Image for Representation. The meeting of OPEC and allies such as Russia has been scheduled for Monday, April 6, the Azeri energy ministry said, but…
Posts published in “Business”
A file photo of Yes Bank founder Rana Kapoor. (Reuters) Kapoor, 62, had sought bail claiming that his prevailing medical condition puts him at the…
A Moody’s sign is displayed on 7 World Trade Center, the company’s corporate headquarters in New York. (File photo: Reuters/Brendan McDermid) The global ratings agency…
Image for representation. The market will open at 10 am instead of the current 9 am and closing timings too have been revised to 2…
Falling revenue collections and rising expenditure put pressure on government finances in 2019-20, leading to higher market borrowings both by the Centre and the states,…
The coronavirus pandemic would have a debilitating impact on India’s tourism sector with the industry estimating an overall loss of Rs 5 lakh crore and…
Equity benchmark indices slipped further on Friday as banks and financial stocks dragged with investors expecting a deterioration in their asset qualities due to disruption…
The economic crisis spawned by the coronavirus pandemic has produced a wave of grim US data, with likely more to come as millions lose jobs,…
Airlines in India are all set to resume flights post the lockdown period, however, the issue of refunds for flights cancelled between March 25 and…
Fitch Ratings on Friday said it has slashed India’s growth forecast for the current fiscal to a 30-year low of 2 per cent, from 5.1…
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related to the global…
Representative Image (Reuters). Moody’s Investor Service last month also slashed its estimate for India’s GDP growth during 2020 calendar year to 2.5 per cent and…
A man wearing a protective mask walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 13, 2020. REUTERS/Francis Mascarenhas/File photo Axis Bank…
Despite Indian economy facing the brunt of nationwide lockdown after the outbreak of the Covid-19 pandemic, the government’s digital payments system Unified Payments Interface (UPI)…
Representative image (Reuters) Jindal Steel and Power informed exchanges that the company has reported its highest domestic and overseas steel and related products production and…
Representative image. (Reuters) The Asian Development Bank said its baseline forecast called for growth in developing Asia, a group of 45 economies that includes China…
Image for representation. Forex traders said weak opening in domestic equities dragged the local unit amid mounting fears of a coronavirus-led economic slowdown. PTI Last…
Finance Minister Nirmala Sitharaman. The move comes after Finance Minister Nirmala Sitharaman announced that women Jan Dhan account holders would get Rs 500 for three…
Representative image (Reuters) After giving up over 7% since the start of the year, the rupee fell to a record low of 76.42 to the…
Image for Representation. (Reuters) Oil markets have been in turmoil for weeks after top producer Riyadh cut prices amid a row with Moscow, and then…
Image for Representation (Reuters) Trade union Unite said in a statement it had ‘reached agreement with the company’ to use the government’s business support programme…
India Active Cases 1,860 Total Confirmed 2,069 Cured/Discharged 155 Total DEATHS 53 Source: News18
Video conferencing app Zoom, whose popularity skyrocketed due to the global lockdown amid coronavirus pandemic, is under scrutiny after concerns were raised over its data privacy…
Image for Representation. In a report, energy analysts have said that a situation like global oil storage reaching its maximum capacity in a few weeks…
A security guard wearing a mask as a precaution against the new coronavirus stands at the Bombay Stock Exchange (BSE) building in Mumbai (AP Photo/Rafiq…
Zoom’s daily users ballooned to more than 200 million in March from a previous maximum total of 10 million, the video conferencing app’s boss Eric…
Image for representation only. Irdai informed that the 29 companies allowed to market this health insurance product include Bharti Axa, Chola MS, Max Bupa, Bajaj…
File photo of Oil and Natural Gas Corp’s (ONGC) logo. (Image : Reuters) Prices of natural gas was from April 1 cut to USD 2.39…
Representative Image (Reuters) The credit ratio, or the number of companies upgraded to those downgraded, slipped to 0.77 for the September 2019-March 2020 period, down…
FILE PHOTO: A worker monitors a production line at a Top Glove factory in Meru outside Kuala Lumpur, June 25, 2009. REUTERS/Bazuki Muhammad/File Photo The…
