirus

'Neither managed Covid well nor kept economy afloat': Tharoor hits out at Centre

New Delhi: Congress Lok Sabha MP Shashi Tharoor on Sunday hit out at the Central government over the COVID-19 handling and management of the economy."We have the worst of both worlds. We have neither managed to limit the spread of the virus nor have we managed to keep the economy afloat.

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Covid-19 makes flying business class feel more like economy

‘Feels Like Economy’“There’s nobody to help you with your bag, you’re not escorted to your seat, and there’s definitely no pre-flight champagne," said Sandra Lim, who flew business class to Singapore from Los Angeles with Singapore Air late last month. “It feels like it’s reverted back to economy class."Crew wore face masks and eye shields, and avoided contact and shared touch points where possible, Lim said.

Singapore city Singapore Los Angeles covid-19 economy mask travelers

How Covid-19 made flying Business Class feel more like Economy

Singapore city Singapore Los Angeles covid-19 economy mask travelers

Nicola Sturgeon coronavirus update LIVE as economy grew by 1.8% in May

coronavirus lockdown yesterday with non-essential shops in shopping centres reopening across the country. Kids under the age of 17 were allowed to play organised outdoor contact sport for the first time since late March.

Nicola Sturgeon Scotland covid-19 economy Coronavirus

Sonia Gandhi discusses covid-19, economy with Congress LS MPs during virtual mee

Rahul Gandhi to return to the top post. The Congress MP from Wayanad also attended the meeting and is known to have spoken on issues like the Union government’s handling of the pandemic and the border standoff with China.Leaders aware of the development said the meeting on Saturday was more of a ‘stock taking’ exercise by Sonia Gandhi that would help in formulating party’s strategy in the upcoming monsoon session of Parliament, dates of which are yet to be announced.

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Mandating coronavirus face masks would strengthen US economy, Goldman Sachs says

COVID-19 and potentially prevent the reinstatement of lockdowns that would wreak havoc on the U.S. economy, according to Goldman Sachs.The daily number of new coronavirus cases reached a record 44,726 on Friday as a number of states including California, Florida and Texas experienced a surge in infections. Deaths and hospitalizations, meanwhile, are holding near their lowest levels since late March.“The economic benefit from a face mask mandate and increased face mask usage could be sizable,” wrote a Goldman Sachs research team led by Chief Economist Jan Hatzius.

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Boris Johnson promises spending blitz to fire-up the UK economy after Covid-19

UK economy in the wake of the coronavirus pandemic. In a speech in the Midlands on Tuesday the Prime Minister is promising to splash £5 billion to dig the country out of the recession caused by the coronavirus lockdown.

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NCAER projects Indian economy to grow at 1.3% in FY21

₹4.2 trillion for the current year. The base case also incorporates additional borrowing headroom provided to Indian states up to 2% of GDP.

India covid-19 economy Government

Maharashtra close to onboard 10 large foreign investors to revive state economy

MUMBAI : Maharashtra government, on Thursday, said the state is about to enter into agreements with at least 10 large foreign investors from different countries in the next few days.The announcement follows Maharashtra’s industry department's recent efforts to attract foreign direct investment in order to revive the state’s economy, which has been hurt badly due to the lockdown induced by the covid-19 pandemic.“Agreements will be signed with 10 investors from different countries.

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Mint Lite | World economy to slide 6%, Assam fire threatens lives and other news to know

World economy to slide 6%: OECDThe COVID-19 pandemic has fragmented the world economy, Paris-based OECD said. The “extraordinary uncertainty and unprecedented loss of income" will hit businesses and the most vulnerable, it said, prompting governments to take “extraordinary action" to protect people.

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Urban unemployment rate falls sharply as economy opens up

NEW DELHI : The urban job loss rate dropped 8 percentage points in the first week of June from the preceding seven days, in a sharper-than-expected turnaround as the government lifted nearly all lockdown-related curbs, allowing factories and offices to reopen.Urban unemployment fell to the lowest level since the lockdown was announced at 17.08% in the week to 7 June from 25.14% in the week ended 31 May, according to data released by Centre for Monitoring Indian Economy (CMIE).

