India is expected to enter recession following the quarantine imposed on the world’s second most populous country. The recent plunge in the PMI activity index highlights the huge economic costs of lockdown. But the worst is yet to come. We expect GDP growth to contract by 0.9% in 2020, well below the 7% norm of recent years. Risks are numerous should the accumulated structural weakness backfire during this unprecedented crisis. Read more
Tag Archives: India
Zynga Celebrates Bugatti’s 110th Anniversary with Special CSR Racing 2 Event Series
Players Can Race and Collect Exclusive Bugatti-Engineered Hyper Sports Cars in Game
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Delhi residents look to move out of smog choked city
NEW DELHI, INDIA (NOVEMBER 14, 2017) (ANI) – New Delhi residents on Tuesday (November 14) said they wanted to leave the city to be able to breathe easy as a thick cloud of toxic smog continued to hang over the capital for a second week.
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State government calls off car rationing in New Delhi
NEW DELHI, INDIA (NOVEMBER 11, 2017) (ANI) – The Delhi government on Saturday (November 11) called off the “odd-even” car rationing scheme after country’s top environmental court had allowed the same but denied any relaxation for women drivers.
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Rwanda laughs out loud with 1st international comedy festival
The first ever Kigali International Comedy Festival held at the weekend featured popular local and international acts in an event organisers hope can give people a platform to further express themselves. Continue reading
Thirty newborns die in 48 hours at India hospital
GORAKHPUR, UTTAR PRADESH STATE, INDIA (NOVEMBER 5, 2017) (ANI) – Thirty newborns died within 48 hours at a state-run hospital in India’s northern Uttar Pradesh state, medical college confirmed on Sunday (November 5). Continue reading
Facebook investigating WhatsApp outage
Facebook’s WhatsApp messenger suffered a temporary outage in India and many other countries, according to reports from multiple users on Facebook and Twitter on Friday. Fred Katayama reports. Continue reading
India cracks down on air pollution as Diwali begins
The Indian government orders diesel generators and a power plant in Delhi to be shut down as air quality in the capital deteriorates ahead of the Hindu festival of lights, when a night of firecrackers sends pollution levels rocketing. Samantha Vadas reports. Continue reading
Solar cars begin race across Australian desert
DARWIN, AUSTRALIA (OCTOBER 8, 2017) (BRIDGESTONE WORLD SOLAR CHALLENGE) – The World Solar Challenge began on Sunday (October 8) with nearly 40 solar cars crossing Australia’s tropical north to its southern shores, a gruelling 3,000 km (1,864 mile) race through the outback. Continue reading
Stampede in India’s financial capital kills at least 22
MUMBAI, MAHARASHTRA, INDIA (SEPTEMBER 29, 2017) (ANI) – A string of ambulances arrived at a hospital in India’s financial hub of Mumbai on Friday (September 29) after at least 22 people were killed and more than 30 wounded in a rush hour stampede during a sudden monsoon downpour at a railway station.
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