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The brief named %u2018The Economic Impact of the COVID-19 Outbreak on Developing Asia%u2019 also reported that transport services in the country will lose up to Rs 14.28 thousand crore in the same scenario.

India’s GDP may shrink by Rs 2 lakh crore in case of major coronavirus outbreak, says ADB

7 March 2020 12:10 PM IST

March 7, 2020: In a brief on the impact of novel coronavirus on Asian economies released by Asian Development Bank (ADB) on Friday had estimated that...

The domestic cotton spinning industry is highly dependent on exports, particularly to China.

Coronavirus: Cotton industry suffers as China accounted for one-third of exports

6 March 2020 3:21 PM IST

March 6, 2020: The coronavirus outbreak in China has not spared India’s cotton yarn exports either and has started exerting pressure on yarn...

IATA called out regulators worldwide to help the industry plan for today%u2019s emergency, and the future recovery of the network, by suspending the slot use rules on a temporary basis.

Coronavirus: IATA calls out for global suspension of slot rules

3 March 2020 12:31 PM IST

March 3, 2020: The International Air Transport Association (IATA) requested aviation regulators worldwide to immediately suspend the rules governing...

The situation is more alarming in the case of intermediates of stages prior to APIs and KSMs which are the building blocks for the drugs, wherein, in some cases, China is the exclusive supplier.

Coronavirus: Find out how much Indian pharma is exposed to Chinese Imports

22 Feb 2020 4:15 PM IST

February 22, 2020: The credit rating agency, ICRA has revised its outlook on the Indian pharmaceutical industry from stable to negative in view of the...

The bulk of which would be borne by carriers registered in China, with $12.8 billion loss in the China domestic market alone.

Coronavirus: IATA predicts $27.8 billion revenue loss for Asia-Pacific airlines in 2020

22 Feb 2020 1:09 PM IST

February 22, 2020: The International Air Transport Association (IATA) released its initial assessment of the impact of the Novel Coronavirus 2019...

China accounts for 27% of India%u2019s auto component imports valued at $ 4.8 billion.

Coronavirus: Read how much Indian automotive supply chain is exposed to China

21 Feb 2020 1:26 PM IST

February 21, 2020: The outbreak of Novel Coronavirus (COVID -19 ) across China and South -East Asia, which has already killed 2200 people, has...