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Amid rise in Covid-19 cases, India to open its economy further

Saumya Tewari, Suneera Tandon & Shuchi Bansal contributed to this story.Click here to read the Mint ePaperLivemint.com is now on Telegram. Join Livemint channel in your Telegram and stay updated

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In U.S., 71% Believe Economy Is in Recession or Depression

WASHINGTON, D.C. -- As states begin to weigh the implications of reopening businesses in the midst of the coronavirus pandemic, 71% of Americans say the country is in an economic depression or recession, a figure that has remained at or above 70% since mid-April.

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Indian economy could shrink by 5% in FY21: Crisil

The government has extended the lockdown four times till 31 May to deal with the rising number of coronavirus cases, thus curtailing economic activity severely

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Lockdown drives India’s economy into deep coma

Fourteen of the sixteen indicators tracked by the Mint Macro Tracker were in the red as of April, signalling a deep economic plunge

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Fifth tranche of economic package will revitalise village economy: PM Modi

NEW DELHI : The fifth and last tranche of economic stimulus announced by the government on Sunday will boost entrepreneurship, help public sector units and revitalise the village economy, Prime Minister Narendra Modi has said.

Narendra Modi city New Delhi India covid-19 economy Government

₹2.46 tn cheap loans plan to revive farm economy

Centre rolls out ₹2.3 trillion loans scheme for farmers to kick-start rural economy and a raft of steps to ease hardship of urban poor hit by the lockdown

India covid-19 economy Government

₹20 trillion stimulus package to restart economy

New Delhi: Prime Minister Narendra Modi on Tuesday announced the long-awaited stimulus package of Rs20 trillion for businesses and workers to soften the devastating blow from the coronavirus lockdown that has pushed many companies to the brink of bankruptcy with revenues and cash flows disappearing overnight.

Narendra Modi city New Delhi India covid-19 economy crisis Coronavirus

Economy bears burden as goods trains travel light

Railway freight statistics are a good indicator of the overall state of an economy. In April, the amount of freight moved by Indian Railways was 65.4 million tonnes, down 35.3% from a year ago. Mint explains India’s economic story in a world battered by the covid-19 pandemic.

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CII’s Naushad Forbes pushes for organised restart of economy with manufacturing being first

NEW DELHI : The Confederation of Indian Industry’s Naushad Forbes on Sunday called for an organised resumption of economic activity, with manufacturing serving as an important launchpad due to the nature of operations.

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Global economic downturn from COVID-19 could be worse than first projected: IMF

The head of the International Monetary Fund on Friday signaled a possible downward revision of global economic forecasts, and warned the United States and China against rekindling a trade war that could weaken a recovery from the coronavirus pandemic.

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Quebec economy hard hit by COVID-19 crisis

Quebecers have been in social isolation for almost two months now and to break up the monotony, one Montreal West family has been hosting themed dinner parties — for themselves. Global’s Amanda Jelowicki has the story.

Amanda Jelowicki covid-19 economy crisis isolate

New COVID-19 modelling provides blueprint for partial re-opening of B.C. economy

The new COVID-19 modelling released Monday by the B.C. government provides a blueprint on partially re-opening the provincial economy. Keith Baldrey reports.

Keith Baldrey covid-19 economy Government

Kenney outlines Stage 2 relaunch strategy for Alberta’s economy

Alberta Premier Jason Kenney announces Stage 2 of the province’s relaunch strategy for the economy after the COVID-19 shutdown.

Jason Kenney covid-19 economy

Alberta announces Stage 1 of relaunch strategy for economy

Alberta Premier Jason Kenney announces Stage 1 of the province’s relaunch strategy for the economy after the COVID-19 shutdown.

