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UKs covid19 job saving scheme to taper off from August, says Rishi Sunak. (AP Photo)

Rishi Sunak sets out plans to taper off UK's Ccovid19 job saving...

From July 1, employers will have maximum flexibility to decide to bring back employees for a number of days per week

30 May 2020 3:13 PM IST

Singapore cuts 2020 GDP outlook again as virus batters economy. (AFP Photo)

Singapore cuts GDP outlook again as virus batters economy

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

26 May 2020 9:00 AM IST

Indian economy to contract in FY21; lockdown compounds economic challenges, says Moodys. (PTI Photo)

Economic damage for India from lockdown to be significant, says...

Indian economy already was growing at its slowest pace in six years and with the stimulus measures falling short of...

22 May 2020 2:06 PM IST

Migrant workers from other states trying to return to their homes arrives for transportation to a train station in Ahmedabad. (AP)

135 million Indians may lose job due to coronavirus impact

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

17 May 2020 4:25 PM IST

Workers from the Iztapalapa government talk to people trying to enter the cemetery to explain that only are allow two persons at a time outside Pantheon of San Lorenzo Tezonco in Mexico City. (AFP)

Brazil and Mexico report record surge in coronavirus cases

Leaders of both countries receive criticism for intensified attempts to reopen their economies

15 May 2020 11:56 AM IST

New Zealand prime minister Jacinda Ardern, right, walks with deputy prime minister Winston Peters to the house for the budget delivery speech at Parliament in Wellington. (AP)

New Zealand plans spending spree to counter virus job losses

New Zealand finance minister unveils new budget on the same day the nation lifted most of its lockdown restrictions

14 May 2020 11:00 AM IST

US citizen wait to check in on a humanitarian flight towards Fort Lauderdale at Tocumen international airport in Panama City. (AFP)

US to temporarily ban immigrant visas including H-1B

Nearly 500,000 migrant workers are employed in the US in the H-1B status

9 May 2020 8:44 AM IST

A medical worker takes a swab to test for the novel coronavirus COVID-19 from a visitor to a drive-in testing facility at the Chessington World of Adventures Resort, in Chessington. (AFP)

UK shadows Italy as worst hit in Europe

United Kingdom's COVID-19 death toll rose by 621 on Saturday to a total of 28,131 as of May 1

3 May 2020 11:04 AM IST

Amy Senter, owner of Jakes on Main, folds T-shirts in preparation for reopening her shop after being forced to close due to the coronavirus in St. Charles, Mo. (AP)

Businesses reopen in a few US states

Enterpraises are asked to make sure the coronavirus doesn't come storming back by employing their own restrictions...

2 May 2020 11:41 AM IST

Global economy to plunge into worst recession since WW-II, says World Bank. (AFP Photo)

World Bank says global economy to shrink 5.2%, worst recession since...

Per capita incomes are expected to decline by 3.6 per cent, which will tip millions of people into extreme poverty this...

9 Jun 2020 11:06 AM IST

Infrastructure push can re-ignite economic growth, says RBI Governor Shaktikanta Das. (PTI Photo)

Need to conclude free trade agreements with US, others: RBI Governor

Stating that recent agriculture reforms have opened new opportunities, the RBI Governor said the farm sector is emerging...

27 July 2020 1:18 PM IST

Air India to send certain employees on leave without pay for up to five years. (PTI Photo)

Air India to send staff on leave without pay for upto five years

Air India to send employees on LWP for six months or for a period of two years extendable upto five years

16 July 2020 10:02 AM IST