Economy

Spain plans to support Automobile Sector with 3.7 billion Euros package

Spain plans to support Automobile Sector with 3.7 billion Euros package

Spanish government is planning to offer help to ailing automobile sector with Euros 3.7 billion package, as per statement issued by Prime Minister Pedro Sanchez.

Rajiv Bajaj on COVID-19 Lockdowns: India flattened the wrong curve

Rajiv Bajaj on COVID-19 Lockdowns: India flattened the wrong curve

Bajaj Auto Managing Director Rajiv Bajaj is the only business leader in India who has spoken against the BJP government’s action to deal with COVID-19 pandemic.

Economic Activity Contracts in India with PMI at 30.8 in May

Economic Activity Contracts in India with PMI at 30.8 in May

Indian government announced opening up of many sectors during May.

German Government proposes Euro 5 billion Stimulus package for Automobile Industry

German Government proposes Euro 5 billion Stimulus package for Automobile Industry

German Ministry of Economics has proposed a Euro 5 billion stimulus package to help automobile industry, facing tough times due to coronavirus pandemic and lockdowns across Europe and other parts o

81% Hotel Occupancy Decline in India while Singapore manages with just 29.2%

81% Hotel Occupancy Decline in India while Singapore manages with just 29.2%

Occupancies across hotels in key cities witnessed a sharp decline, as travel restrictions intensified and India continued the lockdown.

Argentina Defaults on Payment; Creditors Ready to Resume Debt Discussion

Argentina Defaults on Payment; Creditors Ready to Resume Debt Discussion

Argentina has defaulted on its sovereign debt for the ninth time.

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