Image for Representation. (File Photo: Reuters) Experts have already made it clear that this is not an interest waiver, but a deferment of payments, meaning…
Image for representation. (Reuters) The pandemic would also adversely impact commercial (office and retail) real estate segment, which had been performing well during the last…
The headquarters of India’s HDFC bank is pictured in Mumbai, India. REUTERS The Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES Fund)…
The world is almost certainly ensnared in a devastating recession delivered by the coronavirus pandemic. Now, fears are growing that the downturn could be far…
A man wearing a mask walks past parked rickshaws during a 21-day nationwide lockdown to slow the spreading of the coronavirus disease (COVID-19), in Kolkata,…
Representative image (Reuters) On the first day of the new financial year, the Sensex closed at 28,265.31, witnessing a fall of 1,203.18 points. On the…
US President Donald Trump is seen from behind the backdrop of the Brady press briefing room as he arrives to lead the daily coronavirus response…
Image for representation. Last week, the Reserve Bank of India (RBI) gave a relief package for retail borrowers and businesses, by way of announcing a…
State Bank of India has given a three-month relief to borrowers under its settlement schemes and will not charge extra interest keeping in mind the…
Image for Representation. (Photo: Reuters) Savings bank accounts with deposits up to Rs 50 lakh will earn 3.25 per cent interest as against existing 3.5…
File photo of Union Bank of India. (Image: Reuters) The merger, effective from Wednesday, will harness rich individual legacies and forge a dynamic shared future,…
Apple more than doubled its donation to China’s efforts to fight COVID-19 to over 50 million yuan ($7 million), CEO Tim Cook posted on Weibo on…
Finance Minister Nirmala Sitharaman (Image: Twitter/Ministry of Finance) Six public sector banks (PSBs) namely Oriental Bank of Commerce, United Bank of India, Syndicate Bank, Andhra…
File photo of a Bank of Baroda branch. This option is for home and auto loan borrowers only and is given under the three-month moratorium…
Image for representation. (Image source) Senior Tata executive referred to the Clauses in the Articles of Association that say shares cannot change hands including to…
Image for representation. Experts have already made it clear that this is not an interest waiver, but a deferment of payments, meaning the additional interest…
Image for representation. Sugar marketing year runs from October to September. The country produced over 330 lakh tonnes of sugar in 2018-19 but output is…
Representative image.(Network18 Creatives) Of the total Rs 97,597 crore revenue, the central GST stood at Rs 19,183 crore, state GST at Rs 25,601 crore and…
Bangladesh, the second-largest apparel producer after China, is set to lose roughly $6 billion in export revenue this financial year amid cancellations from some of…
A logo of Indian Oil is picture outside a fuel station. (File Photo: Reuters/Adnan Abid) Sources said IOC has asked the four suppliers to defer…
File photo of former finance minister and senior Congress leader P Chidambaram. He also said though India’s GDP for the last quarter could not be…
A file photo of the Bombay Stock Exchange (BSE). Starting the new financial year on a poor note, the 30-share BSE barometer slumped 1,203.18 points…
A GlaxoSmithKline logo is seen outside one of its buildings. (Reuters) Shares of Hindustan Unilever Limited were trading at Rs 2,188 on the BSE, down…
File image (Photo: Reuters) In Delhi, where the price for a 14.2 kg cylinder would cost Rs 805.5, the prices have been slashed by Rs…
As part of the mega-merger of PSU banks, Oriental Bank of Commerce, United Bank of India, Syndicate Bank, Andhra Bank, Corporation Bank and Allahabad Bank…
Image of Indian business tycoon and the chairman of Wipro Limited Azim Premji. Of the Rs 1,125 crore, Wipro Ltd’s commitment is Rs 100 crore,…
New Delhi: The Reserve Bank of India (RBI) on Wednesday announced more measures, including extension of period for realisation and repatriation of export proceeds, to…
File photo of a Xiaomi Facory in India. The Beijing-headquartered electronic conglomerate’s adjusted net profit was 11.5 billion Chinese Yuan, up 34.8 per cent Year-over-Year…
New Delhi: Equity benchmark Sensex slumped over 700 points in early trade on Wednesday tracking losses in index heavyweights Reliance Industries, Kotak Bank, HDFC Bank…
Image for representation only. For the April-June 2020 quarter, 15-year Public Provident Fund scheme will fetch an annual interest rate of 7.1% (compounded annually) as…
Officials at the International Monetary Fund (IMF) have suggested that the banking systems of some countries might have to be recapitalised or even restructured, if…
U.S. Secretary of Energy Dan Brouillette (Reuters) Trump on Monday said Saudi Arabia and Russia “both went crazy” in their oil-price war and added that…
Representative image. (Reuters) Asian shares faced another leg lower on Wednesday as the virus sharply slows global growth, leading a gauge of world stocks to…
The domestic stock market indices Sensex and Nifty rose over 3.5% on positive global cues on the last day of the financial year 2019-2020. The…
Govt Promulgates Ordinance to Give Effect to I-T Compliance, Full Deduction for Donation to PM-CARES
Govt Promulgates Ordinance to Give Effect to I-T Compliance, Full Deduction for Donation to PM-CARES
Representative image. (Reuters) With the promulgation of the Ordinance, the last date for filing income tax returns for 2018-19 as well as that for linking…
File photo of Finance Minister Nirmala Sitharaman. Nirmala Sitharaman also shared with her G20 counterparts the efforts being made by Government of India to deal…
Image for representation. (Twitter/@msnhindi) The exercise assumes significance as it is taking place at a time when the entire country is under the grip of…
The government on Tuesday slashed interest rates on small savings schemes, including National Savings Certificate and Public Provident Fund, by up to 1.4 per cent…
The government on Tuesday extended the existing foreign trade policy (2015-20) for one year till March 2021 amid coronavirus outbreak and the lockdown to contain…
The government has missed the collection target for the current financial year from CPSE disinvestment set in the Revised Estimates of Budget by about Rs…
Representative image/ Reuters CAIT Secretary General Praveen Khandelwal said that even if global economies and other sectors of the Indian economy bounce back sooner than…
Representational image (Image: Reuters) Oil Ministry’s Petroleum Planning and Analysis Cell (PPAC) said the bulk of India’s existing gas production will be priced at USD…
New Delhi: Moneycontrol, India’s leading business news platform, launched the Pro subscription product in April 2019 to serve readers with actionable insights into the stock…
File photo of Finance Minister Nirmala Sitharaman. Finance Minister Nirmala Sitharaman had in her budget for 2020-21 pegged gross borrowing in the new financial year…
The logo of Oil and Natural Gas Corp’s (ONGC) is pictured along a roadside in Ahmedabad. (Image: Reuters) Privatisation-bound Bharat Petroleum Corp Ltd (BPCL) provided…
Overall, around 136 million workers in India, or over half the total workers employed in non-agricultural sectors, have no contracts and remain the most vulnerable…
Image for Representation. Around midday, Europe’s main stock markets were up more than one percent on average. The dollar was higher, while the euro came…
Goyal said that over the last five years the government has taken steps to speed up various projects. (PTI Photo/File) Goyal said that trade facilitative…
An employee works inside a garment factory. (Representative image from Reuters) The eight core sector industries — coal, crude oil, natural gas, refinery products, fertiliser,…
J&J would also need to determine that the vaccine doesn’t backfire and give people a higher chance of getting the disease. The pharmaceutical company has…
Banks, ATMs including IT vendors for banking operations, bank correspondent and ATM operation, and cash management services have been exempted under the guidelines on the…
News18 Creative by Mir Suhail. The CBDT said that cases where the application is pending and where such certificates were issued for fiscal 2019-20, the…
File photo of the Bombay Stock Exchange building in Mumbai. (Reuters) According to traders, domestic investors turned positive amid rebound in global peers as most…
New Delhi: With many getting payment reminders, confusion prevails among borrowers, term-plan investors and credit cardholders over the implementation of the three-month moratorium on all…
New Delhi: The RBI is likely to cut benchmark interest rate by another 100 bps in 2020-21 fiscal and continue to employ all policy tools…
After the lockdown-hit loan borrowers were relieved when last Friday’s RBI announced three months moratorium on EMIs, now with a day to go for the new month and…
Representative Image. People, wearing protective face masks following an outbreak of the coronavirus disease (COVID-19), walk on a street in Tokyo, Japan March 9, 2020.…
