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Statsguru: The trail of Covid-19 destruction and a resulting recession

According to the International Monetary Fund, the pandemic is expected to cause the biggest recession since the Great Depression

Covid-19: Global economic contraction in H1 of 2020 inevitable, says IMF

The IMF managing director said the immediate priority was to minimise the pandemic's human toll and economic disruption

IMF, World Bank release funds to aid Covid-19 battle: These nations benefit

More than 2.14 million people in more than 210 countries and territories have been reported to be infected by the coronavirus globally, and as many as 143,744 have died so far

Dangerous crossroads: Extraordinary steps have the habit of becoming habits

Printing money to fund crisis measures is not without risk; countries like the US might get away with it, but the price for excess is always greater for a developing country, writes T N Ninan

Coronavirus impact: Over 100 million Indians could fall below poverty line

Job losses, destruction of informal sector and inadequate government support could push India back by a decade in poverty-reduction progress

Refrain from restrictions on exporting medical supplies: IMF chief Gopinath

Gopinath said that these are difficult times in terms of globalisation for dealing with this pandemic

Amid dire economic forecasts, an urgent govt response is awaited

An economic relief package from the govt is overdue

Top biz headlines: Govt's 2nd stimulus package, economic growth, and more

Business Standard brings to you the top headlines of the day

India to grow at 1.9% in FY21, recover to 7.4% path in 2021-22: IMF

The country will still be the fastest growing large economy this financial year, but it will lose that tag next year to China, says the agency.

World Bank sees India's GDP growth at 1.5-2.8%, lowest since 1991 crisis

Warns social distancing to be a challenge among migrant workers, slum dwellers

Covid-19: Poor countries staring at a debt crisis, says UN report

Many workers in the gig economy, dominated by service sector start-ups, are poorly protected against income losses in a recession

Covid-19: World faces worst crisis since Great Depression, says IMF chief

However, Georgieva added this ominous caution: "It could get worse." There is "tremendous uncertainty around the outlook" and the duration of the pandemic, Georgieva said

Internationalising the Covid-19 crisis

If the international community wants to avoid a wave of defaults, it must develop a rescue plan immediately

Coronavirus-induced recession way worse than 2008 financial crisis: IMF

More than 1 million people worldwide have been infected with Covid-19

IMF can help develop methods to meet Covid-19 related financing: FM at G20

FM was speaking at the 2nd Extraordinary G20 Finance Ministers and Central Bank Governors (FMCBG) meeting, held in a virtual manner.

Best of BS Opinion: A petition for financial emergency, Covid-19, and more

Read what extrapolated policy prescriptions are predicated on. Uddalok Bhattacharya sums up

World coronavirus dispatch: US crosses 100,000 cases; jobs cuts fear global

Read in today's global Covid-19 digest: Horde among machine makers to produce ventilators; world's richest footballers in for a pay cut; Apple's dedicated Covid-19 screening app; and more

Coronavirus has steered us to a recession worse than 2009: IMF chief

"It is clear that we have entered a recession" that will be worse than in 2009 following the global financial crisis, she said in an online press briefing.

IMF to take up Pak's request for financial aid to cope with Covid-19 crisis

On March 4, the IMF had announced that it would support vulnerable countries with different lending facilities

Twenty more countries seek aid from IMF amid coronovirus outbreak

US stock markets were down sharply in mid-morning trading with the S&P 500 index down about 10% and shedding $2 trillion in value