Articles for Economic Impact

UK economy shrinks again in another blow to Reeves, new figures show
1 week, 3 days ago

UK economy shrinks again in another blow to Reeves, new figures show

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Rachel Reeves said the figures were disappointing “We are determined to deliver economic growth as …

Economy Growth Budget Economic Growth Reeves Figures Westminster Email
2023 ODI World Cup in India generated economic impact of $1.39 billion: ICC
3 months, 1 week ago

2023 ODI World Cup in India generated economic impact of $1.39 billion: ICC

The Hindu  

The 2023 ODI World Cup in India created an "economic impact" of $1.39 billion with tourism among the biggest beneficiaries, according to a report released by the International Cricket Council on Wednesday. The Economic Impact Assessment conducted by Nielsen for the ICC, claimed that the mega-event held in October-November last year was the biggest ever ODI World Cup. "The ICC …

India World Impact Economic Economic Impact Cup Icc
Kentucky tourism continues record-setting pace in 2023 with nearly $14 billion in economic impact
6 months, 3 weeks ago

Kentucky tourism continues record-setting pace in 2023 with nearly $14 billion in economic impact

Associated Press  

FRANKFORT, Ky. — Kentucky’s tourism industry stayed on its record-setting pace in 2023, generating an economic impact approaching $14 billion while sustaining nearly 100,000 jobs, Gov. Travelers visiting the Bluegrass State last year spent $9.7 billion as tourism continued its post-pandemic momentum as a key contributor to Kentucky’s growing economy, the Democratic governor said. Last year was even better, with …

Tourism Impact Economic Economic Impact Kentucky Billion Beshear
The staggering economic impact of the Indian diaspora
9 months ago

The staggering economic impact of the Indian diaspora

BBC  

The staggering economic impact of the Indian diaspora Getty Images As high-earning Indians settle abroad, they're infusing billions into local economies. Courtesy of Shubhangi Sharma Dr Shubhangi Sharma and Shivansh Tyagi have moved their investments from India to Germany, and are in the process of buying a house Indians in Germany are emblematic of a wider story linked to the …

India Diaspora Germany Indian Economic Impact Holi Sharma
The economic impact of the first leg of Taylor Swift’s Eras Tour | Explained
1 year, 3 months ago

The economic impact of the first leg of Taylor Swift’s Eras Tour | Explained

The Hindu  

The story so far: On August 31, U.S. musician Taylor Swift announced that her spectacular Eras Tour will premiere as a three-hour movie across theatres in North America on October 13. JUST IN - Glendale Mayor temporarily renames the city "Swift City" in honor of @taylorswift13 kicking off her Eras Tour March 17th and 18th at State Farm Stadium @abc15pic.twitter.com/F0aUl9vu4k …

Europe Record Taylor Swift Economic Impact Stadium Philadelphia Metlife Stadium
First Formula E race had positive impact on Hyderabad’s economy
1 year, 4 months ago

First Formula E race had positive impact on Hyderabad’s economy

The Hindu  

Formula E’s first-ever race in India, the 2023 Greenko Hyderabad E-Prix, hosted in collaboration with the Telangana government, delivered an economic impact of nearly USD 84 million, according to a report. The economic study conducted by Nielsen Sports Analysis calculated an USD 83.7 million uplift to Hyderabad’s economy as a result of the ABB FIA Formula E World Championship’s debut …

India Hyderabad Race Economic Impact Formula Formula E
Commentary: Taxpayer money for a stadium? It’s Rob Manfred vs. the economists
1 year, 5 months ago

Commentary: Taxpayer money for a stadium? It’s Rob Manfred vs. the economists

LA Times  

MLB Commissioner Rob Manfred looks on during the draft Sunday in Seattle. Three scholars analyzed more than 130 studies on that issue and came to this conclusion: “Nearly all empirical studies find little to no tangible impacts of sports teams and facilities on local economic activity, and the level of venue subsidies typically provided far exceeds any economic benefits.” In …

Impact Economic Economic Impact Baseball Stadium Nevada Nfl
Technology not only about economic growth: Nadella
1 year, 11 months ago

Technology not only about economic growth: Nadella

The Hindu  

By design, any technology that does not have a social impact that is ultimately good is not worth it, said Microsoft Chairman and CEO Satya Nadella on Wednesday. People are using AI to create more inclusion which is fantastic,” Mr. Nadella said, adding that ultimately, technology and AI will create displacement. Societal outcomes are never about one institution or one …

Technology Tech Nadella Microsoft India
How sports helped drag L.A. out of pandemic unemployment rut
2 years, 1 month ago

How sports helped drag L.A. out of pandemic unemployment rut

LA Times  

Fans take in the game between the Rams and the San Francisco 49ers at SoFi Stadium on Oct. 30. The roughly 10 million fans attending the home games of the 12 major professional teams in Los Angeles and Orange counties last year boosted opportunities for cooks, bartenders, waiters, customer service associates and other jobs that require people to show up …

