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World Bank says covid19 to push 60 million into poverty; 160 billion assistance to 100 countries . (AFP Photo)

World Bank estimates 60 million people may fall into extreme poverty...

The World Bank announced emergency operations worth USD 160 billion in 100 developing countries to fight the deadly...

20 May 2020 1:33 PM IST

Foreign investors have pulled out an estimated USD 26 billion from developing Asian economies and over USD 16 billion out of India. (AFP Photo)

Foreign investors pull out $26 billion from Asian economies, $16...

The small decline in orders in March is likely to give way to a collapse in investment across this quarter

20 May 2020 12:47 PM IST

Satish Marathe, a member of RBIs central board. (Photo- Social media)

Stimulus package fails to involve banks as frontline warriors, says...

He said the three-month moratorium offered for loan repayments announced by Reserve Bank of India is "not enough"

20 May 2020 12:41 PM IST

Johnson & Johnson stops selling talc-based baby powder in US, Canada amid lawsuits claiming it causes cancer. (AFP Photo)

Johnson & Johnson stops selling baby powder in US, Canada

J&J faces more than 16,000 lawsuits from consumers claiming its talc products, including Johnson's Baby Powder, caused...

20 May 2020 9:32 AM IST

Oil prices ease on dim economic outlook despite signs of firmer demand. (AFP Photo)

Oil prices slip on dim economic outlook, despite improved demand

A bleak economic outlook from the U.S. Federal Reserve put downward pressure on oil prices

20 May 2020 9:16 AM IST

Asian equities rally stalls on lingering economic uncertainty. (AFP Photo)

Asian equities rally stalls on lingering economic uncertainty

The World Bank warned the crisis could leave about 60 million in extreme poverty

20 May 2020 9:08 AM IST

Fiat India Automobiles, Tata Motors JV plant resumes operations at Ranjangaon. (DC Photo)

Fiat India Automobiles, Tata Motors JV plant resumes operations at...

The company implemented layers of protection, including cleaning, disinfecting and social distancing

19 May 2020 3:34 PM IST

Govt implements cut in employees provident fund contribution to 10% for May, Jun, July. (PTI Photo)

EPFO alert! Government implements cut in EPF contribution to 10% for...

Reduction in EPF contributions shall be applicable "in respect of wages payable by it for the months of May, June and...

19 May 2020 3:19 PM IST

Nasdaq to tighten listing rules, restricting Chinese IPOs, (AFP Photo)

Nasdaq to tighten listing rules, restricting Chinese IPOs

Nasdaq also unveiled some restrictions on listings last year, seeking to curb IPOs by small Chinese companies

19 May 2020 1:30 PM IST

Bharti Airtel reports fourth-quarter loss of 52.37 billion rupees. (PTI Photo)

Bharti Airtel reports fourth-quarter loss of Rs 52.37 billion

Bharti Airtel seen an increase in data traffic during Covid-19 pandemic

19 May 2020 9:18 AM IST

Asia shares, oil rally on vaccine hopes. (AP Photo)

Asia shares, oil rally on hopes for coronavirus vaccine

Oil prices jumped to their highest in over two months, as the easing of global lockdowns boosted

19 May 2020 9:15 AM IST

Swiggy to lay off 1,100 employees as covid19 hits online food orders. (PTI Photo)

Swiggy to lay off 1,100 employees as covid19 hits online food orders

Swiggy is among many that are laying off employees and reshaping their business in response to the COVID-19 pandemic

18 May 2020 4:00 PM IST