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Traders on the floor of the New York Stock Exchange on March 18. (Photo- AFP)

Coronavirus drug makes investors optimistic, stock markets soar

Reports that a Gilead drug is producing encouraging results in clinical trials is also giving risk sentiment a lift

17 April 2020 5:19 PM IST

Fuel consumption falls 50 per cent in April. (PTI Photo)

Petrol, diesel sales drop over 60% in April due to lockdown

Aviation turbine fuel (ATF) consumption collapsed by 94 per cent as most airlines have stopped flying

17 April 2020 4:54 PM IST

COAI to approach states for opening retail recharge points to facilitate feature phone users. (PTI Photo)

COAI asks states for opening retail recharge points

Telecom operators approached sector regulator TRAI seeking time till April 20 to submit data on recharge pattern of...

17 April 2020 3:44 PM IST

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, April 17, 2020. Shares have advanced in Asia after Chinas economic growth data, while bleak, was better than expected. (AP Photo)

Asian shares climb on China data, Wall Street rally

China reported its economy contracted 6.8% in January-March as the country battled the coronavirus

17 April 2020 2:14 PM IST

Indian labourers work at a construction site on a roadside in New Delhi. (AFP Photo)

Labour shortage to be a major challenge amid extended lockdown

Availability of labour and ensuring a fully operational supply chain would be major challenges which needs to be...

17 April 2020 2:12 PM IST

Govt removes curbs on exports of formulations made from paracetamol.(DC Photo)

India eases curbs on export of paracetamol based medicines

The government on March 3 had put export restrictions on 26 pharma ingredients and medicines, including paracetamol

17 April 2020 2:06 PM IST

Representative Image. (PTI Photo)

Bank dividend payments suspended

To maintain financial health, banks have been exempt to make any further dividend payout

17 April 2020 12:47 PM IST

Reserve Bank of India (RBI) Governor Shaktikanta Das . (PTI Photo)

RBI cuts reverse repo rate by 25 bps, repo unchanged

Surplus liquidity in the banking system has increased substantially as result of central bank's actions: Shaktikanta Das

17 April 2020 11:51 AM IST

BSE Tower. (PTI Photo)

Sensex rallies 986 points, Nifty ends at 9,267 post RBI boost

Axis Bank was the top gainer in the Sensex pack, surging over 13 per cent

17 April 2020 10:10 AM IST

Oil climbs as Trump lays out reopening of virus-hit US. (AFP Photo)

Oil jumps after Trump lays out plan for reopening of virus-hit US

Oil markets tracked a rise in Asian stock markets and on Wall Street overnight

17 April 2020 9:03 AM IST

Curtailed trading hours for debt, currency markets till Apr 30 says RBI

RBI extends reduced trading hours for debt, currency markets till Apr...

In order to minimise risks arising due covid-19 outbreak, trading hours for various RBI regulated markets were amended

16 April 2020 4:54 PM IST

Aviation min likely to come up with guidelines on refunds for cancelled flight tickets. (AFP Photo)

You might get your flight ticket refund from airline

Ministry of Civil Aviation and CEOs of Indian airlines companies spoke about issue of cancellation refunds during...

16 April 2020 3:37 PM IST