Coronavirus Impact on Global Indexes (2020)

India, currently in stage II of the novel coronavirus Global with over 500 cases reported throughout the country. This has resulted in an entire country imposing a lockdown. The center is still caught up in its efforts to make the gravity of the situation heard with the PM himself addressing the nation. The PM also had requested the nation to take part in a self-imposed curfew along with a noteworthy attempt at a show of…

"Coronavirus Impact on Global Indexes (2020)"

Retail trade suffered loss of 9 lakh crore in Lockdown

The Confederation of All India Traders (CAIT) stated in a press release on Sunday that the retail business suffered a loss of 9 lakh crore since the start of the coronavirus-necessitated lockdown on March 24. It stated that shops and commercial markets could register only about 5% of business and only 8% of the workforce could resume their duties in the shops. Even though about 80% of employees of these establishments returned to their native…

"Retail trade suffered loss of 9 lakh crore in Lockdown"