Moody's cuts India's rating to lowest investment grade with negative outlook

India’s economy grew 3.1% in January-March, its slowest quarterly pace in at least eight years

Even before Covid19, India's economy was slumping

The economy grew by 3.1% in Jan-Mar quarter of 2019-20, against 5.7% at the same time a year ago, the slowest growth in at least eight years

Business confidence in the eurozone's third largest economy in May plummeted to its lowest level

Singapore’s economy shrank 0.7% year-on-year in the first quarter and 4.7% on a quarter-on-quarter

RBI Governor Shaktikanta Das extended the moratorium period by another three months from June 1 to August 31 due to lockdown extension

The World Bank announced emergency operations worth USD 160 billion in 100 developing countries to fight the deadly virus

The small decline in orders in March is likely to give way to a collapse in investment across this quarter

He said the three-month moratorium offered for loan repayments announced by Reserve Bank of India is "not enough"

The world’s third-largest economy shrank for second consecutive quarter in three months to March, intensifying challenge for policymakers

The worst impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita income