Page 17 - Economic Recovery

World's fastest recovery outlook at risk as coronavirus sweeps India

The reluctance by economists to revisit growth forecasts just yet possibly stems from expectations for the crisis to blow over soon.

Ind Ra revises down India's fiscal 2022 GDP growth forecast to 10.1%

The earlier projection was 10.4 per cent

United Kingdom sees budget deficit rise to highest rate since 1946

Britain has seen its budget deficit rise during the coronavirus pandemic to its highest level since the year after the end of World War II

RBI directs banks to halve dividend payouts amid 2nd Covid wave

This is a bid to conserve capital and stay resilient.

With economy lagging, ECB keeps policy unchanged, faces taper questions

Economy well placed for quick recovery, says European Central Bank

Covid-19 resurgence threatens vigorous global economic growth momentum

Emerging and developing economies accounted for two thirds of global growth before the pandemic and around 86% of the world's population

Industry ready to strengthen capacity, back-end infra despite second wave

Several industries have shown confidence in the economy's recovery prospects and said the capex cycle is reviving

Consumer confidence among urban Indians weakens in April: Survey

Consumer sentiment was down across all 4 indices -- jobs, personal finances, economy and investments for the future, the survey said

Care Ratings revises India's GDP growth forecast to 10.2% for FY22

Economic activities are getting affected across the country due to curbs imposed by states

Asian shares, oil prices hit by coronavirus risks to growth outlook

Stocks in Tokyo slumped by 1.95%

EPFO net new enrolments grow nearly 20% to 1.2 million in February

This provides a perspective on formal sector employment amid the coronavirus pandemic.

Crude oil refinery output falls 11% in FY21 on Covid-led demand destruction

Crude oil and natural gas production also declines

Second wave of Covid-19 to delay full recovery for apparel players to FY23

The full recovery for Indian apparel players is likely to be delayed to 2022-23: report

Localised lockdowns already hitting economic activities: Report

Power consumption and e-way GST bill collections are already down

Wave of disruption

New Covid cases could threaten the fragile economic recovery

Best of BS Opinion: Beyond the Jal Shakti Abhiyan, vaccine supply, and more

Here's a selection of Business Standard opinion pieces for the day

Economic outlook for the second wave

There is a case for Indian policy makers to remove trade barriers to fuel India's ability to grow on the back of export demand

Recovery dims for film exhibition biz in April amid fresh Covid-19 curbs

Now, many of them are counting on Eid in mid-May for fresh content to return, including the much-anticipated Salman-Khan-starrer Radhe

Big hospitality players' revenue may decline 65% in FY21: Report

The pandemic put a brake on discretionary travel and occupancy, according to a report.

Reimpose moratorium on taking cos to NCLT under IBC due to Covid: Assocham

Industry body Assocham on Friday urged the government to reimpose moratorium on taking debt-ridden firms to the NCLT under the IBC till December