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BusinessToday.In
New Delhi, October 22, 2020
Kia Motors India on Wednesday said it has received over 50,000 bookings for its compact SUV Sonet within two months of commencing the process; The International Monetary Fund slashed this year's economic forecast for Asia, reflecting a sharper-than-expected contraction in countries like India; In wake of a deep global recession amid a still unchecked pandemic, the global economy is estimated to contract by 4.3 per cent this year, leaving global output short by over $6 trillion by the year end. Watch this and more on News Blast.Also Read: Dr Reddy's Labs share slips over 4% as firm shuts plants after cyberattack


Anwesha Madhukalya
October 21, 2020
The UNCTAD report also said that it expects South Asia to contract 4.8 per cent and South-East Asia to dip 2.2 per cent. South Asia is expected to recover 3.9 per cent in 2021, while South-East Asia is expected to pull up 4.3 per cent


Associated Press
October 21, 2020
China is one of only three foreign nations the others are Britain and Ireland where Trump maintains a bank account, according to a Times analysis of the president's tax records


Reuters
October 21, 2020
European governments have been tightening controls on Chinese companies building 5G networks, following diplomatic pressure from Washington, which alleges Huawei equipment could be used by Beijing for spying


PTI
October 20, 2020
The agency said as soon as COVID-19 vaccines successfully emerge from trials and are licensed and recommended for use, the world will need as many syringes as doses of vaccine


BusinessToday.In
October 20, 2020
According to the Sydney-based Lowy Institute's Asia Power Index for 2020, India is yielding ground to China, as well as its standing as a future peer adversary to Beijing, has now become less certain, despite its demographic scale, to match the country


Reuters
October 20, 2020
At a virtual summit on increased U.S.-Brazil cooperation aimed at post-pandemic recovery, Pompeo underscored the importance of expanding bilateral economic ties, given what he called \"enormous risk\" stemming from China's significant participation in their economies


Reuters
October 17, 2020
S&P's sovereign group managing director Roberto Sifon-Arevalo said that the immense costs of supporting health systems, firms and workers through the pandemic was fundamentally altering some countries' finances for the worse


Reuters
October 17, 2020
The United States has denounced China's treatment of Uighur and other minority Muslims in Xinjiang and imposed sanctions on officials it blames for abuses


Reuters
October 16, 2020
Speaking at a news conference after a meeting of the IMF's steering committee, Georgieva also called on the United States and China to keep up strong economic stimulus that could help boost a global recovery


BusinessToday.In
October 15, 2020
Happy Birthday Dr APJ Abdul Kalam: This day is celebrated to honour the legacy of Missile Man of India as a scientist, teacher, and author


Reuters
October 14, 2020
The IMF forecast a 2020 global contraction of 4.4% in its latest World Economic Outlook, an improvement over a 5.2% contraction predicted in June, when pandemic-related business closures reached their peak


Reuters
October 13, 2020
Speaking at a military parade on Saturday, Kim became emotional as he paid tribute to troops for their response to national disasters and preventing a coronavirus outbreak and apologised to citizens for failing to raise living standards


BusinessToday.In
October 12, 2020
Females are bigger victims of modern slavery as compared to males in Asia and Pacific (73 per cent), in Africa (71 per cent), in Europe and Central Asia (67 per cent) and in America (63 per cent), as per the UN report


Reuters
October 12, 2020
The government did not disclose financial terms of the deal, its first vaccine purchase, which will provide enough doses to vaccinate 750,000 people


PTI
October 10, 2020
India and China are locked in a five-month-long tense border standoff in eastern Ladakh that has significantly strained their relations


PTI
October 10, 2020
India and China are locked in a bitter border standoff in eastern Ladakh since early May that has significantly strained the bilateral ties


Nirbhay Kumar
October 9, 2020
Air India fears Gulf carriers will eat its market share on long-haul routes such as India-Europe, India-US and India-UK once travel restrictions are lifted


Reuters
October 9, 2020
The Rome-based organisation says it helps some 97 million people in about 88 countries each year and that one in nine people worldwide still do not have enough to eat


BusinessToday.In
October 8, 2020
As per Section 23 of the UGC Act, the use of the term 'University' is prohibited from being used, unless explicitly established as one as per Section 3 of the UGC Act


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