Industry Economic Economic Impact Stadium Sedgwick Sofi Stadium
Sustainable capitalism for a better future
2 years, 2 months ago

Sustainable capitalism for a better future

The Independent  

ecolytiq is a Business Reporter client Growth is usually a good thing. If we were to continue on a modest path of 3 per cent global economic growth each year proposed by institutions such as the IMF and World Bank, we would likely double our environmental impact in 24 years. A recent climate stress test performed by the European Central …

Climate Change Sustainability Growth Climate Environmental Transparency More Transparency
The judiciary must aim for harmony on complex issues
2 years, 2 months ago

The judiciary must aim for harmony on complex issues

Live Mint  

Agriculture has been an intrusion in our ecosystem for centuries, causing many changes, mostly suboptimal. To highlight adverse unintended consequences of select judicial decisions and support economically responsible justice, CUTS International has been implementing a programme whose first project was an assessment of the impact of the Supreme Court decision prohibiting the sale of liquor along highways. To help achieve …

India Economic Impact Decisions Such Decisions Judicial Decisions
Omicron Scare: Impact Of New Variant To Be Less Severe On India’s Economy, Says FinMin Report
3 years ago

Omicron Scare: Impact Of New Variant To Be Less Severe On India’s Economy, Says FinMin Report

ABP News  

New Delhi: As the Omicron variant of the deadly Covid-19 virus has raised concerns globally, the latest study pointed out that India will be among only a few economies in the world to rebound strongly from Covid-induced economic contraction of 2020-21. The finance ministry report assuaged concerns saying that the Omicron variant's impact on the Indian economy will be less …

India Omicron
Commentary: Lose the All-Star game and lose big? That’s simply a big myth
3 years, 5 months ago

Commentary: Lose the All-Star game and lose big? That’s simply a big myth

LA Times  

Major League Baseball moved the All-Star game from Atlanta to Denver after Georgia adopted a law that voting rights advocates say makes it harder for people to vote. And let us get right to the point: Despite a narrative concocted from one flimsily supported statement and amplified across the country, there is no evidence that the Atlanta area lost $100 …

Georgia Game Economic Impact Atlanta Million League 100
Economic impact of 2nd Covid-19 wave could worsen in coming weeks. Here's why
3 years, 8 months ago

Economic impact of 2nd Covid-19 wave could worsen in coming weeks. Here's why

India Today  

A sharp surge in daily cases during the second wave of the Covid-19 pandemic has led to stricter lockdowns in most states. Brokerage firm Nomura recently said in a report that the pace of business activity resumption has taken a huge knock due to the mobility restrictions across Indian states. Business activity in India has started plummeting since the second …

India Impact Economic Economic Impact Second Covid Wave
Initiative at Garhwal varsity to evaluate economic impact of women working in hills: Pokhriyal
4 years ago

Initiative at Garhwal varsity to evaluate economic impact of women working in hills: Pokhriyal

Hindustan Times  

The new initiative - Indian Himalayan Central University Consortium - launched by NITI Aayog at Garhwal university will evaluate economic impact of women workers in the hilly regions of the Himalayan states, union education minister Ramesh Pokhriyal Nishank said at the convocation ceremony of the university on Tuesday. Convocation Ceremony at Garhwal university “The consortium should work on agro-ecology of …

University Economic Impact Garhwal Himalayan Garhwal University
As 2-wheeler Sales Pick Up, it's Yet Not Time to Cheer as Covid-19 Peak May Impact Recovery
4 years, 1 month ago

As 2-wheeler Sales Pick Up, it's Yet Not Time to Cheer as Covid-19 Peak May Impact Recovery

News 18  

The signs are unmistakable. But this rise in tax collections or sales of vehicles need to sustain in the coming months, without high discounts and in more geographies, for economic recovery to take effect. The key to broad-based economic recovery has to be sustained growth in most of these metrics – retail vehicle sales, GST, income tax and corporate tax …

India Recovery Economic Sales Economic Recovery Month Demand
Ministers agree more help for companies, theatres hit by coronavirus
4 years, 1 month ago

Ministers agree more help for companies, theatres hit by coronavirus

Dutch News  

Ministers have agreed to extend financial help for companies facing difficulty meeting their fixed costs because of coronavirus to support industries, including suppliers and transport firms. Event organisers will also be able to claim an additional payment averaging around €14,000 and €40m has been set aside to help theatres which do not get subsidies but have been hit by show …

Ministers
Quarantine: ‘Devastating economic impact’ if testing is not an option, says global travel leader
4 years, 3 months ago

Quarantine: ‘Devastating economic impact’ if testing is not an option, says global travel leader

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “It’s impossible to understand why the UK is reacting with more quarantine measures, which have a devastating economic impact, rather …

Travel Economic Impact Cent 7 Per Cent