Image for Representation. The crisis has been worsened after top producers Saudi Arabia and Russia launched a price war following a row about reducing output…
Image for Representation. (Reuters) At 10:26 am, the benchmark S&P BSE Sensex was trading up 676.78 points, or 2.38%, to 29,117.10, while the Nifty 50…
File photo of Vijay Mallya outside a court in London. (PTI) Mallya, who is wanted in India on alleged fraud and money laundering charges amounting…
Representative Image (Reuters). Forex traders said the rupee is trading in a narrow range as the higher opening in domestic equities supported the local unit,…
Mumbai: Markets opened in the green on Tuesday with the Sensex up by 550 points to touch 28,990, while the Nifty was trading above 8,450…
Image for representation. (Reuters) J&J began working on the vaccine under investigation in January using the same technology it had used to develop a candidate…
File photo of the BSNL office. A total of 78,569 employees of BSNL and 14,387 staffers of MTNL have opted for the voluntary retirement scheme…
Image for Representation. The fixed-rate reverse repo operation – when a player parks excess funds with the RBI for overnight interest – will be available…
A file photo of Reliance Industries Limited Chairman Mukesh Ambani. (Reuters) The Mukesh Ambani-led company today announced it would be donating Rs 500 crore to…
Image for representation. An Airtel official said that the company will not recover Rs 10 credit given to all the pre-paid customers. PTI New Delhi…
Reliance Industries’ chief Mukesh Ambani on Monday committed a further Rs 500 crore to the Prime Minister’s COVID-19 fund, topping up over the multi-crore initiative…
Image for representation. Communications Minister Ravi Shankar Prasad also took stock of performance of essential services under the Department of Telecom and Department of Post,…
New Delhi: A man wearing a mask walks on a deserted street during a nationwide lockdown in New Delhi, Monday, March 30, 2020. (PTI Photo/Kamal…
Image for Representation. This means the world’s top exporter, which already announced a sharp increase for April, will add at least 3.6 million bpd of…
Image for Representation. (Photo: Reuters) To make it easy for people, the ICICI bank has now launched banking service on WhatsApp. Using this service is…
Representative Image.(REUTERS) J&J also committed more than $1 billion of investment along with US agency Biomedical Advanced Research and Development Authority (BARDA) to co-fund vaccine…
Equity benchmark Sensex plummeted over 1,375 points on Monday, tracking heavy losses in banking and auto stocks, amid an unsettling spike in Covid-19 cases. After…
Measures to contain the coronavirus outbreak will slash the German 2020 economic output by 2.8 to 5.4 per cent before a rebound next year, a…
Bear run continued in the Indian stock markets on Monday afternoon with the BSE Sensex falling over 1,375 points. The Nifty50 on the National Stock…
Photo for representation. (Image: PTI) The loss was Rs 78.50 crore before March 22 and Rs 100.03 crore between March 23 and 29, the railways…
Image for representation. The companies, however, said the approvals for plant operations and transportation of goods have eased difficulties in movement of raw materials and…
Coronavirus patients from Italy arrive at Leipzig/Halle Airport by a Lockheed C-130 Hercules military plane belonging to the Italian Air Force, in Schkeuditz, Germany, early…
Ghaziabad: Migrants wait to board a bus to their respective villages during a nationwide lockdown in the wake of coronavirus pandemic, at Kaushambi, in Ghaziabad,…
File photo of Prime Minister Narendra Modi. Average user time spent on news apps also jumped by 76% during the same period. Additionally, there has…
New Delhi: Fitch Solutions on Monday slashed its estimate for India’s GDP growth in the fiscal starting April 1 to 4.6 per cent due to…
New Delhi, Mar 30 (PTI) Sector regulator TRAI has asked telecom operators to extend the validity period of prepaid users to ensure that subscribers get…
File photo of NCP chief Sharad Pawar. “We should be ready to brace the impact of looming economic crisis over the country as all types…
Representative image (Reuters) The benchmark Nikkei 225 was down 3.26 per cent or 631.50 points at 18,757.93 in early trade, while the broader Topix index…
Godfrey Phillips India Ltd shares tumbled nearly 10% in early morning trade on Monday after the cigarette and tobacco company announced that it has suspended…
File photo of a Bank of Baroda branch. Bank of Baroda, has reduced its Baroda Repo Linked Lending Rate by 75 basis points with effect…
