Coronavirus outbreak
Fitch cuts India's outlook to 'negative'
Fitch expected economic activity to contract by 5 percent in the fiscal year ending March 2021 due to the strict lockdown measures
Asian stocks stumble on fears of second coronavirus wave
The financial support, easing of lockdown restrictions, opening-up of economies provided support to equities in recent months
HSBC to cut around 35,000 jobs
The bank will maintain a freeze on almost all external recruitment, CEO Noel Quinn said in the memo sent to bank’s 2,35,000 staff worldwide
Tata Motors to shed 1,100 jobs at Jaguar Land Rover
The automaker posted a consolidated fourth quarter net loss of Rs 98.94 billion, as coronavirus lockdowns across its markets ravaged sales
US job losses in May could raise 3-month total to 30 million
Since mid-March, more than 40 million Americans have applied for unemployment benefits
Aakar Patel | Seven things India must do to save itself from disaster
All parties and the government acknowledge we are in trouble, and more trouble lies ahead
WHO rubbishes Italian doc's claim on virus losing potency
Professor Alberto Zangrillo, head of intensive care at Italy’s San Raffaele Hospital said that new coronavirus “clinically no longer exists”
Government rejects Flipkart's plan to enter food retail sector
The company spokesperson said that Flipkart intends to re-apply for the permit
Maruti Suzuki India records 86% slump in May sales
Domestic sales declined by 88.93 percent to 13,888 units last month
Delhi borders sealed for a week, says Kejriwal, announces relaxations
There will also be no restrictions on the number of persons travelling in four wheelers and two wheelers, Kejriwal said