Jason Kenney covid-19 economy

Covid-19: PM Modi, wearing mask, discusses ways to boost economy

Prime Minister Narendra Modi chaired a high-level ... morePrime Minister Narendra Modi chaired a high-level meeting on the state of the economy on Thursday.

Narendra Modi covid-19 economy mask

India economy may contract 3.1% in FY21 if lockdown extended till end-June: UBS

NEW DELHI: As India contemplates an exit strategy from the 40-day long nationwide lockdown ending 3 May, Swiss bank UBS on Wednesday projected the country’s economy to contract 3.1% if mobility restrictions stay in place until end-June and economic activity returns to normal by end-August.

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Opinion | How the economy could roar to life after the lockdown is lifted

India has a good post-crisis opportunity to secure long-term growth if the Centre refocuses policy

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Ontario government set to reveal details on reopening of province’s economy

As the number of cases of COVID-19 starts to reach a plateau in the province, Ontarians wait for life coming back to normal. Miranda Anthistle has more about the Ford government unveiling plans for reopening the economy.

Miranda Anthistle covid-19 economy Government

Locked-down Indian economy in its worst quarter since mid-1990s: Reuters poll

The economy expanded at an annual pace of 3.0% last quarter but will shrink 5.2% in the three months ending in June, far weaker than expectations in a poll published last month for 4.0% and 2.0% growth, respectively

India covid-19 economy Coronavirus

Premier Scott Moe on the need to re-open Saskatchewan’s economy

Premier Scott Moe says Saskatchewan needs to find the right path when re-opening the economy: “If we move too quickly, we increase the risk of increasing the spread of COVID-19.

Scott Moe covid-19 economy

Premier Scott Moe on the need to re-open the economy

Premier Scott Moe says Saskatchewan needs to find the right path when re-opening the economy: “If we move too quickly, we increase the risk of increasing the spread of COVID-19.

Scott Moe covid-19 economy

Bank of England warns easing lockdown too soon could damage economy even further

The economy would be hit by a premature end to the lockdown which would also "damage people's confidence very severely", Bank of England governor Andrew Bailey has warned.

covid-19 economy Coronavirus

Pressure builds for plans to reopen Ontario economy

Premier Doug Ford said a framework is in the final stages of planning to reopen Ontario’s economy gradually, but he also warned once that process starts the toll COVID-19 is taking on the province will continue. Travis Dhanraj reports.

Doug Ford Travis Dhanraj covid-19 economy

Can the covid-19 crisis help remake India’s energy economy?

The Mapping India’s Energy Subsidies Report 2020 outlines how India allocates energy subsidies, and how we can use the covid-19 crisis to move towards cleaner energy

India covid-19 economy Government

Farm economy to open up as restriction start to ease

PANIPAT, HARYANA: With the nationwide lockdown being eased in parts of the country from Monday, the agrarian economy is set to open up, bringing relief to farmers in this rabi crop harvest season.

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Trudeau urges patience; “many weeks” until economy reopens

With new signs Canada’s COVID-19 curve is starting to flatten, some premiers are starting to look at ways to ease restrictions.

Justin Trudeau Canada covid-19 economy

Stimulus needed for quick revival of economy: Maruti’s Bhargava

India needs a fiscal stimulus to ride out the crisis caused by covid-19, Maruti Suzuki India Ltd chairman R.C. Bhargava said, as he joined a chorus of business leaders and economists calling for the government to announce a fiscal package to support businesses and create jobs.

India covid-19 economy Government crisis

Industry bodies call for phased opening of economy with healthy stimulus dose

NEW DELHI : Industry bodies FICCI and ASSOCHAM on Wednesday called for phased opening up of the economy and re-starting growth with a stimulus package of 200 billion to 300 billion dollars (about ₹15 lakh crore to 22 lakh crore).

city New Delhi covid-19 economy crisis

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Latest news by search query "covid 19 economy impact"

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