The Economic Sentiment Indicator (ESI), which is a key indicator for economic sentiments in both the European Union (EU) and the euro area plunged in April at the steepest rate of monthly decline ever recorded for the index, showed official… Read More ›
Day: April 29, 2020
Jaguar Land Rover’s China Production Up To 75% Capacity As Demand Returns
Three-fourth of its budgeted production in China has been restored by the Tata Motors Ltd-owned British luxury carmaker Jaguar Land Rover (JLR), said reports quoting sources with knowledge of the matter. Reports stated that amid a revival of demand in… Read More ›
Research Suggest Halving Of Economic Damage By 8-Month ‘Structured Lockdowns’
According to researchers from Cambridge University and the United States Federal Reserve, the economic destruction because of the coronavirus pandemic if no social distancing measures were imposed by governments if there was enforcement of eight-month “structured lockdowns”. Many countries have… Read More ›
Coronavirus Pandemic Causes US Economy To Shrink By 4.8% In First Quarter
The United State economy – the largest of the world, has contracted to an extent that is the highest in a decade in the first quarter of the current year primarily because of the lockdown and the closure of businesses… Read More ›