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Asia’s surging coronavirus infections and slow pace of vaccinations is testing the limits of what central banks can do to further support what, until recently, had been the world’s stand out economic recovery. With interest rates already low, the likely policy response will center on more government borrowing, relegating central banks to a supporting role. That backdrop will overshadow decisions this week where policy makers are expected to keep rates on hold -- Indonesia, South Korea and New Zealand. “In my view, there is little room for further monetary policy stimulus, at least in...

BusinessWorld May 26, 2021 | 12:03 am ASIA’s surging coronavirus infections and slow pace of vaccinations is testing the limits of what central banks can do to further support what, until recently, had been the world’s stand out economic recovery. With interest rates already low, the likely policy response will center on more government borrowing, relegating central banks to a supporting role. That backdrop will overshadow decisions this week where policy makers are expected to keep rates on hold — Indonesia, South Korea and New Zealand. “In my view, there ...

CII appreciates Telangana govt’s decision to impose lockdown By News Desk|   Published: 11th May 2021 5:54 pm IST Hyderabad: The Confederation of Indian Industry today appreciated the lockdown imposed by the government of Telangana. The CII said that during the current pandemic situation, saving lives should be the topmost priority and CII Telangana appreciates the government of Telangana’s decision to impose statewide lockdown for 10 days starting from 12 May. Mr Sameer Goel, Chairman, CII Telangana said that there is a need to break the chain and minimize the transmission links to the ...

Industries Department stresses on operations with appropriate COVID-19 protocols The Confederation of Indian Industry, Telangana (CII-TS) has appreciated Telangana government on its decision to impose State-wide lockdown for ten days from May 12. “During the current pandemic situation, saving lives should be the top most priority,” CII Telangana Chairman Sameer Goel said in a statement. There is a need to break the chain and minimise the transmission links and the lockdown may help. All essential services, prioritised sectors should be allowed to function, he said. A GO from Industries a...

Pat for TS efforts to propel drone ecosystem Updated: Updated: Share Article AAA A senior official in the Union Ministry of Civil Aviation on Friday said that Telangana is creating a robust ecosystem for drone in the country. Joint Secretary Amber Dubey said this while urging stakeholders in the area of drone to focus on creating intelligent algorithms, software and IP since these are poised to play a key role ahead. The official, who was addressing a virtual conference on drones organised by industry body CII, also congratulated the State government on receiving the Ministry approval for co...