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Tuesday, July 14, 2020
INTERNATIONAL

INTERNATIONAL

Covid-19 crisis to sink global economy in 2020; India’s GDP to shrink 4.5 per...

KEY emerging market economies are taking a severe hit to GDP amid the coronavirus pandemic, with India seeing the first contraction in decades, the...

World to witness worst recession in 150 years due to Covid-19: World Bank

THE Covid-19 pandemic inflicted a “swift and massive shock” that has caused the broadest collapse of the global economy since 1870 despite unprecedented government...

Accenture acquires Ahmedabad-based Byte Prophecy to boost AI, digital analytics capabilities

Accenture acquired Ahmedabad-based IT company Byte Prophecy on Monday (18) for an undisclosed amount to meet the growing demand for enterprise-scale artificial intelligence (AI)...

Novartis scraps sale of assets including COVID-19 hopeful to India’s Aurobindo

NOVARTIS AG on Thursday (2) scrapped the $1 billion sale of U.S. generic pill and skin drug assets to India's Aurobindo Pharma Ltd as...

COVID-19 to hit Asia’s growth: World Bank

The coronavirus pandemic is expected to sharply slow growth in developing economies in East Asia and the Pacific as well as China, the World...

IMF declares global recession

The International Monetary Fund (IMF) said that the world has entered a recession due to COVID-19 pandemic. It projects a recovery next year. "We have...

Women-led businesses face a credit gap of $1.5 trillion: World Bank

GLOBALLY, women-led businesses face a credit gap of $1.5 trillion, estimates the  International Finance Corporation (IFC), the World Bank Group’s private-sector lending arm. The Women...

Corona beer: Accidental victim of virus spread

THERE is an accidental victim to the coronavirus spread in the word-a beer brand. Anheuser-Busch In Bev, commonly known as AB InBev, which owns ‘Corona...

Coronavirus may hit Samsung output from Vietnam

Vietnam's manufacturing sector is suffering supply chain problems caused by the coronavirus epidemic, which may delay production of Samsung Electronics' new phones, the Ministry...
Leather worker in India.

Report shines light on human rights, labour abuses in India’s leather industry

By Drew McLachlan  A new report has highlighted the hazardous conditions in some of India’s leather industries, with some 2.5 million workers said to endure unacceptable working conditions that...