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Record GDP slump: What does it mean for jobs, poverty?

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Wed, Sep 02, 2020 | 05:23 PM IST

Record GDP slump: What does it mean for jobs, poverty and growth? Record GDP slump: What does it mean for jobs, poverty and growth?
Analysts say the pandemic may leave behind an economic scar that will reduce the potential growth to about 5-6%.
Five highest selling phones in the world Five highest selling phones in the world
The year 2020 has not been good for the global smartphone market. Multiple reports have shown that the coronavirus pandemic led to huge decline in smartphone sales globally.
COVID wipes out global economic gains COVID wipes out global economic gains
On Monday, India said its economy had collapsed by 23.9 percent. The country is also among those that have reported the most coronavirus deaths, with more than 65,000.
Now, Modi idlis at Rs 10 per plate! Now, Modi idlis at Rs 10 per plate!
At Rs 10 per plate of four idlis, you can't get any cheaper than this. Don't forget about complimentary sambar!
Will poorer countries get Covid vaccines in time Will poorer countries get Covid vaccines in time
Just seven months after the outbreak of the pandemic, some developed countries have put in orders for at least 3.1 billion doses. This is a worry among poor countries that their richer counterparts may outbid them while buying Covid vaccines.
Skoda reveals its first electric SUV, the Enyaq iV Skoda reveals its first electric SUV, the Enyaq iV
Skoda has taken the curtains off its first electric SUV, the Enyaq iV. Skoda has also introduced a limited version of the SUV called Enyaq iV Founders Edition. Only 1,895 units of the same will be available.
All about Apple and Google's virus-tracking tech All about Apple and Google's virus-tracking tech
The technology relies on Bluetooth wireless signals to determine whether an individual has spent time near anyone else who has tested positive for the virus. Both people in this scenario must be using the Google-Apple app.
Faith across the world tested during COVID Faith across the world tested during COVID
In images published in August from Associated Press photographers around the world, religious services, sacred ceremonies and holiday observances took place with people trying to keep themselves and each other safe amid an unabating pandemic.
US uses Cold war bombers to keep China in check US uses Cold war bombers to keep China in check
Since late January, American B-1B and B-52 bombers, usually operating in pairs, have flown about 20 missions over key waterways, including the South China Sea, the East China Sea and the Sea of Japan.
A 1,000 rupee gadget is keeping tab on COVID numbers A 1,000 rupee gadget is keeping tab on COVID numbers
Delhi's govt has so far distributed pulse oximeters to more than 32,000 people for free, putting them at the heart of a plan to isolate most asymptomatic or mildly symptomatic coronavirus patients in their homes.
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