Coronavirus Business Impact
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Latest Update on Business News and Startup News Allow online sale of alcohol: Liquor body to government Liquor body Confederation of Indian Alcoholic Beverage Companies (CIABC) has asked the central and state governments to permit the online sale of alcohol amid lockdown. CIABC said taxes on alcoholic beverage is an "important source of revenue for sta…
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Business news and Startup news World is facing worst recession since the Great Depression, warns IMF The COVID-19 pandemic will turn global economic growth "sharply negative" in 2020, triggering the worst economic crisis since the 1930s Great Depression, IMF Managing Director Kristalina Georfieva said. She said the crisis would hit emerging mark…
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Business & Startup News Govt can spend $18 billion to fight coronavirus impact US-based Jefferies Financial Group said India has the capability to spend $18 billion towards fighting coronavirus if it expands it fiscal deficit target by 1%. "Budget shortfall is targetted at 3.8% of GDP in the current year and 3.5% in the year starting April,&qu…
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Coronavirus Business Impact
Business and Startup News Coronavirus Pandemic to leave behind a global recession : Anand mahindra Billionaire Anand Mahindra has said the coronavirus will eventually be conquered but will leave behind " a global recession ". He said, "Costs of that are incalculably high..Most fearsome toll will be on small business,self-employed &…
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