Tag Archives: emergency shutdown

Covid-19: what you need to know today

The Reserve Bank of India (RBI) on Friday revised its GDP growth estimate for 2020-21 to -9.5%, down from the August estimate of -4.5% given in its annual report, indicating the pain that the economy is likely to suffer this year due to the coronavirus disease. RBI tends to be …

Read More »

The World Bank expects a steeper cut in India’s GDP for fiscal year 21, estimating a 9.2% drop from 3.2%

NEW DELHI: The World Bank on Thursday projected a 9.2% contraction for the Indian economy, steeper than the 3.2% estimated in June, highlighting the impact of the pandemic-induced lockdown and the income impact experienced by households and small businesses. urban service companies. “However, there is substantial uncertainty related to the …

Read More »

Mumbai restaurants to open from Monday

There are more than 1 lakh of restaurants in Mumbai alone (Representative) Mumbai: More than 4 lakh of restaurants, bars and hotels in Maharashtra will reopen on Monday after a lapse of six months as part of the fifth phase of easing of COVID-19 restrictions called Unlocking 5. They were …

Read More »