China Cuts Reverse Repo Rate By Most in 5 Years to Support Economy Amid Coronavirusvirus-hit economy
China Cuts Reverse Repo Rate By Most in 5 Years to Support Economy Amid Coronavirusvirus-hit economy
Representative image: A woman wearing a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing, China. (REUTERS/Jason Lee)…
Jefferies Group CFO Peg Broadbent. Condoling the death of its 56-year-old CFO, Jefferies Financial Group in a statement said, the company mourns Broadbent’s loss and…
Image for representation. (Image: Reuters) Sun Pharma on Sunday informed stock exchanges that its Halol plant has been classified as ‘Official Action Indicated’ (OAI) by…
Image for Representation. (Reuters) The falls came after the death toll from the pandemic surged past 30,000 at the weekend as cases in hard-hit Europe…
Image for Representation. Oil markets have been plunging for weeks as lockdowns and travel restrictions imposed by governments worldwide to fight the virus sapped demand.…
File Photo of Finance Minister Nirmala Sitharaman. The meeting between the Finance Ministry and Reserve Bank of India (RBI) will be held through video conferencing…
New Delhi: National oil marketing companies have come out on Sunday allaying the fears of consumers about product shortages, saying there is absolutely no shortage…
File image of Adani Group chairman Gautam Adani. Adani joins Tata Group, Reliance Industries and other corporates who have come forward to make contribution to…
The labour ministry has allowed over 6 crore subscribes of retirement fund body EPFO to withdraw an amount not exceeding their three months basic pay…
A municipal works as he disinfects parked supply truck at a yard during a 21-day nationwide lockdown to limit the spreading of coronavirus disease (COVID-19),…
An employee walks past a signage board in the Infosys campus at the Electronics City IT district in Bangalore. (Reuters/File Photo) The market cap of…
Mumbai: As the coronavirus pandemic is triggering fears of a global recession, foreign investors have started rowing back from the Indian capital markets by withdrawing…
Image for representation. The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation…
File photo of Chief Minister Amarinder Singh. In a letter, which followed a telephonic conversation, the Chief Minister sought from Finance Minister Nirmala Sitharaman some…
A Moody’s sign is displayed on the company’s corporate headquarters in New York. (Reuters) (File Photo) Two other major international rating agencies Fitch and S&P…
Google CEO Sundar Pichai Commits $800 Million to Support SMBs, Health Workers Amid COVID-19 Pandemic
Google CEO Sundar Pichai Commits $800 Million to Support SMBs, Health Workers Amid COVID-19 Pandemic
File photo of Alphabet and Google CEO Sundar Pichai (Reuters) As the coronavirus outbreak continues to worsen around the world, it’s taking a devastating toll…
Debt-ridden telecom operators are likely to opt for three-month moratorium to avoid cash crunch during the lockdown, industry body COAI said on Saturday. The telecom…
Finance Minister Nirmala Sitharaman (PTI) Finance Minister Nirmala Sitharaman said she will talk to states and ensure that there are no restrictions in the movement…
File photo of Japan Prime Minister Shinzo Abe. The government will compile a supplementary budget for the fiscal year beginning in April in the next…
A pandemic not only slows down supply, but disrupts even the chain of production. Now, the virus has triggered an unusual shortage: of condoms! The…
As the coronavirus pandemic cripples the global economy, analysts predicted that over 30 million global jobs will be lost. However, this estimate may be incorrect,…
Alphabet Inc will donate more than $800 million (645 million pounds) in funds towards producing medical supplies used to fight COVID-19, and in ad credits to…
Image for representation. (AFP) India is currently under a 21-day lockdown from March 25 to curb the spread of coronavirus. Therefore, all domestic and international…
The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva said…
Image for Representation (IANS) Launched under Ola Foundation, the ‘Drive the Driver Fund’ will support the drivers through contributions from the Ola group, investors and…
A bird flies by the Vedanta office building in Mumbai. (Image: Reuters/File photo) The company said Sunil Duggal, whole-time director and CEO of Hindustan Zinc…
Interest-rate sensitive bank, realty and auto shares which had mostly rallied during morning trade on Friday closed on a mixed note even after the Reserve…
