Economic Recession
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A few employees globally tested positive for COVID-19, undertaken contact tracing measures: Infosys
•The company said with lockdowns effective in several parts of the world, 93 percent of the Infosys global workforce is now working from home.
COVID-19 update: ICMR rolls out rapid antibody tests in hotspots as number of cases rise to 3374 across India
Myupchar •CoroFlu — a potential COVID-19 vaccine — may be ready for human clinical trials by autumn 2020, Hyderabad-based Bharat Biotech said Friday.
India's economic growth 'much weaker' than expected due to corporate, environmental regulatory uncertainty, says IMF
•The IMF cut its projection for India's economic growth by 0.3 percentage points to 7 percent for the fiscal year 2019-20 owing to the "weaker-than-expected outlook
Paul Krugman warns of global recession by year-end, says absence of effective response during slowdown main concern
•Speaking at the World Government Summit in Dubai, Paul Krugman said it was unlikely that just "one big thing" would prompt an economic downturn.
NC says Jammu and Kashmir tourism in 'severe distress', asks Mehbooba Mufti to look beyond 'elitism'
•Opposition National Conference on Sunday said tourism in Jammu and Kashmir was in "severe distress" and asked Chief Minister Mehbooba Mufti to look beyond "elitism" to revive the sector.
US women regain all lost jobs, men still 2.1 million short
Fp Staff •The slowly recovering US economy has had women rebounding faster than men when it comes to combating unemployment. Women have recovered all the jobs they lost in the recession, whereas men are still short - by over 2.1 million jobs.