Economic measures taken by countries during pandemic may have unintended consequences: IMF
The Hindu
The global economy is beginning to emerge from the economic shock caused by the COVID 19 pandemic, Tobias Adrian, Director of the IMF's Monetary and Capital Markets Department, said on Tuesday
The actions taken by countries during the coronavirus pandemic to prevent a deeper economic downturn may have unintended consequences, according to a top IMF official. The global economy is beginning to emerge from the economic shock caused by the COVID 19 pandemic, Tobias Adrian, Director of the IMF's Monetary and Capital Markets Department, told reporters at a news conference here on Tuesday. “The economy has benefited from extraordinary policy measures that have eased financial conditions, preventing a deeper economic downturn. But those actions may have unintended consequences,” Adrian said.
Central Silk Board has an ambitious target of doubling the country’s silk value chain, currently pegged at ₹55,000 crore, by 2030, said P. Sivakumar, Member Secretary, Central Silk Board, a body that works under the Ministry of Textiles and is responsible for the overall development of the country’s sericulture.
The I&B Ministry's Live Events Development Cell aims to boost India's concert economy, enhancing employment and tourism growth.
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Coal buyers from Bangladesh, Bhutan, and Nepal can now directly participate in CIL's online auctions, enhancing transparency and efficiency.
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Indian rupee breaches 90 against the U.S. dollar, settling at 90.20 amid foreign outflows and macroeconomic concerns.
Maruti Suzuki achieves record production of over 22.55 lakh vehicles in 2025, spanning domestic sales, exports, and OEM supplies.
London's FTSE 100 index surpasses 10,000 points for the first time, marking a historic milestone in stock market performance.
FAIFA warns that increased tobacco duties will harm farmers and fuel smuggling, contradicting government tax reform promises.