Nearly 100 million workers in 35 advanced and emerging countries could be at high risk because they are unable to do their jobs remotely, the International Monetary Fund has said
IMF's chief economist Gita Gopinath told an online event that there would be "much more persistent need for debt relief for the poorer nations of this world" given the pandemic.
Buying a random selection, you will pick up some multi-baggers. But there will be considerable suffering for others
The most urgent policy priorities have been obvious since the beginning, but they will require a show of political will
According to him, the near-term growth outlook in India continues to be clouded by the global and domestic slowdown and uncertainties relating to the evolution of the coronavirus pandemic
The IMF on Tuesday forecast a deeper global recession than initially anticipated, as business closures, travel restrictions and social distancing measures persist in most countries
Asia's policy makers need to remember that when plotting the path ahead as economies emerge from lockdowns
The disconnect between financial markets and the real economy can be illustrated by the recent decoupling between the soaring US equity markets and plunging consumer confidence
All that happened in the markets today
Gopinath said the economic crisis triggered by the novel coronavirus pandemic was more global and playing out differently than past crises
From rising Covid-19 infections in India, Bangladesh and Pakistan, to Twitter cracking down on Chinese propaganda, and Japan's $298-billion stimulus - read these and more in today's world dispatch
Look at UBI primarily as a means of relieving economic insecurity, not economic inequality
From fuel price hikes for the second day in a row to Moody's report on air passenger traffic in 2021, here are the top headlines of the day
India's pivotal position in South Asia, its strong economic ties with ASEAN+6 countries and its presence in the G20 make its participation critical
According to the World Bank, 60 million people worldwide will fall back into extreme poverty as a result of the severe economic crisis unleashed by Sars-CoV-2
Maharashtra can expect to get additional funding from the increased allocation of Rs 40,000 crore to the Mahatma Gandhi National Rural Employment Guarantee Act announced by the Centre
The world gross domestic product is expected to contract by 3%, international trade may decline by up to 32%, and 49 million people could slip into extreme poverty
So, while we have achieved some success on the health front, are the steps taken to revive the economy adequate?
Policy predictability and an unambiguous long-term blueprint are essential for private investors
While the measures over the last two days focus on some of the structural changes, the economy is now looking forward to steps that would lead to an increase in demand