A year after COVID-19, Italy's tourist destinations remain deserted, causing major setback to country's economy
Last year, the country plunged into the worst recession since World War II.
Policyholders will now be enabled to make complaints electronically to the ombudsman and a complaints management system will be created to enable policyholders to track the status of their complaints online
Women run fewer than 13% of India's MSMEs; inaccessibility of credit, govt schemes and now COVID are key hurdles
The biggest challenge faced by women entrepreneurs in India is gender bias in access to finance as studies show that their loan applications are more likely to be delayed or rejected as compared to men
However, the annual GDP estimate for the fiscal year ending 31 March has been revised to an 8 percent contraction, deeper than an earlier estimate of (-) 7.7 percent
Sectors with the highest projected increases include, e-commerce and venture capital, information technology, ITeS, life sciences, according to a survey
The DTTILLP found that 20 percent companies plan to give a double-digit increment this year compared to only 12 percent in 2020
Indian economy on track for recovery in next fiscal but banking sector to show improvement by 2023, says S&P
S&P Global Ratings said India faces a permanent loss of output versus its pre-pandemic path, suggesting a long-term production deficit equivalent to about 10 percent of GDP
China is drafting a new climate change law that environmentalists say might address some of the shortcomings in the current carbon trading system.
In geopolitical struggle over Myanmar, China has an edge over US, other nations seeking to shape events
The Chinese government, according to experts, sees the coup as “a moment of opportunity” to undercut the inroads the United States and other Asian nations made during Myanmar’s halting democratic opening
The Chinese Education Ministry’s plan is in response to a proposal that said that the prevalence of female teachers in kindergartens and elementary schools and the popularity of “pretty boys” in pop culture had made Chinese boys “weak, inferior and timid"
80% of India's informal workers lost jobs during COVID lockdown, 63% survived on two meals a day, shows data
Government needs to take action regarding job security, social security benefits, food security, health benefits, and safety in the informal sector in such a way that it not only manages the current crisis, but also immunises the sector from future shocks
Paris accord commits 195 countries and other signatories to reduce carbon pollution, monitor and report their fossil fuel emissions.
Global supply chains that are vital to industry will continue to be disrupted so long as the virus remains a force.
Janet Yellen, Biden's nominee to be treasury secretary, told the Senate Finance Committee that the incoming administration would lay out a $1.9 trillion stimulus package proposal
Lung diseases made up 40 percent of morbities caused by air pollution while 60 percent of diseases were caused by ischemic heart disease, stroke, diabetes, neonatal deaths related to preterm birth.
As per the minutes, the Governor also said that the RBI will continue to respond to global spillovers to secure domestic stability with its liquidity management operations
The absence of bipartisan political thinking has resulted in many critical policy reforms remaining stuck
Flaws in US census count jeopardise Trump's plan to exclude illegal immigrants from congressional reapportionment
The move, unprecedented in American history, would produce an older, whiter, more rural population base for reallocating House seats that would mostly benefit Republicans, analysts say
MSP is an admin mechanism, not legislative one; new agro laws will unshackle farmers, boost competition: BJP economist
MSP was started in the 1960s when India was a food-deficit nation and it has skewed India's farm economy towards a handful of crops.
RBI chief Shaktikanta Das says economic recovery 'stronger than expected', but warns of downside risk due to recent COVID-19 surge
The central bank which has introduced many unconventional measures to aid recovery apart from cutting key rates by 1.15 percent, expects the Indian economy to shrink by 9.5 percent in FY21