Vistara CEO Leslie Thng on Friday announced senior employees will be going on compulsory leave without pay of up to three days as a measure…
Image for representation. The banking industry association made an appeal to customers asking them to avoid visiting branches for non-essential services and make most use…
File photo of a Cognizant office. In India, where the New Jersey-based company employs around 203,700 workers, the lockdown has thrown life for many into…
The Net Stable Funding Ratio (NSFR), which was earlier required to be introduced from 1 April 2020, will now be deferred to October 2020. (Image:…
Coal India Continues Operations Despite COVID-19 Outbreak, Records About 3 MT Production on Thursday
Coal India Continues Operations Despite COVID-19 Outbreak, Records About 3 MT Production on Thursday
Image for Representation. (Reuters) Coal is an ‘essential service’ as recognized under Emergency Services Maintenance Act (ESMA) 1981, and services engaged in coal industry are…
File image of Yashwant Sinha. Sinha, who has been quite vocal about the Modi government’s policies in the last couple of years, noted that the…
Representative photo. (Image: Reuters) The amount of increase in dearness allowance (DA) for the period from July 1, 2019, to February 2, 2020, shall be…
” class=”ff-og-image-inserted”> As the number of coronavirus cases continues to rise, experts say global job losses as a result of the crisis would far exceed…
The RBI for the first time in seven years announced to reduce the Cash Reserve Ratio (CRR) by 1 percentage point to 3 per cent.…
Image for representative purpose only (Reuters) DLF will give salaries to all workers and daily-wagers working directly with DLF, or indirectly through its active contractors,…
Image for Representation. When RBI cuts the repo rate, banks get money at a cheaper interest rate, the benefit of which is usually passed on…
Despite the Reserve Bank of India’s (RBI) massive actions to spur the economy, India’s gross domestic product (GDP) is likely to contract by 4.5 per…
Image for Representation. After opening significantly higher, the 30-share BSE barometer gave up all the gains to end 131.18 points or 0.44 per cent lower…
Image for representation. The government has sold 74.49 per cent stake in THDC for Rs 7,500 crore and 100 per cent in NEEPCO for Rs…
Image for representation. Prime Minister Narendra Modi: Today RBI has taken giant steps to safeguard our economy from the impact of the Coronavirus. PTI Last…
Image for representation. The Department of Financial Services requested people not to believe rumours of the closure of customer service bank branches. PTI Last Updated:…
New Delhi: Banking stocks surged on Friday morning after Reserve Bank of India (RBI) governor Shaktikanta Das announced a cut of 75 basis points in…
As the salary day approaches, you can put your salary and loan instalment worries to rest as banks are working overtime to ensure there is…
A day after Finance Minister Nirmala Sitharman announced a Rs 1.7 lakh crore relief package for the poor of the country, Reserve Bank of India…
The domestic stock market indices slipped down from session highs to fall 1% on Friday even though Reserve Bank of India (RBI) Governor Shaktikanta Das…
New Delhi: The Reserve Bank of India on Friday announced that banks are permitted to allow a three-month moratorium on payment of instalments of all…
People watch Prime Minister Narendra Modi addressing the nation amid concerns about the spread of coronavirus. The March televised address garnered 3,891 million viewing minutes.…
India’s central bank has followed its global peers in announcing an unprecedented 75 basis points (0.75%) cut in lending rates besides a lot of other…
File photo of medical staff with protective clothing in a hospital ward. (Reuters) The Sidbi Assistance to Facilitate Emergency (SAFE) response against coronavirus scheme will…
The Reserve Bank of India (RBI) Governor Shaktikanta Das greets the media as he arrives at a news conference after a monetary policy review in…
Bank employees wear masks as a precautionary measure following the coronavirus pandemic. (PTI) Announcing a three-month moratorium, RBI Governor Shaktikanta Das said the decision will…
A Moody’s sign is displayed on 7 World Trade Center, the company’s corporate headquarters in New York. (File photo: Reuters/Brendan McDermid) Moody’s now expects real…
Image for representation. (Reuters photo) Indian rupee gained in the early trade on Friday. It has opened higher by 46 paise at 74.69 per dollar…
