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India’s NSE Paves Way for Landmark IPO with Record ₹13,880 Crore Settlement 06/25/2025

US may offer Iran access to $30 billion in civilian nuclear investment 06/27/2025

NATO countries committed to increasing defense spending to 5% of GDP by 2035 06/26/2025

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Economics

UK Economy Under Severe Pressure From The Coronavirus Pandemic

The strain from the coronavirus lockdown is putting immense pressure on the economy of the United Kingdom, so much so that it is at the point of crumbling. Borrowings by the government has reached levels that were never before seen in peacetime history which has increased pressure on the government...

The U.S. ‘Paycheck Protection Program’ Ran Out Of Funds

Amid coronavirus outbreak, the economic damages deepens in the U.S. as small businesses are left adrift with the announcement of SBA running out of funds for emergency loan programme used to bear the cost of payrolls of small business workers. Last week, the U.S. “Small Business Administration” had...

Gloomiest Picture For Euro Zone Economy On Record: Reuters Poll

The economy of the euro zone, which is already in one of the deepest recessions on record, is set to face even a worse downturn as the economic impacts of the coronavirus lockdown in the countries of the region starts taking its toll on the economic bloc, according to a poll of economists conducted...

China’s Economy To Rebound After First Quarter Contraction Due To Viral Pandemic

According to analysts, following contraction in the Chinese economy in the first quarter of the current year because of the coronavirus pandemic, it should recover and do well for the rest of the year. According to data released last Friday by China's National Bureau of Statistics, there was a...

Employees In UK’s UK Finance Sector Seeking Job Change In Q1 Rose By 43%

According to official that was released in the United Kingdom on Monday, during the first quarter of the current year, the number of finance professionals in the country who are currently looking out for new jobs has increased by a whopping 40 per cent compared to the last three months of 2019....

Trump Details 3-Phased Plan For Opening Up US Economy From Coronavirus Restrictions

United States president Donald Trump unveiled new plans and guidelines to open up the economy by gradually lifting coronavirus-related restrictions on citizens and businesses for states and localities in an effort to turn the focus of America towards rejuvenating the economy that has been...

Chinese Growth Shrinks For The First Time Since Late 1970s

The coronavirus pandemic that hit China at the beginning of the current year has caused a contraction of its economy for the first time in more than 40 years. The Chinese economy had been enjoying an uninterrupted growth since the late 1970s. According to data from the National Bureau of...

IMF Predicts Huge Hit To Australian Economy Due To Coronavirus Pandemic

The economic impact of the coronavirus pandemic will impact the Australian economy and the hit will likely be the worst among the countries in the Asian region, warned the International Monetary Fund (IMF). A dire picture for growth and unemployment in 2020 was painted by the...

China’s March Exports Drop Less Than Expected, Surprise Growth In Imports

Exports for the month of March for the Chinese economy dropped less than was being expected by the market even as the country noted a surprise increase in imports amidst the novel coronavirus pandemic wrecking havoc through the world and has impacted global demand as well as the ability of China to...

US Nearing Completion Of Plan To Reopen Economy, Says Trump

Plans to reopen the almost stalled economy of the United States because of the spread of the novel coronavirus pandemic was close to be completed, said the US President Donald Trump said on Monday. The number of people dying of the virus pandemic in the country was starting signs of...