Homeless and impoverished Indians eat a meal distributed by the Delhi government in New Delhi. (AP Photo) According to a poll of economists taken March…
For representation: A woman walks along a near-empty street during a lockdown amid a coronavirus disease (COVID-19) outbreak. (REUTERS/Image for representation) USA India Chamber of…
Huawei drove into its post-Google era Thursday with a flagship smartphone that uses none of the Android maker’s apps now that the Chinese group has…
The global COVID-19 pandemic is now expected to take a far worse toll on foreign direct investments worldwide than feared just a few weeks ago,…
The head office of Employees’ Provident Fund Organisation. (Image for representation) The Employees’ Provident Fund Organisation (EPFO) makes payment of pension on the last working…
The International Monetary Fund on Thursday projected a contraction of global output in 2020 and recovery in 2021 as it asked the leaders of the…
File photo of an NTPC plant. It also added that the total stake for which the pact was signed, including nominees, represents 100 per cent…
Air India. (Representative image/Reuters) The Rs 700-crore non-convertible debentures of the national carrier were due for redemption or interest payment on Thursday. And till Wednesday,…
File photo of Subhash Chandra Garg (Image: News18) Garg said in a tweet that the announced package will provide succour to out of jobs people…
Image for Representation. RB is also having a mass outreach through informative advertisement on TV as Dettol in partnership with leading Bollywood actress Madhuri Dixit…
Cash-starved private sector lender Yes Bank on Thursday approved a proposal to raise Rs 5,000 crore by way of share sale, including qualified institutions and…
The cash-strapped Yes Bank’s board on Thursday was reconstituted with immediate effect with the appointment of eight members pursuant to “Yes Bank Limited Reconstruction Scheme,…
Equity benchmarks surged for the third straight session on Thursday, logging their best three-day gains in years, after the government’s much awaited stimulus measures for…
File photo: PM Modi addresses Vijay Sankalp Rally in support of East Delhi candidates ahead of the upcoming Delhi Assembly polls, at Karkardooma in New…
Vehicles pass through a toll plaza in Gurgaon. (Image: Reuters) The National Highways Authority of India (NHAI) on Wednesday announced suspending toll collection pan-India to…
Image for representation. (Reuters) Indian FMCG Industry growth rate has been on a downward trajectory for the last three quarters, it is only in the…
State Bank of India (SBI) Chairman Rajnish Kumar. (Image: Reuters) Kumar said the relief package announced by the Finance minister is timely, well-intentioned and has…
The nationwide lockdown due to coronavirus outbreak has led to a decline in banking transactions at SBI but customers are using online and digital modes…
The commerce ministry on Thursday said it has set up a help desk to resolve export and import-related issues arising due the coronavirus outbreak. It…
Image for representation. As per the notification, 545 mills have been allocated 18 lakh tonnes of sugar for sale in the next month. The quota…
Finance Minister Nirmala Sitharaman (PTI) Addressing the media here, Sitharaman said that the fund created by a central government’s Act currently has about Rs 31,000…
India’s Growth in Next 2 Quarters Will Not be Over 3 per cent, Says Ex Chief Statistician Pronab Sen
India’s Growth in Next 2 Quarters Will Not be Over 3 per cent, Says Ex Chief Statistician Pronab Sen
Representative Image (Reuters). In an interview with PTI, Sen further said that due to the ongoing 21-day shutdown, there may be a reduction of about…
File photo of Axis Bank (Image: Reuters) The lockdown will impact industrial production and domestic demand, it said, adding this will exacerbate the economic slowdown…
File photo of Bill Ackman. (Reuters) He bought ‘credit protection on various global investment-grade and high-yield credit indices’, which resulted in the high returns. This…
Asian markets mostly rose on Thursday as investors breathed a sigh of relief that US senators have finally passed a gargantuan stimulus package for the…
Finance Minister Nirmala Sitharaman announced an economic package worth Rs 1.7 lakh crore to help migrant workers, labourers, poor and agricultural workers deal with the…
File photo of Union Bank of India. (Image: Reuters) The public sector bank also announced that all MSME and agriculture borrowers are eligible for a…
A staff member with a patient at a hospital in Neuchatel, Switzerland, on Wednesday. (Reuters) The collected funds will be used to buy medical supplies…